ChannelAdvisor
- Customers2.6 KFY, 2019
- Revenue$167.7 MFY, 2021
- Market Capitalization$441.4 M2022-08-01
OverviewSuggest Edit
ChannelAdvisor is a company that provides cloud-based e-commerce solutions for marketing, sales, and fulfillment. It offers a SaaS platform that enables users to manage product listings, inventory availability, pricing optimization, search terms, orders and fulfillment, and other functions across these channels. The platform also allows users to connect with new and existing sources of demand for their products through various channels.
| Type | Public | |
| Founded | 2001 | |
| HQ | Morrisville, NC, US | Map |
| Website | channeladvisor.com | |
| Employee Ratings | ||
| Overall Culture | B- | More |
Recent NewsAll News
- ChannelAdvisor Wins 'Best Places to Work' Award for Eighth Time
- ChannelAdvisor to Announce Second Quarter 2022 Financial Results on August 9, 2022
- ChannelAdvisor Announces Completion Of $25 Million Share Repurchase Program, Announces Additional $25 Million Share Repurchase Authorization
- ChannelAdvisor Announces FashionCommerce 2022 Event to Empower E-Commerce Success for Fashion and Beauty Leaders
Key People/Management at ChannelAdvisor
David Spitz
CEO and Board Member
Scot Wingo
Co-Founder
Richard Cornetta
Chief Financial Officer
Beth Segovia
Chief Operating Officer
Mike Shapaker
Chief Marketing Officer
Paul Colucci
Chief Revenue Officer
ChannelAdvisor Office Locations
ChannelAdvisor has offices in Morrisville, Denver, Richmond, Berlin and in 4 other locations
Morrisville, NC, US (HQ)
3025 Carrington Mill Blvd #500
Denver, CO, US
950 17th St #1330
Richmond, AU
Level 1, 2 Stawell Street
Berlin, DE
Kurfürstendamm 170
Limerick, IE
Block 1, International Science Centre, National Technology Park
Madrid, ES
Paseo de la Castellana, 95 Planta 8. Ed. Torre Europa Building Cuzco IV 28.
ChannelAdvisor Financials and Metrics
ChannelAdvisor Revenue
ChannelAdvisor's revenue was reported to be $167.73 m in FY, 2021 which is a 15.6% increase from the previous period.
| USD | |
|---|---|
Revenue (Q1, 2022) | 42.3m |
Gross profit (Q1, 2022) | 31.9m |
Net income (Q1, 2022) | 1.8m |
EBIT (Q1, 2022) | 3.3m |
Market capitalization (1-Aug-2022) | 441.4m |
Closing stock price (1-Aug-2022) | 14.7 |
Cash (31-Mar-2022) | 106.9m |
ChannelAdvisor's current market capitalization is $441.4 m.
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 31.6m | 31.9m | 31.7m | 32.0m | 37.4m | 35.3m | 39.2m | 41.5m | 41.6m | 42.3m |
Cost of goods sold | 7.5m | 7.1m | 7.3m | 7.1m | 7.1m | 7.7m | 8.4m | 9.5m | 10.1m | 10.4m |
Gross profit | 24.0m | 24.8m | 24.4m | 24.9m | 30.4m | 27.6m | 30.8m | 32.0m | 31.5m | 31.9m |
Gross profit Margin, % | 76% | 78% | 77% | 78% | 81% | 78% | 79% | 77% | 76% |
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash | 48.4m | 49.0m | 48.2m | 56.3m | 63.9m | 66.4m | 82.4m | 90.4m | 97.0m | 106.9m |
Accounts Receivable | 22.1m | 22.6m | 21.3m | 21.3m | 23.9m | 21.8m | 25.8m | 25.3m | 25.2m | 27.0m |
Prepaid Expenses | 9.0m | 8.5m | 8.2m | 9.5m | 11.8m | 12.8m | 13.0m | 15.2m | 15.2m | 14.7m |
Current Assets | 79.5m | 80.2m | 77.7m | 87.2m | 99.5m | 101.0m | 121.2m | 130.8m | 137.5m | 148.6m |
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (2.3m) | 3.7m | (1.9m) | 2.0m | 9.0m | 12.7m | 5.5m | 10.0m | 13.5m | 1.8m |
Depreciation and Amortization | 1.5m | 3.1m | 4.8m | 1.5m | 3.0m | 4.7m | 1.8m | 3.5m | 5.1m | 1.5m |
Accounts Payable | (3.1m) | (1.2m) | (2.1m) | (981.0k) | 1.2m | 3.4m | (2.2m) | (249.0k) | 86.0k | (2.5m) |
Cash From Operating Activities | 1.4m | 4.5m | 7.5m | 5.7m | 13.5m | 26.0m | 8.4m | 17.6m | 26.5m | 7.9m |
| USD | Q1, 2019 |
|---|---|
Debt/Equity | 0.2 x |
Debt/Assets | 0.1 x |
Financial Leverage | 1.6 x |
ChannelAdvisor Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| BlueBoard | July 24, 2020 | |
| HubLogix | May 30, 2017 | |
| E-Tale | November 01, 2014 | |
| RichFX | March 28, 2008 | |
| Marketworks Inc | September 12, 2007 | |
| SearchMarketing | July 12, 2005 | |
| CA Washington, LLC | ||
| ChannelAdvisor AU Pty Limited | ||
| ChannelAdvisor Barbados Ltd | ||
| ChannelAdvisor Brands UK Limited |
ChannelAdvisor Revenue Breakdown
ChannelAdvisor revenue breakdown by business segment: 15.7% from Digital Marketing, 72.0% from Marketplaces and 12.2% from Other
ChannelAdvisor revenue breakdown by geographic segment: 71.3% from Domestic and 28.7% from International
ChannelAdvisor Cybersecurity Score
ChannelAdvisor Environment, Social & Governance (ESG) Ratings
ChannelAdvisor Online and Social Media Presence
10.52k Twitter followers
ChannelAdvisor has 10.52k Twitter Followers. The number of followers has increased 0.4% month over month and increased 0.4% quarter over quarter
ChannelAdvisor's Trends
Twitter Engagement Stats for @channeladvisor
18.8k
Tweets
2.6k
Following
10.5k
Followers
58
Tweets last 30 days
0.6
Avg. likes per Tweet
46.6%
Tweets with engagement
ChannelAdvisor Company Culture
Overall Culture
B-
78/100
CEO Rating
C-
68/100
Compensation
A
88/100
Diversity
C
77/100
ChannelAdvisor News and Updates
July 29, 2022
ChannelAdvisor Wins 'Best Places to Work' Award for Eighth Time
RESEARCH TRIANGLE PARK, N.C., July 29, 2022 /PRNewswire/ -- ChannelAdvisor Corporation (NYSE: ECOM), a leading provider of cloud-based e-commerce solutions that enable brands and retailers to increase global sales, has received the Triangle Business Journal's 2022 Best Places to Work...
July 19, 2022
ChannelAdvisor to Announce Second Quarter 2022 Financial Results on August 9, 2022
RESEARCH TRIANGLE PARK, N.C., July 19, 2022 (GLOBE NEWSWIRE) -- ChannelAdvisor Corporation (NYSE: ECOM), a leading provider of cloud-based e-commerce solutions that enable brands and retailers to increase global sales, today announced it will release its second quarter 2022 financial results for t…
June 28, 2022
ChannelAdvisor Announces Completion Of $25 Million Share Repurchase Program, Announces Additional $25 Million Share Repurchase Authorization
RESEARCH TRIANGLE PARK, N.C., June 28, 2022 (GLOBE NEWSWIRE) -- ChannelAdvisor Corporation (NYSE: ECOM), a leading provider of cloud-based e-commerce solutions that enable brands and retailers to increase global sales, today announced that it has completed the $25 million share repurchase program …
June 20, 2022
ChannelAdvisor Announces FashionCommerce 2022 Event to Empower E-Commerce Success for Fashion and Beauty Leaders
E-commerce experts gather to share the latest trends and best practices for fashion and beauty brands and retailers during ChannelAdvisor's exclusive, global event RESEARCH TRIANGLE PARK, N.C., June 20, 2022 /PRNewswire/ -- ChannelAdvisor Corporation (NYSE: ECOM), a leading provider of...
May 12, 2022
ChannelAdvisor to Present at Upcoming Investor Conferences
RESEARCH TRIANGLE PARK, N.C., May 12, 2022 (GLOBE NEWSWIRE) -- ChannelAdvisor Corporation (NYSE: ECOM), a leading provider of cloud-based e-commerce solutions that enable brands and retailers to increase global sales, today announced that company management will present at two upcoming investor co…
May 06, 2022
ChannelAdvisor Reports First Quarter 2022 Results; Achieves Record Subscription Revenue
Subscription revenue increased 17% year-over-year
ChannelAdvisor Blogs
August 12, 2022
The Rise of B2B E-Commerce on Marketplaces
B2B marketplaces are more popular than ever and showing no signs of slowing. According to recent research by Digital Commerce 360, collective sales on B2B marketplaces grew 130% year over year in 2021 to $56 billion, making them the fastest growing segment in B2B ecommerce. To discuss how B2B compan…
August 11, 2022
How Does Fulfillment by Amazon Work? Everything You Need to Know.
If you’re going to outsource your fulfillment, Amazon is a pretty safe bet. The e-commerce giant has not only been around the block when it comes to navigating the challenges of fulfillment and last-mile delivery — it pioneered the fast, convenient shipping consumers now expect from every online ret…
August 05, 2022
Time for Holiday Prep Already? You Bet.
Is it time for holiday planning already? You better believe it. It may seem like overkill to get started in August, but new research from eMarketer shows that 28% of US adults began their 2021 holiday shopping before November last year. Coupled with some of the struggles you’re likely to encounter …
July 14, 2022
Amazon Prime Day Recap, Day 2
Please Note: The gross merchandise value data presented below (“GMV”) is based on aggregate sales activity across our customer base selling on US-based sites and includes sales from all channels excluding digital marketing channels. This material also includes highlights concerning certain product c…
July 13, 2022
Amazon Prime Day Recap, Day 1
Please Note: The gross merchandise value data presented below (“GMV”) is based on aggregate sales activity across our customer base selling on US-based sites and includes sales from all channels excluding digital marketing channels. This material also includes highlights concerning certain product c…
July 12, 2022
What Walmart’s Second Price Auctions Mean (and How to Win)
Walmart is making big changes to stay competitive with fellow e-commerce retail giants. One of its biggest announcements this past spring was the move to second-price auctions for PPC product ads. But under this model, the top bidder doesn’t always pay the top price. So what does this mean for your…
ChannelAdvisor Frequently Asked Questions
When was ChannelAdvisor founded?
ChannelAdvisor was founded in 2001.
Who are ChannelAdvisor key executives?
ChannelAdvisor's key executives are David Spitz, Scot Wingo and Richard Cornetta.
How many employees does ChannelAdvisor have?
ChannelAdvisor has 846 employees.
What is ChannelAdvisor revenue?
Latest ChannelAdvisor annual revenue is $167.7 m.
What is ChannelAdvisor revenue per employee?
Latest ChannelAdvisor revenue per employee is $198.3 k.
Who are ChannelAdvisor competitors?
Competitors of ChannelAdvisor include Sana Commerce, CommerceHub and WooCommerce.
Where is ChannelAdvisor headquarters?
ChannelAdvisor headquarters is located at 3025 Carrington Mill Blvd #500, Morrisville.
Where are ChannelAdvisor offices?
ChannelAdvisor has offices in Morrisville, Denver, Richmond, Berlin and in 4 other locations.
How many offices does ChannelAdvisor have?
ChannelAdvisor has 8 offices.
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