SPS Commerce Inc (SPSC) Stock Price & Chart | Trade Now

SPS Commerce Company profile

About SPS Commerce, Inc.

SPS Commerce, Inc. is a provider of cloud-based supply chain management services that supports retailers, suppliers, grocers, distributors, and logistics firms to orchestrate the management of item data, order fulfillment, inventory control, and sales analytics across all channels. The Company's SPS Commerce cloud-based Platform offers a range of services, including Fulfillment, Analytics, and Other Solutions. The Fulfillment solution provides fulfillment automation and replaces or augments an organization’s existing staff and trading partner electronic communication infrastructure by enabling easy compliance with retailers’ rulebooks, automatic, and digital exchange of information. The Analytics solution consists of data analytics applications that enable its customers to improve their visibility across their supply chains through analytics capabilities. Other Solutions include several peripheral solutions, such as its assortment solution and its community solution.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, SPS Commerce, Inc. revenues increased 23% to $385.3M. Net income decreased 2% to $44.6M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was offset by Sales and marketing increase of 14% to $81.8M (expense), General and administrative increase of 19% to $51.1M (expense).