Snap Inc Results Presentation Deck slide image

Snap Inc Results Presentation Deck

Adjusted EBITDA¹ (in millions, unaudited) QUARTERLY ADJUSTED EBITDA Q3'17 (86)% ($179) Q4'17 (56)% ($159) Q1'18 (94)% ($218) Q2'18 (64)% ($169) Q3'18 (46)% ($138) Q4'18 (13)% ($50) FULL YEAR ADJUSTED EBITDA FY 2017 (87)% ($720) Adjusted EBITDA Margin 'We define Adjusted EBITDA as net income (loss), excluding interest income; interest expense; other income (expense), net; income tax benefit (expense); depreciation and amortization; stock-based compensation expense and related payroll tax expense; and certain other non-cash or non-recurring items impacting net income (loss) from time to time. See Appendix for reconciliation of net loss to Adjusted EBITDA. FY 2018 (49)% ($576) ADJUSTED EBITDA IMPROVED $109 MILLION YOY, AND ADJUSTED EBITDA MARGIN IMPROVED 43 PPTS YOY 14
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