MARKET COMPOSITE
SNAP - Snap Inc7:28:17 PM 5/7/2024
Price
$17.00
+ 0.16 (0.92%)
Snap Inc. operates as a camera company in the United States and internationally. The company offers Snapchat, a camera application that helps people to communicate through short videos and images called Snaps. It also provides Camera, a tool to personalize and add context to Snaps; Chat that allows creating and watching stories, chatting with groups, making voice and video calls, and communicating through a range of contextual stickers and Bitmojis; and Discover that helps surfacing the stories and shows from publishers, creators, and the community based on a user's subscriptions and interests. In addition, the company offers Snap Map, which brings to a live map of individual location, showing nearby friends, popular stories, and a heatmap of recent snaps posted; Memories that allows users to choose to save the Snaps they create in a searchable personal collection, and users to create Snaps and stories from their saved Snaps and camera roll; and Spectacles, a hardware product that connects with Snapchat and captures video from a human perspective. The company was formerly known as Snapchat, Inc. and changed its name to Snap Inc. in September 2016. Snap Inc. was founded in 2010 and is headquartered in Santa Monica, California.
Financials
Quarterly financials
(USD)Dec 2022Q/Q
Revenue1.3B+15%
Gross Profit818.4MM-
Cost Of Revenue481.3MM+3%
Operating Income-287.6MM-34%
Operating Expenses1.1B-
Net Income-288.5MM-20%
R&D584.9MM+4%
G&A225.9MM-14%
Marketing295.1MM+9%
Amortization24.8MM+19%
Interest Expense5.3MM-2%
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