A	B	C	D	E	F	G	H	I	J	K	L	M	N
1	Main
2			Q120	Q220	Q320	Q420	Q121	Q221	Q321	Q421	Q122	Q222	Q322	Q422
3		GMV					37346.886				43199.952
4
5		Subscription		196.434	245.274	279.44	320.681	334.237	336.208	351.208	344.761
6		Merchant		517.907	522.131	698.304	667.966	785.208	787.532	1028.816	858.862
7		Revenue		714.341	767.405	977.7439999999999	988.6469999999999	1119.445	1123.74	1380.0240000000001	1203.623
8		COGS		339.307	362.257	473.356	429.931	498.585	514.831	687.365	565.986
9		Gross Margin		375.034	405.14799999999997	504.3879999999999	558.7159999999999	620.8599999999999	608.909	692.6590000000001	637.6370000000001
10		S&M		144.85	147.608	154.728	186.223	201.91	237.949	275.475	303.371
11		R&D		133.227	143.427	159.077	175.886	183.557	221.028	273.475	303.661
12		G&A		83.307	51.799	65.395	67.102	77.966	128.722	101.054	108.088
13		Transaction/Loan Losses		13.366	11.753	12.647	10.606	17.986	25.311	27.814	20.493
14		Operating Expenses		374.75	354.58699999999993	391.847	439.817	481.419	613.01	677.818	735.6129999999999
15		Operating Income		0.2839999999999918	50.561000000000035	112.54099999999994	118.89899999999989	139.44099999999992	-4.100999999999999	14.841000000000122	-97.97599999999989
16		Interest					1.957				5.315
17		Pretax					120.85599999999988				-92.66099999999989
18		Taxes					0.111				0
19		Net Income					120.74499999999988				-92.66099999999989
20		EPS					0.9531918954287735				-0.7353285095055134
21		Shares					126.674388				126.013066
22
23		Revenue Growth						0.5671017063279302	0.4643376053061943	0.4114369405488556	0.2174446491012465
24		GMV Growth									0.15672166080995353
25		Gross Margin					0.5651319429482919				0.5297647186868314