Snapchat

Snapchat’s parent firm to reveal financials within a week

Snapchat’s parent firm to reveal financials within a week

Snap Inc., the tech company that owns widely-popular messaging service Snapchat, will soon announce its financials as it is moving toward its eagerly awaited initial public offering (IPO), a person claiming familiarity with the situation revealed on Friday.

According to the anonymous source, Snap will publish the documents, which it secretly filed with the U.S. Securities and Exchange Commission (SEC), within a week. The documents reportedly contain a dossier of tightly held finances as well as its plans for becoming a public company.

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