BigCommerce Q4 revenue $72.4M (+12% YoY); targets profitability in Q4 2023

Commerce.com, Inc.

2022-FY EPS reported -$1.91 revenue$279,075,000

Q4 revenue $72.4M (+12% YoY); total ARR $311.7M (+16%); Enterprise ARR $224M (+30%).
GAAP net loss $33.0M ($0.45 loss per share); non-GAAP net loss $7.7M ($0.10 loss per share).
FY2022 revenue $279.1M (+27% YoY); GAAP net loss $139.9M ($1.91 loss per share).
Q1 2023 guidance: revenue $69.7-72.7M; non-GAAP op loss $8.2-12.2M. FY2023: revenue $301-313M; non-GAAP op loss $15.7-22.7M.
Company plans to achieve profitability in Q4 2023; added CIO Rosie Rivel and SVP/GM EMEA Mark Adams.

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