FMP
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.
110.86 USD
21.97 (19.82%)
RDDT Financial Statements
Year
2024
2023
2022
2021
Total Revenue
1.3B
804.03M
666.7M
484.92M
Cost of Revenue
123.59M
111.01M
104.8M
72.56M
Gross Profit
1.18B
693.02M
561.9M
412.35M
Operating Expenses
1.74B
833.18M
719.83M
539.91M
Research and Development
935.15M
438.35M
365.16M
257.27M
Selling, General & Administrative Expenses
802.03M
394.83M
368.9M
282.59M
Selling & Marketing Expenses
350.58M
230.18M
225.08M
137.87M
General & Administrative Expenses
451.45M
164.66M
143.82M
144.72M
Other Expenses
0
0
14.23M
-343k
Operating Income
-560.57M
-140.16M
-172.16M
-127.21M
Total Other Income/Expenses Net
75.36M
53.14M
14.23M
-343k
Income Before Tax
-485.21M
-87.02M
-157.93M
-127.56M
Income Tax
-931k
3.8M
622k
340k
Net Income
-484.28M
-90.82M
-158.55M
-127.9M
Basic EPS
-3.33
-1.54
-2.77
-2.47
EPS Diluted
-3.33
-1.54
-2.77
-2.47
Basic Average Shares
145.47M
59.14M
57.25M
51.69M
Diluted Average Shares
145.47M
59.14M
57.25M
51.69M
EBITDA
-560.57M
-126.46M
-164.16M
-124.4M
Retained Earning Schedule
Year
2024
2023
2022
2021
Retained Earnings (Previous Year)
-716.56M
-625.74M
-467.19M
-247.01M
Net Income
-484.28M
-90.82M
-158.55M
-127.9M
Stock Repurchases
0
-4.32M
0
-95.19M
Dividend Paid
0
0
0
0
Retained Earnings
-1.2B
-716.56M
-625.74M
-467.19M
Other Distributions
-484.28M
-95.14M
-158.55M
-315.36M
PPE Schedule
Year
2024
2023
2022
2021
Gross PPE
35.9M
38.95M
30.54M
22.83M
Annual Depreciation
0
13.7M
8M
2.81M
Capital Expenditure
-6.25M
-9.72M
-6.23M
-2.3M
Net PPE
42.15M
34.98M
28.78M
22.32M
Intangible and Goodwill Schedule
Year
2024
2023
2022
2021
Acquisitions and Adjustments
15.88M
0
19.83M
0
Goodwill (Previous Year)
26.3M
26.3M
6.47M
6.47M
Goodwill
42.17M
26.3M
26.3M
6.47M
All figures are in USD.
