Snap Quarterly Results Q4 2022 [pdf]

Re:Snap Quarterly Results Q4 2022 [pdf] by psswrd12345 on Tuesday January 31, 2023 @07:32PM (#34604520)

Is there anything funnier than money incinerating "tech" companies' non-GAAP EBITDA? "Hey, sure we may have lost $1.5B, but look if we ignore over $1.3B of stock based compensation and a few other very real expenses, we actually made money!"

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Re:Snap Quarterly Results Q4 2022 [pdf] by adam_arthur on Tuesday January 31, 2023 @07:37PM (#34604574)

The stock-based compensation numbers are truly staggering. EBITDA/FCF measures tend to completely ignore it, making actual profitability significantly worse than non-GAAP measures imply

SNAP:

Revenue: $1.3B and projected to decline

Stock based comp: $446M

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Re:Snap Quarterly Results Q4 2022 [pdf] by kgwgk on Tuesday January 31, 2023 @08:00PM (#34604831)

EBITDA doesn’t ignore stock-based compensation. Adjusted EBITDA typically does so though - just like adjusted EPS.

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Re:Snap Quarterly Results Q4 2022 [pdf] by drexlspivey on Tuesday January 31, 2023 @08:12PM (#34604943)

Community adjusted EBITDA

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Re:Snap Quarterly Results Q4 2022 [pdf] by deltree7 on Tuesday January 31, 2023 @08:02PM (#34604856)

OTOH, there are few companies on this planet that can boast 375 Million DAU

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Re:Snap Quarterly Results Q4 2022 [pdf] by psswrd12345 on Tuesday January 31, 2023 @08:14PM (#34604951)

There are even fewer than can have that many and yet still lose $1.5B.

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Re:Snap Quarterly Results Q4 2022 [pdf] by shuckles on Tuesday January 31, 2023 @08:46PM (#34605209)

That’s a tautology since you described a subset.

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Re:Snap Quarterly Results Q4 2022 [pdf] by idlewords on Tuesday January 31, 2023 @08:41PM (#34605179)

Earnings before interest, taxes, payroll, depreciation, losses, dividends, and expenses.

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