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  "documentTitle": "Snap Inc | Results Presentation Deck | 26 slides",
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  "authorName": "Snap Inc.",
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  "presentationDate": "2024-02-01 00:00:00",
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      "text": "REVENUE WAS $4,606 MILLION IN 2023\nFREE CASH FLOW WAS $35 MILLION IN 2023",
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      "text": "Operating margin was (30)% in 2023, compared to (30)% in 2022. Adjusted gross margin was 55% in 2023, compared to 62% in 2022. Net loss was $1,322 million in 2023, compared to $1,430 million in 2022. Adjusted EBITDA was $162 million in 2023, compared to $378 million in 2022. Adjusted EBITDA margin was 4% in 2023, compared to 8% in 2022.",
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      "text": "Operating cash flow was $247 million in 2023, compared to $185 million in 2022. Free Cash Flow was $35 million in 2023, compared to $55 million in 2022. Cash, cash equivalents, and marketable securities were $3.5 billion as of December 31, 2023.",
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