Coupang, Inc. is a company listed on NYSE with a symbol ‘CPNG’ and its stock price standing at 15.77 USD as of 2 October 2020. Based on the data provided in the table, it is possible to analyze the financial condition of the company by looking into its revenue reports.
Starting from 1 March 2023, Coupang reported an estimated revenue of 519 mln USD, followed by an actual report for 9 November 2022 with total revenue of 510 bln USD. The next report was for 10 August 2022 reporting 503 bln USD in total revenue and then 511 bln USD in 11 May 2022. The latest financial report from 2 March 2022 showed 507 bln USD in total revenue for Coupang, Inc.
From this analysis we can conclude that overall revenue for Coupang has been increasing over time until March 2023 when estimates show a slight drop. This may indicate that coupang’s financial position has been improving since end of 2021 but could be impacted if estimates come true in 2023. However, even if there is a drop in revenue, it appears to be small enough that it would not have a significant impact on the company’s overall financial performance.
