Groupon's net loss of 37.8 million dollars in the first quarter

Summary: Beijing time May 7 News, the US group purchase website Groupon today released the first quarterly results of fiscal year 2014 as at March 31. The report showed Groupon's first-quarter revenue was $757.6 million, up 26% from 601.4 million a year earlier; net loss of 378

Beijing Time May 7 News, the U.S. group purchase website Groupon released today as of March 31, the first quarterly results of fiscal year 2014. The report showed Groupon's first-quarter revenue was $757.6 million, up 26% from $601.4 million a year earlier, and a net loss of $37.8 million trillion, with a net loss of 4 million dollars and a year-on-year increase over the same period last year.

Groupon Stock Price screenshot

Main financial data (based on GAAP)

Revenue: Groupon's first-quarter revenue was $757.6 million trillion, up 26% from $601.4 million a year earlier. North American market revenue of 431 million U.S. dollars, an increase of 27% per cent, Europe, the Middle East and Africa (EMEA) market revenue of 231 million U.S. dollars, the growth of 26%, the rest of the world market revenue of 95.68 million U.S. dollars, the year-on-year growth of 23%.

Net profit (net loss): In the first quarter of 2014, the net loss to ordinary shareholders was $37.8 million, and the loss was $0.06 per share.

Operating profit (operating loss): Operating loss of 19.95 million U.S. dollars, the same period last year operating profit of 21.18 million U.S. dollars. Gross profit: Gross margin rose to $385.7 million in the first quarter, at $379 million a year earlier.

Cash flow: As of March 31, the operating cash flow generated in 12 months is 189 million USD. The free cash flow for the first quarter was $37.1 million, and as of March 31, 12 months free cash flow was 123.6 million dollars. As of March 31, Groupon held cash and cash equivalents of $1 billion.

Business Highlights

Orders: Global orders for the first quarter of 2014 (before the refund and refunds were not counted) were 84 million, an increase of 85%. The North American market Growth 14%,emea market year-on-year growth of 18%, the world's other market growth of 330% year-on-year.

Active Trading: As of the end of the quarter, global active transactions averaged 200,000, up from 140,000 in the last quarter. The North American market has more than 95,000 active trading volumes.

Active users: Up to the end of the quarter, the last 12 months to buy Groupon coupons active users of 51.8 million people, an increase of 24%. 21.8 million of the North American market, Europe, the Middle East and Africa market 14.5 million, the rest of the world market 15.5 million.

Customer expenditure: For 12 consecutive months in the first quarter of 2014, the average consumption per active user was $132, and the last quarter was 134 USD.

Mobile: March 2014, 54% of global transactions are generated by mobile platforms. Worldwide, Groupon has more than 80 million downloads on the mobile side, and only a 10 million download in the first quarter.

Performance Outlook

In the second quarter of 2014: Groupon expects revenues to be between 7.25 and 775 million dollars in the second quarter of 2014, with no profit before interest, tax, depreciation and amortization (EBITDA) between 450.065 billion dollars. Excluding equity compensation, acquisition related expenses, net after-tax amount of earnings per share between 0.00 to 0.02 dollars.

2014: Groupon increased its full-year revenue forecasts, saying that the company's adjusted pre-tax profit would exceed $300 million trillion in 2014.

Stock market Performance

The Nasdaq stock market closed in Tuesday, with Groupon's shares falling 0.17 US dollars and closing at $6.72, or 2.47%. As the loss of the face continued to expand, after the trading market, as the U.S. East time May 6 17:35 (Beijing time May 7 early 5:35), Groupon shares fell 0.38 U.S. dollars, a decline of 5.65%, the provisional report of 6.34 U.S. dollars. Groupon's share price has fluctuated over the past 52 weeks: $5.37-12.76 USD.