source: marketexclusive.com

This report provides the last five years revenues and revenue growth of GoPro, Inc. (GPRO) from 2012 to 2016. GoPro generated a total of $1.2 billion revenues during 2016. GoPro reported a revenue growth of -26.8% year-over-year during 2016. The revenues and the revenue growth correspond to the fiscal year ending in December.

GOPRO REVENUES FROM 2012 TO 2016

Here are the revenues and the revenue growth details of GoPro during the last five years:

  • GoPro generated a total of $526 million revenues during 2012. GoPro reported a revenue growth of 124.6% year-over-year during 2012.
  • GoPro generated a total of $985.7 million revenues during 2013. GoPro reported a revenue growth of 87.4% year-over-year during 2013.
  • GoPro generated a total of $1.4 billion revenues during 2014. GoPro reported a revenue growth of 41.4% year-over-year during 2014.
  • GoPro generated a total of $1.6 billion revenues during 2015. GoPro reported a revenue growth of 16.2% year-over-year during 2015.
  • GoPro generated a total of $1.2 billion revenues during 2016. GoPro reported a revenue growth of -26.8% year-over-year during 2016.
source: startechnews.com

WHY ANALYZE REVENUE GROWTH?

Revenue growth is the most commonly analyzed financial metric. Revenue Growth is the percent increase (or decrease) of a company’s revenue between two time periods. It is computed by using the following formula: ((revenues during the time period two – revenues during the time period one) / revenues during the time period one)*100. If the time periods are two consecutive years, then the revenue growth is referred to as the annual revenue growth year-over-year. If the time periods are two consecutive quarters, then the revenue growth is referred to as the quarterly revenue growth quarter-over-quarter. If the time periods refer to the same quarter in the two consecutive years, then the revenue growth is referred to as quarterly revenue growth year-over-year. In case the time periods are two non-consecutive years, then the revenue CAGR (Commutative Annual Growth Rate) is computed.

Revenue growth analysis is important for a number of reasons. First, it helps in understanding how a business is performing. If the revenue growth rates are positive, it means the business is performing well and the revenues are increasing. If the revenue growth rates are negative, it means the revenues are declining and the company needs to take measures to increase them. If they don’t, the company will continue to shrink. Second, a company’s historical revenue growth analysis along with the market size and market share analysis helps in forecasting the future revenues of a company. Third, a comparison of a company’s growth rates with its competitors helps in determining who is winning more business. A revenue growth higher than the industry average translates into increasing market share. Companies with very high revenue growth rates have the potential to be the industry disrupters.

source: dpreview.com

GOPRO RANKING

With $1.2 billion revenues, GoPro ranked number 1286 in the R&P; Research list of top-3000 public companies in the US by revenues during 2016. Each one of the top-3000 companies generated more than $50 million of annual revenues during 2016.

The top-20 companies in the US by revenues during 2016 were:

  1. Walmart ($482.1 billion)
  2. ExxonMobil ($226.1 billion)
  3. Berkshire Hathaway ($223.6 billion)
  4. Apple ($215.6 billion)
  5. McKesson ($190.9 billion)
  6. UnitedHealth Group ($184.8 billion)
  7. CVS Health ($177.5 billion)
  8. General Motors ($166.4 billion)
  9. AT&T; ($163.8 billion)
  10. Ford Motor ($151.8 billion)
  11. AmerisourceBergen ($146.8 billion)
  12. Amazon ($136 billion)
  13. Verizon ($126 billion)
  14. General Electric ($123.7 billion)
  15. Cardinal Health ($121.5 billion)
  16. Costco ($118.7 billion)
  17. Walgreens Boots Alliance ($117.4 billion)
  18. Chevron ($114.5 billion)
  19. Kroger ($109.8 billion)
  20. Express Scripts Holding ($100.3 billion)

For the purpose of performance benchmarking of a company with a sector or industry average, R&P; Research associates every company with one sector and one industry. An industry consists of companies with related/similar business models. A sector comprises of a group of related/similar industries. For example, Life Sciences sector is comprised of following industries: Pharmaceuticals; Medical Devices; Biotechnology; Diagnostics & Scientific Instruments.

source: thenextweb.com

GoPro is associated with Technology Sector and Networking Equipment and Services Industry.

With $1.2 billion revenues, GoPro ranked number 132 of all the companies in the US Technology sector. There were a total of 406 public companies in the US Technology sector that had revenues greater than $50 million during 2016.

The top-10 companies in the US Technology sector by revenues during 2016 were:

  1. Apple ($215.6 billion)
  2. Amazon ($136 billion)
  3. Alphabet ($90.3 billion)
  4. Microsoft ($85.3 billion)
  5. IBM ($79.9 billion)
  6. Intel ($59.4 billion)
  7. Hewlett Packard Enterprise ($50.1 billion)
  8. Cisco Systems ($49.2 billion)
  9. HP ($48.2 billion)
  10. Oracle ($37 billion)
source: pcpress.rs

Technology sector is comprised of the following industries: Computers Systems and Peripherals; Software; Semiconductor; IT Consulting and Outsourcing Services; Networking Equipment and Services; Internet; Other. The definitions for each of the industries is as follows:

  • Computers Systems and Peripherals industry includes companies primarily engaged in manufacturing of personal computers, servers, mainframes, workstations, and other computer accessories and peripherals such as storage drives, mice, keyboards and printers. It also includes manufacturers of mobile phones and tablets.
  • Software industry includes businesses providing software products such as operating systems, productivity suites, enterprise software, data and analysis software, advertising and marketing software, engineering and manufacturing software, networking software, and IT management software. It also includes companies providing industry-specific software focused on different sectors such as Financials, Automotive, Telecom, Utilities, Travel, Real Estate, Media and Publishing.
  • Semiconductor industry includes companies primarily engaged in manufacturing and distribution of semiconductor products such as microprocessors, chipsets, motherboards, flash memory, and wired and wireless connectivity products. It also includes companies that provide semiconductor equipment and services to the semiconductor industry.
  • IT Consulting and Outsourcing Services industry includes companies primarily engaged in providing information technology consulting and outsourcing services to other businesses. The services include IT consulting, systems integration, application development and management, IT infrastructure management, and network operations management.
  • Networking Equipment and Services industry includes companies primarily engaged in manufacturing and distribution of networking and communications equipment for transporting data, voice, and video traffic across intranets, extranets, and the Internet. The key products include routers and switches for local and wide-area networks, cable modems, teleconferencing equipment, and wireless access points.
  • Internet industry includes Internet-based businesses providing products and services such as search engines, social networking, web hosting, email, domain name registration, and eCommerce. It also includes industry information/services portals focused on different sectors such as Financials, Automotive, Travel, Health, Real Estate, Media, and Publishing.
  • Other industry includes companies providing products such as photocopiers, fax machines, point of sale machines, audio/video technologies, and video games. It also includes technology companies that are not part of other six technology industries.
source: pivotts.com

With $1.2 billion revenues, GoPro ranked number 10 of all the companies in the US Networking Equipment and Services industry. There were a total of 30 public companies in the US Networking Equipment and Services industry that had revenues greater than $50 million during 2016.

The top-10 companies in the US Networking Equipment and Services industry by revenues during 2016 were:

  1. Cisco Systems ($49.2 billion)
  2. Juniper Networks ($5 billion)
  3. Garmin ($3 billion)
  4. Ciena ($2.6 billion)
  5. Brocade Communications Systems ($2.3 billion)
  6. Fitbit ($2.2 billion)
  7. HC2 Holdings ($1.6 billion)
  8. Netgear ($1.3 billion)
  9. Finisar ($1.3 billion)
  10. GoPro ($1.2 billion)
source: wired.com

COMPANIES SEGMENTATION

To identify and analyze high/low growth or most/least profitable similar-size companies in different sectors or industries, R&P; research classifies all companies into different segments based upon their revenues, revenue growth, and net profit margins.

Based upon their annual revenues, the companies are classified into one of the following four segments:

  1. Mega companies, having revenues greater than $50 billion.
  2. Very Large companies, having revenues between $10 billion and $50 billion.
  3. Large companies, having revenues between $1 billion and $10 billion.
  4. Mid-size companies, having revenues between $50 million and $1 billion.

With $1.2 billion revenues, GoPro was in the Large companies revenue segment during 2016. There were a total of 1097 companies in the Large companies revenue segment during 2016.

Based upon their annual revenue growth, the companies are classified into one of the following eight segments:

  1. Very High positive growth companies, having annual revenue growth greater than 50%.
  2. High positive growth companies, having annual revenue growth between 20% and 50%.
  3. Medium positive growth companies, having annual revenue growth between 5% and 20%.
  4. Low positive growth companies, having annual revenue growth between 0% and 5%.
  5. Low negative growth companies, having annual revenue growth between -5% and 0%.
  6. Medium negative growth companies, having annual revenue growth between -20% and -5%.
  7. High negative growth companies, having annual revenue growth between -50% and -20%.
  8. Very High negative growth companies, having annual revenue growth less than -50%.
source: study.com

With -26.8% revenue growth year-over-year, GoPro was in the High negative revenue growth segment during 2016. There were a total of 169 companies in the High negative revenue growth segment during 2016. Of the US top-3000 companies, 1985 (nearly two-third of the total) had positive revenue growth and 1015 (nearly one-third of the total) had negative revenue growth during 2016.

Based upon their annual net profit margin, the companies are classified into one of the following eight segments:

  1. Very High positive margin companies, having net profit margin greater than 50%.
  2. High positive margin companies, having net profit margin between 20% and 50%.
  3. Medium positive margin companies, having net profit margin between 5% and 20%.
  4. Low positive margin companies, having net profit margin between 0% and 5%.
  5. Low negative margin companies, having net profit margin between -5% and 0%.
  6. Medium negative margin companies, having net profit margin between -20% and -5%.
  7. High negative margin companies, having net profit margin between -50% and -20%.
  8. Very High negative margin companies, having net profit margin less than -50%.

With a net margin of -35.3%, GoPro was in the High negative net profit margin segment during 2016. There were a total of 155 companies in the High negative net profit margin segment during 2016. Of the US top-3000 companies, 2244 (nearly three-fourth of the total) had positive net profit margin and 756 (nearly one-fourth of the total) had negative net profit margin during 2016.

source: ft.com

COMPANY BUSINESS SUMMARY

GoPro, Inc. develops and sells mountable and wearable cameras, and accessories in the United States and internationally. The company offers HERO5, a line of cloud-connected cameras; GoPro Plus, a cloud-based storage solution that enables subscribers to access, edit, and share content; Quik, a desktop app that provides expanded editing options for power users; Capture, a mobile app that allows users to preview and play back shots, control their GoPro cameras, and share content on the fly using their smartphones; Karma, a compact and foldable drone and versatile stabilization solution; and Karma Grip, a handheld and body-mountable camera stabilizer to capture zero-shake and smooth video. It also offers mountable, wearable, and voice activated accessories comprising equipment-based mounts consisting of helmet, handlebar, roll bar, and tripod mounts that enable consumers to wear the mount on their bodies, such as wrist housings, chest harnesses, and head straps. GoPro, Inc. markets and sells its products through retailers and distributors, as well as through its Website. The company was formerly known as Woodman Labs, Inc. and changed its name to GoPro, Inc. in February 2014. GoPro, Inc. was founded in 2004 and is headquartered in San Mateo, California.

source: shop.gopro.com

INDUSTRY PEERS AND COMPETITORS OF GOPRO

HC2 Holdings (HCHC) Business Analysis – Analyze Historical Performance, Strategic Priorities,…

HC2 Holdings, Inc. with $2 billion revenues in the year 2016 was the number 7 Networking Equipment and Services company. Read this report to know the top competitors of HC2 Holdings and identify growth and cost optimization opportunities of HC2 Holdings

Netgear (NTGR) Business Analysis – Analyze Historical Performance, Strategic Priorities, And…

Netgear, Inc with $1 billion revenues in the year 2016 was the number 8 Networking Equipment and Services company. Read this report to know the top competitors of Netgear and identify growth and cost optimization opportunities of Netgear

Finisar (FNSR) Business Analysis – Analyze Historical Performance, Strategic Priorities, And…

Finisar Corp with $1 billion revenues in the year 2016 was the number 9 Networking Equipment and Services company. Read this report to know the top competitors of Finisar and identify growth and cost optimization opportunities of Finisar

Arista Networks (ANET) Business Analysis – Analyze Historical Performance, Strategic Priorities,…

Arista Networks, Inc. with $1 billion revenues in the year 2016 was the number 11 Networking Equipment and Services company. Read this report to know the top competitors of Arista Networks and identify growth and cost optimization opportunities of Arista Networks

Mitel Networks (MITL) Business Analysis – Analyze Historical Performance, Strategic Priorities,…

Mitel Networks Corp with $988 million revenues in the year 2016 was the number 12 Networking Equipment and Services company. Read this report to know the top competitors of Mitel Networks and identify growth and cost optimization opportunities of Mitel Networks

Black Box (BBOX) Business Analysis – Analyze Historical Performance, Strategic Priorities,…

Black Box Corp with $913 million revenues in the year 2016 was the number 13 Networking Equipment and Services company. Read this report to know the top competitors of Black Box and identify growth and cost optimization opportunities of Black Box

REVENUES ANALYSIS

GoPro (GPRO) Revenues And Revenue Growth From 2012 To 2016

This report provides the last five years revenues and revenue growth of GoPro, Inc. (GPRO) from 2012 to 2016. GoPro generated a total of $1.2 billion revenues during 2016. GoPro reported a revenue growth of -26.8% year-over-year during 2016. The revenues and the revenue growth correspond to the fiscal year ending in December.

GoPro (GPRO) Revenues And Revenue Growth From 2011 To 2016

This report provides the last six years revenues and revenue growth of GoPro, Inc. (GPRO) from 2011 to 2016. GoPro generated a total of $1.2 billion revenues during 2016. GoPro reported a revenue growth of -26.8% year-over-year during 2016. The revenues and the revenue growth correspond to the fiscal year ending in December.

GoPro (GPRO) Revenue Growth Comparison With Industry Growth From 2012 To…

This report provides a comparison of GoPro, Inc. (GPRO) revenue growth with Networking Equipment and Services industry growth during the last five years from 2012 to 2016. GoPro reported a revenue growth of -26.8% year-over-year during 2016. The Networking Equipment and Services industry growth was 3.1% year-over-year during 2016. GoPro growth was slower than the industry during 2016.

PROFIT ANALYSIS

GoPro (GPRO) Net Profit And Net Margin From 2012 To 2016

This report provides the last five years net profit and net margin of GoPro, Inc. (GPRO) from 2012 to 2016. GoPro reported a total net income of -$419 million during 2016. GoPro generated a total of $1.2 billion revenues during 2016. GoPro net profit margin was -35.3% during 2016. The net profit and the net profit margin correspond to the fiscal year ending in December.

GoPro (GPRO) Net Profit And Net Margin From 2011 To 2016

This report provides the last six years net profit and net margin of GoPro, Inc. (GPRO) from 2011 to 2016. GoPro reported a total net income of -$419 million during 2016. GoPro generated a total of $1.2 billion revenues during 2016. GoPro net profit margin was -35.3% during 2016. The net profit and the net profit margin correspond to the fiscal year ending in December.

GoPro (GPRO) Net Profit Margin Comparison With Industry From 2012 To…

This report provides a comparison of GoPro, Inc. (GPRO) net profit margin with Networking Equipment and Services industry net profit margin during the last five years from 2012 to 2016. GoPro reported a net profit margin of -35.3% during 2016. The Networking Equipment and Services industry net profit margin was 14.4% during 2016. GoPro was less profitable than the industry during 2016.

COST & EXPENSES ANALYSIS

GoPro (GPRO) Cost of Sales (COGS) Analysis From 2012 To 2016

This report provides the last five years cost of sales (COGS) analysis of GoPro, Inc. (GPRO) from 2012 to 2016. GoPro spent a total of $723.6 million on COGS during 2016. GoPro generated a total of $1.2 billion revenues during 2016. As a percentage of revenues, GoPro spent 61% of its total revenues on COGS during 2016. The cost of sales (COGS) numbers are for the fiscal year ending in December.

GoPro (GPRO) Research & Development (R&D) Spending Analysis From 2012 To…

This report provides the last five years research and development (R&D;) expenses of GoPro, Inc. (GPRO) from 2012 to 2016. GoPro spent a total of $358.9 million on research and development (R&D;) activities during 2016. GoPro generated a total of $1.2 billion revenues during 2016. As a percentage of revenues, GoPro spent 30.3% of its total revenues on R&D; activities during 2016. The R&D; spending numbers are for the fiscal year ending in December.

GoPro (GPRO) Sales, Marketing, General & Administrative (SG&A) Spending Analysis From…

This report provides the last five years sales, marketing, general & administrative (SG&A;) expenses of GoPro, Inc. (GPRO) from 2012 to 2016. GoPro spent a total of $476 million on sales, marketing, general, and administrative (SG&A;) activities during 2016. GoPro generated a total of $1.2 billion revenues during 2016. As a percentage of revenues, GoPro spent 40.2% of its total revenues on SG&A; activities during 2016. The SG&A; spending numbers are for the fiscal year ending in December.

WORKING CAPITAL ANALYSIS

GoPro (GPRO) Inventory Spending Analysis From 2012 To 2016

This report provides the last five years inventory spending analysis of GoPro, Inc. (GPRO) from 2012 to 2016. GoPro invested a total of $167.2 million on inventories during 2016. GoPro generated a total of $1.2 billion revenues during 2016. As a percentage of revenues, GoPro invested 14.1% of its total revenues on inventories during 2016. The inventory numbers are for the fiscal year ending in December.

GoPro (GPRO) Accounts Receivable (A/R) Analysis From 2012 To 2016

This report provides the last five years Accounts Receivable (A/R) analysis of GoPro, Inc. (GPRO) from 2012 to 2016. GoPro invested a total of $164.6 million on accounts receivable during 2016. GoPro generated a total of $1.2 billion revenues during 2016. As a percentage of revenues, GoPro invested 13.9% of its total revenues on accounts receivable during 2016. The accounts receivable numbers are for the fiscal year ending in December.

GoPro (GPRO) Accounts Payable (A/P) Analysis From 2012 To 2016

This report provides the last five years Accounts Payable (A/P) analysis of GoPro, Inc. (GPRO) from 2012 to 2016. GoPro invested a total of $205 million on accounts payable during 2016. GoPro generated a total of $1.2 billion revenues during 2016. As a percentage of revenues, GoPro invested 17.3% of its total revenues on accounts payable activities during 2016. The accounts payable numbers are for the fiscal year ending in December.

ASSET MANAGEMENT ANALYSIS

GoPro (GPRO) Property, Plant & Equipment (PP&E) Investment Analysis From 2012…

This report provides the last five years property, plant & equipment (PP&E;) investment analysis of GoPro, Inc. (GPRO) from 2012 to 2016. GoPro invested a total of $76.5 million on property, plant & equipment (PP&E;) activities during 2016. GoPro generated a total of $1.2 billion revenues during 2016. As a percentage of revenues, GoPro invested 6.5% of its total revenues on PP&E; activities during 2016. The PP&E; investment numbers are for the fiscal year ending in December.

GoPro (GPRO) Intangible Assets Analysis From 2012 To 2016

This report provides the last five years Intangible assets analysis of GoPro, Inc. (GPRO) from 2012 to 2016. GoPro invested a total of $180 million on Intangible assets during 2016. GoPro generated a total of $1.2 billion revenues during 2016. As a percentage of revenues, GoPro invested 15.2% of its total revenues on intangible assets during 2016. The Intangible asset numbers are for the fiscal year ending in December.