Last week, Amazon announced its financial results for the fourth quarter and full year of 2022 .
According to the content of the financial report, due to inflationary pressures and rising interest rates, consumer spending is suppressed, and Amazon will suffer its first annual loss since 2014 in 2022.
Over the past year, Amazon's net sales reached $ 514 billion, up 9% from $469.8 billion a year earlier. Excluding the impact of currency changes, net sales were up 13% over 2021.
Divided by market, in 2022 Amazon's sales in the North American market will increase by 13% year-on-year to US$315.9 billion ; sales in the international market will decrease by 8% year-on-year to US$118 billion.
Amazon's operating income will only be $12.2 billion in 2022 and $24.9 billion in 2021.
In terms of profit, the operating loss in the North American market was US$2.8 billion , compared with US$7.3 billion in 2021, a sharp reduction in losses. However , its international market is not optimistic, and its operating loss has soared from 900 million in 2021 to 7.7 billion US dollars.
Looking at the full year of 2022, Amazon's net loss will reach $2.7 billion , while in 2021, its net income will be $33.4 billion.
From this point of view, Amazon has not escaped the market chill . Take the annual year-end peak season (the fourth quarter) as an example, Amazon’s e-commerce sales in this quarter fell by 2% year-on-year.
In the fourth quarter of last year, Amazon's net sales reached $149.204 billion , an increase of 9% compared to $137.412 billion in the same period in 2021. Excluding the impact of currency changes, net sales increased 12% year-over-year.
However, in terms of net profit, it was US$278 million in the fourth quarter, a sharp drop of 98% compared to US$14.323 billion in the same period in 2021 ! In addition, operating profit reached US$ 2.737 billion, which was also a decrease from US$3.460 billion in the same period in 2021.
Divided by region, in the fourth quarter, Amazon’s net sales in the North American market were US$ 93.363 billion, an increase of 13% compared with US$82.360 billion in the same period in 2021; operating loss was US$240 million , and the operating loss in the same period in 2021 was 2.06. billion, a 17% increase in losses.
The net sales in the international market fell by 8% year-on-year to 34.463 billion US dollars . Excluding the impact of currency changes, net sales increased 5% year-over-year. Operating loss was $2.228 billion , an increase of 37% compared to $627 million in the year-ago period.
In addition to summarizing the performance of the past year, Amazon also looked forward to the performance of the first quarter of this year.
In the first quarter of fiscal 2023, Amazon expects its net sales to reach US$121 billion to US$126 billion, a year-on-year increase of 4% to 8% , and its operating profit to reach a maximum of US$4 billion.
Obviously, Amazon is still very optimistic about the market in the first quarter of this year. Andy Jassy, CEO of Amazon, also said that in the short term, market and economic uncertainties continue, but there are still quite optimistic expectations for Amazon's long-term development internally .