Join hosts Jason “Retailgeek” Goldberg, Chief Commerce Strategy Officer at Publicis, and Scot Wingo, CEO of GetSpiffy and Founder and Executive Chairman of Channel Advisor, as they discuss the latest news and trends in the world of e-commerce and digital shopper marketing.
http://jasonandscot.com
episode 138: Amazon Q2 2018 Earnings Hot Take
EP138 - Amazon Q2 2018 Earnings Hot Take
This episode is a hot take on Amazon Q2 2018 earnings
- Amazon Q2 Earnings Highlights
- $52.9B, which is a 39% y/y increase
- $2.98B in operating income
- $21.8B in Free cash flow, less $11.4B in capex, $6.2B in lease repayments = Net $4.1B Free Cash Flow
- AWS had a material acceleration up 48% y/y constant currency and profits were $1.4b
- Amazon Web Services – came in at $6.1b – 49% y/y growth (an acceleration from last quarters 48% growth)
- North America – $32.2B up 44% Y/Y, operating income of $1.84B
- International – Revenue increased to $14.6B (+21% Y/Y) for a $0.494B loss
- Marketplace
- 53% 3P by Unit sales
- 3P Growing at 55% (constant currency)
- Wingo GMV estimate -> 1p – $37.6b/ 3p – $71b = $108.6b GMV
- Amazon Ad Business – grew 129% y/y to $2.19B
- Cowen estimates $8.6BN in 2018 rising to ~$37BN in 2023
- Amazon increasingly bypassing agencies to go directly to advertisers
- Increasing likely Amazon becomes first $1 trillion dollar company
Jason & Scot will at eTail East in Boston next week.
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Episode 138 of the Jason & Scot show was recorded on Monday, July 30th 2018.
Join your hosts Jason “Retailgeek” Goldberg, SVP Commerce & Content at SapientRazorfish, and Scot Wingo, Founder and Executive Chairman of Channel Advisor as they discuss the latest news and trends in the world of e-commerce and digital shopper marketing.