- Impact
- 3,667
https://finance.yahoo.com/news/godaddy-reports-continued-growth-first-200500035.html
-more than 14 million customers
-domain revenue about half of total
-average revenue per user less than $125 (given that many domainers might spend this much every week or for some larger portfolios every day, the implication is many customers just register one domain for reg fee and maybe add a hosting service)
I have never liked EBITDA as a metric because the reality is...
- if you have debt, you have to pay interest
-if you have profits you have to pay taxes and if you don't have profits well you have issues
-depreciation is a non-cash expense but represents "the systematic allocation of the cost of the use of an asset over the accounting periods making up its estimated useful life" - In other words you acquired an asset at a cost whose cost was not immediately recognized as an expense but will be over time. Fixed assets such as computers, company cars, buildings, office furniture, etc. eventually have to be replaced. So you it is misleading to assume that depreciation is not a legitimate expense.
-amortization relates to intangibles - OK perhaps an argument could be made to report a metric which excludes amortization costs
-more than 14 million customers
-domain revenue about half of total
-average revenue per user less than $125 (given that many domainers might spend this much every week or for some larger portfolios every day, the implication is many customers just register one domain for reg fee and maybe add a hosting service)
I have never liked EBITDA as a metric because the reality is...
- if you have debt, you have to pay interest
-if you have profits you have to pay taxes and if you don't have profits well you have issues
-depreciation is a non-cash expense but represents "the systematic allocation of the cost of the use of an asset over the accounting periods making up its estimated useful life" - In other words you acquired an asset at a cost whose cost was not immediately recognized as an expense but will be over time. Fixed assets such as computers, company cars, buildings, office furniture, etc. eventually have to be replaced. So you it is misleading to assume that depreciation is not a legitimate expense.
-amortization relates to intangibles - OK perhaps an argument could be made to report a metric which excludes amortization costs







