Newegg Commerce, Inc. (NEGG) 10-Year Financial Performance & Capital Metrics

NEGG •

Consumer CyclicalSpecialty RetailConsumer Electronics and Gaming Retail

AboutNewegg Commerce, Inc. operates as an electronics-focused e-retailer in North America. The company offers desktops, laptops, gaming laptops, peripherals, and accessories; CPU/processors, graphic cards, motherboards, storage devices, and computer accessories; home video, home audio, headphones, pro audio/video, cellphones, wearables, and digital cameras; Xbox, Playstation, legacy gaming, and gaming titles; and home networking, commercial networking, server and components, and smart home products. It also provides display and printing, office technology furniture, office supplies, and mailing and inventory supplies; software, digital downloads, warranty and services, 3rd party gift cards, and entertainment products; car electronics, marine and aviation, motorcycles and ATV, performance parts, tools and equipment, and wheels and tires; home improvement tools, home appliances, kitchen utensils, outdoor and garden furniture, pet supplies, and generators; and fitness, sports, and health and beauty supplies. The company operates B2C platforms, including Newegg.com, Newegg.ca, and Newegg Global, as well as mobile apps; and B2B platforms comprising NeweggBusiness.com. The company was founded in 2001 and is headquartered in City of Industry, California. Newegg Commerce, Inc. is a subsidiary of Hangzhou Liaison Interactive Information Technology Co., Ltd.Show more

Revenue $1.24B -17.5%
EBITDA -$41M +29.1%
Net Income -$43M +26.6%
EPS (Diluted) -2.25 +27.9%
Gross Margin 9.78% -12.7%
EBITDA Margin -3.31% +14.1%
Operating Margin -4.17% +12.1%
Net Margin -3.51% +11.0%
ROE -36.8% +11.2%
ROIC -39.29% +9.0%
Debt/Equity 0.69 -1.7%
Interest Coverage -54.15 -93.6%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Momentum leader: RS Rating 84 (top 16%)
✓Efficient asset utilization: 3.0x turnover

✗Weaknesses

✗Negative free cash flow
✗Low quality earnings: Net income not backed by cash flow
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y84.05%

5Y-4.23%

3Y-19.59%

TTM-5.65%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM58.7%

EPS CAGR

10Y-

5Y-

3Y-

TTM59.15%

ROCE

10Y Avg-33.36%

5Y Avg-10.3%

3Y Avg-26.85%

Latest-28.15%

Peer Comparison

Consumer Electronics and Gaming Retail

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
GMEGameStop Corp.	10.76B	24.03	72.82	-27.5%	11.08%	7.95%	1.2%	0.08
BBYBest Buy Co., Inc.	13.01B	61.97	14.48	-4.43%	1.54%	24.31%	10.7%	1.44
NEGGNewegg Commerce, Inc.	866.01B	44.46	-19.76	-17.46%	-1.72%	-19.77%		0.69
ODPThe ODP Corporation	843.3M	28.00	-326.72	-10.65%	-0.14%	-1.09%	3.79%	1.31

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	738.3K	13.06M	882.01K	559.39K	1.53B	2.11B	2.38B	1.72B	1.5B	1.24B
Revenue Growth %	-73.35%	1669.25%	-93.25%	-36.58%	274116.37%	37.87%	12.36%	-27.6%	-12.98%	-17.46%
Cost of Goods Sold+	927.29K	17.18M	1.66M	1.17M	1.37B	1.84B	2.05B	1.5B	1.33B	1.11B
COGS % of Revenue	125.6%	131.52%	187.75%	209.46%	89.25%	87.06%	86.28%	87.41%	88.81%	90.22%
Gross Profit+	-188.99K	-4.12M	-773.96K	-612.33K	164.87M	273.63M	325.98M	216.63M	167.56M	120.78M
Gross Margin %	-25.6%	-31.52%	-87.75%	-109.46%	10.75%	12.94%	13.72%	12.59%	11.19%	9.78%
Gross Profit Growth %	-119.09%	-2078.31%	81.2%	20.88%	27025.68%	65.96%	19.13%	-33.55%	-22.65%	-27.91%
Operating Expenses+	8.31M	4.96M	4.34M	5.37M	200.88M	250.24M	292.46M	266.16M	238.64M	172.04M
OpEx % of Revenue	1126.21%	37.98%	491.92%	959.39%	13.1%	11.83%	12.31%	15.47%	15.94%	13.92%
Selling, General & Admin	5.16M	3.92M	4.02M	5.06M	229.19M	250.24M	292.46M	266.16M	238.64M	172.3M
SG&A % of Revenue	699.13%	30%	455.53%	905.46%	14.94%	11.83%	12.31%	15.47%	15.94%	13.94%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	-1.23M	0	-170K	0	-28.31M	0	0	0	0	-264K
Operating Income+	-8.5M	-9.08M	-5.11M	-5.98M	-3.8M	23.39M	33.51M	-49.54M	-71.08M	-51.55M
Operating Margin %	-1151.81%	-69.49%	-579.67%	-1068.86%	-0.25%	1.11%	1.41%	-2.88%	-4.75%	-4.17%
Operating Income Growth %	-478.49%	-6.75%	43.68%	-16.94%	36.4%	715.14%	43.27%	-247.82%	-43.49%	27.48%
EBITDA+	-7.98M	-7.85M	-3.78M	-5.15M	6.91M	32.49M	44.31M	-38.52M	-57.65M	-40.85M
EBITDA Margin %	-1080.58%	-60.06%	-429.06%	-920.9%	0.45%	1.54%	1.86%	-2.24%	-3.85%	-3.31%
EBITDA Growth %	-564.83%	1.66%	51.76%	-36.12%	234.05%	370.49%	36.39%	-186.92%	-49.67%	29.14%
D&A (Non-Cash Add-back)	525.92K	1.23M	1.33M	827.63K	10.71M	9.1M	10.8M	11.02M	13.44M	10.7M
EBIT	-6.52M	-9.58M	-5.14M	-8.87M	-9.46M	29.83M	31.08M	-42.64M	-59.13M	-43.65M
Net Interest Income+	0	0	705K	0	-2.36M	460K	467K	479K	-193K	1.77M
Interest Income	0	0	705K	0	586K	1.12M	1.08M	1.16M	2.35M	2.72M
Interest Expense	195.55K	402.49K	0	561.97K	2.94M	664K	612K	685K	2.54M	952K
Other Income/Expense	212.42M	-627.34K	2.08M	11.11M	23.6M	8.98M	-3.04M	6.21M	9.41M	6.95M
Pretax Income+	-6.71M	-9.7M	-5.14M	-8.91M	-12.4M	32.37M	30.47M	-43.33M	-61.67M	-44.61M
Pretax Margin %	-908.96%	-74.3%	-582.35%	-1592.82%	-0.81%	1.53%	1.28%	-2.52%	-4.12%	-3.61%
Income Tax+	-11.98K	-95.03K	247K	1.58M	4.59M	1.94M	-5.79M	14.1M	-2.68M	-1.28M
Effective Tax Rate %	152.34%	99.43%	100%	100%	137%	94%	119.02%	132.54%	95.65%	97.13%
Net Income+	-10.22M	-9.65M	-5.14M	-8.91M	-16.99M	30.43M	36.26M	-57.43M	-58.99M	-43.33M
Net Margin %	-1384.68%	-73.87%	-582.35%	-1592.82%	-1.11%	1.44%	1.53%	-3.34%	-3.94%	-3.51%
Net Income Growth %	57.93%	5.61%	46.77%	-73.47%	-90.7%	279.07%	19.18%	-258.37%	-2.72%	26.55%
Net Income (Continuing)	-6.7M	-9.61M	-5.14M	-8.91M	-16.99M	30.43M	36.26M	-57.43M	-58.99M	-43.33M
Discontinued Operations	-3.66M	-168.57K	0	0	0	0	0	0	0	0
Minority Interest	867.83K	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-27.74	-7.41	-0.30	-0.48	-0.94	1.65	1.60	-3.08	-3.12	-2.25
EPS Growth %	68.55%	73.29%	95.95%	-60%	-95.83%	275.53%	-3.03%	-292.5%	-1.3%	27.88%
EPS (Basic)	-279.00	-7.41	-0.30	-0.76	-1.00	1.67	1.98	-3.08	-3.12	-2.25
Diluted Shares Outstanding	14.56M	14.56M	17.41M	18.67M	18.17M	18.41M	21.61M	18.66M	18.93M	19.29M
Basic Shares Outstanding	14.56M	14.56M	17.31M	11.72M	16.99M	18.41M	18.33M	18.66M	18.93M	19.29M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	6.87M	11.34M	9.83M	2.71M	1.68M	428.61M	438.96M	390.82M	344.45M	283.64M
Cash & Short-Term Investments	615.52K	10.79M	6.81M	477.31K	79.75M	156.63M	99.99M	122.56M	102.51M	99.74M
Cash Only	615.52K	10.79M	6.81M	477.31K	79.75M	156.63M	99.99M	122.56M	102.51M	99.74M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	54.25K	153.19K	257.04K	466.42K	54.19M	67.31M	63.68M	88.69M	83.61M	66.81M
Days Sales Outstanding	26.82	4.28	106.37	304.34	12.89	11.62	9.78	18.82	20.39	19.74
Inventory	5.44M	375.69K	2.6M	1.5M	109.51M	182.06M	245.08M	156.02M	136.16M	98.54M
Days Inventory Outstanding	2.14K	7.98	573.97	467.84	29.2	36.09	43.63	37.87	37.38	32.26
Other Current Assets	757.77K	14.44K	33.18K	267.78K	-255.97M	6.93M	12.27M	6.56M	8.74M	4.33M
Total Non-Current Assets+	7.01M	5.22M	5.73M	2.99M	656.84K	128.86M	187.62M	151.27M	154.6M	123.68M
Property, Plant & Equipment	1.75M	1.41M	531.47K	1.49M	656.84K	93.02M	144.73M	129.24M	138.63M	111.81M
Fixed Asset Turnover	0.42x	9.29x	1.66x	0.38x	2335.31x	22.73x	16.42x	13.31x	10.80x	11.05x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	4.45M	3.81M	3.7M	0	0	0	0	0	0	0
Long-Term Investments	0	0	1.5M	1.5M	21.46M	24.66M	15M	11.25M	2.25M	15.19M
Other Non-Current Assets	803.11K	0	0	0	-21.46M	10.51M	14.52M	9.92M	12.11M	-22.63M
Total Assets+	13.88M	16.55M	15.56M	5.7M	2.33M	557.47M	626.58M	542.1M	499.05M	407.32M
Asset Turnover	0.05x	0.79x	0.06x	0.10x	657.22x	3.79x	3.79x	3.17x	3.00x	3.03x
Asset Growth %	-34.68%	19.29%	-5.98%	-63.38%	-59.04%	23785.14%	12.4%	-13.48%	-7.94%	-18.38%
Total Current Liabilities+	6.41M	1.12M	2.68M	1.45M	256.12M	388.09M	356.31M	309.77M	296.54M	243.57M
Accounts Payable	20.87K	72.45K	47.89K	234.45K	226.22K	241.5M	220.78M	207.15M	206.59M	148.28M
Days Payables Outstanding	8.22	1.54	10.56	73.03	0.06	47.87	39.3	50.28	56.72	48.55
Short-Term Debt	3.72M	0	1.54M	0	1.21M	5.56M	6.47M	6.33M	7.6M	7.07M
Deferred Revenue (Current)	42.98K	106.52K	313.17K	232.56K	267.37K	47.4M	39.77M	31.03M	26.28M	27.66M
Other Current Liabilities	2.53M	802.3K	783.11K	597.96K	36.57M	12.64M	53.56M	37.53M	5.17M	40.93M
Current Ratio	1.07x	10.17x	3.67x	1.87x	0.01x	1.10x	1.23x	1.26x	1.16x	1.16x
Quick Ratio	0.22x	9.83x	2.70x	0.83x	-0.42x	0.64x	0.54x	0.76x	0.70x	0.76x
Cash Conversion Cycle	2.16K	10.72	669.78	699.15	42.03	-0.17	14.11	6.41	1.05	3.45
Total Non-Current Liabilities+	162.74K	1.5M	1.73M	1.13M	33.61M	41.88M	87.99M	77.11M	73.11M	57.66M
Long-Term Debt	0	0	0	15.42M	0	2.09M	1.84M	1.4M	1.11M	0
Capital Lease Obligations	0	0	0	0	30.64M	39.04M	84.31M	74.84M	68.13M	53.32M
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	162.74K	1.5M	1.73M	1.13M	741K	749K	1.84M	863K	3.88M	4.34M
Total Liabilities	6.57M	2.61M	4.41M	2.58M	3.62M	429.97M	444.3M	386.87M	369.65M	301.23M
Total Debt+	3.72M	0	1.54M	58.54M	39.5M	56.38M	107.23M	96.83M	90.56M	73M
Net Debt	3.1M	-10.79M	-5.27M	58.06M	1.19M	-100.25M	7.24M	-25.73M	-11.95M	-26.75M
Debt / Equity	0.51x	-	0.14x	18.78x	-	0.44x	0.59x	0.62x	0.70x	0.69x
Debt / EBITDA	-	-	-	-	5.72x	1.74x	2.42x	-	-	-
Net Debt / EBITDA	-	-	-	-	0.17x	-3.09x	0.16x	-	-	-
Interest Coverage	-43.49x	-22.55x	-	-10.64x	-1.29x	35.23x	54.76x	-72.32x	-27.97x	-54.15x
Total Equity+	7.31M	13.94M	11.15M	3.12M	-1.29M	127.5M	182.28M	155.22M	129.39M	106.09M
Equity Growth %	-54.27%	90.75%	-19.98%	-72.06%	-141.35%	9992.78%	42.97%	-14.85%	-16.64%	-18.01%
Book Value per Share	0.50	0.96	0.64	0.17	-0.07	6.93	8.43	8.32	6.84	5.50
Total Shareholders' Equity	6.44M	13.94M	11.15M	3.12M	-1.29M	127.5M	182.28M	155.22M	129.39M	106.09M
Common Stock	16.92M	47.28M	47.28M	48.63M	48.63M	7.94M	8.08M	8.23M	8.31M	8.51M
Retained Earnings	-16.38M	-26.11M	-31.25M	-63.98M	-80.97M	-50.54M	-14.28M	-71.71M	-130.7M	-174.03M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	2.99M	2.74M	3.12M	2.6B	2.44B	3.06M	6.06M	1.11M	194K	-2.3M
Minority Interest	867.83K	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-2.34M	-2.78M	-21.22M	-3.63M	-10.08M	84.51M	-53.29M	20.48M	-3.84M	-821K
Operating CF Margin %	-317.6%	-21.25%	-2405.75%	-648.85%	-0.66%	4%	-2.24%	1.19%	-0.26%	-0.07%
Operating CF Growth %	-156.64%	-18.35%	-664.61%	82.89%	-177.64%	938.66%	-163.05%	138.43%	-118.75%	78.61%
Net Income	-6.56M	-9.48M	-11.97M	-33.6M	-16.99M	30.43M	36.26M	-57.43M	-58.99M	-43.33M
Depreciation & Amortization	619.21M	1.23B	1.33M	827.63K	10.71M	9.09M	10.8M	11.02M	13.44M	10.7M
Stock-Based Compensation	1.06B	947.48M	4M	3.9M	744K	1.62M	6.29M	33.94M	33.66M	27.25M
Deferred Taxes	0	0	0	0	-1.01M	372K	-12.7M	12.5M	-679K	726K
Other Non-Cash Items	0	3.85M	5.56M	5.87M	-46.34M	8.55M	15.15M	10.22M	-3.02M	4.04M
Working Capital Changes	4.39M	1.63M	0	275.74K	42.81M	34.45M	-109.08M	10.23M	11.75M	-213K
Change in Receivables	1.62M	129.13K	-237.25K	5.83M	32.83M	-14.06M	785K	-21.97M	2.76M	14.47M
Change in Inventory	41.82K	2.41M	-2.15M	58.99M	110.14M	-76.24M	-70.83M	78.77M	16.78M	32.88M
Change in Payables	-24.91K	51.58K	-24.56K	186.56K	-100.73M	76.34M	-20.07M	-14.06M	-898K	-57.4M
Cash from Investing+	-27.86K	-634.02M	-55.11M	-6.23M	84.68M	-5.24M	-13.84M	-3.77M	-14.25M	2.44M
Capital Expenditures	-27.48K	0	0	-776.33K	-10.28M	-6.16M	-13.84M	-9.19M	-30.27M	-3.62M
CapEx % of Revenue	3.72%	-	-	138.78%	0.67%	0.29%	0.58%	0.53%	2.02%	0.29%
Acquisitions	0	0	0	1.31K	70.52M	0	0	0	0	0
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-384	0	0	-5.45M	24.45M	920K	1K	1K	176K	2.19M
Cash from Financing+	1.5M	13.68M	143.98M	3.7M	-49.69M	-1.73M	12.74M	1.55M	1.56M	-6.05M
Debt Issued (Net)	-2.59M	-3.63M	1.48M	12.75M	-49.69M	-1.73M	502K	172K	1.14M	-1.32M
Equity Issued (Net)	36.25K	1000K	0	-1000K	0	0	808K	-1000K	1000K	-1000K
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	0	-1.12M	1.49M	-45.13M	0	0	0	-1.51M	-774K	-3.5M
Other Financing	4.05M	0	0	36.09M	0	0	11.43M	2.89M	-774K	-1.34M
Net Change in Cash	-1.11M	10.18M	0	-6.33M	23.87M	77.2M	-53.42M	19.18M	-17.03M	-6.73M
Free Cash Flow+	-2.37M	-3.41M	-5.45M	-4.41M	-20.36M	78.36M	-67.13M	11.29M	-34.1M	-4.44M
FCF Margin %	-321.32%	-26.12%	-617.88%	-787.63%	-1.33%	3.71%	-2.82%	0.66%	-2.28%	-0.36%
FCF Growth %	-86.79%	-43.8%	-59.76%	19.15%	-362.11%	484.85%	-185.67%	116.82%	-402.07%	86.98%
FCF per Share	-0.16	-0.23	-0.31	-0.24	-1.12	4.26	-3.11	0.61	-1.80	-0.23
FCF Conversion (FCF/Net Income)	0.23x	0.29x	4.13x	0.41x	0.59x	2.78x	-1.47x	-0.36x	0.07x	0.02x
Interest Paid	0	0	0	0	2.63M	270K	268K	558K	1.26M	1.4M
Taxes Paid	0	0	0	0	4.7M	261K	6.37M	4.96M	342K	223K

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-87.8%	-90.84%	-40.94%	-124.88%	-1859.14%	48.22%	23.41%	-34.03%	-41.45%	-36.8%
Return on Invested Capital (ROIC)	-46.95%	-100.47%	-84.97%	-13.37%	-29.04%	64.39%	23.19%	-23.29%	-43.18%	-39.29%
Gross Margin	-25.6%	-31.52%	-87.75%	-109.46%	10.75%	12.94%	13.72%	12.59%	11.19%	9.78%
Net Margin	-1384.68%	-73.87%	-582.35%	-1592.82%	-1.11%	1.44%	1.53%	-3.34%	-3.94%	-3.51%
Debt / Equity	0.51x	-	0.14x	18.78x	-	0.44x	0.59x	0.62x	0.70x	0.69x
Interest Coverage	-43.49x	-22.55x	-	-10.64x	-1.29x	35.23x	54.76x	-72.32x	-27.97x	-54.15x
FCF Conversion	0.23x	0.29x	4.13x	0.41x	0.59x	2.78x	-1.47x	-0.36x	0.07x	0.02x
Revenue Growth	-73.35%	1669.25%	-93.25%	-36.58%	274116.37%	37.87%	12.36%	-27.6%	-12.98%	-17.46%

US Stock Screener

...

Newegg Commerce, Inc. (NEGG) 10-Year Financial Performance & Capital Metrics

NEGG •

Consumer CyclicalSpecialty RetailConsumer Electronics and Gaming Retail

Revenue $1.24B -17.5%
EBITDA -$41M +29.1%
Net Income -$43M +26.6%
EPS (Diluted) -2.25 +27.9%
Gross Margin 9.78% -12.7%
EBITDA Margin -3.31% +14.1%
Operating Margin -4.17% +12.1%
Net Margin -3.51% +11.0%
ROE -36.8% +11.2%
ROIC -39.29% +9.0%
Debt/Equity 0.69 -1.7%
Interest Coverage -54.15 -93.6%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Momentum leader: RS Rating 84 (top 16%)
✓Efficient asset utilization: 3.0x turnover

✗Weaknesses

✗Negative free cash flow
✗Low quality earnings: Net income not backed by cash flow
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y84.05%

5Y-4.23%

3Y-19.59%

TTM-5.65%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM58.7%

EPS CAGR

10Y-

5Y-

3Y-

TTM59.15%

ROCE

10Y Avg-33.36%

5Y Avg-10.3%

3Y Avg-26.85%

Latest-28.15%

Peer Comparison

Consumer Electronics and Gaming Retail

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
GMEGameStop Corp.	10.76B	24.03	72.82	-27.5%	11.08%	7.95%	1.2%	0.08
BBYBest Buy Co., Inc.	13.01B	61.97	14.48	-4.43%	1.54%	24.31%	10.7%	1.44
NEGGNewegg Commerce, Inc.	866.01B	44.46	-19.76	-17.46%	-1.72%	-19.77%		0.69
ODPThe ODP Corporation	843.3M	28.00	-326.72	-10.65%	-0.14%	-1.09%	3.79%	1.31

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	738.3K	13.06M	882.01K	559.39K	1.53B	2.11B	2.38B	1.72B	1.5B	1.24B
Revenue Growth %	-73.35%	1669.25%	-93.25%	-36.58%	274116.37%	37.87%	12.36%	-27.6%	-12.98%	-17.46%
Cost of Goods Sold+	927.29K	17.18M	1.66M	1.17M	1.37B	1.84B	2.05B	1.5B	1.33B	1.11B
COGS % of Revenue	125.6%	131.52%	187.75%	209.46%	89.25%	87.06%	86.28%	87.41%	88.81%	90.22%
Gross Profit+	-188.99K	-4.12M	-773.96K	-612.33K	164.87M	273.63M	325.98M	216.63M	167.56M	120.78M
Gross Margin %	-25.6%	-31.52%	-87.75%	-109.46%	10.75%	12.94%	13.72%	12.59%	11.19%	9.78%
Gross Profit Growth %	-119.09%	-2078.31%	81.2%	20.88%	27025.68%	65.96%	19.13%	-33.55%	-22.65%	-27.91%
Operating Expenses+	8.31M	4.96M	4.34M	5.37M	200.88M	250.24M	292.46M	266.16M	238.64M	172.04M
OpEx % of Revenue	1126.21%	37.98%	491.92%	959.39%	13.1%	11.83%	12.31%	15.47%	15.94%	13.92%
Selling, General & Admin	5.16M	3.92M	4.02M	5.06M	229.19M	250.24M	292.46M	266.16M	238.64M	172.3M
SG&A % of Revenue	699.13%	30%	455.53%	905.46%	14.94%	11.83%	12.31%	15.47%	15.94%	13.94%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	-1.23M	0	-170K	0	-28.31M	0	0	0	0	-264K
Operating Income+	-8.5M	-9.08M	-5.11M	-5.98M	-3.8M	23.39M	33.51M	-49.54M	-71.08M	-51.55M
Operating Margin %	-1151.81%	-69.49%	-579.67%	-1068.86%	-0.25%	1.11%	1.41%	-2.88%	-4.75%	-4.17%
Operating Income Growth %	-478.49%	-6.75%	43.68%	-16.94%	36.4%	715.14%	43.27%	-247.82%	-43.49%	27.48%
EBITDA+	-7.98M	-7.85M	-3.78M	-5.15M	6.91M	32.49M	44.31M	-38.52M	-57.65M	-40.85M
EBITDA Margin %	-1080.58%	-60.06%	-429.06%	-920.9%	0.45%	1.54%	1.86%	-2.24%	-3.85%	-3.31%
EBITDA Growth %	-564.83%	1.66%	51.76%	-36.12%	234.05%	370.49%	36.39%	-186.92%	-49.67%	29.14%
D&A (Non-Cash Add-back)	525.92K	1.23M	1.33M	827.63K	10.71M	9.1M	10.8M	11.02M	13.44M	10.7M
EBIT	-6.52M	-9.58M	-5.14M	-8.87M	-9.46M	29.83M	31.08M	-42.64M	-59.13M	-43.65M
Net Interest Income+	0	0	705K	0	-2.36M	460K	467K	479K	-193K	1.77M
Interest Income	0	0	705K	0	586K	1.12M	1.08M	1.16M	2.35M	2.72M
Interest Expense	195.55K	402.49K	0	561.97K	2.94M	664K	612K	685K	2.54M	952K
Other Income/Expense	212.42M	-627.34K	2.08M	11.11M	23.6M	8.98M	-3.04M	6.21M	9.41M	6.95M
Pretax Income+	-6.71M	-9.7M	-5.14M	-8.91M	-12.4M	32.37M	30.47M	-43.33M	-61.67M	-44.61M
Pretax Margin %	-908.96%	-74.3%	-582.35%	-1592.82%	-0.81%	1.53%	1.28%	-2.52%	-4.12%	-3.61%
Income Tax+	-11.98K	-95.03K	247K	1.58M	4.59M	1.94M	-5.79M	14.1M	-2.68M	-1.28M
Effective Tax Rate %	152.34%	99.43%	100%	100%	137%	94%	119.02%	132.54%	95.65%	97.13%
Net Income+	-10.22M	-9.65M	-5.14M	-8.91M	-16.99M	30.43M	36.26M	-57.43M	-58.99M	-43.33M
Net Margin %	-1384.68%	-73.87%	-582.35%	-1592.82%	-1.11%	1.44%	1.53%	-3.34%	-3.94%	-3.51%
Net Income Growth %	57.93%	5.61%	46.77%	-73.47%	-90.7%	279.07%	19.18%	-258.37%	-2.72%	26.55%
Net Income (Continuing)	-6.7M	-9.61M	-5.14M	-8.91M	-16.99M	30.43M	36.26M	-57.43M	-58.99M	-43.33M
Discontinued Operations	-3.66M	-168.57K	0	0	0	0	0	0	0	0
Minority Interest	867.83K	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-27.74	-7.41	-0.30	-0.48	-0.94	1.65	1.60	-3.08	-3.12	-2.25
EPS Growth %	68.55%	73.29%	95.95%	-60%	-95.83%	275.53%	-3.03%	-292.5%	-1.3%	27.88%
EPS (Basic)	-279.00	-7.41	-0.30	-0.76	-1.00	1.67	1.98	-3.08	-3.12	-2.25
Diluted Shares Outstanding	14.56M	14.56M	17.41M	18.67M	18.17M	18.41M	21.61M	18.66M	18.93M	19.29M
Basic Shares Outstanding	14.56M	14.56M	17.31M	11.72M	16.99M	18.41M	18.33M	18.66M	18.93M	19.29M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	6.87M	11.34M	9.83M	2.71M	1.68M	428.61M	438.96M	390.82M	344.45M	283.64M
Cash & Short-Term Investments	615.52K	10.79M	6.81M	477.31K	79.75M	156.63M	99.99M	122.56M	102.51M	99.74M
Cash Only	615.52K	10.79M	6.81M	477.31K	79.75M	156.63M	99.99M	122.56M	102.51M	99.74M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	54.25K	153.19K	257.04K	466.42K	54.19M	67.31M	63.68M	88.69M	83.61M	66.81M
Days Sales Outstanding	26.82	4.28	106.37	304.34	12.89	11.62	9.78	18.82	20.39	19.74
Inventory	5.44M	375.69K	2.6M	1.5M	109.51M	182.06M	245.08M	156.02M	136.16M	98.54M
Days Inventory Outstanding	2.14K	7.98	573.97	467.84	29.2	36.09	43.63	37.87	37.38	32.26
Other Current Assets	757.77K	14.44K	33.18K	267.78K	-255.97M	6.93M	12.27M	6.56M	8.74M	4.33M
Total Non-Current Assets+	7.01M	5.22M	5.73M	2.99M	656.84K	128.86M	187.62M	151.27M	154.6M	123.68M
Property, Plant & Equipment	1.75M	1.41M	531.47K	1.49M	656.84K	93.02M	144.73M	129.24M	138.63M	111.81M
Fixed Asset Turnover	0.42x	9.29x	1.66x	0.38x	2335.31x	22.73x	16.42x	13.31x	10.80x	11.05x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	4.45M	3.81M	3.7M	0	0	0	0	0	0	0
Long-Term Investments	0	0	1.5M	1.5M	21.46M	24.66M	15M	11.25M	2.25M	15.19M
Other Non-Current Assets	803.11K	0	0	0	-21.46M	10.51M	14.52M	9.92M	12.11M	-22.63M
Total Assets+	13.88M	16.55M	15.56M	5.7M	2.33M	557.47M	626.58M	542.1M	499.05M	407.32M
Asset Turnover	0.05x	0.79x	0.06x	0.10x	657.22x	3.79x	3.79x	3.17x	3.00x	3.03x
Asset Growth %	-34.68%	19.29%	-5.98%	-63.38%	-59.04%	23785.14%	12.4%	-13.48%	-7.94%	-18.38%
Total Current Liabilities+	6.41M	1.12M	2.68M	1.45M	256.12M	388.09M	356.31M	309.77M	296.54M	243.57M
Accounts Payable	20.87K	72.45K	47.89K	234.45K	226.22K	241.5M	220.78M	207.15M	206.59M	148.28M
Days Payables Outstanding	8.22	1.54	10.56	73.03	0.06	47.87	39.3	50.28	56.72	48.55
Short-Term Debt	3.72M	0	1.54M	0	1.21M	5.56M	6.47M	6.33M	7.6M	7.07M
Deferred Revenue (Current)	42.98K	106.52K	313.17K	232.56K	267.37K	47.4M	39.77M	31.03M	26.28M	27.66M
Other Current Liabilities	2.53M	802.3K	783.11K	597.96K	36.57M	12.64M	53.56M	37.53M	5.17M	40.93M
Current Ratio	1.07x	10.17x	3.67x	1.87x	0.01x	1.10x	1.23x	1.26x	1.16x	1.16x
Quick Ratio	0.22x	9.83x	2.70x	0.83x	-0.42x	0.64x	0.54x	0.76x	0.70x	0.76x
Cash Conversion Cycle	2.16K	10.72	669.78	699.15	42.03	-0.17	14.11	6.41	1.05	3.45
Total Non-Current Liabilities+	162.74K	1.5M	1.73M	1.13M	33.61M	41.88M	87.99M	77.11M	73.11M	57.66M
Long-Term Debt	0	0	0	15.42M	0	2.09M	1.84M	1.4M	1.11M	0
Capital Lease Obligations	0	0	0	0	30.64M	39.04M	84.31M	74.84M	68.13M	53.32M
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	162.74K	1.5M	1.73M	1.13M	741K	749K	1.84M	863K	3.88M	4.34M
Total Liabilities	6.57M	2.61M	4.41M	2.58M	3.62M	429.97M	444.3M	386.87M	369.65M	301.23M
Total Debt+	3.72M	0	1.54M	58.54M	39.5M	56.38M	107.23M	96.83M	90.56M	73M
Net Debt	3.1M	-10.79M	-5.27M	58.06M	1.19M	-100.25M	7.24M	-25.73M	-11.95M	-26.75M
Debt / Equity	0.51x	-	0.14x	18.78x	-	0.44x	0.59x	0.62x	0.70x	0.69x
Debt / EBITDA	-	-	-	-	5.72x	1.74x	2.42x	-	-	-
Net Debt / EBITDA	-	-	-	-	0.17x	-3.09x	0.16x	-	-	-
Interest Coverage	-43.49x	-22.55x	-	-10.64x	-1.29x	35.23x	54.76x	-72.32x	-27.97x	-54.15x
Total Equity+	7.31M	13.94M	11.15M	3.12M	-1.29M	127.5M	182.28M	155.22M	129.39M	106.09M
Equity Growth %	-54.27%	90.75%	-19.98%	-72.06%	-141.35%	9992.78%	42.97%	-14.85%	-16.64%	-18.01%
Book Value per Share	0.50	0.96	0.64	0.17	-0.07	6.93	8.43	8.32	6.84	5.50
Total Shareholders' Equity	6.44M	13.94M	11.15M	3.12M	-1.29M	127.5M	182.28M	155.22M	129.39M	106.09M
Common Stock	16.92M	47.28M	47.28M	48.63M	48.63M	7.94M	8.08M	8.23M	8.31M	8.51M
Retained Earnings	-16.38M	-26.11M	-31.25M	-63.98M	-80.97M	-50.54M	-14.28M	-71.71M	-130.7M	-174.03M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	2.99M	2.74M	3.12M	2.6B	2.44B	3.06M	6.06M	1.11M	194K	-2.3M
Minority Interest	867.83K	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-2.34M	-2.78M	-21.22M	-3.63M	-10.08M	84.51M	-53.29M	20.48M	-3.84M	-821K
Operating CF Margin %	-317.6%	-21.25%	-2405.75%	-648.85%	-0.66%	4%	-2.24%	1.19%	-0.26%	-0.07%
Operating CF Growth %	-156.64%	-18.35%	-664.61%	82.89%	-177.64%	938.66%	-163.05%	138.43%	-118.75%	78.61%
Net Income	-6.56M	-9.48M	-11.97M	-33.6M	-16.99M	30.43M	36.26M	-57.43M	-58.99M	-43.33M
Depreciation & Amortization	619.21M	1.23B	1.33M	827.63K	10.71M	9.09M	10.8M	11.02M	13.44M	10.7M
Stock-Based Compensation	1.06B	947.48M	4M	3.9M	744K	1.62M	6.29M	33.94M	33.66M	27.25M
Deferred Taxes	0	0	0	0	-1.01M	372K	-12.7M	12.5M	-679K	726K
Other Non-Cash Items	0	3.85M	5.56M	5.87M	-46.34M	8.55M	15.15M	10.22M	-3.02M	4.04M
Working Capital Changes	4.39M	1.63M	0	275.74K	42.81M	34.45M	-109.08M	10.23M	11.75M	-213K
Change in Receivables	1.62M	129.13K	-237.25K	5.83M	32.83M	-14.06M	785K	-21.97M	2.76M	14.47M
Change in Inventory	41.82K	2.41M	-2.15M	58.99M	110.14M	-76.24M	-70.83M	78.77M	16.78M	32.88M
Change in Payables	-24.91K	51.58K	-24.56K	186.56K	-100.73M	76.34M	-20.07M	-14.06M	-898K	-57.4M
Cash from Investing+	-27.86K	-634.02M	-55.11M	-6.23M	84.68M	-5.24M	-13.84M	-3.77M	-14.25M	2.44M
Capital Expenditures	-27.48K	0	0	-776.33K	-10.28M	-6.16M	-13.84M	-9.19M	-30.27M	-3.62M
CapEx % of Revenue	3.72%	-	-	138.78%	0.67%	0.29%	0.58%	0.53%	2.02%	0.29%
Acquisitions	0	0	0	1.31K	70.52M	0	0	0	0	0
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-384	0	0	-5.45M	24.45M	920K	1K	1K	176K	2.19M
Cash from Financing+	1.5M	13.68M	143.98M	3.7M	-49.69M	-1.73M	12.74M	1.55M	1.56M	-6.05M
Debt Issued (Net)	-2.59M	-3.63M	1.48M	12.75M	-49.69M	-1.73M	502K	172K	1.14M	-1.32M
Equity Issued (Net)	36.25K	1000K	0	-1000K	0	0	808K	-1000K	1000K	-1000K
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	0	-1.12M	1.49M	-45.13M	0	0	0	-1.51M	-774K	-3.5M
Other Financing	4.05M	0	0	36.09M	0	0	11.43M	2.89M	-774K	-1.34M
Net Change in Cash	-1.11M	10.18M	0	-6.33M	23.87M	77.2M	-53.42M	19.18M	-17.03M	-6.73M
Free Cash Flow+	-2.37M	-3.41M	-5.45M	-4.41M	-20.36M	78.36M	-67.13M	11.29M	-34.1M	-4.44M
FCF Margin %	-321.32%	-26.12%	-617.88%	-787.63%	-1.33%	3.71%	-2.82%	0.66%	-2.28%	-0.36%
FCF Growth %	-86.79%	-43.8%	-59.76%	19.15%	-362.11%	484.85%	-185.67%	116.82%	-402.07%	86.98%
FCF per Share	-0.16	-0.23	-0.31	-0.24	-1.12	4.26	-3.11	0.61	-1.80	-0.23
FCF Conversion (FCF/Net Income)	0.23x	0.29x	4.13x	0.41x	0.59x	2.78x	-1.47x	-0.36x	0.07x	0.02x
Interest Paid	0	0	0	0	2.63M	270K	268K	558K	1.26M	1.4M
Taxes Paid	0	0	0	0	4.7M	261K	6.37M	4.96M	342K	223K

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-87.8%	-90.84%	-40.94%	-124.88%	-1859.14%	48.22%	23.41%	-34.03%	-41.45%	-36.8%
Return on Invested Capital (ROIC)	-46.95%	-100.47%	-84.97%	-13.37%	-29.04%	64.39%	23.19%	-23.29%	-43.18%	-39.29%
Gross Margin	-25.6%	-31.52%	-87.75%	-109.46%	10.75%	12.94%	13.72%	12.59%	11.19%	9.78%
Net Margin	-1384.68%	-73.87%	-582.35%	-1592.82%	-1.11%	1.44%	1.53%	-3.34%	-3.94%	-3.51%
Debt / Equity	0.51x	-	0.14x	18.78x	-	0.44x	0.59x	0.62x	0.70x	0.69x
Interest Coverage	-43.49x	-22.55x	-	-10.64x	-1.29x	35.23x	54.76x	-72.32x	-27.97x	-54.15x
FCF Conversion	0.23x	0.29x	4.13x	0.41x	0.59x	2.78x	-1.47x	-0.36x	0.07x	0.02x
Revenue Growth	-73.35%	1669.25%	-93.25%	-36.58%	274116.37%	37.87%	12.36%	-27.6%	-12.98%	-17.46%

Newegg Commerce, Inc. (NEGG) 10-Year Financial Performance & Capital Metrics

Key Insights

✓Strengths

✗Weaknesses

Price & Volume

Growth Metrics

Revenue CAGR

Profit (Net Income) CAGR

EPS CAGR

ROCE

Peer Comparison

Compare NEGG vs Peers

vs BBY

vs GME

Compare Top 4

Profit & Loss

Balance Sheet

Cash Flow

Key Ratios

Deep Dive Analysis

Valuation Overview

Total Return Calculator

Dividend History

Earnings History

Price History

Revenue History

Financial Ratios

Newegg Commerce, Inc. (NEGG) 10-Year Financial Performance & Capital Metrics

Key Insights

✓Strengths

✗Weaknesses

Price & Volume

Growth Metrics

Revenue CAGR

Profit (Net Income) CAGR

EPS CAGR

ROCE

Peer Comparison

Compare NEGG vs Peers

vs BBY

vs GME

Compare Top 4

Profit & Loss

Balance Sheet

Cash Flow

Key Ratios

Deep Dive Analysis

Valuation Overview

Total Return Calculator

Dividend History

Earnings History

Price History

Revenue History

Financial Ratios