| 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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Viewing summary data as a guest
Sign up for free to see all dataKey People/Management at OnDeck
Noah Breslow
CEO
Andrea Gellert
Chief Revenue Officer
Jerome Hershey
Vice President of Business Development
Howard Katzenberg
Chief Finance Officer
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OnDeck Office Locations
OnDeck has offices in New York, Denver and Arlington
New York, US (HQ)
1400 Broadway
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OnDeck Financials and Metrics
OnDeck Revenue
OnDeck's revenue was reported to be $152.59 m in FY, 2017
| USD | |
|---|---|
Revenue (Q2, 2018) | 92.3m |
Gross profit (Q2, 2018) | (1.3m) |
Gross profit margin (Q2, 2018), % | (1.4%) |
Net income (Q2, 2018) | 2.3m |
EBIT (Q2, 2018) | 2.4m |
Market capitalization (17-Jan-2019) | 525.3m |
Closing stock price (17-Jan-2019) | 7.0 |
Cash (30-Jun-2018) | 74.3m |
OnDeck's current market capitalization is $525.3 m.
- Source: Annual Report 2015
Annual
Quarterly
| USD | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q1, 2018 | Q2, 2018 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 43.0m | 46.0m | 31.5m | 28.9m | 32.3m | 35.4m | 42.3m | 42.2m | 92.3m |
Cost of goods sold | 20.3m | 21.4m | 31.2m | 40.6m | 45.0m | 57.5m | 44.3m | 48.1m | 93.6m |
Gross profit | 22.7m | 24.7m | 297.0k | (11.8m) | (12.7m) | (22.0m) | (2.0m) | (5.9m) | (1.3m) |
Gross profit Margin, % | 53% | 54% | 1% | (41%) | (39%) | (62%) | (5%) | (14%) | (1%) |
- Source: Annual Report 2015
Annual
Annual
Quarterly
| USD | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q1, 2018 | Q2, 2018 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | (595.0k) | 2.9m | (13.1m) | (31.8m) | (49.0m) | (11.6m) | (14.2m) | (2.4m) | 2.3m |
Depreciation and Amortization | 2.9m | 4.6m | 2.1m | 4.4m | 6.9m | 2.6m | 5.2m | 2.2m | 4.2m |
Accounts Payable | 2.9m | 59.0k | 2.8m | 1.2m | 1.4m | (1.2m) | 298.0k | 364.0k | 1.4m |
Cash From Operating Activities | 50.3m | 89.7m | 19.8m | 52.3m | 89.5m | 44.9m | 97.0m | 53.9m | 118.5m |
| USD | Y, 2018 |
|---|---|
Financial Leverage | 3.9 x |
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.
OnDeck Revenue Breakdown
OnDeck revenue breakdown by business segment: 76.6% from Interest income, 20.9% from Gain on sales of loans and 2.5% from Other
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OnDeck Online and Social Media Presence
11.2k Twitter followers
OnDeck has 11.2k Twitter Followers. The number of followers has increased 0.2% month over month and decreased 0.2% quarter over quarter
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OnDeck News and Updates
December 05, 2018
OnDeck Announces Agreement to Combine Canadian Operations with Evolocity Financial Group
Combination Will Create A Leading Online Lending Platform Serving Small Businesses in Canada TORONTO, Dec. 5, 2018 /PRNewswire/ -- OnDeck® (NYSE: ONDK), the leader in online lending to small business, announced today that it has entered into a definitive agreement to combine its Canadian...
November 06, 2018
UPDATE 2-Online lender OnDeck beats profit estimates, shares surge
OnDeck Capital Inc, which lends
to small businesses online, reported a third-quarter profit that
beat estimates and raised its full-year outlook, sending its
shares surging nearly 26 percent.
November 06, 2018
CORRECTED-UPDATE 1-Online lender OnDeck beats profit estimates
Online lender OnDeck Capital Inc
reported a better-than-expected quarterly profit on Tuesday, as
it issued more loans and earned more from higher interest rates.
October 25, 2018
PNC enlists OnDeck for digital business lending platform
PNC Bank, National Association, today announced that in 2019 it plans to begin offering fully digita...
October 22, 2018
PNC Bank To Roll Out Digital Business Lending Platform With OnDeck In 2019
PITTSBURGH, Oct. 22, 2018 /PRNewswire/ -- PNC Bank, National Association, today announced that in 2019 it plans to begin offering fully digital business lines of credit, up to $100,000, in an expansion of its online lending to customers and prospects in the United States. PNC's new...
October 22, 2018
PNC partners with OnDeck for online small business lending
PNC Financial Services Group's PNC Bank will use technology from digital lender OnDeck Capital to extend loans to small businesses online, the companies said on Monday.
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OnDeck Blogs
December 21, 2018
Kingston Collision Wins Small Business Award
Dec. 21, 2018 | FenderBender.com The media outlet OnDeck recently announced Kingston Collision as its Small Business of the Month for December 2018. Kingston Collision serves residents of Kingston, N.Y. and the Hudson Valley. The owner, […]
The post Kingston Collision Wins Small Business Award appea…
December 20, 2018
Small Business Lender OnDeck to Offer Equipment Loans
By Lydia Beyoud | December 19, 2018 10:26AM ET Online small business lender OnDeck Capital plans to launch an equipment finance loan business in early 2019, applying its algorithmic know-how to the $35 billion market. […]
The post Small Business Lender OnDeck to Offer Equipment Loans appeared first …
December 20, 2018
OnDeck To Enter EF Market, Hires Industry Veteran as VP
OnDeck announced it will begin offering equipment finance loans to select U.S. small businesses next year, bringing its technology and digital lending expertise to what has traditionally been a slow-moving, opaque and complicated process. “With more […]
The post OnDeck To Enter EF Market, Hires Indu…
November 06, 2018
Online Lender OnDeck Beats Profit Estimates, Shares Surge
(Reuters) – OnDeck Capital Inc (ONDK.N), which lends to small businesses online, reported a third-quarter profit that beat estimates and raised its full-year outlook, sending its shares surging nearly 26 percent. The company expects a […]
The post Online Lender OnDeck Beats Profit Estimates, Shares …
November 06, 2018
OnDeck Reports Third Quarter 2018 Financial Results
Net income* of $9.8 million, $0.12 per diluted share Adjusted Net income* of $13.2 million, $0.17 per diluted share Gross revenue of $103.0 million, up 8% sequentially and 23% from a year ago Raised 2018 […]
The post OnDeck Reports Third Quarter 2018 Financial Results appeared first on OnDeck.
October 22, 2018
A big bank turns to fintech to speed up loans
Oct 22, 2018 On Deck Capital, an online lender to small businesses, is teaming up with PNC Financial Services. On Deck’s pitch: Make loans to small businesses relatively quickly. It currently has $1 billion worth […]
The post A big bank turns to fintech to speed up loans appeared first on OnDeck.
OnDeck Company Life and Culture
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OnDeck Frequently Asked Questions
When was OnDeck founded?
OnDeck was founded in 2006.
Who are OnDeck key executives?
OnDeck's key executives are Noah Breslow, Andrea Gellert and Jerome Hershey.
How many employees does OnDeck have?
OnDeck has 708 employees.
What is OnDeck revenue?
Latest OnDeck annual revenue is $152.6 m.
What is OnDeck revenue per employee?
Latest OnDeck revenue per employee is $215.5 k.
Who are OnDeck competitors?
Competitors of OnDeck include Zebit, Ebury and Avant.
Where is OnDeck headquarters?
OnDeck headquarters is located at 1400 Broadway, New York.
Where are OnDeck offices?
OnDeck has offices in New York, Denver and Arlington.
How many offices does OnDeck have?
OnDeck has 3 offices.