OnDeck
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OnDeck

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    • Financial ServicesTechnologyalternative lendinganalyticsfintechlendingplatform

    Ondeck is a technology-enabled financial platform that provides loan financing to small- and medium-sized businesses. OnDeck’s innovative technology platform leverages electronic information including online banking and merchant processing data to identify the creditworthiness of small businesses in minutes, while traditional lenders typically take days or even weeks.
    OnDeck partnered with other online lending platforms and a community lending non-profit association to create SMART Box, a capital comparison tool for small business financing. SMART Box uses standardized price metrics and explanations so people can best assess their loan options. They’ll find four key metrics: total cost of capital, annual percentage rate (APR), average monthly payment, and cents on the dollar. 


    Revenue(FY, 2017)
    $152.6 M
    Market capitalization(2018-07-18)
    $594.2 M
    Customers(Q2, 2017)
    70 K
    Type
    Public
    HQ
    New York, US
    Founded
    2006
    Size (employees)
    708 (est)+43%
    Website
    ondeck.com
    OnDeck was founded in 2006 and is headquartered in New York, US
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    Key People/Management at OnDeck

    Noah Breslow

    Noah Breslow

    CEO
    Andrea Gellert

    Andrea Gellert

    Chief Revenue Officer
    Jerome Hershey

    Jerome Hershey

    Vice President of Business Development
    Howard Katzenberg

    Howard Katzenberg

    Chief Finance Officer
    Show more

    OnDeck Office Locations

    OnDeck has offices in Arlington, New York and Denver
    New York, US (HQ)
    1400 Broadway
    Show all (3)
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    OnDeck Financials and Metrics

    OnDeck Revenue

    Embed Graph
    OnDeck's revenue was reported to be $152.59 m in FY, 2017
    USD

    Revenue (Q1, 2018)

    		42.2 m

    Gross profit (Q1, 2018)

    		(5.9 m)

    Gross profit margin (Q1, 2018), %

    		(14.1%)

    Net income (Q1, 2018)

    		(2.4 m)

    EBIT (Q1, 2018)

    		(2.4 m)

    Market capitalization (18-Jul-2018)

    		594.2 m

    Closing share price (18-Jul-2018)

    		8

    Cash (31-Mar-2018)

    		70.4 m
    OnDeck's current market capitalization is $594.2 m.
    Annual
    USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Revenue

    		65.2 m158.1 m254.8 m108.9 m152.6 m

    Revenue growth, %

    		142%61%(57%)

    Cost of goods sold

    		40 m84.6 m95.1 m182.4 m198.4 m

    Gross profit

    		25.3 m73.4 m159.7 m(73.5 m)(45.8 m)
    Quarterly
    USDQ1, 2018

    Revenue

    		42.2 m

    Cost of goods sold

    		48.1 m

    Gross profit

    		(5.9 m)

    Gross profit Margin, %

    		(14%)
    show all
    Annual
    USDFY, 2016FY, 2017

    Cash

    		79.6 m71.4 m

    Accounts Receivable

    		191.3 m

    PP&E

    		29.4 m23.6 m

    Total Assets

    		1.1 b996 m
    Quarterly
    USDQ1, 2018

    Cash

    		70.4 m

    PP&E

    		17.5 m

    Total Assets

    		1 b

    Accounts Payable

    		3 m
    show all
    Annual
    USDFY, 2016FY, 2017

    Net Income

    		(85.5 m)(14.3 m)

    Depreciation and Amortization

    		9.5 m10 m

    Accounts Payable

    		2.6 m(2.6 m)

    Cash From Operating Activities

    		134.3 m210.2 m
    Quarterly
    USDQ1, 2018

    Net Income

    		(2.4 m)

    Depreciation and Amortization

    		2.2 m

    Accounts Payable

    		364 k

    Cash From Operating Activities

    		53.9 m
    show all
    USDY, 2018

    Financial Leverage

    		3.9 x
    Show all financial metrics

    OnDeck Operating Metrics

    OnDeck's Total Loans was reported to be $970.5m in Q2, 2017. OnDeck's Customers was reported to be 70 k in Q2, 2017.
    FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

    Customers

    		50 k50 k60 k60 k70 k70 k

    Total Loans

    		$504.11 m$556.42 m$513.92 m$512.39 m$552.74 m$663.39 m$804.40 m$905.33 m$1 b$1.05 b$970.47 m
    Show all operating metrics

    OnDeck Revenue Breakdown

    Embed Graph

    OnDeck revenue breakdown by business segment: 76.6% from Interest income, 20.9% from Gain on sales of loans and 2.5% from Other

    Human Capital Metrics

    Source: fortune.com
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    Competitors

    A-Mark Precious Metals
    Financial Services - Public
    GreenSky
    Financial Services - Public
    Avant
    Financial Services - Private
    Assetz Capital
    Financial Services - Private
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    OnDeck Online and Social Media Presence

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    OnDeck News and Updates

    May 08, 2018

    OnDeck Capital 2018 Q1 - Results - Earnings Call Slides

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    OnDeck Company Life and Culture

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