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RDDT - Reddit, Inc.

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Reddit, Inc.

RDDT

NYSE

Reddit, Inc. operates a website that organizes digital communities. It organizes communities based on specific interests that enable users to engage in conversations by sharing experiences, submitting links, uploading images and videos, and replying to one another. The company was founded in 2005 and is headquartered in San Francisco, California. Reddit, Inc. operates as a subsidiary of Advance Publications, Inc.

102.01 USD

-8.85 (-8.68%)

RDDT Financial Statements

Quarter

2024 Q4

2024 Q3

2024 Q2

2024 Q1

Total Revenue

427.71M

348.35M

281.18M

242.96M

Cost of Revenue

28.1M

34.63M

29.5M

31.36M

Gross Profit

399.61M

313.72M

251.68M

211.6M

Operating Expenses

346.73M

306.86M

282.72M

800.86M

Research and Development

190.82M

166.7M

142.78M

434.85M

Selling, General & Administrative Expenses

155.91M

140.16M

139.94M

366.01M

Selling & Marketing Expenses

80.52M

74.51M

71.46M

124.09M

General & Administrative Expenses

73.83M

65.65M

68.49M

243.48M

Other Expenses

-35.28M

0

20.72M

14.55M

Operating Income

52.87M

6.85M

-31.04M

-589.25M

Total Other Income/Expenses Net

17.11M

22.97M

20.72M

14.55M

Income Before Tax

69.99M

29.82M

-10.31M

-574.7M

Income Tax

-1.05M

-31k

-216k

365k

Net Income

71.04M

29.85M

-10.1M

-575.07M

Basic EPS

0.4

0.18

-0.06

-8.19

EPS Diluted

0.36

0.16

-0.06

-8.19

Basic Average Shares

199.06M

192.32M

164.39M

70.24M

Diluted Average Shares

199.06M

192.32M

164.38M

70.24M

EBITDA

45.36M

6.85M

-27.27M

-585.51M

Retained Earning Schedule

Quarter

2024 Q4

2024 Q3

2024 Q2

2024 Q1

Retained Earnings (Previous Year)

-1.27B

-1.3B

-1.29B

-716.56M

Net Income

71.04M

29.85M

-10.1M

-575.07M

Stock Repurchases

0

0

-7.57M

0

Dividend Paid

0

0

0

0

Retained Earnings

-1.2B

-1.27B

-1.3B

-1.29B

Other Distributions

71.04M

29.85M

-17.67M

-575.07M

PPE Schedule

Quarter

2024 Q4

2024 Q3

2024 Q2

2024 Q1

Gross PPE

35.9M

37.65M

39.27M

37.14M

Annual Depreciation

-11.48M

3.97M

3.77M

3.74M

Capital Expenditure

-842k

-1.35M

-1.2M

-2.85M

Net PPE

48.23M

35.03M

36.71M

36.25M

Intangible and Goodwill Schedule

Quarter

2024 Q4

2024 Q3

2024 Q2

2024 Q1

Acquisitions and Adjustments

0

15.88M

0

0

Goodwill (Previous Year)

42.17M

26.3M

26.3M

26.3M

Goodwill

42.17M

42.17M

26.3M

26.3M

All figures are in USD.

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