| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | ||
|---|---|---|---|---|---|---|
Net Revenues | ||||||
20,184 | 1,574 | 15,368 | 93,434 | 42,872 | ||
Operating costs and expenses: | ||||||
Cost of services | ||||||
8,161 | 2,037 | 3,760 | 8,689 | 4,595 | ||
Sales and marketing | ||||||
11,831 | 6,470 | 13,434 | 28,025 | 13,974 | ||
General and administrative | ||||||
39,512 | 35,674 | 35,852 | 25,192 | 12,090 | ||
Service development expenses | ||||||
10,504 | 10,312 | 9,771 | 9,573 | 4,739 | ||
Write-off of deferred offering expenses | ||||||
- | 0 | 0 | 522 | - | ||
Total operating expenses | ||||||
70,008 | 54,493 | 62,817 | 72,001 | - | ||
Total operating expenses | ||||||
- | - | - | - | 35,398 | ||
Other operating income | ||||||
185 | 393 | 1,067 | 2,807 | 2,405 | ||
Government grant | ||||||
1,043 | 1,443 | 312 | 587 | 461 | ||
Indemnity cost | ||||||
0 | 1,500 | - | - | - | ||
Other operating expenses | ||||||
5,332 | 213 | 459 | 730 | 442 | ||
Operating loss | ||||||
-53,928 | -52,796 | -46,529 | 24,097 | 9,898 | ||
Others, net | ||||||
126 | - | - | - | - | ||
Interest income | ||||||
3,162 | 3,436 | 3,178 | 2,741 | - | ||
Interest income | ||||||
- | - | - | - | 340 | ||
Interest expense | ||||||
0 | 0 | 330 | 57 | 893 | ||
Loss from equity method investments | ||||||
-327 | -58 | -63 | - | - | ||
Gain from disposal of subsidiaries | ||||||
842 | 19,720 | - | - | - | ||
Changes in fair value of the derivative component of the convertible note | ||||||
- | - | 0 | 0 | -4,429 | ||
Changes in fair value of the structured deposits | ||||||
0 | 0 | 174 | - | - | ||
Changes in fair value of contingent considerations | ||||||
366 | - | - | - | - | ||
Changes in fair value of the structured deposit | ||||||
- | - | - | -181 | - | ||
Loss before income tax | ||||||
-50,491 | -29,698 | -43,570 | 26,600 | 4,916 | ||
Income tax (expense) benefit | ||||||
-1,901 | 440 | 6,479 | 1,287 | -12,603 | ||
Net loss | ||||||
-48,590 | -30,138 | -50,049 | - | - | ||
Less: Net (loss) income attributable to the noncontrolling interests | ||||||
147 | -906 | -48 | - | - | ||
Net loss attributable to 500.com Limited | ||||||
-48,737 | -29,232 | -50,001 | 25,313 | 17,519 | ||
Other comprehensive income (loss): | ||||||
Foreign currency translation gain (loss) | ||||||
-8,577 | 11,860 | 10,320 | - | - | ||
Realized and unrealized gain (loss) on available for sale investments | ||||||
-113 | 109 | - | - | - | ||
Other comprehensive income (loss) net of tax | ||||||
-8,690 | 11,969 | 10,320 | - | - | ||
Comprehensive loss | ||||||
-57,280 | -18,169 | -39,729 | - | - | ||
Less: Comprehensive (loss) income attributable to noncontrolling interests | ||||||
207 | -906 | 48 | - | - | ||
Comprehensive loss attributable to 500.com Limited | ||||||
-57,487 | -17,263 | -39,681 | 27,270 | 16,611 | ||
Earnings (losses) per share for Class A and Class B ordinary shares outstanding: | ||||||
Basic | ||||||
-0.12 | -0.07 | -0.13 | 0.07 | 0.07 | ||
Diluted | ||||||
-0.12 | -0.07 | -0.13 | 0.07 | 0.07 | ||
Losses per American Depositary Share (ADS) (1 ADS represents 10 Class A ordinary shares) | ||||||
Basic | ||||||
-1.20 | -0.70 | -1.30 | 0.74 | 0.74 | ||
Diluted | ||||||
-1.20 | -0.70 | -1.30 | 0.71 | 0.67 | ||
Weighted average number of Class A and Class B ordinary shares outstanding: | ||||||
Basic | ||||||
408,310 | 414,872 | 385,590 | 339,782 | 238,342 | ||
Diluted | ||||||
408,310 | 414,872 | 385,590 | 357,848 | 259,729 | ||
Foreign currency translation gain (loss) | ||||||
- | - | - | 1,957 | -908 | ||