Newegg Commerce (NEGG) Long-Term Investments (2017 - 2023)

Newegg Commerce (NEGG) posted Long-Term Investments of $2.2 million for Q4 2023, little changed sequentially from $2.2 million in Q3 2023, and down 80.0% YoY from $11.3 million in Q4 2022.

Newegg Commerce (NEGG) Long-Term Investments (2017 - 2023) Analysis & Trends

Newegg Commerce has reported Long-Term Investments for 6 years, with the latest figure at $2.2 million in Q4 2023.

  • Quarterly Long-Term Investments fell 80.0% year-over-year to $2.2 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $2.2 million (down 80.0% YoY) and the FY2023 annual result came in at $2.2 million, down 80.0% from the prior year.
  • Long-Term Investments steadied at $2.2 million in Q4 2023 per NEGG's latest filing, from $2.2 million in the prior quarter.
  • Over five years, Long-Term Investments peaked at $11.2 billion in Q3 2022 and troughed at $821739.0 in Q2 2019.
  • A 5-year average of $1.0 billion and a median of $11.2 million in 2022 frame the typical range for Long-Term Investments.
  • The sharpest annual moves came in 2022 and 2023: Long-Term Investments jumped 74900.0% in 2022, then plunged 99.98% in 2023.
  • Over 5 years, Long-Term Investments stood at $821739.0 in 2019, then surged by 1725.4% to $15.0 million in 2020, then slumped by 86.67% to $2.0 million in 2021, then jumped by 462.5% to $11.2 million in 2022, then tumbled by 80.0% to $2.2 million in 2023.
  • According to Business Quant data, Long-Term Investments over the past three periods registered $2.2 million, $2.2 million, and $5.6 million for Q4 2023, Q3 2023, and Q2 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Long-Term Investments (Qtr)
1 Amazon Com 2,931.64 Bn 2,808.66 Bn 198.88 Bn -
2 PDD Holdings 506.17 Bn 446.63 Bn 9.83 Bn -
3 Mercadolibre 98.29 Bn 83.09 Bn 4.16 Bn 1.72 Bn
4 DoorDash 92.11 Bn 86.76 Bn 2.35 Bn 869.00 Mn
5 JD.com 87.50 Bn 58.32 Bn 7.66 Bn 7.37 Bn
6 Sea 78.22 Bn 69.70 Bn 3.15 Bn 2.17 Bn
7 Ebay 47.18 Bn 43.87 Bn 2.30 Bn 2.32 Bn
8 Coupang 29.74 Bn 23.63 Bn 2.49 Bn -
9 Zkh 16.36 Bn 16.36 Bn 51.11 Mn -
10 Newegg Commerce 383,976.26 -108.26 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2023 2.25 Mn
Sep 30, 2023 2.25 Mn
Jun 30, 2023 5.63 Mn
Dec 31, 2022 11.25 Mn
Sep 30, 2022 11.25 Bn
Jun 30, 2022 11.25 Mn
Dec 31, 2021 2.00 Mn
Sep 30, 2021 15.00 Mn
Jun 30, 2021 15.00 Mn
Dec 31, 2020 15.00 Mn
Jun 30, 2019 821,739.00
Dec 31, 2017 1.50 Mn