58.com inc. (WUBA)
Income statement / Yearly
Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11
Revenues:
Membership

579,952

425,419

297,150

139,490

85,725

47,919

19,654

Online marketing services

914,954

629,058

385,543

125,033

58,457

28,509

15,500

E-commerce services

11,316

24,038

23,046

0

0

-

-

Other services

34,713

15,924

9,097

455

1,565

10,694

6,380

Total revenues

1,540,935

1,094,439

714,836

264,978

145,747

87,122

41,534

Cost of revenues

141,639

101,951

51,268

13,844

8,471

10,406

6,301

Gross profit

1,399,296

992,488

663,568

251,134

137,276

76,716

35,233

Operating expenses:
Sales and marketing expenses

797,704

712,322

689,014

180,148

84,534

76,422

100,134

Research and development expenses

209,427

159,708

121,404

43,676

25,138

18,464

7,784

General and administrative expenses

117,232

86,767

105,049

20,633

12,983

13,088

10,721

Total operating expenses

1,124,363

958,797

915,467

244,457

122,655

107,974

118,639

Income/(loss) from operations

274,933

33,691

-251,899

6,677

14,621

-31,258

-83,406

Other income/(expenses):
Interest income

7,619

3,569

4,180

8,527

603

233

164

Interest expense

7,867

10,580

8,191

0

0

-

-

Investment income/(loss), net

52,377

-20,962

-139,779

10,245

2,728

-355

129

Share of results of equity investees

-105,200

-133,594

-

-

-

-

-

Gain on deconsolidation and disposal of businesses

0

11,472

119,238

0

0

-

-

Foreign currency exchange (loss)/ gain, net

121

-537

-1,743

-2,510

548

-62

-245

Others, net

13,078

-1,833

7,286

5,891

1,057

1,041

-44

Income/(loss) before tax

235,061

-118,774

-270,908

28,830

19,557

-30,401

-83,402

Income tax benefits/(expenses)

22,449

-7,349

-7,952

6,186

0

0

0

Net income/(loss)

212,612

-111,425

-262,956

22,644

19,557

-

-

Add: Net loss/ (income) attributable to noncontrolling interests

714

-709

-12,920

0

0

-

-

Less: Deemed dividend to mezzanine classified noncontrolling interests

15,228

2,266

898

0

0

-

-

Accretion to preference shares redemption values

-

-

-

-

9,134

10,233

6,547

Income attributable to preference shareholders

-

-

0

0

1,230

0

0

Net income/(loss) attributable to 58.com Inc.

196,670

-112,982

-250,934

22,644

9,193

-30,401

-83,402

Net income/(loss)

212,612

-111,425

-262,956

22,644

19,557

-

-

Other comprehensive income/(loss):
Net income/(loss) attributable to ordinary shareholders

-

-

-

-

-

-40,634

-89,949

Net income/(loss)

196,670

-

-

-

-

-30,401

-83,402

Foreign currency translation adjustment, net of nil tax

12,691

-10,960

-174,419

396

-570

-48

2

Unrealized gain/(loss) on available-for-sale securities

0

-1,889

2,978

-1,111

-

0

-

Reclassification into investment loss, net of nil tax

0

-431

-

-

-

-

-

Total comprehensive income/(loss)

225,303

-123,843

-434,397

21,929

18,987

-30,449

-83,400

Net earnings/(loss) per ordinary share attributable to ordinary shareholders - basic

0.67

-0.39

-1.07

0.13

0.14

-0.92

-2.03

Net earnings/(loss) per ordinary share attributable to ordinary shareholders - diluted

0.67

-0.39

-1.07

0.13

0.13

-0.92

-2.03

Net earnings/(loss) per ADS attributable to ordinary shareholders - basic (One ADS represents two ordinary shares)

1.35

-0.79

-2.14

0.27

0.29

-1.84

-4.07

Net earnings/(loss) per ADS attributable to ordinary shareholders - diluted (One ADS represents two ordinary shares)

1.33

-0.79

-2.14

0.26

0.27

-1.84

-4.07

Weighted average number of ordinary shares used in computing basic earnings/(loss) per share

291,475

286,975

234,811

168,589

63,717

44,245

44,245

Weighted average number of ordinary shares used in computing diluted earnings/(loss) per share

295,304

286,975

234,811

174,024

69,159

44,245

44,245