Groupon Announces Q4 2012: Revenues Were $638.3 Million, Operating Loss Was $12.9 Million

Posted on Feb 28 2013 - 11:16am by Editorial Staff


Groupon has announced its fourth quarter and fiscal year 2012 results ended December 31, 2012. The company reported the consolidated revenue of $638.3 million, up 30% year-over-year for the fourth quarter while the operation loss was $12.9 million, compared with an operation loss of $15 million in fourth quarter 2011.

The fourth quarter consolidated gross billings of $1.52 billion, up 24% year-over-year while the fourth quarter GAAP loss per share of $0.12, including $0.07 loss per share from a non-operating item, compared with a loss per share of $0.12 in fourth quarter 2011. Full year 2012 gross billings grew 35% to $5.38 billion, revenue increased 45% to $2.33 billion, and operating income of $98.7 million compared to a loss of $233.4 million in 2011.

For the full year, gross billings increased 35% year-over-year to $5.38 billion in 2012, compared with $3.99 billion in 2011. The revenue increased 45% year-over-year to $2.33 billion in 2012, compared with $1.61 billion in 2011. Growth was driven by an increase in direct revenue, which grew 2083% to $454.7 million in 2012, compared with $20.8 million in 2011.

Operating income was $98.7 million in 2012, including stock-based compensation and acquisition-related expenses of $105.0 million, and depreciation and amortization of $55.8 million. Full year 2012 net loss attributable to common stockholders was $67.4 million, or $0.10 per share.

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