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VTEX (NYSE: VTEX) is a leading global provider of e-commerce and omnichannel solutions, leveraging its software-as-a-service (SaaS) platform to empower enterprise brands and retailers. Founded in 2000, VTEX offers a comprehensive suite of tools that enable customers to execute their commerce strategies effectively. This includes building online stores, integrating and managing orders across various channels, and creating marketplaces to support third-party vendor sales.
Recognized globally by analysts from Gartner and Forrester, VTEX is considered a vanguard in digital commerce technology. The company prides itself on its single-code, multi-tenant, scalable, and extensible platform, which facilitates high innovation capacity and quick time-to-market for CIOs and business users alike.
VTEX serves over 2,600 customers across 43 countries, including notable brands like Whirlpool, Electrolux, C&A, Disney, Sony, and Lego. These clients rely on VTEX to streamline their online sales and enhance customer experiences. VTEX's recent efforts have focused on global expansion and technological innovation, as evidenced by their semi-annual product showcase, 'VTEX Vision'. This event highlights new features and updates designed to help businesses navigate economic challenges and improve their digital commerce capabilities.
The company’s platform generates the majority of its revenue from Brazil, followed by other regions in Latin America and around the world. VTEX continues to innovate with new products like the VTEX Ad Network, which offers AI-driven ad optimization, and integrations with popular messaging platforms like WhatsApp for personalized sales conversion.
Additionally, VTEX recently announced a partnership with Pinterest to enhance its social commerce capabilities, allowing brands to connect with a wider audience and integrate their product catalogs seamlessly. VTEX's commitment to security is evident in features like VTEX Shield, which provides advanced threat detection and proactive monitoring to safeguard online stores.
Overall, VTEX's emphasis on practical composability, customer-centric innovations, and robust security measures make it a valuable partner for enterprises looking to modernize their e-commerce operations and achieve sustainable growth.
VTEX (NYSE: VTEX) reported second-quarter 2022 results highlighting a 27.6% increase in GMV to US$3.1 billion and a 25.4% rise in total revenue to US$38.7 million. Gross profit surged 37.8% YoY, achieving a gross margin expansion of 600 bps. Subscription revenue, accounting for 94.7% of total revenue, increased by 23.6% YoY. Despite a non-GAAP loss from operations of US$17.5 million, VTEX plans a US$30 million share repurchase program. For Q3 2022, the company forecasts revenue between US$37 million and US$38 million, indicating 18% YoY growth amidst uncertain macroeconomic conditions.
VTEX (NYSE: VTEX), a leader in digital commerce platforms, will disclose its financial results for Q2 2022 on August 11, 2022, at 4:30 pm Eastern Time. This conference call will enable stakeholders to gain insights into the company's performance and growth strategies. VTEX serves over 2,400 customers across 38 countries, facilitating advanced commerce solutions for brands like AbInbev and Carrefour. The event can be accessed via conference call or audio webcast through the company's investor relations website.
VTEX has announced an update to its connector with Meta's platforms, Facebook and Instagram, aimed at boosting retail sales. The new features enhance the integration between ecommerce sites and social media ads, aiming to improve conversion rates. Key updates include the Conversions API with five new components, optimized product catalog updates, and a Meta Ads Plugin for easier ad creation. VTEX's updated connector will help global brands, including Carrefour and Samsung, gain insights into customer behavior and streamline their advertising efforts.
VTEX (NYSE: VTEX) reported strong first-quarter results for 2022, with GMV and total revenue increasing by 33.3% and 33.7% year-over-year, respectively. Gross profit saw a remarkable 46.1% rise, reflecting a 563 bps margin improvement. Subscription revenue constituted 94% of total revenue, increasing to $32.6 million. However, non-GAAP loss from operations rose to $13.7 million, attributed to higher personnel investments. The company projects second-quarter revenues between $37.5 million and $38.5 million, indicating a 23% YoY growth.
VTEX (NYSE: VTEX) will announce its financial results for the first fiscal quarter ending March 31, 2022, on May 12, 2022, at 4:30 PM ET. The announcement will be made via a conference call and audio webcast, accessible by dialing +1-844-200-6205 with Conference ID 630556, or through the investor relations section of their website. VTEX is a leading enterprise digital commerce platform based in Brazil, serving over 2,400 customers globally with more than 3,200 active online stores across 38 countries.
VTEX (NYSE:VTEX) has filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 with the U.S. Securities and Exchange Commission on February 24, 2022. The report is accessible via the company's website and the SEC's database. VTEX provides a software-as-a-service digital commerce platform, supporting over 2,400 customers and 3,200 online stores across 38 countries. The company is recognized for its role in advancing digital commerce in Latin America and is expanding globally.
VTEX (NYSE:VTEX) reported a 30% year-over-year revenue growth in Q4 2021, reaching US$37.1 million. The company’s gross merchandise value (GMV) increased to US$2.9 billion, a 14.7% rise. Subscription revenue, constituting 93% of total revenue, grew to US$34.5 million with a 24.8% increase. Despite a non-GAAP loss from operations of US$10.9 million and negative free cash flow of US$21.3 million, VTEX anticipates a strong growth outlook for 2022, targeting revenues of US$158 to US$162 million.
VTEX, a leading enterprise digital commerce platform based in Brazil, will announce its fourth fiscal quarter financial results for the period ending
VTEX's platform supports brands and retailers by enabling online store setups, order management across channels, and marketplace creation. As of
Pivotree and VTEX have successfully launched four digital storefronts for CAE, enhancing their B2B commerce marketplace. This initiative, part of CAE's digital transformation strategy, aims to improve customer experiences in civil aviation, defense, and healthcare. The digital platform consolidates commerce, marketplace, and order management efficiently. With a robust partnership, Pivotree and VTEX leverage their expertise to deploy these solutions rapidly, addressing CAE's diverse business models while maintaining a low total cost of ownership.
On January 25, 2022, Digibee announced its Partner Program aimed at enhancing integration ecosystems for enterprises, emphasizing a partnership with VTEX. This collaboration will utilize Digibee's Hybrid Integration Platform (HIP) to streamline integration projects, reduce costs, and enhance innovation for VTEX clients. The program aims to simplify integration strategies, solve complex challenges, and create agile architectures. VTEX, a leader in digital commerce, serves over 2,000 customers globally, leveraging Digibee's capabilities to improve data visibility and sales growth.
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