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RetailMeNot (RetailMeNot) Preferred Stock : $0.0 Mil (As of Mar. 2017)


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What is RetailMeNot Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. RetailMeNot's preferred stock for the quarter that ended in Mar. 2017 was $0.0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. RetailMeNot's Enterprise Value for the quarter that ended in Mar. 2017 was $225.0 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. RetailMeNot's Book Value per Share for the quarter that ended in Mar. 2017 was $9.82.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). RetailMeNot's Earnings per Share (Diluted) for the three months ended in Mar. 2017 was $-0.08.


RetailMeNot Preferred Stock Historical Data

The historical data trend for RetailMeNot's Preferred Stock can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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RetailMeNot Preferred Stock Chart

RetailMeNot Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
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RetailMeNot Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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RetailMeNot Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.


RetailMeNot  (NAS:SALE) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

RetailMeNot's Enterprise Value for the quarter that ended in Mar. 2017 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

RetailMeNot's Book Value per Share for the quarter that ended in Mar. 2017 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

RetailMeNot's Earnings per Share (Diluted) (EPS) for the three months ended in Mar. 2017 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


RetailMeNot Preferred Stock Related Terms

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RetailMeNot (RetailMeNot) Business Description

Traded in Other Exchanges
N/A
Address
RetailMeNot Inc was formed in September 2007. The Company operates a digital savings destination connecting consumers with retailers, restaurants and brands, both online and in-store. Digital offers are offers, offer codes and brand or category specific discounts made available online or through mobile applications that are used by consumers to make online or in-store purchases directly from retailers. Digital offers can include coupons, sales, consumer tips, advertisements, discounted digital gift cards redeemable at retailers or cash-back rebates associated with the purchase of a product or a consumer action. The Company's websites, mobile applications, email newsletters and alerts and social media presence enable consumers to search for, discover and redeem hundreds of thousands of relevant digital offers from retailers and brands. Its marketplace features digital offers across multiple product categories, including clothing; electronics; health and beauty; home and office; travel, dining and entertainment; personal and business services; and shoes. The Company provides its retailers and brands access to consumer. Its product development approach is centered on building products that enable consumers to discover quality digital offers, virtually anytime and anywhere, and redeem them online or in-store. The Company's products and services for consumers are free of charge and available through its websites and mobile applications. The Company offers its consumers hundreds of thousands of digital offers from tens of thousands of retailers and brands across multiple product categories. Its mobile applications allow consumers to shop when and where consumer want. Consumers use the mobile applications to discover, store for use later and access the digital offers it wants and to redeem them both online and in-store. The consumers can browse top digital offers, popular stores and product category listings. The Company's mobile applications also allow users to share digital offers with others via email, text message or through social media channels. Its competitors include Goodsearch, bradsdeals, savings.com, Tech Bargains and Coupon Cabin, Groupon, Living Social, Coupons.com and PayPal. The Company's operations are subject to general business regulations and laws as well as regulations and laws specifically governing the Internet, e-commerce and mobile commerce, or m-commerce, in a number of jurisdictions around the world.
Executives
Thomas Aylor officer: Vice President, Finance 11305 FOUR POINTS DR, BUILDING II THIRD FLOOR, AUSTIN TX 78726
Di Valerio J Scott officer: Chief Financial Officer RETAILMENOT, INC., 301 CONGRESS AVENUE, SUITE 700, AUSTIN TX 78701
Jules A. Maltz director 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Brian Sharples director 1250 CAPITAL OF TX HWY, BLDG 2, PLAZA 1, AUSTIN TX 78746
Tamar Yehoshua director 301 CONGRESS AVE, STE 700, AUSTIN TX 78701
Gokul Rajaram director 301 CONGRESS AVENUE, SUITE 700, AUSTIN TX 78701
Greg J Santora director 4201 GRANT COURT, PLEASANTON CA 94566
Jeffrey Crowe director 525 UNIVERSITY AVENUE, SUITE 800, PALO ALTO CA 94301
Kenneth P Deangelis 10 percent owner 300 WEST SIXTH ST STE 2300, AUSTIN TX 78701
Av Partners X, L.p. 10 percent owner 300 W. 6TH STREET, SUITE 2300, AUSTIN TX 78701
Av Partners X, L.l.c. 10 percent owner 300 W. 6TH STREET, SUITE 2300, AUSTIN TX 78701
Austin Ventures X Lp 10 percent owner 300 WEST 6TH STREET, SUITE 2300, AUSTIN TX 78701
Av Partners Ix Llc 10 percent owner C/O AUSTIN VENTURES, 300 WEST 6TH STREET, SUITE 2300, AUSTIN TX 78701
Av Partners Ix Lp 10 percent owner C/O AUSTIN VENTURES, 300 WEST 6TH STREET, SUITE 2300, AUSTIN TX 78701
Austin Ventures Ix Lp 10 percent owner C/O AUSTIN VENTURES, 300 WEST 6TH STREET, SUITE 2300, AUSTIN TX 78701