Company Growth (employees)
OnDeck was founded in 2006 and is headquartered in New York, US
Key People at OnDeck
Noah Breslow
CEO
Andrea Gellert
Chief Revenue Officer
Jerome Hershey
Vice President of Business Development
OnDeck Office Locations
OnDeck has offices in New York, Arlington and Denver
New York, US (HQ)
1400 Broadway
OnDeck Data and Metrics
OnDeck Financial Metrics
OnDeck's revenue was reported to be $108.9 m in FY, 2016 which is a 57% decrease from the previous period.
USD
Revenue (FY, 2016) | 108.9 m |
Revenue growth (FY, 2015 - FY, 2016), % | (57%) |
Gross profit (FY, 2016) | (73.5 m) |
Gross profit margin (FY, 2016), % | (67%) |
Net income (FY, 2016) | (85.5 m) |
EBIT (FY, 2016) | (85.1 m) |
Market capitalization (18-Aug-2017) | 340.9 m |
Cash (31-Dec-2016) | 79.6 m |
OnDeck's current market capitalization is $340.9 m.
- Source: Annual Report 2015
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 65.2 m | 158.1 m | 254.8 m | 108.9 m |
Revenue growth, % | 142% | 61% | (57%) | |
Cost of goods sold | 40 m | 84.6 m | 95.1 m | 182.4 m |
Gross profit | 25.3 m | 73.4 m | 159.7 m | (73.5 m) |
Gross profit Margin, % | 39% | 46% | 63% | (67%) |
Sales and marketing expense | 18.1 m | 33.2 m | 60.6 m | 67 m |
General and administrative expense | 12.2 m | 21.7 m | 45.3 m | 48.3 m |
Operating expense total | 44.6 m | 80.5 m | 161.6 m | 115.4 m |
EBIT | (85.1 m) | |||
EBIT margin, % | (78%) | |||
Interest expense | 414 k | |||
Interest income | 264.8 m | |||
Pre tax profit | (85.5 m) | |||
Net Income | (24.4 m) | (18.7 m) | (2.2 m) | (85.5 m) |
- Source: Annual Report 2015
| USD | FY, 2016 |
|---|---|
Cash | 79.6 m |
Accounts Receivable | 191.3 m |
PP&E | 29.4 m |
Total Assets | 1.1 b |
Accounts Payable | 5.3 m |
Total Liabilities | 800.5 m |
Additional Paid-in Capital | 477.5 m |
Retained Earnings | (211.3 m) |
Total Equity | 263.6 m |
Financial Leverage | 4 x |
| USD | FY, 2016 |
|---|---|
Net Income | (85.5 m) |
Depreciation and Amortization | 9.5 m |
Accounts Payable | 2.6 m |
Cash From Operating Activities | 134.3 m |
Cash From Investing Activities | (589.2 m) |
Long-term Borrowings | (398.7 m) |
Cash From Financing Activities | 374.7 m |
Interest Paid | 24.8 m |
| USD | Y, 2016 |
|---|---|
Revenue/Employee | 170.7 k |
Financial Leverage | 4 x |
OnDeck Operating Metrics
OnDeck's Customers was reported to be 50 k in May, 2016
- Source: investors.ondeck.com
Market Position of OnDeck
Traffic Overview of OnDeck
OnDeck Online and Social Media Presence
OnDeck News and Updates
December 13, 2016
OnDeck gets $200 million from Credit Suisse (ONDK)
This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here.
At a time when many online lenders are struggling to attract capital, OnDeck has received a welcome sign of faith from the Swiss banking giant in the …
July 25, 2016
OnDeck COO Regarding Loan Aggregators: ‘They Have A Role To Play’
Loan aggregators act as the middlemen of the online lending world, and they play a very different role in the personal loan and small business segments of the online loan market, said OnDeck COO James Hobson, speaking on stage at CB … Continued
July 13, 2016
James Hobson, COO of OnDeck, On Going Public: ‘I’d Do It Again.’
Going public is not for the faint of heart, but when asked by moderator Stephen Gandel of Fortune about the decision to take OnDeck public in 2014, COO James Hobson was firm: “We really felt that somebody needed to take … Continued