During the third quarter of its 2017 fiscal year it has accumulated a net loss of more than 443 million dollars.

 

Snap, the company behind the Snapchat messaging application , has completed the third quarter of its year fiscal 2017.

And how did it go? On the one hand, its revenues have increased 62% from 128.2 million in the third quarter of 2016 to almost 208 million. But has also increased its net loss , in this case from 124.2 million to more than 443.1 million dollars.

It should be noted that Snap has had to assume $ 39.9 million in charges related to the inventory of his Spectacles glasses . Especially because of excess reservations and cancellations.

What has also grown is the cost of hosting per Snap daily active user, which is currently at $ 0.68.

Those daily active users count for 153 million < / strong>, which is 17% more year-on-year. The average revenue per user for Snap is $ 1.17, up 39% year-on-year.