Sps Commerce Intrinsic Value Calculator – SPS COMMERCE Reports Fourth Quarter Earnings Results for Fiscal Year 2022
February 22, 2023

Earnings Overview
On February 9, 2023, SPS COMMERCE ($NASDAQ:SPSC) announced its financial results for the fourth quarter of fiscal year 2022, which ended on December 31, 2022. The company saw a 24.8% increase in total revenue compared to the same period in the prior year, amounting to USD 15.9 million. Additionally, net income rose year-over-year by 18.7%, totaling USD 122.0 million.
Transcripts Simplified
Fourth quarter and full year 2022 revenue was $122 million and $450.9 million, respectively. Adjusted EBITDA for the quarter was $35 million, and for the year it was $132.3 million. Total cash and investments as of the end of the year was $214 million. For the first quarter of 2023, SPS Commerce expects revenue to be in the range of $123.3 million to $124.3 million. For the full year, it expects revenue to be in the range of $523 million to $526 million.
Adjusted EBITDA for Q1 2023 is expected to be in the range of $35 million to $35.7 million, with non-GAAP diluted earnings per share expected to be in the range of $0.56 to $0.57. For the full year, fully diluted earnings per share is expected to be in the range of $1.49 to $1.55, and non-GAAP diluted earnings per share is expected to be in the range of $2.63 to $2.69. SPS Commerce maintains its expectation of annual revenue growth of 15% or greater, and adjusted EBITDA dollar growth of 15% to 25%, with a long-term target model for adjusted EBITDA margin of 35%.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Sps Commerce. More…
| Total Revenues | Net Income | Net Margin |
| 450.88 | 55.13 | 12.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Sps Commerce. More…
| Operations | Investing | Financing |
| 100.05 | -112.79 | -31.63 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Sps Commerce. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 672.91 | 135.84 | 14.09 |
Key Ratios Snapshot
Some of the financial key ratios for Sps Commerce are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 17.3% | 22.8% | 15.8% |
| FCF Margin | ROE | ROA |
| 17.8% | 8.5% | 6.6% |
Share Price
According to the report, SPS COMMERCE stock opened at $139.3 and closed at $137.5, up by 0.2% from its previous closing price of 137.3. This increase in the stock price resulted from the company’s better-than-expected financial results. These strong financial results drove SPS COMMERCE stock up 0.2% from its previous closing price. The impressive earnings results have garnered praise from investors and analysts alike.
Moreover, SPS COMMERCE is expecting further growth in the upcoming quarters due to its continued investments in technology and innovation. Clearly, SPS COMMERCE is well-positioned to deliver additional value to its investors. Live Quote…
Analysis – Sps Commerce Intrinsic Value Calculator
At GoodWhale, we conducted an analysis of SPS COMMERCE’s fundamental metrics, using our proprietary Valuation Line. This analysis revealed that the company’s fair value per share is around $124.5. However, the stock is currently being traded at $137.5, which suggests an overvaluation of 10.4%. In conclusion, the stock is currently trading above its estimated fair value. More…
Peers
The company offers a suite of solutions that enable businesses to automate and optimize their supply chain operations. Its competitors include Equal Trading Inc, TradeGo FinTech Ltd, and Oidon Co Ltd.
– Equal Trading Inc ($OTCPK:EQTD)
SalaryGo is a leading financial technology company that provides innovative solutions to businesses and individuals worldwide. The company has a market capitalization of 534M as of 2022 and a return on equity of 14.25%. SalaryGo’s products and services include online banking, mobile banking, personal finance management, and investment management. The company also offers a range of other financial services, such as credit cards, loans, and insurance.
Summary
Investors may be interested in SPS COMMERCE‘s recent fourth quarter financial results for the fiscal year 2022, as total revenue saw an impressive 24.8% year-over-year increase to USD 15.9 million and net income was up 18.7% to USD 122.0 million. This strong performance suggests that SPS COMMERCE is well-positioned to continue its growth in the future, making it a potentially attractive investment target. Investors should perform their own due diligence and research before considering investing in the company.
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