Amazon 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
| 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 |
| Source : Amazon Annual Report, 2000-2022 | |||
Based on the balance sheet published annually from 2000 to 2022. 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 2022 reached 462 billion US. Dollars and Equites reached 146 billion US dollars. It showed that fundamentals of the financial company gets stronger with the health financial conditions from time to time.
Table of Revenue and Income of Amazon
| 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 |
| Source : Amazon Annual Report, 2000-2022 | ||
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 2022, the revenue of the company reached 513 billion US Dollars or increased 150 times than in 2000. Meanwhile, the loss of the company reached -2 billion US Dollars. The performance of 2022 showed the negative performance because it negatively correlated with the performance from 2015 to 2022 when Amazon also gained the net income.
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 financial Performance from Time to Time.
Amazon. 2022. Investor Relations. Accessed via https://ir.aboutamazon.com/annual-reports-proxies-and-shareholder-letters/default.aspx on January 26th, 2023
