This company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsPARTS iD (IDIC.Q) 주식 개요PARTS iD, Inc., a digital commerce company, primarily sells automotive parts and accessories through its proprietary platforms. 자세히 보기IDIC.Q 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장0/6과거 실적0/6재무 건전성2/6배당0/6위험 분석마이너스 주주 지분지난 3개월 동안 주가 변동성이 US 시장과 비교했을 때 매우 높았습니다.지난 5년간 매년 수익이 44.7% 감소했습니다.의미 있는 시가총액이 없습니다($86K)+ 위험 1건 추가모든 위험 점검 보기IDIC.Q Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueUS$Current PriceUS$0.00299.2% 저평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-23m435m2016201920222025202620282031Revenue US$83.8mEarnings US$3.6mAdvancedSet Fair ValueView all narrativesPARTS iD, Inc. 경쟁사Auto Parts 4Less GroupSymbol: OTCPK:FLESMarket cap: US$20.5kKaixin HoldingsSymbol: NasdaqCM:KXINMarket cap: US$9.9mCXJ GroupSymbol: OTCPK:ECXJMarket cap: US$81.8mMaison LuxeSymbol: OTCPK:MASNMarket cap: US$303.1k가격 이력 및 성과PARTS iD 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가US$0.00252주 최고가US$0.6552주 최저가US$0.0015베타-0.411개월 변동-41.18%3개월 변동-97.60%1년 변동-99.57%3년 변동-99.97%5년 변동-99.98%IPO 이후 변동-99.98%최근 뉴스 및 업데이트공시 • Mar 08PARTS iD, Inc. announced that it has received $35 million in funding from Fifth Star FundsPARTS iD, Inc. announced that it has raised $35 million in a round of funding from new investor Fifth Star Funds on March 7, 2024. The company has issued common shares in the transaction. Fifth Star Funds has acquired majority stake in the transaction.공시 • Feb 29PARTS iD Files Form 15PARTS iD, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Class A Common Stock under the Securities Exchange Act of 1934, as amended. The par value of the company's Class A Common Stock was $0.0001 per share.공시 • Jan 19PARTS iD, Inc.(OTCPK:IDIC.Q) dropped from S&P TMI IndexPARTS iD, Inc.(OTCPK:IDIC.Q) dropped from S&P TMI Index공시 • Dec 28PARTS iD, Inc. Filed for BankruptcyPARTS iD, Inc., along with its affiliate, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of Delaware on December 26, 2023. The debtor listed its assets in the range of $10 million to $50 million and liabilities in the range of $50 million to $100 million. The debtor is represented by R. Craig Martin of DLA Piper LLP (US) as its legal counsel. Kroll Restructuring Administration LLC is appointed as claims and noticing agent.공시 • Dec 26Motion for Joint Administration Filed by PARTS iD, Inc.PARTS iD, Inc., along with its affiliate, filed a motion for joint administration of their Chapter 11 bankruptcy cases in the US Bankruptcy Court on December 26, 2023. As per the motion, the debtor seeks the joint administration of the cases of its affiliate, PARTS iD, LLC, with its own case for administrative and procedural purposes. PARTS iD, Inc. has been proposed as the lead debtor.공시 • Nov 29+ 1 more updatePARTS iD Receives Notice of Non-compliance from NYSE AmericanPARTS iD, Inc. announced that it has received written notice (the “Notice”) from the NYSE American LLC (the “NYSE American”) indicating that the Company is not in compliance with the NYSE American’s continued listing standards because the Company did not timely file its Quarterly Report on Form 10-Q for the quarter September 30, 2023 (the “Form 10-Q”), which was due on November 20, 2023. In accordance with Section 1007 of the NYSE American Company Guide, the Company will have six months from the date of the Notice (the “Initial Cure Period”), to file the Form 10-Q with the Securities and Exchange Commission (the “SEC”). If the Company fails to file the Form 10-Q during the Initial Cure Period, the NYSE American may, in its sole discretion, provide an additional six-month cure period (the “Additional Cure Period”). The Company can regain compliance with the NYSE American’s continued listing standards at any time during the Initial Cure Period or Additional Cure Period, as applicable, by filing the Form 10-Q and any subsequent delayed filings with the SEC. Reference is made to the Notification of Late Filing on Form 12b-25 filed by the Company with the SEC on November 14, 2023 (the “Form 12b-25”) reporting that it required additional time to complete the Form 10-Q. Although the Company has dedicated significant resources to the completion of finalizing its consolidated financial statements and related disclosures for inclusion in the Form 10-Q, the Company was unable to file the Form 10-Q by November 20, 2023, the extension period provided by the Form 12b-25. Additional time is needed by the Company to complete its review of the financial statements included in the Form 10-Q in order to ensure a complete, accurate Form 10-Q. The Company intends to file the Form 10-Q as soon as practicable and in any event within the above-referenced six-month period. The Notice has no immediate effect on the listing of the Company’s securities on the NYSE American. There can be no assurance, however, that the Company will be able to regain compliance with the listing standards discussed above.더 많은 업데이트 보기Recent updates공시 • Mar 08PARTS iD, Inc. announced that it has received $35 million in funding from Fifth Star FundsPARTS iD, Inc. announced that it has raised $35 million in a round of funding from new investor Fifth Star Funds on March 7, 2024. The company has issued common shares in the transaction. Fifth Star Funds has acquired majority stake in the transaction.공시 • Feb 29PARTS iD Files Form 15PARTS iD, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Class A Common Stock under the Securities Exchange Act of 1934, as amended. The par value of the company's Class A Common Stock was $0.0001 per share.공시 • Jan 19PARTS iD, Inc.(OTCPK:IDIC.Q) dropped from S&P TMI IndexPARTS iD, Inc.(OTCPK:IDIC.Q) dropped from S&P TMI Index공시 • Dec 28PARTS iD, Inc. Filed for BankruptcyPARTS iD, Inc., along with its affiliate, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of Delaware on December 26, 2023. The debtor listed its assets in the range of $10 million to $50 million and liabilities in the range of $50 million to $100 million. The debtor is represented by R. Craig Martin of DLA Piper LLP (US) as its legal counsel. Kroll Restructuring Administration LLC is appointed as claims and noticing agent.공시 • Dec 26Motion for Joint Administration Filed by PARTS iD, Inc.PARTS iD, Inc., along with its affiliate, filed a motion for joint administration of their Chapter 11 bankruptcy cases in the US Bankruptcy Court on December 26, 2023. As per the motion, the debtor seeks the joint administration of the cases of its affiliate, PARTS iD, LLC, with its own case for administrative and procedural purposes. PARTS iD, Inc. has been proposed as the lead debtor.공시 • Nov 29+ 1 more updatePARTS iD Receives Notice of Non-compliance from NYSE AmericanPARTS iD, Inc. announced that it has received written notice (the “Notice”) from the NYSE American LLC (the “NYSE American”) indicating that the Company is not in compliance with the NYSE American’s continued listing standards because the Company did not timely file its Quarterly Report on Form 10-Q for the quarter September 30, 2023 (the “Form 10-Q”), which was due on November 20, 2023. In accordance with Section 1007 of the NYSE American Company Guide, the Company will have six months from the date of the Notice (the “Initial Cure Period”), to file the Form 10-Q with the Securities and Exchange Commission (the “SEC”). If the Company fails to file the Form 10-Q during the Initial Cure Period, the NYSE American may, in its sole discretion, provide an additional six-month cure period (the “Additional Cure Period”). The Company can regain compliance with the NYSE American’s continued listing standards at any time during the Initial Cure Period or Additional Cure Period, as applicable, by filing the Form 10-Q and any subsequent delayed filings with the SEC. Reference is made to the Notification of Late Filing on Form 12b-25 filed by the Company with the SEC on November 14, 2023 (the “Form 12b-25”) reporting that it required additional time to complete the Form 10-Q. Although the Company has dedicated significant resources to the completion of finalizing its consolidated financial statements and related disclosures for inclusion in the Form 10-Q, the Company was unable to file the Form 10-Q by November 20, 2023, the extension period provided by the Form 12b-25. Additional time is needed by the Company to complete its review of the financial statements included in the Form 10-Q in order to ensure a complete, accurate Form 10-Q. The Company intends to file the Form 10-Q as soon as practicable and in any event within the above-referenced six-month period. The Notice has no immediate effect on the listing of the Company’s securities on the NYSE American. There can be no assurance, however, that the Company will be able to regain compliance with the listing standards discussed above.공시 • Nov 15PARTS iD, Inc. announced delayed 10-Q filingOn 11/14/2023, PARTS iD, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.공시 • Nov 04Parts iD Receives Non-Compliance Notice from NYSE AmericanPARTS iD, Inc. announced that it has received written notice (the ‘Notice’) from the NYSE American LLC (the ‘NYSE American’) stating that it is not in compliance with the continued listing standard set forth in Section 1003(f)(v) of the NYSE American Company Guide (the ‘Company Guide’) because the Company’s common stock was selling for a substantial period of time at a low price per share. The Notice stated that the Company’s continued listing is predicated on it effecting a reverse stock split of its common stock or otherwise demonstrating sustained price improvement within a reasonable period of time, which NYSE American has determined to be no later than April 27, 2024. However, NYSE American may take an accelerated delisting action that would pre-empt the cure period in the event that the common stock trades at a level viewed to be abnormally low. As previously reported, on May 23, 2023, the Company received notification (the ‘Letter’) from the NYSE American that it was not in compliance with the continued listing standards set forth in the NYSE American Company Guide (the ‘Company Guide’). Specifically, the Letter indicated that the Company was not in compliance with Sections 1003(a)(i) and 1003(a)(ii) of the Company Guide, requiring a listed company to have stockholders' equity of (i) at least $2.0 million if it has reported losses from continuing operations or net losses in two of its three most recent fiscal years and (ii) at least $4.0 million if it has reported losses from continuing operations or net losses in three of its four most recent fiscal years. The Company submitted a plan of compliance to the Exchange on June 22, 2023 addressing how the Company intends to regain compliance with these requirements by November 23, 2024. On August 8, 2023, the Company received notice from the NYSE American that it had accepted the Company's plan and granted a plan period through November 23, 2024 to regain compliance with the continued listing standards. If the Company is not in compliance with the continued listing standards by that date or if the Company does not make progress consistent with the Plan during the plan period, the Exchange may commence delisting procedures. The Company’s common stock will continue to be listed on the NYSE American while the Company evaluates its various alternatives. The Company will also continue to be included in the list of NYSE American noncompliant issuers, and the below compliance (‘.BC’) indicator will continue to be disseminated with the Company’s ticker symbol(s). The Company’s receipt of the Notice from the NYSE American does not affect the Company’s business, operations or reporting requirements with the U.S. Securities and Exchange Commission.공시 • Oct 12+ 1 more updatePARTS iD, Inc. Announces Resignation of James Doss as CFO, Effective November 20, 2023On October 4, 2023, James Doss, PARTS iD, Inc.'s Chief Financial Officer (CFO") notified the Company that he will be resigning as the CFO and principal financial officer of the Company for personal reasons, effective November 20, 2023. The Company has initiated the process of identifying a qualified individual to assume the role of CFO and is actively seeking a suitable candidate to fill the vacancy.공시 • Aug 17+ 1 more updatePARTS iD, Inc. announced delayed 10-Q filingOn 08/15/2023, PARTS iD, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.Reported Earnings • Aug 16Second quarter 2023 earnings released: US$0.12 loss per share (vs US$0.026 loss in 2Q 2022)Second quarter 2023 results: US$0.12 loss per share (further deteriorated from US$0.026 loss in 2Q 2022). Revenue: US$16.1m (down 85% from 2Q 2022). Net loss: US$4.01m (loss widened 346% from 2Q 2022).공시 • Jun 21PARTS iD, Inc. announced that it has received $0.25 million in fundingPARTS iD, Inc announced that it has entered into a Note and Warrant Purchase Agreement whereby the Company agreed to issue and sell to an investor in a private placement 7.75% unsecured convertible promissory note in the aggregate principal amount of $250,000 on June 20, 2023. The company also issued warrants to purchase an aggregate of 694,444 shares of the Company’s Class A common stock at an exercise price of $0.36 per share. The Convertible Note accrues interest at 7.75% per annum, compounded semi-annually. The Convertible Note matures on June 14, 2025. Effective on the Maturity Date, if the Convertible Notes has not otherwise been repaid by the Company in accordance with the terms and conditions set forth therein, then at the option of the Purchaser, the outstanding balance of the Convertible Note (including any accrued but unpaid interest thereon) (the “Note Amount”) shall convert into that number of fully paid and nonassessable shares of the Company’s Common Stock at a conversion price equal to the respective Note Amount (as defined in the Convertible Note) divided by the Conversion Price. The Company may prepay the Note Amount at any time prior to the Maturity Date. The Warrant will expire after 5 years from the date of issuance and may not be exercised on a cashless basis. The Warrant provides that the holder will not have the right to exercise any portion of the Warrant, if the holder, together with its affiliates, and any other party whose holdings would be aggregated with those of the holder for purposes of Section 13(d) or Section 16 of the Exchange Act would beneficially own in excess of 4.99%, of the number of shares of the Company’s Common Stock outstanding immediately after giving effect to such exercise; provided, however, that the holder may increase or decrease the Beneficial Ownership Limitation by giving notice to the Company, with any such increase not taking effect until the sixty-first day after such notice is delivered to the Company but not to any percentage in excess of 9.99%; provided that the holder of the Warrant that beneficially owns in excess of 19.99% of the number of shares of the Common Stock outstanding on the issuance date of the Warrant shall not be subject to the Beneficial Ownership Limitation. The foregoing description is only a summary of the terms of the Purchase Agreement, Convertible Note and Warrant and it is qualified in its entirety by reference to the full text of the Purchase Agreement, Convertible Note and Warrant, copies of which are filed hereto as Exhibits 10.1, 10.2 and 10.3, respectively, and incorporated herein by reference. The Company intends to use the proceeds from the issuance of the Convertible Note and the Warrant for working capital purposes and the repayment of current indebtedness. The Convertible Note and the Warrant were issued by the Company in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and have not been registered under the Securities Act.공시 • Jun 02PARTS iD, Inc., Annual General Meeting, Jul 11, 2023PARTS iD, Inc., Annual General Meeting, Jul 11, 2023, at 10:00 US Eastern Standard Time. Agenda: To elect three persons to serve as Class II directors for a two-year term expiring at the 2025 Annual Meeting of Stockholders; to ratify the appointment of WithumSmith+Brown, PC as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023; to approve, by non-binding advisory vote, the compensation of our named executive officers; to approve, by non-binding advisory vote, the frequency of future votes on the compensation of our named executive officers; to approve an amendment and restatement of our 2020 Equity Incentive Plan (the 2020 Plan) to increase the number of shares of the Companys ClassA common stock (the Common Stock) authorized for issuance thereunder from 4,904,596 shares to 9,904,596 shares; and to transact such other business as may properly come before the Annual Meeting or any adjournment thereof.공시 • May 29PARTS iD Receives Deficiency Letter from NYSE American Due to Non-Compliance with Certain of the Exchange’s Continued Listing Standards as Set Forth in Section 1003(a)(i) and (ii)On May 23, 2023, Parts iD, Inc. received a letter (the ‘Deficiency Letter’) from the staff of the NYSE American (the ‘Exchange’) indicating that the Company does not meet certain of the Exchange’s continued listing standards as set forth in Section 1003(a)(i) and (ii) of the Exchange Company Guide in that the Company has stockholders’ equity of less than $2,000,000 and have incurred losses from continuing operations and/or net losses during two out of three of the Company’s most recent fiscal years, and that the Company has stockholders’ equity of less than $4,000,000 and have incurred losses from continuing operations and/or net losses during three out of four of the Company’s most recent fiscal years. Pursuant to Section 1009 of the Exchange Company Guide and as provided in the Deficiency Letter, the Company may provide the Exchange staff with a plan (the ‘Plan’) by June 22, 2023 advising the Exchange staff of actions the Company has taken and will take that would bring the Company into compliance with the Exchange’s continued listing standards by November 23, 2024. The Company intends to submit a Plan by the June 22, 2023 deadline. There is no assurance that the Exchange staff will accept the Plan. If the Exchange staff accepts the Plan, the Exchange staff will review the Company’s compliance with the Plan on a quarterly basis and if the Company does not show progress consistent with the Plan or is not in compliance with the Exchange’s continued listing standards by November 23, 2024, the Exchange will commence delisting procedures. If the Company does not submit the Plan or if the Exchange staff does not accept the Plan, the Exchange staff will promptly initiate delisting proceedings. The Company is committed to undertaking a transaction or transactions in the future to achieve compliance with the Exchange’s requirements. There can be no assurance that the Company will be able to achieve compliance with the Exchange’s continued listing standards within the required time frame. The Deficiency Letter has no immediate impact on the listing of the Company’s shares of Class A common stock, par value $0.0001 per share (the ‘Common Stock’), which will continue to be listed and traded on the Exchange during this period, subject to the Company’s compliance with the other listing requirements of the Exchange. The Common Stock will continue to trade under the symbol ‘ID’, but will have an added designation of ‘.BC’ to indicate the status of the Common Stock as ‘below compliance’. The Deficiency Letter does not affect the Company’s ongoing business operations or its reporting requirements with the Securities and Exchange Commission. If the Common Stock ultimately were to be delisted for any reason, it could negatively impact the Company by (i) reducing the liquidity and market price of the Company’s Common Stock; (ii) reducing the number of investors willing to hold or acquire the Common Stock, which could negatively impact the Company’s ability to raise equity financing; (iii) limiting the Company’s ability to use a registration statement to offer and sell freely tradable securities, thereby preventing the Company from accessing the public capital markets; and (iv) impairing the Company’s ability to provide equity incentives to its employees.공시 • May 13PARTS iD, Inc. announced delayed 10-Q filingOn 05/12/2023, PARTS iD, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.Reported Earnings • Apr 18Full year 2022 earnings released: US$0.53 loss per share (vs US$0.24 loss in FY 2021)Full year 2022 results: US$0.53 loss per share (further deteriorated from US$0.24 loss in FY 2021). Revenue: US$340.6m (down 24% from FY 2021). Net loss: US$17.9m (loss widened 125% from FY 2021). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Specialty Retail industry in the US.공시 • Feb 09PARTS iD, Inc. Announces Board ChangesOn February 6, 2023, Richard White notified Parts iD, Inc. of his resignation from the company's Board of Directors, effective immediately. Mr. White's decision to resign from the Board is solely for personal reasons and is not the result of any disagreement with the company with respect to any matter relating to the company's operations, policies or practices, or any disagreements in respect of accounting principles, financial statement disclosure, or any issue impacting the Audit Committee of the Board (the committee on which he served). Rahul Petkar, a current independent director, was appointed as a member of the company's Audit Committee in replacement of Mr. White.공시 • Dec 07PARTS iD, Inc. Announces CFO TransitionPARTS iD, Inc. announced the appointment of James Doss as its Chief Financial Officer effective January 1, 2023. Doss will assume the role following the retirement of current Chief Financial Officer Kailas Agrawal at the end of this year. Most recently, Doss served as Chief Financial Officer at Indyme Solutions, LLC, a leading software and tech services provider of customer engagement and active loss prevention systems, where he oversaw financial reporting, budgeting, general accounting, credit and collateral, and corporate finance. Prior to his time at Indyme, Doss served as Chief Financial Officer at RF Industries, LTD. Earlier in his career, Doss held several progressively senior finance roles across a number of organizations, leading to improved financial performance, heightened productivity and enhanced internal controls. Doss earned a Bachelor of Science and a Master of Business Administration from San Diego State University.Price Target Changed • Nov 16Price target decreased to US$2.33Down from US$2.67, the current price target is an average from 3 analysts. New target price is 63% above last closing price of US$1.43. Stock is down 54% over the past year. The company is forecast to post a net loss per share of US$0.36 next year compared to a net loss per share of US$0.24 last year.공시 • Nov 03PARTS iD, Inc. to Report Q3, 2022 Results on Nov 09, 2022PARTS iD, Inc. announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Nov 09, 2022공시 • Sep 30Lev Peker Joins the PARTS iD, Inc. Board of Directors, Effective September 28, 2022PARTS iD, Inc. announced the appointment of Lev Peker to its board of directors effective September 28, 2022. Mr. Peker served as Chief Executive Officer of CarParts.com, an e-commerce provider of automotive parts and accessories from 2019 to 2022. During his tenure, he returned the business to growth and delivered the highest annual profitability in the history of CarParts.com. In April 2022, Mr. Peker was appointed Chief Executive Officer of Carlotz, Inc., a leading consignment-to-retail used vehicle marketplace. Earlier in his career, he served as Chief Marketing Officer at Adorama, a leading electronics retailer and also held senior positions at Sears Holdings Corporation and US Auto Parts. Mr. Peker, who will serve as chairperson of the audit committee, replaces Ann Schwister who stepped down from the board for personal reasons.Major Estimate Revision • Aug 15Consensus EPS estimates fall by 56%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from US$416.6m to US$380.0m. Losses expected to increase from US$0.17 per share to US$0.26. Online Retail industry in the US expected to see average net income growth of 5.9% next year. Consensus price target down from US$3.33 to US$2.67. Share price rose 42% to US$1.80 over the past week.Reported Earnings • Aug 10Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatSecond quarter 2022 results: US$0.026 loss per share (down from US$0.019 profit in 2Q 2021). Revenue: US$104.3m (down 20% from 2Q 2021). Net loss: US$899.7k (down 244% from profit in 2Q 2021). Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is expected to shrink by 5.4% compared to a 15% growth forecast for the industry in the US.공시 • Aug 02PARTS iD, Inc. to Report Q2, 2022 Results on Aug 08, 2022PARTS iD, Inc. announced that they will report Q2, 2022 results After-Market on Aug 08, 2022공시 • Jul 28PARTS iD, Inc. Launches Exclusive ARC Moto Gear Motorcycle Clothing LinePARTS iD, Inc. announced the launch of its company-exclusive “ARC Moto Gear” brand of clothing. Riders can choose from a complete line of jackets, pants, boots, and gloves, in sizes and styles for the most discriminating buyer. MOTORCYCLEiD.com knows You Are What You Ride™, and the need for appropriate clothing is critical to maximizing both safety and the riding experience. Smart riders know that even on the warmest days, t-shirts, shorts, and sandals are not going to help should there be an unwanted “event.” Seasoned motorcyclists invest in a full suit of protective clothing and will replace items as they wear out. The ARC Moto Gear clothing line, only at MOTORCYCLEiD.com, offers a combination of protection, style, and comfort at prices which makes the value proposition to the consumer unrivaled among its competitors. Jackets are available in traditional leather along with lighter textile designs and mesh fabric choices which promote greater airflow for hot-weather riding. Bike pants can be purchased in traditional and jeans fabrics. Footwear runs the gamut from riding “sneakers” to short and tall boots, providing a wide range of foot and ankle support. Riding gloves are manufactured in several material choices, including leather, textile, and mesh, all with the proper padding for grip and protection. Color choices allow the rider to mix-and-match among these items, with sizes ranging from small through 2X-large, so everyone is sure to find the right fit.공시 • Jun 24Ajay Roy Resigns as Chief Operating Officer of PARTS iD, IncOn June 23, 2022, PARTS ID, Inc. and Ajay Roy, Chief Operating Officer of the Company, entered into a Separation and General Release Agreement (the “Agreement”), pursuant to which Mr. Roy resigned from employment effective as of June 16, 2022.Reported Earnings • May 12First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: US$0.12 loss per share (down from US$0.02 loss in 1Q 2021). Revenue: US$94.9m (down 13% from 1Q 2021). Net loss: US$3.95m (loss widened US$3.31m from 1Q 2021). Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 7.7%, compared to a 15% growth forecast for the industry in the US.공시 • May 04PARTS iD, Inc. to Report Q1, 2022 Results on May 10, 2022PARTS iD, Inc. announced that they will report Q1, 2022 results After-Market on May 10, 2022공시 • May 02PARTS iD, Inc., Annual General Meeting, Jun 14, 2022PARTS iD, Inc., Annual General Meeting, Jun 14, 2022, at 10:00 US Eastern Standard Time. Agenda: To consider To elect three persons to serve as Class I directors for a two-year term expiring at the 2024 Annual Meeting of Stockholders; and to ratify the appointment of WithumSmith+Brown, PC as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2022.Price Target Changed • Apr 27Price target decreased to US$4.25Down from US$5.25, the current price target is an average from 2 analysts. New target price is 117% above last closing price of US$1.96. Stock is down 75% over the past year. The company is forecast to post a net loss per share of US$0.13 next year compared to a net loss per share of US$0.24 last year.Major Estimate Revision • Mar 21Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 expected loss increased from -US$0.11 to -US$0.13 per share. Revenue forecast unchanged at US$480.3m. Online Retail industry in the US expected to see average net income decline 6.6% next year. Consensus price target down from US$5.25 to US$4.25. Share price rose 11% to US$2.05 over the past week.Reported Earnings • Mar 17Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: US$0.24 loss per share (up from US$0.52 loss in FY 2020). Revenue: US$448.7m (up 12% from FY 2020). Net loss: US$7.96m (loss narrowed 40% from FY 2020). Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 9.1%. Over the next year, revenue is forecast to grow 7.0%, compared to a 17% growth forecast for the retail industry in the US.Breakeven Date Change • Mar 09Forecast breakeven date pushed back to 2023The 2 analysts covering PARTS iD previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 48% per year to 2022. The company is expected to make a profit of US$3.10m in 2023. Average annual earnings growth of 60% is required to achieve expected profit on schedule.공시 • Feb 25PARTS iD, Inc. Optimizes Customer Experience with Expanded ‘Shop by Service Type’ FunctionalityPARTS iD, Inc. announced it has surpassed 500 repair classifications within its Shop By Service Type search functionality. The feature allows customers to select a specific replacement part, while the platform searches through more than 16.7 million product SKUs to deliver a thorough list of the exact products needed to complete the task. Shop By Service Type is built directly into PARTS iD’s proprietary site infrastructure, creating a unique and frictionless customer interface that many competing e-commerce, hybrid or brick-and-mortar businesses do not currently offer. The outstanding feature is that the customer chooses the primary replacement item (for example, brake pads), and the website delivers a wide choice of results while also showing complimentary or optional items frequently needed (brake rotors, brake fluid, and even special brake tools). The benefit is that the customer can order all supplemental products at the same time, rather than later discovering that a necessary component is missing. All products found via Shop by Service Type are guaranteed to fit the vehicle, based on the year, make and model as entered by the customer. The current Shop by Service Type collection includes major systems such as brakes, cooling, ignition, and suspension, which are broken down into detailed component lists such as brake calipers, radiators, spark plugs, and shock absorbers. The feature’s functionality and scalability are made possible by way of the platform’s robust fitment data, which encompasses over 14 billion unique product and vehicle data points. Like other features found across PARTS iD’s stores, Shop By Service Type prioritizes the delivery of an informative, intuitive and confident shopping journey. PARTS iD’s proven commitment to innovation and first-class customer service was recently validated by the Company’s 2021 industry-leading Net Promoter Scores. With new and used car prices maintaining record levels at the start of 2022, many drivers who are delaying new car purchases are expected to seek repair and replacement services to maintain their existing vehicles. The extensive collection of parts replacement items available to customers through Shop by Service Type and the platform’s industry-leading vehicle fitment data make PARTS iD well-positioned to capture this market.Recent Insider Transactions • Dec 13Independent Director recently bought US$120k worth of stockOn the 6th of December, Edwin Rigaud bought around 56k shares on-market at roughly US$2.12 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold US$52k more in shares than they bought in the last 12 months.공시 • Dec 01PARTS iD, Inc. Launches EV Specialty Shop on its Retail Site CARiD.comPARTS iD, Inc. announced the launch of an EV Specialty Shop on its retail site CARiD.com. Creating a dedicated destination for EV parts and accessories is a key milestone in the company’s efforts to penetrate the growing EV market and its broader mission to offer a one-stop shop for all automotive shoppers. The Specialty Shop includes EV-specific accessories such as charging equipment, mechanical repair, maintenance and electrical parts as well as popular accessories in vehicle customization categories such as body kits, performance suspension systems and custom wheels and tires. The EV Shop’s wide selection is compatible with many of the EV models on the market including Tesla Models 3, S, X, and Y, the Nissan Leaf, Ford Mustang Mach-E, Chevy Bolt EV, Polestar 1 and 2, Hyundai Ioniq and Kona, Audi e-tron, Porsche Taycan and more. Using the company’s robust fitment data, EV shoppers can browse with confidence, inputting their vehicle’s make, model and year to identify the correct parts and have them delivered right to their door.Reported Earnings • Nov 11Third quarter 2021 earnings released: US$0.10 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: US$102.6m (down 17% from 3Q 2020). Net loss: US$3.34m (down 172% from profit in 3Q 2020).Breakeven Date Change • Aug 12Forecast breakeven pushed back to 2022The 2 analysts covering PARTS iD previously expected the company to break even in 2021. New consensus forecast suggests losses will reduce by 92% to 2021. The company is expected to make a profit of US$5.80m in 2022. Average annual earnings growth of 61% is required to achieve expected profit on schedule.Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS US$0.019 (vs US$0.086 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: US$130.4m (up 14% from 2Q 2020). Net income: US$626.1k (down 71% from 2Q 2020). Profit margin: 0.5% (down from 1.9% in 2Q 2020).Reported Earnings • May 11First quarter 2021 earnings released: US$0.02 loss per shareThe company reported a soft first quarter result with weaker earnings and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: US$109.1m (up 18% from 1Q 2020). Net loss: US$644.8k (down 209% from profit in 1Q 2020).Reported Earnings • Mar 12Full year 2020 earnings released: US$0.52 loss per share (vs US$0.046 loss in FY 2019)The company reported a mediocre full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: US$400.8m (up 39% from FY 2019). Net loss: US$13.3m (loss widened US$12.2m from FY 2019).공시 • Mar 06PARTS iD, Inc. to Report Q4, 2020 Results on Mar 09, 2021PARTS iD, Inc. announced that they will report Q4, 2020 results After-Market on Mar 09, 2021분석 기사 • Feb 23What You Need To Know About PARTS iD, Inc.'s (NYSEMKT:ID) Investor CompositionA look at the shareholders of PARTS iD, Inc. ( NYSEMKT:ID ) can tell us which group is most powerful. Generally...주주 수익률IDIC.QUS Specialty RetailUS 시장7D-33.3%5.9%1.1%1Y-99.6%2.6%28.7%전체 주주 수익률 보기수익률 대 산업: IDIC.Q은 지난 1년 동안 2.6%의 수익을 기록한 US Specialty Retail 산업보다 저조한 성과를 냈습니다.수익률 대 시장: IDIC.Q은 지난 1년 동안 28.7%를 기록한 US 시장보다 저조한 성과를 냈습니다.주가 변동성Is IDIC.Q's price volatile compared to industry and market?IDIC.Q volatilityIDIC.Q Average Weekly Movement41.4%Specialty Retail Industry Average Movement7.4%Market Average Movement7.2%10% most volatile stocks in US Market16.5%10% least volatile stocks in US Market3.1%안정적인 주가: IDIC.Q의 주가는 지난 3개월 동안 US 시장보다 변동성이 컸습니다.시간에 따른 변동성: IDIC.Q의 주간 변동성은 지난 1년간 28%에서 41%로 증가했습니다.회사 소개설립직원 수CEO웹사이트200865Lev Pekerwww.partsidinc.com더 보기PARTS iD, Inc. 기초 지표 요약PARTS iD의 순이익과 매출은 시가총액과 어떻게 비교됩니까?IDIC.Q 기초 통계시가총액US$85.59k순이익 (TTM)-US$22.96m매출 (TTM)US$109.59m0.0x주가매출비율(P/S)0.0x주가수익비율(P/E)IDIC.Q는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표IDIC.Q 손익계산서 (TTM)매출US$109.59m매출원가US$89.11m총이익US$20.48m기타 비용US$43.44m순이익-US$22.96m최근 보고된 실적Sep 30, 2023다음 실적 발표일해당 없음주당순이익(EPS)-0.54총이익률18.69%순이익률-20.95%부채/자본 비율-24.2%IDIC.Q의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/02/25 08:33종가2024/02/23 00:00수익2023/09/30연간 수익2022/12/31데이터 소스당사의 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.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스PARTS iD, Inc.는 3명의 분석가가 다루고 있습니다. 이 중 명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Maria RippsCanaccord GenuityMichael BakerD.A. Davidson & Co.Michael AlbaneseD. Boral Capital LLC.
공시 • Mar 08PARTS iD, Inc. announced that it has received $35 million in funding from Fifth Star FundsPARTS iD, Inc. announced that it has raised $35 million in a round of funding from new investor Fifth Star Funds on March 7, 2024. The company has issued common shares in the transaction. Fifth Star Funds has acquired majority stake in the transaction.
공시 • Feb 29PARTS iD Files Form 15PARTS iD, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Class A Common Stock under the Securities Exchange Act of 1934, as amended. The par value of the company's Class A Common Stock was $0.0001 per share.
공시 • Jan 19PARTS iD, Inc.(OTCPK:IDIC.Q) dropped from S&P TMI IndexPARTS iD, Inc.(OTCPK:IDIC.Q) dropped from S&P TMI Index
공시 • Dec 28PARTS iD, Inc. Filed for BankruptcyPARTS iD, Inc., along with its affiliate, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of Delaware on December 26, 2023. The debtor listed its assets in the range of $10 million to $50 million and liabilities in the range of $50 million to $100 million. The debtor is represented by R. Craig Martin of DLA Piper LLP (US) as its legal counsel. Kroll Restructuring Administration LLC is appointed as claims and noticing agent.
공시 • Dec 26Motion for Joint Administration Filed by PARTS iD, Inc.PARTS iD, Inc., along with its affiliate, filed a motion for joint administration of their Chapter 11 bankruptcy cases in the US Bankruptcy Court on December 26, 2023. As per the motion, the debtor seeks the joint administration of the cases of its affiliate, PARTS iD, LLC, with its own case for administrative and procedural purposes. PARTS iD, Inc. has been proposed as the lead debtor.
공시 • Nov 29+ 1 more updatePARTS iD Receives Notice of Non-compliance from NYSE AmericanPARTS iD, Inc. announced that it has received written notice (the “Notice”) from the NYSE American LLC (the “NYSE American”) indicating that the Company is not in compliance with the NYSE American’s continued listing standards because the Company did not timely file its Quarterly Report on Form 10-Q for the quarter September 30, 2023 (the “Form 10-Q”), which was due on November 20, 2023. In accordance with Section 1007 of the NYSE American Company Guide, the Company will have six months from the date of the Notice (the “Initial Cure Period”), to file the Form 10-Q with the Securities and Exchange Commission (the “SEC”). If the Company fails to file the Form 10-Q during the Initial Cure Period, the NYSE American may, in its sole discretion, provide an additional six-month cure period (the “Additional Cure Period”). The Company can regain compliance with the NYSE American’s continued listing standards at any time during the Initial Cure Period or Additional Cure Period, as applicable, by filing the Form 10-Q and any subsequent delayed filings with the SEC. Reference is made to the Notification of Late Filing on Form 12b-25 filed by the Company with the SEC on November 14, 2023 (the “Form 12b-25”) reporting that it required additional time to complete the Form 10-Q. Although the Company has dedicated significant resources to the completion of finalizing its consolidated financial statements and related disclosures for inclusion in the Form 10-Q, the Company was unable to file the Form 10-Q by November 20, 2023, the extension period provided by the Form 12b-25. Additional time is needed by the Company to complete its review of the financial statements included in the Form 10-Q in order to ensure a complete, accurate Form 10-Q. The Company intends to file the Form 10-Q as soon as practicable and in any event within the above-referenced six-month period. The Notice has no immediate effect on the listing of the Company’s securities on the NYSE American. There can be no assurance, however, that the Company will be able to regain compliance with the listing standards discussed above.
공시 • Mar 08PARTS iD, Inc. announced that it has received $35 million in funding from Fifth Star FundsPARTS iD, Inc. announced that it has raised $35 million in a round of funding from new investor Fifth Star Funds on March 7, 2024. The company has issued common shares in the transaction. Fifth Star Funds has acquired majority stake in the transaction.
공시 • Feb 29PARTS iD Files Form 15PARTS iD, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Class A Common Stock under the Securities Exchange Act of 1934, as amended. The par value of the company's Class A Common Stock was $0.0001 per share.
공시 • Jan 19PARTS iD, Inc.(OTCPK:IDIC.Q) dropped from S&P TMI IndexPARTS iD, Inc.(OTCPK:IDIC.Q) dropped from S&P TMI Index
공시 • Dec 28PARTS iD, Inc. Filed for BankruptcyPARTS iD, Inc., along with its affiliate, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of Delaware on December 26, 2023. The debtor listed its assets in the range of $10 million to $50 million and liabilities in the range of $50 million to $100 million. The debtor is represented by R. Craig Martin of DLA Piper LLP (US) as its legal counsel. Kroll Restructuring Administration LLC is appointed as claims and noticing agent.
공시 • Dec 26Motion for Joint Administration Filed by PARTS iD, Inc.PARTS iD, Inc., along with its affiliate, filed a motion for joint administration of their Chapter 11 bankruptcy cases in the US Bankruptcy Court on December 26, 2023. As per the motion, the debtor seeks the joint administration of the cases of its affiliate, PARTS iD, LLC, with its own case for administrative and procedural purposes. PARTS iD, Inc. has been proposed as the lead debtor.
공시 • Nov 29+ 1 more updatePARTS iD Receives Notice of Non-compliance from NYSE AmericanPARTS iD, Inc. announced that it has received written notice (the “Notice”) from the NYSE American LLC (the “NYSE American”) indicating that the Company is not in compliance with the NYSE American’s continued listing standards because the Company did not timely file its Quarterly Report on Form 10-Q for the quarter September 30, 2023 (the “Form 10-Q”), which was due on November 20, 2023. In accordance with Section 1007 of the NYSE American Company Guide, the Company will have six months from the date of the Notice (the “Initial Cure Period”), to file the Form 10-Q with the Securities and Exchange Commission (the “SEC”). If the Company fails to file the Form 10-Q during the Initial Cure Period, the NYSE American may, in its sole discretion, provide an additional six-month cure period (the “Additional Cure Period”). The Company can regain compliance with the NYSE American’s continued listing standards at any time during the Initial Cure Period or Additional Cure Period, as applicable, by filing the Form 10-Q and any subsequent delayed filings with the SEC. Reference is made to the Notification of Late Filing on Form 12b-25 filed by the Company with the SEC on November 14, 2023 (the “Form 12b-25”) reporting that it required additional time to complete the Form 10-Q. Although the Company has dedicated significant resources to the completion of finalizing its consolidated financial statements and related disclosures for inclusion in the Form 10-Q, the Company was unable to file the Form 10-Q by November 20, 2023, the extension period provided by the Form 12b-25. Additional time is needed by the Company to complete its review of the financial statements included in the Form 10-Q in order to ensure a complete, accurate Form 10-Q. The Company intends to file the Form 10-Q as soon as practicable and in any event within the above-referenced six-month period. The Notice has no immediate effect on the listing of the Company’s securities on the NYSE American. There can be no assurance, however, that the Company will be able to regain compliance with the listing standards discussed above.
공시 • Nov 15PARTS iD, Inc. announced delayed 10-Q filingOn 11/14/2023, PARTS iD, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
공시 • Nov 04Parts iD Receives Non-Compliance Notice from NYSE AmericanPARTS iD, Inc. announced that it has received written notice (the ‘Notice’) from the NYSE American LLC (the ‘NYSE American’) stating that it is not in compliance with the continued listing standard set forth in Section 1003(f)(v) of the NYSE American Company Guide (the ‘Company Guide’) because the Company’s common stock was selling for a substantial period of time at a low price per share. The Notice stated that the Company’s continued listing is predicated on it effecting a reverse stock split of its common stock or otherwise demonstrating sustained price improvement within a reasonable period of time, which NYSE American has determined to be no later than April 27, 2024. However, NYSE American may take an accelerated delisting action that would pre-empt the cure period in the event that the common stock trades at a level viewed to be abnormally low. As previously reported, on May 23, 2023, the Company received notification (the ‘Letter’) from the NYSE American that it was not in compliance with the continued listing standards set forth in the NYSE American Company Guide (the ‘Company Guide’). Specifically, the Letter indicated that the Company was not in compliance with Sections 1003(a)(i) and 1003(a)(ii) of the Company Guide, requiring a listed company to have stockholders' equity of (i) at least $2.0 million if it has reported losses from continuing operations or net losses in two of its three most recent fiscal years and (ii) at least $4.0 million if it has reported losses from continuing operations or net losses in three of its four most recent fiscal years. The Company submitted a plan of compliance to the Exchange on June 22, 2023 addressing how the Company intends to regain compliance with these requirements by November 23, 2024. On August 8, 2023, the Company received notice from the NYSE American that it had accepted the Company's plan and granted a plan period through November 23, 2024 to regain compliance with the continued listing standards. If the Company is not in compliance with the continued listing standards by that date or if the Company does not make progress consistent with the Plan during the plan period, the Exchange may commence delisting procedures. The Company’s common stock will continue to be listed on the NYSE American while the Company evaluates its various alternatives. The Company will also continue to be included in the list of NYSE American noncompliant issuers, and the below compliance (‘.BC’) indicator will continue to be disseminated with the Company’s ticker symbol(s). The Company’s receipt of the Notice from the NYSE American does not affect the Company’s business, operations or reporting requirements with the U.S. Securities and Exchange Commission.
공시 • Oct 12+ 1 more updatePARTS iD, Inc. Announces Resignation of James Doss as CFO, Effective November 20, 2023On October 4, 2023, James Doss, PARTS iD, Inc.'s Chief Financial Officer (CFO") notified the Company that he will be resigning as the CFO and principal financial officer of the Company for personal reasons, effective November 20, 2023. The Company has initiated the process of identifying a qualified individual to assume the role of CFO and is actively seeking a suitable candidate to fill the vacancy.
공시 • Aug 17+ 1 more updatePARTS iD, Inc. announced delayed 10-Q filingOn 08/15/2023, PARTS iD, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
Reported Earnings • Aug 16Second quarter 2023 earnings released: US$0.12 loss per share (vs US$0.026 loss in 2Q 2022)Second quarter 2023 results: US$0.12 loss per share (further deteriorated from US$0.026 loss in 2Q 2022). Revenue: US$16.1m (down 85% from 2Q 2022). Net loss: US$4.01m (loss widened 346% from 2Q 2022).
공시 • Jun 21PARTS iD, Inc. announced that it has received $0.25 million in fundingPARTS iD, Inc announced that it has entered into a Note and Warrant Purchase Agreement whereby the Company agreed to issue and sell to an investor in a private placement 7.75% unsecured convertible promissory note in the aggregate principal amount of $250,000 on June 20, 2023. The company also issued warrants to purchase an aggregate of 694,444 shares of the Company’s Class A common stock at an exercise price of $0.36 per share. The Convertible Note accrues interest at 7.75% per annum, compounded semi-annually. The Convertible Note matures on June 14, 2025. Effective on the Maturity Date, if the Convertible Notes has not otherwise been repaid by the Company in accordance with the terms and conditions set forth therein, then at the option of the Purchaser, the outstanding balance of the Convertible Note (including any accrued but unpaid interest thereon) (the “Note Amount”) shall convert into that number of fully paid and nonassessable shares of the Company’s Common Stock at a conversion price equal to the respective Note Amount (as defined in the Convertible Note) divided by the Conversion Price. The Company may prepay the Note Amount at any time prior to the Maturity Date. The Warrant will expire after 5 years from the date of issuance and may not be exercised on a cashless basis. The Warrant provides that the holder will not have the right to exercise any portion of the Warrant, if the holder, together with its affiliates, and any other party whose holdings would be aggregated with those of the holder for purposes of Section 13(d) or Section 16 of the Exchange Act would beneficially own in excess of 4.99%, of the number of shares of the Company’s Common Stock outstanding immediately after giving effect to such exercise; provided, however, that the holder may increase or decrease the Beneficial Ownership Limitation by giving notice to the Company, with any such increase not taking effect until the sixty-first day after such notice is delivered to the Company but not to any percentage in excess of 9.99%; provided that the holder of the Warrant that beneficially owns in excess of 19.99% of the number of shares of the Common Stock outstanding on the issuance date of the Warrant shall not be subject to the Beneficial Ownership Limitation. The foregoing description is only a summary of the terms of the Purchase Agreement, Convertible Note and Warrant and it is qualified in its entirety by reference to the full text of the Purchase Agreement, Convertible Note and Warrant, copies of which are filed hereto as Exhibits 10.1, 10.2 and 10.3, respectively, and incorporated herein by reference. The Company intends to use the proceeds from the issuance of the Convertible Note and the Warrant for working capital purposes and the repayment of current indebtedness. The Convertible Note and the Warrant were issued by the Company in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and have not been registered under the Securities Act.
공시 • Jun 02PARTS iD, Inc., Annual General Meeting, Jul 11, 2023PARTS iD, Inc., Annual General Meeting, Jul 11, 2023, at 10:00 US Eastern Standard Time. Agenda: To elect three persons to serve as Class II directors for a two-year term expiring at the 2025 Annual Meeting of Stockholders; to ratify the appointment of WithumSmith+Brown, PC as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023; to approve, by non-binding advisory vote, the compensation of our named executive officers; to approve, by non-binding advisory vote, the frequency of future votes on the compensation of our named executive officers; to approve an amendment and restatement of our 2020 Equity Incentive Plan (the 2020 Plan) to increase the number of shares of the Companys ClassA common stock (the Common Stock) authorized for issuance thereunder from 4,904,596 shares to 9,904,596 shares; and to transact such other business as may properly come before the Annual Meeting or any adjournment thereof.
공시 • May 29PARTS iD Receives Deficiency Letter from NYSE American Due to Non-Compliance with Certain of the Exchange’s Continued Listing Standards as Set Forth in Section 1003(a)(i) and (ii)On May 23, 2023, Parts iD, Inc. received a letter (the ‘Deficiency Letter’) from the staff of the NYSE American (the ‘Exchange’) indicating that the Company does not meet certain of the Exchange’s continued listing standards as set forth in Section 1003(a)(i) and (ii) of the Exchange Company Guide in that the Company has stockholders’ equity of less than $2,000,000 and have incurred losses from continuing operations and/or net losses during two out of three of the Company’s most recent fiscal years, and that the Company has stockholders’ equity of less than $4,000,000 and have incurred losses from continuing operations and/or net losses during three out of four of the Company’s most recent fiscal years. Pursuant to Section 1009 of the Exchange Company Guide and as provided in the Deficiency Letter, the Company may provide the Exchange staff with a plan (the ‘Plan’) by June 22, 2023 advising the Exchange staff of actions the Company has taken and will take that would bring the Company into compliance with the Exchange’s continued listing standards by November 23, 2024. The Company intends to submit a Plan by the June 22, 2023 deadline. There is no assurance that the Exchange staff will accept the Plan. If the Exchange staff accepts the Plan, the Exchange staff will review the Company’s compliance with the Plan on a quarterly basis and if the Company does not show progress consistent with the Plan or is not in compliance with the Exchange’s continued listing standards by November 23, 2024, the Exchange will commence delisting procedures. If the Company does not submit the Plan or if the Exchange staff does not accept the Plan, the Exchange staff will promptly initiate delisting proceedings. The Company is committed to undertaking a transaction or transactions in the future to achieve compliance with the Exchange’s requirements. There can be no assurance that the Company will be able to achieve compliance with the Exchange’s continued listing standards within the required time frame. The Deficiency Letter has no immediate impact on the listing of the Company’s shares of Class A common stock, par value $0.0001 per share (the ‘Common Stock’), which will continue to be listed and traded on the Exchange during this period, subject to the Company’s compliance with the other listing requirements of the Exchange. The Common Stock will continue to trade under the symbol ‘ID’, but will have an added designation of ‘.BC’ to indicate the status of the Common Stock as ‘below compliance’. The Deficiency Letter does not affect the Company’s ongoing business operations or its reporting requirements with the Securities and Exchange Commission. If the Common Stock ultimately were to be delisted for any reason, it could negatively impact the Company by (i) reducing the liquidity and market price of the Company’s Common Stock; (ii) reducing the number of investors willing to hold or acquire the Common Stock, which could negatively impact the Company’s ability to raise equity financing; (iii) limiting the Company’s ability to use a registration statement to offer and sell freely tradable securities, thereby preventing the Company from accessing the public capital markets; and (iv) impairing the Company’s ability to provide equity incentives to its employees.
공시 • May 13PARTS iD, Inc. announced delayed 10-Q filingOn 05/12/2023, PARTS iD, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
Reported Earnings • Apr 18Full year 2022 earnings released: US$0.53 loss per share (vs US$0.24 loss in FY 2021)Full year 2022 results: US$0.53 loss per share (further deteriorated from US$0.24 loss in FY 2021). Revenue: US$340.6m (down 24% from FY 2021). Net loss: US$17.9m (loss widened 125% from FY 2021). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Specialty Retail industry in the US.
공시 • Feb 09PARTS iD, Inc. Announces Board ChangesOn February 6, 2023, Richard White notified Parts iD, Inc. of his resignation from the company's Board of Directors, effective immediately. Mr. White's decision to resign from the Board is solely for personal reasons and is not the result of any disagreement with the company with respect to any matter relating to the company's operations, policies or practices, or any disagreements in respect of accounting principles, financial statement disclosure, or any issue impacting the Audit Committee of the Board (the committee on which he served). Rahul Petkar, a current independent director, was appointed as a member of the company's Audit Committee in replacement of Mr. White.
공시 • Dec 07PARTS iD, Inc. Announces CFO TransitionPARTS iD, Inc. announced the appointment of James Doss as its Chief Financial Officer effective January 1, 2023. Doss will assume the role following the retirement of current Chief Financial Officer Kailas Agrawal at the end of this year. Most recently, Doss served as Chief Financial Officer at Indyme Solutions, LLC, a leading software and tech services provider of customer engagement and active loss prevention systems, where he oversaw financial reporting, budgeting, general accounting, credit and collateral, and corporate finance. Prior to his time at Indyme, Doss served as Chief Financial Officer at RF Industries, LTD. Earlier in his career, Doss held several progressively senior finance roles across a number of organizations, leading to improved financial performance, heightened productivity and enhanced internal controls. Doss earned a Bachelor of Science and a Master of Business Administration from San Diego State University.
Price Target Changed • Nov 16Price target decreased to US$2.33Down from US$2.67, the current price target is an average from 3 analysts. New target price is 63% above last closing price of US$1.43. Stock is down 54% over the past year. The company is forecast to post a net loss per share of US$0.36 next year compared to a net loss per share of US$0.24 last year.
공시 • Nov 03PARTS iD, Inc. to Report Q3, 2022 Results on Nov 09, 2022PARTS iD, Inc. announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Nov 09, 2022
공시 • Sep 30Lev Peker Joins the PARTS iD, Inc. Board of Directors, Effective September 28, 2022PARTS iD, Inc. announced the appointment of Lev Peker to its board of directors effective September 28, 2022. Mr. Peker served as Chief Executive Officer of CarParts.com, an e-commerce provider of automotive parts and accessories from 2019 to 2022. During his tenure, he returned the business to growth and delivered the highest annual profitability in the history of CarParts.com. In April 2022, Mr. Peker was appointed Chief Executive Officer of Carlotz, Inc., a leading consignment-to-retail used vehicle marketplace. Earlier in his career, he served as Chief Marketing Officer at Adorama, a leading electronics retailer and also held senior positions at Sears Holdings Corporation and US Auto Parts. Mr. Peker, who will serve as chairperson of the audit committee, replaces Ann Schwister who stepped down from the board for personal reasons.
Major Estimate Revision • Aug 15Consensus EPS estimates fall by 56%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from US$416.6m to US$380.0m. Losses expected to increase from US$0.17 per share to US$0.26. Online Retail industry in the US expected to see average net income growth of 5.9% next year. Consensus price target down from US$3.33 to US$2.67. Share price rose 42% to US$1.80 over the past week.
Reported Earnings • Aug 10Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatSecond quarter 2022 results: US$0.026 loss per share (down from US$0.019 profit in 2Q 2021). Revenue: US$104.3m (down 20% from 2Q 2021). Net loss: US$899.7k (down 244% from profit in 2Q 2021). Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is expected to shrink by 5.4% compared to a 15% growth forecast for the industry in the US.
공시 • Aug 02PARTS iD, Inc. to Report Q2, 2022 Results on Aug 08, 2022PARTS iD, Inc. announced that they will report Q2, 2022 results After-Market on Aug 08, 2022
공시 • Jul 28PARTS iD, Inc. Launches Exclusive ARC Moto Gear Motorcycle Clothing LinePARTS iD, Inc. announced the launch of its company-exclusive “ARC Moto Gear” brand of clothing. Riders can choose from a complete line of jackets, pants, boots, and gloves, in sizes and styles for the most discriminating buyer. MOTORCYCLEiD.com knows You Are What You Ride™, and the need for appropriate clothing is critical to maximizing both safety and the riding experience. Smart riders know that even on the warmest days, t-shirts, shorts, and sandals are not going to help should there be an unwanted “event.” Seasoned motorcyclists invest in a full suit of protective clothing and will replace items as they wear out. The ARC Moto Gear clothing line, only at MOTORCYCLEiD.com, offers a combination of protection, style, and comfort at prices which makes the value proposition to the consumer unrivaled among its competitors. Jackets are available in traditional leather along with lighter textile designs and mesh fabric choices which promote greater airflow for hot-weather riding. Bike pants can be purchased in traditional and jeans fabrics. Footwear runs the gamut from riding “sneakers” to short and tall boots, providing a wide range of foot and ankle support. Riding gloves are manufactured in several material choices, including leather, textile, and mesh, all with the proper padding for grip and protection. Color choices allow the rider to mix-and-match among these items, with sizes ranging from small through 2X-large, so everyone is sure to find the right fit.
공시 • Jun 24Ajay Roy Resigns as Chief Operating Officer of PARTS iD, IncOn June 23, 2022, PARTS ID, Inc. and Ajay Roy, Chief Operating Officer of the Company, entered into a Separation and General Release Agreement (the “Agreement”), pursuant to which Mr. Roy resigned from employment effective as of June 16, 2022.
Reported Earnings • May 12First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: US$0.12 loss per share (down from US$0.02 loss in 1Q 2021). Revenue: US$94.9m (down 13% from 1Q 2021). Net loss: US$3.95m (loss widened US$3.31m from 1Q 2021). Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 7.7%, compared to a 15% growth forecast for the industry in the US.
공시 • May 04PARTS iD, Inc. to Report Q1, 2022 Results on May 10, 2022PARTS iD, Inc. announced that they will report Q1, 2022 results After-Market on May 10, 2022
공시 • May 02PARTS iD, Inc., Annual General Meeting, Jun 14, 2022PARTS iD, Inc., Annual General Meeting, Jun 14, 2022, at 10:00 US Eastern Standard Time. Agenda: To consider To elect three persons to serve as Class I directors for a two-year term expiring at the 2024 Annual Meeting of Stockholders; and to ratify the appointment of WithumSmith+Brown, PC as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2022.
Price Target Changed • Apr 27Price target decreased to US$4.25Down from US$5.25, the current price target is an average from 2 analysts. New target price is 117% above last closing price of US$1.96. Stock is down 75% over the past year. The company is forecast to post a net loss per share of US$0.13 next year compared to a net loss per share of US$0.24 last year.
Major Estimate Revision • Mar 21Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 expected loss increased from -US$0.11 to -US$0.13 per share. Revenue forecast unchanged at US$480.3m. Online Retail industry in the US expected to see average net income decline 6.6% next year. Consensus price target down from US$5.25 to US$4.25. Share price rose 11% to US$2.05 over the past week.
Reported Earnings • Mar 17Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: US$0.24 loss per share (up from US$0.52 loss in FY 2020). Revenue: US$448.7m (up 12% from FY 2020). Net loss: US$7.96m (loss narrowed 40% from FY 2020). Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 9.1%. Over the next year, revenue is forecast to grow 7.0%, compared to a 17% growth forecast for the retail industry in the US.
Breakeven Date Change • Mar 09Forecast breakeven date pushed back to 2023The 2 analysts covering PARTS iD previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 48% per year to 2022. The company is expected to make a profit of US$3.10m in 2023. Average annual earnings growth of 60% is required to achieve expected profit on schedule.
공시 • Feb 25PARTS iD, Inc. Optimizes Customer Experience with Expanded ‘Shop by Service Type’ FunctionalityPARTS iD, Inc. announced it has surpassed 500 repair classifications within its Shop By Service Type search functionality. The feature allows customers to select a specific replacement part, while the platform searches through more than 16.7 million product SKUs to deliver a thorough list of the exact products needed to complete the task. Shop By Service Type is built directly into PARTS iD’s proprietary site infrastructure, creating a unique and frictionless customer interface that many competing e-commerce, hybrid or brick-and-mortar businesses do not currently offer. The outstanding feature is that the customer chooses the primary replacement item (for example, brake pads), and the website delivers a wide choice of results while also showing complimentary or optional items frequently needed (brake rotors, brake fluid, and even special brake tools). The benefit is that the customer can order all supplemental products at the same time, rather than later discovering that a necessary component is missing. All products found via Shop by Service Type are guaranteed to fit the vehicle, based on the year, make and model as entered by the customer. The current Shop by Service Type collection includes major systems such as brakes, cooling, ignition, and suspension, which are broken down into detailed component lists such as brake calipers, radiators, spark plugs, and shock absorbers. The feature’s functionality and scalability are made possible by way of the platform’s robust fitment data, which encompasses over 14 billion unique product and vehicle data points. Like other features found across PARTS iD’s stores, Shop By Service Type prioritizes the delivery of an informative, intuitive and confident shopping journey. PARTS iD’s proven commitment to innovation and first-class customer service was recently validated by the Company’s 2021 industry-leading Net Promoter Scores. With new and used car prices maintaining record levels at the start of 2022, many drivers who are delaying new car purchases are expected to seek repair and replacement services to maintain their existing vehicles. The extensive collection of parts replacement items available to customers through Shop by Service Type and the platform’s industry-leading vehicle fitment data make PARTS iD well-positioned to capture this market.
Recent Insider Transactions • Dec 13Independent Director recently bought US$120k worth of stockOn the 6th of December, Edwin Rigaud bought around 56k shares on-market at roughly US$2.12 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold US$52k more in shares than they bought in the last 12 months.
공시 • Dec 01PARTS iD, Inc. Launches EV Specialty Shop on its Retail Site CARiD.comPARTS iD, Inc. announced the launch of an EV Specialty Shop on its retail site CARiD.com. Creating a dedicated destination for EV parts and accessories is a key milestone in the company’s efforts to penetrate the growing EV market and its broader mission to offer a one-stop shop for all automotive shoppers. The Specialty Shop includes EV-specific accessories such as charging equipment, mechanical repair, maintenance and electrical parts as well as popular accessories in vehicle customization categories such as body kits, performance suspension systems and custom wheels and tires. The EV Shop’s wide selection is compatible with many of the EV models on the market including Tesla Models 3, S, X, and Y, the Nissan Leaf, Ford Mustang Mach-E, Chevy Bolt EV, Polestar 1 and 2, Hyundai Ioniq and Kona, Audi e-tron, Porsche Taycan and more. Using the company’s robust fitment data, EV shoppers can browse with confidence, inputting their vehicle’s make, model and year to identify the correct parts and have them delivered right to their door.
Reported Earnings • Nov 11Third quarter 2021 earnings released: US$0.10 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: US$102.6m (down 17% from 3Q 2020). Net loss: US$3.34m (down 172% from profit in 3Q 2020).
Breakeven Date Change • Aug 12Forecast breakeven pushed back to 2022The 2 analysts covering PARTS iD previously expected the company to break even in 2021. New consensus forecast suggests losses will reduce by 92% to 2021. The company is expected to make a profit of US$5.80m in 2022. Average annual earnings growth of 61% is required to achieve expected profit on schedule.
Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS US$0.019 (vs US$0.086 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: US$130.4m (up 14% from 2Q 2020). Net income: US$626.1k (down 71% from 2Q 2020). Profit margin: 0.5% (down from 1.9% in 2Q 2020).
Reported Earnings • May 11First quarter 2021 earnings released: US$0.02 loss per shareThe company reported a soft first quarter result with weaker earnings and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: US$109.1m (up 18% from 1Q 2020). Net loss: US$644.8k (down 209% from profit in 1Q 2020).
Reported Earnings • Mar 12Full year 2020 earnings released: US$0.52 loss per share (vs US$0.046 loss in FY 2019)The company reported a mediocre full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: US$400.8m (up 39% from FY 2019). Net loss: US$13.3m (loss widened US$12.2m from FY 2019).
공시 • Mar 06PARTS iD, Inc. to Report Q4, 2020 Results on Mar 09, 2021PARTS iD, Inc. announced that they will report Q4, 2020 results After-Market on Mar 09, 2021
분석 기사 • Feb 23What You Need To Know About PARTS iD, Inc.'s (NYSEMKT:ID) Investor CompositionA look at the shareholders of PARTS iD, Inc. ( NYSEMKT:ID ) can tell us which group is most powerful. Generally...
