Groupon files for IPO: By the numbers

Groupon files for IPO: By the numbers

Summary: Groupon filed for an initial public offering and boasted some heady revenue growth---along with a chunky net loss. The growth, however, is staggering.

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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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16 comments
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  • RE: Groupon files for IPO: By the numbers

    Groupon = Webvan 2.0. Nice idea, and as a consumer I love it, but there's no money in it over the long term. As a businessman, $.25 for a $1 is a 75% loss no matter how you cut it.
    wreyno3
    • RE: Groupon files for IPO: By the numbers

      @wreyno3
      $713.4 million: Groupon revenue for 2010.
      So, assuming that this is 25% of regular priced products for businesses (50% off and half of that goes to groupon) the loss to businesses due to groupon deals is $2.14 billion. Woo hoo.
      paul2011
      • RE: Groupon files for IPO: By the numbers

        @paul2011
        It is good to see some detailed information on this topic which is very rarely discussed on the internet;
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        MichelSimon
  • Not surprised they turned down 6 billion from Google

    More and more people are saying that they want no part of Google.

    Sure, 6 Billion is quite an offer, but the sellers have to live with themselves for the rest of their lives.
    Will Pharaoh
    • RE: Groupon files for IPO: By the numbers

      @Will Pharaoh Along with six billion $1 bills... oh my, the torture.

      -M

      PS: Where can I sign up?
      betelgeuse68
      • RE: Groupon files for IPO: By the numbers

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        cloudsifter
  • RE: Groupon files for IPO: By the numbers

    Google, Groupon, no difference there. All are a waste of time
    Luddite24
  • 7000 Employees?

    What do they need 7000 employees for??
    jpr75_z
    • Asking the same thing...

      @jpr75_z I was wondering the same thing. BTW head over to All Things Digital and they point out that Groupon LOST 110 million using GAAP earnings.
      serpentmage
    • Salesmen

      Telephone salesman, betcha.
      guihombre
  • RE: Groupon files for IPO: By the numbers

    I don't get it. I had Groupon for about a month, but all I got were notices for a bunch of useless junk and dinner cruises for 1/2 price. Someone could easily come up with a better concept that actually targets the things I actually would buy... then Groupon will get buried so fast they won't even get offered $60 from Google.
    Perfect Game
  • RE: Groupon files for IPO: By the numbers

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  • Groupon Australia

    83.1 million: Subscribers as of March 31.
    152,203: Subscribers as of June 30, 2009.
    well, this is huge.
    $413.4 million: Net loss for 2010.
    $113.9 million: Net loss for the three months ended March 31.
    and this is also huge.
    no matter how bigger the company is, the first priority should be the complements of the subscribers. besides, Groupon should make their regional branches like <a href="http://www.dealsextra.com.au/groupon-australia/">Groupon Australia</a> stronger. and turning down the acquisition of China? well, that's something interesting.
    boshontobihar
  • RE: Groupon files for IPO: By the numbers

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  • RE: Groupon files for IPO: By the numbers

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