secwatch.observer — SEC 8-K summary
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Issuer:     Commerce.com, Inc. (CMRC)
CIK:        0001626450
Form:       8-K
Filed at:   2023-02-23T23:59:59+00:00
Accession:  0001193125-23-046531
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1626450/000119312523046531/0001193125-23-046531-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1626450/000119312523046531/d470884d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-046531

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer