PYMNTS

NOVEMBER 5, 2018

Ant Financial , the Chinese FinTech giant and an affiliate of Alibaba Group , posted an earnings pre-tax loss of 2.4 The Wall Street Journal ( WSJ ), citing Ant, reported that the company had a pre-tax profit of 5.3 Alibaba blamed the loss on increased investments to capture growth. billion yuan for the same quarter a year ago.

Profit and Loss 53

Profit and Loss Startups eCommerce Investments 53

PYMNTS

NOVEMBER 17, 2019

Tech startups fearing anticipated instability are scrambling to conserve an age-old commodity — cash — the New York Times (NYT) reported on Sunday (Nov. Following quick growth and easy funding, startups are starting to jump off the fast lane and follow a more conservative road map. . billion net loss. million, he said.

Startups 61

Startups Profit and Loss Planning Marketing 61

CFO News Room

DECEMBER 26, 2022

in the premarket after its quarterly profit and revenue fell well short of estimates. in premarket trading after the chip maker reported a wider-than-expected quarterly loss and revenue that fell short of Wall Street forecasts. in premarket trading after reporting better-than-expected profit and revenue for its latest quarter.

Profit and Loss 130

Profit and Loss Forecasting Startups Technology 130

Global Finance

JUNE 3, 2024

The move from a startup to one of Detroit’s Big Three is a surprise, but it demonstrates Ford’s determination to become an EV player. Ford needs “urgently to build a profitable EV business and generate new and recurring revenue streams,” Farley said in introducing House. The future CFO arrives as an outsider, but not altogether.

CFO 105

CFO Profit and Loss Finance Startups 105

CFO Talks

FEBRUARY 6, 2025

Without good financial planning, even a profitable company can run into trouble. Getting insurance to cover unexpected losses. Investing in a startup with innovative technology. Deciding What to Do with Profits When a company makes money, it has to decide how to use its profits. Should it buy new equipment?

Corporate Finance 52

Corporate Finance Finance Profit and Loss Investments 52

PYMNTS

FEBRUARY 26, 2020

Klarna, a Swedish FinTech that allows customers to pay for items through installments, has posted its first annual loss after years of being profitable, according to a report by CNBC. . The company reported a loss of $113 million ( 1.1 This is the first time the company has had a loss since it was founded 15 years ago.

Profit and Loss 52

Profit and Loss Finance Startups Retail 52

PYMNTS

NOVEMBER 25, 2019

India-based OYO has filed a valuation report with India’s ministry of corporate affairs indicating that the company did not expect to turn a profit until 2022, Reuters reported on Monday (Nov. The losses were six times higher in 2019 through March compared to 2018, but its revenue more than quadrupled for the same time period.

Profit and Loss 56

Profit and Loss Valuation Auditing Startups 56

PYMNTS

FEBRUARY 18, 2019

However, Uber’s revenue increased only 2 percent between Q3 and Q4, reaching $3 billion, a 24 percent increase over the previous year — leading some investors to question the ridesharing firm’s future prospects for profitability. Losses came in at $1.8 billion in losses reported at the same time in 2017.

Profit and Loss 73

Profit and Loss Transportation Advertising Accounting 73

PYMNTS

JANUARY 5, 2020

Indian unicorn startup InMobi reported a net loss of ?54 Earlier, InMobi reported a 2017 net profit of ?11.87 and China where it operates — but it didn’t show any profit after that initial maiden profit. InMobi is a unicorn company, meaning it is a privately held startup company valued at over $1 billion.

Profit and Loss 52

Profit and Loss Advertising B2C Startups 52

PYMNTS

OCTOBER 12, 2020

The nature of the market for FinTech startups breaking into the larger U.S. Revolut has seen losses tripling as recently as August, with $139.6 million losses total, with the company saying that happened because of expansions into new markets and debuts of new products.

Banking 107

Banking Profit and Loss Startups Marketing 107

CFO Plans

FEBRUARY 17, 2025

In the whirlwind world of tech startups and fast-growing businesses, navigating rapid expansion can feel like sailing through a storm. It’s imperative to track financial health indicators, such as cash flow statements, balance sheets, and profit and loss accounts. Learn how CFO Plans can help you monitor these vital signs.

Cash Flow Forecasting 52

Cash Flow Forecasting CFO Profit and Loss Startups 52

PYMNTS

SEPTEMBER 13, 2020

Shareholders, including Japan-based SoftBank , which first invested in Grab six years ago and in several later funding rounds, have urged the startups to return to the table, FT reported. But Gojek has proved a resilient rival. As a result, sources told FT Son is now among the biggest champions of a merger.

Profit and Loss 111

Profit and Loss Management Consulting Startups Investments 111

PYMNTS

JULY 27, 2020

Online health startup Ro is valued at $1.5 The company, which began in 2017 as a way to sell hair loss supplements, has branched into a number of health apps that work to generate around $250 million per year, not counting the insurance, according to CNBC.

Startups 60

Startups Valuation Profit and Loss Healthcare 60

PYMNTS

MARCH 27, 2019

On-demand workspace startup WeWork has secured significant funding from investors and has aggressive plans for global expansion, but the company’s losses are ballooning, according to reports in The New York Times this week. According to the company’s latest financial disclosure, the firm’s losses have hit $1.9

Profit and Loss 43

Profit and Loss Startups Valuation Securities 43

PYMNTS

DECEMBER 1, 2020

Bloomberg News reported that Ritesh Agarwal , Oyo’s founder and CEO, recently told employees that the Indian startup has about $1 billion in cash, is recovering from the effects of the pandemic and is still looking toward an initial public offering (IPO). During the summer , SoftBank sent officials to help OYO get back on its feet.

Startups 56

Startups Profit and Loss Marketing Investments 56

CFO News

JULY 24, 2024

Loss-making companies with high cash burn, including startups, would get a boost from a key amendment proposed to the Income Tax Act in the Union budget. This comes at a time when multiple consumer internet companies and large startups in India are charting the path to profitability, amid a slowdown in capital funding.

Profit and Loss 40

Profit and Loss Budgeting Startups 40

PYMNTS

JANUARY 23, 2020

WeWork has sold its business management software company Teem and also the minority stake it had in startup The Wing, to focus its business going forward. The real estate company has also been gradually selling off shares in its side ventures as it tries to maximize its profits.

Profit and Loss 52

Profit and Loss Startups Education Sales 52

PYMNTS

AUGUST 26, 2016

According to the report, Gupta informed investors that Uber ‘s losses are increasing in the second quarter, even in the U.S., where the company reported a profit during its first quarter. All told, Uber’s losses amount to $1.27 All told, Uber’s losses amount to $1.27 billion. .”

Profit and Loss 41

Profit and Loss Startups Finance Investments 41

Fpanda Club

JULY 24, 2022

They tend to avoid losses and prefer to keep the things as they are rather than invest in risky innovation. It’s better to define minimally acceptable revenues, profits and cash flows and then identify the assumptions that must prove true to make those financials happen. which will be part of the allowable cost. Sources: Warren E.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Profit and Loss Benchmarking Valuation 130

PYMNTS

JANUARY 4, 2019

Coffee startup Luckin plans to open 2,500 new stores in China this year to overtake Starbucks in the country. But the company recorded a loss of 800 million yuan ($116.34 The startup says it has a location within a 500-meter radius of anywhere in downtown Beijing and Shanghai. million) in 2018, which Fei said was expected.

Startups 55

Startups Planning Profit and Loss Valuation 55

PYMNTS

NOVEMBER 8, 2019

Following WeWork ’s IPO debacle, investors want tech startups to prove profitability before seeking funds and going public, CNBC reported on Friday (Nov. Potential investors wanted to know how those companies plan to turn a profit. WeWork abandoned its IPO plans after massive losses turned off investors. billion yen ($6.5

Startups 40

Startups Profit and Loss Valuation Investments 40

PYMNTS

AUGUST 8, 2019

Big tech, big bets and big profits. Individual gains and losses are hard to ascertain, and commentary mentions certain holdings as contributing to overall unrealized results. That 408 billion yen, net, comes in contrast to SoftBank’s filing that unrealized losses from companies such as Uber totaled 195.3 billion yen ($3.9

Profit and Loss 51

Profit and Loss Valuation Transportation Investments 51

PYMNTS

JUNE 25, 2018

The world’s startups are having a good year. With so much money up for grabs, it may come as a surprise that startups often struggle to get approved for a credit card, even after a lucrative funding round. Though a startup could secure millions in venture capital funding, it could still take years to turn a profit.

Startups 52

Startups Banking Profit and Loss Healthcare 52

PYMNTS

MARCH 8, 2020

In the past 18 months, both startups were vying for new customers, especially in Indonesia, the world’s fourth-most populous country and the most profitable market for the two firms. Part of the tension is due to SoftBank’s pressure to justify tech startups after the WeWork debacle last year. .

Profit and Loss 75

Profit and Loss Valuation Startups Investments 75

PYMNTS

DECEMBER 3, 2019

The We Company , the parent of WeWork , uses a cash-flow metric called the “contribution margin,” which showed that its core services were profitable, Bloomberg Tax reported on Tuesday (Dec. The contribution margin — also used by Lyft and Peloton — ignores fixed and startup costs, and highlights core service revenue.

Benchmarking 54

Benchmarking Profit and Loss GAAP Accounting Principles 54

PYMNTS

JUNE 2, 2016

Venture capital investment is the lifeblood of startups, but reports by The New York Times released on Wednesday (June 1) put a spotlight on a different breed of entrepreneurs that shy away from taking investor funds. According to the publication, some startups are beginning to see the value in not accepting venture capital.

Startups 43

Startups Profit and Loss Finance Investments 43

PYMNTS

NOVEMBER 6, 2019

billion loss on Wednesday (Nov. The $10-plus billion WeWork bailout — an investment chief executive officer (CEO) Masayoshi Son called an error in judgment — triggered a loss of ¥970 billion ($8.9 For the July-September quarter overall, SoftBank recorded a net loss of ¥704.4 Japan’s SoftBank reported a $6.5 billion yen ($6.5

Profit and Loss 40

Profit and Loss Valuation Startups Forecasting 40

PYMNTS

JUNE 12, 2018

There is a sudden surge in construction technology startups, and investors have perked up. Analysts forecasted a 40 percent increase in venture capitalist (VC) funding for construction startups between 2014 and 2017, with investments totaling $375 million last year. Yet, the market continues to struggle in many ways.

Construction 52

Construction Profit and Loss Compliance Startups 52

Barry Ritholtz

NOVEMBER 17, 2023

Deflation might sound appealing regarding prices, but that also means lower wages, lower economic growth, and job loss. ( Businessweek ) • Why businesses are pulling billions in profits from China : Foreign businesses have been pulling money out of China at a faster rate than they have been putting it in, official data shows.

Profit and Loss 98

Profit and Loss Economics Startups Investments 98

PYMNTS

DECEMBER 9, 2020

The new valuation makes the Silicon Valley startup the biggest individual public food delivery firm in the United States. In the quarter ending in June, DoorDash posted a profit of $23 million on revenues exceeding $675 million. The following quarter showed losses on elevated revenue of $879 million. billion in 2018.

Valuation 77

Valuation Profit and Loss Startups Securities 77

PYMNTS

AUGUST 6, 2020

percent of its risk-weighted assets to guard against potential losses. Before the rule change, Monzo was required to have capital worth at 9 percent of its risk-weighted assets as a shield against losses. Monzo Bank Ltd, the London-based online bank, must now have a capital worth of 13.6 the newspaper reported.

Banking 78

Banking Profit and Loss Auditing Startups 78

PYMNTS

JULY 10, 2020

In a filing with the Securities and Exchange Commission (SEC), the startup reported it plans to raise as much as $253.5 Our solution streamlines employee, client and third-party interactions and drives increased profitability, efficiency, transparency and regulatory compliance across a financial institution.”. million by offering 7.6

Profit and Loss 79

Profit and Loss Compliance Startups Securities 79

Global Finance

JULY 29, 2024

Higher interest rates have given banks some relief over the past few years, increasing their net interest income while hampering competitors—particularly fintech startups dependent on equity financing. On paper, this is the most profitable business in the world,” he says. The FSB reported that global NBFI assets shrank 5.5%

Banking 104

Banking Profit and Loss Financial Systems Technology 104

PYMNTS

OCTOBER 26, 2020

Wholesale distributors face “massive complexity,” according to the release, having to juggle numerous products and customers, along with challenges from new startups or nontraditional types of retail.

SAP 80

SAP Profit and Loss B2B Benchmarking 80

CFO News

NOVEMBER 12, 2024

It’s a rare moment of victory for the Vision Fund, which posted two straight years of hefty losses after startup valuations collapsed, erasing its previous gains. A boom in India’s IPO market is buoying the Vision Fund, which for years struggled to win returns commensurate with its $100 billion-plus scale.

Marketing 40

Marketing Valuation Startups 40

PYMNTS

MAY 7, 2019

Gett, an Israel-based ride-hailing startup that focuses on high-end B2B clients, has raised $200 million, which places its value at $1.5 Waiser also said he expects Gett to be operationally profitable by the end of 2019. A year ago, profitability was not a very popular topic,” he said. “In Russia and New York.

Startups 43

Startups Profit and Loss Auditing B2B 43

PYMNTS

MARCH 12, 2020

SoftBank now has 13 people on its government affairs team who advocate for SoftBank itself as well as for the numerous startups it backs, including autonomous vehicle and commercial spacecraft firms. . Ojakli said most of SoftBank’s lobbying budget is spent on advocating for the startups it has invested in. .

Profit and Loss 60

Profit and Loss Startups Budgeting Communication 60