Groupon, Inc.
Analysis for Ticker: GRPN
Groupon Inc functions as a global marketplace connecting consumers with local merchants to sell discounts on beauty, travel, and goods. Behind this facade is a business that has effectively already failed, hiding an accumulated deficit of 1,59$ billion. The core mathematical reality is that this company owes 342,8$ million to lenders and another 235,5$ million to the merchants who use its platform, while holding only 296,1$ million in the bank. It is like a store that sells coupons for other people's products but cannot afford to pay its own rent or its suppliers, surviving only by borrowing more money at higher costs to pay off old debts while the owners take the remaining cash for themselves.