Newegg Commerce Past Earnings Performance

Past criteria checks 0/6

Newegg Commerce's earnings have been declining at an average annual rate of -61.2%, while the Specialty Retail industry saw earnings growing at 10.5% annually. Revenues have been declining at an average rate of 21.6% per year.

Key information

-61.2%

Earnings growth rate

-61.7%

EPS growth rate

Specialty Retail Industry Growth	4.1%
Revenue growth rate	-21.6%
Return on equity	-47.6%
Net Margin	-3.9%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Newegg Commerce makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:J8D Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	1,392	-55	216
31 Mar 24	1,444	-57	227
31 Dec 23	1,497	-59	239
30 Sep 23	1,521	-74	239
30 Jun 23	1,553	-68	243
31 Mar 23	1,637	-63	255
31 Dec 22	1,720	-57	266
30 Sep 22	1,868	-21	275
30 Jun 22	2,060	-4	287
31 Mar 22	2,218	16	290
31 Dec 21	2,376	36	292
30 Sep 21	2,446	36	295
30 Jun 21	2,459	33	288
31 Mar 21	2,287	32	269
31 Dec 20	2,115	30	250
30 Sep 20	1,785	24	228
30 Jun 20	1,599	17	221
31 Mar 20	1,567	0	225
31 Dec 19	1,534	-17	229
31 Dec 18	2,022	-54	247
31 Dec 17	2,158	-31	246

Quality Earnings: J8D is currently unprofitable.

Growing Profit Margin: J8D is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: J8D is unprofitable, and losses have increased over the past 5 years at a rate of 61.2% per year.

Accelerating Growth: Unable to compare J8D's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: J8D is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (78.9%).

Return on Equity

High ROE: J8D has a negative Return on Equity (-47.64%), as it is currently unprofitable.

Newegg Commerce Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

First half 2024 earnings released: US$0.064 loss per share (vs US$0.077 loss in 1H 2023)

Full year 2023 earnings released: US$0.15 loss per share (vs US$0.15 loss in FY 2022)

Third quarter 2023 earnings released: US$0.039 loss per share (vs US$0.023 loss in 3Q 2022)

First half 2023 earnings released: US$0.077 loss per share (vs US$0.051 loss in 1H 2022)

Full year 2022 earnings released: US$0.15 loss per share (vs US$0.099 profit in FY 2021)

Third quarter 2022 earnings released: US$0.023 loss per share (vs US$0.023 profit in 3Q 2021)

Recent updates

New minor risk - Shareholder dilution

First half 2024 earnings released: US$0.064 loss per share (vs US$0.077 loss in 1H 2023)

Newegg Commerce, Inc. Announces New SaaS Multichannel Marketplace Management Solution - SellingPilot

Newegg Commerce, Inc. Announces new AMD EPYC™ 4004 Series Processors are available for Preorder as a North America Retail Launch Exclusive Through Both Newegg and Newegg Business

Newegg Receives Nasdaq Notification Regarding Minimum Bid Requirements

Full year 2023 earnings released: US$0.15 loss per share (vs US$0.15 loss in FY 2022)

Newegg Commerce, Inc. Provides Earnings Guidance for the Year Ending December 31, 2024

Third quarter 2023 earnings released: US$0.039 loss per share (vs US$0.023 loss in 3Q 2022)

Newegg Commerce, Inc. Updates Earnings Guidance for the Year Ending December 31, 2023

Newegg Regains Compliance with Nasdaq Minimum Bid Requirements

Newegg Commerce, Inc. Introduces Group Buy to Reward Customers Who Come Together to Unlock Special Daily Deals

Newegg Commerce, Inc. (NasdaqCM:NEGG) announces an Equity Buyback for $10 million worth of its shares.

New major risk - Revenue and earnings growth

First half 2023 earnings released: US$0.077 loss per share (vs US$0.051 loss in 1H 2022)

Newegg Launches First Computer Shopping Chatgpt Plugin

New major risk - Share price stability

Newegg Commerce, Inc. Uses AI to Build New Online Shopping Experience for Home Products

Full year 2022 earnings released: US$0.15 loss per share (vs US$0.099 profit in FY 2021)

Newegg Unleashes Gaming Laptops

Newegg Commerce, Inc. Now Offering NVIDIA GeForce RTX 4070 Ti Graphics Cards

Third quarter 2022 earnings released: US$0.023 loss per share (vs US$0.023 profit in 3Q 2021)

Less than half of directors are independent

Newegg Commerce, Inc. Announces the Launch of the Eklr Pc, the Signature Gaming Computer

Newegg Commerce, Inc. Announces Availability of AMD Ryzen 7000 Series Desktop Processors with “Zen 4” Architecture

Newegg Commerce, Inc. Provides Earnings Guidance for the Third Quarter of 2022

First half 2022 earnings released: US$0.051 loss per share (vs US$0.059 profit in 1H 2021)

Newegg Commerce, Inc. Rolls into CNE Gaming Garage Powered by AMD with Advanced Battlestations Gaming Pc

Newegg Commerce, Inc. Deploys Laptop Finder to Make Shopping Easier

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Newegg Commerce, Inc. Launches Gaming PC Finder

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Legendary ABS May the 4th PC from Newegg Ready to Land in Users’ Spaces

Full year 2021 earnings released: EPS: US$0.099 (vs US$0.084 in FY 2020)

Less than half of directors are independent

Newegg Offers Personal Laser Engraving on Both PC Cases and Custom PC Build

Newegg Commerce, Inc. Announces Resignation of Brian Waters as Chief Legal Officer

Newegg Commerce Announces Dying Light 2 Stay Human Gaming PC Available through Intel Sweepstakes

Less than half of directors are independent

Newegg Commerce, Inc. Reaffirms Earnings Guidance for the Fourth Quarter and Full Year of 2021

Less than half of directors are independent

Newegg Commerce, Inc. Provides Earnings Guidance for the Second Half and Full Year Ending December 31, 2021

Investor sentiment improved over the past week

Newegg Commerce, Inc. Unveils Plans for its Seventh Annual FantasTech Sale

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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