OnDeck revenue was $444.49 m in FY, 2019 which is a 11.6% year over year increase from the previous period.
Founding Date | 2006 |
Total Funding | $172.3 m |
Investors | Founders Fund, First Round Capital, Foundation Capital, Khosla Ventures, Sapphire Ventures, Village Ventures, Google Ventures, RRE Ventures, Tiger Global Management, Peter Thiel, Industry Ventures, SF Capital, SF Capital Group, IVP, GV, IVP (Institutional Venture Partners) |
OnDeck revenue breakdown by business segment: 96.4% from Interest income and 3.6% from Other
USD | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|
Revenue | 351.0m | 398.4m | 444.5m |
Revenue growth, % | 20% | 14% | 12% |
Cost of goods sold | 199.1m | 195.6m | 218.0m |
Gross profit | 151.8m | 202.8m | 226.4m |
Gross profit Margin, % | 43% | 51% | 51% |
Sales and marketing expense | 52.8m | 44.1m | 50.5m |
General and administrative expense | 41.9m | 61.3m | 63.8m |
Operating expense total | 166.2m | 177.5m | 206.3m |
Pre tax profit | (14.3m) | 25.3m | 20.1m |
Income tax expense | (3.5m) | ||
Net Income | (14.3m) | 25.3m | 23.6m |
EPS | (0.2) | 0.4 | 0.4 |
USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
---|---|---|---|---|---|---|---|---|
Revenue | 90.3m | 95.6m | 103.0m | 110.2m | 110.2m | 112.6m | 110.6m | 80.5m |
Cost of goods sold | 48.2m | 45.5m | 50.8m | 54.6m | 54.3m | 54.4m | 119.5m | 34.0m |
Gross profit | 42.1m | 50.1m | 52.2m | 55.5m | 55.9m | 58.2m | (8.9m) | 46.5m |
Gross profit Margin, % | 47% | 52% | 51% | 50% | 51% | 52% | (8%) | 58% |
Sales and marketing expense | 10.6m | 11.4m | 10.8m | 12.0m | 13.3m | 12.3m | 11.7m | 5.5m |
General and administrative expense | 17.7m | 16.0m | 13.1m | 14.0m | 16.4m | 16.5m | 16.3m | 13.7m |
Operating expense total | 44.6m | 45.3m | 42.7m | 48.3m | 52.0m | 51.7m | 51.1m | 39.7m |
Pre tax profit | (2.4m) | 4.8m | 9.5m | 7.3m | 4.0m | 6.5m | (60.0m) | (4.1m) |
Income tax expense | 1.7m | 1.8m | (1.6m) | |||||
Net Income | (2.4m) | 4.8m | 9.5m | 5.5m | 2.2m | 8.1m | (60.0m) | (4.1m) |
EPS | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | (0.9) | 0.0 |
USD | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|
Cash | 71.4m | 59.9m | 56.3m |
Accounts Receivable | 843.8m | 1.0b | 1.1b |
PP&E | 23.6m | 16.7m | 20.3m |
Total Assets | 996.0m | 1.2b | 1.3b |
Accounts Payable | 2.7m | 4.0m | 6.5m |
Total Debt | 692.3m | 816.2m | 915.0m |
Total Liabilities | 730.0m | 857.3m | 993.9m |
Common Stock | 386.0k | 396.0k | 405.0k |
Additional Paid-in Capital | 492.5m | 506.2m | 513.6m |
Retained Earnings | (222.8m) | (195.2m) | (169.0m) |
Total Equity | 266.1m | 304.3m | 296.2m |
Debt to Equity Ratio | 2.6 x | 2.7 x | 3.1 x |
Debt to Assets Ratio | 0.7 x | 0.7 x | 0.7 x |
Financial Leverage | 3.7 x | 3.8 x | 4.4 x |
USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
---|---|---|---|---|---|---|---|---|
Cash | 70.4m | 74.3m | 71.3m | 60.1m | 58.7m | 59.4m | 121.1m | 71.7m |
Accounts Receivable | 892.0m | 922.5m | 984.2m | 1.1b | 1.1b | 1.1b | 1.1m | 727.5m |
PP&E | 17.5m | 16.9m | 16.3m | 16.2m | 17.1m | 18.6m | 23.7m | 24.6m |
Total Assets | 1.0b | 1.1b | 1.1b | 1.2b | 1.2b | 1.3b | 1.3b | 968.6m |
Accounts Payable | 3.0m | 4.1m | 5.7m | 4.8m | 5.8m | 3.7m | 6.8m | 7.7m |
Total Debt | 738.0m | 755.7m | 812.4m | 842.3m | 841.6m | 870.6m | 1.0m | 680.4m |
Total Liabilities | 773.0m | 794.5m | 849.7m | 911.1m | 915.2m | 942.7m | 1.1b | 742.6m |
Common Stock | 389.0k | 391.0k | 393.0k | 399.0k | 401.0k | 404.0k | 406.0k | 408.0k |
Additional Paid-in Capital | 496.6m | 499.3m | 503.0m | 510.6m | 508.6m | 511.9m | 514.8m | 516.9m |
Retained Earnings | (224.8m) | (219.0m) | (209.2m) | (189.3m) | (187.0m) | (178.3m) | (217.5m) | (215.3m) |
Total Equity | 267.5m | 277.7m | 290.2m | 313.6m | 317.8m | 317.9m | 213.4m | 219.1m |
Debt to Equity Ratio | 2.8 x | 2.7 x | 2.8 x | 2.7 x | 2.6 x | 2.7 x | 0 x | 3.1 x |
Debt to Assets Ratio | 0.7 x | 0.7 x | 0.7 x | 0.7 x | 0.7 x | 0.7 x | 0 x | 0.7 x |
Financial Leverage | 3.9 x | 3.9 x | 3.9 x | 3.9 x | 3.9 x | 4 x | 6.3 x | 4.4 x |
USD | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|
Net Income | (14.3m) | 25.3m | 23.6m |
Depreciation and Amortization | 10.0m | 7.8m | 6.4m |
Accounts Payable | (2.6m) | 1.5m | 2.5m |
Cash From Operating Activities | 210.2m | 263.8m | 282.4m |
Purchases of PP&E | (1.3m) | (1.1m) | (3.2m) |
Cash From Investing Activities | (156.6m) | (399.6m) | (303.6m) |
Long-term Borrowings | (273.7m) | (632.7m) | (691.6m) |
Cash From Financing Activities | (62.5m) | 121.7m | 20.9m |
Net Change in Cash | (8.2m) | (17.2m) | (770.0k) |
Interest Paid | 41.9m | 42.2m | 40.0m |
Income Taxes Paid | 9.3m |
USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
---|---|---|---|---|---|---|---|---|
Net Income | (2.4m) | 2.3m | 11.8m | 5.5m | 7.5m | 15.6m | (60.0m) | (64.2m) |
Depreciation and Amortization | 2.2m | 4.2m | 6.2m | 1.7m | 3.6m | 5.2m | 1.6m | 3.3m |
Accounts Payable | 364.0k | 1.4m | 3.0m | 859.0k | 1.5m | (587.0k) | 518.0k | 1.3m |
Cash From Operating Activities | 53.9m | 118.5m | 182.2m | 68.8m | 136.6m | 206.7m | 57.4m | 101.0m |
Purchases of PP&E | (313.0k) | (695.0k) | (677.0k) | (536.0k) | (1.4m) | (3.0m) | (2.4m) | (2.9m) |
Cash From Investing Activities | (98.7m) | (177.7m) | (294.7m) | (87.5m) | (125.4m) | (208.2m) | (106.8m) | 219.1m |
Long-term Borrowings | (24.6m) | (342.8m) | (577.6m) | (182.8m) | (359.4m) | (434.7m) | (126.3m) | (508.4m) |
Cash From Financing Activities | 45.4m | 64.3m | 118.6m | 25.9m | (6.1m) | 13.6m | 102.2m | (267.9m) |
Net Change in Cash | 300.0k | 3.6m | 5.4m | 7.1m | 4.4m | 11.7m | 53.4m | 52.7m |
Interest Paid | 10.5m | 21.4m | 32.3m | 9.9m | 20.0m | 30.2m | 9.6m | 19.1m |
Income Taxes Paid | 30.0k | 67.0k |
USD | FY, 2017 |
---|---|
Revenue/Employee | 553.7k |
Debt/Equity | 2.6 x |
Debt/Assets | 0.7 x |
Financial Leverage | 3.7 x |
FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Annual Percentage Yield | 33.7% | 35.6% | 36.1% | 36.5% | 36.2% | 35.6% | 35% | 35.1% | 35.1% | 33.3% | 28.4% |
Customers | 97 k | 114 k | |||||||||
Industries Served | 700 | 700 | 700 | ||||||||
Loans Originated | $2.11 b | $590.59 m | $586.73 m | $647.8 m | $2.48 b | $635.51 m | $591.85 m | $629.25 m | $2.47 b | $591.86 m | $65.57 m |
Loans Originated to Date | $8 b | $10 b | $13 b |
Y, 2016 | |
---|---|
White, percent | 63% |
Asian, percent | 19% |
Hispanic, percent | 8% |
Black / African American, percent | 7% |
Other | 3% |