Answered step by step
Verified Expert Solution
Question
1 Approved Answer
What is your assessment of GoPro financial performance the past three years? (Use the financial ratios in the Appendix of the text as a guide
What is your assessment of GoPro financial performance the past three years? (Use the financial ratios in the Appendix of the text as a guide in doing your financial analysis.)
i reposted this question with all 13 pages given please answer.
EXHIBIT 1 Financial Summary for GoPro, Inc., 2011-2016 (in thousands, except per share amounts) Consolidated statements of operations data: 2016 2015 2014 2013 2012 2011 Revenue Gross profit Gross margin Operating income Net income $1,185,481 461,920 39.0% (372,969) (419,003) $ 1,619,971 673,214 41.6% 54,748 36,131 $1,394,205 627,235 45.0% 187,035 128,088 $ 985,737 361,784 36.7% 98,703 60,578 $ 526,016 227,486 43.2% 53,617 32,262 $234,238 122,555 52.3% 38,779 24,612 Net income per share: Basic Diluted $(3.01) $(3.01) $0.27 $0.25 $1.07 $0.92 $0.54 $0.47 $0.07 $0.07 $0.26 $0.24 Source: GoPro, Inc., 2016 10-K. EXHIBIT 2 GoPro's Stock Performance, June 2014 July 2017 $100 Price J JASON D 15 F HAMJ JASON D 16 F M A M J J Year EXHIBIT 5 GoPro, Inc., Consolidated Statements of Operations, 20142016 (in thousands, except per share data) Year Ended December 31, 2016 2015 2014 $1,185,481 723,561 461,920 $1,619,971 946,757 673,214 $1,394,205 766,970 627,235 Revenue Cost of revenue Gross profit Operating expenses: Research and development Sales and marketing General and administrative Total operating expenses Operating income (loss) Other expense, net Income (loss) before income taxes Income tax expense Net income (loss) 358,902 368,620 107,367 834,889 (372,969) (2,205) (375,174) 43,829 $ (419,003) 241,694 268,939 107,833 618,466 54,748 (2,163) 52,585 16,454 36,131 151,852 194,377 93,971 440.200 187,035 (6,060) 180,975 52,887 $ 128,088 $ EXHIBIT 6 , GoPro, Inc., Consolidated Balance Sheets, 20152016 (in thousands, except par values) December 31, 2016 December 31, 2015 Assets Current assets: Cash and cash equivalents Marketable securities Accounts receivable, net Inventory Prepaid expenses and other current assets Total current assets Property and equipment, net Intangible assets, net Goodwill Other long-term assets Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities Deferred revenue Total current liabilities Long-term taxes payable Other long-term liabilities Total liabilities $192,114 25,839 164,553 167,192 38,115 587,813 76,509 33,530 146,459 78,329 $922,640 $ 279,672 194,386 145,692 188,232 25,261 833,243 70,050 31,027 57,095 111,561 $1,102,976 $ $205,028 211,323 14,388 430,739 26,386 18,570 475,695 89,989 192,446 12,742 295, 177 21,770 13,996 330,943 (Continued) December 31, 2016 December 31, 2015 757,226 663,311 Stockholders' equity: Preferred stock, $0.0001 par value, 5,000 shares authorized; none issued Common stock and additional paid-in capital, $0.0001 par value, 500,000 Class A shares authorized, 104,647 and 100,596 shares issued and outstanding, respectively; 150,000 Class B shares authorized, 36,712 and 36,005 shares issued and outstanding, respectively Treasury stock, at cost, 1,545 and 1,545 shares, respectively Retained earnings (accumulated deficit) Total stockholders' equity Total liabilities and stockholders' equity Source: GoPro, Inc., 2016 10-K. (35,613) (274,668) 446,945 $922,640 (35,613) 144,335 772,033 $1,102,976 EXHIBIT 7. GoPro, Inc., Revenues by Geographic Region, 2014-2016 Year ended December 31, 2016 vs. 2015 2015 vs. 2014 % Change (28)% (29)% % Change 27% 2% (in thousands) Units shipped Americas Percentage of revenue Europe, Middle East, & Africa Percentage of revenue Asia Pacific region Percentage of revenue Total revenue 2016 4,762 $ 619,784 52.3% 366,352 30.9% 199,345 16.8% $1,185,481 2015 6,584 $ 868,772 53.6% 535,262 33.0% 215,939 13.4% $1,619,971 2014 5,180 $ 890,352 63.9% 371,197 26.6% 132,656 9.5% $1,394,205 (32)% 44% (8)% 63% (27)% 16% EXHIBIT 1 Financial Summary for GoPro, Inc., 2011-2016 (in thousands, except per share amounts) Consolidated statements of operations data: 2016 2015 2014 2013 2012 2011 Revenue Gross profit Gross margin Operating income Net income $1,185,481 461,920 39.0% (372,969) (419,003) $ 1,619,971 673,214 41.6% 54,748 36,131 $1,394,205 627,235 45.0% 187,035 128,088 $ 985,737 361,784 36.7% 98,703 60,578 $ 526,016 227,486 43.2% 53,617 32,262 $234,238 122,555 52.3% 38,779 24,612 Net income per share: Basic Diluted $(3.01) $(3.01) $0.27 $0.25 $1.07 $0.92 $0.54 $0.47 $0.07 $0.07 $0.26 $0.24 Source: GoPro, Inc., 2016 10-K. EXHIBIT 2 GoPro's Stock Performance, June 2014 July 2017 $100 Price J JASON D 15 F HAMJ JASON D 16 F M A M J J Year EXHIBIT 5 GoPro, Inc., Consolidated Statements of Operations, 20142016 (in thousands, except per share data) Year Ended December 31, 2016 2015 2014 $1,185,481 723,561 461,920 $1,619,971 946,757 673,214 $1,394,205 766,970 627,235 Revenue Cost of revenue Gross profit Operating expenses: Research and development Sales and marketing General and administrative Total operating expenses Operating income (loss) Other expense, net Income (loss) before income taxes Income tax expense Net income (loss) 358,902 368,620 107,367 834,889 (372,969) (2,205) (375,174) 43,829 $ (419,003) 241,694 268,939 107,833 618,466 54,748 (2,163) 52,585 16,454 36,131 151,852 194,377 93,971 440.200 187,035 (6,060) 180,975 52,887 $ 128,088 $ EXHIBIT 6 , GoPro, Inc., Consolidated Balance Sheets, 20152016 (in thousands, except par values) December 31, 2016 December 31, 2015 Assets Current assets: Cash and cash equivalents Marketable securities Accounts receivable, net Inventory Prepaid expenses and other current assets Total current assets Property and equipment, net Intangible assets, net Goodwill Other long-term assets Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities Deferred revenue Total current liabilities Long-term taxes payable Other long-term liabilities Total liabilities $192,114 25,839 164,553 167,192 38,115 587,813 76,509 33,530 146,459 78,329 $922,640 $ 279,672 194,386 145,692 188,232 25,261 833,243 70,050 31,027 57,095 111,561 $1,102,976 $ $205,028 211,323 14,388 430,739 26,386 18,570 475,695 89,989 192,446 12,742 295, 177 21,770 13,996 330,943 (Continued) December 31, 2016 December 31, 2015 757,226 663,311 Stockholders' equity: Preferred stock, $0.0001 par value, 5,000 shares authorized; none issued Common stock and additional paid-in capital, $0.0001 par value, 500,000 Class A shares authorized, 104,647 and 100,596 shares issued and outstanding, respectively; 150,000 Class B shares authorized, 36,712 and 36,005 shares issued and outstanding, respectively Treasury stock, at cost, 1,545 and 1,545 shares, respectively Retained earnings (accumulated deficit) Total stockholders' equity Total liabilities and stockholders' equity Source: GoPro, Inc., 2016 10-K. (35,613) (274,668) 446,945 $922,640 (35,613) 144,335 772,033 $1,102,976 EXHIBIT 7. GoPro, Inc., Revenues by Geographic Region, 2014-2016 Year ended December 31, 2016 vs. 2015 2015 vs. 2014 % Change (28)% (29)% % Change 27% 2% (in thousands) Units shipped Americas Percentage of revenue Europe, Middle East, & Africa Percentage of revenue Asia Pacific region Percentage of revenue Total revenue 2016 4,762 $ 619,784 52.3% 366,352 30.9% 199,345 16.8% $1,185,481 2015 6,584 $ 868,772 53.6% 535,262 33.0% 215,939 13.4% $1,619,971 2014 5,180 $ 890,352 63.9% 371,197 26.6% 132,656 9.5% $1,394,205 (32)% 44% (8)% 63% (27)% 16% Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started