Groupon released their Q4 2011 report today, revealing a year-to-year 194% increase in revenue from $172.2 million in 2010 to $506.5 million this year. However, the web purveyors of collectively bargained daily deals had a net lack of $37 million within the 2011 fourth quarter also it’s first quarterly results since becoming a public company this past November.

The company also stated it had a net less of $275 million for 2011, when compared with $413 million last year.

One cause of the financial result of Groupon’s 2011 is its effort to expand into other areas of commercse in addition to other regions of the sector. These efforts were evinced with their sales, which increased %500 to $1.6 billion.

The financial impact of the report sent Groupon shares up as high as $25.70 earlier today before falling back off to $24.58 by the top of the day. Still, despite the tumble after initially rising, shares are still up $0.39 for the day.

The full statement of Groupon’s 2010 fiscal earnings in addition to their first quarterly results could be accessed on their website.