Snap Inc (N:SNAP)

Business Focus: Mobile Application Software

Sector:  Technology Industry:  Software
See Regulatory Filings on SEC
Company Contact
Address: 2772 Donald Douglas, Loop North
Tel: N/A
IR: See website
Key People
Michael M. Lynton
Independent Chairman of the Board
Evan Spiegel
Chief Executive Officer, Co-Founder, Director
Robert C. Murphy
Co-Founder, Chief Technology Officer, Director
Timothy R Stone
Chief Financial Officer
Timothy Sehn
Senior Vice President - Engineering
Steven Michael Horowitz
Vice President - Engineering
Christopher Todd Handman
General Counsel
Imran T. Khan
Chief Strategy Officer
Business Overview
Snap Inc. is a camera company. The Company's flagship product, Snapchat, is a camera application that helps people to communicate through short videos and images known as a Snap. The Company provides Camera, Friends Page, Discover, Snap Map, Memories and Spectacles. Snapchat opens directly into the Camera, helping in creating a Snap and sending it to friends. It offers a range of creative tools that enables people to personalize and add content to their Snaps. Its chat services includes creating and watching stories, chatting with groups, making voice and video calls, and communicating through a range of stickers and Bitmojis. Memories enable users to create Snaps and stories from their saved snaps, as well as their camera roll. It also offers Spectacles, its sunglasses that make Snap. The Company's advertising products include Snap Ads and Sponsored Creative Tools, such as Sponsored Lenses and Sponsored Geofilters.
Financial Overview
For the nine months ended 30 September 2018, Snap Inc revenues increased 47% to $790.6M. Net loss decreased 66% to $1.06B. Revenues reflect Northern America segment increase of 85% to $534.9M, Europe segment increase from $29M to $120.4M. Lower net loss reflects General and administrative - Stock decrease of 93% to $86.7M (expense), Research and development - Stock decrease of 74% to $272M (expense).
Employees: 3,069 as of Dec 31, 2017
Reporting Currency: U.S. Dollars
Enterprise value: $5,928M as of Sep 30, 2018
Annual revenue (TTM): $1,076M as of Sep 30, 2018
EBITDA (TTM): -$1,347M as of Sep 30, 2018
Net annual income (TTM): -$1,018M as of Sep 30, 2018
Free cash flow (TTM): -$861.31M as of Sep 30, 2018
Net Debt Last Fiscal Year: N/A
Shares outstanding: 1,294,919,016 as of Oct 19, 2018
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization