Twitter closes 2013 with $ 645 million net loss

The millions of dollars in compensation to employees for the Twitter IPO weighed the economic performance of this network in 2013, a year in which even though its revenues rose 109.7% the company recorded 645 million dollars of net losses.

Twitter today launched its first public balance results in its history by the standards of the Securities and Exchange Commission U.S. to all entities listed on Wall Street, where the company debuted Internet on November 7 undergo .

Its expected landing at New York park forced Twitter to compute an expenditure of $ 521 million in its last quarter that had been compromised in the majority ( 76% ) to its workers as payment in shares .

To avoid the dissonance of those numbers in the analysis of business performance , managers stressed Twitter results highlight after deducting financial items , depreciation , taxes and amortization .

However, in absolute terms including market impact , the company lost $ 645 million in 2013 , eight times more than in 2012, which also ended in the red, and entered 664 million , 109.7 % higher than a year ago . Nearly a third of that amount, 242 million , originated between October and December.

Twitter 's quarterly revenue rose 116.1 % from the same period of 2012, while net losses, without discounting the stock effect , increased from just over $ 8 million in the last quarter of 2012 to 511,000,000 for the same period in 2013 .

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