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Etsy: 93% implied upside Etsy runs multiple online marketplaces, including Depop for fashion resale and Reverb for musical instruments. That reduces payroll errors, which frees HR and accounting teams to spend their time on other tasks. Yet Paycom accounts for less than 5% of global HCM spend today, leaving a long runway for growth.
That slowdown also caused its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) -- which briefly turned positive in 2021 -- to turn negative again. Metric 2020 2021 2022 9M 2023 Revenue $2.6 billion $8.0 billion $15.6 billion $6.1 AI isn't a magic bullet that will solve all of Opendoor's recent problems.
Plus, a report by Goldman Sachs suggests consumers are concerned about a lack of rapid charging infrastructure , as well as the declining resale value of EVs in general. trillion in annual revenue by 2029, with FSD and Cybercab accounting for 63%. Ark's financial models suggest Tesla will generate $1.2
Although this is not great news, I would like to point out that a major piece of the revenue shortfall was resale revenue, which is low margin, and we have conscientiously reduced over the last few years to limit our dependency on this type of revenue. So, in the short term, the underrun and resale revenue impacts bottom-line profit.
It makes quick offers on homes without the need for staging and open houses, which benefits sellers, and it makes the necessary home improvements to have homes ready for resale, which benefits buyers. A better way to buy and sell homes Opendoor operates an iBuying platform connecting buyers and sellers. Revenue was $980 million, down from $3.4
Depreciation and amortization was flat year to year as a percent of revenue, down $17 million, reflecting continued capital discipline. Modern Workplace organic revenue declined year to year in the mid-teens impacted by resale revenue, which was down 30%. And with the resale, it will be negative double digits, low double digits.
Howard will be running our applications offering and be accountable for our AI strategy. GBS grew organically for the tenth consecutive quarter in Q2 and now accounts for 49.7% year-to-year decline, 160 basis points came from a reduced level of low-margin resale revenues, which was in line with our expectations.
Because as we know with companies like Uber and others, these members really do account for more of the spending for businesses like these that can be immensely profitable, particularly over time. The things that this excludes, it excludes stock-based comp, depreciation, amortization, and other items.
I don't know that they lose value, but maybe that value is amortized over a longer stretch of time. It gives you a comprehensive view of all of your accounts, investments, transactions and more, create custom budgets, set goals, and collaborate with your partner, and now get extended 30-day free trial when you go to monarchmoney.com/fool.
As a reminder, when we say agent economics, this reflects Compass' margin after accounting for both commission expense and other expenses such as agent marketing spend. year over year, principal agent count 20% year over year, total agent count by nearly 4,000 agents year over year and after accounting for four acquisitions.
The reduction to our cash incentives accounts for an additional 43 basis points improvement for an aggregate of 57 basis points of improvement in total agent economics, 57 basis points of improvement in total agent economics. million annual resale transactions in time. million to 5.5 I am cautiously optimistic about 2024.
Now these adjusted numbers account for some investments and some divestitures made over the past year so that we understand each other, Ron. They're going to start generating some of their EBITDA, or earnings before interest, taxes, and depreciation, and amortization of more than 600 million this quarter versus a loss of 928 million in Q2 22.
Operating executive, head of accounting and finance supervisory unit, Mr. Masao Kawaguchi. Shares of profit of investments accounted for using the equity method was 1.4 Shares of profit of investment accounted for using the equity method will decline due to the unit sales in China being revisited. Nice to meet you. trillion yen.
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