SPS Commerce
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 313m | 385m | 451m | 537m | 630m | 730m | 835m |
% growth | 12 % | 23 % | 17 % | 19 % | 17 % | 16 % | 14 % |
EBITDA | 68.7m | 80.0m | 99.4m | 103m | 186m | 220m | 261m |
% EBITDA margin | 22 % | 21 % | 22 % | 19 % | 29 % | 30 % | 31 % |
Profit | 45.6m | 44.6m | 55.1m | 65.8m | 77.7m | 91.6m | 111m |
% profit margin | 15 % | 12 % | 12 % | 12 % | 12 % | 13 % | 13 % |
EV / revenue | 11.7x | 12.6x | 9.8x | 12.7x | 11.5x | 9.8x | 8.6x |
EV / EBITDA | 53.1x | 60.8x | 44.4x | 66.6x | 38.9x | 32.3x | 27.4x |
R&D budget | 31.0m | 39.0m | 45.7m | 53.7m | - | - | - |
R&D % of revenue | 10 % | 10 % | 10 % | 10 % | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $15.0m | Series C | |
$10.0m | Series D | ||
N/A | N/A | Series A | |
$18.0m | Series B | ||
$7.5m | Early VC | ||
N/A | N/A | IPO | |
Total Funding | €45.9m |
Recent News about SPS Commerce
EditSPS Commerce is a technology-driven company that specializes in simplifying supply chain processes for retail trading partners. The company operates in the supply chain management market, offering solutions that help products reach customers faster, more consistently, and cost-effectively. SPS Commerce serves a wide range of clients, including retailers, suppliers, and logistics providers, by providing cloud-based solutions that enhance supply chain visibility and efficiency. The business model is based on a subscription service, where clients pay for access to the platform and its various features. This recurring revenue model ensures a steady stream of income for the company. SPS Commerce makes money by offering a suite of services that include electronic data interchange (EDI), order management, and analytics, which help clients streamline their operations and reduce costs. The company also provides training and support to ensure clients can maximize the benefits of its solutions.
Keywords: supply chain, retail, technology-driven, cloud-based, EDI, order management, analytics, subscription service, efficiency, cost-effective.