Groupon Files $750 Million IPO

Here is the key data from the Morgan Stanley (lead Underwriter), Goldman Sachs and Credit Suisse-led IPO:

• Q1 Revenue: $644 million, up from $44 million a year prior
• Q1 Gross Profit: $270 million, 41.9% margin, up from $20 million a year prior, and down from the margin of 45.5%
• Q1 Loss from operations: ($117) million compared to $8.5 million profit a year earlier.
• Q1 subscribers: 83.1 million, up from 3.4 million
• Q1 cash flow: $6.978 million down from $12.0 million a year earlier
• Cumulative customers: 15.8 million, up from 874K
• Featured merchants 56.781 up from 2,903
• Groupons sold: 28 million compared to 1.76 million