Bigmerce (BIGC)

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BigCommerce Announces First Quarter 2025 Financial Results
Globenewswire· 2025-05-08 11:00
Financial Performance - Total revenue for the first quarter of 2025 was $82.4 million, representing a 3% increase compared to the same period in 2024 [7] - Total annual revenue run-rate (ARR) as of March 31, 2025, was $350.8 million, also up 3% year-over-year [7] - Subscription solutions revenue reached $62.1 million, a 2% increase from the first quarter of 2024 [7] - ARR from enterprise accounts was $263.8 million, marking a 6% increase year-over-year, with enterprise accounts constituting 75% of total ARR [7] - GAAP gross margin improved to 79%, up from 77% in the first quarter of 2024, while non-GAAP gross margin increased to 80% from 78% [7] - The company reported a GAAP loss from operations of $2.4 million, significantly reduced from a loss of $8.2 million in the prior year [7] - Non-GAAP operating income was $7.6 million, compared to $3.2 million in the first quarter of 2024 [7] Business Strategy and Leadership - The CEO of BigCommerce highlighted ongoing transformation efforts, including positive increases in pipeline and leads, and emphasized the importance of reaccelerating growth [2] - The company has brought in new leadership with expertise in SaaS and commerce to strengthen its core offerings [2] - BigCommerce hosted its 2025 Investor Day to discuss strategic vision, product offerings, and long-term growth opportunities [12] Product and Customer Developments - BigCommerce announced updates to its Catalyst storefront technology, enhancing marketing usability and performance [12] - New B2B product enhancements were introduced to improve sales team efficiency and streamline processes [12] - The company launched a three-pronged product initiative to enhance the app-building experience for developers [12] - Notable customer migrations included Kittery Trading Post and EGO, showcasing the platform's capabilities [12] Cash Flow and Financial Outlook - Cash, cash equivalents, restricted cash, and marketable securities totaled $121.9 million as of March 31, 2025 [13] - Net cash provided by operating activities was $401 thousand, a significant improvement from a cash outflow of $3.4 million in the same period in 2024 [13] - The company expects total revenue for the second quarter of 2025 to be between $82.5 million and $83.5 million [15]
BIGC Launches Ticket Sales for YE(Kanye West)'s YE LIVE IN KOREA, PRESENTED BY COUPANG PLAY
GlobeNewswire News Room· 2025-05-07 05:55
Group 1 - BIGC has launched ticket sales for YE's concert in Korea, titled "YE LIVE IN KOREA," presented by Coupang Play [2][4] - The concert is scheduled for May 31, 2025, at Incheon Munhak Stadium and will feature the first live performance of the Donda 2 album, marking YE's first solo concert in Korea in nearly nine years [3][4] - Tickets are available globally, targeting overseas fandoms, with a purchase limit of four tickets per person, and are exclusively available in Korea through Coupang Play [4] Group 2 - BIGC is enhancing its reputation in global live streaming and concert production, aiming to connect artists with fans worldwide through unforgettable experiences [5]
BigCommerce and Feedonomics Announce Winners of APAC Region Customer and Partner Awards to Honor Exceptional Contributions and Results in Ecommerce
Globenewswire· 2025-04-29 12:00
Ecommerce leaders honor the most innovative customers and agency and technology partners for their work pushing ecommerce boundaries to new levels of success AUSTIN, Texas, April 29, 2025 (GLOBE NEWSWIRE) -- BigCommerce (Nasdaq: BIGC), a leading provider of open, composable commerce solutions for B2C and B2B brands, retailers, manufacturers and distributors, today announced the winners of the 2025 BigCommerce and Feedonomics Customer and Partner Awards. The awards programs recognize the most innovative and ...
BigCommerce and Silk Commerce Launch Distributed Ecommerce Hub to Power Scalable Storefront Networks for Dealers, Distributors and Franchises
GlobeNewswire News Room· 2025-04-28 12:00
Distributed Ecommerce Hub is built on top of BigCommerce's powerful B2B Edition and Multi-Storefront capabilities, but extends those features through a turnkey portal experience developed by Silk Commerce. From this portal, brands can launch new stores, assign catalogs, manage themes and track performance across their entire network. Key use cases include: "We designed Distributed Ecommerce Hub to meet the needs of complex, distributed organizations who want to scale ecommerce without sacrificing control," ...
BigCommerce and Feedonomics Announce Winners of Americas Region Customer and Partner Awards to Honor Exceptional Contributions and Results in Ecommerce
Newsfilter· 2025-04-21 12:00
Core Insights - BigCommerce announced the winners of the 2025 BigCommerce and Feedonomics Customer and Partner Awards in the Americas region, recognizing innovative customers and partners on their platforms [1][2] - The awards featured 24 categories evaluated by a panel of BigCommerce and Feedonomics employees and executives, highlighting exceptional achievements in ecommerce [2] BigCommerce Customer Awards - Achievement in Growth Award recognizes exceptional growth and success achieved with BigCommerce [4] - B2B Excellence Award acknowledges leadership in B2B ecommerce [4] - Design Award celebrates captivating storefront designs [4] - Shopper Experience Award honors exceptional customer experiences [4] - Innovation Award recognizes cutting-edge ecommerce solutions [4] Feedonomics Customer Awards - Feedonomics Innovative Integration Award recognizes exceptional creativity in integrating Feedonomics [6] - Feedonomics Exemplary Efficiency Award honors outstanding operational efficiency achieved with Feedonomics [6] - Feedonomics Global Expansion Award acknowledges successful international market expansion using Feedonomics [6] - Achievement in Growth Award presented to DoorDash for exceptional growth with Feedonomics [7] BigCommerce Agency Partner Awards - Agency Partner of the Year awarded for best overall performance in EMEA [9] - Agency B2B Excellence Award recognizes agency partners excelling in B2B solutions [9] - Catalyst Delivery Award honors agencies leveraging Catalyst for custom development [10] - User Experience & Design Award awarded for visually appealing designs enhancing user experience [10] - Excellence in Delivery Award recognizes agencies launching BigCommerce storefronts on time and budget [10] BigCommerce Technology Partner Awards - Tech Partner of the Year awarded to Klaviyo for superior user experience [12] - Innovative Integration Award given to ResolvePay for solving critical needs [12] - Customer Growth Award presented to TradeCentric for generating significant revenue growth [12] - Technology B2B Excellence Award awarded to BlueSnap for meeting B2B customer needs [12] - Emerging Partner Award given to Wayflyer for superior user experience and growth [12] Feedonomics Partner Awards - Feedonomics Partner of the Year awarded to Power Digital for highest revenue sourcing [14] - Innovation Award recognizes partnership with Walmart for disrupting legacy technology [14] - Emerging Partner Award celebrates MediaScale Partners for exceptional promise and leadership [15]
BigCommerce to Announce First Quarter 2025 Financial Results on May 8, 2025
Newsfilter· 2025-04-16 20:30
Core Viewpoint - BigCommerce Holdings, Inc. will report its financial results for Q1 2025 on May 8, 2025, before market open [1] Group 1: Financial Reporting - The financial results and business highlights will be discussed in a conference call and webcast on May 8, 2025, at 7:00 a.m. CT [2] - A telephone replay of the conference call will be available until May 15, 2025, with specific dialing instructions provided [3] Group 2: Company Overview - BigCommerce is a leading open SaaS and composable ecommerce platform that supports B2C and B2B brands and retailers [4] - The platform is utilized by tens of thousands of companies across 150 countries, including notable brands like Coldwater Creek and Harvey Nichols [4]
BigCommerce and Feedonomics Announce Winners of EMEA Customer and Partner Awards to Honor Exceptional Contributions in Ecommerce
GlobeNewswire News Room· 2025-04-03 12:00
Core Insights - BigCommerce announced the winners of the 2025 BigCommerce and Feedonomics Customer and Partner Awards, recognizing innovative customers and partners on their platforms [1][2] - The awards program featured 24 categories evaluated by a panel of BigCommerce and Feedonomics employees and executives, highlighting exceptional achievements in ecommerce [2] BigCommerce Customer Awards - Achievement in Growth Award recognizes exceptional growth and success achieved with BigCommerce [4] - B2B Excellence Award acknowledges leadership in B2B ecommerce [4] - Design Award celebrates captivating storefront designs [4] - Shopper Experience Award acknowledges exceptional customer experiences [4] - Innovation Award honors cutting-edge solutions in ecommerce [4] Feedonomics Customer Awards - Feedonomics Innovation Award celebrates AI-driven strategies, awarded to On Running [6] - Feedonomics Omnichannel Success Award recognizes integrated online to offline customer experiences, awarded to Euro Car Parts [6] - Feedonomics Global Expansion Award acknowledges leadership in global growth, awarded to COS [6] - Feedonomics Achievement in Growth Award highlights material growth via Feedonomics, awarded to Charles Tyrwhitt [6] - Feedonomics Performance Transformation Award recognizes holistic partnership approaches, awarded to Boots [7][6] BigCommerce Agency Partner Awards - Agency Partner of the Year awarded for overall performance in EMEA, recognizing De Nieuwe Zaak [9] - B2B Excellence Award for agency partners excelling in B2B solutions, awarded to De Nieuwe Zaak [9] - User Experience & Design Award for best user experience integration, awarded to Dark Matter Commerce (Space 48) [9] - Creative Problem Solving Award for visually appealing designs, awarded to Agency51 [9] - South Partner of the Year awarded to Ebolution for overall performance in Southern Europe [10] - Excellence in Delivery Award for timely and budget-friendly storefront launches, awarded to Apply Digital [10] BigCommerce Technology Partner Awards - Partner of the Year awarded to Klarna for superior user experience [12] - Innovative Integration Award for new critical solutions, awarded to Noibu [12] - Customer Growth Award for revenue growth solutions, awarded to Bloomreach [12] Feedonomics Partner Awards - Feedonomics Partner of the Year awarded to Jellyfish for highest revenue sourcing [15] - Innovation Award for partnerships that disrupt legacy technology, awarded to VML [15] - Emerging Partner Award for promising agency partners making significant impacts [15]
BigCommerce Becomes NAED Corporate Partner to Advance Digital Innovation in Electrical Distribution, a Key B2B Market
Newsfilter· 2025-04-01 12:00
Core Insights - BigCommerce has announced a corporate partnership with the National Association of Electrical Distributors (NAED) to enhance digital transformation in the electrical distribution industry [1][2] - The partnership aims to empower manufacturers and distributors to adopt digital-first strategies, modernize sales channels, and improve operational efficiency [2][3] - BigCommerce will focus on key initiatives such as the Digital Center of Excellence and workforce development programs to address talent shortages in the industry [3][4] Company Overview - BigCommerce is a leading open SaaS and composable ecommerce platform that supports B2C and B2B brands, retailers, manufacturers, and distributors globally [5] - The platform is utilized by tens of thousands of companies across 150 countries, providing them with professional-grade functionality and ease of use [5]
BigCommerce Appoints Technology Veteran Andrew Norman to Lead EMEA Growth
Globenewswire· 2025-03-26 12:00
Core Insights - BigCommerce has appointed Andrew Norman as the senior vice president and general manager for EMEA, bringing over 25 years of experience in international expansion for SaaS companies [1][2] - Norman's role will focus on leading BigCommerce's go-to-market strategy in the EMEA region, leveraging his extensive background in the ecommerce market [2][3] - The CEO of BigCommerce, Travis Hess, emphasized Norman's exceptional record in scaling international technology companies and his extensive network of strategic partnerships, which are expected to enhance market penetration and innovation [3] Company Overview - BigCommerce is a leading provider of open, composable commerce solutions for B2C and B2B brands and retailers, with a strong track record of helping various businesses grow in the EMEA region [1][5] - The platform empowers brands, retailers, manufacturers, and distributors of all sizes to build and grow their online businesses, offering sophisticated functionality and ease of use [5] - BigCommerce serves tens of thousands of companies across 150 countries, including notable clients like Coldwater Creek and Harvey Nichols [5]
BigCommerce Enhances B2B Features to Improve Operational Efficiency and Drive Revenue Growth for Merchants
Newsfilter· 2025-03-25 12:00
Core Insights - BigCommerce has introduced enhancements to its B2B products aimed at improving sales team efficiency and streamlining processes to better respond to market demands and foster growth [1][2] Product Enhancements - The new features include Configure-Price-Quote (CPQ) and Multi-Company Account Hierarchy with Advanced Permissioning, which facilitate faster quote conversion and reduce redundant account management tasks [2][7] - Enhanced Account Hierarchy and Advanced Permissioning are designed for complex B2B environments, supporting enterprise-level account structures and role-based permissions, enabling rapid scaling while maintaining a personalized customer experience [5][6] Market Impact - These updates are expected to significantly improve operational efficiency for manufacturers, distributors, and wholesalers, allowing sales teams to focus on customer relationships rather than workflow management [3][5] - The Multi-Company Account Hierarchy feature provides better access control and management for enterprises with multiple branches, enhancing reporting capabilities [3][4] Customer Benefits - The CPQ product aims to accelerate quote-to-cash cycles, drive revenue growth, and enhance customer satisfaction by streamlining the quoting process [6][8] - Features of CPQ include support for multi-tier account structures, intuitive configuration tools, granular access control, and self-service capabilities for buyers [7][10] Strategic Positioning - BigCommerce positions itself as a forward-thinking B2B ecommerce solution provider, combining agility with enterprise-grade functionality without incurring high costs, thereby supporting digital transformation for its clients [8]