Announcement • Apr 23
Groupon, Inc. to Report Q1, 2026 Results on May 07, 2026 Groupon, Inc. announced that they will report Q1, 2026 results After-Market on May 07, 2026 Announcement • Apr 15
Groupon, Inc., Annual General Meeting, Jun 11, 2026 Groupon, Inc., Annual General Meeting, Jun 11, 2026. Location: winston & strawn llp, 300 north lasalle drive, suite 4600, illinois 60654., chicago United States Announcement • Feb 25
Groupon, Inc. to Report Q4, 2025 Results on Mar 10, 2026 Groupon, Inc. announced that they will report Q4, 2025 results After-Market on Mar 10, 2026 Announcement • Oct 29
Groupon, Inc. to Report Q3, 2025 Results on Nov 06, 2025 Groupon, Inc. announced that they will report Q3, 2025 results After-Market on Nov 06, 2025 Announcement • Jul 29
Groupon, Inc. to Report Q2, 2025 Results on Aug 06, 2025 Groupon, Inc. announced that they will report Q2, 2025 results After-Market on Aug 06, 2025 Announcement • Apr 30
Groupon, Inc., Annual General Meeting, Jun 11, 2025 Groupon, Inc., Annual General Meeting, Jun 11, 2025. Location: winston & strawn llp, 35 west wacker drive, illinois 60601, chicago, United States Announcement • Apr 29
Groupon, Inc. to Report Q1, 2025 Results on May 07, 2025 Groupon, Inc. announced that they will report Q1, 2025 results After-Market on May 07, 2025 Announcement • Apr 15
Recharge B.V. acquired Giftcloud Limited from Groupon, Inc. (NasdaqGS:GRPN). Recharge B.V. acquired Giftcloud Limited from Groupon, Inc. (NasdaqGS:GRPN) on April 15, 2025. This transaction is a strategic move to enhance Recharge's presence in the B2B digital rewards market and expand its service offerings to business clients across Europe. Recharge secured a €45 million acquisition facility with ABN AMRO to fuel its international M&A activity.
Recharge B.V. completed the acquisition of Giftcloud Limited from Groupon, Inc. (NasdaqGS:GRPN) on April 15, 2025. Announcement • Mar 05
Groupon, Inc. to Report Q4, 2024 Results on Mar 11, 2025 Groupon, Inc. announced that they will report Q4, 2024 results After-Market on Mar 11, 2025 New Risk • Nov 14
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (25% increase in shares outstanding). New Risk • Nov 14
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (25% increase in shares outstanding). Reported Earnings • Nov 14
Third quarter 2024 earnings released: EPS: US$0.35 (vs US$1.31 loss in 3Q 2023) Third quarter 2024 results: EPS: US$0.35 (up from US$1.31 loss in 3Q 2023). Revenue: US$114.5m (down 9.5% from 3Q 2023). Net income: US$13.9m (up US$55.3m from 3Q 2023). Profit margin: 12% (up from net loss in 3Q 2023). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings. Announcement • Nov 04
Groupon, Inc. to Report Q3, 2024 Results on Nov 12, 2024 Groupon, Inc. announced that they will report Q3, 2024 results After-Market on Nov 12, 2024 New Risk • Oct 03
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 40% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 40% per year for the foreseeable future. Minor Risks Currently unprofitable and not forecast to become profitable next year (US$51m net loss next year). Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (27% increase in shares outstanding). Recent Insider Transactions • Aug 10
Independent Director recently bought €146k worth of stock On the 8th of August, Jason Harinstein bought around 15k shares on-market at roughly €9.73 per share. This transaction amounted to 37% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €98k more in shares than they have sold in the last 12 months. Reported Earnings • Jul 31
Second quarter 2024 earnings released: US$0.25 loss per share (vs US$0.41 loss in 2Q 2023) Second quarter 2024 results: US$0.25 loss per share (improved from US$0.41 loss in 2Q 2023). Revenue: US$124.6m (down 3.5% from 2Q 2023). Net loss: US$10.0m (loss narrowed 20% from 2Q 2023). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Announcement • Jul 24
Groupon, Inc. to Report Q2, 2024 Results on Jul 30, 2024 Groupon, Inc. announced that they will report Q2, 2024 results After-Market on Jul 30, 2024 New Risk • Jun 28
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: US$39m Forecast net loss in 2 years: US$44m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$44m net loss in 2 years). Shareholders have been diluted in the past year (28% increase in shares outstanding). Reported Earnings • May 11
First quarter 2024 earnings released: US$0.33 loss per share (vs US$0.95 loss in 1Q 2023) First quarter 2024 results: US$0.33 loss per share (improved from US$0.95 loss in 1Q 2023). Revenue: US$123.1m (up 1.2% from 1Q 2023). Net loss: US$12.3m (loss narrowed 58% from 1Q 2023). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 35% per year, which means it has not declined as severely as earnings. New Risk • May 10
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 22% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings are forecast to decline by an average of 22% per year for the foreseeable future. Minor Risks Negative equity (-US$40m). Currently unprofitable and not forecast to become profitable over next 2 years (US$90m net loss in 2 years). Shareholders have been diluted in the past year (27% increase in shares outstanding). Announcement • May 10
Groupon, Inc. Appoints Dusan Senkypl as Permanent CEO Groupon, Inc. announced that interim Chief Executive Officer Dusan Senkypl was named permanent CEO. Mr. Senkypl, an entrepreneur based in the Czech Republic with a track record of building successful internet products and creating shareholder value, has served as the company's Interim CEO since March 2023 and as a member of the Groupon Board of Directors since June 2022. Mr. Senkypl is a Co-Founder and Partner of Pale Fire Capital. In March 2023, Mr. Senkypl stepped down from his day-to-day responsibilities as CEO of Pale Fire Capital to lead Groupon's transformation. Announcement • Mar 16
Groupon, Inc. Provides Earnings Guidance for the First Quarter, First Half, Second Half and Full Year of 2024 Groupon, Inc. provides earnings guidance for the first quarter, first half, second half and full year of 2024 . For the quarter, the company expects Revenues between $113 million and $118 million, or decline year-over-year between minus 7% and minus 8%.For the first half, the company expects revenues to decline year-over-year.For the second half, the company expects revenues to grow year-over-year.For the year, the company expects Year-over-year revenue change at minus 5% to 0%. Reported Earnings • Mar 16
Full year 2023 earnings released: US$1.77 loss per share (vs US$7.88 loss in FY 2022) Full year 2023 results: US$1.77 loss per share (improved from US$7.88 loss in FY 2022). Revenue: US$514.9m (down 14% from FY 2022). Net loss: US$55.4m (loss narrowed 77% from FY 2022). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 25% per year whereas the company’s share price has fallen by 30% per year. Announcement • Feb 29
Groupon, Inc. to Report Q4, 2023 Results on Mar 15, 2024 Groupon, Inc. announced that they will report Q4, 2023 results Pre-Market on Mar 15, 2024 Announcement • Jan 22
Groupon, Inc. has completed a Follow-on Equity Offering in the amount of $80 million. Groupon, Inc. has completed a Follow-on Equity Offering in the amount of $80 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 7,079,646
Price\Range: $11.3
Transaction Features: Rights Offering Announcement • Jan 13
Groupon, Inc. Updates Guidance for Fourth Quarter 2023 Reaffirms Earnings Guidance for Year 2024 Groupon, Inc. updated guidance for fourth quarter 2023 reaffirmed earnings Guidance for year 2024. For the fourth quarter 2023, revenues to be close to, or above, the high-end of company's guidance.The company reaffirmed its previously issued preliminary outlook and continue to expect revenue growth of -5% to 0% compared to 2023. New Risk • Nov 12
New major risk - Revenue and earnings growth Earnings have declined by 15% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 15% per year over the past 5 years. Minor Risks Negative equity (-US$49m). Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Announcement • Nov 11
Groupon, Inc. has filed a Follow-on Equity Offering in the amount of $80 million. Groupon, Inc. has filed a Follow-on Equity Offering in the amount of $80 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 7,079,646
Price\Range: $11.3
Transaction Features: Rights Offering Reported Earnings • Nov 10
Third quarter 2023 earnings released: US$1.31 loss per share (vs US$1.86 loss in 3Q 2022) Third quarter 2023 results: US$1.31 loss per share (improved from US$1.86 loss in 3Q 2022). Revenue: US$126.5m (down 12% from 3Q 2022). Net loss: US$41.4m (loss narrowed 26% from 3Q 2022). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 14% per year. Announcement • Oct 13
Groupon, Inc. to Report Q3, 2023 Results on Nov 09, 2023 Groupon, Inc. announced that they will report Q3, 2023 results After-Market on Nov 09, 2023 New Risk • Sep 19
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$174m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$174m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risks Negative equity (-US$25m). Shareholders have been diluted in the past year (3.2% increase in shares outstanding). Announcement • Sep 08
Windward Management Sends a Letter to Groupon, Inc On September 7, 2023, Windward Management LP announced that it sent a letter Dusan Senkypyl, Groupon, Inc’s Chief Executive Officer, expressing conviction in the Company’s recovery and explaining how the Company is significantly undervalued. Reported Earnings • Aug 10
Second quarter 2023 earnings released: US$0.41 loss per share (vs US$3.04 loss in 2Q 2022) Second quarter 2023 results: US$0.41 loss per share (improved from US$3.04 loss in 2Q 2022). Revenue: US$129.1m (down 16% from 2Q 2022). Net loss: US$12.6m (loss narrowed 86% from 2Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 11% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Buying Opportunity • Aug 02
Now 20% undervalued Over the last 90 days, the stock is up 138%. The fair value is estimated to be €8.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 42% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 11% in 2 years. Earnings is forecast to grow by 94% in the next 2 years. Announcement • Jul 25
Groupon, Inc. to Report Q2, 2023 Results on Aug 09, 2023 Groupon, Inc. announced that they will report Q2, 2023 results After-Market on Aug 09, 2023 Buying Opportunity • Jul 17
Now 28% undervalued Over the last 90 days, the stock is up 49%. The fair value is estimated to be €7.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 42% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 11% in 2 years. Earnings is forecast to grow by 94% in the next 2 years. Buying Opportunity • Jul 01
Now 23% undervalued Over the last 90 days, the stock is up 45%. The fair value is estimated to be €7.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 42% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 11% in 2 years. Earnings is forecast to grow by 94% in the next 2 years. Buying Opportunity • Jun 08
Now 24% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €6.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 42% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 11% in 2 years. Earnings is forecast to grow by 94% in the next 2 years. Reported Earnings • May 11
First quarter 2023 earnings released: US$0.95 loss per share (vs US$1.17 loss in 1Q 2022) First quarter 2023 results: US$0.95 loss per share (improved from US$1.17 loss in 1Q 2022). Revenue: US$121.6m (down 21% from 1Q 2022). Net loss: US$29.1m (loss narrowed 16% from 1Q 2022). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 17
Full year 2022 earnings released: US$7.88 loss per share (vs US$4.04 profit in FY 2021) Full year 2022 results: US$7.88 loss per share (down from US$4.04 profit in FY 2021). Revenue: US$599.1m (down 38% from FY 2021). Net loss: US$237.6m (down 300% from profit in FY 2021). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Online Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Announcement • Feb 18
Groupon, Inc. Announces Resignation of Dane Drobny as Chief Administrative Officer, General Counsel, and Corporate Secretary, Effective from February 24, 2023 On February 10, 2023, Dane Drobny, Chief Administrative Officer, General Counsel, and Corporate Secretary of Groupon, Inc. (the “Company”), notified the Company of his decision to resign his employment with the Company, effective February 24, 2023. As Mr. Drobny is resigning voluntarily from the Company, he will receive no benefits under his severance benefit agreement in connection with his resignation. Reported Earnings • Nov 09
Third quarter 2022 earnings released: US$1.86 loss per share (vs US$2.64 profit in 3Q 2021) Third quarter 2022 results: US$1.86 loss per share (down from US$2.64 profit in 3Q 2021). Revenue: US$144.4m (down 33% from 3Q 2021). Net loss: US$56.2m (down 172% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 49% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 09
Second quarter 2022 earnings released: US$3.04 loss per share (vs US$0.12 loss in 2Q 2021) Second quarter 2022 results: US$3.04 loss per share (down from US$0.12 loss in 2Q 2021). Revenue: US$153.2m (down 42% from 2Q 2021). Net loss: US$91.2m (loss widened US$87.8m from 2Q 2021). Over the next year, revenue is expected to shrink by 2.7% compared to a 32% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 08
Investor sentiment improved over the past week After last week's 18% share price gain to €12.10, the stock trades at a trailing P/E ratio of 5.5x. Average forward P/E is 15x in the Online Retail industry in Germany. Total loss to shareholders of 72% over the past three years. Board Change • Aug 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Dusan Senkypl was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €8.81, the stock trades at a trailing P/E ratio of 4.2x. Average forward P/E is 17x in the Online Retail industry in Germany. Total loss to shareholders of 85% over the past three years. Board Change • Jul 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Dusan Senkypl was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment deteriorated over the past week After last week's 24% share price decline to €11.23, the stock trades at a trailing P/E ratio of 4.9x. Average forward P/E is 17x in the Online Retail industry in Germany. Total loss to shareholders of 82% over the past three years. Recent Insider Transactions • May 27
Insider recently bought €2.7m worth of stock On the 24th of May, Jan Barta bought around 249k shares on-market at roughly €10.86 per share. In the last 3 months, they made an even bigger purchase worth €13m. Insiders have collectively bought €61m more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • May 23
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €11.86, the stock trades at a trailing P/E ratio of 5.2x. Average forward P/E is 17x in the Online Retail industry in Germany. Total loss to shareholders of 81% over the past three years. Recent Insider Transactions • May 12
Insider recently bought €13m worth of stock On the 10th of May, Jan Barta bought around 941k shares on-market at roughly €13.56 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €38m more in shares than they have sold in the last 12 months. Reported Earnings • May 11
First quarter 2022 earnings released: US$1.17 loss per share (vs US$0.50 profit in 1Q 2021) First quarter 2022 results: US$1.17 loss per share (down from US$0.50 profit in 1Q 2021). Revenue: US$153.3m (down 42% from 1Q 2021). Net loss: US$34.9m (down 339% from profit in 1Q 2021). Over the next year, revenue is expected to shrink by 17% compared to a 28% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Apr 29
Insider recently bought €3.8m worth of stock On the 21st of April, Dusan Senkypl bought around 206k shares on-market at roughly €18.61 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €15m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Apr 23
Insider recently bought €3.8m worth of stock On the 21st of April, Dusan Senkypl bought around 206k shares on-market at roughly €18.61 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €15m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Apr 09
Insider recently bought €1.6m worth of stock On the 7th of April, Dusan Senkypl bought around 99k shares on-market at roughly €16.32 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €3.9m more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment deteriorated over the past week After last week's 20% share price decline to €16.13, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 14x in the Online Retail industry in Europe. Total loss to shareholders of 73% over the past three years. Reported Earnings • Mar 02
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$4.04 (up from US$10.08 loss in FY 2020). Revenue: US$967.1m (down 32% from FY 2020). Net income: US$118.7m (up US$407.0m from FY 2020). Profit margin: 12% (up from net loss in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 7.3%, compared to a 46% growth forecast for the retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment improved over the past week After last week's 26% share price gain to €24.40, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 17x in the Online Retail industry in Europe. Total loss to shareholders of 63% over the past three years. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improved over the past week After last week's 18% share price gain to €22.32, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the Online Retail industry in Europe. Total loss to shareholders of 56% over the past three years. Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €19.50, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 19x in the Online Retail industry in Europe. Total loss to shareholders of 64% over the past three years. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improved over the past week After last week's 15% share price gain to €23.68, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 23x in the Online Retail industry in Germany. Total loss to shareholders of 52% over the past three years. Reported Earnings • Nov 05
Third quarter 2021 earnings released: EPS US$2.64 (vs US$0.57 loss in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: US$214.2m (down 30% from 3Q 2020). Net income: US$78.1m (up US$94.4m from 3Q 2020). Profit margin: 37% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings. Executive Departure • Sep 23
Chief Accounting Officer Jeremy Herauf has left the company On the 17th of September, Jeremy Herauf's tenure as Chief Accounting Officer ended after less than a year in the role. As of June 2021, Jeremy still personally held 8.94k shares (€338k worth at the time). A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 1.33 years, which is considered inexperienced in the Simply Wall St Risk Model. Reported Earnings • Aug 08
Second quarter 2021 earnings released: US$0.12 loss per share (vs US$2.53 loss in 2Q 2020) The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were weaker. Second quarter 2021 results: Revenue: US$266.0m (down 33% from 2Q 2020). Net loss: US$3.38m (loss narrowed 95% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings. Reported Earnings • May 09
First quarter 2021 earnings released: EPS US$0.50 (vs US$7.54 loss in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: US$263.8m (down 30% from 1Q 2020). Net income: US$14.6m (up US$228.5m from 1Q 2020). Profit margin: 5.5% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Mar 02
New 90-day high: €37.30 The company is up 52% from its price of €24.60 on 02 December 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €60.19 per share. Reported Earnings • Feb 27
Full year 2020 earnings released: US$10.08 loss per share (vs US$0.88 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: US$1.42b (down 36% from FY 2019). Net loss: US$288.3m (loss widened US$263.3m from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Analyst Estimate Surprise Post Earnings • Feb 27
Revenue beats expectations Revenue exceeded analyst estimates by 2.9%. Over the next year, revenue is expected to shrink by 34% compared to a 56% growth forecast for the Online Retail industry in Germany. Is New 90 Day High Low • Feb 06
New 90-day high: €32.40 The company is up 72% from its price of €18.80 on 06 November 2020. The German market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €34.00 per share. Is New 90 Day High Low • Dec 30
New 90-day high: €32.10 The company is up 89% from its price of €17.00 on 01 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €23.26 per share. Is New 90 Day High Low • Dec 11
New 90-day high: €29.60 The company is up 6.0% from its price of €28.00 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Online Retail industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €23.12 per share. Reported Earnings • Nov 07
Third quarter 2020 earnings released: US$0.57 loss per share The company reported a soft third quarter result with weaker revenues and control over expenses, though losses reduced. Third quarter 2020 results: Revenue: US$304.0m (down 39% from 3Q 2019). Net loss: US$16.3m (loss narrowed 2.5% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 88% per year but the company’s share price has only fallen by 41% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Nov 07
Revenue misses expectations Revenue missed analyst estimates by 2.0%. Over the next year, revenue is expected to shrink by 34% compared to a 47% growth forecast for the Online Retail industry in Germany. 
