Newegg Commerce 경영진
경영진 기준 점검 2/4
현재 CEO에 대한 정보가 충분하지 않습니다.
핵심 정보
Anthony K. Chow
최고경영자
US$26.3m
총 보수
| CEO 급여 비율 | n/a |
| CEO 재임 기간 | less than a year |
| CEO 지분 보유율 | 0.4% |
| 경영진 평균 재임 기간 | 3.5yrs |
| 이사회 평균 재임 기간 | 3.5yrs |
최근 경영진 업데이트
Recent updates
Newegg Commerce, Inc.'s (NASDAQ:NEGG) 29% Share Price Plunge Could Signal Some Risk
The Newegg Commerce, Inc. ( NASDAQ:NEGG ) share price has softened a substantial 29% over the previous 30 days, handing...Newegg Commerce, Inc.'s (NASDAQ:NEGG) 54% Share Price Surge Not Quite Adding Up
Newegg Commerce, Inc. ( NASDAQ:NEGG ) shareholders would be excited to see that the share price has had a great month...Newegg Commerce, Inc.'s (NASDAQ:NEGG) 43% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
The Newegg Commerce, Inc. ( NASDAQ:NEGG ) share price has softened a substantial 43% over the previous 30 days, handing...Newegg Commerce, Inc. (NASDAQ:NEGG) Stock Rockets 160% As Investors Are Less Pessimistic Than Expected
Despite an already strong run, Newegg Commerce, Inc. ( NASDAQ:NEGG ) shares have been powering on, with a gain of 160...Risks Still Elevated At These Prices As Newegg Commerce, Inc. (NASDAQ:NEGG) Shares Dive 25%
To the annoyance of some shareholders, Newegg Commerce, Inc. ( NASDAQ:NEGG ) shares are down a considerable 25% in the...Is Newegg Commerce (NASDAQ:NEGG) Weighed On By Its Debt Load?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Newegg Commerce, Inc.'s (NASDAQ:NEGG) Shares Climb 50% But Its Business Is Yet to Catch Up
Newegg Commerce, Inc. ( NASDAQ:NEGG ) shareholders would be excited to see that the share price has had a great month...Newegg Commerce, Inc.'s (NASDAQ:NEGG) 27% Share Price Surge Not Quite Adding Up
Those holding Newegg Commerce, Inc. ( NASDAQ:NEGG ) shares would be relieved that the share price has rebounded 27% in...Is Newegg Commerce (NASDAQ:NEGG) Using Debt In A Risky Way?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Newegg Commerce, Inc.'s (NASDAQ:NEGG) 27% Price Boost Is Out Of Tune With Revenues
Despite an already strong run, Newegg Commerce, Inc. ( NASDAQ:NEGG ) shares have been powering on, with a gain of 27...Newegg Stock: Searching For A Bottom Following A Reset Of Expectations
Summary Shares of NEGG have been a disaster amid a sharp slowdown in demand for PC components and electronics. The company benefits from its segment leadership, with fundamentals supported by a strong balance sheet against ongoing industry headwinds. The potential that sales trends stabilize into 2023 as macro conditions improve keeps the stock interesting. Newegg Commerce Inc (NEGG) is a leading online retailer and marketplace platform for tech products. While capturing record growth during the pandemic, the stock has embodied the market selloff this year on the wrong side of the bust in several high-level themes. NEGG as a 2021 SPAC merger IPO is down by a catastrophic 90% from its high, pressured by everything from the chips shortage, weakness in PC sales, the slowdown in gaming, and even lower demand by remote workers returning to the office. The result has been disappointing sales, with a widening loss in recent quarters. We last covered NEGG one year ago with an article that frankly aged poorly given the performance, even as the initial bullish call captured some early upside. Our update today recaps recent developments, noting that the long-term outlook remains positive despite the near-term industry headwinds. Shares are likely to remain volatile, but NEGG is well-positioned to rebound in a scenario where macro conditions improve going forward. A strong balance sheet and metrics suggesting trends remain above pre-pandemic levels keep the stock interesting. Why Did NEGG Crash? The company last reported its first half 2022 financials on August 30th. While Newegg Commerce has its operating headquarters in California, the company is technically incorporated in the British Virgin Islands as a foreign stock. Year-to-date sales of $890.5 million are down 26% year-over-year. The gross margin of 12.4% is also down from 13.8% last year. Even with a -4% decline in SG&A as part of an effort to control expenses, a -$28.2 million loss from operations reversed a profit of $22.5 million in the period last year. Similarly, an EPS loss of -$0.05 compared to positive earnings of $0.05 per share in the first half of 2021. source: company IR Management notes that changes in consumer spending amid high inflation and macroeconomic conditions have been the main challenge. A large part of the business is in PC components and systems, particularly with high-performance parts like CPUs and GPUs required for gaming and media creation. Naturally, potential buyers getting squeezed by high prices in consumer staples, housing, and transportation translate into lower demand for electronics overall. source: company IR The data shows worldwide PC shipments fell by -15% in Q2 with forecasts for tepid annual growth through at least 2026. In this case, Newegg has seen not only lower volumes but also pricing pressures in key items based on a glut of inventory from vendors. With video cards, for example, there is even a connection with the crash in cryptocurrencies flooding the market with used GPUs. source: Canalys For Newegg, the company's growth momentum peaked back in the first half of 2020 during the early stages of the pandemic when buyers were stuck at home either gaming or building a home office. From 4.7 million active customers in 2020, that level pulled back to 3.5 million in 2021 along with an approximate 20% drop in total site visits. source: company IR While these metrics have not been updated for 2022, the latest financial trends indicate the weakness has persisted this year. Nevertheless, it's encouraging to see some trends still above 2019 pre-pandemic benchmarks. Q2 sales at $455 million were up 3% compared to the $431 million in Q2 2019. The number of repeat purchases from apparently loyal customers remains elevated while the average order value has also climbed on a three-year staked basis. Engagement initiatives among organic social media exposure and a high net promoter score, as a measure of customer satisfaction, have also been positive. In terms of guidance, management is targeting Q3 net sales between $359 and $383 million which, at the midpoint, represents a -33% decline from the period last year. The focus is on improving efficiency and driving profitability with a Q3 adjusted EBITDA target approaching breakeven between -$1.7 million to a positive $0.1 million. Newegg's balance sheet ended the quarter with $70.1 million in cash against less than $2 million in long-term financial debt. The understanding here is that even as conditions are expected to stay difficult through the end of the year with negative cash flows, the company's liquidity is stable for the foreseeable future. source: company IR What's Next For NEGG? The top-line weakness and impact on earnings explain much of the stock price selloff this year with shares of NEGG down 77% year to date. Conditions for IT products have simply evolved much weaker than imagined this time last year. On this point, it's important to recognize that Newegg is not alone in getting hit by the macro and industry headwinds. Everyone from large-cap chips leaders like Intel Corp (INTC), NVIDIA Corp (NVDA), and Advanced Micro Devices (AMD), along with specialty PC accessory makers like Logitech International SA (LOGI) and Turtle Beach Corp (HEAR) have all been crushed with a deep selloff in there stock prices. Newegg is a major distributor, and in some cases, the largest single direct customer to some of these companies against operating conditions beyond its control. Data by YCharts There is a case to be made that as supply chain disruptions ease into 2023, margins have room to rebound supporting a return to profitability. The company benefits from its deep industry relationships, a built-out logistics infrastructure, and brand recognition. The attraction here is the potential that NEGG outperforms to the upside just as fast as it lagged lower. Longer-term, growth opportunities include an expansion of its business-to-business platform and entry into new product categories. source: company IR As it relates to valuation, there's not much to go by considering the negative current income. Considering 2021 adjusted EBITDA of $51 million last year, the company's current enterprise value of approximately $860 million implies an EV to adjusted EBITDA level of 17x. The question becomes, how long will it take for Newegg to reclaim that profitability level, if ever? Still, any company that is generating more than $1.5 billion in annual sales with effectively zero debt has intrinsic value.Newegg Commerce reports 1H results
Newegg Commerce press release (NASDAQ:NEGG): 1H Net loss of $18.5M Revenue of $890.5M. Guidance: For the third quarter of the year, the company expect net sales of between $358.8 million and $383.3 million, gross profit of between $42.0 million and $45.0 million, net loss of between $10.1 million and $8.5 million and Adjusted EBITDA of between $(1.7) million and $0.1 million.” Shares -1.6% PM.Newegg: Revenue Growth Supported By GMV Growth
We determined that the company's revenue growth decline in 2018 and 2019 was mainly driven by its decline in active customers during the period from 4 mln to 3.2 mln. We believe this is attributable to factors including the tax crackdown on customers, credit card data breaches, and counterfeit goods which may affect future growth. However, we still projected the company's revenue growth at a 3-year forward average of 16.5% driven by rising AOV and as the company's NPS score improved. Newegg Commerce, Inc (NEGG) is a US e-commerce company that focuses on electronics. The company operates both B2B and B2C platforms. We analyzed the company as its revenue growth had declined by 24.2% from FY2018 to FY2019 to identify the reasons for this decline and determined if these factors could impact its future revenue growth. Revenue Recovering From 2019 Low Newegg 2017 2018 2019 2020 2021 Total visits ('mln') 263.3 261.6 262.20 382.20 305.10 Growth % -0.6% 0.2% 45.8% -20.2% Number of active customers ('mln') 4 3.9 3.2 4.7 3.5 Growth % -2.5% -17.9% 46.9% -25.5% Gross Merchandise Value (GMV) ($ bln) 2.5 2.4 1.9 2.7 3 Growth % -4.0% -20.8% 42.1% 11.1% GMV per active customer 625.00 615.38 593.75 574.47 857.14 Growth % -1.5% -3.5% -3.2% 49.2% Average Order Value ($) 286 299 310 301 442 Growth % 4.5% 3.7% -2.9% 46.8% Take Rate 86.32% 84.27% 80.73% 78.33% 79.21% Growth % -2.4% -4.2% -3.0% 1.1% Conversion rate 3.4% 3.2% 2.4% 2.4% 2.3% Revenue ($ mln) 2,158 2,022 1,534 2,115 2,376 Growth % -6.3% -24.2% 37.9% 12.4% Source: Newegg, Khaveen Investments We analyzed the company's customers based on the total visits, number of active customers, average order value and conversion rate to identify the reason for the revenue decline from 2018 to 2019. Based on the table above, the company's revenue and GMV had positive growth in the past two years (2020 and 2021) which was an improvement compared to its negative growth in 2018 and 2019. GMV is calculated from the total number of active customers & GMV per active customer. Moreover, the company's total visits grew in the past 5 years which is in contrast to its active customers which declined, indicating that the company is not able to capture visits and convert them to sales. This is also witnessed by its decreasing conversion rate from 3.4% in 2017 to 2.3% in 2021. Furthermore, in 2021, we believe that the revenue growth was mainly driven by the increase in AOV (46.8%) which drove the growth in GMV per active customer at 49.2%. Thus, based on our analysis, all metrics showed an increase from 2018 to 2019 except for the number of active customers and GMV. Hence, we believe that the reason for its revenue decline is due to the decline in its active customers resulting in its GMV decreasing. Long-term Revenue Growth Supported by AOV Growth Based on our point above, we determined the company revenue growth in 2018 and 2019 was affected driven by the decline in active customers. We examined the potential factors to explain the decline in active customers. Below are the events we believe that had contributed to the decline in active customers in 2018 and 2019: Tax Bills: In March 2018, Newegg customers in Connecticut were affected by the tax crackdown. Newegg had shared the past purchase records of its customers with the Department of Revenue Services ('DRS') which went after customers on the sales tax issue. Credit Card Hacking: In September 2018, for one month period, Newegg had a data breach involving customers' credit card info. Some customers' info may have been stolen and Newegg responded to the issue by sending emails to its customers. Counterfeited Goods: In April 2019, a study by the Government Accountability Office found that 40% of commonly counterfeited products were fake on websites including Amazon (AMZN), Sears, Walmart (WMT), eBay (EBAY) and Newegg We believe that all these events cumulatively affected consumer trust and affect the growth of Newegg's active customers in 2018 and 2019. However, we believe that the tax issue would not continue to affect the company's revenue growth as it was only in one state and is a one-off event. That said, we believe there could still be counterfeit goods reportedly sold on Newegg hence this may affect the company's future revenue and we could not find any measures Newegg had implemented to prevent future security breaches. Hence, we believe that these two events may happen again in the future and affect Newegg's revenue growth.Returns At Newegg Commerce (NASDAQ:NEGG) Are On The Way Up
There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...Newegg Commerce, Inc.'s (NASDAQ:NEGG) 39% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/E Ratio
Newegg Commerce, Inc. ( NASDAQ:NEGG ) shares have had a horrible month, losing 39% after a relatively good period...Newegg Stock Forecast: Where Is It Heading In 2022?
Newegg is best known in the U.S. for its retail site newegg.com. The company saw its stock price soar and crash last July, and it has continued to drop since then. This article assesses whether the stock price can reverse its descent.Newegg Commerce Inc.: Bullish With Several Tailwinds Driving Growth
Newegg has generated strong growth over the past year benefiting from a surge of demand for tech products during the pandemic. The stock has been extremely volatile since its June SPAC merger IPO while shares now look interesting on the selloff. We are bullish on NEGG as a category leader with solid fundamentals and a positive long-term outlook.Newegg: Avoid The New Listing Hype
Following a recent backdoor listing, Newegg Commerce has experienced significant gains that cannot be attributed to news or reason. Newegg Commerce Inc. is significantly overvalued based on fundamentals, peer comparisons and management estimates. Investors should avoid this stock as the price will plunge back to reality.CEO
Anthony K. Chow (59 yo)
Mr. Anthony K. Chow is the Chief Executive Officer of Newegg Commerce, Inc and serves as its Director from August 09, 2025 and served as its Director until April 01, 2024. In this role, he is responsible f...
리더십 팀
| 이름 | 직위 | 재임 기간 | 보수 | 지분 |
|---|---|---|---|---|
| CEO & Director | no data | US$26.30m | 0.42% $ 1.8m | |
| Founder & Director | 25.3yrs | US$300.83k | 20.47% $ 88.3m | |
| Interim Chief Financial Officer | 2yrs | 데이터 없음 | 0.017% $ 71.7k | |
| Chief Legal Officer | 3.6yrs | 데이터 없음 | 0.011% $ 49.1k | |
| Chief Information Security Officer | 3.4yrs | 데이터 없음 | 0.022% $ 93.0k |
경험이 풍부한 관리: NEGG의 경영진은 경험이 있음으로 간주됩니다(평균 재임 3.5 년).
이사회 구성원
| 이름 | 직위 | 재임 기간 | 보수 | 지분 |
|---|---|---|---|---|
| CEO & Director | less than a year | US$26.30m | 0.42% $ 1.8m | |
| Founder & Director | 5yrs | US$300.83k | 20.47% $ 88.3m | |
| Director | less than a year | 데이터 없음 | 데이터 없음 | |
| Board Advisor | less than a year | 데이터 없음 | 데이터 없음 | |
| Independent Director | 6.1yrs | 데이터 없음 | 데이터 없음 | |
| Chairman | 9.6yrs | 데이터 없음 | 0.014% $ 60.6k | |
| Independent Outside Director | 2.1yrs | 데이터 없음 | 데이터 없음 | |
| Independent Director | 5yrs | 데이터 없음 | 데이터 없음 |
경험이 풍부한 이사회: NEGG의 이사회는 경험이 있음으로 간주됩니다(평균 재임 3.5 년).
기업 분석 및 재무 데이터 상태
| 데이터 | 최종 업데이트 (UTC 시간) |
|---|---|
| 기업 분석 | 2026/05/21 10:08 |
| 종가 | 2026/05/21 00:00 |
| 수익 | 2025/12/31 |
| 연간 수익 | 2025/12/31 |
데이터 소스
당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.
| 패키지 | 데이터 | 기간 | 미국 소스 예시 * |
|---|---|---|---|
| 기업 재무제표 | 10년 |
| |
| 분석가 컨센서스 추정치 | +3년 |
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| 시장 가격 | 30년 |
| |
| 지분 구조 | 10년 |
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| 경영진 | 10년 |
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| 주요 개발 | 10년 |
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* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.
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산업 및 섹터 지표
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분석가 소스
Newegg Commerce, Inc.는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
| 분석가 | 기관 |
|---|---|
| Michael Kupinski | NOBLE Capital Markets, Inc. |