April 23, 2017 10:24 PM ET

Internet and Direct Marketing Retail

Company Overview of Etsy, Inc.

Company Overview

Etsy, Inc. operates as a commerce platform to make, sell, and buy goods online and offline worldwide. Its platform includes its markets, services, and technology, which enables to engage a community of sellers and buyers. The company offers approximately 45 million items across approximately 50 retail categories to buyers. It also provides various seller services, including direct checkouts, promoted listings, and shipping labels, as well as Pattern by Etsy to create custom Websites; and seller tool and education resources to start, manage, and scale businesses to entrepreneurs primarily through Etsy.com. In addition, the company operates A Little Market, a handmade and supplies market for s...

117 Adams Street

Brooklyn, NY 11201

United States

Founded in 2005

1,043 Employees

Phone:

718-880-3660

Key Executives for Etsy, Inc.

Chairman, Chief Executive Officer and President
Age: 43
Total Annual Compensation: $300.0K
Chief Technology Officer
Age: 45
Total Annual Compensation: $268.3K
Compensation as of Fiscal Year 2015.

Etsy, Inc. Key Developments

Etsy, Inc. Announces Executive Changes

Etsy, Inc. announced the appointment of Rachel Glaser as Chief Financial Officer. Rachel, who will start on or about June 1, 2017, will report to Etsy, Inc. CEO and Chair, Chad Dickerson, and will join the executive team. Rachel brings more than 30 years of senior financial experience to Etsy and will oversee global financial operations. She joins from Leaf Group, where as CFO she helped scale their global marketplace and consumer media businesses. Rachel succeeds Kristina Salen, whose March 31, 2017 departure was announced on November 1, 2016. Karen Mullane, Etsy's Vice President, Corporate Controller, will serve as interim CFO until Rachel officially starts.

Etsy, Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2016; Provides Earnings Guidance for the Full Year of 2017

Etsy, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported total revenue of $110,209,000 against $87,895,000 for the same period in the last year. Income from operations was $3,452,000 against $8,416,000 for the same period in the last year. Loss before income taxes was $16,596,000 against profit before income taxes of $2,108,000 for the same period in the last year. Net loss was $21,383,000 or $0.19 per share basic and diluted against $4,232,000 or $0.04 per share basic and diluted for the same period in the last year. Adjusted EBITDA was $15,277,000 against $14,049,000 for the same period a year ago. For the full year, the company reported revenue of $364,967,000 against $273,499,000 for the same period a year ago. Profit from operations was $17,577,000 against loss of $1,884,000 for the same period in the last year. Loss before income taxes was $2,876,000 against $27,994,000 for the same period in the last year. Net loss was $29,901,000 or $0.26 per share basic and diluted against $54,063,000 or $0.59 per share basic and diluted for the same period in the last year. Adjusted EBITDA was $57,124,000 against $31,007,000 for the same period a year ago. Net cash provided by operating activities was $46,759,000 against $29,211,000 for the same period in the last year. Purchases of property and equipment were $35,981,000 against $11,116,000 for the same period in the last year. Development of internal-use software was $11,769,000 against $9,719,000 a year ago. For the year of 2017, the company expects GMS growth to be 15% to 17%, revenue growth to be 20% to 22%, Adjusted EBITDA margin to be in range to be in range of 12% to 14%.

Etsy, Inc. Presents at Morgan Stanley 2017 Technology, Media & Telecom Conference, Mar-02-2017 09:55 AM

Etsy, Inc. Presents at Morgan Stanley 2017 Technology, Media & Telecom Conference, Mar-02-2017 09:55 AM. Venue: The Palace Hotel, 2 New Montgomery Street, San Francisco, CA 94105, United States. Speakers: Chad Dickerson, Chairman, Chief Executive Officer and President.

Similar Private Companies By Industry

Company Name Region
1-800 CONTACTS, Inc. United States
12Degrees Corp. United States
1A Auto, Inc. United States
1SaleADay L.L.C. United States
1stdibs.Com, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 19, 2016
Blackbird Technologies, Inc.
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Bloomberg L.P. United States
The Advertising Council, Inc. United States
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Etsy, Inc., please visit www.etsy.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.