YELP2013Q3 performance Forecast, market value is expected to continue to climb

Source: Internet
Author: User
Keywords Yelp continue hopefully move the end

U.S. restaurant reviews and Yelp, the local online business company, yesterday released its third http://www.aliyun.com/zixun/aggregation/11996.html "> Quarterly earnings as at September 30, 2013." In the third quarter of 2013, Yelp net revenue reached $61.2 million, an increase of 68% per cent from industry analysts ' forecasts, according to earnings reports. Yelp has seen its market capitalisation rise 3 times-fold since 2013 and its revenues have soared in the third quarter of 2013, which is expected to boost its market capitalisation.


Yelp's earnings profile for the third quarter of 2013

In revenue, Yelp's third-quarter net revenue amounted to $61.2 million, up 68% from a year earlier, more than the industry analyst estimated at $59.41 million trillion. Yelp's net revenue for the 9 months of the 2013-year period reached 162.3 million dollars, up 68% from 96.4 million dollars a year ago.

Yelp exceeded expectations in revenue but remained in a loss position. The net loss of Yelp in the third quarter amounted to $2.3 million trillion, a net loss of $2 million in the same period last year, roughly the same as last year, according to earnings reports. The net loss of Yelp in 2013 years ago, 9 months, was 8 million U.S. dollars, a net loss of $13.8 million a year earlier, and narrower than the previous 9 months.

In other ways, Yelp posted more than 47.3 million users in the third quarter of 2013, an increase of 42% per cent, with an average monthly number of independent visitors growing 41%, about 117 million, and a year-on-year increase of 61% per cent for local business accounts, about 57,200.

Yelp expects net revenues to be between $66 million and $67 million trillion in the fourth quarter of 2013, up about 62% per cent year-on-year, and Yelp expects net revenues for the year 2013 to be between 228 million and 229 million dollars, up about 66% year-on-year. In terms of profit and loss, given the 8 million dollar losses in the first 9 months, the likelihood of making a profit throughout 2013 is small.

The three big positives are expected to boost Yelp's market capitalisation

Yelp's market capitalisation has risen 3 times-fold since 2013, its revenues have soared in the third quarter of 2013, with Yelp's range of in-depth trading moves, good performance at the mobile end, and a positive regional expansion strategy, which is expected to continue to climb.

On the way from the information platform to the trading platform, the product network found July 10, 2013, Yelp first launched the Yelp platform platform, by working with open table to provide users with ordering and delivery services, users can not only browse and view the local food, but also can be ordered online orders , the Yelp service will cover the entire ordering, payment and payment process. On July 18, Yelp purchased an online booking application seatme for 12.7 million dollars, enabling Yelp merchants to make bookings, seatme, and other services later.

On the mobile side, Yelp's earnings data showed that 40% of local ads were displayed on the mobile side in the second quarter of 2013, with 59% of searches coming from the mobile end (including apps and mobile web sites); In the third quarter of 2013, Yelp clients used the average monthly on 11.2 million of independent mobile devices, with 62 % of the search comes from the mobile end. Compared with the PC side, the mobile end in the display of advertising has a certain disadvantage; but for yelp such a heavy reliance on Google, Yahoo and other search engine sites, mobile end of the user groups more viscous, can reduce the cost of access to traffic, so that the initiative to grasp the development.

In the third quarter of 2013, Yelp expanded 5 markets, including four in the U.S. domestic market, and the Yelp Brazilian station, which was launched in August 2013. So far, Yelp has been operating in 111 markets. Aggressive international expansion provides the basis for Yelp's next growth. As of October 30, 2013, the market for Yelp was 4.49 billion dollars; with good performance, Yelp is expected to continue to climb, with a market capitalisation of more than $5 billion trillion before the end of 2013.

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