Snap Inc

SNAP

Snap Inc

@CAT
10 months ago

Is The Business Growing?

Is The Business Growing?

TLDR;

Revenue: ✅

Free Cash Flow: ✅

Daily Active Users: ✅

Absolutely, though as seen by their historic revenue growth, a combination of higher borrowing costs and Apples changes to app tracking for ad revenue, they had almost stagnated in 2023, though not so dramatically.

Also notable is they’ve been free cash flow positive since 2021 and don’t seem to have any intention to relinquish that status!

They’ve been trading for their lowest price to sales ratio in history, and I feel that their intangible asset in their user-base is underrated.