Groupon's first-quarter net loss of $37.8 million

Absrtact: May 7 News, Groupon released its first-quarter results for fiscal year 2014 today. The report showed Groupon's first-quarter revenue was $757.6 million, an increase of 26% from $601.4 million a year earlier, and a net loss of 37.8 million U.S. shareholders in general stock

On May 7, Groupon released its first-quarter results for fiscal year 2014 today. The report showed Groupon's first-quarter revenue was $757.6 million, an increase of 26% from $601.4 million a year earlier, and a net loss of $37.8 million for ordinary shareholders, which is larger than the net loss of $4 million, which was attributed to ordinary shareholders over the same period last year. Gropon's first-quarter results exceeded Wall Street analyst expectations, but the second-quarter outlook was less than expected, boosting its share price by nearly 6%.

In the quarter ended March 31, Groupon's net loss to ordinary shareholders was $37.8 million trillion, a 6-cent loss per share, better than the same period last year. In the first quarter of the 2013 fiscal year, Groupon's net loss to ordinary shareholders was $4 million trillion, with a loss of 1 cents per share. Excluding certain one-off items (not in accordance with US GAAP), Groupon lost 1 cents a share in the first quarter, a better performance than analysts had previously expected. Analysts on average expect Groupon to lose 1 cents per share after the first quarter, according to a Thomson Reuters poll.

Groupon's first-quarter revenue was $757.6 million, up 26% from $601.4 million a year earlier, with North America's revenue growth 27%,emea (Europe, Middle East and Africa) growing 26% per cent year-on-year, while revenue from other parts of the world grew 23%. The results exceeded analysts ' previous expectations. Analysts on average expect Groupon to be 738.4 million dollars in the first quarter, according to a Thomson Reuters poll.

Detailed results:

Groupon's direct revenue in the first quarter was $331 million trillion, well above $162 million a year earlier, with third parties and other revenues of $426 million, less than $439 million a year earlier.

By region, Groupon's revenue from North America in the first quarter was $431 million trillion, up 26.9% from $340 million a year earlier, with an EMEA revenue of 231 million dollars, up 184 million from the same period last year. , with revenues from the rest of the world growing at $95.7 million trillion, up 22.6% from 78.1 million dollars a year earlier. By sector, Groupon's local revenue for the first quarter was $330 million trillion, a year earlier at $329 million trillion, with merchandise revenues of $386 million trillion, 229 million dollars over the same period last year, and tourism and other revenues of 41.3 million US dollars, compared with $42.7 million a year earlier.

Groupon's first-quarter gross-bill income, which reflects the total dollar value of the goods and services that customers buy, excluding any applicable tax and estimated tax rebate, is $1.82 billion trillion, up 29% from $1.41 billion a year earlier. Groupon's first-quarter gross-bill income from North America grew 4% per cent year-on-year, with gross bill receipts in the rest of the world growing 123% per cent year-on-year, 15%,emea. Groupon's first-quarter operating loss was $20 million trillion, operating at a profit of $21.2 million a year earlier.

Groupon's gross profit in the first quarter was $385.7 million trillion, up 2% from $379 million a year earlier, after the adjusted EBITDA (net profit before interest, tax, depreciation and amortization) was $40.3 million trillion, compared with $71.9 million a year earlier.

In the 12 months ended March 31, Groupon operated cash flow of $189 million. Groupon's free cash flow in the first quarter (not based on US GAAP) was $37.1 million trillion, and the free cash flow in the past 12 months was 123.6 million dollars. By the end of the first quarter, Groupon had a cash and cash equivalent of 1 billion dollars.

As of March 31, 2014, Groupon's active trading volume in the North American market increased to more than 200,000, at the end of the fourth quarter of 2013, by more than 140,000. As of March 31, 2014, Groupon's active users were 51.8 million, up 24% in North America, with 21.8 million active users in the EMEA region and 14.5 million active users in other parts of the world.

In the first quarter, Groupon's average billing for each active user in the past 12 months was 132 dollars, down from 134 dollars in the previous quarter. In March 2014, 54% of Groupon's North American deals were done by mobile devices. In the first quarter of 2014, 1000多万名 users worldwide downloaded Groupon mobile apps, with a total of more than 80 million users currently downloading mobile apps.

Performance expectations:

Groupon estimates that revenue for the second quarter of fiscal year 2014 was $725 million to $775 million, which was less than analysts had expected. Analysts on average expect Groupon to be 754 million dollars in the second quarter, according to a Thomson Reuters poll. Groupon estimates that the second quarter of the 2014 fiscal year, after a 45 million dollar to 65 million U.S. dollars, does not follow the U.S. General accounting standards adjusted earnings per share of $0 to 0.02 U.S. dollars, also less than analysts had expected. Analysts on average expect Groupon to yield 3 cents a share in the second quarter, according to a Thomson Reuters poll.

Groupon also predicts that the 2014 fiscal year will be adjusted for more than $300 million trillion.

Stock price change:

On that day, Groupon fell 0.17 U.S. dollars in conventional Nasdaq trading and closed at $6.72, or 2.47%. Groupon's share price fell another 0.39 US dollars to $6.33, or 5.8%, in a subsequent trading transaction up to 15:59 (5:59 Beijing Time, 7th). Groupon's highest stock price in the past 52 weeks was $12.76, with a minimum price of $5.37.