REDDIT, INC. |
Market Closed -
Nyse
Other stock markets
|
5-day change | 1st Jan Change | ||
| 59.63 USD | -0.40% |
|
+4.61% | 0.00% |
| Sep. 11 | Transcript : Reddit, Inc. Presents at Goldman Sachs Communacopia + Technology Conference 2024, Sep-11-2024 10:50 AM | |
| Sep. 10 | Videogame retailer GameStop misses quarterly revenue estimates | RE |
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
Revenues | 229M | 485M | 667M | 804M |
Total Revenues | 229M | 485M | 667M | 804M |
Cost of Goods Sold, Total | 55.03M | 72.56M | 105M | 111M |
Gross Profit | 174M | 412M | 562M | 693M |
Selling General & Admin Expenses, Total | 119M | 283M | 369M | 395M |
R&D Expenses | 118M | 257M | 365M | 438M |
Other Operating Expenses, Total | 236M | 540M | 734M | 833M |
Operating Income | -62.56M | -127M | -172M | -140M |
Interest And Investment Income | - | 355K | - | - |
Net Interest Expenses | - | 355K | - | - |
Other Non Operating Income (Expenses) | 3.49M | -698K | 14.23M | 53.14M |
EBT, Excl. Unusual Items | -59.07M | -128M | -158M | -87.02M |
EBT, Incl. Unusual Items | -59.07M | -128M | -158M | -87.02M |
Income Tax Expense | 102K | 340K | 622K | 3.8M |
Earnings From Continuing Operations | -59.17M | -128M | -159M | -90.82M |
Net Income to Company | -59.17M | -128M | -159M | -90.82M |
Net Income - (IS) | -59.17M | -128M | -159M | -90.82M |
Net Income to Common Incl Extra Items | -59.17M | -128M | -159M | -90.82M |
Net Income to Common Excl. Extra Items | -59.17M | -128M | -159M | -90.82M |
Per Share Items | ||||
Net EPS - Basic | -1.23 | -2.47 | -2.77 | -1.54 |
Basic EPS - Continuing Operations | -1.23 | -2.47 | -2.77 | -1.54 |
Basic Weighted Average Shares Outstanding | 48.26M | 51.69M | 57.25M | 59.14M |
Net EPS - Diluted | -1.23 | -2.47 | -2.77 | -1.54 |
Diluted EPS - Continuing Operations | -1.23 | -2.47 | -2.77 | -1.54 |
Diluted Weighted Average Shares Outstanding | 48.26M | 51.69M | 57.25M | 59.14M |
Normalized Basic EPS | -0.77 | -1.54 | -1.72 | -0.92 |
Normalized Diluted EPS | -0.77 | -1.54 | -1.72 | -0.92 |
Supplemental Items | ||||
EBITDA | -60.62M | -125M | -164M | -126M |
EBITA | -62.56M | -127M | -168M | -131M |
EBIT | -62.56M | -127M | -172M | -140M |
EBITDAR | -48.51M | -112M | -148M | -109M |
Effective Tax Rate - (Ratio) | -0.17 | -0.27 | -0.39 | -4.37 |
Current Domestic Taxes | 77K | 61K | 1.47M | 2.42M |
Current Foreign Taxes | 25K | 279K | 1.23M | 1.47M |
Total Current Taxes | 102K | 340K | 2.7M | 3.89M |
Deferred Domestic Taxes | - | - | -1.77M | - |
Deferred Foreign Taxes | - | - | -311K | -90K |
Total Deferred Taxes | - | - | -2.08M | -90K |
Normalized Net Income | -36.92M | -79.72M | -98.7M | -54.39M |
Supplemental Operating Expense Items | ||||
Advertising Expense | - | 12.3M | - | - |
Selling and Marketing Expenses | 75.4M | 138M | 225M | 230M |
General and Administrative Expenses | 43.52M | 145M | 144M | 165M |
Research And Development Expense From Footnotes | 118M | 257M | 365M | 438M |
Net Rental Expense, Total | 12.12M | 12.35M | 16.15M | 17.67M |
Stock-Based Comp., COGS (Total) | 553K | 61K | 133K | 101K |
Stock-Based Comp., R&D Exp. (Total) | 11.11M | 65.62M | 35.64M | 23.82M |
Stock-Based Comp., S&M Exp. (Total) | 4.68M | 14.49M | 7.58M | 5.56M |
Stock-Based Comp., G&A Exp. (Total) | 4.9M | 69.7M | 11.96M | 18.12M |
Total Stock-Based Compensation | 21.25M | 150M | 55.31M | 47.6M |
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
Assets | ||||
Cash And Equivalents | 112M | 1.34B | 436M | 401M |
Short Term Investments | 251M | 75.33M | 831M | 812M |
Total Cash And Short Term Investments | 363M | 1.41B | 1.27B | 1.21B |
Accounts Receivable, Total | 86.52M | 162M | 192M | 245M |
Other Receivables | 5.93M | 772K | 7.09M | 7.77M |
Total Receivables | 92.44M | 162M | 199M | 253M |
Prepaid Expenses | 18.35M | 24.66M | 17.05M | 11.93M |
Other Current Assets, Total | 271K | 635K | 1.25M | 1.59M |
Total Current Assets | 474M | 1.6B | 1.48B | 1.48B |
Gross Property Plant And Equipment | 32.21M | 27.91M | 36.92M | 45.74M |
Accumulated Depreciation | -2.84M | -5.08M | -6.38M | -6.79M |
Net Property Plant And Equipment | 29.37M | 22.83M | 30.54M | 38.95M |
Long-term Investments | 4.6M | - | - | - |
Goodwill | 6.47M | 6.47M | 26.3M | 26.3M |
Other Intangibles, Total | 760K | 456K | 39.35M | 30.32M |
Deferred Charges Long-Term | - | 7.89M | 15.65M | 17.43M |
Other Long-Term Assets, Total | 9.23M | 6.59M | 3.94M | 3.77M |
Total Assets | 524M | 1.65B | 1.6B | 1.6B |
Liabilities | ||||
Accounts Payable, Total | 9.35M | 22.89M | 32.94M | 46.51M |
Accrued Expenses, Total | 16.16M | 29.17M | 52.43M | 64.7M |
Current Portion of Leases | 6.46M | 6.85M | 7.8M | 3.71M |
Unearned Revenue Current, Total | 2.26M | 7.53M | 8.02M | 7.25M |
Other Current Liabilities | 15.52M | 4.01M | 5.26M | 11.4M |
Total Current Liabilities | 49.75M | 70.46M | 106M | 134M |
Long-Term Leases | 13.46M | 6.61M | 11.69M | 22.04M |
Other Non Current Liabilities | 1.8M | 568K | 7.14M | 287K |
Total Liabilities | 65.01M | 77.63M | 125M | 156M |
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 |
Additional Paid In Capital | 106M | 181M | 250M | 303M |
Retained Earnings | -247M | -467M | -626M | -717M |
Treasury Stock | -10.3M | - | - | - |
Comprehensive Income and Other | 196K | -238K | -3.79M | 814K |
Total Common Equity | -152M | -286M | -379M | -413M |
Total Equity | 459M | 1.57B | 1.47B | 1.44B |
Total Liabilities And Equity | 524M | 1.65B | 1.6B | 1.6B |
Supplemental Items | ||||
ECS Total Shares Outstanding on Filing Date | 49.05M | 56.38M | 57.79M | 61M |
ECS Total Common Shares Outstanding | 49.05M | 56.38M | 57.79M | 61M |
Book Value / Share | -3.09 | -5.07 | -6.56 | -6.77 |
Tangible Book Value | -159M | -293M | -445M | -470M |
Tangible Book Value Per Share | -3.24 | -5.2 | -7.7 | -7.7 |
Total Debt | 19.92M | 13.46M | 19.49M | 25.75M |
Net Debt | -347M | -1.4B | -1.25B | -1.19B |
Debt Equivalent Oper. Leases | 96.94M | 98.79M | 129M | 141M |
Account Code - Inventory Valuation | 3 | - | 3 | 3 |
Machinery, Total | 4.29M | 7.28M | 9.58M | 14.14M |
Full Time Employees | 791 | 1.56K | - | - |
Accumulated Allowance for Doubtful Accounts (Supple) | 200K | 100K | 100K | - |
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
Net Income | -59.17M | -128M | -159M | -90.82M |
Depreciation & Amortization - CF | 1.93M | 2.51M | 3.9M | 4.7M |
Amortization of Goodwill and Intangible Assets - (CF) | - | - | 4.1M | 9M |
Depreciation & Amortization, Total | 1.93M | 2.51M | 8M | 13.7M |
Amortization of Deferred Charges, Total - (CF) | - | 380K | 343K | - |
(Gain) Loss on Sale of Investments - (CF) | 601K | 1.54M | -3.26M | -27.44M |
Stock-Based Compensation (CF) | 21.25M | 48.73M | 55.31M | 47.6M |
Provision and Write-off of Bad Debts | 33K | -169K | 24K | - |
Other Operating Activities, Total | 9.08M | 8.45M | 14.2M | 11.84M |
Change In Accounts Receivable | -43.28M | -74.99M | -30.23M | -53.32M |
Change In Accounts Payable | 2.69M | 11.73M | 10.9M | 12.47M |
Change in Other Net Operating Assets | 5.03M | -481K | 9.24M | 10.86M |
Cash from Operations | -61.84M | -130M | -94.02M | -75.11M |
Capital Expenditure | -3.05M | -2.3M | -6.23M | -9.72M |
Cash Acquisitions | - | - | -42.2M | - |
Investment in Marketable and Equity Securities, Total | 84.23M | 178M | -756M | 50.84M |
Other Investing Activities, Total | - | -5M | -64K | 172K |
Cash from Investing | 81.18M | 171M | -804M | 41.29M |
Issuance of Common Stock | 8.33M | 38.98M | 7.03M | 8.43M |
Repurchase of Common Stock | - | -95.19M | - | -4.32M |
Issuance of Preferred Stock | - | 1.24B | - | - |
Other Financing Activities, Total | - | -4.35M | -10.82M | -4.92M |
Cash from Financing | 8.33M | 1.18B | -3.78M | -811K |
Net Change in Cash | 27.67M | 1.22B | -902M | -34.63M |
Supplemental Items | ||||
Cash Income Tax Paid (Refund) | 5K | 164K | 745K | - |
Levered Free Cash Flow | - | 14.6M | -44.77M | -54M |
Unlevered Free Cash Flow | - | 14.52M | -45.11M | -54M |
Change In Net Working Capital | - | 56.36M | -5.41M | 17.97M |
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
Profitability | ||||
Return on Assets | - | -7.33 | -6.63 | -5.48 |
Return on Total Capital | - | -7.72 | -7 | -5.92 |
Return On Equity % | - | -12.62 | -10.42 | -6.23 |
Return on Common Equity | - | 58.45 | 47.68 | 22.94 |
Margin Analysis | ||||
Gross Profit Margin % | 75.96 | 85.04 | 84.28 | 86.19 |
SG&A Margin | 51.95 | 58.28 | 55.33 | 49.11 |
EBITDA Margin % | -26.48 | -25.72 | -24.62 | -15.73 |
EBITA Margin % | -27.33 | -26.23 | -25.21 | -16.31 |
EBIT Margin % | -27.33 | -26.23 | -25.82 | -17.43 |
Income From Continuing Operations Margin % | -25.85 | -26.37 | -23.78 | -11.3 |
Net Income Margin % | -25.85 | -26.37 | -23.78 | -11.3 |
Net Avail. For Common Margin % | -25.85 | -26.37 | -23.78 | -11.3 |
Normalized Net Income Margin | -16.13 | -16.44 | -14.8 | -6.76 |
Levered Free Cash Flow Margin | - | 3.01 | -6.72 | -6.72 |
Unlevered Free Cash Flow Margin | - | 2.99 | -6.77 | -6.72 |
Asset Turnover | ||||
Asset Turnover | - | 0.45 | 0.41 | 0.5 |
Fixed Assets Turnover | - | 18.58 | 24.98 | 23.14 |
Receivables Turnover (Average Receivables) | - | 3.91 | 3.77 | 3.68 |
Short Term Liquidity | ||||
Current Ratio | 9.52 | 22.72 | 13.94 | 11.08 |
Quick Ratio | 9.15 | 22.36 | 13.77 | 10.98 |
Operating Cash Flow to Current Liabilities | -1.24 | -1.85 | -0.88 | -0.56 |
Days Sales Outstanding (Average Receivables) | - | 93.41 | 96.81 | 99.25 |
Average Days Payable Outstanding | - | 81.08 | 97.23 | 130.63 |
Long Term Solvency | ||||
Total Debt/Equity | 4.34 | 0.86 | 1.32 | 1.79 |
Total Debt / Total Capital | 4.16 | 0.85 | 1.3 | 1.76 |
LT Debt/Equity | 2.93 | 0.42 | 0.79 | 1.53 |
Long-Term Debt / Total Capital | 2.81 | 0.42 | 0.78 | 1.5 |
Total Liabilities / Total Assets | 12.4 | 4.72 | 7.83 | 9.77 |
Total Debt / EBITDA | -0.41 | -0.12 | -0.13 | -0.24 |
Net Debt / EBITDA | 7.16 | 12.46 | 8.43 | 10.91 |
Total Debt / (EBITDA - Capex) | -0.39 | -0.12 | -0.13 | -0.22 |
Net Debt / (EBITDA - Capex) | 6.74 | 12.21 | 8.08 | 10.02 |
Growth Over Prior Year | ||||
Total Revenues, 1 Yr. Growth % | - | 111.84 | 37.49 | 20.6 |
Gross Profit, 1 Yr. Growth % | - | 137.14 | 36.27 | 23.33 |
EBITDA, 1 Yr. Growth % | - | 105.7 | 31.96 | -22.97 |
EBITA, 1 Yr. Growth % | - | 103.36 | 32.42 | -21.96 |
EBIT, 1 Yr. Growth % | - | 103.36 | 35.33 | -18.59 |
Earnings From Cont. Operations, 1 Yr. Growth % | - | 116.14 | 23.97 | -42.72 |
Net Income, 1 Yr. Growth % | - | 116.14 | 23.97 | -42.72 |
Normalized Net Income, 1 Yr. Growth % | - | 115.94 | 23.81 | -44.9 |
Diluted EPS Before Extra, 1 Yr. Growth % | - | 101.77 | 11.93 | -44.54 |
Accounts Receivable, 1 Yr. Growth % | - | 86.88 | 18.75 | 27.76 |
Net Property, Plant and Equip., 1 Yr. Growth % | - | -22.27 | 33.78 | 27.53 |
Total Assets, 1 Yr. Growth % | - | 213.87 | -2.76 | -0.2 |
Tangible Book Value, 1 Yr. Growth % | - | 84.42 | 51.81 | 5.58 |
Common Equity, 1 Yr. Growth % | - | 88.65 | 32.53 | 8.93 |
Cash From Operations, 1 Yr. Growth % | - | 110.51 | -27.78 | -20.11 |
Capital Expenditures, 1 Yr. Growth % | - | -24.62 | 171.12 | 56.01 |
Levered Free Cash Flow, 1 Yr. Growth % | - | - | -406.72 | 19.69 |
Unlevered Free Cash Flow, 1 Yr. Growth % | - | - | -410.77 | 19.69 |
Compound Annual Growth Rate Over Two Years | ||||
Total Revenues, 2 Yr. CAGR % | - | - | 70.66 | 28.77 |
Gross Profit, 2 Yr. CAGR % | - | - | 79.76 | 29.64 |
EBITDA, 2 Yr. CAGR % | - | - | 64.56 | 0.82 |
EBITA, 2 Yr. CAGR % | - | - | 63.91 | 1.66 |
EBIT, 2 Yr. CAGR % | - | - | 65.89 | 4.97 |
Earnings From Cont. Operations, 2 Yr. CAGR % | - | - | 63.69 | -15.73 |
Net Income, 2 Yr. CAGR % | - | - | 63.69 | -15.73 |
Normalized Net Income, 2 Yr. CAGR % | - | - | 63.51 | -17.4 |
Diluted EPS Before Extra, 2 Yr. CAGR % | - | - | 50.28 | -21.21 |
Accounts Receivable, 2 Yr. CAGR % | - | - | 48.97 | 23.17 |
Net Property, Plant and Equip., 2 Yr. CAGR % | - | - | 1.97 | 30.62 |
Total Assets, 2 Yr. CAGR % | - | - | 74.7 | -1.49 |
Tangible Book Value, 2 Yr. CAGR % | - | - | 67.32 | 26.6 |
Common Equity, 2 Yr. CAGR % | - | - | 58.12 | 20.15 |
Cash From Operations, 2 Yr. CAGR % | - | - | 23.3 | -24.04 |
Capital Expenditures, 2 Yr. CAGR % | - | - | 42.95 | 105.66 |
Levered Free Cash Flow, 2 Yr. CAGR % | - | - | - | 92.34 |
Unlevered Free Cash Flow, 2 Yr. CAGR % | - | - | - | 92.87 |
Compound Annual Growth Rate Over Three Years | ||||
Total Revenues, 3 Yr. CAGR % | - | - | - | 52.01 |
Gross Profit, 3 Yr. CAGR % | - | - | - | 58.55 |
EBITDA, 3 Yr. CAGR % | - | - | - | 27.77 |
EBITA, 3 Yr. CAGR % | - | - | - | 27.99 |
EBIT, 3 Yr. CAGR % | - | - | - | 30.85 |
Earnings From Cont. Operations, 3 Yr. CAGR % | - | - | - | 15.35 |
Net Income, 3 Yr. CAGR % | - | - | - | 15.35 |
Normalized Net Income, 3 Yr. CAGR % | - | - | - | 13.79 |
Diluted EPS Before Extra, 3 Yr. CAGR % | - | - | - | 7.79 |
Accounts Receivable, 3 Yr. CAGR % | - | - | - | 41.53 |
Net Property, Plant and Equip., 3 Yr. CAGR % | - | - | - | 9.87 |
Total Assets, 3 Yr. CAGR % | - | - | - | 44.96 |
Tangible Book Value, 3 Yr. CAGR % | - | - | - | 43.52 |
Common Equity, 3 Yr. CAGR % | - | - | - | 39.65 |
Cash From Operations, 3 Yr. CAGR % | - | - | - | 6.69 |
Capital Expenditures, 3 Yr. CAGR % | - | - | - | 47.18 |