CALGARY, Alberta, Feb. 04, 2026 (GLOBE NEWSWIRE) -- Vitalist Inc. (TSX-V: VITA.V; OTCQB: VTLSF) (“Vitalist”, “we”, “our” or the “Company”), a dynamic global smartwatch company known for its strategic partnerships with global brands, today announced it has entered into a strategic agreement with Pattern Inc., a subsidiary of Pattern Group Inc. (NASDAQ: PTRN) (“Pattern”), a category leader in global e-commerce acceleration. This partnership is executed under the recently announced Global Ecommerce Marketplace ...

Company Overview - Pattern Group (PTRN) was founded in 2013 and operates as an e-commerce accelerator, focusing on distributing products across global e-commerce marketplaces, primarily Amazon [1]. Business Model - The company employs a wholesaler model, acquiring inventory directly from brands to facilitate distribution [1].

Core Insights - Pattern Group Inc. (NASDAQ:PTRN) is recognized as one of the 15 software stocks with significant upside potential, with its stock rising 15% in a month due to the acquisition of NextWave [1] - The acquisition of NextWave, a TikTok commerce agency, enhances Pattern's e-commerce capabilities by adding creator affiliate partner capabilities and access to a large network of creators and affiliates [1][2] Group 1: Acquisition Details - Pattern Group announced the acquisition of NextWave on December 18, 2025, which focuses on creator-led product discovery and TikTok Shop operations [1] - NextWave was founded in 2022 and has established a strong presence in the TikTok ecosystem, assisting brands with content production and creator management [2] Group 2: Financial and Market Position - Financial terms of the acquisition have not been disclosed, but it is expected to significantly enhance Pattern's e-commerce acceleration platform [1] - Dave Wright, Co-founder and CEO of Pattern, emphasized NextWave's effectiveness in the TikTok Shop and creator-commerce space [2] Group 3: Company Operations - Pattern Group accelerates various brands on e-commerce marketplaces using proprietary technology and AI, selling directly to consumers across multiple industries [3]

Summary of Pattern Group FY Conference Call (January 14, 2026) Company Overview - **Company Name**: Pattern Group (NasdaqGS: PTRN) - **Business Model**: Pattern operates in the digital e-commerce space, connecting brands with consumers through various online marketplaces. The company does not engage in brick-and-mortar sales, focusing instead on platforms like Amazon, Walmart, Tmall, and others. [3][4] Core Technology and Operations - **Technology Stack**: Pattern utilizes a sophisticated tech platform that employs machine learning and natural language processing to optimize brand revenue. The company holds 29 patents related to its technology. [5][6] - **Keyword Optimization**: The company analyzes keyword performance to enhance product visibility and sales, making millions of bid changes daily across platforms. [9][10] - **Data Utilization**: Pattern collects 120 billion data points weekly, leveraging this data to inform marketing strategies and product placements. [22] Industry Insights - **E-commerce Trends**: The company anticipates that by 2030, 10%-30% of shopping will originate from large language models (LLMs). Currently, 27% of searches involve product-related queries. [16][18] - **Agentic Shopping**: The rise of agentic shopping, where consumers can execute purchases through AI assistants, is seen as a significant trend that could reshape e-commerce. [17][21] Financial Performance - **Revenue Growth**: Pattern reported a total revenue of approximately $2.3 billion, with a notable increase in net revenue retention (NRR) from 115% in Q1 2025 to 122% in the last quarter. [28][31] - **Cost Efficiency**: The company has reduced its cost to serve by three percentage points since 2022, indicating improved operational efficiency. [38] Market Position and Competition - **Competitors**: Pattern does not face direct competition from traditional tech platforms that prefer a SaaS model. Instead, it competes with logistics-focused companies that may lack technological capabilities. [41][42] - **Amazon Dependency**: Over 90% of Pattern's revenue comes from Amazon, but the company has contracts that allow for cost adjustments in response to changes in Amazon's fee structure, mitigating risk. [52][53] Consumer Behavior and Market Trends - **Holiday Season Performance**: The company observed a 7%-8% increase in e-commerce during the holiday season, indicating healthy consumer spending. [28] - **Growth in New Marketplaces**: Pattern has seen significant growth in TikTok (391%) and Coupang in South Korea, highlighting the potential of emerging platforms. [55] Inventory Management - **Inventory Strategy**: Pattern views inventory as an asset, having improved its days of inventory on hand from over 100 to the low 70s, enhancing cash flow management. [63][65] Future Outlook - **Margin Expansion**: The company aims for a long-term margin target of 10%, driven by operational efficiencies and new monetization models. [70][71] - **Technological Advancements**: Future tech developments include agentic workflows that enhance data-driven decision-making and operational efficiency. [66][68] Conclusion - Pattern Group is positioned as a leader in the digital e-commerce space, leveraging advanced technology and data analytics to optimize brand performance across multiple marketplaces. The company is focused on expanding its market presence while managing risks associated with dependency on Amazon and the health and wellness sector.

Pattern Group Inc. (NASDAQ:PTRN) is one of the best low priced technology stocks to buy according to analysts. On December 11, Jefferies lowered the firm’s price target on Pattern Group to $20 from $21 with a Buy rating on the shares. The firm’s 2026 outlook suggests being highly selective with Internet equities. Jefferies cites two main headwinds: rising costs that could stall margin growth, and fears that AI will cut out the middleman, making investors less willing to pay a premium for these stocks. Ad ...

Core Insights - Pattern Group Inc. has acquired NextWave, enhancing its capabilities in TikTok commerce and creator-led product discovery [1][2][3] Group 1: Acquisition Details - The acquisition aims to accelerate Pattern's ability to assist brands in reaching new customers through the growing TikTok Shop and social commerce [2] - NextWave specializes in TikTok Shop operations, live selling, and has a network of over 1,200 managed creators and more than 300,000 affiliates on TikTok [2][4] Group 2: Strategic Implications - The combined expertise of Pattern and NextWave positions the company to become a leading force in social selling, leveraging creator-led content for product discovery and conversion [3][4] - The integration will unify creator-led demand generation with marketplace performance, providing comprehensive data and operational support across various platforms including TikTok Shop, Amazon, and Walmart [4] Group 3: Company Background - Pattern Group leverages proprietary technology and AI to optimize ecommerce growth for global brands, utilizing over 46 trillion data points [5] - The company supports hundreds of global brands across more than 60 marketplaces, including major platforms like Amazon and TikTok Shop [5]

9月19日，跨境电商加速平台Pattern Group（下称"Pattern"或"公司"）宣布，其普通股首次公开发行 （IPO）于美国东部时间当日在纳斯达克全球精选市场挂牌交易，股票代码为"PTRN"。此次IPO共发行 21,428,572股A类普通股，其中包含公司新发行的10,714,286股及现有股东出让的10,714,286股，发行定 价为每股14.00美元，合计募资3.0亿美元。截至上周五收盘，Pattern股价报15.63美元，较发行价上涨 11.64%，对应市值达27.51亿美元，这一表现充分体现了市场对其业务模式与增长潜力的高度认可。 Pattern从亚马逊一家卖冰箱贴的小店起步，后来逐步研发了为电商销售加速的人工智能和机器学习技 术。目前其业务主要包括：一是采购品牌产品，直接在各大平台销售；二是代运营，为品牌提供涵盖运 营、渠道、营销、履约交付等在内的一站式跨境电商解决方案。此外还有物流履约、软件与数据营销 等。核心就是帮品牌运营线上渠道并转化为销量。 根据招股书，Pattern的收入来源多元，包括经销差价、服务佣金、SaaS订阅费以及定制化咨询服务等， 业务覆盖全球 60多个主流电商平台，包 ...

Financial Performance - Total revenues for the nine months ended September 30, 2025, reached $1,778.2 million, up from $1,280.7 million in the same period of 2024, representing a growth of approximately 39%[121] - Adjusted EBITDA for the nine months ended September 30, 2025, was $109.99 million, compared to $73.74 million in 2024, reflecting a year-over-year increase of about 49%[110] - Revenues for the three months ended September 30, 2025, increased by 45.6% to $639,655,000, driven by a 122% net revenue retention rate and significant growth in both Amazon and non-Amazon marketplaces[123] - For the nine months ended September 30, 2025, revenues increased by 38.8% to $1,778,211,000, supported by a 122% net revenue retention rate and substantial growth in international markets[132] Cost and Expenses - Cost of goods sold for the nine months ended September 30, 2025, was $1,002.1 million, up from $719.8 million in 2024, indicating a rise of approximately 39%[121] - Cost of goods sold for the same period rose by 43.0% to $356,132,000, reflecting a smaller percentage increase compared to revenue due to product and brand mix[124] - Operating expenses for the three months ended September 30, 2025, totaled 109.4% of revenue, with significant increases in general and administrative expenses by 106.6% to $177,936,000, largely due to stock-based compensation[125][128] - Research and development expenses surged by 503.9% to $24,584,000, primarily driven by stock-based compensation and increased headcount in technology roles[129] Profitability - Operating income for the nine months ended September 30, 2025, showed a loss of $642, compared to a profit of $64.1 million in 2024, highlighting a significant decline in operational profitability[121] Cash Flow and Financing - Cash and cash equivalents as of September 30, 2025, stood at $312.8 million, bolstered by $135.0 million in proceeds from the IPO after expenses[139] - Net cash provided by operating activities for the nine months ended September 30, 2025, was $90,913,000, influenced by significant non-cash adjustments[142] - Net cash provided by operating activities was $68.9 million for the nine months ended September 30, 2024, consisting of $49.7 million of net income, $10.9 million of non-cash adjustments, and a cash increase of $8.4 million from working capital management[143] - As of September 30, 2025, the company had a $150 million borrowing capacity under a revolving credit facility, with no outstanding borrowings[149] - The revolving credit facility bears interest at a variable base rate plus an applicable margin ranging from 0.50% to 2.00%[148] Taxation - The provision for income taxes for the nine months ended September 30, 2025, showed a significant decrease of 193.5% to a benefit of $(16,202,000), primarily due to stock compensation and non-deductible expenses[138] Operational Insights - The company operates across more than 60 marketplaces, utilizing over 46 trillion data points to optimize ecommerce growth[96] - The technology platform is supported by approximately 400 professionals, including software engineers and data scientists, enhancing operational capabilities[98] - The company has developed strong relationships with over 200 brand partners across various industries, including health and wellness, beauty, and consumer electronics[98] - The company’s operating model leverages global economies of scale to optimize costs while investing in future growth, enhancing operational efficiencies through technology and warehouse automation[102] Stock and Amendments - The stock amendment expense recognized was $32.7 million, a non-cash expense related to the amendment of the Founder Preferred Stock, which is not expected to recur[119] - The company recognized a non-cash stock amendment expense of $32,676,000 in 2025, related to changes in the conversion terms of its preferred stock, which is not expected to recur[130] Risk Management - The company monitors foreign currency risk as fluctuations may impact financial results, although historically, transaction gains and losses have not been material[156] - The company has not engaged in foreign currency hedging transactions but may consider it in the future[156] - The company continues to monitor inflation impacts and aims to offset higher costs through pricing strategies and cost efficiency measures[158] - As of September 30, 2025, there have been no material changes to contractual obligations or commitments from previous disclosures[151]

Financial Data and Key Metrics Changes - Revenue grew 46% year-over-year to $639.7 million, driven by both new and existing brands [5][15] - Net revenue retention (NRR) reached an all-time high of 122% [5][15] - Adjusted EBITDA increased 88% to $41.1 million, reflecting a 6.4% margin, up from 5% a year ago [5][15] Business Line Data and Key Metrics Changes - Total revenue not attributable to Amazon grew 81% year-over-year, reaching $47.1 million [6][15] - Revenue outside Amazon represented 7.4% of total revenue in Q3 2025, up from 5.9% in Q3 2024 [6] - International revenue grew 72% year-over-year to $52.9 million, representing 8.3% of total revenue, up from 7.0% a year ago [6][17] Market Data and Key Metrics Changes - Coupang revenue grew more than 150 times from the prior quarter, contributing $4.5 million in Q3 [11][15] - Walmart grew 96% and TikTok Shop grew 392% off a small base [15][65] - Europe grew 73%, APAC grew 68%, and MENA grew 222% [44] Company Strategy and Development Direction - The company focuses on investing in its intelligence layer and expanding channels and markets [10][11] - Aims to reduce brand friction through integrated technology and scalable logistics [12] - Plans to drive scale and efficiency as a strategic moat for brand partners [12][13] Management's Comments on Operating Environment and Future Outlook - Management has not seen material effects on business or decreased consumer demand despite macroeconomic challenges [23] - For Q4, the company expects revenue in the range of $680-$700 million, representing 32%-36% growth year-over-year [24] - Full-year 2025 revenue growth is anticipated at 37%, coupled with 48% adjusted EBITDA growth [25] Other Important Information - The company raised $135 million net of fees in its September IPO and had $313 million in cash and cash equivalents with zero debt as of quarter end [21][22] - GAAP net loss was $59 million, which includes IPO-related charges [19] Q&A Session Summary Question: Views on Agentic Commerce and its impact - Management believes the shift towards agentic shopping is significant, with a growing number of consumers using AI tools for product research [30][31] Question: Revenue growth from existing and new brands - Existing brand revenue growth was strong, with record NRR of 122%, driven by traffic and conversion improvements [32][39] Question: International capabilities and investments - International growth is a strong moat, with significant growth in Europe, APAC, and MENA, and investments are focused on technology and logistics [43][44] Question: Guidance for Q4 revenue and new brand contributions - Q4 guidance reflects strong growth expectations, with a focus on long-term trends rather than quarterly fluctuations [46][47] Question: Product roadmap and logistics role - The company is focused on developing its intelligence layer and improving logistics efficiency to reduce costs for brands [53][55] Question: Density in verticals and its economic impact - Increasing density in verticals enhances data advantages, improving conversion rates and overall performance for brands [61] Question: Growth from revenue outside Amazon - Revenue from non-Amazon marketplaces was up 81% year-over-year, with significant contributions from new marketplaces like Coupang [64]

Revenue Growth - Record revenue of $640 million in Q3 2025, representing a 46% year-over-year growth[1] - Total revenue not attributable to Amazon increased by 81% year-over-year, reaching $47.1 million[6] - International revenue hit a record of $53 million, up 72% year-over-year, with strong performance in Europe, Asia-Pacific, and the Middle East[6] - Anticipated full year 2025 revenue growth of 37% and adjusted EBITDA growth of 48%[5] - Projected Q4 2025 revenues in the range of $680 million to $700 million, indicating 32% to 36% growth year-over-year[12] Net Revenue Retention - Net Revenue Retention (NRR) reached 122%, up from 113% in the prior year period[1] EBITDA and Cash Flow - Adjusted EBITDA (non-GAAP) for Q3 2025 was $41 million, an 88% increase year-over-year[6] - Free Cash Flow (non-GAAP) for the trailing twelve months was $71 million, up from $49 million in the prior period[6] - Adjusted EBITDA for the three months ended September 30, 2024, was $21,831 thousand, increasing to $41,054 thousand in 2025, indicating a growth of approximately 88%[28] - Free cash flow for the last twelve months ended September 30, 2024, was $70,775 thousand, compared to $48,586 thousand in 2025, reflecting a decrease of about 31%[29] - Net cash provided by operating activities for the trailing twelve months ended September 30, 2025, was $92 million, compared to $67 million in the prior period[6] - The net cash provided by operating activities increased from $66,509 thousand in 2024 to $92,373 thousand in 2025, representing a growth of approximately 39%[29] Assets and Liabilities - Total assets increased from $664,422 thousand as of December 31, 2024, to $843,109 thousand as of September 30, 2025, representing a growth of approximately 27%[19] - Total current assets rose from $558,082 thousand to $718,085 thousand, an increase of approximately 29%[19] - Total current liabilities increased from $257,699 thousand to $279,022 thousand, a rise of about 8%[19] - The company’s total liabilities increased from $285,097 thousand to $301,736 thousand, reflecting an increase of approximately 6%[19] Cash and Retained Earnings - The company reported a significant increase in cash and cash equivalents from $175,615 thousand to $312,803 thousand, a growth of approximately 78%[19] - The company’s retained earnings were reported at $106,855 thousand as of December 31, 2024, with no retained earnings reported as of September 30, 2025[19] Net Income and Loss - Net loss attributable to common stockholders was $223 million, including a $164 million non-cash deemed dividend related to the IPO[6] - Net income for the three months ended September 30, 2024, was $14,196 thousand, while for the same period in 2025, it showed a loss of $59,059 thousand[28]