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
Lara Sweet
Interim Chief Financial Officer, Principal Financial officer, Chief Accounting Officer
Timothy Sehn
Senior Vice President - Engineering
Steven Michael Horowitz
Vice President - Engineering
Christopher Todd Handman
General Counsel
Julie Henderson
Chief Communications Officer
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 fiscal year ended 31 December 2018, Snap Inc revenues increased 43% to $1.18B. Net loss decreased 64% to $1.26B. Revenues reflect Rest of the world segment increase of 19% to $216.4M. Lower net loss reflects General and administrative - Stock decrease of 91% to $109.2M (expense), Research and development - Stock decrease of 71% to $340.5M (expense). Basic Earnings per Share excluding Extraordinary Items increased from -$2.95 to -$0.97.
Employees: 2,884 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $10,769M as of Dec 31, 2018
Annual revenue (TTM): $1,180M as of Dec 31, 2018
EBITDA (TTM): -$1,177M as of Dec 31, 2018
Net annual income (TTM): -$1,256M as of Dec 31, 2018
Free cash flow (TTM): -$812.73M as of Dec 31, 2018
Net Debt Last Fiscal Year: N/A
Shares outstanding: 1,321,035,798 as of Jan 31, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization