Newegg Commerce, Inc. · NASDAQ:NEGG
Newegg Commerce — Investor Presentation (March 2024)
21 slides from Newegg Commerce's investor presentation, March 2024
Slide 1: Newegg Investor Relations Presentation
Newegg Investor Relations Presentation March 2024 Confidential 1
Slide 2: Disclaimer
Disclaimer This presentation of Newegg Commerce, Inc. (the “Company,” “Newegg,” “we,” “us,” or “our”) includes "forward-looking statements" intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These statements relate to future ev
Slide 3: Newegg Investor Relations Overview
Newegg Investor Relations Overview 1 Who we are 2 Our strategy and operations 3 2023 financial information 3
Slide 4: Our Vision: Provide Leading E-Commerce Platform Dedicated to Technology
Our Vision: Provide Leading E-Commerce Platform Dedicated to Technology NEWEGG: WHERE TECH EXPERTS GO TO BUY TECHNOLOGY TECH We popularized the PC-building We are the largest e-commerce movement and developed a cult company primarily focused on following among PC and DIY direct sales and marketplace
Slide 5: Newegg is a Trusted Retailer in a Large, Growing Electronics Market
Newegg is a Trusted Retailer in a Large, Growing Electronics Market Global Electronics/eCommerce Market ($Billion) Source: Statista Market Insights as of 2023/10
Slide 6: Business Overview At a Glance
Business Overview At a Glance Business Direct Online Marketplace Model and Platform Sales Networking Product Systems & Electronics for Gaming and Smart Software Categories Components Automotive Home Business Properties
Slide 7: Newegg's Reputation & Scale
Newegg’s Reputation & Scale ❖ #1 Web-only Consumer ❖ Best Online Stores to Buy PCs ❖ Newsweek's America's Best ACCOLADES Electronics e-Commerce company in North America and Electronics in 2023, Readers’ Online Shops 2023 (Consumer Choice, by PC Magazine Electronics) According to Digital Commerce 360
Slide 8: Investment Thesis
Investment Thesis TECHNOLOGY CATEGORY LEADER HOLISTIC E-COMMERCE ECOSYSTEM 1 ▪ Longstanding partnerships with top-tier industry brands 2 ▪ Continuously evolving tech platform with cutting-edge in the IT vertical AI technology ▪ Personalized shopping tools designed exclusively for ▪ Diverse and enric
Slide 9: Newegg Investor Relations Overview
Newegg Investor Relations Overview 1 Who we are 2 Our operation and strategy 3 2023 financial information 9
Slide 10: Operational Evolution
Operational Evolution 2001–2011 2012–2018 2019–2023 2024–BEYOND BEGAN SELLING POPULARIZED THE TRANSFORMATION IN LOOK AHEAD FOR NEXT- PC COMPONENTS PC-BUILDING MOVEMENT PROGRESS LEVEL TRANSFORMATION • Founded Newegg • Launched Shipped by • Launched Strategic • Expand latest & greatest product • Launc
Slide 11: Newegg Connects Electronics Vendors Directly to Consumers
Newegg Connects Electronics Vendors Directly to Consumers ▪ Robust network of platforms and services with a reach into 20+ countries, for NEWEGG’S IT & DISTRIBUTION PARTNERS two decades ▪ Longstanding relationship with Tier 1 vendors − Newegg’s marketing team collaborates with partner (vendors) to t
Slide 12: Newegg Provides a Host of Service Solutions For Marketplace Sellers
Newegg Provides a Host of Service Solutions For Marketplace Sellers ▪ We leverage years of experience in eCommerce businesses to provide brand MARKETPLACE BRAND SELLERS owners and resellers with diverse seller platform services spanning across borders and regions. ▪ Leveraging AI, our solutions extr
Slide 13: Newegg Ecosystem to Serve Tech Vendors, Sellers & Consumers
Newegg Ecosystem to Serve Tech Vendors, Sellers & Consumers GLOBAL LOGISTICS SERVICE CONSUMER E-COMMERCE PLATFORM LOCAL LOGISTICS SERVICE Support Global Sellers/Vendors with door-to- Purpose-built to serve tech enthusiasts Support Global Sellers/Vendors with door Shipping to North America as well as
Slide 14: Scaled Logistics Infrastructure With Automation To Support Continued Growth
Scaled Logistics Infrastructure With Automation To Support Continued Growth KEY FEATURES ▪ Reliable and efficient B2C and B2B order fulfillment with proprietary warehouse management software and automated order picking system. New advanced robotic order picking systems (AMR) has been fully implement
Slide 15: Newegg Media Service Builds Brands
Newegg Media Service Builds Brands Shoppable Social Content Influencer / KOL Livestreams Campaigns Vendors and Sellers Use Newegg Media to Produce Engaging Content that Tech Enthusiasts Love • Video content educates, entertains, and engages a younger audience YouTube & Video Product Commercials • Pr
Slide 16: Transform Customer Experience with AI Innovation
Transform Customer Experience with AI Innovation PC Builder AI Shopping Experience Integrated with ChatGPT/NPL AI technology, Newegg PC Builder allows customers to interact in a more natural way and generate two million build lists from customer queries as of Feb 2024 Review Bytes Using ChatGPT, New
Slide 17: Growth Drivers With Respective Initiatives
Growth Drivers With Respective Initiatives 1. ENHANCE LOGISTICS 3. GROW FINISHED TECH PRODUCTS INFRASTRUCTURE & SERVICES Diversify and expand sales channels for 3PL services broader market reach Cross border service solutions Expand AI-enabled product portfolio, Logistics network spanning servers, A
Slide 18: Newegg Investor Relations Overview
Newegg Investor Relations Overview 1 Who we are 2 Our operation and strategy 3 2023 financial information 18
Slide 19: 2019 – 2023 Financial Overview
2019 – 2023 Financial Overview * Actuals as of September 30, 2023 (unaudited) plus 2023 Full Year Guidance (High End) 19 As of September 30, 2023 2023 Ful l Year Guidance (High End)
Slide 20: 2019-2023 Summary
2019-2023 Summary Newegg has experienced significant volatility in consumer demand during the pandemic and post-pandemic period. During the pandemic, Newegg experienced a sudden surge of demand for IT/CE products, leading to an all-time high of $3.0 billion GMV for fiscal year 2021. Post-pandemic, N
Slide 21: 2023 Full Year Guidance
2023 Full Year Guidance The Company previously issued the following guidance on December 22, 2023: • GMV to be between $1.78 billion to $1.83 billion • Net Sales to be between $1.42 billion to $1.47 billion • Gross Profit to be between $160.0 million to $165.0 million • Net loss to be between $56.0