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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

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