Snapchat (Snap)

Snap provides technology and social media services. The Company's flagship product, Snapchat, is a camera application that was created to help people communicate through short videos and images. One of the principal concepts of Snapchat is that pictures and messages are only available for a short time before they become inaccessible. Originally, Snapchat was centered on private, person-to-person photo sharing; new features, including the ability to send short videos, communicate via video chat and saving necessary chat information through a press on a message, were added through later updates.

Company Growth (employees)
Type
Public
HQ
Venice, US
Founded
2011
Size (employees)
1,859 (est)
Snapchat (Snap) was founded in 2011 and is headquartered in Venice, US

Key People at Snapchat (Snap)

Evan Spiegel

Evan Spiegel

Co-Founder & CEO
Bobby Murphy

Bobby Murphy

Co-Founder and CTO
Michael Lynton

Michael Lynton

Chairman
Imran Khan

Imran Khan

Chief Strategy Officer
Timothy Sehn

Timothy Sehn

Vice President, Engineering
Mary Demyan Ritti

Mary Demyan Ritti

VP Communications
Philippe Browning

Philippe Browning

VP, Monetization
Steven Hwang

Steven Hwang

VP od Corporate Development
Nick Bell

Nick Bell

Vice President, Content

Snapchat (Snap) Office Locations

Snapchat (Snap) has offices in Venice, New York, Seattle, London and in 16 other locations
Venice, US (HQ)
523 Ocean Front Walk
New York, US
229 West 43rd
Show all (20)

Snapchat (Snap) Data and Metrics

Snapchat (Snap) Financial Metrics

Snapchat (Snap)'s revenue was reported to be $181.7 m in Q2, 2017
USD

Revenue (Q2, 2017)

181.7 m

Gross profit (Q2, 2017)

29.5 m

Gross profit margin (Q2, 2017), %

16%

Net income (Q2, 2017)

(443.1 m)

EBITDA (Q2, 2017)

(194 m)

EBIT (Q2, 2017)

(449 m)

Market capitalization (20-Jul-2017)

10.2 b

Closing share price (20-Jul-2017)

15

Cash (30-Jun-2017)

501.7 m
Snapchat (Snap)'s current market capitalization is $10.2 b.
USDFY, 2015FY, 2016

Revenue

58.7 m404.5 m

Revenue growth, %

590%

Cost of goods sold

182.3 m451.7 m

Gross profit

(123.7 m)(47.2 m)

Gross profit Margin, %

(211%)(12%)

Sales and marketing expense

27.2 m124.4 m

R&D expense

82.2 m183.7 m

General and administrative expense

148.6 m165.2 m

Operating expense total

258.1 m473.2 m

Depreciation and amortization

15.3 m29.1 m

EBITDA

(292.9 m)(459.4 m)

EBITDA margin, %

(499%)(114%)

EBIT

(381.7 m)(521.6 m)

EBIT margin, %

(651%)(129%)

Interest expense

(1.4 m)

Interest income

1.4 m4.7 m

Pre tax profit

(380.5 m)(521.6 m)

Income tax expense

7.6 m7.1 m

Net Income

(372.9 m)(514.6 m)
USDQ1, 2016Q2, 2016Q1, 2017Q2, 2017

Revenue

38.8 m71.8 m149.6 m181.7 m

Cost of goods sold

75.8 m94.8 m163.4 m152.1 m

Gross profit

(37 m)(23 m)(13.7 m)29.5 m

Gross profit Margin, %

(95%)(32%)(9%)16%

Sales and marketing expense

14.7 m24.6 m219.7 m90.9 m

R&D expense

28.1 m36.1 m805.8 m255.7 m

General and administrative expense

24 m32.3 m1.2 b131.9 m

Operating expense total

66.8 m92.9 m2.2 b478.5 m

EBITDA

(93.2 m)(105.1 m)(188.2 m)(194 m)

EBITDA margin, %

(240%)(146%)(126%)(107%)

EBIT

(103.8 m)(115.9 m)(2.2 b)(449 m)

EBIT margin, %

(268%)(161%)(1479%)(247%)

Interest expense

695 k998 k

Interest income

359 k871 k2.4 m6.3 m

Pre tax profit

(104.5 m)(115.9 m)(2.2 b)(442.9 m)

Income tax expense

121 k(33 k)(3 m)212 k

Net Income

(104.6 m)(115.9 m)(2.2 b)(443.1 m)
USDFY, 2015FY, 2016

Cash

640.8 m150.1 m

Accounts Receivable

44.3 m162.7 m

Current Assets

692.6 m1.2 b

PP&E

44.1 m100.6 m

Goodwill

133.9 m319.1 m

Total Assets

938.9 m1.7 b

Accounts Payable

702 k8.4 m

Current Liabilities

156.3 m156.7 m

Non-Current Liabilities

18.5 m47.1 m

Total Liabilities

174.8 m203.9 m

Common Stock

5 k5 k

Preferred Stock

4 k5 k

Additional Paid-in Capital

1.5 b2.7 b

Retained Earnings

(693.2 m)(1.2 b)

Total Equity

764.1 m1.5 b

EPS

(0.5)(0.1)

Financial Leverage

1.2 x1.1 x
USDQ1, 2017Q2, 2017

Cash

1.4 b501.7 m

Accounts Receivable

147.7 m171.5 m

Current Assets

3.5 b3 b

PP&E

116.1 m128 m

Goodwill

332.2 m502.8 m

Total Assets

4 b3.9 b

Accounts Payable

13.8 m17.8 m

Current Liabilities

242.3 m258.3 m

Non-Current Liabilities

64 m76.3 m

Total Liabilities

306.3 m334.6 m

Additional Paid-in Capital

7.2 b7.4 b

Retained Earnings

(3.4 b)(3.9 b)

Total Equity

3.7 b3.5 b

EPS

(2.3)(0.4)

Financial Leverage

1.1 x1.1 x
USDFY, 2015FY, 2016

Net Income

(372.9 m)(514.6 m)

Depreciation and Amortization

15.3 m29.1 m

Accounts Receivable

(41.9 m)(118.4 m)

Inventories

(6.6 m)(20.5 m)

Accounts Payable

(6.7 m)6.5 m

Cash From Operating Activities

(306.6 m)(611.2 m)

Purchases of PP&E

(19.2 m)(66.4 m)

Capital Expenditures

(20.4 m)

Cash From Investing Activities

(100.9 m)(1 b)

Cash From Financing Activities

650.4 m1.1 b

Income Taxes Paid

3 k1.7 m

Free Cash Flow

(631.6 m)
USDQ1, 2016Q2, 2016Q1, 2017Q2, 2017

Net Income

(104.6 m)(220.5 m)(2.2 b)(2.7 b)

Depreciation and Amortization

5 m11 m12.5 m25 m

Accounts Receivable

(7.2 m)(24 m)13.4 m(8.2 m)

Inventories

(5.8 m)(8.2 m)(43.4 m)(47.8 m)

Accounts Payable

47 k(240 k)5.6 m9.3 m

Cash From Operating Activities

(92.5 m)(226.7 m)(155 m)(364.6 m)

Purchases of PP&E

(12.5 m)(28.9 m)(18 m)(37.4 m)

Capital Expenditures

(18 m)(19.4 m)

Cash From Investing Activities

(225.5 m)(983.3 m)(1 b)(1.7 b)

Cash From Financing Activities

192.2 m1.2 b2.4 b2.4 b

Income Taxes Paid

4 k4 k3.5 m5.5 m

Free Cash Flow

(173 m)(384 m)
Y, 2017

P/E Ratio

(41.6)

Financial Leverage

1.1 x

Snapchat (Snap) Operating Metrics

Snapchat (Snap)'s Monthly Active Users was reported to be 255 m in May, 2017. Snapchat (Snap)'s Daily Active Users was reported to be 173 m in Q2, 2017
Q1, 2014Q2, 2014Q3, 2014Q4, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015Q1, 2016Jun, 2016Q2, 2016Sep, 2016Q3, 2016Dec, 2016Q4, 2016Q1, 2017Apr, 2017May, 2017Q2, 2017Aug, 2017

Daily Active Users

46 m57 m62 m71 m80 m86 m94 m107 m122 m143 m153 m158 m165.9 m173 m

Quarterly ARPU

$0.31$0.32$0.5$0.84$1.05$0.9$1.05

Quarterly ARPU (North America)

$0.67$1.06$1.76$2.15$1.81$1.97

Quarterly ARPU (Europe)

$0.07$0.14$0.24$0.28$0.24$0.39

Quarterly ARPU (Rest of World)

$0.01$0.01$0.04$0.15$0.19$0.29

Hosting Costs per Daily Active Users

$0.52$0.72$0.6

Daily Active Users (Europe)

39 m46 m49 m52 m55 m57 m

Daily Active Users (Rest of World)

29 m36 m39 m39 m40 m42 m

Daily Active Users (North America)

54 m61 m65 m68 m71 m75 m

User Retention Rate

3.5%4.1%5.1%4.2%

Monthly Active Users

301 m255 m

Snaps per Second

9 k

Daily Video Views

10 b

Snaps per Day

2.5 b3 b3 b

Spectacles Sold

34.6 k63.8 k

Photos Shared Daily

410 m

Unique Viewers (Good Luck America)

29 m

Snapchat (Snap) Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Zenly, Inc.June 22, 2017$213 m
PlacedJune 05, 2017
Cimagine MediaDecember 25, 2016$30 m
FliteDecember 19, 2016
VurbAugust 15, 2016$114.5 m
Obvious EngineeringJune 03, 2016
BitstripsMay 24, 2016$64.2 m
LookserySeptember 15, 2015$150 m
ScanDecember 17, 2014$50 m
Vergence LabsDecember 17, 2014$15 m
AddLiveMay 02, 2014$30 m

Snapchat (Snap) Market Value History

Snapchat (Snap) Revenue Breakdown

Snapchat (Snap) Job Categories

Traffic Overview of Snapchat (Snap)

Snapchat (Snap) Online and Social Media Presence

Snapchat (Snap) News and Updates

Snapchat maker unseals former employee's lawsuit: 'Snap has nothing to hide'

Saying it had “nothing to hide,” the company behind Snapchat released an unredacted version of a lawsuit filed against it by a former employee that claims investors and advertisers were misled about usage data.

Here's who got rich off the Snapchat IPO

Evan Spiegel, 26, and Bobby Murphy, 28, each sold 16 million shares in the IPO, both reaping a $272 million payout. Their remaining stakes, of about 210 million shares, are worth about $5.2 billion each based on the stock's first-day closing price.

Meet 26-year-old billionaire and Snap CEO Evan Spiegel, who just filed a $3 billion IPO

For an entrepreneur who has built a social media empire on the idea that people like to share what's going on in their lives immediately and often, Evan Spiegel is obsessed with privacy.

Snapchat will remind you to vote to get younger generation to the polls

Snapchat users in the UK will see a new feature when they come to open the app. A filter encouraging the 10m people a day across the country who use Snapchat to vote is being launched today in a partnership between the tech company and the Electoral Commission for the first time. “Snapchat has…

Instagram is going after the best part of Snapchat in the worst way

Instagram is compiling Instagram posts based on location. Sounds like it's copying Snapchat Our Stories, right?  SEE ALSO: Instagram killing Snapchat? Don't count on it Well, it would be, if it were putting any editorial judgment into what's being created and if the content shared on Instagram w…

Instagram is now completely Snapchat

Instagram announced today that it has added a new function to its picture-taking software. It introduced the feature in a blog post, as if it…
Show more

Snapchat (Snap) Company Life and Culture

You may also be interested in