AMAZON COM INC [AMZN] has reported a net loss of $30.4 billion for year ended Dec 31, 2023.
The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $574.8 billion
Based in Seattle, Washington, AMAZON COM INC operates in the RETAIL sector.
In the fiscal year ended December 31, 2023, the company reported total net sales of $574.79 million, showing an increase from $513.98 million in the same period of 2022 and $469.82 million in 2021.
Cost of sales for the year was $304.74 million, rising from $288.83 million in 2022 and $272.34 million in 2021. Fulfillment expenses amounted to $90.62 million, compared to $84.30 million in the previous year. Technology and infrastructure costs increased to $85.62 million from $73.21 million in 2022. Sales and marketing expenses were $44.37 million, up from $42.24 million in the prior year. General and administrative costs slightly decreased to $11.82 million.