Balance Sheet Reddit, Inc.

Equities

RDDT

US75734B1008

Internet Services

Market Closed - Nyse Other stock markets 04:00:02 2025-12-05 pm EST			Pre-market 09:08:24 am
234.11 ^USD	+5.10%		230.75	-1.44%

Dec. 03	Bombora Audiences Now Available on Reddit to Reach B2B Buyers At Scale	CI
Dec. 03	Reddit Insider Sold Shares Worth $3,873,360, According to a Recent SEC Filing	MT

438b.Yy4RhTdIFVZjGUHwuzAZq7mD4XxHhLiYQlErLlG7Pno.BEF-skELZx4RbC2A0VFPk5T1qAkDtsygFhdzHCP8SQxXQ1z3ZAlZIjVADA

Published financial data: REDDIT, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	229M	485M	667M	804M	1.3B
Total Revenues	229M	485M	667M	804M	1.3B
Cost of Goods Sold, Total	55.03M	72.56M	105M	111M	124M
Gross Profit	174M	412M	562M	693M	1.18B
Selling General & Admin Expenses, Total	119M	283M	369M	395M	784M
R&D Expenses	118M	257M	365M	438M	912M
Other Operating Expenses	-	-	-	-	41.29M
Other Operating Expenses, Total	236M	540M	734M	833M	1.74B
Operating Income	-62.56M	-127M	-172M	-140M	-561M
Interest And Investment Income	-	355K	-	-	78.12M
Net Interest Expenses	-	355K	-	-	78.12M
Other Non Operating Income (Expenses)	3.49M	-698K	14.23M	53.14M	-2.76M
EBT, Excl. Unusual Items	-59.07M	-128M	-158M	-87.02M	-485M
EBT, Incl. Unusual Items	-59.07M	-128M	-158M	-87.02M	-485M
Income Tax Expense	102K	340K	622K	3.8M	-931K
Earnings From Continuing Operations	-59.17M	-128M	-159M	-90.82M	-484M
Net Income to Company	-59.17M	-128M	-159M	-90.82M	-484M
Net Income - (IS)	-59.17M	-128M	-159M	-90.82M	-484M
Net Income to Common Incl Extra Items	-59.17M	-128M	-159M	-90.82M	-484M
Net Income to Common Excl. Extra Items	-59.17M	-128M	-159M	-90.82M	-484M
Per Share Items
Net EPS - Basic	-1.23	-2.47	-2.77	-1.54	-3.33
Basic EPS - Continuing Operations	-1.23	-2.47	-2.77	-1.54	-3.33
Basic Weighted Average Shares Outstanding	48.26M	51.69M	57.25M	59.14M	145M
Net EPS - Diluted	-1.23	-2.47	-2.77	-1.54	-3.33
Diluted EPS - Continuing Operations	-1.23	-2.47	-2.77	-1.54	-3.33
Diluted Weighted Average Shares Outstanding	48.26M	51.69M	57.25M	59.14M	145M
Normalized Basic EPS	-0.77	-1.54	-1.72	-0.92	-2.08
Normalized Diluted EPS	-0.77	-1.54	-1.72	-0.92	-2.08
Supplemental Items
EBITDA	-60.62M	-125M	-164M	-126M	-545M
EBITA	-62.56M	-127M	-168M	-131M	-551M
EBIT	-62.56M	-127M	-172M	-140M	-561M
EBITDAR	-48.51M	-112M	-148M	-109M	-534M
Effective Tax Rate - (Ratio)	-0.17	-0.27	-0.39	-4.37	0.19
Current Domestic Taxes	77K	61K	1.47M	2.42M	333K
Current Foreign Taxes	25K	279K	1.23M	1.47M	851K
Total Current Taxes	102K	340K	2.7M	3.89M	1.18M
Deferred Domestic Taxes	-	-	-1.77M	-	-237K
Deferred Foreign Taxes	-	-	-311K	-90K	-1.88M
Total Deferred Taxes	-	-	-2.08M	-90K	-2.12M
Normalized Net Income	-36.92M	-79.72M	-98.7M	-54.39M	-303M
Supplemental Operating Expense Items
Advertising Expense	-	12.3M	-	-	9.2M
Selling and Marketing Expenses	75.4M	138M	225M	230M	344M
General and Administrative Expenses	43.52M	145M	144M	165M	440M
Research And Development Expense From Footnotes	118M	257M	365M	438M	935M
Net Rental Expense, Total	12.12M	12.35M	16.15M	17.67M	10.83M
Stock-Based Comp., COGS (Total)	553K	61K	133K	101K	620K
Stock-Based Comp., R&D Exp. (Total)	11.11M	65.62M	35.64M	23.82M	442M
Stock-Based Comp., S&M Exp. (Total)	4.68M	14.49M	7.58M	5.56M	80.44M
Stock-Based Comp., G&A Exp. (Total)	4.9M	69.7M	11.96M	18.12M	279M
Total Stock-Based Compensation	21.25M	150M	55.31M	47.6M	802M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	112M	1.34B	436M	401M	562M
Short Term Investments	251M	75.33M	831M	812M	1.28B
Total Cash And Short Term Investments	363M	1.41B	1.27B	1.21B	1.84B
Accounts Receivable, Total	86.52M	162M	192M	245M	350M
Other Receivables	5.93M	772K	7.09M	7.77M	16.2M
Total Receivables	92.44M	162M	199M	253M	366M
Prepaid Expenses	18.35M	24.66M	17.05M	11.93M	14.58M
Other Current Assets, Total	271K	635K	1.25M	1.59M	2.28M
Total Current Assets	474M	1.6B	1.48B	1.48B	2.22B
Gross Property Plant And Equipment	32.21M	27.91M	36.92M	45.74M	47.1M
Accumulated Depreciation	-2.84M	-5.08M	-6.38M	-6.79M	-11.2M
Net Property Plant And Equipment	29.37M	22.83M	30.54M	38.95M	35.9M
Long-term Investments	4.6M	-	-	-	-
Goodwill	6.47M	6.47M	26.3M	26.3M	42.17M
Other Intangibles, Total	760K	456K	39.35M	30.32M	25.41M
Deferred Charges Long-Term	-	7.89M	15.65M	17.43M	-
Other Long-Term Assets, Total	9.23M	6.59M	3.94M	3.77M	9.71M
Total Assets	524M	1.65B	1.6B	1.6B	2.34B
Liabilities
Accounts Payable, Total	9.35M	22.89M	32.94M	46.51M	45.42M
Accrued Expenses, Total	16.16M	29.17M	52.43M	64.7M	95.26M
Current Portion of Leases	6.46M	6.85M	7.8M	3.71M	6.14M
Unearned Revenue Current, Total	2.26M	7.53M	8.02M	7.25M	14.8M
Other Current Liabilities	15.52M	4.01M	5.26M	11.4M	14.4M
Total Current Liabilities	49.75M	70.46M	106M	134M	176M
Long-Term Leases	13.46M	6.61M	11.69M	22.04M	20.56M
Other Non Current Liabilities	1.8M	568K	7.14M	287K	9.26M
Total Liabilities	65.01M	77.63M	125M	156M	206M
Preferred Stock Convertible	611M	1.85B	1.85B	1.85B	-
Total Preferred Equity	611M	1.85B	1.85B	1.85B	-
Common Stock, Total	5K	6K	6K	6K	17K
Additional Paid In Capital	106M	181M	250M	303M	3.33B
Retained Earnings	-247M	-467M	-626M	-717M	-1.2B
Treasury Stock	-10.3M	-	-	-	-
Comprehensive Income and Other	196K	-238K	-3.79M	814K	24K
Total Common Equity	-152M	-286M	-379M	-413M	2.13B
Total Equity	459M	1.57B	1.47B	1.44B	2.13B
Total Liabilities And Equity	524M	1.65B	1.6B	1.6B	2.34B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	49.05M	56.38M	57.79M	61M	181M
ECS Total Common Shares Outstanding	49.05M	56.38M	57.79M	61M	180M
Book Value / Share	-3.09	-5.07	-6.56	-6.77	11.82
Tangible Book Value	-159M	-293M	-445M	-470M	2.06B
Tangible Book Value Per Share	-3.24	-5.2	-7.7	-7.7	11.44
Total Debt	19.92M	13.46M	19.49M	25.75M	26.7M
Net Debt	-347M	-1.4B	-1.25B	-1.19B	-1.81B
Debt Equivalent Oper. Leases	96.94M	98.79M	129M	141M	86.66M
Account Code - Inventory Valuation	3	-	3	3	3
Machinery, Total	4.29M	7.28M	9.58M	14.14M	15.83M
Full Time Employees	791	1.56K	-	-	2.23K
Accumulated Allowance for Doubtful Accounts (Supple)	200K	100K	100K	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-59.17M	-128M	-159M	-90.82M	-484M
Depreciation & Amortization - CF	1.93M	2.51M	3.9M	4.7M	6.44M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	4.1M	9M	9.2M
Depreciation & Amortization, Total	1.93M	2.51M	8M	13.7M	15.64M
Amortization of Deferred Charges, Total - (CF)	-	380K	343K	-	-
(Gain) Loss on Sale of Investments - (CF)	601K	1.54M	-3.26M	-27.44M	-43.4M
Stock-Based Compensation (CF)	21.25M	48.73M	55.31M	47.6M	802M
Provision and Write-off of Bad Debts	33K	-169K	24K	-	-
Other Operating Activities, Total	9.08M	8.45M	14.2M	11.84M	-77K
Change In Accounts Receivable	-43.28M	-74.99M	-30.23M	-53.32M	-104M
Change In Accounts Payable	2.69M	11.73M	10.9M	12.47M	-570K
Change in Other Net Operating Assets	5.03M	-481K	9.24M	10.86M	37.38M
Cash from Operations	-61.84M	-130M	-94.02M	-75.11M	222M
Capital Expenditure	-3.05M	-2.3M	-6.23M	-9.72M	-6.25M
Cash Acquisitions	-	-	-42.2M	-	-17.14M
Investment in Marketable and Equity Securities, Total	84.23M	178M	-756M	50.84M	-423M
Other Investing Activities, Total	-	-5M	-64K	172K	5.82M
Cash from Investing	81.18M	171M	-804M	41.29M	-441M
Issuance of Common Stock	8.33M	38.98M	7.03M	8.43M	689M
Repurchase of Common Stock	-	-95.19M	-	-4.32M	-295M
Issuance of Preferred Stock	-	1.24B	-	-	-
Other Financing Activities, Total	-	-4.35M	-10.82M	-4.92M	-14.89M
Cash from Financing	8.33M	1.18B	-3.78M	-811K	380M
Net Change in Cash	27.67M	1.22B	-902M	-34.63M	161M
Supplemental Items
Cash Income Tax Paid (Refund)	5K	164K	745K	-	-
Levered Free Cash Flow	-	14.6M	-44.77M	-54M	385M
Unlevered Free Cash Flow	-	14.52M	-45.11M	-54M	385M
Change In Net Working Capital	-	56.36M	-5.41M	17.97M	76M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-	-7.33	-6.63	-5.48	-17.82
Return on Total Capital	-	-7.72	-7	-5.92	-19.34
Return On Equity %	-	-12.62	-10.42	-6.23	-27.12
Return on Common Equity	-	58.45	47.68	22.94	-56.38
Margin Analysis
Gross Profit Margin %	75.96	85.04	84.28	86.19	90.49
SG&A Margin	51.95	58.28	55.33	49.11	60.3
EBITDA Margin %	-26.48	-25.72	-24.62	-15.73	-41.91
EBITA Margin %	-27.33	-26.23	-25.21	-16.31	-42.41
EBIT Margin %	-27.33	-26.23	-25.82	-17.43	-43.11
Income From Continuing Operations Margin %	-25.85	-26.37	-23.78	-11.3	-37.25
Net Income Margin %	-25.85	-26.37	-23.78	-11.3	-37.25
Net Avail. For Common Margin %	-25.85	-26.37	-23.78	-11.3	-37.25
Normalized Net Income Margin	-16.13	-16.44	-14.8	-6.76	-23.32
Levered Free Cash Flow Margin	-	3.01	-6.72	-6.72	29.59
Unlevered Free Cash Flow Margin	-	2.99	-6.77	-6.72	29.59
Asset Turnover
Asset Turnover	-	0.45	0.41	0.5	0.66
Fixed Assets Turnover	-	18.58	24.98	23.14	34.74
Receivables Turnover (Average Receivables)	-	3.91	3.77	3.68	4.37
Short Term Liquidity
Current Ratio	9.52	22.72	13.94	11.08	12.63
Quick Ratio	9.15	22.36	13.77	10.98	12.54
Operating Cash Flow to Current Liabilities	-1.24	-1.85	-0.88	-0.56	1.26
Days Sales Outstanding (Average Receivables)	-	93.41	96.81	99.25	83.72
Average Days Payable Outstanding	-	81.08	97.23	130.63	136.13
Long Term Solvency
Total Debt/Equity	4.34	0.86	1.32	1.79	1.25
Total Debt / Total Capital	4.16	0.85	1.3	1.76	1.24
LT Debt/Equity	2.93	0.42	0.79	1.53	0.97
Long-Term Debt / Total Capital	2.81	0.42	0.78	1.5	0.95
Total Liabilities / Total Assets	12.4	4.72	7.83	9.77	8.81
Total Debt / EBITDA	-0.41	-0.12	-0.13	-0.24	-0.05
Net Debt / EBITDA	7.16	12.46	8.43	10.91	3.4
Total Debt / (EBITDA - Capex)	-0.39	-0.12	-0.13	-0.22	-0.05
Net Debt / (EBITDA - Capex)	6.74	12.21	8.08	10.02	3.36
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	111.84	37.49	20.6	61.71
Gross Profit, 1 Yr. Growth %	-	137.14	36.27	23.33	69.78
EBITDA, 1 Yr. Growth %	-	105.7	31.96	-22.97	330.91
EBITA, 1 Yr. Growth %	-	103.36	32.42	-21.96	320.37
EBIT, 1 Yr. Growth %	-	103.36	35.33	-18.59	299.95
Earnings From Cont. Operations, 1 Yr. Growth %	-	116.14	23.97	-42.72	433.2
Net Income, 1 Yr. Growth %	-	116.14	23.97	-42.72	433.2
Normalized Net Income, 1 Yr. Growth %	-	115.94	23.81	-44.9	457.56
Diluted EPS Before Extra, 1 Yr. Growth %	-	101.77	11.93	-44.54	116.76
Accounts Receivable, 1 Yr. Growth %	-	86.88	18.75	27.76	42.5
Net Property, Plant and Equip., 1 Yr. Growth %	-	-22.27	33.78	27.53	-7.84
Total Assets, 1 Yr. Growth %	-	213.87	-2.76	-0.2	46.36
Tangible Book Value, 1 Yr. Growth %	-	84.42	51.81	5.58	-539.4
Common Equity, 1 Yr. Growth %	-	88.65	32.53	8.93	-616.02
Cash From Operations, 1 Yr. Growth %	-	110.51	-27.78	-20.11	-395.64
Capital Expenditures, 1 Yr. Growth %	-	-24.62	171.12	56.01	-35.75
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-406.72	19.69	-812.39
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-410.77	19.69	-812.39
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	70.66	28.77	39.65
Gross Profit, 2 Yr. CAGR %	-	-	79.76	29.64	44.71
EBITDA, 2 Yr. CAGR %	-	-	64.56	0.82	82.19
EBITA, 2 Yr. CAGR %	-	-	63.91	1.66	78.96
EBIT, 2 Yr. CAGR %	-	-	65.89	4.97	80.45
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	63.69	-15.73	74.77
Net Income, 2 Yr. CAGR %	-	-	63.69	-15.73	74.77
Normalized Net Income, 2 Yr. CAGR %	-	-	63.51	-17.4	75.28
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	50.28	-21.21	9.64
Accounts Receivable, 2 Yr. CAGR %	-	-	48.97	23.17	34.93
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	1.97	30.62	8.42
Total Assets, 2 Yr. CAGR %	-	-	74.7	-1.49	20.86
Tangible Book Value, 2 Yr. CAGR %	-	-	67.32	26.6	115.39
Common Equity, 2 Yr. CAGR %	-	-	58.12	20.15	137.09
Cash From Operations, 2 Yr. CAGR %	-	-	23.3	-24.04	53.68
Capital Expenditures, 2 Yr. CAGR %	-	-	42.95	105.66	0.12
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	92.34	192.01
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	92.87	192.01
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	52.01	38.93
Gross Profit, 3 Yr. CAGR %	-	-	-	58.55	41.84
EBITDA, 3 Yr. CAGR %	-	-	-	27.77	63.62
EBITA, 3 Yr. CAGR %	-	-	-	27.99	63.17
EBIT, 3 Yr. CAGR %	-	-	-	30.85	63.95
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	15.35	55.86
Net Income, 3 Yr. CAGR %	-	-	-	15.35	55.86
Normalized Net Income, 3 Yr. CAGR %	-	-	-	13.79	56.1
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	7.79	10.4
Accounts Receivable, 3 Yr. CAGR %	-	-	-	41.53	29.3
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	9.87	16.28
Total Assets, 3 Yr. CAGR %	-	-	-	44.96	12.41
Tangible Book Value, 3 Yr. CAGR %	-	-	-	43.52	91.68
Common Equity, 3 Yr. CAGR %	-	-	-	39.65	95.31
Cash From Operations, 3 Yr. CAGR %	-	-	-	6.69	19.48
Capital Expenditures, 3 Yr. CAGR %	-	-	-	47.18	39.55
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	197.59
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	198.13