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SNAL Financial Statements and Analysis

NASDAQ : SNAL

Snail, Inc. Class A Common Stock

$1.85
-0.06-3.14%
At Close 4:00 PM
66.74
BESG ScoreESG Rating

SNAL FINANCIAL STATEMENTS

An instrumental part of fundamental analysis is measuring key indicators of an asset, which are the factors that can influence its value and price. However, sometimes investors show more interest in financial statements with other factors to determine whether investing in that company is the right decision. Financial statements of a company include:

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

SNAL Income Statement

A company's income statement helps investors and business owners determine whether the company is profitable or losing money. Profitability is a key factor investors consider before investing in a stock. Income statements provide them with information about a company's profitability over time. The statement also enables them to observe trends in company spending and earnings since it breaks down individual costs and revenues. Income statements also provide details on where a company's money is going when it isn't profitable or its profits fluctuate.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
revenue22.53B21.607M14.116M28.57M8.981M
cost of revenue13.824B13.504M12.124M18.733M9.463M
gross profit8.706B8.102M1.992M9.837M-481.951K
gross profit ratio0.3860.3750.1410.344-0.054
research and development expenses3.886B1.861M1.777M1.165M1.317M
general and administrative expenses3.845B2.796M2.282M03.452M
selling and marketing expenses495.938M694.195K141.03K0215.477K
selling general and administrative expenses4.341B3.49M2.423M4.995M3.668M
other expenses72.402M0-1.394M0112.914K
operating expenses8.30B5.351M-1.394M6.16M5.098M
cost and expenses22.124B18.936M-1.394M24.893M14.561M
interest income61.179K65.288K100.261K31.947K47.147K
interest expense95.997K142.301K395.964K570.523K-370.376K
depreciation and amortization72.604K80.755K82.538K216.858K112.914K
ebitda559.70K3.067M-1.78M3.894M-5.848M
ebitda ratio0.000.142-0.0990.136-0.651
operating income406.861M2.671M-1.394M3.677M-5.58M
operating income ratio0.0180.124-0.0990.129-0.621
total other income expenses net-15.762M173.166K-50.509K-636.933K-10.963K
income before tax391.099M2.844M-1.394M3.04M-5.591M
income before tax ratio0.0170.132-0.0990.106-0.623
income tax expense157.938M589.512K-477.95K643.728K-1.157M
net income235.147K2.256M-1.394M2.397M-4.434M
net income ratio0.000.104-0.0990.084-0.494
eps0.0060.061-0.0180.065-0.12
eps diluted0.0060.28-0.0490.065-0.12
weighted average shs out36.773M36.762M79.57M36.663M36.65M
weighted average shs out dil36.773M8.196M28.749M36.663M36.65M
Graph

SNAL Balance Sheet

Balance sheet summarizes a company's financials and can be used as a basis by investors to determine the value of a company. It shows the value of the stock, as well as the assets and liabilities of the company. A company's balance sheet displays how its assets are put to use and how those assets are financed, based on the liabilities section. Both investors and analysts analyze a company's balance sheet to determine how it allocates its resources.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
cash and cash equivalents10.566M15.494M17.186M15.198M4.949M
short term investments11.675B0000
cash and short term investments11.686B15.494M17.186M15.198M4.949M
net receivables9.91B11.818M11.879M25.239M17.286M
inventory000013.405M
other current assets14.918B14.271M14.402M16.108M115.496K
total current assets36.514B41.584M42.349M56.545M35.755M
property plant equipment net6.047B6.35M6.738M7.123M7.507M
goodwill270.844M0000
intangible assets271.115K271.316K271.517K0402.353K
goodwill and intangible assets271.115M271.316K271.517K271.717K402.353K
long term investments05.619M7.118M8.617M5.583M
tax assets10.26B10.187M10.803M10.248M10.903M
other non current assets13.686B11.376M11.012M8.054M1.287M
total non current assets30.265B33.804M35.943M34.312M25.681M
other assets00000
total assets66.779B75.388M78.292M90.858M61.436M
account payables19.637M21.764M26.852M35.197M29.626M
short term debt7.373M7.347M2.244B13.448M15.176M
tax payables00000
deferred revenue13.35M21.451M21.937M19.253M5.848M
other current liabilities3.262M2.695M-4.469B3.415M2.833M
total current liabilities43.622M53.256M59.777M71.313M53.484M
long term debt266.397K615.887K1.023M01.815M
deferred revenue non current19.941M18.866M17.103M15.064M5.68M
deferred tax liabilities non current00-254.476M0-310.965M
other non current liabilities20.442B254.731K254.731K1.68M311.276M
total non current liabilities20.462B19.737M18.381M16.744M7.807M
other liabilities43.579B0000
capital lease obligations1.896M2.191M2.563M1.425M3.286M
total liabilities64.084B72.993M78.158M88.057M61.291M
preferred stock00000
common stock6.687M3.811K6.685K3.802K3.80K
retained earnings-13.237M-13.473M-15.729M-13.949M-16.347M
accumulated other comprehensive income loss-230.857K-282.973K-273.68K-254.383K-287.685K
other total stockholders equity14.98M21.648M21.633M22.50M22.274M
total stockholders equity8.198M7.896M5.634M8.30M5.643M
total equity-5.496B2.394M133.989K2.801M145.05K
total liabilities and stockholders equity66.779B75.388M78.292M90.858M61.436M
minority interest-5.504B-5.502M-5.50M-5.499M-5.498M
total investments11.675B5.619M7.118M8.617M5.583M
total debt7.64M7.963M3.266M14.873M16.991M
net debt-2.927M-14.421M-13.92M-324.978K12.043M
Graph

SNAL Cash Flow

A cash flow statement is regarded as a valuable indicator of profitability and the long-term outlook for a company. It assists the company in evaluating whether it has sufficient funds to cover its expenses. Essentially, a cash flow statement represents an organization's financial health. The cash flow statement, which measures the business's ability to operate in the short as well as long term, is broken down into operating, investing, and financing activities.

Date2024-06-302024-03-312023-12-312023-09-302023-06-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202320232023
periodQ2Q1Q4Q3Q2
deferred income tax616.014K-555.781K413.774K-1.171M-1.888M
stock based compensation14.982K-926.875K-12.399M236.642K232.77K
change in working capital-2.811M9.728M7.103M3.028M3.094M
accounts receivables557.27K16.674M-17.536M1.014M1.589M
inventory000-1.126M1.503M
accounts payables-5.089M-8.082M5.571M1.607M617.291K
other working capital1.721M1.136M19.069M1.533M-614.469K
other non cash items4.757M-9.125M13.529M109.384K300.00
net cash provided by operating activities206.561K6.777M11.261M-1.922M-2.164M
investments in property plant and equipment-1.000000
acquisitions net00000
purchases of investments00000
sales maturities of investments00000
other investing activites00000
net cash used for investing activites000-1.99M0
debt repayment-770.849K-5.623M-2.045M-846.406K-4.27M
common stock issued00000
common stock repurchased00000
dividends paid00000
other financing activites0-262.914K1.004M4.759M0
net cash used provided by financing activities-770.849K-5.886M-1.042M3.913M-4.27M
effect of forex changes on cash-9.158K-19.186K0-705.0019.021K
net change in cash-574.573K870.606K9.212M1.99M-6.415M
cash at end of period15.494M16.069M15.198M6.064M4.074M
cash at beginning of period16.069M15.198M5.987M4.074M10.489M
operating cashflow206.561K6.777M11.261M-1.922M-2.164M
capital expenditure-1.000000
free cash flow206.56K6.777M11.261M-1.922M-2.164M
Graph

Frequently Asked Questions

How did Snail, Inc. Class A Common Stock do last quarter? What was its Total Revenue and Cost of Revenue?

A company's Total Revenue reveals how much money it generates before any expenses or deductions are made. As a result, this metric informs investors/stakeholders how much money the business makes. Tracking and understanding it is essential for evaluating a company's growth. As opposed to revenue, Cost of Revenue is any expenses a business incur to generate revenue. There can be high revenue in a business, but if the costs are high, it won't make a profit and will go out of business when money runs out. Therefore, SNAL generated $22.53B in revenue last quarter, while its costs came in at $13.82B.

Last quarter, how much Gross Profit did Snail, Inc. Class A Common Stock report?

A business's Gross Profit is a key indicator of its profitability and financial performance. In other words, it reflects how efficiently a business uses labor, raw materials, and other resources. Snail, Inc. Class A Common Stock reported a $8.71B Gross Profit for the quarter ended Jun 30, 2024.

Have SNAL's Total Operating Expenses and Operating Income been favorable recently?

Operational Expenses represent the costs a company must incur to generate revenue, which is the ultimate goal of a business, whereas Operating Income shows the revenue left after operational direct and indirect costs have been deducted. SNAL incurred $8.30B worth of Operating Expenses, while it generated $406.86M worth of Operating Income.

How much Net Income has SNAL posted recently?

The Net Income of a company is one of the factors investors consider when investing in the company. According to recent earnings report from Snail, Inc. Class A Common Stock, the company generated $235.15K in Net Income. When a company has a history of consistent net income, investors are more likely to invest in it since they know they will get a return.

At the end of the last quarter, how much Cash and Equivalents did Snail, Inc. Class A Common Stock have?

The amount of Cash and Cash Equivalents is an effective indicator of the financial strength and well-being of a company. An excess cash situation occurs when a company has more cash and cash equivalents than it needs for operating activities. The amount of Cash and Cash Equivalents available to Snail, Inc. Class A Common Stock as of the end of the last quarter was $10.57M.

What are SNAL's Total Net Receivables for the last quarter?

Total Net Receivables are a company's outstanding debts to its customers. Therefore, it refers to the amount that a company expects to collect from its customers. The higher a company's net receivables are, the more confident it is that it can collect money from its debtors. As of the end of the last quarter, SNAL had Total Net Receivables of $9.91B.

In terms of Total Assets and Current Assets, where did Snail, Inc. Class A Common Stock stand at?

An asset with an economic value within a year is considered a current asset. Total assets, however, also include long-term fixed assets, intangible assets, and other non-current assets. The current Assets of SNAL were $36.51B, while the Total Assets stand at $66.78B.

As of the last quarter, how much Total Debt did Snail, Inc. Class A Common Stock have?

The total debt of a business refers to how much it borrows. A company's current and long-term liabilities are added together to calculate its Total Debt. A debt ratio may be taken into account on a balance sheet by financial lenders, investors, and business leaders when making informed decisions about future loans or investments. The total amount of SNAL's debt was $7.64M at the end of the last quarter.

What were SNAL's Total Liabilities during the last reported quarter?

A company's total liabilities are the sum of all debts it is liable for, including any off-balance shee liabilities it may incur. This can be calculated by adding up all short-term and long-term liabilities. In its last quarter, SNAL reported total liabilities of $64.08B.

How much did SNAL's Working Capital change over the last quarter?

Working Capital Change for SNAL was -$2.81M over the last quarter. Working Capital Change refers to the difference between net working capital amounts at the end of one accounting period and the end of another. It tells investors/stakeholders how much the company's cash flow will differ from its Net Income (i.e., after-tax profits). More powerful companies often have positive Change in Working Capital numbers as they have increased control over collecting cash from customers and delaying payments to suppliers.

SNAL generated how much cash from operating activities?

An operating cash flow statement usually contains cash from operating activities in the first section. An organization's cash from operating activities refers to the money it takes in and takes out as a result of its regular business operations. SNAL generated $206.56K of Cash from Operating Activities during its recently reported quarter.

What was SNAL's latest reported Net Change in Cash?

An increase or decrease in cash and cash equivalent balances within a specified period is considered the net change in cash in a cash flow statement. Furthermore, it takes into account cash changes as a result of investments, financing, and operating activities. SNAL reported a -$574.57K Net Change in Cash in the most recent quarter.

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