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Etsy Inc

Consumer Cyclical US ETSY

67.34USD
-0.15(0.22%)

Last update at 2024-04-18T20:00:00Z

Day Range

65.2867.46
LowHigh

52 Week Range

58.20149.91
LowHigh

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -661.97800M 471.65M 365.71M 80.65M 55.08M
Minority interest - - - - -
Net income -694.28800M 493.51M 349.25M 95.89M 77.49M
Selling general administrative 312.26M 282.53M 156.03M 121.13M 82.88M
Selling and marketing expenses 710.40M 654.80M 500.76M 215.57M 158.01M
Gross profit 1821.52M 1674.60M 1260.88M 547.34M 412.93M
Reconciled depreciation 96.70M 74.27M 58.19M 48.03M 26.74M
Ebit 1431.48M 465.73M 424.01M 88.76M 74.79M
Ebitda 1528.19M 540.00M 482.20M 136.79M 101.53M
Depreciation and amortization 96.70M 74.27M 58.19M 48.03M 26.74M
Non operating income net other 10.75M 15.81M -16.27500M 16.20M 2.47M
Operating income -658.56000M 465.73M 424.01M 88.76M 74.79M
Other operating expenses 3224.67M 1863.38M 1301.62M 729.62M 528.91M
Interest expense 14.17M 9.88M 42.02M 24.32M 22.18M
Tax provision 32.31M -21.85300M 16.46M -15.24800M -22.41300M
Interest income 10.96M 2.14M 7.10M 13.20M 8.96M
Net interest income -3.21200M -7.74800M -34.92300M -11.12100M -13.22100M
Extraordinary items - - - 4.20M -3.89700M
Non recurring 1045.02M - - - -
Other items - - - - -
Income tax expense 32.31M -21.85300M 16.46M -15.24800M -22.41300M
Total revenue 2566.11M 2329.11M 1725.62M 818.38M 603.69M
Total operating expenses 2480.08M 1208.87M 836.87M 458.58M 338.14M
Cost of revenue 744.59M 654.51M 464.75M 271.04M 190.76M
Total other income expense net -1048.44000M 5.92M -58.30000M -8.11500M -19.70800M
Discontinued operations - - - - -
Net income from continuing ops -694.28800M 493.51M 349.25M 95.89M 77.49M
Net income applicable to common shares -694.28800M 493.51M 349.25M 95.89M 77.49M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 2634.96M 3831.81M 2404.49M 1542.35M 901.85M
Intangible assets 535.41M 607.17M 187.45M 199.24M 34.59M
Earning assets - - - - -
Other current assets 80.20M 109.42M 56.15M 38.61M 22.69M
Total liab 3182.24M 3203.19M 1662.07M 1135.72M 500.95M
Total stockholder equity -547.27400M 628.62M 742.42M 406.63M 400.90M
Deferred long term liab 44.73M 79.48M 58.48M 64.50M 30.45M
Other current liab 350.30M 352.62M 247.17M 96.53M 53.08M
Common stock 0.12M 0.13M 0.13M 0.12M 0.12M
Capital stock 0.12M 0.13M 0.13M 0.12M 0.12M
Retained earnings -1048.26700M 71.74M -146.81900M -227.41400M -153.44200M
Other liab 127.06M 201.90M 100.12M 86.13M 110.31M
Good will 137.72M 1371.06M 140.81M 138.73M 37.48M
Other assets 130.42M 151.98M 68.95M 24.78M 29.31M
Cash 921.28M 780.20M 1244.10M 443.29M 366.99M
Cash and equivalents - - - - -
Total current liabilities 631.75M 615.59M 454.66M 188.53M 112.06M
Current deferred revenue 14.01M 12.34M 11.26M 7.62M 7.48M
Net debt 1468.79M 1607.92M -128.28400M 403.72M -24.52900M
Short term debt 4.73M 2.42M 8.54M 8.28M 3.88M
Short long term debt - - - - -
Short long term debt total 2390.07M 2388.12M 1115.82M 847.01M 342.46M
Other stockholder equity 815.09M 631.76M 883.17M 642.63M 562.03M
Property plant equipment 288.53M 275.06M 112.50M 119.83M 120.18M
Total current assets 1513.74M 1341.50M 1894.78M 921.04M 680.29M
Long term investments 29.14M 85.03M 39.09M 89.34M -
Net tangible assets -1220.40400M -1349.61500M 414.17M 68.67M 328.83M
Short term investments 250.41M 204.42M 425.12M 373.96M 257.30M
Net receivables 261.85M 247.47M 169.41M 65.17M 33.32M
Long term debt 2279.64M 2275.42M 1062.30M 785.13M 276.49M
Inventory - - - - -
Accounts payable 262.72M 248.21M 187.69M 76.11M 47.62M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -314.21700M -75.01400M 5.95M -8.69900M -7.81300M
Additional paid in capital - - - - -
Common stock total equity 0.12M 0.13M 0.13M 0.12M 0.12M
Preferred stock total equity - - - - -
Retained earnings total equity -1048.26700M 71.74M -146.81900M -227.41400M -153.44200M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 47.70M 56.12M 29.75M 34.88M 5.85M
Deferred long term asset charges - - - - -
Non current assets total 1121.22M 2490.31M 509.71M 621.31M 221.56M
Capital lease obligations 110.43M 112.70M 53.52M 61.89M 2.10M
Long term debt total 2279.64M 2275.42M 1062.30M 785.13M 278.58M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -30.02400M 172.11M -3.38900M -200.72300M -229.34300M
Change to liabilities 21.39M 111.04M 155.57M 32.57M 45.54M
Total cashflows from investing activities -30.02400M -1557.96900M -11.37900M -488.37300M -285.39300M
Net borrowings -0.06900M 947.24M 502.30M 638.10M 328.98M
Total cash from financing activities -506.48400M 452.75M 119.28M 359.61M 144.01M
Change to operating activities 52.09M 23.88M 124.20M 23.41M 27.44M
Net income -694.28800M 493.51M 349.25M 95.89M 77.49M
Change in cash 141.08M -463.90300M 800.81M 76.31M 51.54M
Begin period cash flow 785.54M 1249.44M 448.63M 372.33M 320.78M
End period cash flow 926.62M 785.54M 1249.44M 448.63M 372.33M
Total cash from operating activities 683.61M 651.55M 678.96M 206.92M 198.93M
Issuance of capital stock - - - - -
Depreciation 96.70M 74.27M 58.19M 48.03M 26.74M
Other cashflows from investing activities -26.96200M -1718.83300M -6.54500M -280.12200M -55.03100M
Dividends paid - - - - -
Change to inventory - 55.87M 128.88M 23.41M -
Change to account receivables -34.62600M -103.19700M -112.68100M -35.83300M 40.65M
Sale purchase of stock -425.72700M -302.77400M -268.65300M -176.98500M -134.64700M
Other cashflows from financing activities -89.43000M 808.29M 534.31M 547.42M 294.87M
Change to netincome 1240.08M 56.17M 144.57M 50.99M -4.07600M
Capital expenditures 30.74M 28.17M 7.11M 15.28M 20.56M
Change receivables -14.05600M -19.25600M -22.54000M -12.65600M 17.21M
Cash flows other operating 33.13M -67.90400M -8.83500M -9.92000M 34.82M
Exchange rate changes - - - - -
Cash and cash equivalents changes 147.10M -453.66900M 786.86M 78.15M 51.54M
Change in working capital 40.47M 23.88M 124.20M 9.99M 59.35M
Stock based compensation 230.89M 139.91M 65.11M 44.40M 38.23M
Other non cash items 1065.15M 8.94M 80.01M 23.85M 19.53M
Free cash flow 652.87M 623.38M 671.85M 191.64M 178.37M

Fundamentals

  • Previous Close 67.49
  • Market Cap10449.63M
  • Volume3343335
  • P/E Ratio35.33
  • Dividend Yield-%
  • EBITDA428.43M
  • Revenue TTM2713.30M
  • Revenue Per Share TTM21.87
  • Gross Profit TTM 1821.52M
  • Diluted EPS TTM2.47

Peer Comparison

Sector: Consumer Cyclical Industry: Internet Retail

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
ETSY
Etsy Inc
-0.15 0.22% 67.34 35.33 23.20 3.85 21.42 4.25 -20.1725
AMZN
Amazon.com Inc
-2.11 1.16% 179.17 79.90 39.68 2.84 8.59 2.97 22.34
PDD
Pinduoduo
0.28 0.25% 113.71 37.33 20.16 1.18 8.51 0.85 3.03
BABA
Alibaba Group Holding Ltd
0.06 0.09% 68.88 10.59 7.29 0.21 1.28 0.14 0.91
BABAF
Alibaba Group Holding Ltd
0.20 2.34% 8.76 10.48 7.46 0.21 1.31 0.14 0.91

Reports Covered

Stock Research & News

Profile

Etsy, Inc., together with its subsidiaries, operates two-sided online marketplaces that connect buyers and sellers in the United States, the United Kingdom, Germany, Canada, Australia, France, and India. Its primary marketplace is Etsy.com that connects artisans and entrepreneurs with various consumers. The company also offers Reverb, a musical instrument marketplace; Depop, a fashion resale marketplace; and Elo7, a Brazil-based marketplace for handmade and unique items. In addition, it offers various seller services, including Etsy Payments, a payment processing service; Etsy Ads, an advertising platform; and Shipping Labels, which allows sellers in the United States, Canada, the United Kingdom, Australia, and India to purchase discounted shipping labels. Further, the company provides various seller tools, including Shop Manager dashboard, a centralized hub for Etsy sellers includes ability to manage inventory, check order status, receive notifications about repeat customers, add photos, listing videos, and purchase and print shipping labels. Additionally, it offers educational resources comprising blog posts, video tutorials, Etsy Seller Handbook, Etsy.com online forums, and insights; Etsy Teams, a platform to build personal relationships with other Etsy sellers; and a Star Seller program. As of December 31, 2022, it connected a total of 7.5 million active sellers to 95.1 million active buyers. The company was formerly known as Indieco, Inc changed its name to Etsy, Inc. in June 2006. Etsy, Inc. was founded in 2005 and is headquartered in Brooklyn, New York.

Etsy Inc

117 Adams Street, Brooklyn, NY, United States, 11201

Key Executives

Name Title Year Born
Mr. Joshua G. Silverman CEO, Pres & Director 1969
Ms. Rachel C. Glaser Chief Financial Officer 1962
Mr. Michael Fisher Chief Technology Officer 1969
Mr. Ryan Scott Chief Marketing Officer 1977
Mr. Robert Kalin Co-Founder 1980
Jared Tarbell Co-Founder NA
Ms. Raina Moskowitz Chief Operating Officer 1984
Ms. Merilee Buckley VP & Chief Accounting Officer 1976
Ms. Debra Wasser VP of Investor Relations & ESG Engagement NA
Ms. Kelly Clausen Sr. Director of Corp. Communications & Partnerships NA

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