| Author | Message | ||
Mahesh_fan Megastar Username: Mahesh_fan Post Number: 25512 Registered: 09-2010 Posted From: 98.193.216.196 Rating: N/A |
final nail for bull run anukunta | ||
Awesomedber Side Hero Username: Awesomedber Post Number: 6428 Registered: 04-2015 Posted From: 131.107.160.35 Rating: N/A |
Really Surprising! | ||
Biggboss Hero Username: Biggboss Post Number: 10390 Registered: 08-2017 Posted From: 24.6.111.180 Rating: N/A |
https://www.sec.gov/Archives/edgar/data/1543151/000119312519 103850/d647752ds1.htm copied from hackernews Note: - Expected to be teh largest IPO this year in the US. - 10th largest all time - trying to raise around $10B - 2018 Year Ended Revenue $11.27 billion - 2018 Year Ended Net Income $997 million - 2017 Year End lost $4.03 billion. - 10 billion trips in September 2018, up from 5 billion in September 2017 - Gross Bookings From Ridesharing $41.5 billion in 2018 - Revenue From Ridesharing Products $9.2 Billion in 2018 - List under UBER, good ticker!! - 29 banks listed as underwriting the IPO, for those of you wondering, yes that is alot. Like 20+ more than a typical IPO. From Bloomberg: - 2018, Uber's operating loss totaled $3.03 billion, however it technically turned a profit in 2018, generating $997 million in net income. That's thanks to a $5 billion "other income" benefit. Other Income is defined as: - Interest income, which consists primarily of interest earned on our cash and cash equivalents and restricted cash and cash equivalents. - Gain on divestitures, which consists of gain on sale of divested operations. - Unrealized gain on investments, which consists primarily of gains from fair value adjustments relating to our investments such as our investment in Didi. - Foreign currency exchange gains (losses), net, which consist primarily of remeasurement of transactions and monetary assets and liabilities denominated in currencies other than the functional currency at the end of the period. - Change in fair value of embedded derivatives, which consists primarily of gains and losses on embedded derivatives related to our Convertible Notes. - Other, which consists primarily of changes in the fair value of warrants and income from forfeitures of warrants. - Lyft now at $61/share, ouch, there just is no other way to put it. THey pulled a lot of financial engineering tricks to boost their IPO price and well the results speak for themselves  Biggest Surprise to me: - Uber Eats comes in at $165 million for Q4, for comparison Ride sharing generated a total of $2.5B in net revenue, the rest being ride sharing. - So Uber is not really all that diversified in terms of ride sharing vs other, they are essentially Lyft in more markets. Publicity Pichodu and his 30 kills - https://streamable.com/14mcp |