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Emerge Commerce Ltd
(ECOM)
Emerge Commerce Ltd (ECOM) vs. S&P 500 (SPY)
Emerge Commerce Ltd Business Overview & Revenue Model
Emerge Commerce Ltd Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 21.01M | 23.83M | 58.17M | 34.83M | 9.20M | 4.16M | Gross Profit |
| 8.33M | 11.88M | 23.79M | 15.11M | 7.17M | 3.36M | EBIT |
| -1.06M | 175.03K | -4.21M | -4.37M | -2.56M | -1.53M | EBITDA |
| -16.56M | -15.66M | -4.41M | -1.16M | -1.03M | -1.24M | Net Income Common Stockholders |
| -19.26M | -21.26M | -17.38M | -6.56M | -4.43M | -3.05M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 2.76M | 2.54M | 5.88M | 7.77M | 12.39M | 8.72M | Total Assets |
| 8.00M | 22.99M | 59.75M | 80.28M | 43.46M | 29.08M | Total Debt |
| 8.18M | 18.25M | 25.98M | 24.50M | 7.68M | 7.22M | Net Debt |
| 5.42M | 15.71M | 20.10M | 16.74M | -4.72M | -1.50M | Total Liabilities |
| 17.72M | 32.86M | 49.63M | 53.27M | 25.38M | 24.32M | Stockholders Equity |
| -9.73M | -9.87M | 10.11M | 27.00M | 18.07M | 4.77M |
| Cash Flow | Free Cash Flow | ||||
| -875.00K | 2.02M | 1.02M | -3.47M | -254.43K | 3.60M | Operating Cash Flow |
| -874.15K | 2.03M | 1.06M | -3.43M | -186.11K | 3.89M | Investing Cash Flow |
| 11.14M | 7.10M | -44.60K | -27.34M | -5.61M | -6.32M | Financing Cash Flow |
| -10.88M | -9.55M | -3.09M | 26.18M | 9.54M | 9.67M |
Emerge Commerce Ltd Technical Analysis
Emerge Commerce Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | C$141.68B | 50.69 | 19.58% | ― | 27.85% | 1400.97% | |
64 Neutral | C$129.60M | ― | -7.16% | ― | 10.79% | -30.99% | |
59 Neutral | C$1.71B | ― | -5.18% | ― | 23.95% | 39.68% | |
59 Neutral | $11.20B | 10.09 | -1.41% | 3.96% | 1.31% | -16.95% | |
51 Neutral | C$6.26M | ― | 204.61% | ― | -37.94% | 16.06% | |
50 Neutral | C$503.87M | ― | -7.32% | ― | 8.86% | 56.67% | |
31 Underperform | C$53.08M | ― | 281.56% | ― | ― | 71.24% |
Emerge Commerce Ltd Earnings Call Summary
Emerge Commerce Ltd Corporate Events
EMERGE Commerce Ltd. reported significant financial improvements in Q4 2024, achieving a 17% year-over-year increase in gross merchandise sales and a 15% rise in revenue. The company realized positive adjusted EBITDA for the quarter, marking a turnaround from a loss in the previous year, and increased its cash position to over $3 million. This growth is attributed to successful strategic shifts and the sale of non-core assets, positioning EMERGE for continued momentum in 2025.
EMERGE Commerce Ltd. has completed the sale of its non-core asset, Carnivore Club, for $500,000, including $350,000 in cash and a $150,000 seller note. This transaction aligns with EMERGE’s strategy to focus on its larger, more profitable brands and enhances its cash position, which exceeded $3 million following the sale of its SHOP domains to Shopify. The additional funds from the sale are intended to drive both organic and inorganic growth in 2025, particularly in its expanding grocery and golf businesses.
EMERGE Commerce Ltd. announced the sale of its premium web domains, Shop.ca and Shop.us, to Shopify Inc. for US$375,000. This transaction allows EMERGE to redirect its focus on its core business areas, specifically in the grocery and golf sectors, while boosting its cash reserves to over $3 million. The sale concludes a transformative year for EMERGE, characterized by renewed organic revenue growth, improved profitability, and reduced debt. The company plans to continue monetizing non-core assets to strengthen its financial position and support growth in the coming year.
EMERGE Commerce Ltd. is undergoing a management transition, with Dasha Enenko set to take over as interim CFO in February 2025, succeeding Kyle Burt-Gerrans. Dasha, a seasoned financial expert with a history at EMERGE, will ensure a smooth transition as the company continues its growth and financial improvements.
EMERGE Commerce Ltd. reported a successful Black Friday-Cyber Monday period with gross merchandise sales reaching $1.04 million, marking a 10% year-over-year growth. The company saw significant transactions across its e-commerce sites, driven by strong performances in the grocery and golf sectors, notably with truLOCAL and UnderPar. This growth highlights EMERGE’s operational momentum and promising outlook for the upcoming holiday season.
Emerge Commerce Ltd. reported a 10% increase in gross merchandise sales (GMS) for Q3 2024, marking their highest growth rate of the year. The company achieved its second consecutive quarter of positive organic revenue growth, driven by brands like truLOCAL and its golf business. Emerge’s new centralized strategy has improved topline and bottom-line metrics, showcasing enhanced profitability and operational efficiency.
Emerge Commerce Ltd. is set to release its third quarter 2024 financial results on November 28, 2024, before market open. The company will host a conference call on the same day to discuss these results, featuring insights from CEO Ghassan Halazon and CFO Kyle Burt-Gerrans. Emerge operates a premium e-commerce brand portfolio across grocery and golf verticals in Canada and the U.S.