Yelp (YELP) FY2016 results: revenue $716 million, up 30.3% on the year
Yelp Inc. (YELP) reported revenue of $716 million for fiscal 2016, the year ended 31 December 2016, up 30.3% on the year before. Net income was -$2 million, and diluted earnings per share $-0.02. The figures are the company's own, from the 10-K it filed with the SEC on 1 March 2019.
Revenue
$716 million
+30.3% on the year
FY2010FY2016
Operating margin
-0.3%
-3.9% a year earlier
FY2010FY2016
Net income
-$2 million
FY2010FY2016
Diluted EPS
-$0.02
FY2010FY2016
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Revenue
716
550
378
+30.3%
Cost of revenue
60.4
51.0
24.4
+18.3%
Gross profit
656
499
353
+31.5%
Gross margin
91.6%
90.7%
93.5%
Research and development
133
105
65.2
+27.1%
Operating income
-2.0
-21.3
11.1
Operating margin
-0.3%
-3.9%
2.9%
Pre-tax income
-0.3
-20.9
11.3
Income tax
1.4
12.0
-25.2
-88.4%
Effective tax rate
n/a
n/a
-223.3%
Net income
-1.7
-32.9
36.5
Net margin
-0.2%
-6.0%
9.7%
Diluted EPS
-$0.02
-$0.44
$0.48
$ 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
FY2016
FY2015
FY2014
On the year
Last 8 years
Operating cash flow
127
57.4
57.9
+121.2%
Capital expenditure
23.0
31.1
29.1
-26.1%
Free cash flow
104
26.2
28.9
+296.1%
Free cash flow margin
14.5%
4.8%
7.6%
Cash from investing
-54.7
-159
n/a
Cash from financing
29.5
26.4
n/a
+11.6%
Depreciation and amortisation
35.3
29.6
17.6
+19.4%
Share-based compensation
86.3
60.8
42.3
+41.8%
Buybacks
0.0
0.5
1.3
Diluted shares, weighted
77m
75m
77m
+3.4%
Shares outstanding at period end
79m
76m
73m
+4.5%
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
816
700
588
+16.7%
Debt
17.6
12.0
7.5
+46.5%
Other liabilities
51.4
43.8
34.0
+17.5%
Total liabilities and equity
885
755
630
+17.2%
Fixed assets
92.4
80.5
62.8
+14.9%
Goodwill
171
172
67.3
-0.9%
Intangible assets
32.6
39.3
5.8
-17.0%
Investments
207
199
157
+4.1%
Cash and equivalents
272
172
247
+58.6%
Receivables
68.7
52.8
35.6
+30.3%
Other assets
41.2
39.9
53.8
+3.4%
Total assets
885
755
630
+17.2%
10-K for the year ended 31 December 2016, filed 1 March 2019: the filing.