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Pulling out interesting numbers: Revenue: $666.7M in 2022, $804M in 2023 Gross margin: 84% in 2022, 86% in 2023 Net loss: $(158.6)M in 2022, $(90.8)M in 2023
by simantel 3y ago
Pulling out interesting numbers:
Revenue: $666.7M in 2022, $804M in 2023
Gross margin: 84% in 2022, 86% in 2023
Net loss: $(158.6)M in 2022, $(90.8)M in 2023
DAUq: 57.5M in Q4 2022, 73.1M in Q4 2023
- simantel 3y agoIt looks like DAUq was flat or declining until Q3'21, then started ticking up, but really popped off in Q3 and Q4 of 2023 after they killed third-party clients.
- tempsy 3y agoDAUs seem less useful for an anonymous service like reddit. I have like 3 throwaway accounts and it takes 5 seconds to create a new one.
- simantel 3y agoYeah, they say as much in the risk factors when discussing potential issues with their metrics: "Moreover, a single person or organization may hold multiple accounts and may use more than one account to perform multiple views within a relevant period."