How Much Money Does NewEgg.com Make?
by Anand on September 29th, 2009
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NewEgg.com, the electronics ecommerce retailer recently filed for an IPO to raise $175 million. From the filing, here are some numbers that we know regarding their financial.
Profitable every year since 2001
Sales for 2008 : $2.1 billion (up 13% yoy)
Net income in 2008 : $28.4 million (up 55% yoy)
Profit margin in 2008 : 1.4%
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