| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 | Dec'16 | Sep'16 | Jun'16 | Mar'16 | Dec'15 | Sep'15 | Jun'15 | Mar'15 | Dec'14 | Sep'14 | Jun'14 | Mar'14 | Sep'13 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net revenue | |||||||||||||||||||||||||
2,330,063 | 2,533,490 | 2,305,487 | 2,343,251 | 1,944,829 | 2,014,004 | 1,705,645 | 1,655,256 | 1,404,269 | 1,439,016 | 1,198,198 | 1,122,856 | 960,825 | 984,559 | 861,525 | 786,928 | 747,348 | 739,790 | 593,972 | 491,752 | 424,371 | 408,619 | 336,188 | 295,437 | 278,707 | 237,302 |
Cost of goods sold | |||||||||||||||||||||||||
1,750,940 | 1,956,135 | 1,765,566 | 1,783,651 | 1,474,373 | 1,528,882 | 1,312,875 | 1,270,249 | 1,080,445 | 1,106,851 | 917,889 | 853,390 | 723,942 | 745,979 | 659,864 | 598,414 | 568,292 | 564,088 | 452,586 | 370,951 | 321,536 | 310,209 | 257,161 | 226,983 | 213,500 | 178,656 |
Gross profit | |||||||||||||||||||||||||
579,123 | 577,355 | 539,921 | 559,600 | 470,456 | 485,122 | 392,770 | 385,007 | 323,824 | 332,165 | 280,309 | 269,466 | 236,883 | 238,580 | 201,661 | 188,514 | 179,056 | 175,702 | 141,386 | 120,801 | 102,835 | 98,410 | 79,027 | 68,454 | 65,207 | 58,646 |
Operating expenses: | |||||||||||||||||||||||||
Customer service and merchant fees | |||||||||||||||||||||||||
89,463 | 100,497 | 91,255 | 88,502 | 76,473 | 77,706 | 66,664 | 61,792 | 53,884 | 52,384 | 42,949 | 39,125 | 35,058 | 36,597 | 33,872 | 30,064 | 27,350 | 25,813 | 21,109 | 18,330 | 15,978 | 18,483 | 14,239 | 12,113 | 10,969 | - |
Advertising | |||||||||||||||||||||||||
275,760 | 315,019 | 281,846 | 259,166 | 243,969 | 232,385 | 202,587 | 177,582 | 161,646 | 165,780 | 141,714 | 124,241 | 118,265 | 115,689 | 101,333 | 94,426 | 97,677 | 87,975 | 70,711 | 61,539 | 57,999 | 54,806 | 49,763 | 42,511 | 44,204 | - |
Selling, operations, technology, general and administrative | |||||||||||||||||||||||||
475,968 | 471,420 | 426,529 | 383,109 | 343,648 | 304,647 | 268,785 | 240,972 | 211,363 | 181,780 | 169,603 | 143,652 | 139,766 | 259,731 | 79,526 | 69,481 | 58,282 | 152,039 | 41,120 | 36,591 | 32,870 | 60,123 | 25,203 | 23,586 | 22,769 | 15,530 |
Merchandising, marketing and sales | |||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 48,550 | 43,273 | 37,856 | - | 27,083 | 23,814 | 23,234 | 38,245 | 13,437 | 13,260 | 15,171 | 46,602 |
Amortization of acquired intangible assets | |||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 252 | 249 | 250 | 249 | 184 |
Total operating expenses | |||||||||||||||||||||||||
841,191 | 882,776 | 799,630 | 730,777 | 664,090 | 614,727 | 538,036 | 480,346 | 426,893 | 399,903 | 354,266 | 307,018 | 293,089 | 282,338 | 263,281 | 237,244 | 221,165 | 191,696 | 160,023 | 140,274 | 130,081 | 170,909 | 102,891 | 91,720 | 93,362 | 62,316 |
Loss from operations | |||||||||||||||||||||||||
-262,068 | -305,421 | -259,709 | -171,177 | -193,634 | -129,605 | -145,266 | -95,339 | -103,069 | -67,738 | -73,957 | -37,552 | -56,206 | -43,758 | -61,620 | -48,730 | -42,109 | -15,994 | -18,637 | -19,473 | -27,246 | -72,499 | -23,864 | -23,266 | -28,155 | -3,670 |
Interest (expense), net | |||||||||||||||||||||||||
-22,218 | -20,592 | -14,432 | -10,252 | -9,238 | -10,291 | -7,066 | -5,796 | -5,407 | -5,576 | -2,008 | -1,550 | -299 | -97 | -292 | 531 | 552 | 387 | 325 | 308 | 264 | 128 | 89 | 77 | 56 | 61 |
Other (expense) income, net | |||||||||||||||||||||||||
-246 | -2,701 | 2,182 | 322 | 3,078 | -2,865 | 1,054 | 666 | 941 | 358 | -227 | 451 | 176 | -48 | 889 | 246 | 669 | 176 | 2,746 | -96 | -108 | -84 | -309 | -184 | 88 | 579 |
Loss before income taxes | |||||||||||||||||||||||||
-284,532 | -328,714 | -271,959 | -181,107 | -199,794 | -142,761 | -151,278 | -100,469 | -107,535 | -72,956 | -76,192 | -38,651 | -56,329 | -43,903 | -61,023 | -47,953 | -40,888 | -15,431 | -15,566 | -19,261 | -27,090 | -72,455 | -24,084 | -23,373 | -28,011 | -3,030 |
Income Tax Expense (Benefit) | |||||||||||||||||||||||||
1,300 | 1,500 | 100 | 800 | 600 | 1,097 | 400 | 300 | 240 | -185 | 237 | 224 | 210 | 53 | -83 | 321 | 317 | 64 | -88 | 73 | 46 | 99 | 59 | 2 | 15 | 1 |
Net Income (Loss) Attributable to Parent | |||||||||||||||||||||||||
-285,865 | -330,222 | -272,035 | -181,938 | -200,389 | -143,845 | -151,726 | -100,734 | -107,775 | -72,771 | -76,429 | -38,875 | -56,539 | -43,956 | -60,940 | -48,274 | -41,205 | -15,495 | -15,478 | -19,334 | -27,136 | -72,554 | -24,143 | -23,375 | -28,026 | -3,031 |
Accretion of convertible redeemable preferred units | |||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -14,432 | 4,748 | 4,605 | 7,150 | 4,673 |
Net loss attributable to common stockholders | |||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -58,122 | -28,891 | -27,980 | -35,176 | -7,704 |
Earnings Per Share, Basic and Diluted | |||||||||||||||||||||||||
-3.04 | -3.56 | -2.94 | -1.98 | -2.20 | -1.59 | -1.69 | -1.13 | -1.22 | -0.82 | -0.88 | -0.45 | -0.66 | -0.51 | -0.72 | -0.57 | -0.49 | -0.18 | -0.18 | -0.23 | -0.33 | -0.72 | -0.71 | -0.69 | -0.85 | -0.19 |
Weighted Average Number of Shares Outstanding, Basic and Diluted | |||||||||||||||||||||||||
94,089 | 93,354 | 92,540 | 91,802 | 91,104 | 90,471 | 89,792 | 89,158 | 88,467 | 87,899 | 87,283 | 86,714 | 86,036 | 85,572 | 85,105 | 84,786 | 84,445 | 84,205 | 83,886 | 83,603 | 83,210 | 80,396 | 40,513 | 40,515 | 41,144 | 41,367 |