Bigcommerce revenue was $152.37 m in FY, 2020 which is a 35.9% year over year increase from the previous period.
Bigcommerce revenue breakdown by business segment: 68.1% from Subscription solutions and 31.9% from Partner and services
Bigcommerce revenue breakdown by geographic segment: 9.0% from APAC, 79.4% from Americas (U.S.), 8.1% from EMEA and 3.5% from Other
USD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|
Revenue | 91.9m | 112.1m | 152.4m |
Revenue growth, % | 22% | 36% | |
Cost of goods sold | 21.9m | 27.0m | 34.1m |
Gross profit | 69.9m | 85.1m | 118.2m |
Gross profit Margin, % | 76% | 76% | 78% |
Sales and marketing expense | 45.9m | 60.7m | 72.5m |
R&D expense | 42.5m | 43.1m | 48.3m |
General and administrative expense | 19.5m | 22.2m | 36.1m |
Operating expense total | 107.9m | 126.1m | 156.9m |
EBIT | (38.0m) | (41.0m) | (38.7m) |
EBIT margin, % | (41%) | (37%) | (25%) |
Interest expense | 1.5m | 1.6m | 3.1m |
Interest income | 653.0k | 245.0k | 31.0k |
Pre tax profit | (38.9m) | (42.6m) | (37.5m) |
Income tax expense | 10.0k | 28.0k | 25.0k |
Net Income | (38.9m) | (42.6m) | (37.6m) |
EPS | (2.6) | (2.8) | (1.0) |
USD | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
---|---|---|---|---|---|---|
Revenue | 33.2m | 36.3m | 39.7m | 46.7m | 49.0m | 59.3m |
Cost of goods sold | 7.5m | 7.8m | 8.6m | 9.3m | 10.2m | 12.4m |
Gross profit | 25.7m | 28.5m | 31.1m | 37.4m | 38.8m | 46.9m |
Gross profit Margin, % | 77% | 78% | 78% | 80% | 79% | 79% |
Sales and marketing expense | 15.8m | 16.8m | 19.3m | 20.8m | 22.2m | 26.1m |
R&D expense | 10.9m | 11.3m | 12.1m | 13.5m | 14.7m | 16.5m |
General and administrative expense | 6.5m | 7.7m | 9.7m | 11.6m | 13.1m | 14.4m |
Operating expense total | 33.1m | 35.9m | 41.2m | 46.0m | 50.0m | 57.0m |
EBIT | (7.5m) | (7.4m) | (10.1m) | (8.5m) | (12.3m) | (21.3m) |
EBIT margin, % | (22%) | (20%) | (25%) | (18%) | (25%) | (36%) |
Interest expense | 762.0k | 1.2m | 741.0k | 125.0k | ||
Interest income | 1.0k | 17.0k | 2.0k | 12.0k | 29.0k | 24.0k |
Pre tax profit | (4.0m) | (8.5m) | (10.9m) | (8.5m) | (12.2m) | (21.4m) |
Income tax expense | 17.0k | 3.0k | (14.0k) | 6.0k | 257.0k | |
Net Income | (4.0m) | (8.5m) | (10.9m) | (8.5m) | (12.2m) | (21.7m) |
EPS | (0.3) | (0.5) | (0.2) | (0.1) | (0.2) | (0.3) |
USD | FY, 2019 | FY, 2020 |
---|---|---|
Cash | 7.8m | 219.4m |
Accounts Receivable | 15.5m | 22.9m |
Prepaid Expenses | 5.3m | 8.0m |
Current Assets | 31.7m | 254.1m |
PP&E | 8.2m | 7.1m |
Total Assets | 56.1m | 276.6m |
Accounts Payable | 3.9m | 5.8m |
Short-term debt | 5.1m | 3.2m |
Current Liabilities | 33.9m | 45.9m |
Long-term debt | 54.2m | 12.7m |
Total Debt | 18.4m | 15.8m |
Total Liabilities | 89.6m | 59.9m |
Common Stock | 2.0k | 7.0k |
Additional Paid-in Capital | 17.2m | 530.1m |
Retained Earnings | (274.5m) | (313.4m) |
Total Equity | (33.5m) | 216.8m |
Debt to Equity Ratio | -0.5 x | 0.1 x |
Debt to Assets Ratio | 0.3 x | 0.1 x |
Financial Leverage | -1.7 x | 1.3 x |
USD | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
---|---|---|---|---|---|
Cash | 25.4m | 178.8m | 189.6m | 172.9m | 364.9m |
Accounts Receivable | 20.2m | 21.5m | 26.1m | 29.0m | 33.8m |
Prepaid Expenses | 7.8m | 9.3m | 7.3m | 6.5m | 13.7m |
Current Assets | 56.6m | 212.9m | 245.4m | 243.1m | 460.5m |
PP&E | 7.6m | 7.2m | 6.9m | 7.3m | 7.4m |
Goodwill | 41.4m | ||||
Total Assets | 79.6m | 235.5m | 268.8m | 266.5m | 560.5m |
Accounts Payable | 5.8m | 5.6m | 4.7m | 5.4m | 5.9m |
Short-term debt | 5.2m | 15.0m | 3.2m | 3.0m | 2.9m |
Current Liabilities | 38.3m | 52.5m | 40.1m | 42.7m | 48.8m |
Long-term debt | 83.3m | 23.4m | 11.8m | 11.3m | 345.9m |
Total Debt | 88.4m | 38.4m | 15.1m | 14.3m | 348.8m |
Total Liabilities | 122.7m | 77.0m | 53.5m | 55.4m | 399.3m |
Common Stock | 2.0k | 7.0k | 7.0k | 7.0k | 7.0k |
Additional Paid-in Capital | 20.6m | 457.7m | 537.3m | 545.2m | 517.0m |
Retained Earnings | (291.1m) | (299.2m) | (321.9m) | (334.2m) | (355.8m) |
Total Equity | (43.1m) | 158.5m | 215.3m | 211.1m | 161.2m |
Debt to Equity Ratio | -2.1 x | 0.2 x | 0.1 x | 0.1 x | 2.2 x |
Debt to Assets Ratio | 1.1 x | 0.2 x | 0.1 x | 0.1 x | 0.6 x |
Financial Leverage | -1.8 x | 1.5 x | 1.2 x | 1.3 x | 3.5 x |
USD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|
Net Income | (38.9m) | (42.6m) | (37.6m) |
Depreciation and Amortization | 1.8m | 2.6m | 3.1m |
Accounts Receivable | (4.6m) | (6.3m) | (9.3m) |
Accounts Payable | 291.0k | (1.6m) | 1.9m |
Cash From Operating Activities | (30.6m) | (40.0m) | (26.5m) |
Purchases of PP&E | (3.3m) | (5.6m) | (2.0m) |
Cash From Investing Activities | (26.5m) | 17.9m | (2.0m) |
Long-term Borrowings | (4.5m) | (2.0m) | (28.6m) |
Dividends Paid | (12.8m) | ||
Cash From Financing Activities | 64.2m | 17.4m | 240.0m |
Net Change in Cash | 7.1m | (4.7m) | 211.5m |
Interest Paid | 1.3m | 1.6m | 2.3m |
USD | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
---|---|---|---|---|---|---|
Net Income | (4.0m) | (12.5m) | (23.4m) | (8.5m) | (20.8m) | (42.4m) |
Depreciation and Amortization | 1.0m | 1.7m | 2.4m | 706.0k | 1.4m | 3.5m |
Accounts Receivable | (1.5m) | (6.0m) | (7.5m) | (3.9m) | (7.7m) | (9.9m) |
Accounts Payable | 2.1m | 1.9m | 1.7m | (1.1m) | (376.0k) | (189.0k) |
Cash From Operating Activities | (10.0m) | (17.0m) | (23.2m) | (12.8m) | (17.4m) | (31.5m) |
Purchases of PP&E | (597.0k) | (1.0m) | (1.4m) | (480.0k) | (1.6m) | (2.3m) |
Cash From Investing Activities | (597.0k) | (1.0m) | (1.4m) | (18.9m) | (32.0m) | (126.7m) |
Long-term Borrowings | (5.6m) | (6.2m) | (6.7m) | |||
Dividends Paid | (12.8m) | |||||
Cash From Financing Activities | 35.5m | 35.4m | 195.4m | 1.7m | 2.9m | 303.6m |
Net Change in Cash | 25.0m | 17.4m | 170.8m | (29.9m) | (46.6m) | 145.4m |
Interest Paid | 601.0k | 1.5m | 1.5m |
USD | FY, 2018 |
---|---|
Revenue/Employee | 153.0k |
FY, 2018 | FY, 2019 | FY, 2020 | |
---|---|---|---|
ARPA (Customers with >$2K in Annual Contract Value) | $9.06 m | $11.1 m | $14.62 m |
ARR | $181.17 m | ||
ARR (Customers with >$2K in Annual Contract Value) | $75.6 m | $100.25 m | $148.56 m |
ARR (Enterprise Accounts) | $100.77 m | ||
Countries | 155 | ||
Customers | 60 k | ||
Customers with >$2K in Annual Contract Value | 8.38 k | 9.09 k | 10.18 k |
NRR (Customers with >$2K in Annual Contract Value) | 108% | 106% | 113% |
Patents (US) | 2 | ||
Trademarks (US) | 8 |