Financial Snapshot

Revenue
$225.9M
TTM
Gross Margin
73.49%
TTM
Net Earnings
$8.960M
TTM
Current Assets
$282.6M
Q3 2024
Current Liabilities
$78.50M
Q3 2024
Current Ratio
360.07%
Q3 2024
Total Assets
$373.2M
Q3 2024
Total Liabilities
$111.0M
Q3 2024
Book Value
$262.2M
Q3 2024
Cash
P/E
131.5
Nov 29, 2024 EST
Free Cash Flow
$22.27M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $201.5M $157.6M $125.8M $98.68M $61.33M
YoY Change 27.85% 25.32% 27.46% 60.9%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $201.5M $157.6M $125.8M $98.68M $61.33M
Cost Of Revenue $60.95M $52.83M $49.59M $34.85M $20.25M
Gross Profit $140.6M $104.8M $76.18M $63.83M $41.08M
Gross Profit Margin 69.75% 66.48% 60.57% 64.68% 66.99%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $93.13M $96.15M $95.41M $37.81M $30.87M
YoY Change -3.13% 0.77% 152.37% 22.48%
% of Gross Profit 66.26% 91.75% 125.24% 59.23% 75.14%
Research & Development $60.12M $57.21M $45.19M $19.04M $12.69M
YoY Change 5.09% 26.6% 137.33% 50.06%
% of Gross Profit 42.77% 54.59% 59.31% 29.83% 30.89%
Depreciation & Amortization $5.018M $4.616M $4.072M $2.400M $2.526M
YoY Change 8.71% 13.36% 69.67% -4.99%
% of Gross Profit 3.57% 4.41% 5.35% 3.76% 6.15%
Operating Expenses $60.12M $57.21M $142.1M $57.31M $42.89M
YoY Change 5.09% -59.75% 147.98% 33.61%
Operating Profit $80.45M $47.58M -$65.93M $6.519M -$1.809M
YoY Change 69.08% -172.17% -1111.34% -460.36%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $4.000K $62.00K $294.0K -$2.774M -$697.0K
YoY Change -93.55% -78.91% -110.6% 297.99%
% of Operating Profit 0.0% 0.13% -42.55%
Other Income/Expense, Net -$768.0K -$389.0K -$4.351M -$282.0K -$1.187M
YoY Change 97.43% -91.06% 1442.91% -76.24%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$10.59M -$56.44M -$69.99M $3.463M -$3.693M
YoY Change -81.24% -19.35% -2120.96% -193.77%
Income Tax $3.107M -$4.025M -$9.472M $4.288M $883.0K
% Of Pretax Income 123.82%
Net Earnings -$13.69M -$52.42M -$60.51M -$914.0K -$4.593M
YoY Change -73.88% -13.37% 6520.46% -80.1%
Net Earnings / Revenue -6.8% -33.26% -48.11% -0.93% -7.49%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.07 -$0.27 -$333.3K -$4.881K -$24.53K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $209.4M $238.6M $298.2M $75.53M $44.26M
YoY Change -12.22% -20.0% 294.83% 70.65%
Cash & Equivalents
Short-Term Investments $184.4M $219.6M $177.3M $23.57M $25.71M
Other Short-Term Assets $6.223M $6.633M $9.756M $4.643M $4.388M
YoY Change -6.18% -32.01% 110.12% 5.81%
Inventory
Prepaid Expenses
Receivables $44.12M $36.84M $34.68M $24.49M $14.86M
Other Receivables $6.499M $5.122M $6.881M $4.071M $2.415M
Total Short-Term Assets $266.3M $287.2M $349.5M $108.7M $65.92M
YoY Change -7.28% -17.84% 221.45% 64.95%
Property, Plant & Equipment $5.974M $8.727M $9.894M $9.627M $11.50M
YoY Change -31.55% -11.8% 2.77% -16.28%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $3.118M $1.152M $621.0K $136.0K $58.00K
YoY Change 170.66% 85.51% 356.62% 134.48%
Other Assets $23.91M $20.66M $14.60M $5.750M $1.831M
YoY Change 15.71% 41.55% 153.84% 214.04%
Total Long-Term Assets $74.89M $70.52M $65.45M $31.28M $31.77M
YoY Change 6.21% 7.73% 109.25% -1.53%
Total Assets $341.1M $357.7M $415.0M $140.0M $97.69M
YoY Change
Accounts Payable $14.83M $14.36M $16.93M $2.794M $4.042M
YoY Change 3.24% -15.15% 505.87% -30.88%
Accrued Expenses $24.90M $20.07M $16.87M
YoY Change 24.05% 18.99%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.863M $3.051M $3.192M $2.435M $4.488M
YoY Change -38.94% -4.42% 31.09% -45.74%
Total Short-Term Liabilities $77.24M $62.02M $58.89M $47.06M $29.24M
YoY Change 24.55% 5.31% 25.14% 60.92%
Long-Term Debt $2.233M $3.737M $6.078M $10.08M $14.22M
YoY Change -40.25% -38.52% -39.68% -29.12%
Other Long-Term Liabilities $18.67M $14.78M $20.77M $6.398M $6.815M
YoY Change 26.31% -28.84% 224.63% -6.12%
Total Long-Term Liabilities $20.90M $18.52M $26.85M $16.48M $21.03M
YoY Change 12.88% -31.03% 62.96% -21.67%
Total Liabilities $100.9M $83.02M $87.79M $64.39M $50.64M
YoY Change 21.49% -5.44% 36.34% 27.16%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $1.1779 Billion

About VTEX

VTEX provides software-as-a-service digital commerce platform for enterprise brands and retailers. The Company’s platform enables its customers to execute their commerce strategy, including building online stores, integrating and managing orders across channels, and creating marketplaces to sell products from third-party vendors. The platform is also designed to be the operating system for the commerce ecosystem, enabling enterprise brands and retailers to orchestrate their network of consumers, business partners, suppliers, and fulfillment providers in one place with a complete Commerce, Marketplace, and OMS solution. The firm offers solutions, which is focused on the omnichannel experience for retailers, such as the VTEX Sales App, VTEX Pick and Pack, VTEX Personal Shopper, and the Extensions Hub, among others. The company has over 3,500 active online stores across 43 countries. Its subsidiaries include VTEX Argentina S.A., VTEX Day Eventos LTDA and others.

Industry: Services-Prepackaged Software Peers: Wejo Group Ltd