NASDAQ : SNAL
Snail, Inc. — Financial statements
Communication Services · Electronic Gaming & Multimedia · United States
Last price 2.37 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 21.23M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Snail, Inc. (SNAL) reported revenue of 85.90M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 85.90M | 81.23M | 84.47M | 60.90M | 74.44M | 106.73M |
| Cost of Revenue | 56.93M | 58.79M | 54.24M | 48.31M | 53.12M | 63.69M |
| Gross Profit | 28.97M | 22.43M | 30.23M | 12.60M | 21.32M | 43.05M |
| Selling, General & Admin | 23.37M | 23.33M | 14.39M | 17.40M | 19.43M | 16.67M |
| Research & Development | 16.15M | 14.58M | 11.65M | 5.06M | 2.96M | 834.82K |
| Operating Expenses | 39.66M | 38.16M | 26.34M | 22.89M | 22.95M | 18.31M |
| Operating Income | -10.68M | -15.73M | 3.89M | -10.29M | -1.63M | 24.74M |
| Interest Expense | -768.14K | -660.09K | -723.04K | -1.53M | -925.51K | -423.79K |
| Interest & Investment Income | 1.39M | 1.35M | 262.68K | 131.85K | 783.54K | 1.68M |
| Earnings From Equity Investments | -314.51K | |||||
| Currency Exchange Gain (Loss) | -14.06K | -90.50K | 11.69K | -68.18K | -1.95K | -41.58K |
| Other Non Operating Income (Expenses) | -6.77K | 115.05K | -981.22K | 265.98K | 302.09K | 493.69K |
| EBT Excluding Unusual Items | -10.08M | -15.01M | 2.46M | -11.49M | -1.47M | 26.14M |
| Gain (Loss) on Sale of Assets | -427.00 | 17.07K | -117.32K | |||
| Asset Writedown | -1.29M | -1.54M | -16.32M | |||
| Pretax Income | -11.37M | -16.55M | 2.46M | -11.50M | -1.45M | 9.69M |
| Income Tax Expense | -1.74M | 10.69M | 632.12K | -2.40M | -2.45M | 1.78M |
| Earnings From Continuing Operations | -9.63M | -27.24M | 1.83M | -9.09M | 994.18K | 7.91M |
| Minority Interest in Earnings | 2.04K | 2.61K | 4.87K | 8.35K | -46.37K | 558.87K |
| Net Income | -9.63M | -27.24M | 1.83M | -9.09M | 947.81K | 8.47M |
| Net Income to Common | -9.63M | -27.24M | 1.83M | -9.09M | 947.81K | 8.47M |
| Shares Outstanding (Basic) | 7.79M | 7.49M | 7.36M | 7.33M | 7.58M | 7.00M |
| Shares Outstanding (Diluted) | 7.79M | 7.49M | 7.36M | 7.33M | 7.58M | 7.00M |
| EPS (Basic) | -1.24 | -3.64 | 0.25 | -1.24 | 0.13 | 1.21 |
| EPS (Diluted) | -1.28 | -3.69 | 0.25 | -1.25 | 0.13 | 1.20 |
| Free Cash Flow | 8.11M | -1.17M | -1.57M | 465.87K | -3.36M | 15.85M |
| Free Cash Flow Per Share | 1.04 | -0.16 | -0.21 | 0.06 | -0.44 | 2.26 |
| Gross Margin | 33.73% | 27.62% | 35.79% | 20.68% | 28.64% | 40.33% |
| Operating Margin | -12.44% | -19.36% | 4.60% | -16.90% | -2.19% | 23.18% |
| Profit Margin | -11.21% | -33.53% | 2.17% | -14.92% | 1.27% | 7.93% |
| Free Cash Flow Margin | 9.44% | -1.44% | -1.85% | 0.77% | -4.52% | 14.85% |
| EBITDA | -9.40M | -15.08M | 4.20M | -8.48M | 6.60M | 40.80M |
| EBITDA Margin | -10.95% | -18.57% | 4.97% | -13.92% | 8.86% | 38.23% |
| D&A For EBITDA | 1.28M | 642.44K | 311.52K | 1.82M | 8.22M | 16.06M |
| EBIT | -10.68M | -15.73M | 3.89M | -10.29M | -1.63M | 24.74M |
| EBIT Margin | -12.44% | -19.36% | 4.60% | -16.90% | -2.19% | 23.18% |
| Effective Tax Rate | 25.70% | 18.41% | ||||
| Advertising Expenses | 5.24M | 1.52M | 1.58M | 714.49K | 275.37K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 13.29M | 8.57M | 7.30M | 15.20M | 12.86M | 10.16M |
| Cash & Short-Term Investments | 13.29M | 8.57M | 7.30M | 15.20M | 12.86M | 10.16M |
| Accounts Receivable | 9.35M | 12.53M | 12.15M | 25.13M | 18.10M | 20.68M |
| Other Receivables | 215.61K | 979.14K | 549.10K | |||
| Receivables | 9.67M | 13.62M | 12.81M | 25.24M | 18.20M | 20.88M |
| Prepaid Expenses | 7.75M | 8.27M | 10.39M | 15.65M | 80.27K | 4.01M |
| Restricted Cash | 562.00K | 187.00K | 1.00M | |||
| Other Current Assets | 499.32K | 416.47K | 746.65K | 568.73K | 10.48M | 10.16M |
| Total Current Assets | 31.77M | 31.06M | 31.25M | 56.65M | 42.64M | 45.21M |
| Property, Plant & Equipment | 8.81M | 8.87M | 5.66M | 7.12M | 8.72M | 10.78M |
| Other Intangible Assets | 8.32M | 8.74M | 973.91K | 271.72K | 1.66M | 9.32M |
| Long-Term Deferred Tax Assets | 10.82M | 10.25M | 7.60M | 8.19M | ||
| Other Long-Term Assets | 8.24M | 10.64M | 13.50M | 16.57M | 12.16M | 6.59M |
| Total Assets | 57.13M | 59.31M | 62.19M | 90.86M | 72.77M | 80.09M |
| Accounts Payable | 3.93M | 5.51M | 4.66M | 12.10M | 9.45M | 3.87M |
| Accrued Expenses | 4.47M | 3.89M | 5.03M | 3.41M | 2.00M | 2.17M |
| Short-Term Debt | 568.50K | 3.84M | 3.00M | 9.13M | 14.42M | 9.40M |
| Current Portion of Long-Term Debt | 1.35M | 1.31M | 2.72M | 2.81M | 86.52K | 293.68K |
| Current Portion of Leases | 472.35K | 393.45K | 1.44M | 1.51M | 1.37M | 1.69M |
| Current Unearned Revenue | 28.54M | 14.80M | 3.95M | 19.25M | 4.34M | 11.01M |
| Other Current Liabilities | 18.43M | 20.07M | 15.38M | 23.09M | 19.92M | 25.06M |
| Total Current Liabilities | 57.75M | 49.81M | 36.18M | 71.31M | 51.58M | 53.50M |
| Long-Term Debt | 6.15M | 9.29M | 3.22M | 2.89M | ||
| Long-Term Leases | 4.33M | 4.34M | 57.98K | 1.43M | 2.93M | 4.38M |
| Long-Term Unearned Revenue | 5.28M | 17.28M | 21.52M | 15.06M | 5.22M | 9.28M |
| Other Long-Term Liabilities | 625.35K | 468.11K | 265.25K | 254.73K | 457.02K | |
| Total Liabilities | 74.13M | 81.19M | 58.02M | 88.06M | 63.41M | 70.03M |
| Common Stock | 911.00 | 3.91K | 3.84K | 3.80K | 3.80K | 5.00K |
| Additional Paid-In Capital | 32.73M | 26.92M | 25.74M | 26.17M | 23.44M | 94.16M |
| Retained Earnings | -40.26M | -39.35M | -12.12M | -13.95M | -4.86M | 16.05M |
| Treasury Stock | -3.67M | -3.67M | -3.67M | -3.67M | -3.41M | |
| Comprehensive Income & Other | -295.58K | -275.05K | -279.46K | -254.38K | -307.20K | -94.62M |
| Total Common Equity | -11.49M | -16.37M | 9.67M | 8.30M | 14.86M | 15.59M |
| Minority Interest | -5.51M | -5.51M | -5.50M | -5.50M | -5.49M | -5.54M |
| Shareholders' Equity | -17.00M | -21.88M | 4.17M | 2.80M | 9.36M | 10.05M |
| Total Liabilities & Equity | 57.13M | 59.31M | 62.19M | 90.86M | 72.77M | 80.09M |
| Total Debt | 12.87M | 19.17M | 7.22M | 14.87M | 22.03M | 18.64M |
| Net Cash (Debt) | 420.07K | -10.60M | 79.03K | 324.98K | -9.16M | -8.48M |
| Net Cash Per Share | 0.05 | -1.42 | 0.01 | 0.04 | -1.21 | -1.21 |
| Filing Date Shares Outstanding | 8.96M | 7.56M | 7.44M | 7.35M | 7.33M | 500.00K |
| Total Common Shares Outstanding | 8.84M | 7.56M | 7.40M | 7.33M | 7.36M | 500.00K |
| Working Capital | -25.98M | -18.75M | -4.93M | -14.66M | -8.95M | -8.29M |
| Book Value Per Share | -1.30 | -2.17 | 1.31 | 1.13 | 2.02 | 31.18 |
| Tangible Book Value | -19.81M | -25.12M | 8.70M | 8.03M | 13.20M | 6.27M |
| Tangible Book Value Per Share | -2.24 | -3.32 | 1.17 | 1.09 | 1.79 | 12.55 |
| Land | 2.70M | 2.70M | 2.70M | 2.70M | 2.70M | 2.70M |
| Buildings | 2.88M | 2.88M | 2.88M | 2.88M | 2.88M | 2.88M |
| Machinery | 1.96M | 1.96M | 2.40M | 2.40M | 2.41M | 2.51M |
| Leasehold Improvements | 1.54M | 1.54M | 1.54M | 1.54M | 1.54M | 1.54M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -9.63M | -27.24M | 1.83M | -9.09M | 947.81K | 8.47M |
| Depreciation & Amortization | 1.28M | 642.44K | 311.52K | 1.82M | 8.22M | 16.06M |
| Other Amortization | 955.72K | 1.34M | 62.85K | 124.59K | 26.51K | 22.95K |
| Loss (Gain) From Sale of Assets | 427.00 | -17.07K | 117.32K | |||
| Asset Writedown & Restructuring Costs | 1.29M | 1.54M | 16.32M | |||
| Loss (Gain) From Sale of Investments | -7.86K | |||||
| Stock-Based Compensation | 191.74K | 371.50K | -890.21K | 848.03K | 223.25K | |
| Other Operating Activities | -119.13K | 10.60M | 980.98K | -1.73M | -246.80K | -5.63M |
| Change in Accounts Receivable | 8.33M | 1.16M | 18.98M | -15.11M | 2.58M | 1.95M |
| Change in Accounts Payable | 373.61K | 4.58M | -15.18M | 6.17M | 1.16M | -1.63M |
| Change in Unearned Revenue | 1.27M | 6.62M | -8.85M | 24.77M | -10.73M | -14.25M |
| Change in Income Taxes | 2.58M | 2.58M | 2.21M | |||
| Change in Other Net Operating Assets | 1.60M | -3.34M | -1.02M | -7.33M | -5.52M | -5.62M |
| Operating Cash Flow | 8.12M | -1.15M | -1.57M | 465.87K | -3.36M | 15.85M |
| Capital Expenditures | -15.80K | -15.80K | -5.26K | |||
| Sale of Property, Plant & Equipment | 19.50K | |||||
| Sale (Purchase) of Intangibles | -2.56M | -5.23M | -5.00M | |||
| Investment in Securities | -9.72K | 1.50M | ||||
| Other Investing Activities | -300.00K | -30.85M | ||||
| Investing Cash Flow | -2.57M | -5.26M | 1.21M | -35.85M | ||
| Short-Term Debt Issued | 3.85M | 10.00M | 6.50M | |||
| Long-Term Debt Issued | 11.50M | 48.30K | 3.00M | |||
| Total Debt Issued | 5.00M | 11.50M | 3.85M | 10.05M | 9.50M | |
| Short-Term Debt Repaid | -2.93M | -3.35M | -9.50M | -4.17M | ||
| Long-Term Debt Repaid | -3.09M | -79.90K | -161.16K | -6.87M | ||
| Total Debt Repaid | -7.86M | -2.93M | -6.44M | -9.58M | -4.33M | -6.87M |
| Net Debt Issued (Repaid) | -2.86M | 8.57M | -6.44M | -5.73M | 5.72M | 2.63M |
| Issuance of Common Stock | 4.23M | 159.00K | 220.00K | 11.79M | ||
| Repurchase of Common Stock | -257.09K | -3.41M | ||||
| Common Dividends Paid | -8.20M | |||||
| Other Financing Activities | -33.25K | -25.75K | -262.91K | 2.55M | -1.05M | |
| Financing Cash Flow | 1.34M | 8.71M | -6.49M | -3.44M | 4.84M | 2.63M |
| Foreign Exchange Rate Adjustments | -120.50K | -30.63K | -24.63K | 51.67K | -12.73K | 21.18K |
| Net Cash Flow | 6.76M | 2.26M | -8.08M | -2.92M | 2.68M | -17.35M |
| Free Cash Flow | 8.11M | -1.17M | -1.57M | 465.87K | -3.36M | 15.85M |
| Free Cash Flow Margin | 9.44% | -1.44% | -1.85% | 0.77% | -4.52% | 14.85% |
| Free Cash Flow Per Share | 1.04 | -0.16 | -0.21 | 0.06 | -0.44 | 2.26 |
| Levered Free Cash Flow | 17.57M | 3.57M | -9.88M | 5.88M | 5.74M | 13.15M |
| Unlevered Free Cash Flow | 18.01M | 3.97M | -9.49M | 6.71M | 6.29M | 13.40M |
| Cash Interest Paid | 698.86K | 617.25K | 467.19K | 934.52K | 788.06K | 405.25K |
| Cash Income Tax Paid | -2.86M | -1.10M | 248.39K | 888.30K | 6.58M | |
| Change in Working Capital | 14.16M | 11.60M | -3.86M | 8.49M | -12.51M | -19.55M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 21.05M | 33.56M | 68.73M | 44.35M | 54.25M | |
| Enterprise Value | 20.63M | 26.64M | 60.30M | 50.89M | 62.92M | |
| Last Close Price | 2.35 | 4.45 | 9.30 | 6.05 | 7.35 | |
| PE Ratio | 37.52 | 57.24 | ||||
| Forward PE | 2.29 | 45.78 | 9.19 | 5.50 | ||
| PS Ratio | 0.25 | 0.41 | 0.81 | 0.73 | 0.73 | |
| PB Ratio | -1.53 | 16.49 | 15.83 | 5.79 | ||
| P/TBV Ratio | 7.90 | 5.52 | 4.11 | |||
| P/FCF Ratio | 2.60 | 95.19 | ||||
| P/OCF Ratio | 2.59 | 95.19 | ||||
| EV/Sales Ratio | 0.24 | 0.33 | 0.71 | 0.84 | 0.84 | |
| EV/EBITDA Ratio | 14.36 | 9.54 | ||||
| EV/EBIT Ratio | 15.51 | |||||
| EV/FCF Ratio | 2.54 | 109.24 | ||||
| Debt / Equity Ratio | -0.76 | -0.88 | 1.73 | 5.31 | 2.35 | 1.85 |
| Debt / EBITDA Ratio | 1.24 | 2.69 | 0.44 | |||
| Debt / FCF Ratio | 1.59 | 31.93 | 1.18 | |||
| Net Debt / Equity Ratio | 0.03 | -0.48 | -0.02 | -0.12 | 0.98 | 0.84 |
| Net Debt / EBITDA Ratio | 0.04 | -0.70 | -0.02 | 0.04 | 1.39 | 0.21 |
| Net Debt / FCF Ratio | -0.05 | -9.07 | 0.05 | -0.70 | -2.73 | 0.54 |
| Asset Turnover | 1.49 | 1.34 | 1.10 | 0.74 | 0.97 | 1.05 |
| Quick Ratio | 0.40 | 0.44 | 0.55 | 0.57 | 0.60 | 0.58 |
| Current Ratio | 0.55 | 0.62 | 0.86 | 0.79 | 0.83 | 0.84 |
| Return on Equity (ROE) | 52.43% | -149.51% | 10.24% | 35.63% | ||
| Return on Assets (ROA) | -11.60% | -16.18% | 3.18% | -7.86% | -1.33% | 15.18% |
| Return on Invested Capital (ROIC) | -261.02% | -231.44% | 88.02% | -98.01% | -8.78% | 93.37% |
| Return on Capital Employed (ROCE) | 1,728.70% | -165.50% | 15.00% | -52.70% | -7.70% | 93.10% |
| Earnings Yield | -54.55% | -81.16% | 2.67% | -20.49% | 1.75% | |
| FCF Yield | 38.52% | -3.48% | -2.28% | 1.05% | -6.20% | |
| Payout Ratio | 865.15% | |||||
| Buyback Yield / Dilution | -5.14% | -1.75% | -0.37% | 3.22% | -8.23% | -1,300.00% |