facebookAnyone taken a look at pinterest financials from their filing to go public?Things to note? - Seedly

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Anonymous

23 Apr 2019

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General Investing

Anyone taken a look at pinterest financials from their filing to go public?Things to note?

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Ah, that platform that people go to to create things like wedding mood boards.

Here are some interesting facts from Pinterest's (Ticker: PINS) financials:

  • For year ended Dec 31. 2018: Revenue of $755.9 million up from $472.8 million in 2017
  • 265 million monthly active users (MAUs) as of late last year, bringing in some $700 million in ad revenue in 2018
  • Doubled its MAU count since early 2016, hitting 265 million late last year
  • Pinterest's largest group of MAUs came from outside the U.S., with about 184 million (compared with 82 million in the U.S.)
  • That said, U.S. users generate far more revenue for the company
  • Global average revenue per user (ARPU) in the year ended December 31, 2018 was $3.14, up 25 percent YoY
  • U.S. ARPU was at $9.04, a 47 percent increase YoY
  • Net loss shrank to $62.9 million last year from $130 million in 2017

Capital raised:

  • Raised around $1.5 billion from VCs
  • Key stakeholders include Bessemer Venture Partners, FirstMark Capital, Andreessen Horowitz, Fidelity and Valiant Capital Partners

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