eBay has a business model with no float Archives

daniel February 1, 2017February 1, 2017 Amazon (NASDAQ: AMZN), anti-Amazon, eBay (NASDAQ: EBAY), eBay has a business model with no float, eBay is now a Value Investment, eBay may have reached the limits of business model., eBay’s revenues have been flat, Lots of cash, low stock price, one very ugly number in eBay’s financials, PayPal (NASDAQ: PYPL), serious changes to eBay’s business model might be needed, the Bad and the Ugly at eBay, The Future of eBay, The Good, TJX Companies (NYSE: TJX)

eBay is Still a Better Investment than Amazon

There is also one very ugly number in eBay’s financials and that’s cash from operations. Over the course of 2016 the amount of cash flowing through eBay’s till fell by $1.207 billion, and that occurred in eBay’s first year without PayPal.

eBay reported $4.033 in cash from operations at the end of fourth quarter 2015, and $2.826 billion in cash from operations on December 31, 2016. This is worrisome because all the additional revenue growth does not seem to be translating into additional cash.