Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Sales and marketing

Product development

General and administrative

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Wish

ContextLogic, Inc. engages in the operation of an online marketplace, that includes Geek, Mama, Home, Cute, and Joyful Shopping. The company was founded by Peter Szulczewski and Danny Zhang in June 2010 and is headquartered in San Francisco, CA.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

WISH reports Q4 revenue decline, outlines growth strategies for 2023

WISH's Q4 2022 performance reflected revenue declines and an Adjusted EBITDA loss, but strategic initiatives for 2023 aim to enhance unit economics and drive growth.
The company's strengths include successful rebranding, marketing campaigns, and operational improvements, while challenges include supply chain disruptions and competitive pressures.
Opportunities exist in expanding internationally, improving customer experiences, and addressing regulatory hurdles, requiring a proactive and customer-centric approach.
Despite challenges, WISH remains focused on long-term goals, customer satisfaction, and differentiation strategies to navigate uncertainties and drive sustainable growth.

Wish beats Q1 earnings expectations amidst revenue decline and challenges

Wish's Q1 performance showed revenue decline but beat EBITDA loss expectations, with a focus on operational excellence and customer experience.
Strategic partnerships and successful initiatives like Freddie shipping drive business highlights.
Challenges include declining revenues and user metrics, offset by opportunities in ESG efforts and cash flow optimization.

Wish reports Q2 revenue decline, focuses on customer experience

Wish's Q2 2023 performance reflects revenue decline and an EBITDA loss, but operational improvements show promise. The company's strategic focus on customer experience, merchant relationships, and cost efficiency is evident.
While facing challenges from macroeconomic uncertainties and competition, Wish's disciplined marketing approach and restructuring efforts position it for future growth. Leveraging AI and focusing on high-touch categories offer avenues for sustainable expansion.

Wish reports Q3 revenue decline, focuses on customer experience

Wish's Q3 2023 performance reflected revenue decline and EBITDA loss, but the company is actively working on improving its operations and customer offerings. Challenges include declining metrics and high expenses, but Wish remains optimistic about organic growth and cost efficiency.

ContextLogic reports robust Q1 earnings post asset sale, eyes growth

ContextLogic's Q1 2024 earnings call highlighted a strong financial position post-asset sale, a lean operational structure, and strategic opportunities for growth. While challenges exist in effectively utilizing assets and scaling operations, the company remains optimistic about its future prospects.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

ContextLogic, Inc. engages in the operation of an online marketplace, that includes Geek, Mama, Home, Cute, and Joyful Shopping. The company was founded by Piotr Szulczewski and Danny Zhang in June 2010 and is headquartered in Oakland, CA.

OAKLAND, Calif., May 10, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (NASDAQ: WISH) today announced that its Class A common stock will begin trading on NASDAQ under the ticker symbol “LOGC” prior to market open on May 13, 2024. This will replace the company's current ticker symbol “WISH”, which has been used since its initial public offering in December 2020. The new ticker symbol comes following the company's sale of the Wish e-commerce platform to Qube Network Pte. Ltd., a subsidiary of Qoo10 Pte. Ltd., which was completed on April 19, 2024.

ContextLogic Announces Ticker Symbol Will Change to LOGC on May 13, 2024

ContextLogic Inc. (NASDAQ:WISH ) Q1 2024 Earnings Conference Call May 8, 2024 5:00 PM ET Company Participants Ralph Fong - Director, Investor Relations Brett Just - Chief Financial Officer Rishi Bajaj - Chairperson & Chief Executive Officer Conference Call Participants Operator Thank you for standing by and welcome to ContextLogic First Quarter 2024 Earnings Conference Call. During the program today, all participants are in a listen-only mode.

ContextLogic Inc. (WISH) Q1 2024 Earnings Call Transcript

OAKLAND, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (Nasdaq: WISH) (“ContextLogic,” the “Company,” “we” or “our”) today reported its financial results for the quarter ended March 31, 2024.

ContextLogic Inc. Reports First-Quarter 2024 Financial Results

SAN FRANCISCO, April 24, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (NASDAQ: WISH) today announced it will report its first quarter 2024 financial results after the close of market on Wednesday, May 8, 2024. ContextLogic's management team will host a live conference call and webcast for shareholders, analysts and portfolio managers to discuss the company's first quarter results that afternoon at 5:00 PM ET / 2:00 PM PT.

ContextLogic to Announce First Quarter 2024 Results on May 8, 2024

Transaction Enables Company to Preserve ~$2.7 Billion of Net Operating Losses (NOLs) Rishi Bajaj Appointed Chief Executive Officer; Four New Independent Directors Join Board of Directors SAN FRANCISCO, April 19, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (NASDAQ: WISH) (“ContextLogic” or the “Company”), today announced that it has completed its previously announced transaction with Qoo10 Pte. Ltd. (“Qoo10”).

ContextLogic Completes Sale of Substantially All Operating Assets and Liabilities Associated with Wish to Qoo10

SAN FRANCISCO, April 19, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) (“ContextLogic” or the “Company”) announced its stockholders have approved the Asset Sale transaction with Qoo10 Pte. Ltd. (“Qoo10”) at yesterday's Special Meeting of Stockholders (the “Special Meeting”).

ContextLogic Announces Stockholder Approval of Transaction with Qoo10

SAN FRANCISCO, April 17, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) (“ContextLogic” or the “Company”) today reminds stockholders to vote “FOR” the proposed transaction with Qoo10 Pte. Ltd. (“Qoo10”) at the upcoming Special Meeting of Stockholders (the “Special Meeting”).

ContextLogic Urges Stockholders to Vote FOR the Value Maximizing Transaction with Qoo10 TODAY

SAN FRANCISCO, April 15, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) (“ContextLogic” or the “Company”) today mailed a letter to stockholders in connection with its upcoming Special Meeting of Stockholders (the “Special Meeting”) urging stockholders to vote “FOR” the proposed transaction with Qoo10 Pte. Ltd. (“Qoo10”).

CONTEXTLOGIC VOTE UPDATE: Less Than 350,000 Shares Needed to Approve the Proposed Transaction with Qoo10

ContextLogic Announces Adjournment of Special Meeting of Stockholders to Allow Additional Time for Stockholders to Vote “FOR” the Transaction with Qoo10

Proposed Transaction Ensures Preservation of $2.7 billion in NOLs Outlines Support for Transaction from ContextLogic Investors and Proxy Advisory Firms Special Meeting of Stockholders is Friday, April 12, 2024, at 10:00 A.M. Pacific Time SAN FRANCISCO, April 03, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) (“ContextLogic” or the “Company”) today issued a reminder to stockholders to vote “FOR” the proposed Asset Sale transaction with Qoo10 Pte.

ContextLogic Reminds Stockholders to Vote FOR the Value-Maximizing Transaction with Qoo10 Today

Upon Closing, Rishi Bajaj to Become Chief Executive Officer of ContextLogic and Four New Independent Directors to Join ContextLogic Board Six Existing Directors to Step Down from Board Upon Completion of the Qoo10 Transaction Reconstituted Board and Management Team to Focus on Maximizing Value of ~$2.7 Billion of NOLs SAN FRANCISCO, April 02, 2024 (GLOBE NEWSWIRE) --  ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) (“ContextLogic” or the “Company”) today announced that it will reconstitute its Board of Directors and management team upon completion of its pending transaction under which it will sell substantially all of its operating assets and liabilities, principally comprising its Wish ecommerce platform (the “Asset Sale”), to Qoo10 Pte. Ltd. (“Qoo10”).

ContextLogic Announces Post-Closing Board of Directors and Management Team

ISS, Glass Lewis and Egan-Jones Endorse Proposed Transaction Stockholders are Encouraged to Vote FOR the Value-Maximizing Transaction Before the Electronic Proxy Voting Deadline of 11:59 P.M. Eastern Time on Thursday, April 11, 2024 SAN FRANCISCO, March 28, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) (“ContextLogic” or the “Company”) today announced that proxy advisory firms Institutional Shareholder Services (“ISS”), Glass Lewis and Egan-Jones have all recommended that ContextLogic stockholders vote “FOR” the proposed Asset Sale transaction with Qoo10 Pte.

Leading Proxy Advisory Firms Recommend ContextLogic Stockholders Vote “FOR” Pending Transaction with Qoo10

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SAN FRANCISCO, March 25, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) (“ContextLogic” or the “Company”) today reminded stockholders to vote “FOR” the proposed Asset Sale transaction with Qoo10 Pte. Ltd. (“Qoo10”) in advance of the special meeting of its stockholders (the “Special Meeting”) scheduled for April 12, 2024.

ContextLogic Stockholders Can Vote Today “FOR” the Value Maximizing Transaction with Qoo10

Alta, Wyoming--(Newsfile Corp. - March 19, 2024) - Rescue WISH is an organization dedicated to fighting for the best interests of all shareholders of ContextLogic, Inc. ("WISH"). ContextLogic, Inc. operates the e-commerce website wish.com and the company's common stock trades on the Nasdaq Stock Market under the ticker WISH.

Rescue WISH Believes That the Transaction Announced by WISH Is in the Best Interests of All Shareholders

Board Unanimously Recommends Stockholders Vote “FOR” Pending Transaction with Qoo10 and Ensure the Preservation of $2.7 Billion of NOLs Stockholders to Receive Proxy Materials in Coming Days to Vote and Approve Transaction Special Meeting to be Held on April 12, 2024 SAN FRANCISCO, March 18, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) (“ContextLogic” or the “Company”) today announced that a special meeting of its stockholders has been called to consider and vote on its proposed transaction with Qoo10 Pte. Ltd. (“Qoo10”), among other related proposals (the “Special Meeting”).

ContextLogic Files Definitive Proxy Statement Regarding Proposed Transaction with Qoo10

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Danger Zone: 3 Risky Stocks to Dump Now Before Losses Mount

SAN FRANCISCO, March 14, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish ) (NASDAQ: WISH), one of the world's largest mobile ecommerce platforms, today announced it has signed satirical YouTubers Zac Alsop and Grandpa Ray to be the face of its fashion category in a campaign that will run from March through to May 2024. The deal has been secured one year on from the serial pranksters faking their way to the top of 2023's London Fashion Week by dressing ‘Grandpa Ray' in a range of outfits styled from everyday household items - including slippers, googly eyes, inflatables, mini umbrellas - all bought exclusively from Wish.

Wish Signs Satirical YouTubers Zac Alsop and Grandpa Ray to Front its Fashion Category

ContextLogic Inc is trading down in extended hours on Monday after reporting disappointing financial results for the fourth quarter. This is a developing story.

ContextLogic ($WISH) narrows loss to 68 million in Q4

SAN FRANCISCO, March 04, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (Nasdaq: WISH) (“ContextLogic,” the “Company,” “we” or “our”), one of the largest mobile ecommerce platforms, today reported its financial results for the quarter and fiscal year ended December 31, 2023.

Wish Reports Fourth-Quarter and Fiscal Year 2023 Financial Results

SAN FRANCISCO, Feb. 27, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) (“ContextLogic” or the “Company”) today announced it will report its fourth quarter and full year 2023 financial results after the close of market on Monday, March 4, 2024. In light of the pending transaction that was announced on February 12, 2024, the Company will not host a conference call or live webcast to discuss these financial results.

Wish to Announce Fourth Quarter and Full Year 2023 Results on March 4, 2024

SAN FRANCISCO, Feb. 26, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish ) (NASDAQ: WISH), one of the world's largest mobile ecommerce platforms, today announced the launch of a much-anticipated trade-in program for old tech. From next month, customers in select European geographies can begin trading-in old devices, including smartphones, laptops, tablets and smartwatches, in return for cash, with no strings attached1.

Wish Launches Trade-In Program on Old Tech Through Partnership with Remarketed

MILWAUKEE , Feb. 13, 2024 /PRNewswire/ -- Ademi LLP is investigating ContextLogic (Wish) (NASDAQ: WISH)  for possible breaches of fiduciary duty and other violations of law in its transaction with Qoo10. Click here to learn how to join the https://www.ademilaw.com/case/contextlogic-inc-wish or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates whether ContextLogic Inc. (Wish) has obtained a Fair Price in its transaction with Qoo10

Wish's new owner faces steep competition from Chinese discount retailers Temu and Shein, which have been on an ad-spending blitz to attract American shoppers.

Wish's deep discount sale to Singapore's Qoo10 ramps up competition for Temu and Shein

ContextLogic (NASDAQ: WISH ) stock is jumping more than 40% after the company announced that it will sell its Wish e-commerce platform to Qoo10 for $173 million in cash. This deal is worth $6.50 per share, according to the company.

News for Wish Stock (WISH)