Emerge Commerce Ltd. (V:ECOM)
Business Focus: E-commerce & Auction Services
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Insider Filings
Latest 10 SEDI filings for ECOM within the last 6 months
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Company News
Aug 31, 2023 17:15 ET
EMERGE Issues Restricted Share Units
TORONTO, Aug. 31, 2023 /CNW/ - EMERGE Commerce Ltd. (TSXV: ECOM) ("EMERGE" or the "Company"), a diversified acquirer and operator of niche e-commerce brands, today announced the granting of restricted share units (the "RSUs") pursuant to the Company's omnibus equity incentive plan.
Aug 28, 2023 17:15 ET
EMERGE Reports Second Quarter 2023 Results
Q2 Revenue of $6.2M compared to $8.6M in Q2 2022. Revenue for Q2 2022 would have been $7.1M when excluding revenue from US operations and trading that were eliminated in 2022.Q2 Gross Margin improved to 51.3% compared to 44.1% in Q2 2022, marking the Company's 2nd consecutive quarter with Gross Margin exceeding 50%Q2 Adjusted EBITDA1 increased to $0.13M compared to $0.09M in Q2 2022, marking the Company's 7th consecutive quarter of positive Adjusted EBITDA, and 13th out of the last 14 quartersQ2 Cash Flow from Operations increased to $0.8M compared to $0.2M in Q2 2022Senior Credit Facility d
Valuation Ratios
Industry
Sector
Beta
N/A
--
--
Price to Sales - TTM
0.08
3.69
4.15
Price to Book - most recent quarter
0.52
0.52
2.18
Price to Cash Flow per share - TTM
--
--
11.62
Price to Free Cash Flow per share - TTM
0.86
0.86
19.25
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Sep 15, 2023 | 3,720 | -10,825 |
| Aug 31, 2023 | 14,545 | -12,980 |
| Aug 15, 2023 | 27,525 | -12,556 |
Business Summary
| Sector: Technology | Industry: Online Services |
EMERGE Commerce Ltd. is a Canada-based acquirer and operator of niche e-commerce brands. The Company's subscription and marketplace e-commerce properties provide its members with access to pet products, premium meat/grocery, and golf. The Company offers merchants and other third-party advertisers a platform to display online advertisements within its e-commerce marketplaces. The Company owns and operates a portfolio of online e-commerce marketplaces in Canada and the United States. Its operating e-commerce brands include truLOCAL.ca, UnderPar.com, JustGolfStuff.ca, CarnivoreClub.co and WholesalePet.com. Its brands connect consumers shopping online with merchants seeking new and repeat customers. The Company's subsidiaries include Emerge Brands Inc., Emerge US Holdings LLC, truLOCAL Inc., truLOCAL US., Inc., Carnivore Club, LLC, Retail Store Networks, Inc., and Athletesvideo Ltd., among others.
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