Snap (Snapchat)

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)
Snap (Snapchat) was founded in 2011 and is headquartered in Venice, US

Key People/Management at Snap (Snapchat)

Evan Spiegel

Evan Spiegel

Co-Founder & CEO
Drew Vollero

Drew Vollero

CFO
Bobby Murphy

Bobby Murphy

Co-Founder and CTO
Michael Lynton

Michael Lynton

Chairman
Imran Khan

Imran Khan

Chief Strategy Officer
Michael O'Sullivan

Michael O'Sullivan

General Counsel
Steven Horowitz

Steven Horowitz

Vice President, Hardware
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

Snap (Snapchat) Office Locations

Snap (Snapchat) has offices in Venice, Seattle, London, Chicago and in 21 other locations
Venice, US (HQ)
523 Ocean Front Walk
Los Angeles, US
606 S Venice Blvd
New York, US
229 W 43rd St
Seattle, US
999 3rd Avenue
Show all (26)

Snap (Snapchat) Financials and Metrics

Snap (Snapchat) Financials

Snap (Snapchat)'s revenue was reported to be $404.5 m in FY, 2016
USD

Revenue (Q3, 2017)

207.9 m

Gross profit (Q3, 2017)

(2.8 m)

Gross profit margin (Q3, 2017), %

(1%)

Net income (Q3, 2017)

(443.2 m)

EBITDA (Q3, 2017)

(178.9 m)

EBIT (Q3, 2017)

(461.8 m)

Market capitalization (31-Oct-2017)

18.4 b

Closing share price (31-Oct-2017)

15.7

Cash (30-Sep-2017)

317.6 m
Snap (Snapchat)'s current market capitalization is $18.4 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)
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

38.8 m71.8 m128.2 m149.6 m181.7 m207.9 m

Cost of goods sold

75.8 m94.8 m127.8 m163.4 m152.1 m210.7 m

Gross profit

(37 m)(23 m)424 k(13.7 m)29.5 m(2.8 m)

Gross profit Margin, %

(95%)(32%)0%(9%)16%(1%)
USDFY, 2015FY, 2016

Cash

640.8 m150.1 m

Accounts Receivable

44.3 m162.7 m

Prepaid Expenses

7.4 m30 m

Current Assets

692.6 m1.2 b
USDQ1, 2017Q2, 2017Q3, 2017

Cash

1.4 b501.7 m317.6 m

Accounts Receivable

147.7 m171.5 m195 m

Prepaid Expenses

73 m77.8 m54.7 m

Current Assets

3.5 b3 b2.5 b
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)

Accounts Payable

(6.7 m)6.5 m
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

(104.6 m)(220.5 m)(344.7 m)(2.2 b)(2.7 b)(3.1 b)

Depreciation and Amortization

5 m11 m18.5 m12.5 m25 m42.5 m

Accounts Receivable

(7.2 m)(24 m)(78.5 m)13.4 m(8.2 m)(24.5 m)

Accounts Payable

47 k(240 k)1.7 m5.6 m9.3 m4.1 m
USDY, 2017

P/E Ratio

(43.6)

Revenue/Employee

111.9 k

Financial Leverage

1.1 x
Show all financial metrics

Snap (Snapchat) Operating Metrics

Snap (Snapchat)'s Monthly Active Users was reported to be 255 m in May, 2017. Snap (Snapchat)'s Daily Active Users was reported to be 178 m in Q3, 2017
Q1, 2014Q2, 2014Q3, 2014Q4, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015Q1, 2016Jun, 2016Q2, 2016Q3, 2016Dec, 2016Q4, 2016Q1, 2017Apr, 2017May, 2017Q2, 2017Q3, 2017Oct, 2017

Daily Active Users

46 m57 m62 m71 m80 m86 m94 m107 m122 m143 m153 m158 m166 m173 m178 m

Quarterly ARPU

$0.31$0.32$0.5$0.84$1.05$0.9$1.05$1.17

Quarterly ARPU (North America)

$0.67$1.06$1.76$2.15$1.81$1.97$2.17

Quarterly ARPU (Europe)

$0.07$0.14$0.24$0.28$0.24$0.39$0.48
Show all operating metrics

Snap (Snapchat) Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
MetamarketsNovember 03, 2017$100 m
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

Snap (Snapchat) Market Value History

Snap (Snapchat) Revenue Breakdown

Source: github.com
Show all human capital metrics

Snap (Snapchat)'s Web-traffic and Trends

Snap (Snapchat) Online and Social Media Presence

Snap (Snapchat) 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.

Snap (Snapchat) Company Life and Culture

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