Ano berou skoro vsechno, omylem jsem nahral spatne orizly panorama s bilim okrajem a prijato...
Tady je neco z microstockforum:
Shutterstock released their second quarter 2017 results and they are miserable, which is why they're down 17% on NYSE today.
Their results in a nutshell:
Revenue increased 8% to $134.0 million
Income from operations decreased 69% to $3.3 million
Net income decreased 58% to $3.1 million
Adjusted EBITDA decreased 19% to $18.3 million
Diluted EPS decreased 55% to $0.09 per share
Key Operating Metrics
Paid downloads decreased 2%
Revenue per download increased 9%
Image collection expanded 57% to 144.7 million images
Video collection expanded 55% to 7.6 million clips
More on:
http://investor.shutterstock.com/phoeni ... ID=2290950Struck by their explanation of the plummeted income from operations: "driven by an increase in operating expenses primarily due to higher royalty costs associated with increased levels of revenue, increased spend in marketing and increased administrative expenses." My royalties at SS are the lowest during the last four or 5 months in the last 2 years, despite constant and significant increase of my portfolio.
Similarly, explanation for low net income: "due to the decline in operating performance and a higher-effective tax rate, which was partly offset by non-operating transactional gains related to foreign currency as compared to the second quarter of 2016." Time to start worrying about the "leading global technology company offering a creative platform for high-quality assets, tools and services", with their own outlook in mind:
"The Company's current expectations for the full year 2017, reduced from those previously announced, are as follows:
Revenue of $535-545 million, down from $545-560 million
Income from Operations of $30-40 million, down from $47-52 million
Adjusted EBITDA of $85-$95 million, down from $105-110 million
Non-cash equity-based compensation expense of approximately $30 million
Effective tax rate in mid-30's%
Capital Expenditures of approximately $45 million, including capitalized labor of approximately $20 million"
(data jsou porovnavany se stejnym obdobim 2016)
Takze ani bych se nedivil, kdyby v blizke dobe osekali penize pro contributory.
Nejlepsi leta pro microstock uz jsou pryc, lepsi to uz nebude.