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> virtually all Provide a link to the annual report for a single public company that does this and I will accept your claim. Edit: See the annual report for
by saas_co_de 9y ago
> virtually all
Provide a link to the annual report for a single public company that does this and I will accept your claim.
Edit:
See the annual report for Priceline which owns Booking.com, Kayak, etc.
http://files.shareholder.com/downloads/PCLN/5793618865x0xS1075531-17-9/1075531/filing.pdf http://files.shareholder.com/downloads/PCLN/5793618865x0xS10...
P.33 They report real revenue of 10.7B with no mention bookings
P.41 They report gross bookings of 68B for the same period
- hn_throwaway_99 9y agoI think you are confusing the data presented by WSJ with an audited SEC financial report. Uber didn't make anything public - this is just data they presented, privately, to their investors who obviously know the difference. I mean, this data was leaked to WSJ. As a better comparison, here is the data Expedia puts out on an earnings release: https://files.shareholder.com/downloads/EXPE/5068357871x0x927398/D6FADF0D-8265-4833-9C34-8BF23AFA21E6/Q4_2016_Earnings_Release.pdf https://files.shareholder.com/downloads/EXPE/5068357871x0x92...