Groupon Inc
For the period ended Sep 30, 2024. Filed Nov 12, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 12, 2024
GRPN$12.51-23.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)
(in thousands, except share and per share amounts)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Revenue | $114,479 | $126,474 | $362,178 | $377,194 |
| Cost of revenue | 11,584 | 15,796 | 36,059 | 48,840 |
| Gross profit | 102,895 | 110,678 | 326,119 | 328,354 |
| Operating expenses: | ||||
| Marketing | 36,258 | 28,898 | 101,587 | 76,013 |
| Selling, general and administrative | 71,327 | 80,016 | 222,937 | 277,913 |
| Restructuring and related charges | 896 | 2,228 | 613 | 10,333 |
| Gain on sale of assets | — | — | (5,160) | — |
| Total operating expenses | 108,481 | 111,142 | 319,977 | 364,259 |
| Income (loss) from operations | (5,586) | (464) | 6,142 | (35,905) |
| Other income (expense), net | 22,429 | (39,525) | 5,264 | (41,260) |
| Income (loss) before provision (benefit) for income taxes | 16,843 | (39,989) | 11,406 | (77,165) |
| Provision (benefit) for income taxes | 2,321 | 817 | 17,802 | 4,258 |
| Net income (loss) | 14,522 | (40,806) | (6,396) | (81,423) |
| Net (income) loss attributable to noncontrolling interests | (594) | (552) | (1,982) | (1,689) |
| Net income (loss) attributable to Groupon, Inc. | $13,928 | $(41,358) | $(8,378) | $(83,112) |
| Net income (loss) per share: | ||||
| Basic | $0.35 | $(1.31) | $(0.22) | $(2.68) |
| Diluted | $0.33 | $(1.31) | $(0.22) | $(2.68) |
| Weighted average number of shares outstanding: | ||||
| Basic | 39,748,268 | 31,500,489 | 38,966,238 | 31,039,668 |
| Diluted | 45,014,446 | 31,500,489 | 38,966,238 | 31,039,668 |
| Comprehensive income (loss): | ||||
| Net income (loss) | $14,522 | $(40,806) | $(6,396) | $(81,423) |
| Other comprehensive income (loss): | ||||
| Net change in unrealized gain (loss) on foreign currency translation adjustments | (23,092) | 11,141 | (6,138) | 11,038 |
| Comprehensive income (loss) | (8,570) | (29,665) | (12,534) | (70,385) |
| Comprehensive (income) loss attributable to noncontrolling interest | (594) | (552) | (1,982) | (1,689) |
| Comprehensive income (loss) attributable to Groupon, Inc. | $(9,164) | $(30,217) | $(14,516) | $(72,074) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.