Amazon.com Inc Financial Performance from Time to Time
Amazon.com Inc Financial Performance from Time to
Time- Amazon is the world’s leading e-commerce industry. They
have had billions of customers and sales in the last 5 years. Founded by Jeff
Preston Bezos (the alumni of Princeton University) in the Garage, this company
grows continuously. In the beginning, there are many e-commerce companies
in the US and World. Amazon and e-bay compete to become the world’s
biggest e-commerce company. Amazon starts with books online transactions, and
then it can develop into miscellaneous products all around the world. With
the development of technological companies, amazon can grow steadily.
They can become the world’s biggest e-commerce company.
As the growing business of Amazon, Jeff Bezos as the owner and founder boost his wealth. He has the same level as Bill Gates, Amancio Ortega, Warren Buffet, and the other billionaire. That’s the payoff effort and hardworking since he resigned from financial institutions around the 1990s.
Table of Assets, Liabilities, and Equities of Amazon.com Inc
|
years |
Assets |
Liabilities |
Equities |
|
Milllion US Dollar |
Milllion US Dollar |
Milllion US Dollar |
|
|
2000 |
2,135 |
3,102 |
-967 |
|
2001 |
1,637 |
3,077 |
-1,440 |
|
2002 |
1,990 |
3,342 |
-1,352 |
|
2003 |
2,162 |
3,198 |
-1,036 |
|
2004 |
3,248 |
3,475 |
-227 |
|
2005 |
3,696 |
3,450 |
246 |
|
2006 |
4,363 |
3,932 |
431 |
|
2007 |
6,485 |
5,288 |
1,197 |
|
2008 |
8,314 |
5,642 |
2,672 |
|
2009 |
13,813 |
8,556 |
5,257 |
|
2010 |
18,797 |
11,933 |
6,864 |
|
2011 |
25,278 |
17,521 |
7,757 |
|
2012 |
32,555 |
24,363 |
8,192 |
|
2013 |
40,159 |
30,413 |
9,746 |
|
2014 |
54,505 |
43,764 |
10,741 |
|
2015 |
65,444 |
52,060 |
13,384 |
|
2016 |
83,402 |
64,117 |
19,285 |
|
2017 |
131,310 |
103,601 |
27,709 |
|
2018 |
162,648 |
119,099 |
43,549 |
|
2019 |
225,248 |
163,188 |
62,060 |
|
2020 |
321,195 |
227,791 |
93,404 |
|
2021 |
420,549 |
282,304 |
138,245 |
|
2022 |
462,675 |
316,632 |
146,043 |
|
2023 |
527,854 |
325,979 |
201,875 |
|
Source : Amazon Annual Report,
2000-2023 |
|||
Based on the balance sheet published annually from 2000 to
2023. The assets can grow positively from time to time. Equities have grown in
the same way sometimes. In the year of 2000, the assets of amazon were just 2.1
billion US. Dollar and equities just – 967 million US. Dollars. But from time
to time, the growth of Amazon can grow more than 300 times in the last 2
decades. The assets of Amazon in 2023 reached 527 billion USD and Equites
reached 201 billion USD. It showed that fundamentals of the financial company get
stronger with the health financial conditions from time to time.
Table of Revenue and
Income of Amazon.com Inc
|
Years |
Revenue |
Income |
|
Million US Dollar |
Million US Dollar |
|
|
2000 |
2,761 |
-1,411 |
|
2001 |
3,122 |
-567 |
|
2002 |
3,932 |
-149 |
|
2003 |
5,263 |
35 |
|
2004 |
6,921 |
588 |
|
2005 |
8,490 |
359 |
|
2006 |
10,711 |
190 |
|
2007 |
14,835 |
476 |
|
2008 |
19,166 |
645 |
|
2009 |
24,509 |
902 |
|
2010 |
34,204 |
1,152 |
|
2011 |
48,077 |
631 |
|
2012 |
61,093 |
-39 |
|
2013 |
74,452 |
274 |
|
2014 |
88,988 |
-241 |
|
2015 |
107,006 |
596 |
|
2016 |
135,987 |
2,371 |
|
2017 |
177,866 |
3,033 |
|
2018 |
232,887 |
10,073 |
|
2019 |
280,522 |
11,588 |
|
2020 |
386,064 |
21,331 |
|
2021 |
469,822 |
33,364 |
|
2022 |
513,983 |
-2,722 |
|
2023 |
574,785 |
33,364 |
|
Source : Amazon Annual Report,
2000-2023 |
||
The revenue has grown in line with the development of the
company. The revenue of the company in 2000 was just 2.7 billion US. Dollars.
Meanwhile, in that time, the company suffered losses of around 1.4 billion US.
Dollars. But in the next decades, the business performance of Amazon
showed positive results. In the year 2023, the revenue of the company reached 574
billion US Dollars or increased 150 times than in 2000. Furthermore, the net
income of Amazon in 2023 reached 33,364 million USD. Commonly, it was
significant positive performance because Amazon suffered financial losses
reaching -2 billion USD.
With this performance of incredible amazon business, this
company is regarded as one of the biggest e-commerce companies in the world
along with Alibaba, J.D., Shopify, e-bay. More customers and users do the
transaction via e-commerce because of the development of information
technologies.
Amazon is an example of a company because of the revolution of technologies.
This company found a breakthrough to make trading more efficient. They can give
the solution to the customers. With Amazon, the customer can do the transaction
more effectively and efficiently. The development of the internet industry
in line with online transactions can give the financial benefit to
Amazon. More users and customers visit their website or application and
do the transactions in Amazon. Finally, Amazon can get more money and boost
their revenue/ income from time to time.
The Bibliography of Amazon.com Inc financial Performance from Time to Time.
Amazon. 2024. Investor Relations. Accessed via
https://ir.aboutamazon.com/annual-reports-proxies-and-shareholder-letters/default.aspx
on January 26th, 2024.