Here are the updated GAAP net earnings since they went public. For the most recent quarter, a $79.7 million LOSS, but notice the trend line over the last year is up! Do they dare flirt with a break even quarter? That would be unheard of in the history of the company.
Updated fundamentals:
1/8/2013 - twitter IPO stock price $41.65
1/3/2014 - twitter high stock price $69.00
1/13/2016 - twitter closing stock price $18.69, 682.95 million shares outstanding
5/11/2016 - twitter closing stock price $14.59, 694.85 million shares outstanding
Twitter stock change from IPO price: -64%
Twitter stock change from high: -78%
Dividend: 0.00
EPS: -0.79
The number of shares outstanding increased more than 11 million over the last 4 months. About $150 million in stock was given to employees for compensation, meaning Twitter continues the practice of selling toilet paper to the idiot investing public to fund payroll. It looks like that can go on forever, but I am skeptical.
The number of shares outstanding increased more than 11 million over the last 4 months.
ReplyDeleteYou make it sound like a huge negative for existing shareholders, but I assure you it is not.
If they increase their outstanding shares to infinity, then their earnings per share rises to $0.00. This would be a huge improvement, per share! ;)
I guess I just prefer to see the dark side of things. The glass is always half-empty. And cracked. And I just cut my lip on it. And chipped a tooth. - Janeane Garofalo
Hahaha, I hadn't thought of it that way. $0 EPS would be a real milestone for Twitter.
Delete