View Single Post
Old 02-22-2014, 09:59 AM   #1
Top100EbooksRank
Banned
Top100EbooksRank ought to be getting tired of karma fortunes by now.Top100EbooksRank ought to be getting tired of karma fortunes by now.Top100EbooksRank ought to be getting tired of karma fortunes by now.Top100EbooksRank ought to be getting tired of karma fortunes by now.Top100EbooksRank ought to be getting tired of karma fortunes by now.Top100EbooksRank ought to be getting tired of karma fortunes by now.Top100EbooksRank ought to be getting tired of karma fortunes by now.Top100EbooksRank ought to be getting tired of karma fortunes by now.Top100EbooksRank ought to be getting tired of karma fortunes by now.Top100EbooksRank ought to be getting tired of karma fortunes by now.Top100EbooksRank ought to be getting tired of karma fortunes by now.
 
Posts: 304
Karma: 6102528
Join Date: Mar 2012
Device: Kindle
the Nook overall loss might have exceeded $1.3 billion USD to date

The topic that B&N Nook might be sold for $300 million got me looking into the Nook losses to date. Here's what I have found:


Year ending April 30 2010 NOOK EBITA: ?
Year ending April 30 2011 NOOK EBITA: (209 million USD)
Year ending April 30 2012 NOOK EBITA: (261 million USD)
Year ending April 30 2013 NOOK EBITA: (475 million USD)
+
Quarter ending on July 27, 2013 NOOK EBITA: (55 million USD)
Quarter ending on October 26, 2013 NOOK EBITA (45 million USD)


Assume (200 mil) for the year ending April 30 2010 and (50 mil) for the Quarter ending on January 26, 2014, the total EBITA would be (1045) + (200) + (50) = (1295 million USD) as of January 26, 2014.

Things are not looking good for the Nook. Waterstones decision not to enter into the e-readers/tablets market looking more and more like a great decision.



p.s. EBITA is a company's earnings before the deduction of interest, tax and amortization expenses.

B&N combined year ending April 30 2013:

EBITDA $ 10,266

Depreciation and Amortization (227,134)
Interest Expense, net (35,345)
Income Taxes 97,407
Total loss $ (154,806)

Last edited by Top100EbooksRank; 02-22-2014 at 10:07 AM.
Top100EbooksRank is offline   Reply With Quote