Private company
CHANNELADVISOR CORP
American prepackaged software services company, incorporated in Delaware1
In its 2022 annual report the company says: “We are a leading provider of cloud-based e-commerce solutions whose mission is to connect and optimize the world's commerce. Our multichannel commerce platform allows our customers to connect to hundreds of global channels, market to consumers on those channels, sell products, manage fulfillment processes, and analyze and optimize channel performance.”53 It is headquartered in Morrisville, North Carolina.1
Last updated Oct 21, 2026.
Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2021
Where the money goes
Where each dollar of revenue went, fiscal 2021
- Cost of revenue23¢$38.2M
- Research and development13¢$22.4M
- Other costs18¢$30.8M
- Income tax17¢$29.1M
- Profit28¢$47.2M
Out of $167.7M in revenue.3
Where each dollar of operating cash went, fiscal 2021
- Capital spending5¢$1.6M
- Kept or used elsewhere95¢$32.6M
Out of $34.3M of cash from operations.3
Financial statements
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Revenue | $100.6M4 | $113.2M5 | $122.5M6 | $131.2M7 | $130.0M3 | $145.1M3 | $167.7M3 |
| Cost of revenue | $31.1M5 | $29.1M6 | $29.5M7 | $29.0M3 | $30.4M3 | $38.2M3 | |
| Gross profit | $74.8M4 | $82.1M5 | $93.4M6 | $101.7M7 | $101.0M3 | $114.7M3 | $129.5M3 |
| Research and development | $16.6M4 | $17.7M5 | $21.9M6 | $22.4M7 | $19.2M3 | $19.0M3 | $22.4M3 |
| Operating expenses | $110.6M3 | ||||||
| Operating income | -$21.2M4 | -$13.8M5 | -$16.6M6 | -$7.5M7 | $3.8M3 | $19.1M3 | $18.9M3 |
| Income before tax | $18.1M3 | ||||||
| Income tax | -$185.0K4 | -$5.7M5 | $284.0K6 | $614.0K7 | $689.0K3 | $443.0K3 | -$29.1M3 |
| Net income | -$21.0M4 | -$16.6M6 | -$16.6M6 | -$7.6M7 | $3.5M3 | $18.8M3 | $47.2M3 |
| Earnings per share | -$0.636 | -$0.287 | $0.123 | $0.663 | $1.593 | ||
| Earnings per share (diluted) | -$0.636 | -$0.287 | $0.123 | $0.633 | $1.503 | ||
| Shares (weighted, basic) | 29.8M shares3 | ||||||
| Shares (weighted, diluted) | 31.5M shares3 |
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Cash | $65.4M6 | $65.4M5 | $53.4M6 | $47.2M6 | $51.8M7 | $71.5M3 | $100.6M3 |
| Receivables | $28.9M3 | ||||||
| Current assets | $88.8M10 | $95.8M4 | $97.3M5 | $79.9M6 | $84.4M7 | $110.1M3 | $144.9M3 |
| Property, plant and equipment | $7.7M3 | ||||||
| Goodwill | $30.0M3 | ||||||
| Intangible assets | $3.1M3 | ||||||
| Total assets | $131.0M10 | $139.2M4 | $140.5M5 | $134.3M6 | $146.9M7 | $180.7M3 | $240.0M3 |
| Accounts payable | $1.5M3 | ||||||
| Current liabilities | $36.4M10 | $43.7M4 | $51.5M5 | $38.7M6 | $36.4M7 | $43.0M3 | $48.9M3 |
| Total liabilities | $47.0M10 | $52.2M4 | $58.6M5 | $44.6M6 | $47.2M7 | $50.6M3 | $51.8M3 |
| Retained earnings | -$110.5M3 | ||||||
| Shareholders’ equity | $83.9M5 | $87.0M6 | $81.9M7 | $89.6M3 | $99.6M3 | $130.1M3 | $188.2M3 |
| Shares outstanding | 25.2M shares10 | 26.0M shares4 | 26.6M shares5 | 27.3M shares6 | 28.1M shares7 | 29.0M shares3 | 30.2M shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -$1.5M4 | $11.6M5 | -$3.0M6 | $1.2M7 | $13.0M3 | $34.3M3 | $34.3M3 |
| Depreciation and amortization | $6.6M3 | ||||||
| Stock-based compensation | $12.0M3 | ||||||
| Capital spending | $4.1M4 | $1.8M5 | $2.8M6 | $2.0M7 | $986.0K3 | $1.7M3 | $1.6M3 |
| Free cash flow | -$5.5M | $9.8M | -$5.8M | -$815.0K | $12.0M | $32.6M | $32.6M |
| Cash from investing | -$5.0M3 | ||||||
| Share buybacks | |||||||
| Cash from financing | -$16.0K3 |
Corporate structure
CHANNELADVISOR CORP sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of CHANNELADVISOR CORP
- ArrowMark Colorado Holdings LLC Filed SC 13G/A on CHANNELADVISOR CORP, latest Feb 15, 2023 (2 filings since Feb 14, 2022)
- Magnetar Financial LLC Filed SC 13D/A on CHANNELADVISOR CORP, latest Nov 17, 2022 (3 filings since Sep 23, 2022)
- DRIEHAUS CAPITAL MANAGEMENT LLC Filed SC 13G/A on CHANNELADVISOR CORP, latest Apr 8, 2022
- Janus Henderson Group Ltd. Filed SC 13G/A on CHANNELADVISOR CORP, latest Feb 10, 2022
- VANGUARD GROUP INC Filed SC 13G/A on CHANNELADVISOR CORP, latest Feb 9, 2022
- BlackRock Filed SC 13G/A on CHANNELADVISOR CORP, latest Feb 3, 2022
- CHANNELADVISOR CORP Morrisville, North Carolina
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What CHANNELADVISOR CORP reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $30.8M3 Dec 31, 2021 | $36.6M3 Dec 31, 2020 | −16.0% |
| Accumulated depreciation | $23.1M3 Dec 31, 2021 | $27.9M3 Dec 31, 2020 | −17.3% |
| Property and equipment, net | $7.7M3 Dec 31, 2021 | $8.7M3 Dec 31, 2020 | −11.8% |
| Finance-lease assets | $11.0K3 Dec 31, 2021 | $495.0K3 Dec 31, 2020 | −97.8% |
| Operating-lease assets (leased space) | $2.9M3 Dec 31, 2021 | $8.1M3 Dec 31, 2020 | −64.9% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $100.6M3 Dec 31, 2021 | $71.5M3 Dec 31, 2020 | +40.6% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $30.0M3 Dec 31, 2021 | $31.0M3 Dec 31, 2020 | −3.1% |
| Intangible assets, net (excluding goodwill) | $3.1M3 Dec 31, 2021 | $4.2M3 Dec 31, 2020 | −25.9% |
| Finite-lived intangibles, gross | $4.1M3 Dec 31, 2021 | $8.0M3 Dec 31, 2020 | −48.1% |
| Accumulated amortization | $1.1M3 Dec 31, 2021 | $3.8M3 Dec 31, 2020 | −72.3% |
| Finite-lived intangibles, net | $3.1M3 Dec 31, 2021 | $4.2M3 Dec 31, 2020 | −25.9% |
Leadership
Who has led CHANNELADVISOR CORP, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerDavid J. Spitz May 4, 2015 to Nov 15, 202211
- Chief executive officerM. Scot Wingo May 22, 2013 to Feb 17, 201512
- ChairM. Scot Wingo Jul 1, 2015 to Nov 14, 201913
- PresidentDavid J. Spitz May 22, 2013 to Nov 15, 202214
- Chief financial officerRichard Cornetta Jun 3, 2019 to Nov 15, 202215
- Chief financial officerMark Cook Sep 1, 2015 to Mar 7, 201916
- Chief financial officerJohn F. Baule May 22, 2013 to Apr 14, 201517
- Chief operating officerElizabeth Segovia Aug 8, 2019 to Nov 15, 202218
- Chief operating officerDavid J. Spitz May 22, 2013 to Apr 14, 201514
Board members and other officers (19)
- Chief Accounting OfficerRichard Cornetta Nov 5, 2015 to Mar 3, 202219
- Chief Technology OfficerAris Antanas Buinevicius May 22, 2013 to Feb 10, 201520
- Vice President, FinanceBrad R. Schomber May 22, 2013 to Feb 26, 201421
- Board memberLinda M. Crawford Apr 1, 2021 to Nov 15, 202222
- Board memberHimanshu Palsule Oct 12, 2021 to Nov 15, 202223
- Board memberMarshall Heinberg Dec 30, 2019 to Nov 15, 202224
- Board memberJanet Raye Cowell Feb 29, 2016 to Nov 15, 202225
- Board memberMarc Huffman Mar 14, 2016 to Mar 1, 202126
- Board memberJoseph L. Cowan Aug 11, 2016 to Nov 15, 202227
- Board memberDavid J. Spitz May 4, 2015 to Nov 15, 202211
- Board memberAris Antanas Buinevicius May 22, 2013 to Feb 10, 201520
- Board memberLouis J. Volpe May 22, 2013 to Feb 12, 201428
- Board memberM. Scot Wingo May 22, 2013 to Nov 15, 202212
- Board memberPatrick J. Kerins May 22, 2013 to Mar 1, 201629
- Board memberRobert Hower May 22, 2013 to Mar 1, 201630
- Board memberTimothy Buckley May 22, 2013 to Nov 15, 202231
- Board memberTimothy Williams V. May 22, 2013 to Nov 15, 202232
- General counselDiana Semel Allen Feb 10, 2014 to Jun 2, 202133
- General counselS. Scott Alridge May 22, 2013 to May 22, 201334
Former names
- CHANNELADVISOR CORPFeb 25, 2002 to Dec 19, 20122
Timeline
- Nov 15, 20228-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer35
- Nov 14, 20228-K Shareholder vote36
- Nov 7, 20228-K Results of operations37
- Oct 20, 20228-K Other events38
- Sep 6, 20228-K Entered a material agreement; Other events39
- Aug 9, 20228-K Results of operations40
- May 17, 20228-K Shareholder vote41
- May 6, 20228-K Results of operations42
- Feb 10, 20228-K Results of operations43
- Dec 22, 20218-K Entered a material agreement44
- Nov 9, 20218-K Results of operations45
- Oct 6, 20218-K Executive or director change; Regulation FD disclosure46
- May 4, 2015New chief executive David J. Spitz becomes CEO11
- May 22, 2013New chief executive M. Scot Wingo becomes CEO12
Calendar
When it reported results
- Nov 7, 2022Reported quarterly or annual results37
- Aug 9, 2022Reported quarterly or annual results40
- May 6, 2022Reported quarterly or annual results42
- Feb 10, 2022Reported quarterly or annual results43
- Nov 9, 2021Reported quarterly or annual results45
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
84 filings to the SEC since October 2021: 1 annual reports, 4 quarterly reports, 12 major events, 37 insider forms, 9 large holders, 21 other. The latest 20:
- Feb 15, 2023SC 13G/A EDGAR
- Nov 25, 202215-12G EDGAR
- Nov 17, 2022SC 13D/A EDGAR
- Nov 15, 20224 FORM 4 SUBMISSION EDGAR
- Nov 15, 20224 FORM 4 SUBMISSION EDGAR
- Nov 15, 20224 FORM 4 SUBMISSION EDGAR
- Nov 15, 20224 FORM 4 SUBMISSION EDGAR
- Nov 15, 20224 FORM 4 SUBMISSION EDGAR
- Nov 15, 20224 FORM 4 SUBMISSION EDGAR
- Nov 15, 20224 FORM 4 SUBMISSION EDGAR
- Nov 15, 20224 FORM 4 SUBMISSION EDGAR
- Nov 15, 20224 FORM 4 SUBMISSION EDGAR
- Nov 15, 20224 FORM 4 SUBMISSION EDGAR
- Nov 15, 20224 FORM 4 SUBMISSION EDGAR
- Nov 15, 2022S-8 POS EDGAR
- Nov 15, 2022S-8 POS EDGAR
- Nov 15, 2022S-8 POS EDGAR
- Nov 15, 2022S-8 POS EDGAR
- Nov 15, 2022S-8 POS EDGAR
- Nov 15, 2022S-8 POS EDGAR
The 84 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
8 open-market trades by officers, directors and large owners since October 2021: 0 buys and 8 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Oct 20, 2022 | WINGO M SCOTDirector | Sale | 3,250 | $22.99 | $74.7K | Form 4 |
| Sep 20, 2022 | WINGO M SCOTDirector | Sale | 3,250 | $22.79 | $74.1K | Form 4 |
| Aug 22, 2022 | WINGO M SCOTDirector | Sale | 3,250 | $15.35 | $49.9K | Form 4 |
| Jul 20, 2022 | WINGO M SCOTDirector | Sale | 3,250 | $14.91 | $48.5K | Form 4 |
| Jun 21, 2022 | WINGO M SCOTDirector | Sale | 3,250 | $14.48 | $47.1K | Form 4 |
| May 13, 2022 | WINGO M SCOTDirector | Sale | 15,000 | $12.88 | $193.2K | Form 4 |
| Mar 3, 2022 | WILLIAMS TIMOTHY VDirector | Sale | 3,320 | $18.13 | $60.2K | Form 4 |
| Nov 30, 2021 | Director | Sale | 5,414 | $25.24 | $136.6K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- ArrowMark Colorado Holdings LLCSC 13G/A, 2 filings Feb 14, 2022 to Feb 15, 202347
- Magnetar Financial LLCSC 13D/A, 3 filings Sep 23, 2022 to Nov 17, 202248
- DRIEHAUS CAPITAL MANAGEMENT LLCSC 13G/A, 1 filing Apr 8, 202249
- Janus Henderson Group Ltd.SC 13G/A, 1 filing Feb 10, 202250
- VANGUARD GROUP INCSC 13G/A, 1 filing Feb 9, 202251
- BlackRockSC 13G/A, 1 filing Feb 3, 202252
SEC filer profile
How CHANNELADVISOR CORP is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARCHANNELADVISOR CORP1
- CIK0001169652
- Employer ID (EIN)56-22578671
- Filer statusLarge accelerated filer1
- Incorporated inDelaware1
- Fiscal year endsDecember 311
- Industry code (SIC)7372 Services-Prepackaged Software1
- Business address3025 Carrington Mill Boulevard, Morrisville, NC 275601
- Phone919-228-47001
- Shares outstanding28,916,493 as of Oct 31, 20229
- Public float$714.0M as of Jun 30, 20213
- On EDGAR sinceFeb 25, 20021
- Filings649 in all: 4 (334), 8-K (78), SC 13G/A (43), 3 (30), 10-Q (29), SC 13G (28), DEFA14A (16), S-8 (10)1
All 35 form types
S-8 POS (10), 10-K (9), DEF 14A (9), CORRESP (7), UPLOAD (7), REGDEX (6), S-1/A (4), 3/A (2), 4/A (2), 424B4 (2), ARS (2), DRS/A (2), DRSLTR (2), EFFECT (2), S-1 (2), SC 13D/A (2), 15-12G (1), 25-NSE (1), 5 (1), 8-A12B (1), 8-K/A (1), CERTNYS (1), CT ORDER (1), DEFM14A (1), DRS (1), PREM14A (1), SC 13D (1)
- Latest filingsAnnual report (10-K) Feb 10, 2022
Quarterly report (10-Q) Nov 7, 2022
Proxy statement (DEF 14A) Mar 28, 2022
Latest 8-K (8-K) Nov 15, 2022
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
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- 6
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- 9
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- 13SEC EDGARM. Scot Wingo, Chair
- 14SEC EDGARDavid J. Spitz, President
- 15
- 16SEC EDGARMark Cook, Chief financial officer
- 17
- 18
- 19
- 20
- 21
- 22SEC EDGARLinda M. Crawford, Board member
- 23SEC EDGARHimanshu Palsule, Board member
- 24SEC EDGARMarshall Heinberg, Board member
- 25SEC EDGARJanet Raye Cowell, Board member
- 26SEC EDGARMarc Huffman, Board member
- 27SEC EDGARJoseph L. Cowan, Board member
- 28SEC EDGARLouis J. Volpe, Board member
- 29SEC EDGARPatrick J. Kerins, Board member
- 30SEC EDGARRobert Hower, Board member
- 31SEC EDGARTimothy Buckley, Board member
- 32SEC EDGARTimothy Williams V., Board member
- 33SEC EDGARDiana Semel Allen, General counsel
- 34SEC EDGARS. Scott Alridge, General counsel
- 35
- 36SEC EDGARShareholder vote
- 37SEC EDGARResults of operations
- 38SEC EDGAROther events
- 39
- 40SEC EDGARResults of operations
- 41SEC EDGARShareholder vote
- 42SEC EDGARResults of operations
- 43SEC EDGARResults of operations
- 44SEC EDGAREntered a material agreement
- 45SEC EDGARResults of operations
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