Similar companies
| Company | Revenue | |
|---|---|---|
 |
MetaMETA |
47.7B 17.5% |
 |
1.15B 28.5% | |
 |
BaiduBIDU |
34.1B 1.7% |
 |
95.4B 8% | |
 |
VimeoVMEO |
103M 1% |
Income Statement (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Revenue | 1.56B | 13.5% |
| Gross Profit | 886M | 20.7% |
| Cost of Revenue | 672M | 5.1% |
| Operating expense | 925M | 0.5% |
| Net Income | 9.1M | 105.9% |
| EBITDA | 29M | 123% |
Balance Sheet (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Total Assets | 7.94B | 4.5% |
| Total Liabilities | 5.49B | 1.9% |
| Total Equity | 2.45B | 10.9% |
| Shares Outstanding | 1.74B | 1% |
Cash Flow (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Cash from operations | 231M | 99% |
| Cash from investing | -149M | 33.2% |
EPS
Financial Highlights for Snap in Q4 '24
Snap reported a revenue of 1.56B, which is a 13.5% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 886M, marking a 20.7% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 672M, a 5.1% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 925M, showing a 0.5% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 9.1M, showing a 105.9% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 29M, showing a 123% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Snap with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
