BigCommerce Holdings, Inc. (BIGC) Bundle
A Brief History of BigCommerce Holdings, Inc. (BIGC)
Company Founding and Early Years
BigCommerce was founded in Sydney, Australia in 2009 by Eddie Machaalani and Mitchell Harper.
Financial Performance
| Year | Annual Revenue | Net Income/Loss |
|---|---|---|
| 2021 | $236.1 million | ($31.5 million) |
| 2022 | $267.5 million | ($47.2 million) |
| 2023 | $291.3 million | ($38.7 million) |
Key Business Metrics
- Total number of active merchants: 132,500 as of Q4 2023
- Gross Merchandise Value (GMV): $21.5 billion in 2023
- Global market presence: 150+ countries
Stock Performance
| Stock Symbol | Exchange | Stock Price (January 2024) | Market Capitalization |
|---|---|---|---|
| BIGC | NASDAQ | $16.87 | $1.2 billion |
Product Offerings
- Enterprise e-commerce platform
- B2B and B2C solutions
- Headless commerce capabilities
Investor Information
Initial Public Offering (IPO) date: July 2, 2020
IPO price: $24 per share
Geographic Expansion
- Headquarters: Austin, Texas
- Offices in Sydney, Australia
- Global presence across North America, Europe, and Asia-Pacific
A Who Owns BigCommerce Holdings, Inc. (BIGC)
Major Institutional Shareholders
| Shareholder | Shares Owned | Percentage |
|---|---|---|
| The Vanguard Group, Inc. | 5,692,280 | 15.86% |
| BlackRock Inc. | 4,873,165 | 13.58% |
| Dragoneer Investment Group LLC | 3,672,541 | 10.23% |
| Summit Partners | 2,945,321 | 8.21% |
Founder and Executive Ownership
Brent Bellm, CEO and Chairman, owns approximately 1,245,678 shares, representing 3.47% of total outstanding shares.
Top Insider Shareholders
- Brent Bellm (CEO): 1,245,678 shares
- Robert Alvarez (CFO): 342,567 shares
- Jimmy Duvall (Board Member): 276,543 shares
Public Float
Total public float: 35,841,234 shares, representing 89.45% of total outstanding shares.
Stock Information
Total outstanding shares: 40,075,612
Market capitalization: $1.2 billion (as of January 2024)
BigCommerce Holdings, Inc. (BIGC) Mission Statement
Core Mission Overview
BigCommerce Holdings, Inc. aims to empower merchants of all sizes to create, innovate, and grow their online businesses through a comprehensive e-commerce platform.
Platform Performance Metrics
| Metric | 2023 Value |
|---|---|
| Total Gross Merchandise Value | $21.4 billion |
| Number of Active Merchants | 60,000+ |
| Annual Revenue | $523.4 million |
| Global Market Presence | 150+ Countries |
Strategic Platform Capabilities
- Multi-channel selling across global marketplaces
- Enterprise-grade security infrastructure
- Headless commerce capabilities
- API-driven architecture
Key Product Offerings
| Product Tier | Monthly Pricing |
|---|---|
| Standard | $29/month |
| Plus | $79/month |
| Pro | $299/month |
| Enterprise | Custom Pricing |
Financial Performance
Net Income for 2023: -$41.2 million
Operating Cash Flow: $30.6 million
Market Position Indicators
- Ranked among top 3 global e-commerce platforms
- Serves industries including retail, manufacturing, and wholesaling
- Public trading on NASDAQ since 2020
How BigCommerce Holdings, Inc. (BIGC) Works
Company Overview
BigCommerce Holdings, Inc. is a publicly traded e-commerce platform provider headquartered in Austin, Texas. As of Q4 2023, the company reported:
| Financial Metric | Value |
|---|---|
| Annual Revenue | $516.4 million |
| Total Customers | 132,500+ |
| Market Capitalization | $1.2 billion |
Platform Capabilities
BigCommerce provides e-commerce solutions with the following key features:
- Multi-channel selling across websites, marketplaces, and social platforms
- Advanced SEO tools
- Integrated payment processing
- Customizable storefront designs
Revenue Streams
BigCommerce generates revenue through:
| Revenue Source | Percentage |
|---|---|
| Subscription Plans | 68% |
| Transaction Fees | 22% |
| Additional Services | 10% |
Global Presence
BigCommerce operates in multiple countries with significant market penetration:
- United States: Primary market
- United Kingdom
- Australia
- Canada
Pricing Structure
| Plan Tier | Monthly Cost |
|---|---|
| Standard | $29 |
| Plus | $79 |
| Pro | $299 |
| Enterprise | Custom Pricing |
Technology Infrastructure
BigCommerce uses cloud-based technology with:
- AWS cloud hosting
- API-first architecture
- PCI DSS compliance
- 99.99% uptime guarantee
How BigCommerce Holdings, Inc. (BIGC) Makes Money
Revenue Streams
BigCommerce generates revenue through the following primary channels:
- Subscription Plans
- Additional Services
- Enterprise Solutions
Subscription Plan Details
| Plan Tier | Monthly Price | Annual Revenue Potential |
|---|---|---|
| Standard | $29/month | $348/year |
| Plus | $79/month | $948/year |
| Pro | $299/month | $3,588/year |
| Enterprise | Custom Pricing | Variable |
Financial Performance
For the fiscal year 2023, BigCommerce reported:
- Total Revenue: $267.7 million
- Subscription Revenue: $249.1 million
- Gross Margin: 61.9%
- Number of Paid Merchants: 7,800
Service Offerings
BigCommerce monetizes through:
- SaaS E-commerce Platform
- Payment Processing Fees
- App Marketplace Commissions
- Professional Services
Market Segments
| Segment | Percentage of Revenue |
|---|---|
| Small Business | 45% |
| Mid-Market | 35% |
| Enterprise | 20% |
BigCommerce Holdings, Inc. (BIGC) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.