Thu, May 8, 11:17 AM (15 days ago)
**BigCommerce Holdings, Inc. (BIGC) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $82.4 million, up 2.5% YoY, driven by increases in both subscription solutions and partner services revenue. - **Gross Profit:** $65.4 million, up 5.6% YoY, with a gross margin of 79.4%. - **Net Loss:** $0.4 million, significantly improved from a $6.4 million loss in Q1 2024. - **Cash Flow:** Positive operating cash flow of $0.4 million, a reversal from a $3.4 million outflow in Q1 2024. **Profit Margins & Cash Flow:** - **Operating Expenses:** $67.8 million, down 3.4% YoY, with reductions in sales, marketing, and R&D expenses. - **Cash Flow from Investing Activities:** $17.4 million, driven by sales and maturities of marketable securities. - **Cash Flow from Financing Activities:** $(54.9) million, primarily due to repayment of convertible notes. **Earnings & Trends:** - **Earnings per Share (EPS):** $(0.00), improved from $(0.08) in Q1 2024. - **Trends:** Continued focus on cost reduction, operational efficiency, and strategic investments in core products and AI capabilities. **Uncertainties & Future Operations:** - **Macroeconomic Environment:** Monitoring trade policies and tariffs, potential impacts on international sellers. - **Strategic Initiatives:** Expansion of platform capabilities, AI integration, and new product launches like BigCommerce Payments. - **Financial Position:** Strong liquidity with $53.2 million in cash and cash equivalents, sufficient to meet working capital and capital expenditure needs. **Key Metrics:** - **ARR:** $350.8 million, up from $349.6 million in Q4 2024. - **Subscription ARR:** $264.9 million, up from $264.5 million in Q4 2024. - **Enterprise Accounts:** 5,825, with ARR attributable to enterprise accounts at $263.8 million. **Outlook:** - **Revenue Growth:** Expected to continue, driven by customer acquisition, revenue growth with existing customers, and market expansion. - **Operational Efficiency:** Focus on profitable growth, operating leverage, and healthy cash flow. - **Investments:** Continued investment in strategic offerings, B2B and B2C solutions, and new partnerships. **Risks:** - **Market Risks:** Interest rate changes, foreign currency fluctuations, and credit risks. - **Operational Risks:** Dependence on key personnel, integration of acquisitions, and technological changes. - **Regulatory Risks:** Compliance with evolving regulations and cybersecurity needs. **Conclusion:** BigCommerce Holdings, Inc. (BIGC) demonstrated improved financial health in Q1 2025, with increased revenue, reduced losses, and positive cash flow. The company continues to invest in strategic initiatives and monitor macroeconomic uncertainties while maintaining a focus on operational efficiency and growth.