Company name:

Pinterest Inc

  • IPO SHARE PRICE:
    $19.00
  • IPO DATE:
    April 18, 2019
  • TICKER:
    PINS
  • MAIN STOCK EXCHANGE:
    NYSE
  • CURRENT HQ LOCATION:
    505 Brannan Street San Francisco California 94107
  • 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

Pinterest 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 472,852 755,932 1,142,761 1,692,658 1,692,658 2,822,468
Selected Year:
31-Dec
2020
Operating expenses
Cost (labor, materials, depreciation, overhead, etc) for delivering service or manufacturing a product that business sells
108.4%
35.8% —

Research and development

26.5% —

Cost of revenue

26.2% —

Sales and marketing

19.9% —

General and administrative
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Cost of revenue
178,664 241,584 358,903 449,358 449,358 516,092
Sales and marketing
162,514 259,929 611,590 442,807 442,807 483,064
Research and development
207,973 251,662 1,207,059 606,194 606,194 654,840
General and administrative
61,635 77,478 354,075 336,803 336,803 347,876
Total expenses
610,786 830,653 2,531,627 1,835,162 1,835,162 2,001,872
Selected Year:
31-Dec
2020
Operating Income
Income after excluding Operating Expenses from Total Revenue
8.4%
8.4% —

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 ($137,934) ($74,721) ($1,388,866) ($142,504) ($142,504) $820,596
Selected Year:
31-Dec
2020
Earnings before Interest and Taxes (EBIT)
Income after excluding Operating and Non-operating Expenses from Total Revenue
8.4%
8.4% —

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 ($137,934) ($74,721) ($1,388,866) ($142,504) ($142,504) $820,596
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
0.8%
1.0% —

Interest income

0.0% —

Interest expense and other income (expense)

0.1% —

Income tax expense or benefit
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Interest expense and other income (expense)
(112) (995) (2,137) (635) (635) 6,036
Interest income
8,313 13,152 30,164 16,119 16,119 7,416
Income before income taxes
(129,733) (62,564) (1,360,839) (127,020) (127,020) 834,048
Income tax expense or benefit
311 410 532 1,303 1,303 2,684
Selected Year:
31-Dec
2020
Net income (loss)
Ultimate measure of Income - Net result after excluding all expenses from Total Revenue
7.6%
7.6% —

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 Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net income (loss)
($130,044) ($62,974) ($1,361,371) ($128,323) ($128,323) $831,364

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 - - 363,567,902 532,423,430 532,423,430 532,423,430
Class B - - 209,050,139 96,091,207 96,091,207 96,091,207
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 ($1.03) ($0.50) ($3.24) ($0.22) ($0.22) $1.40
Net Income per diluted share ($1.03) ($0.50) ($3.24) ($0.22) ($0.22) $1.40