Groupon changes IPO filing that masked poor numbers


Groupon, the daily deals company that went public in early June, opted to amend its IPO filing on Wednesday to strip out the odd metric. The company came under criticism for its dependency on an account system that masks a portion of its losses.

The former metric known as the “adjusted consolidated segment operating income” or “ACSOI” eliminated extensive marketing costs making the numbers for Groupon much more attractive. Original filing by Groupon showed $60.6 million in 2010 and already $81.6 million for the first quarter of 2011.


About Author


News Assistant/Reporter

Comments are closed.

Social Widgets powered by