Financials Snap Inc.

Equities

SNAP

US83304A1060

Software

Market Closed - Nyse Other stock markets 21:00:02 11/07/2025 BST			After hours 01:00:00
9.110 ^USD	-2.46%		9.175	+0.71%

07-09	Snap Inc. and RWS Global Team Up on In-Stadium Augmented Reality Experiences At Global Sports Events	CI
07-09	Snap, RWS Collaborate at Global Sporting Events	MT

Projected Income Statement: Snap Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	2,507	4,117	4,602	4,606	5,361	5,840	6,472	7,216
Change	-	64.25%	11.78%	0.09%	16.4%	8.93%	10.82%	11.5%
EBITDA ¹	45.16	616.7	377.6	161.6	508.6	538.2	781.9	1,175
Change	-	1,265.47%	-38.77%	-57.21%	214.78%	5.82%	45.28%	50.27%
EBIT ¹	-862.1	-702.1	-1,395	-1,398	-787.3	-777.2	-587.5	-223.1
Change	-	18.56%	-98.74%	-0.22%	43.7%	1.29%	24.41%	62.02%
Interest Paid ¹	-97.23	-17.68	-21.46	-22.02	-21.55	-93.43	-73.83	-65.45
Earnings before Tax (EBT) ¹	-926.2	-474.4	-1,401	-1,294	-672.2	-693.9	-549.7	-189.5
Change	-	48.78%	-195.27%	7.59%	48.07%	-3.22%	20.78%	65.53%
Net income ¹	-944.8	-488	-1,430	-1,322	-697.9	-691	-552.1	-138
Change	-	48.36%	-192.99%	7.5%	47.23%	0.98%	20.11%	75%
Announcement Date	04/02/21	03/02/22	31/01/23	06/02/24	04/02/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1
Net sales ¹	454.2	678.7	911.3	769.6	982.1	1,067	1,298	1,063	1,111	1,128	1,300	988.6	1,068	1,189	1,361	1,195	1,237	1,373	1,557	1,363	1,341	1,472	1,673	1,450	1,460	1,599	1,805	1,552
Change	-	49.43%	34.28%	-15.55%	27.62%	8.69%	21.59%	-18.12%	4.53%	1.58%	15.18%	-23.94%	8%	11.32%	14.53%	-12.23%	3.51%	10.98%	13.46%	-12.46%	-1.59%	9.71%	13.64%	-13.3%	0.72%	9.45%	12.94%	-14.06%
EBITDA ¹	-95.57	56.36	165.6	-1.709	117.4	174.2	326.8	64.47	7.19	72.64	233.3	0.813	-38.48	40.09	159.1	45.66	54.98	132	276	108.4	48.49	121.3	262.4	121.4	104.4	193.5	358.8	-
Change	-	158.97%	193.84%	-101.03%	6,969.69%	48.38%	87.6%	-80.27%	-88.85%	910.29%	221.14%	-99.65%	-4,832.96%	204.2%	296.94%	-71.31%	20.41%	140.03%	109.16%	-60.72%	-55.28%	150.08%	116.4%	-53.74%	-13.97%	85.32%	85.4%	-
EBIT ¹	-310.6	-167.9	-97.24	-303.6	-192.5	-180.8	-25.13	-271.5	-400.9	-435.2	-287.6	-365.3	-404.3	-380.1	-248.7	-333.2	-254	-173.2	-26.88	-193.8	-274.1	-209.9	-83.9	-197.9	-252.2	-168.2	5.395	-
Change	-	45.96%	42.07%	-212.24%	36.59%	6.07%	86.1%	-980.62%	-47.66%	-8.56%	33.92%	-27.01%	-10.7%	6%	34.56%	-33.98%	23.78%	31.8%	84.48%	-621.23%	-41.38%	23.42%	60.02%	-135.91%	-27.44%	33.32%	103.21%	-
Charge d'intérêts ¹	-24.73	-28.21	-29.18	-5.031	-4.564	-4.031	-4.05	-5.173	-5.549	-5.425	-5.312	-5.885	-5.343	-5.521	-5.275	-4.743	-5.113	-5.883	-5.813	-23.4	-22.7	-23.45	-23.57	-19.99	-19.95	-20.18	-20.46	-
Earnings before Tax (EBT) ¹	-327	-198.9	-94.97	-285.4	-153.5	-70.97	35.58	-351.1	-415.1	-350.3	-284.3	-321.8	-365.2	-362.4	-245	-298.2	-243.4	-144.9	14.26	-131.2	-271.4	-210.8	-79.83	-198.1	-242.5	-158.9	9.581	-
Change	-	39.16%	52.26%	-200.55%	46.21%	53.78%	150.14%	-1,086.8%	-18.21%	15.61%	18.85%	-13.22%	-13.48%	0.77%	32.4%	-21.71%	18.36%	40.47%	109.84%	-1,019.44%	-106.91%	22.34%	62.12%	-148.19%	-22.41%	34.5%	106.03%	-
Net income ¹	-326	-199.9	-113.1	-286.9	-151.7	-71.96	22.55	-359.6	-422.1	-359.5	-288.5	-328.7	-377.3	-368.3	-248.2	-305.1	-248.6	-153.2	9.101	-139.6	-261	-198.7	-66.27	-200.6	-240.5	-161.8	4.975	-150.7
Change	-	38.69%	43.41%	-153.66%	47.13%	52.55%	131.34%	-1,694.78%	-17.36%	14.82%	19.76%	-13.94%	-14.8%	2.4%	32.59%	-22.9%	18.51%	38.36%	105.94%	-1,633.75%	-87%	23.89%	66.64%	-202.7%	-19.87%	32.73%	103.08%	-3,130.09%
Announcement Date	21/07/20	20/10/20	04/02/21	22/04/21	22/07/21	21/10/21	03/02/22	21/04/22	21/07/22	20/10/22	31/01/23	27/04/23	25/07/23	24/10/23	06/02/24	25/04/24	01/08/24	29/10/24	04/02/25	29/04/25	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Snap Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	-862	-1,440	-197	205	268	118	-396	-1,209
Change	-	-67.05%	86.32%	204.06%	30.73%	-55.91%	-435.59%	-205.3%
Announcement Date	04/02/21	03/02/22	31/01/23	06/02/24	04/02/25	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Snap Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	57.83	69.88	129.3	211.7	194.8	182.3	191.6	203.1
Change	-	20.82%	85.05%	63.74%	-7.98%	-6.42%	5.1%	5.97%
Free Cash Flow (FCF) ¹	-225.5	223	55.31	34.79	218.7	402	583.1	1,011
Change	-	198.9%	-75.2%	-37.09%	528.42%	83.87%	45.04%	73.35%
Announcement Date	04/02/21	03/02/22	31/01/23	06/02/24	04/02/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Snap Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	1.8%	14.98%	8.2%	3.51%	9.49%	9.22%	12.08%	16.28%
EBIT Margin (%)	-34.39%	-17.05%	-30.32%	-30.36%	-14.68%	-13.31%	-9.08%	-3.09%
EBT Margin (%)	-36.95%	-11.52%	-30.44%	-28.1%	-12.54%	-11.88%	-8.49%	-2.63%
Net margin (%)	-37.69%	-11.85%	-31.07%	-28.71%	-13.02%	-11.83%	-8.53%	-1.91%
FCF margin (%)	-9%	5.42%	1.2%	0.76%	4.08%	6.88%	9.01%	14.01%
FCF / Net Income (%)	23.86%	-45.7%	-3.87%	-2.63%	-31.33%	-58.18%	-105.62%	-732.41%
Profitability
ROA	-20.91%	-7.77%	-18.37%	-16.53%	-8.78%	-8.26%	-5.8%	-1.61%
ROE	-41.17%	-15.95%	-44.88%	-52.95%	-28.69%	-29.9%	-18.81%	-4.92%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	1.27x	0.53x	0.22x	-	-
Debt / Free cash flow	-	-	-	5.9x	1.22x	0.29x	-	-
Capital Intensity
CAPEX / Current Assets (%)	2.31%	1.7%	2.81%	4.6%	3.63%	3.12%	2.96%	2.81%
CAPEX / EBITDA (%)	128.05%	11.33%	34.25%	131.04%	38.31%	33.88%	24.51%	17.28%
CAPEX / FCF (%)	-25.65%	31.33%	233.79%	608.52%	89.1%	45.35%	32.86%	20.09%
Items per share
Cash flow per share ¹	-0.1152	0.1878	0.1148	0.1529	0.2492	0.3729	0.4539	0.5931
Change	-	263.08%	-38.87%	33.19%	62.98%	49.63%	21.74%	30.66%
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	1.601	2.431	1.64	1.467	1.45	1.355	1.511	1.787
Change	-	51.89%	-32.56%	-10.52%	-1.19%	-6.5%	11.49%	18.25%
EPS ¹	-0.65	-0.31	-0.89	-0.82	-0.42	-0.3975	-0.313	-0.1256
Change	-	52.31%	-187.1%	7.87%	48.78%	5.35%	21.27%	59.88%
Nbr of stocks (in thousands)	1,489,981	1,609,798	1,613,101	1,646,395	1,677,206	1,682,350	1,682,350	1,682,350
Announcement Date	04/02/21	03/02/22	31/01/23	06/02/24	04/02/25	-	-	-