A Look at Amazon.com

AMAZON.COM Amazon announced a statement mission to change books to the fastest, easiest and enjoyable shopping experience using the Internet. It is a fact that several goods and services offer the same quality shopping experience and customer service to ensure continued growth. In doing so, Amazon continues to commit to its commitment to customer service and education and an exciting shopping experience 1. Amazon has many qualities to make them a leader in electronic retail

Looking at the financial situation of Amazon.com, they are one of industry leaders there and it shows it. These books were reviewed by Ernst Younge LLP. Looking at the Amazon balance sheet, current assets, liabilities, shareholders' equity are displayed. This statement contains data for 2003, 2004 and 2005 for three years. Assets are owned by the company, annual figures are up 9%. Debt, this is the money they owe. This figure is an annual rise of 10%. Shareholders' equity is the value generated by the owner or company. Since shareholders' equity is the difference between the company's assets and liabilities, the quantity does not increase or decrease.

Looking first at Amazon's revenue data, their sales growth rate is about 22.70%. However, their revenue growth rate is -43.40%. Although they earn money, their bank accounts are not increasing, as they reinvest their profits in the company. They are predicting that future revenues will increase, but they are currently investing in the future. & Lt; Tab / & gt; Now look at overstock.com. This has greatly increased sales compared to amazon.com. The current sales growth rate is 62.50%. However, compared to Amazon's 333 million dollar growth, total revenue in 2005 was $ 244.9 million. This difference is mainly due to net profit margin. Amazon's margin is 90% and Overstock.com's margin is -3.10%.