Company name:

Wayfair Inc

  • IPO SHARE PRICE:
    $29.00
  • IPO DATE:
    October 02, 2014
  • TICKER:
    W
  • MAIN STOCK EXCHANGE:
    New York Stock Exchange
  • CURRENT HQ LOCATION:
    4 Copley Place Boston MA 02116
  • FISCAL YEAR END:
    December 31
  • INCORPORATION JURISDICTION:
    DE
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

Wayfair Inc

We are working hard and as soon as possible to provide company description soon. Feel free to reach out to request it sooner: improve@real-clear-investing.com

Income Statement

Quarterly Annual
(USD in thousand)
Selected Quarter:
31-Dec
2020
Revenue
Gross receipts in the form of cash (great!) and promises to pay (Account Receivables - not so great as some of them will never be collected but reality of business!) from all its customers
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Total Revenue
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 1,944,829 2,343,251 2,305,487 2,533,490 2,330,063 4,304,672 3,839,570 3,670,851 14,145,156 14,683,404
Selected Quarter:
31-Dec
2020
Operating expenses
Cost (labor, materials, depreciation, overhead, etc) for delivering service or manufacturing a product that business sells
97.3%
71.0% —

Cost of goods sold

12.3% —

Selling operations technology general and administrative

10.2% —

Advertising

3.7% —

Customer service and merchant fees
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Cost of goods sold
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 1,474,373 1,783,651 1,765,566 1,956,135 1,750,940 2,983,642 2,692,142 2,606,261 10,032,985 10,425,044
Gross profit
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 470,456 559,600 539,921 577,355 579,123 1,321,030 1,147,428 1,064,590 4,112,171 4,258,360
Customer service and merchant fees
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 76,473 88,502 91,255 100,497 89,463 143,773 139,589 136,734 509,559 546,936
Advertising
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 243,969 259,166 281,846 310,859 275,760 417,777 344,025 374,611 1,412,173 1,498,444
Merchandising marketing and sales
45,679
45,679
-
45,679
45,679
45,679
-
-
-
-
-
-
-
-
-
 - - - - - - - - - -
Selling operations technology general and administrative Selling operations technology general and administrative
-
-
-
-
-
-
-
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 343,648 383,109 426,529 471,420 475,968 459,482 441,960 452,680 1,830,090 1,810,720
Operations technology general and administrative
45,679
45,679
-
45,679
45,679
45,679
-
-
-
-
-
-
-
-
-
 - - - - - - - - - -
Total operating expenses
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 $664,090 $730,777 $799,630 $882,776 $841,191 $1,021,032 $925,574 $964,025 $3,751,822 $3,856,100
Selected Quarter:
31-Dec
2020
Operating Income
Income after excluding Operating Expenses from Total Revenue
2.7%
2.7% —

Operating Income

Key metric that shows earnings potential of the company's business model
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Operating income
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 ($193,634) ($171,177) ($259,709) ($305,421) ($262,068) $299,998 $221,854 $100,565 $360,349 $402,260
Selected Quarter:
31-Dec
2020
Non-operating expenses
Cost usually unrelated to delivering service or manufacturing a product that business sells
0.1%
0.1% —

Other expense or income
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Other expense or income
45,679
-
-
-
-
45,679
45,679
-
-
45,679
45,679
-
-
-
-
 3,078 - 2,182 (2,701) (246) - (13,584) 2,087 (8,633) 8,348
Other income
-
45,679
45,679
45,679
45,679
-
-
45,679
45,679
-
-
45,679
45,679
45,679
-
 3,078 322 2,182 - - 3,110 - - - -
Total non-operating income (expense)
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 3,078 322 2,182 (2,701) (246) 3,110 (13,584) 2,087 (8,633) 8,348
Selected Quarter:
31-Dec
2020
Earnings before Interest and Taxes (EBIT)
Income after excluding Operating and Non-operating Expenses from Total Revenue
2.8%
2.8% —

EBIT

Another income metric but unlike Operating Income it is closer to the ultimate income metric - Net Income by removing expenses that are not related to earning Revenue as they are supposed to be accidental and transitory
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
EBIT
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 ($190,556) ($170,855) ($257,527) ($308,122) ($262,314) $303,108 $208,270 $102,652 $351,716 $410,608
Selected Quarter:
31-Dec
2020
Interest Expense and Income, Taxes
Expenses driven mostly by company management's choices, nature of business (capital intensive vs not) about financing (debt vs equity) and legal structure
2.1%
0.5% —

Income tax expense or benefit

1.6% —

Interest expense
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Interest expense (income)
-
45,679
45,679
45,679
45,679
45,679
45,679
-
-
-
-
-
-
-
-
 - - - - - - - - - -
Interest expense
-
-
-
-
-
-
-
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 (9,238) (10,252) (14,432) (20,592) (22,218) (28,939) (36,315) (58,925) (146,397) (235,700)
Interest income
45,679
-
-
-
-
-
-
-
-
-
-
-
-
-
-
 - - - - - - - - - -
Income before income taxes
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 (199,794) (181,107) (271,959) (328,714) (284,532) 274,169 171,955 43,727 205,319 174,908
Income tax expense or benefit TEST - ODD
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 595 831 76 1,508 1,333 292 (1,211) 19,909 20,323 79,636
Selected Quarter:
31-Dec
2020
Net income (loss)
Ultimate measure of Income - Net result after excluding all expenses from Total Revenue
0.6%
0.6% —

Net income (loss)

It is a residue that is left from Total Revenue after paying all kind of expenses and belongs to all equity holders in the company. Some of these shareholders such Non-controlling interest or Preferred equity gets their share before Common shareholders
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net income (loss)
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 ($200,389) ($181,938) ($272,035) ($330,222) ($285,865) $273,877 $173,166 $23,818 $184,996 $95,272

Basic Shares Outstanding
Basic shares outstanding as of certain dates reported by Company on its annual and quarterly filings, these numbers are NOT used calculation of basic EPS. They help to see share issuance by company in perspective
Class A
-
-
45,678,795
45,678,795
45,678,795
45,678,795
45,678,795
45,678,795
45,678,795
45,678,795
45,678,795
45,678,795
45,678,795
45,678,795
45,678,795
 64,071,179 64,830,064 65,758,215 67,164,350 67,677,564 68,434,295 72,811,806 77,016,878 77,016,878 77,016,878
Class B
-
-
45,678,795
45,678,795
45,678,795
45,678,795
45,678,795
45,678,795
45,678,795
45,678,795
45,678,795
45,678,795
45,678,795
45,678,795
45,678,795
 27,568,791 27,507,532 27,372,385 26,958,041 26,957,041 26,956,734 26,636,234 26,564,197 26,564,197 26,564,197
Selected Quarter:
31-Dec
2020
EPS
Net Income / Shares Outstanding = EPS before dilution or Basic EPS; Net Income/ ( Shares Outstanding + potentially available shares from conversion of various option instruments)
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net Income per basic share
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
 ($2.20) ($1.98) ($2.94) ($3.55) ($3.04) $2.89 $1.82 $0.23 $1.93 $0.92
Net Income per diluted share
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
 ($2.20) ($1.98) ($2.94) ($3.55) ($3.04) $2.54 $1.67 $0.22 $1.86 $0.88