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The sale of the last stock exchange is dragging many corporations, including the flood Whimper (NYSE: Snap)a social media specialist. Although the company finished 2024 with a strong momentum, its shares have declined 18% since January. Again, there are good reasons to drown on the snap. The long-term prospects of the company seem attractive in spite of a turbulent in several years. Read to get more information.
Snapchat Parent Company, openly sold in March 2017. Since then, the company’s performance, gently, was not effective. This Technological leader encountered several problems. To name only three of these issues: Some social media platforms have copied the signature self-destructive pictures and video model; An iOS software update has made it difficult for the company to launch target ads; And an important slowdown in the spending of announcement between economic problems brought a worse income than expected.
The result is not a recipe for any company to succeed, resulting in the resulting top line and continuous net losses. However, for the fourth quarter, the financial results of the SNAP for the most last year was very strong. $ 1.6 billion in revenues for the company’s period increased by 14% compared to year ago. SNAP, compared to a net loss of $ 248 million, 9 million dollars worth $ 9 million, interest, tax, depreciation and depreciation were obtained (On air) On $ 276 million, 73% increased since the previous period.
Snap was improved, including several other basic measures, including free cash flow. Snap’s Q4 results were not just a fluke. The company’s work is getting better and can give excellent results over the next ten years.
Snap is still from the advertisements of the money. Thus, it is very important for the company’s platform to continue to grow its users. Social media specialist is progressing. In Q4, SNAP’s daily active users (DAUS) reached 453 million from 9% over the year. In addition, SNAP continues to start the features at Snapchat, which helps to associate with artificial intelligence (AI).
Snapchat’s Snapchat’s “in the 60s” and a feature that creates the image of a user’s image in the 60s was more than 900 million times. Snap, there is a basis of growing users who are engaged in projects such as projects, SnapChat will be a good goal for companies who want to reach potential customers. And in recent years, the company improved the advertising platform due to the learning of machinery.
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