Yelp (YELP) FY2015 results: revenue $550 million, up 45.6% on the year
Yelp Inc. (YELP) reported revenue of $550 million for fiscal 2015, the year ended 31 December 2015, up 45.6% on the year before. Net income was -$33 million, and diluted earnings per share $-0.44. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2016.
Revenue
$550 million
+45.6% on the year
FY2010FY2015
Operating margin
-3.9%
2.9% a year earlier
FY2010FY2015
Net income
-$33 million
FY2010FY2015
Diluted EPS
-$0.44
FY2010FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
550
378
233
+45.6%
Cost of revenue
51.0
24.4
16.6
+109.2%
Gross profit
499
353
216
+41.2%
Gross margin
90.7%
93.5%
92.9%
Research and development
105
65.2
38.2
+60.6%
Operating income
-21.3
11.1
-8.8
Operating margin
-3.9%
2.9%
-3.8%
Pre-tax income
-20.9
11.3
-9.2
Income tax
12.0
-25.2
0.8
Effective tax rate
n/a
-223.3%
n/a
Net income
-32.9
36.5
-10.1
Net margin
-6.0%
9.7%
-4.3%
Diluted EPS
-$0.44
$0.48
-$0.15
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
57.4
57.9
21.4
-1.0%
Capital expenditure
31.1
29.1
16.2
+7.1%
Free cash flow
26.2
28.9
5.2
-9.2%
Free cash flow margin
4.8%
7.6%
2.2%
Cash from investing
-159
n/a
-18.8
Cash from financing
26.4
n/a
292
Depreciation and amortisation
29.6
17.6
11.5
+68.3%
Share-based compensation
60.8
42.3
26.7
+43.9%
Buybacks
0.5
1.3
0.7
-63.4%
Diluted shares, weighted
75m
77m
66m
-2.6%
Shares outstanding at period end
76m
73m
71m
+4.2%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
700
588
486
+19.0%
Debt
12.0
7.5
4.5
+59.8%
Other liabilities
43.8
34.0
25.0
+28.9%
Total liabilities and equity
755
630
516
+20.0%
Fixed assets
80.5
62.8
30.7
+28.2%
Goodwill
172
67.3
59.7
+155.8%
Intangible assets
39.3
5.8
5.2
+579.1%
Investments
199
157
n/a
+26.8%
Cash and equivalents
172
247
390
-30.6%
Receivables
52.8
35.6
21.3
+48.2%
Other assets
39.9
53.8
9.3
-25.8%
Total assets
755
630
516
+20.0%
10-K for the year ended 31 December 2015, filed 24 February 2016: the filing.