ChannelAdvisor

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.
TypePublic
Founded2001
HQMorrisville, NC, US
Websitechanneladvisor.com
Employee Ratings3.8
Overall CultureB-

Latest Updates

Employees (est.) (Dec 2021)846(+17%)
Job Openings38
Revenue (FY, 2021)$167.7 M(+16%)
Share Price (Aug 2022)$14.7
Cybersecurity ratingBMore
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Key People/Management at ChannelAdvisor

David Spitz

David Spitz

CEO and Board Member
Scot Wingo

Scot Wingo

Co-Founder
Richard Cornetta

Richard Cornetta

Chief Financial Officer
Beth Segovia

Beth Segovia

Chief Operating Officer
Mike Shapaker

Mike Shapaker

Chief Marketing Officer
Paul Colucci

Paul Colucci

Chief Revenue Officer
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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.
Show all (8)

ChannelAdvisor Financials and Metrics

ChannelAdvisor Revenue

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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
USDFY, 2019FY, 2020FY, 2021

Revenue

130.0m145.1m167.7m

Revenue growth, %

(1%)12%16%

Cost of goods sold

29.0m30.4m38.2m

Gross profit

101.0m114.7m129.5m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

31.6m31.9m31.7m32.0m37.4m35.3m39.2m41.5m41.6m42.3m

Cost of goods sold

7.5m7.1m7.3m7.1m7.1m7.7m8.4m9.5m10.1m10.4m

Gross profit

24.0m24.8m24.4m24.9m30.4m27.6m30.8m32.0m31.5m31.9m

Gross profit Margin, %

76%78%77%78%81%78%79%77%76%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

51.8m71.5m100.6m

Accounts Receivable

22.1m24.7m28.9m

Prepaid Expenses

10.5m13.9m15.5m

Current Assets

84.4m110.1m145.0m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

48.4m49.0m48.2m56.3m63.9m66.4m82.4m90.4m97.0m106.9m

Accounts Receivable

22.1m22.6m21.3m21.3m23.9m21.8m25.8m25.3m25.2m27.0m

Prepaid Expenses

9.0m8.5m8.2m9.5m11.8m12.8m13.0m15.2m15.2m14.7m

Current Assets

79.5m80.2m77.7m87.2m99.5m101.0m121.2m130.8m137.5m148.6m
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

3.5m18.8m47.2m

Depreciation and Amortization

6.3m6.5m6.6m

Accounts Payable

(2.3m)4.3m76.0k

Cash From Operating Activities

13.0m34.3m34.3m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

(2.3m)3.7m(1.9m)2.0m9.0m12.7m5.5m10.0m13.5m1.8m

Depreciation and Amortization

1.5m3.1m4.8m1.5m3.0m4.7m1.8m3.5m5.1m1.5m

Accounts Payable

(3.1m)(1.2m)(2.1m)(981.0k)1.2m3.4m(2.2m)(249.0k)86.0k(2.5m)

Cash From Operating Activities

1.4m4.5m7.5m5.7m13.5m26.0m8.4m17.6m26.5m7.9m
USDQ1, 2019

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

1.6 x
Show all financial metrics

ChannelAdvisor Operating Metrics

ChannelAdvisor's Customers was reported to be 2.6 k in FY, 2019. ChannelAdvisor's Backlog was reported to be $77.6m in FY, 2019.
FY, 2018FY, 2019FY, 2020

Backlog

$73.9 m$77.6 m

Customers

2.83 k2.6 k

Marketplace Partners

100

Office Space, sq. ft.

110 k110 k110 k

ChannelAdvisor Acquisitions / Subsidiaries

Company NameDateDeal Size
BlueBoardJuly 24, 2020
HubLogixMay 30, 2017
E-TaleNovember 01, 2014
RichFXMarch 28, 2008
Marketworks IncSeptember 12, 2007
SearchMarketingJuly 12, 2005
CA Washington, LLC
ChannelAdvisor AU Pty Limited
ChannelAdvisor Barbados Ltd
ChannelAdvisor Brands UK Limited
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ChannelAdvisor Revenue Breakdown

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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

Cybersecurity ratingPremium dataset

B

80/100

SecurityScorecard logo

ChannelAdvisor Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

ChannelAdvisor Online and Social Media Presence

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ChannelAdvisor Company Culture

  • Overall Culture

    B-

    78/100

  • CEO Rating

    C-

    68/100

  • Compensation

    A

    88/100

  • Diversity

    C

    77/100

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ChannelAdvisor News and Updates

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...

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…

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 …

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...

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…

ChannelAdvisor Reports First Quarter 2022 Results; Achieves Record Subscription Revenue

Subscription revenue increased 17% year-over-year
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ChannelAdvisor Blogs

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…

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…

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 …

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…

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…

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…
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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.