Craft marketplace Etsy just filed for an IPO
The decade-old, Brooklyn-based company generated $195.6 million in revenue in 2014, up 56.4% from $125.02 million in 2013.
CEO Chad Dickerson has said that the company has been profitable since 2009, but Etsy had a net lost of $15.2 million in 2014 and $800,000 in 2013.
About 55% of Etsy's revenue comes from charging its 1.4 million active sellers $0.20 to list a single item for four months, and then 3.5% of the value of the sale if an item sells. It's "seller services," like direct checkout, promoted listings, and shipping, labels, contribute 42.1% of revenue. The rest - which Etsy puts in the "Other" category - comes from fees it recieves from a third-party payment processor.
Here's a look at Etsy's financials:
Here's a look at the company's historic revenue break-down:
