CommerceHub is a provider of hosted integration, drop ship fulfillment and product content management for multi-channel e-commerce merchants. The Company provides integration and fulfillment services to both online and brick and mortar retailers, distributors, and supplier companies. It also offers solutions for enhanced delivery experience, which helps retailers and suppliers enhance their consumer delivery networks through the application of algorithms that optimize shipping decisions and allocate physical product inventory across fulfillment locations.

Type
Public
HQ
Albany, US
Founded
1997
Size (employees)
345 (est)
CommerceHub was founded in 1997 and is headquartered in Albany, US
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Key People/Management at CommerceHub

Frank Poore

Frank Poore

Founder, President and Chief Executive Officer
Richard Jones

Richard Jones

Co-Founder, Chief Technology Officer
Michael Trimarchi

Michael Trimarchi

CFO and Chief Commercial Officer

CommerceHub Office Locations

CommerceHub has offices in Hertfordshire, Seattle and Albany
Albany, US (HQ)
201 Fuller Rd
Seattle, US
400 1633 Westlake Ave N
Hertfordshire, GB
114-116 Fore St
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CommerceHub Financials and Metrics

CommerceHub Financials

CommerceHub's revenue was reported to be $111.12 m in FY, 2017 which is a 10.5% increase from the previous period.
USD

Revenue (FY, 2017)

111.1 m

Revenue growth (FY, 2016 - FY, 2017), %

10.5%

Gross profit (FY, 2017)

89.5 m

Gross profit margin (FY, 2017), %

80.6%

Net income (FY, 2017)

9.9 m

EBIT (FY, 2017)

26.5 m

Market capitalization (31-Oct-2017)

922.5 m

Closing share price (31-Oct-2017)

21

Cash (31-Dec-2017)

19.8 m
CommerceHub's current market capitalization is $922.5 m.
Annual
USDFY, 2015FY, 2016FY, 2017

Revenue

87.6 m100.6 m111.1 m

Revenue growth, %

35%15%11%

Cost of goods sold

22.7 m23.1 m21.6 m

Gross profit

64.9 m77.5 m89.5 m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

22.1 m23.1 m22.5 m24.6 m25.2 m24.6 m

Cost of goods sold

6.1 m5.3 m5.7 m5.5 m5.6 m5 m

Gross profit

16 m17.8 m16.7 m19.1 m19.6 m19.6 m

Gross profit Margin, %

72%77%74%78%78%80%
Annual
USDFY, 2015FY, 2016FY, 2017

Cash

19.3 m6.5 m19.8 m

Accounts Receivable

16.5 m18.1 m21.3 m

Prepaid Expenses

1 m1.5 m1.7 m

Current Assets

36.9 m30.4 m42.8 m
Quarterly
USDQ2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

6.9 m17.6 m4 m6.8 m8.4 m

Accounts Receivable

10.4 m10.3 m12.5 m11.7 m12.5 m

Prepaid Expenses

1.5 m2 m1.4 m1.5 m1.8 m

Current Assets

26.9 m30.8 m18.6 m23 m25.9 m
Annual
USDFY, 2015FY, 2016FY, 2017

Net Income

(4.5 m)9.1 m9.9 m

Depreciation and Amortization

7.8 m9.8 m8 m

Accounts Payable

(2.7 m)166 k2.2 m

Cash From Operating Activities

24.5 m(48.1 m)38.1 m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

(2 m)2.4 m3.1 m2.5 m4.7 m6.7 m

Depreciation and Amortization

2.3 m4.9 m7.3 m2.1 m4.3 m6.3 m

Accounts Payable

2.1 m231 k479 k337 k593 k1.4 m

Cash From Operating Activities

8.1 m(65.3 m)(52.5 m)13.6 m20.7 m27.4 m
USDY, 2017

Revenue/Employee

326.5 k

Financial Leverage

1.6 x

P/E Ratio

95.3
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CommerceHub Operating Metrics

CommerceHub's Customers was reported to be 11.6 k in FY, 2017.
FY, 2014FY, 2015Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017

Customers

8.60 k9.70 k9.70 k10 k10 k10 k11 k11.60 k

Gross Merchandise Volume

$8.80 b$11.60 b$13.40 b$16 b
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CommerceHub Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Commerce Technologies, LLC
CommerceHub (UK) Ltd.
Mercent Corporation December 18, 2014
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CommerceHub News and Updates

GTCR, Sycamore to buy CommerceHub for $1.1 bln

GTCR and Sycamore Partners said March 6 that they agreed to buy CommerceHub in a deal valued at about $1.1 billion. CommerceHub, of Albany, New York, provides a distributed commerce network for retailers and brands. CommerceHub was advised by Evercore and Baker Botts LLP.  GTCR and Sycamore were adv…
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