Sector: Technology | Industry: Software |
See Regulatory Filings on SEC |
Company Contact | |
Address: | SUITE 1000, 333 SOUTH SEVENTH STREET MINNEAPOLIS MN 55402 |
Tel: | N/A |
Website: | https://www.spscommerce.com |
IR: | See website |
Key People | ||
Archie C. Black Executive Chairman of the Board | James J. Frome President, Chief Operating Officer | Chad Collins Chief Executive Officer, Director | Kimberly K. Nelson Chief Financial Officer, Executive Vice President |
Business Overview |
SPS Commerce, Inc. is a provider of cloud-based supply chain management services that supports retailers, grocers, distributors, suppliers, and logistics firms to communicate and collaborate by simplifying how they manage and share item, order, and sales data across omnichannel retail channels. The Company's products include Fulfillment, Analytics and Other products. Fulfillment product is a full-service electronic data interchange (EDI) solution that scales as a business grows. Analytics product enables organizations to improve visibility into how products are selling through a single connection across all sales channels, including wholesale, eCommerce, and marketplaces. The Company provide several complementary products, such as assortment, and community. In addition to these offerings, it also provides one-time services such as professional services and testing and certification. It provides supply chain digitalization including EDI and e-invoicing in Europe and the United States. |
Financial Overview |
For the fiscal year ended 31 December 2023, SPS Commerce Inc revenues increased 19% to $536.9M. Net income increased 19% to $65.8M. Revenues reflect Fulfillment segment increase of 20% to $436.7M, Other segment increase of 70% to $13.6M, United States segment increase of 19% to $451M, Outside U.S. segment increase of 19% to $85.9M. Net income also reflects Investment Income increase from $1.7M to $7.7M (income). |
Employees: | 2,489 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $5,775M as of Dec 31, 2023 |
Annual revenue (TTM): | $536.91M as of Dec 31, 2023 |
EBITDA (TTM): | $111.99M as of Dec 31, 2023 |
Net annual income (TTM): | $65.82M as of Dec 31, 2023 |
Free cash flow (TTM): | $112.54M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 37,088,866 as of Mar 22, 2024 |
Index Membership: | S&P 600 Small Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |