Company profile

Ticker
AMBR
Exchange
Employees
Incorporated in
Location
Fiscal year end
Former names
Management Dynamics Inc
SEC CIK

AMBR stock data

(
)

Calendar

10 May 19
23 Aug 19
31 Dec 19

News

Company financial data Financial data

Quarter (USD) Mar 19 Dec 18 Sep 18 Jun 18
Revenue 21.1M 21.88M 22.16M 21.06M
Net income -3.32M -2.62M -1.61M -3.95M
Diluted EPS -0.12 -0.09 -0.06 -0.14
Net profit margin -15.75% -11.98% -7.29% -18.77%
Operating income -2.79M -1.88M -1.84M -3.68M
Net change in cash 2.08M
Cash on hand 9.56M 7.47M
Cost of revenue 9.07M
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Revenue 85.17M 79.08M 73.16M 67.11M
Net income -13.6M -12.98M -18.73M -28.08M
Diluted EPS -0.49 -0.47 -0.7 -1.07
Net profit margin -15.97% -16.41% -25.60% -41.84%
Operating income -11.85M -11.4M -17.33M -26.96M
Net change in cash -1.85M -6.09M -2.33M -23.5M
Cash on hand 7.47M 9.32M 15.41M 17.74M
Cost of revenue 38.15M 37.74M 35.74M 36.89M

Financial data from Amber Road earnings reports

Financial report summary

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Competition
OracleOracleOracle
Risks
  • If we are unable to attract new customers or our existing customers do not renew their subscriptions, the growth of our business and cash flows will be adversely affected.
  • The market for cloud-based GTM solutions is still evolving. If this market develops more slowly than we expect, our revenue may decline or fail to grow and we may incur additional operating losses.
  • The information we source from third parties for inclusion in our Global Knowledge library may not be accurate and complete, our trade experts may make errors in interpreting legal and other requirements when processing this information, and our trade content may not be updated on a timely basis, which can expose our customers to fines and other substantial claims and penalties.
  • Our sales cycle can be long and unpredictable and requires considerable time and expense, which may cause our operating results to fluctuate.
  • The complexity of our sales and implementation cycles exposes us to operational risks that we must manage carefully.
  • We face intense competition, and our failure to compete successfully would make it difficult for us to add and retain customers and would impede the growth of our business.
  • Industry consolidation may result in increased competition.
  • We may expand by acquiring or investing in other companies, which may divert our management’s attention, result in additional dilution to our stockholders and consume resources that are necessary to sustain our business.
  • Our success depends in part on our ability to develop and market new and enhanced solutions modules, and we may not be able to do so, or do so quickly enough to respond to changes in demand. Even if we anticipate changes in demand, it may be difficult for us to transition existing customers to new versions of our solutions.
  • Our cost structure is relatively fixed in the short term, which makes it difficult to reduce our expenses quickly in response to declines in revenue or revenue growth.
  • Our solutions are complex and customers may experience difficulty in implementing, upgrading or otherwise achieving the benefits attributable to them.
  • Our software may contain material undetected errors, which could enable or otherwise cause our customers to terminate or not renew their subscriptions, damage our reputation and adversely affect our business, revenue and results of operations.
  • Our business is subject to cyberattacks and security and privacy breaches and if unauthorized persons breach our security measures, or those of third parties that provide infrastructure for, or components of, our GTM solutions, they could access client data, leading clients to curtail or stop their use of our solutions, which could harm our business, financial condition and results of operations.
  • Legal and regulatory changes related to data protection and privacy could create unexpected costs, require changes to our business, impact the use and adoption of our solutions or require us to agree to onerous terms and conditions, which could have an adverse effect on our future revenue, operating results or customer retention.
  • Selling our solutions and services internationally subjects us to various risks.
  • We have a history of losses and we may not achieve or sustain profitability in the future.
  • Uncertainty in global economic conditions may adversely affect our business, operating results or financial condition.
  • Significant developments stemming from the United Kingdom's departure from the EU could have a material adverse effect on us.
  • Declines in new subscriptions or in the rate of renewal of our subscriptions may not be fully reflected in our current period operating results and could lead to future revenue shortfalls that could affect our results of operations.
  • We rely largely on our own employees to sell and implement our solutions and may be at a disadvantage compared to competitors that utilize external channels.
  • If we lose the services of our Chief Executive Officer or other members of our senior management team, it could impair our ability to execute our business strategy and our sales and profitability could suffer.
  • Our business could be adversely affected if we are unable to attract, integrate and retain key personnel.
  • Our growth is dependent upon the continued development and retention of our direct sales force and any failure to hire and/or retain these personnel may impede our growth.
  • We are exposed to exchange rate risks on foreign currencies that may adversely affect our business and results of operations.
  • Interruptions or delays in the delivery of our GTM solutions could impair the availability or use of our solutions, resulting in customer dissatisfaction, damage to our reputation, loss of customers, limited growth and reduction in revenue.
  • If we fail to manage our international operations effectively, our business, financial condition and results of operations could be adversely affected.
  • Political, economic, social and other factors in India and China may adversely affect our operations and our ability to achieve our business objectives.
  • Uncertainties with respect to the Chinese legal system may adversely affect the operations of our Chinese subsidiaries.
  • We may need additional funding and we may be unable to raise capital when needed, which could force us to delay, reduce or eliminate our solutions development programs.
  • Our effective tax rate may fluctuate, and we may incur obligations in tax jurisdictions in excess of amounts that have been accrued.
  • Our ability to use our net operating loss carryforwards may be subject to limitation.
  • Our loan and security agreement with our lender contains operating and financial covenants that may restrict our business and financing activities.
  • We may not be able to adequately protect our intellectual property rights in internally developed software and other materials and efforts to protect them may be costly.
  • Assertions by any other third party that we infringe its intellectual property, whether successful or not, could subject us to costly and time-consuming litigation and expensive licenses.
  • We may be subject to damages resulting from claims that we or our employees have wrongfully used or disclosed alleged trade secrets of employees’ former employers.
  • The market price for our common stock may be volatile.
  • The interests of certain stockholders may conflict with our interests or those of other stockholders, and their actions could disrupt our business and affect the market price and volatility of our securities.
  • We could be negatively affected as a result of a proxy contest or related litigation.
  • The JOBS Act allows us to postpone the date by which we must comply with certain laws and regulations intended to protect investors and to reduce the amount of information we provide in our reports filed with the SEC, which could undermine investor confidence in our company and adversely affect the market price of our common stock.
  • If we are unable to maintain effective internal control over financial reporting, investors could lose confidence in our consolidated financial statements and our company, which could have an adverse effect on our business and stock price.
  • We do not currently intend to pay dividends on our common stock and, consequently, your ability to achieve a return on your investment will depend on the appreciation in the price of our common stock.
  • Anti-takeover provisions in our certificate of incorporation and bylaws, as well as provisions in Delaware law, might discourage, delay or prevent a change of control of our company or changes in our management and, therefore, depress the trading price of our common stock.
  • Sales of a substantial number of shares of our common stock by our existing stockholders in the public market could cause our stock price to fall.
Management Discussion
  • Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations
  • As a leading provider of cloud based global trade management (GTM) solutions, our mission is to dramatically transform the way companies conduct global trade. We help companies create value through their global supply chain by improving margins, achieving greater agility and lowering risk. We do this by creating a comprehensive digital model of the global supply chain, which enables collaboration among buyers, sellers and logistics companies. We replace manual and outdated processes with full automation of import and export activities, and we also provide rich data analytics to uncover areas for optimization, and a platform that is responsive and flexible to adapt to the ever-changing nature of global trade.
  • We deliver our GTM solutions using a Software-as-a-Service (SaaS) model and leverage a highly flexible technology framework to quickly and efficiently meet our customers’ unique requirements around the world. It can be delivered in individual modules or as a suite, depending on our customers’ needs.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
New words: activist, aggregate, Asia, assessment, contest, copyright, deemed, defend, equipment, escalating, failure, GILTI, guarantee, implicit, inception, intangible, introduced, network, patent, proxy, readily, ROU, secret, shown, Supplemental, underlying, warranty
Removed: adjustment, applying, approach, asset, billion, bundle, clause, contingent, depict, diversity, entitled, entity, essential, estate, European, executory, explain, explanation, initially, licensed, line, maintenance, minimum, noncancelable, opening, practice, promised, ranging, real, Rental, scope, steady, updated