Groupon on Thursday filed for an initial public offering and boasted some heady revenue growth---along with a chunky net loss.
But the growth is hard to argue with and Wall Street is likely to help Groupon raise up to $750 million without blinking. The company, which turned down a big acquisition offer from Google earlier this year, cited stiff competition and youth as the biggest risk factors, but the numbers really tell that tale.
Meanwhile, the LinkedIn IPO opened the floodgates for the next generation of tech giants, which happen to be the warm-up act for Facebook's eventual move to go public.
Here's a look at Groupon by the numbers:
- 7,107: Number of employees as of March 31.
- 37: Number of employees as of June 30, 2009.
- 83.1 million: Subscribers as of March 31.
- 152,203: Subscribers as of June 30, 2009.
- 5: North American markets as of June 30, 2009.
- 175: North American markets as of March 31. Toss in 43 countries for good measure too.
- $750 million: Amount Groupon may raise.
- $644.7 million: Revenue for the three months ended March 31.
- $713.4 million: Groupon revenue for 2010.
- $413.4 million: Net loss for 2010.
- $113.9 million: Net loss for the three months ended March 31.
- $208.2 million: Marketing expenses for the first quarter.
- $263.2 million: Marketing expenses for all of 2010.
- 56,781: Merchants in the first quarter.
- 28.1 million: Groupons sold in the first quarter.
- $18 million: Amount spent to acquire North American subscribers in the second quarter of 2010.
- $61.7 million: Gross profit for those acquired subscribers for the four quarters ended March 31.
- $7 million: Free cash flow for the first quarter.
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