Uber has filed its S-1 to create the conditions for the carrier to go public next month. This happens less than a month after the debut of competitor Lyft in the public market.
Uber is listed on the New York Stock Exchange under the symbol "UBER", but has not yet announced the IPO price expected. While Uber did not disclose its intended valuation, the company plans to sell shares valued at around $ 10 billion, valuing the company at between $ 90 billion and $ 100 billion.
Uber generated net sales of $ 11.27 billion in revenue of $ 997 million in 2018 and an adjusted EBITDA loss of $ 1
But this is not the first time we have seen Uber's financials. In recent years, Uber has volunteered many of these numbers. His last private-sector report was released in February, when Uber announced $ 3 billion in revenue in the fourth quarter of 2018, with operating losses rising.
Uber's revenue increased from $ 3.5 billion in 2016 to $ 9.2 billion in 2018 billion in last year's fellow passenger co-products, in particular due to the ride-sharing opportunities.
Uber's monthly active platform users for driving, new mobility or eats totaled 91 million in the fourth quarter of 2018. That was a total of 1.5 billion trips in the quarter.
Uber's S-1 has a lot to offer, so let's take a quick look at some other things that we found interesting:
- Uber had about 5 in the fourth quarter of 2018 , 5 trips per month for active platform users compared to the same quarter a year ago
- Uber Eats made up 18 percent of gross bookings for the fourth quarter of 2018, which is higher than gross bookings for carpooling.
- Carpooling rates increased by 34 percent in 2018, while gross bookings fell by one a month
It's unclear how much money the key stakeholders will make, but Uber co-founder Travis Kalanick owns 8.6 percent of the company. With 117.5 million shares, he is the third largest shareholder. Other key stakeholders include Cayman 2 Ltd. and alphabet.
The Lyft rival submitted its S-1 documents in March, which represents a loss of nearly $ 1 billion in 2018 and $ 2.1 billion in revenue. $ 8.1 billion in bookings, 30.7 million drivers and 1.9 million drivers. About a week later Lyft set a range of $ 62 to $ 68 for its IPO to raise up to $ 2.1 billion. Since its debut on NASDAQ, the Lyft share has risen nearly 10 percent on the first day.