Groupon's third-quarter net loss of 21.2 million dollars

Tencent Science and technology news October 31, the U.S. group purchase website Groupon released today as of September 30, the third quarter of fiscal year 2014. The report showed Groupon's third-quarter revenue reached $757.1 million, a 27% increase from $595.1 million a year earlier, and a net loss of $21.2 million for ordinary shareholders, which has widened compared with a net loss of $2.58 million to ordinary shareholders over the same period last year.

Earnings reported that the company's fourth-quarter results were disappointing in spite of Groupon's third-quarter revenue and a Better-than-expected profit from the US General accounting standards. By this factor, Groupon's share price fell after Thursday. Groupon's third-quarter revenue was $757.1 million trillion, surpassing analysts ' estimate of $746 million trillion, and a diluted profit of $0.03 per share that was not measured by US GAAP, exceeding analysts ' expected $0.01 trillion. Groupon expects a diluted profit of 0.02 to 0.04 dollars per share that will not be measured by US GAAP in the fourth quarter of this year, below analysts ' estimated $0.07 trillion.

Groupon's shares rose 0.20 to $5.99, or 3.45%, in Thursday's conventional US stock market, but in the post-trading (as at press), Groupon fell 0.01 U.S. dollars to 5.98 dollars, or 0.17%. In the past 52 weeks, Groupon's lowest share price was $5.18, with a maximum of 1242 dollars. Groupon's current market capitalisation is about $4.01 billion trillion.

Eric Levkovsky, Groupon's chief executive, said: "As gross billings grew by 39% per cent to the highest level in history, we hit record highs in the third quarter." Our strategy to become a leading mobile business destination has also made significant progress, with North American growth reaching a two-digit percentage, and a double-digit percentage of gross profit margins in North America, and Adjusted EBITDA for each business unit (ie, no interest, tax, The net profit before depreciation and amortization also shows a positive trend. ”

Earnings Details:

Groupon's third-quarter global gross billing income (gross billings, which reflects all the value of customers ' purchases of goods and services, not counting applicable taxes and estimated tax rebates) grew by 39% per cent year-on-year, Reached $1.86 billion trillion, a year earlier of $1.34 billion trillion, billing receipts from North America grew 16% from a year earlier, billing receipts from Europe, the Middle East and Africa (EMEA) increased by 10% per cent year-on-year, and receipts from other parts of the world grew 155% (This growth was mainly due to the ticket monster of mergers and acquisitions in the first quarter of this year).

Groupon's third-quarter revenue rose 27% Year-on-year, from $595.1 million trillion to $757.1 million trillion over the same period last year; revenue from North America grew 16% from a year earlier, from 361 million dollars to 418 million dollars in the same period, and revenue from Europe, the Middle East and Africa increased 56 year-on-year. %, from $147 million trillion to $230 million in the same period last year, revenue from other parts of the world grew 26% from a year earlier, from 86.27 million dollars to 108 million dollars over the same period.

Groupon's gross profit in the third quarter amounted to $380.1 million trillion, at $359.6 million a year earlier.

Groupon's third-quarter adjusted EBITDA (net profit before interest, tax, depreciation and amortization) was USD 67 million, which was $62.3 million in the same period last year, mainly due to increased ticket monster related sales, general services and management spending.

Groupon's net loss to ordinary shareholders in the third quarter was $21.2 million, a net loss of $2.58 million in the same period last year, and $0.03 trillion in basic and diluted losses, with a loss of nearly 0 dollars in the same period last year. Groupon's third-quarter profit was $0.03 trillion, excluding equity awards, acquisitions ' intangible-asset amortization fees, and $38.7 million trillion (not in accordance with US GAAP) per share.

Groupon's 12-month cash flow to the September 30 of this year was $180.3 million, and Groupon's free cash flow of $25.4 million in the third quarter of this year was not measured in accordance with U.S. GAAP, and the 12-month free cash flow for September 30 was 929 million dollars.

As of September 30, 2014, Groupon held a total of $855.2 million in cash and cash equivalents, up to December 31, 2013 of USD 1.24 billion.

Business Focus:

Groupon's global sales unit grew 92% per cent year-on-year in the third quarter, to 88 million, while sales from North America grew 11% per cent year-on-year, from Europe, the Middle East and Africa to 30% year-on-year growth of 316% from the rest of the world.

At the end of the third quarter, Groupon traded more than 300,000 times globally, more than 240,000 times in the second quarter of this year, with more than 120,000 active trading in North America in the third quarter, up from 105,000 in the previous quarter.

At the end of the third quarter, Groupon's active consumers rose 24% to 52.7 million, with 23.5 million in North America, 14.9 million in Europe, the Middle East and Africa, and 14.3 million in other parts of the world.

Tracking the average consumer's billing income for the past 12 months ending September 30 was $149 trillion, the second quarter of this year was $141.

In the third quarter of this year, more than 100 million users worldwide downloaded Groupon's mobile apps, and the mobile business still accounts for more than half of the company's total business.

Stock Repurchase Plan:

Groupon bought 1,349,712 shares of a common stock in the third quarter, with an average price of $6.16 per share and a total price of about $8.3 million. Under the current mandate, Groupon has bought up 26,087,004 of its shares at an average price of $7.30 a share and a total of 190.4 million dollars. Under the August 2013 stock buyback plan, Groupon was entitled to repurchase a Class A common stock of $109.6 million trillion, which is expected to end in August 2015.

Performance Outlook:

Groupon expects revenue to be between $875 million and $925 million trillion in the fourth quarter of 2014; the collated EBITDA will be between 80 million and 100 million dollars; the diluted profit per share not measured by US GAAP would be between 0.02 and 0.04 dollars. (Yue Tong)