SPS COMMERCE Reports 24.8% Increase in Revenue and 18.7% Increase in Net Income for Q4 FY 2022.

Earnings report

SPS ($NASDAQ:SPSC): T h e c o m p a n y r e m a i n s f o c u s e d o n p r o v i d i n g r e t a i l e r s a n d e – c o m m e r c e b u s i n e s s e s w i t h e f f i c i e n t a n d e f f e c t i v e s o l u t i o n s f o r s t r e a m l i n i n g s u p p l y c h a i n o p e r a t i o n s a n d s c a l i n g f o r s u c c e s s.

Price History

On Thursday, SPS COMMERCE reported a 24.8% increase in revenue and 18.7% increase in net income for the fourth quarter of Fiscal Year 2022. Following these impressive results, the stock opened at $139.3 and closed at $137.5, representing a slight 0.2% rise from its previous closing price of 137.3. This increase in SPS Commerce‘s revenue and net income can be attributed to their investments in new and improved technologies, a growing customer base across various industries, and their ability to execute and capitalize on market opportunities. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Sps Commerce. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Sps Commerce. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Sps Commerce. More…

Key Ratios Snapshot

Some of the financial key ratios for Sps Commerce are shown below. More…

Analysis

At GoodWhale, we have conducted a thorough analysis of SPS COMMERCE‘s financials and determined that it is a medium risk investment in terms of financial and business aspects. We have identified three primary risk warnings for this company based on our analysis of its income sheet, cashflow statement, and non financial information. Specifically, our review has revealed potential exposure to shortfalls in cash flows or funding, overdependence on customers, and the potential lack of diversification in the business. It is important to note that these are only potential areas of concern and further assessment may be required before any decisions can be made. Our review process takes all available information into account when conducting our analysis and arriving at a risk rating. For those looking to make an informed decision about investing in SPS COMMERCE, our results are available now on goodwhale.com. We invite anyone interested to register on the website and review our findings for themselves. 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

Total revenue increased 24.8% year-over-year to USD 15.9 million, while net income was up 18.7% to USD 122.0 million. This indicates a strong upward trend in the company’s financial performance and is further evidence of the organization’s ability to leverage its strong technology and operational capabilities to deliver reliable and profitable growth for its investors. With a strong financial position and continued investment in innovative technologies, SPS Commerce is well positioned to capitalize on the digital transformation of the retail industry and build upon its success in the years to come.