The Transport Guy: Uber's leaked financials show the company is still growing — but it's also losing money

Steve Kovach December 29, 2017 at 09:15AM

• Uber's third-quarter financials have leaked.
• The company's revenue is growing, but it's still losing money.
• Uber wants to go public by 2019.

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Uber's third-quarter financials have leaked to The Wall Street Journal.

The financials show bookings, revenue, expenses, and losses have all grown versus the year-ago quarter as the company rejiggers its leadership and culture and prepares to go public in 2019.

Here are the highlights from Uber's third-quarter financials:

• Gross bookings: $9.705 billion vs. $8.741 billion a year ago. (Up 11%)
• Net revenue: $2.013 billion vs. $1.658 a year ago. (Up 21%)
• Net income: -$1.462 billion vs. -$1.064 billion a year ago.
• Total assets (including cash, cash equivalents, investments, and more): $15.64 billion vs. $15.708 billion a year ago.

You can get a deep-dive into the financials over at The Wall Street Journal.

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Uber's leaked financials show the company is still growing — but it's also losing money from Business Insider: Steve Kovach