eBay Inc

eBay Inc. Corporate Fact Sheet: Q2 2009 eBay Inc. Founded in 1995, eBay Inc. connects hundreds of millions of people around the world every day, empowering them to explore new opportunities and innovate together. eBay Inc. does this by providing the Internet platforms of choice for global commerce, payments and communications. Since its inception, eBay Inc. has expanded to include some of the strongest brands in the world, includi ng eBay, PayPal, Skype, StubHub, Shopping.com, and others. eBay Inc. is headquartered in San Jose, California. Q2 2009 Overview eBay Inc. posted second quarter revenue of $2.10 billion, a $97.7 million year-over-year decrease. The yearover-year revenue growth of PayPal and Skype was more than offset by the stronger dollar and the modest decline in the Marketplaces business. Revenue (in $ millions) p GAAP Non-GAAP* 2,196 EPS (in $) Cash Flow (in $ millions) Operating Free* 2,118 2,098 0.43 0.35 0.38 0.46 0.41 0.39 0.37 738 617 731 693 543 684 669 578 525 602 0.29 2,036 2,020 0.26 0.25 Q2’08 Q3’08 Q4’08 Q1’09 Q2’09 Q2’08 Q3’08 Q4’08 Q1’09 Q2’09 Q2’08 Q3’08 Q4’08 Q1’09 Q2’09 Reported y/y Growth 20% 12% Organic y/y Growth 15% 10% -7% -8% -4% GAAP Reported y/y Growth 25% -155% -26% Non-GAAP Reported y/y Growth 26% 12% -9% GAAP Op. Margin 25% 25% Non-GAAP Op. Margin 32% 32% -18% -28% GAAP Reported y/y Growth 13% 10% -14% Non-GAAP Reported y/y Growth 16% 6% -21% CapEx % of Revenue 6% 7% FCF % of Revenue 28% 26% -13% -1% -1% -1% 1% -7% -14% -9% -2% 22% 21% 20% 8% 5% 6% 33% 31% 29% 26% 29% 29% Revenue Diversification $2,500,000 $2,000,000 eBay Inc. has an increasingly diversified revenue model. In only three years, the company's revenue from all sources other than Marketplaces transactions has jumped from 34% to 50% of eBay Inc.'s total revenue as of Q209. Other Communications Transaction $1,500,000 $1,000,000 Payments Transaction Marketplaces – International Transactions $500,000 Marketplaces – U.S. Transactions $0 Q206 Q308 Q406 Q107 Q207 Q307 Q407 Q108 Q208 Q308 Q408 Q109 Q209 *For reconciliation to the nearest GAAP figure, please go to news.ebay.com/fastfacts.cfm For more information, contact John Pluhowski or jpluhowski@ebay.com or call eBay’s media hotline at 408.376.7458. For the latest eBay Inc. news, go to ebayinkblog.com. Updated: Q2 2009 HOW THE PORTFOLIO* WAS BUILT: 2001PRESENT *Key acquisitions only. eBay has a presence in 39 markets, not including classifieds properties **Joint venture or minority investment stake Strong Company … Getting Stronger We have the financial flexibility to pursue attractive opportunities: $2.6 billion in cash and cash equivalents on balance sheet in Q2 2009 $731 million in operating cash flow in Q2 2009 $602 million in free cash flow* in Q2 2009 A Powerful Business Model Top Line Bottom Line GAAP Non-GAAP* We’ve built 3 of the web’s best businesses/brands Cash Flow (in billions) 1.71 1.36 Operating Free*   $13B Total GMV in Q209 for eBay on eBay 88 million active users $17B Net TPV $2.88 $2.32 $8.5B $2.88 $2.32 $1.29 $1.30 $1.00 $1.00     in Q209 for PayPal on PayPal 75 million active users 481 million Skype $3.3B 0.57 0.61 registered Skype users $170M total revenue in Q209 for 2004 2008 2004 2008 2004 2008 *For reconciliation to the nearest GAAP figure, please go to news.ebay.com/fastfacts.cfm For more information, contact John Pluhowski or jpluhowski@ebay.com or call eBay’s media hotline at 408.376.7458. For the latest eBay Inc. news, go to ebayinkblog.com. Updated: Q2 2009