top | item 20034137 Fiverr IPO F-1 2 points| gatsby | 6 years ago |sec.gov 1 comment order hn newest mdorazio|6 years ago Interesting financials. Another unprofitable startup going public in close proximity to others this year. Key numbers for me:$75.5M revenue in 2018 (increase of 45% from 2017), but net loss north of $36M.Cost of revenue is growing slowly (17%), but OpEx growth (65%) way outpaced revenue growth, mostly due to a huge G&A increase.For reference, the closest direct competitor to Fiverr is Upwork, which did about $250M revenue last year (25% growth) and still had $20M in net loss.
mdorazio|6 years ago Interesting financials. Another unprofitable startup going public in close proximity to others this year. Key numbers for me:$75.5M revenue in 2018 (increase of 45% from 2017), but net loss north of $36M.Cost of revenue is growing slowly (17%), but OpEx growth (65%) way outpaced revenue growth, mostly due to a huge G&A increase.For reference, the closest direct competitor to Fiverr is Upwork, which did about $250M revenue last year (25% growth) and still had $20M in net loss.
mdorazio|6 years ago
$75.5M revenue in 2018 (increase of 45% from 2017), but net loss north of $36M.
Cost of revenue is growing slowly (17%), but OpEx growth (65%) way outpaced revenue growth, mostly due to a huge G&A increase.
For reference, the closest direct competitor to Fiverr is Upwork, which did about $250M revenue last year (25% growth) and still had $20M in net loss.