eBay faces risks from fluctuating operating results and cash flows, competing in the market, international revenue generation, inflationary pressure, foreign exchange volatility, geopolitical events (Ukraine and Middle East wars), technological advancements, payment system operations, evolving laws and regulations, reliance on third-party providers, intellectual property protection, fraudulent activities, security breaches, employee retention, meeting ESG goals, litigation, regulatory inquiries, servicing debt, and tax regimes. The company also faces uncertainty regarding the resolution of ongoing tax audits.
Financial Upside
eBay's net revenues increased 3% in Q3 2024 compared to Q3 2023. Operating margin improved to 23.1% in Q3 2024 from 18.2% in Q3 2023. The company generated $1.7 billion in cash flow from continuing operations in the nine months ended September 30, 2024. eBay has $1.2 billion remaining in its stock repurchase program. The company also had gains from equity investments and warrants, though these were significantly lower in Q3 2024 than in Q3 20
