Company name:

Trade Desk Inc

  • IPO SHARE PRICE:
    $18.00
  • IPO DATE:
    September 21, 2016
  • TICKER:
    TTD
  • MAIN STOCK EXCHANGE:
    NASDAQ Global
  • CURRENT HQ LOCATION:
    42 N Chestnut Street Ventura California 93001
  • 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

Trade Desk 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 Year:
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 Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Total Revenue
45,679
45,679
45,679
 308,217 477,294 661,058 836,033 836,033 1,279,620
Selected Year:
31-Dec
2020
Operating expenses
Cost (labor, materials, depreciation, overhead, etc) for delivering service or manufacturing a product that business sells
82.8%
21.4% —

Platform

20.9% —

Sales and marketing

20.5% —

General and administrative

19.9% —

Product technology and development
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Platform
45,679
45,679
45,679
 66,230 114,098 156,180 178,812 178,812 206,580
Product technology and development
45,679
45,679
45,679
 52,806 83,892 116,752 166,654 166,654 194,892
Sales and marketing
45,679
45,679
45,679
 61,379 87,071 132,882 174,742 174,742 234,960
General and administrative
45,679
45,679
45,679
 58,446 84,910 143,048 171,617 171,617 217,460
Total operating expenses
45,679
45,679
45,679
 238,861 369,971 548,862 691,825 691,825 853,892
Selected Year:
31-Dec
2020
Operating Income
Income after excluding Operating Expenses from Total Revenue
17.2%
17.2% —

Operating Income

Key metric that shows earnings potential of the company's business model
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Operating income
$45,679
$45,679
$45,679
 $69,356 $107,323 $112,196 $144,208 $144,208 $425,728
Selected Year:
31-Dec
2020
Non-operating expenses
Cost usually unrelated to delivering service or manufacturing a product that business sells
0.1%
0.1% —

Foreign exchange gain (loss)
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Foreign exchange gain (loss)
45,679
45,679
45,679
 4,033 1,919 695 961 961 (2,452)
Change in fair value of preferred stock warrant liability
45,679
45,679
45,679
 - - - - - -
Total non-operating income (expense)
45,679
45,679
45,679
 4,033 1,919 695 961 961 (2,452)
Selected Year:
31-Dec
2020
Earnings before Interest and Taxes (EBIT)
Income after excluding Operating and Non-operating Expenses from Total Revenue
17.4%
17.4% —

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 Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
EBIT
$45,679
$45,679
$45,679
 $73,389 $109,242 $112,891 $145,169 $145,169 $423,276
Selected Year:
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
11.7%
11.8% —

Income tax expense or benefit

0.1% —

Interest income
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Interest expense (income)
-
-
-
 1,698 (333) (4,719) - - -
Interest expense
45,679
45,679
45,679
 1,791 1,550 - - - -
Interest income
-
-
45,679
 (93) (333) (4,719) (656) (656) -
Total other expense or income
45,679
45,679
45,679
 5,731 1,586 (4,024) 305 305 (2,116)
Income before income taxes
45,679
45,679
45,679
 63,625 105,737 116,220 143,903 143,903 427,844
Income tax expense or benefit
45,679
45,679
45,679
 12,827 17,597 7,902 (98,414) (98,414) (179,764)
Selected Year:
31-Dec
2020
Net income (loss)
Ultimate measure of Income - Net result after excluding all expenses from Total Revenue
29.0%
29.0% —

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 Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net income (loss)
$45,679
$45,679
$45,679
 $50,798 $88,140 $108,318 $242,317 $242,317 $607,608
Net income (loss) attributable to common stock
45,679
45,679
45,679
 50,798 88,140 - - - -

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
 32,695,082 37,544,005 40,412,377 42,598,726 42,598,726 42,598,726
Class B
-
-
45,678,795
 9,155,054 6,529,619 5,161,323 4,780,900 4,780,900 4,780,900
Selected Year:
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 Year:
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
 $1.26 $2.08 $2.43 $5.24 $5.24 $13.12
Net Income per diluted share
$45,678,795.00
$45,678,795.00
$45,678,795.00
 $1.15 $1.92 $2.27 $4.95 $4.95 $12.36