The company, which builds and invests in roughly 100 Internet companies across a range of sectors including online, mobile and retail services, posted revenue of $EUR40 million and a loss of $EUR682 but claim they've still got plenty of cash in the bank.
Their financial reporting only focused on a portfolio of nine of their companies, with one of the strong performers being HelloFresh - the leading global fresh meals at home provider - which Rocket says grew by 121.3% to reach EUR $438 million net revenue in the first nine months of this year.
So where do the losses come in?
The company attributes the majority of its losses to its Global Fashion Group which consists of of e-commerce sites Lamoda, Dafiti, Namshi and Zalora, which were collectively downgraded by more than $2 billion earlier this year.
Despite the shortfall, the start-up doesn't fail to mention what they've got left in the bank stating:
"Rocket Internet and its companies continue to be very well funded, with available cash of
EUR 1.6 billion at Rocket Internet and additionally EUR 1.1 billion at the companies, as of the end of October 2016."