Groupon Inc
For the period ended Dec 31, 2024. Filed Mar 11, 2025.
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FY2024 · Filed Mar 11, 2025
GRPN$16.25+4.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(in thousands, except share and per share amounts)
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Revenue | $492,557 | $514,910 | $599,085 |
| Cost of revenue | 48,251 | 64,246 | 76,261 |
| Gross profit | 444,306 | 450,664 | 522,824 |
| Operating expenses: | |||
| Marketing | 144,207 | 110,505 | 149,231 |
| Selling, general and administrative | 295,399 | 350,405 | 481,375 |
| Goodwill impairment | — | — | 35,424 |
| Long-lived asset impairment | — | — | 12,259 |
| Restructuring and related charges | 1,066 | 8,006 | 12,350 |
| (Gain) on sale of assets | (5,160) | — | — |
| Total operating expenses | 435,512 | 468,916 | 690,639 |
| Income (loss) from operations | 8,794 | (18,252) | (167,815) |
| Other income (expense), net | (39,185) | (25,174) | (24,155) |
| Income (loss) before provision (benefit) for income taxes | (30,391) | (43,426) | (191,970) |
| Provision (benefit) for income taxes | 26,123 | 9,508 | 42,410 |
| Net income (loss) | (56,514) | (52,934) | (234,380) |
| Net (income) loss attributable to noncontrolling interests | (2,513) | (2,476) | (3,229) |
| Net income (loss) attributable to Groupon, Inc. | $(59,027) | $(55,410) | $(237,609) |
| Basic and diluted net income (loss) per share: | $(1.51) | $(1.77) | $(7.88) |
| Basic and diluted weighted average number of shares outstanding: | 39,170,368 | 31,243,179 | 30,166,100 |
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