← 111, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $873.8m | $959.5m | $259.8m | $567.7m | $1.3b | $1.9b | $2.0b | $2.1b | $2.0b | $1.8b | |
| Cost of Revenue | $607.8m | $667.4m | $180.7m | $129.0m | $226.9m | $1.9b | $1.8b | $2.0b | $1.9b | $1.7b | |
| Reconciled Cost Of Revenue | — | — | — | — | — | — | $12.7b | $14.1b | $13.6b | $11.8b | |
| Gross Profit | $266.0m | $80.5m | $88.5m | $142.8m | $365.8m | $621.1m | $840.0m | $849.0m | $829.2m | $723.4m | |
| Operating expenses: | |||||||||||
| Other Operating Expenses | — | — | — | — | — | — | $547.5m | $526.5m | $442.3m | $397.7m | |
| Total operating costs and expenses | ($1.2b) | ($1.2b) | ($2.2b) | ($4.4b) | ($8.7b) | ($13.1b) | ($13.9b) | ($15.3b) | ($14.4b) | ($12.6b) | |
| (Loss) Income from operations | ($364.3m) | ($254.0m) | ($400.4m) | ($493.5m) | ($473.3m) | ($642.1m) | ($371.0m) | ($350.1m) | $2.1m | ($2.4m) | |
| Operating Income (Loss) | — | ($254.0m) | ($58.2m) | ($70.9m) | ($72.5m) | ($100.8m) | ($53.8m) | ($49.3m) | $289k | ($340k) | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | — | $617k | $623k | — | — | — | $1.7m | $1.0m | $815k | $568k | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | $0 | $0 | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | ($3.5m) | $358k | ($1.5m) | $850k | $304k | ($1.1m) | $86k | ($125k) | $69k | |
| Investment Income, Interest | — | $4.0m | $633k | $690k | $967k | $1.5m | $1.2m | $1.2m | $965k | $556k | |
| Other Income | — | — | $663k | — | — | — | — | — | — | — | |
| Interest income | $2.3m | $4.0m | $4.4m | $4.8m | $6.3m | $9.8m | $8.1m | $8.8m | $7.0m | $3.9m | |
| Foreign exchange gain (loss) | $2.6m | ($3.5m) | $2.5m | ($10.3m) | $5.5m | $1.9m | ($7.9m) | $610k | ($909k) | $480k | |
| Other income (loss), net | ($3.4m) | $4.2m | $11.5m | $834k | $3.2m | $14.9m | $8.1m | $7.6m | ($595k) | $11.1m | |
| Loss before income taxes | ($363.4m) | ($249.3m) | ($382.0m) | ($501.8m) | ($467.1m) | ($621.0m) | ($376.1m) | ($353.2m) | ($20.7m) | ($22.5m) | |
| Net loss | ($363.4m) | ($249.3m) | ($382.0m) | ($501.8m) | ($467.1m) | ($621.0m) | ($376.1m) | ($353.4m) | ($20.8m) | ($22.5m) | |
| Net loss attributable to non-controlling interest | $765k | $747k | $1.9m | $2.2m | $0 | $27.8m | $15.3m | $16.8m | $8.4m | $4.1m | |
| Net loss attributable to redeemable non-controlling interest | — | — | — | — | $10.6m | $56.8m | $32.3m | $30.9m | $2.0m | $1.1m | |
| Adjustment attributable to redeemable non-controlling interest | — | — | — | — | — | ($133.4m) | ($88.4m) | ($86.9m) | ($54.4m) | ($49.1m) | |
| Net loss attributable to ordinary shareholders | ($418.0m) | ($248.6m) | ($380.1m) | ($499.6m) | ($456.5m) | ($669.8m) | ($416.9m) | ($392.7m) | ($64.7m) | ($66.4m) | |
| Unrealized gains of available-for-sale securities | $1.4m | $5.2m | $8.7m | $7.3m | $1.1m | $8.3m | $4.8m | $4.3m | $1.1m | $677k | |
| Realized gains of available-for-sale securities | — | — | — | ($9.6m) | ($970k) | ($7.8m) | ($4.5m) | ($4.2m) | ($1.2m) | ($646k) | |
| Foreign currency translation adjustments | $39.8m | ($21.3m) | $21.7m | $11.7m | ($13.7m) | ($4.1m) | $15.9m | ($3.2m) | $2.0m | ($1.8m) | |
| Comprehensive loss | ($376.7m) | ($265.9m) | ($360.6m) | ($490.2m) | ($470.1m) | ($673.4m) | ($400.7m) | ($395.8m) | ($62.9m) | ($68.1m) | |
| Diluted EPS | — | — | — | — | — | — | ($50.00) | ($46.60) | ($7.60) | ($152.00) | |
| Diluted NI Availto Com Stockholders | ($418.0m) | ($248.6m) | ($380.1m) | ($499.6m) | ($456.5m) | ($669.8m) | ($416.9m) | ($392.7m) | ($64.7m) | ($66.4m) | |
| Gain On Sale Of Security | $2.6m | ($3.5m) | $2.5m | ($10.3m) | $5.5m | $1.9m | ($7.9m) | $610k | ($909k) | $480k | |
| Interest Income Non Operating | $2.3m | $4.0m | $4.4m | $4.8m | $6.3m | $9.8m | $8.1m | $8.8m | $7.0m | $3.9m | |
| Minority Interests | — | — | — | — | — | — | ($40.8m) | ($39.3m) | ($44.0m) | ($43.9m) | |
| Net Income From Continuing And Discontinued Operation | ($418.0m) | ($248.6m) | ($380.1m) | ($499.6m) | ($456.5m) | ($669.8m) | ($416.9m) | ($392.7m) | ($64.7m) | ($66.4m) | |
| Net Income From Continuing Operation Net Minority Interest | ($418.0m) | ($248.6m) | ($380.1m) | ($499.6m) | ($456.5m) | ($669.8m) | ($416.9m) | ($392.7m) | ($64.7m) | ($66.4m) | |
| Net Interest Income | — | — | — | — | — | — | ($5.3m) | ($11.3m) | ($21.3m) | ($31.7m) | |
| Normalized EBITDA | — | — | — | — | — | — | ($313.9m) | ($311.9m) | $25.5m | $24.4m | |
| Normalized Income | — | — | — | — | — | — | ($409.0m) | ($393.2m) | ($63.8m) | ($66.9m) | |
| Other Gand A | — | — | — | — | — | — | $205.6m | $224.2m | $70.9m | $69.5m | |
| Reconciled Depreciation | — | — | — | — | — | — | $40.8m | $21.8m | $17.0m | $11.8m | |
| Selling General And Administration | — | — | — | — | — | — | $663.5m | $672.6m | $384.8m | $328.1m | |
| Tax Effect Of Unusual Items | — | — | — | — | — | — | $0 | $152k | $0 | $0 | |
| Tax Provision | — | — | — | — | — | — | $0 | $251k | $96k | $13k | |
| Tax Rate For Calcs | — | — | — | — | — | — | $0 | $0 | $0 | $0 | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | ($249.3m) | ($55.6m) | ($72.1m) | ($71.6m) | ($97.5m) | ($54.5m) | ($49.7m) | ($2.8m) | ($3.2m) | |
| Investment Income, Net | — | — | — | — | — | — | — | — | ($23k) | $102k | |
| Total Unusual Items | $2.6m | ($3.5m) | $2.5m | ($10.3m) | $5.5m | $1.9m | ($7.9m) | $610k | ($909k) | $480k | |
| Total Unusual Items Excluding Goodwill | $2.6m | ($3.5m) | $2.5m | ($10.3m) | $5.5m | $1.9m | ($7.9m) | $610k | ($909k) | $480k | |
| Pre-Tax Income | ($363.4m) | ($249.3m) | ($382.0m) | ($501.8m) | ($467.1m) | ($621.0m) | ($376.1m) | ($353.2m) | ($20.7m) | ($22.5m) | |
| Net Income Continuous Operations | ($363.4m) | ($249.3m) | ($382.0m) | ($501.8m) | ($467.1m) | ($621.0m) | ($376.1m) | ($353.4m) | ($20.8m) | ($22.5m) | |
| Net Income (Loss) Attributable to Parent | — | ($249.3m) | ($382.0m) | — | — | — | ($416.9m) | ($392.7m) | ($64.7m) | ($66.4m) | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | ($248.6m) | ($55.3m) | ($71.8m) | ($70.0m) | ($105.1m) | ($60.4m) | ($55.3m) | ($8.9m) | ($9.5m) | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | ($747k) | ($285k) | ($319k) | — | ($4.4m) | ($2.2m) | ($2.4m) | ($1.2m) | ($585k) | |
| Net Income Including Noncontrolling Interests | ($363.4m) | ($249.3m) | ($382.0m) | ($501.8m) | ($467.1m) | ($621.0m) | ($376.1m) | ($353.4m) | ($20.8m) | ($22.5m) | |
| Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest | — | — | — | — | — | — | — | $41.8m | — | — | |
| Noncontrolling Interest in Net Income (Loss) Other Noncontrolling Interests, Redeemable | — | — | — | — | — | ($20.9m) | ($12.8m) | ($12.2m) | ($7.4m) | ($7.0m) | |
| Earnings Per Share, Basic | — | — | — | — | — | ($0.63) | ($0.36) | ($0.33) | ($0.05) | ($0.05) | |
| Earnings Per Share, Diluted | — | — | — | — | — | ($0.63) | ($0.36) | ($0.33) | ($0.05) | ($0.05) | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | — | — | — | 165.9m | 166.6m | 168.6m | 171.8m | 174.0m | |
| Basic Average Shares | — | — | — | — | — | — | $8.3m | $8.4m | $8.6m | $8.7m | |
| Diluted Average Shares | — | — | — | — | — | — | $8.3m | $8.4m | $8.6m | $8.7m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | — | — | 165.9m | 166.6m | 168.6m | 171.8m | 174.0m | |
| General and Administrative Expense | — | $53.4m | $14.4m | $17.7m | $19.7m | $32.5m | $29.8m | $31.6m | $9.7m | $9.9m | |
| General and administrative expenses | ($60.8m) | ($53.4m) | ($98.8m) | ($123.5m) | ($128.2m) | ($207.0m) | ($205.6m) | ($224.2m) | ($70.9m) | ($69.5m) | |
| Other Nonoperating Income (Expense) | — | $4.2m | $1.7m | $120k | $484k | $2.3m | $1.2m | $1.1m | ($82k) | $1.6m | |
| Operating Lease, Expense | — | $23.9m | $27.1m | $3.6m | $6.0m | $14.1m | $10.1m | $8.8m | $6.6m | $5.5m | |
| Selling and Marketing Expense | — | $190.1m | $37.8m | $48.9m | $61.2m | $80.5m | $66.4m | $63.2m | $43.0m | $37.0m | |
| Cost of products sold | ($933.1m) | ($980.5m) | ($1.8b) | ($129.0m) | ($226.9m) | ($11.8b) | ($12.7b) | ($14.1b) | ($13.6b) | ($11.8b) | |
| Fulfillment expenses | — | — | — | ($129.0m) | ($226.9m) | ($355.8m) | ($401.4m) | ($400.5m) | ($381.0m) | ($345.2m) | |
| Selling and marketing expenses | ($252.8m) | ($190.1m) | ($260.0m) | ($340.6m) | ($399.6m) | ($513.1m) | ($457.9m) | ($448.4m) | ($313.9m) | ($258.6m) | |
| Technology expenses | ($61.8m) | ($48.1m) | ($71.2m) | ($61.9m) | ($92.1m) | ($189.3m) | ($139.5m) | ($124.3m) | ($69.6m) | ($60.4m) | |
| Other operating (expenses) income, net | $2.0m | $2.7m | ($668k) | ($3.7m) | $7.7m | $2.0m | ($6.6m) | ($1.6m) | $8.4m | $7.9m | |
| Interest Expense | ($751k) | $55k | — | $520k | $1.4m | $861k | $1.9m | $2.8m | ($28.3m) | ($35.6m) | |
| Interest Expense (non-operating) | — | — | — | — | — | — | $13.4m | $20.1m | $3.9m | $5.1m | |
| Income tax expense | — | — | ($8k) | $0 | $0 | $0 | $0 | ($251k) | ($96k) | ($13k) | |
| Net Non Operating Interest Income Expense | — | — | — | — | — | — | ($5.3m) | ($11.3m) | ($21.3m) | ($31.7m) | |
| Operating Expense | — | — | — | — | — | — | $1.2b | $1.2b | $827.1m | $725.8m | |
| Other Income Expense | — | — | — | — | — | — | $257k | $8.2m | ($1.5m) | $11.6m | |
| Other Non Operating Income Expenses | ($3.4m) | $4.2m | $11.5m | $834k | $3.2m | $14.9m | $8.1m | $7.6m | ($595k) | $11.1m | |
| Other Operating Income (Expense), Net | — | $2.7m | ($97k) | ($536k) | $1.2m | $316k | ($951k) | ($226k) | $1.1m | $1.1m | |
| Income Tax Expense (Benefit) | — | — | $1k | — | — | $0 | $0 | $35k | $13k | $2k | |
| Total Expenses | — | — | — | — | — | — | $13.9b | $15.3b | $14.4b | $12.6b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.