Buy Or Sell Opportunity • May 11
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.8% to Mex$284. The fair value is estimated to be Mex$367, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • May 06
First quarter 2026 earnings released: US$0.15 loss per share (vs US$0.059 profit in 1Q 2025) First quarter 2026 results: US$0.15 loss per share (down from US$0.059 profit in 1Q 2025). Revenue: US$8.50b (up 7.5% from 1Q 2025). Net loss: US$266.0m (down 349% from profit in 1Q 2025). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Global Multiline Retail industry. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has remained flat, which means it is well ahead of earnings. 공시 • Apr 29
Coupang, Inc., Annual General Meeting, Jun 11, 2026 Coupang, Inc., Annual General Meeting, Jun 11, 2026. 공시 • Apr 22
Coupang, Inc. to Report Q1, 2026 Results on May 05, 2026 Coupang, Inc. announced that they will report Q1, 2026 results After-Market on May 05, 2026 Reported Earnings • Feb 27
Full year 2025 earnings released: EPS: US$0.11 (vs US$0.086 in FY 2024) Full year 2025 results: EPS: US$0.11 (up from US$0.086 in FY 2024). Revenue: US$34.5b (up 14% from FY 2024). Net income: US$208.0m (up 35% from FY 2024). Profit margin: 0.6% (up from 0.5% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Global Multiline Retail industry. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has remained flat. 공시 • Feb 13
Coupang, Inc. to Report Q4, 2025 Results on Feb 26, 2026 Coupang, Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Feb 26, 2026 Buy Or Sell Opportunity • Feb 05
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 46% to Mex$295. The fair value is estimated to be Mex$380, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 9.8% per annum. Earnings are also forecast to grow by 34% per annum over the same time period. Recent Insider Transactions • Jan 05
Chief Accounting Officer recently sold Mex$1.1m worth of stock On the 2nd of January, Jonathan Lee sold around 3k shares on-market at roughly Mex$422 per share. This transaction amounted to 3.4% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$6.9m. Insiders have been net sellers, collectively disposing of Mex$366m more than they bought in the last 12 months. 공시 • Dec 19
Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of Coupang, Inc. Investors Rosen Law Firm announced that it has filed a class action lawsuit on behalf of purchasers of the securities of Coupang, Inc. between August 6, 2025 and December 16, 2025, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for Coupang investors under the federal securities laws. According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Coupang had inadequate cybersecurity protocols that allowed a former employee to access sensitive customer information for nearly six months without being detected; (2) this subjected Coupang to a materially heightened risk of regulatory and legal scrutiny; (3) When defendants became aware that Coupang had been subjected to this data breach, they did not report it in a current report filing (to be filed with the U.S. Securities and Exchange Commission (the “SEC”)) in compliance with applicable reporting rules; and (4) as a result, defendants’ public statements were materially false and/or misleading at all times. When the true details entered the market, the lawsuit claims that investors suffered damages. Buy Or Sell Opportunity • Dec 10
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 20% to Mex$480. The fair value is estimated to be Mex$611, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 43% per annum over the same time period. Reported Earnings • Nov 06
Third quarter 2025 earnings released: EPS: US$0.052 (vs US$0.039 in 3Q 2024) Third quarter 2025 results: EPS: US$0.052 (up from US$0.039 in 3Q 2024). Revenue: US$9.27b (up 18% from 3Q 2024). Net income: US$95.0m (up 36% from 3Q 2024). Profit margin: 1.0% (up from 0.9% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Global Multiline Retail industry. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. 공시 • Oct 22
Coupang, Inc. to Report Q3, 2025 Results on Nov 04, 2025 Coupang, Inc. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 04, 2025 Buy Or Sell Opportunity • Sep 25
Now 21% undervalued Over the last 90 days, the stock has risen 4.7% to Mex$587. The fair value is estimated to be Mex$738, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 42% per annum over the same time period. Recent Insider Transactions • Sep 15
Insider recently sold Mex$38m worth of stock On the 11th of September, Harold L. Rogers sold around 65k shares on-market at roughly Mex$594 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$367m more than they bought in the last 12 months. Recent Insider Transactions • Aug 08
Insider recently sold Mex$6.4m worth of stock On the 4th of August, Pranam Kolari sold around 12k shares on-market at roughly Mex$549 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$95m. Insiders have been net sellers, collectively disposing of Mex$406m more than they bought in the last 12 months. 공시 • Jul 23
Coupang, Inc. to Report Q2, 2025 Results on Aug 05, 2025 Coupang, Inc. announced that they will report Q2, 2025 results After-Market on Aug 05, 2025 Recent Insider Transactions • May 16
Insider recently sold Mex$36m worth of stock On the 8th of May, Hanseung Kang sold around 70k shares on-market at roughly Mex$511 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$131m. Insiders have been net sellers, collectively disposing of Mex$326m more than they bought in the last 12 months. 공시 • May 08
Coupang, Inc. (NYSE:CPNG) announces an Equity Buyback for $1,000 million worth of its shares. Coupang, Inc. (NYSE:CPNG) announces a share repurchase program. Under the program, the company will repurchase up to $1,000 million worth of its Class A common stock. The repurchase program has no expiration date. 공시 • Apr 29
Coupang, Inc., Annual General Meeting, Jun 12, 2025 Coupang, Inc., Annual General Meeting, Jun 12, 2025. 공시 • Apr 23
Coupang, Inc. to Report Q1, 2025 Results on May 06, 2025 Coupang, Inc. announced that they will report Q1, 2025 results After-Market on May 06, 2025 Recent Insider Transactions • Mar 22
Insider recently sold Mex$18m worth of stock On the 17th of March, Hanseung Kang sold around 40k shares on-market at roughly Mex$457 per share. This transaction amounted to 7.3% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$131m. Insiders have been net sellers, collectively disposing of Mex$281m more than they bought in the last 12 months. Recent Insider Transactions • Mar 14
Insider recently sold Mex$131m worth of stock On the 5th of March, Harold L. Rogers sold around 274k shares on-market at roughly Mex$479 per share. This transaction amounted to 59% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$305m more than they bought in the last 12 months. Recent Insider Transactions • Mar 02
Insider recently sold Mex$3.6m worth of stock On the 27th of February, Pranam Kolari sold around 7k shares on-market at roughly Mex$507 per share. This transaction amounted to 5.2% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth Mex$4.0m. Insiders have been net sellers, collectively disposing of Mex$190m more than they bought in the last 12 months. Reported Earnings • Mar 01
Full year 2024 earnings released: EPS: US$0.086 (vs US$0.76 in FY 2023) Full year 2024 results: EPS: US$0.086 (down from US$0.76 in FY 2023). Revenue: US$30.3b (up 24% from FY 2023). Net income: US$154.0m (down 89% from FY 2023). Profit margin: 0.5% (down from 5.6% in FY 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Global Multiline Retail industry. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Feb 12
Insider recently sold Mex$4.0m worth of stock On the 3rd of February, Pranam Kolari sold around 8k shares on-market at roughly Mex$470 per share. This transaction amounted to 5.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$186m more than they bought in the last 12 months. 공시 • Feb 12
Coupang, Inc. to Report Q4, 2024 Results on Feb 25, 2025 Coupang, Inc. announced that they will report Q4, 2024 results After-Market on Feb 25, 2025 Recent Insider Transactions • Feb 05
Insider recently sold Mex$4.0m worth of stock On the 3rd of February, Pranam Kolari sold around 8k shares on-market at roughly Mex$470 per share. This transaction amounted to 5.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$186m more than they bought in the last 12 months. Recent Insider Transactions • Nov 07
Insider recently sold Mex$5.9m worth of stock On the 4th of November, Pranam Kolari sold around 12k shares on-market at roughly Mex$509 per share. This transaction amounted to 7.1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$87m. Insiders have been net sellers, collectively disposing of Mex$181m more than they bought in the last 12 months. Reported Earnings • Nov 06
Third quarter 2024 earnings released: EPS: US$0.039 (vs US$0.051 in 3Q 2023) Third quarter 2024 results: EPS: US$0.039 (down from US$0.051 in 3Q 2023). Revenue: US$7.87b (up 27% from 3Q 2023). Net income: US$70.0m (down 23% from 3Q 2023). Profit margin: 0.9% (down from 1.5% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Global Multiline Retail industry. 공시 • Oct 23
Coupang, Inc. to Report Q3, 2024 Results on Nov 05, 2024 Coupang, Inc. announced that they will report Q3, 2024 results After-Market on Nov 05, 2024 Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to Mex$445, the stock trades at a forward P/E ratio of 87x. Average forward P/E is 14x in the Multiline Retail industry globally. Recent Insider Transactions • Aug 15
Chief Financial Officer recently sold Mex$87m worth of stock On the 13th of August, Gaurav Anand sold around 200k shares on-market at roughly Mex$434 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Gaurav's only on-market trade for the last 12 months. Reported Earnings • Aug 07
Second quarter 2024 earnings released: US$0.043 loss per share (vs US$0.082 profit in 2Q 2023) Second quarter 2024 results: US$0.043 loss per share (down from US$0.082 profit in 2Q 2023). Revenue: US$7.32b (up 25% from 2Q 2023). Net loss: US$77.0m (down 153% from profit in 2Q 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Global Multiline Retail industry. Recent Insider Transactions • Aug 06
Insider recently sold Mex$4.0m worth of stock On the 2nd of August, Pranam Kolari sold around 10k shares on-market at roughly Mex$379 per share. This transaction amounted to 5.8% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$16m. Insiders have been net sellers, collectively disposing of Mex$87m more than they bought in the last 12 months. 공시 • Jul 24
Coupang, Inc. to Report Q2, 2024 Results on Aug 06, 2024 Coupang, Inc. announced that they will report Q2, 2024 results After-Market on Aug 06, 2024 공시 • Jun 26
Coupang, Inc. Appoints Asha Sharma to Board of Directors Coupang, Inc. announced that it has appointed Asha Sharma to the company’s Board of Directors. Her prior executive leadership roles focused on building and scaling world-class consumer innovations at Meta and driving operational excellence at Instacart. Prior to Microsoft, Sharma served as Chief Operating Officer of Instacart, where she helped lead the company through its IPO and into profitability while helping it grow into the largest fresh grocery delivery company in North America. Before Instacart, she served as VP of Product at Meta, where she helped build and scale Facebook Messenger to billions of users. Sharma, who earned a Bachelor of Science in Business from the University of Minnesota, began her career in marketing at Microsoft. Recent Insider Transactions • Jun 03
Insider recently sold Mex$16m worth of stock On the 30th of May, Hanseung Kang sold around 40k shares on-market at roughly Mex$389 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$43m. Insiders have been net sellers, collectively disposing of Mex$126m more than they bought in the last 12 months. Recent Insider Transactions • May 23
Insider recently sold Mex$2.5m worth of stock On the 20th of May, Pranam Kolari sold around 6k shares on-market at roughly Mex$380 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$43m. Insiders have been net sellers, collectively disposing of Mex$111m more than they bought in the last 12 months. Recent Insider Transactions • May 15
Chief Accounting Officer recently sold Mex$1.8m worth of stock On the 9th of May, Jonathan Lee sold around 5k shares on-market at roughly Mex$362 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$43m. Insiders have been net sellers, collectively disposing of Mex$110m more than they bought in the last 12 months. 공시 • Apr 28
Coupang, Inc., Annual General Meeting, Jun 13, 2024 Coupang, Inc., Annual General Meeting, Jun 13, 2024, at 17:00 Pacific Standard Time. Agenda: To elect the seven director nominees named herein; to ratify the appointment of Samil PricewaterhouseCoopers as independent registered public accounting firm for the fiscal year ending December 31, 2024; to consider a non-binding vote to approve the compensation of named executive officers; and to consider such other business as may properly come before the Annual Meeting. 공시 • Apr 24
Coupang, Inc. to Report Q1, 2024 Results on May 07, 2024 Coupang, Inc. announced that they will report Q1, 2024 results After-Market on May 07, 2024 Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to Mex$362, the stock trades at a forward P/E ratio of 77x. Average forward P/E is 14x in the Multiline Retail industry globally. Simply Wall St's valuation model estimates the intrinsic value at Mex$443 per share. Recent Insider Transactions • Mar 14
Insider recently sold Mex$16m worth of stock On the 12th of March, Hanseung Kang sold around 48k shares on-market at roughly Mex$324 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$114m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to Mex$320, the stock trades at a forward P/E ratio of 64x. Average forward P/E is 14x in the Multiline Retail industry globally. Simply Wall St's valuation model estimates the intrinsic value at Mex$396 per share. Reported Earnings • Feb 28
Full year 2023 earnings released: EPS: US$0.76 (vs US$0.052 loss in FY 2022) Full year 2023 results: EPS: US$0.76 (up from US$0.052 loss in FY 2022). Revenue: US$24.4b (up 19% from FY 2022). Net income: US$1.36b (up US$1.45b from FY 2022). Profit margin: 5.6% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Global Multiline Retail industry. 공시 • Feb 14
Coupang, Inc. to Report Q4, 2023 Results on Feb 27, 2024 Coupang, Inc. announced that they will report Q4, 2023 results After-Market on Feb 27, 2024 공시 • Feb 02
Coupang, Inc. (NYSE:CPNG) acquired Assets of Farfetch Holdings Plc. Coupang, Inc. (NYSE:CPNG) acquired Assets of Farfetch Holdings Plc on January 31, 2024.Coupang, Inc. (NYSE:CPNG) completed the acquisition of Assets of Farfetch Holdings Plc on January 31, 2024. J.P. Morgan Securities plc acted as financial advisor to Farfetch Holdings PLC. Reported Earnings • Nov 10
Third quarter 2023 earnings released: EPS: US$0.051 (vs US$0.051 in 3Q 2022) Third quarter 2023 results: EPS: US$0.051 (in line with 3Q 2022). Revenue: US$6.18b (up 21% from 3Q 2022). Net income: US$91.3m (flat on 3Q 2022). Profit margin: 1.5% (down from 1.8% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Global Multiline Retail industry. Buying Opportunity • Nov 08
Now 24% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be Mex$357, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 30% in 2 years. Earnings is forecast to grow by 124% in the next 2 years. 공시 • Oct 25
Coupang, Inc. to Report Q3, 2023 Results on Nov 07, 2023 Coupang, Inc. announced that they will report Q3, 2023 results After-Market on Nov 07, 2023 Recent Insider Transactions • Oct 06
Officer recently sold Mex$1.4m worth of stock On the 2nd of October, Tae-Jung Kim sold around 5k shares on-market at roughly Mex$297 per share. This transaction amounted to 2.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$211m more than they bought in the last 12 months. 공시 • Jul 26
Coupang, Inc. to Report Q2, 2023 Results on Aug 08, 2023 Coupang, Inc. announced that they will report Q2, 2023 results After-Market on Aug 08, 2023 Recent Insider Transactions • May 17
Insider recently sold Mex$49m worth of stock On the 15th of May, Hanseung Kang sold around 174k shares on-market at roughly Mex$281 per share. This transaction amounted to 41% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$302m more than they bought in the last 12 months. Reported Earnings • May 11
First quarter 2023 earnings released: EPS: US$0.051 (vs US$0.12 loss in 1Q 2022) First quarter 2023 results: EPS: US$0.051 (up from US$0.12 loss in 1Q 2022). Revenue: US$5.80b (up 13% from 1Q 2022). Net income: US$90.9m (up US$300.1m from 1Q 2022). Profit margin: 1.6% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Multiline Retail industry in South America. 공시 • Feb 15
Coupang, Inc. to Report Q4, 2022 Results on Feb 28, 2023 Coupang, Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 28, 2023 Recent Insider Transactions • Dec 10
Independent Director recently sold Mex$143m worth of stock On the 1st of December, Benjamin Sun sold around 373k shares on-market at roughly Mex$383 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$367m more than they bought in the last 12 months. Recent Insider Transactions • Dec 02
Independent Director recently sold Mex$10m worth of stock On the 28th of November, Benjamin Sun sold around 27k shares on-market at roughly Mex$387 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth Mex$19m. Insiders have been net sellers, collectively disposing of Mex$224m more than they bought in the last 12 months. Breakeven Date Change • Nov 25
Forecast breakeven date moved forward to 2023 The 14 analysts covering Coupang previously expected the company to break even in 2024. New consensus forecast suggests losses will reduce by 92% to 2022. The company is expected to make a profit of US$235.9m in 2023. Average annual earnings growth of 76% is required to achieve expected profit on schedule. Breakeven Date Change • Nov 11
Forecast breakeven date moved forward to 2023 The 14 analysts covering Coupang previously expected the company to break even in 2024. New consensus forecast suggests losses will reduce by 90% to 2022. The company is expected to make a profit of US$58.1m in 2023. Average annual earnings growth of 73% is required to achieve expected profit on schedule. Reported Earnings • Nov 10
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: US$5.10b (up 9.8% from 3Q 2021). Net income: US$90.7m (up US$414.7m from 3Q 2021). Profit margin: 1.8% (up from net loss in 3Q 2021). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Online Retail industry in South America. Reported Earnings • Aug 11
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: US$5.04b (up 13% from 2Q 2021). Net loss: US$75.5m (loss narrowed 85% from 2Q 2021). Over the next year, revenue is forecast to grow 18%, compared to a 28% growth forecast for the industry in Mexico. Recent Insider Transactions • Jul 08
Chief Technology Officer recently sold Mex$35m worth of stock On the 7th of July, Thuan Pham sold around 120k shares on-market at roughly Mex$294 per share. In the last 3 months, there was an even bigger sale from another insider worth Mex$66m. Insiders have been net sellers, collectively disposing of Mex$604m more than they bought in the last 12 months. Recent Insider Transactions • May 26
Independent Director recently sold Mex$66m worth of stock On the 18th of May, Benjamin Sun sold around 250k shares on-market at roughly Mex$263 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$569m more than they bought in the last 12 months. Recent Insider Transactions • Apr 07
Chief Technology Officer recently sold Mex$45m worth of stock On the 4th of April, Thuan Pham sold around 120k shares on-market at roughly Mex$375 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$523m more than they bought in the last 12 months. Board Change • Mar 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Lead Independent Director Neil Mehta was the last independent director to join the board, commencing their role in 2010. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 04
Full year 2021 earnings: Revenues in line with analyst expectations Full year 2021 results: Revenue: US$18.4b (up 54% from FY 2020). Net loss: US$1.54b (loss widened 172% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 32%, compared to a 45% growth forecast for the retail industry in Mexico. Recent Insider Transactions • Jan 08
Chief Technology Officer recently sold Mex$69m worth of stock On the 6th of January, Thuan Pham sold around 121k shares on-market at roughly Mex$565 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$478m more than they bought in the last 12 months. Breakeven Date Change • Jan 06
Forecast to breakeven in 2024 The 12 analysts covering Coupang expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$378.3m in 2024. Average annual earnings growth of 65% is required to achieve expected profit on schedule. Board Change • Jan 06
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Lead Independent Director Neil Mehta was the last independent director to join the board, commencing their role in 2010. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 04
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Director Harry You was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 18
Third quarter 2021 earnings released: US$0.18 loss per share The company reported a soft third quarter result with weaker control over costs, although losses were stable and revenues were flat. Third quarter 2021 results: Revenue: US$4.64b (flat on 3Q 2020). Net loss: US$324.0m (flat on 3Q 2020). Board Change • Nov 18
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Director Harry You was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 
