Pattern Group Inc. PTRN
Pattern is a global ecommerce acceleration platform that helps consumer brands sell products on global ecommerce marketplaces.
Our proprietary technology and on-demand experts operate across more than 70 marketplaces to increase product sales to consumers in more than 100 countries. Utilizing more than 66 trillion data points and sophisticated machine learning and artificial intelligence ("AI"), we strive to optimize and automate key levers of ecommerce growth, including advertising, content creation and management, pricing, forecasting and customer service.
The result is a powerful platform that allows brands to navigate the complexity of operating on global ecommerce marketplaces at scale.
Pattern's platform sits as a thin layer between brands, marketplaces and consumers. We believe that one of the best ways to monetize our technology and expertise is by purchasing products from our brand partners and selling those products to consumers on global marketplaces. We generate the substantial majority of our revenue from consumer product sales on global ecommerce marketplaces.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $2.50B | $1.80B | $1.37B | — |
| Cost of revenue | $1.41B | $1.01B | $765.2M | — |
| Gross profit | $1.09B | $781.3M | $601.2M | — |
| R&D | $46.3M | $18.0M | $14.6M | — |
| SG&A | $523.1M | $338.5M | $276.3M | — |
| Total operating expenses | $2.48B | $1.71B | $1.31B | — |
| Operating income | $25.4M | $87.2M | $52.8M | — |
| Interest expense | $231.0K | $98.0K | $33.0K | — |
| Pre-tax income | -$794.0K | $91.2M | $56.3M | — |
| Income tax | $17.0M | $23.4M | $15.1M | — |
| Net income | $16.2M | $67.9M | $41.3M | — |
| EPS, basic | -1.36 | 0.47 | 0.22 | — |
| EPS, diluted | -1.36 | 0.47 | 0.22 | — |
| Shares, diluted (wtd. avg.) | $115.0M | $90.8M | $90.8M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Cash and equivalents | $289.0M | $175.6M | $127.2M | $99.2M |
| Receivables | $177.2M | $106.9M | — | — |
| Inventory | $294.7M | $264.1M | — | — |
| Total current assets | $792.6M | $558.1M | — | — |
| Property, plant and equipment | $41.1M | $35.0M | — | — |
| Goodwill | $37.8M | $25.9M | $25.9M | — |
| Other intangibles | $16.7M | $6.9M | — | — |
| Total assets | $947.6M | $664.4M | — | — |
| Accounts payable | $275.0M | $211.6M | — | — |
| Total current liabilities | $338.5M | $257.7M | — | — |
| Total liabilities | $366.6M | $285.1M | — | — |
| Retained earnings | $28.7M | $106.9M | — | — |
| Total equity | $581.0M | $108.7M | $42.4M | $11.0K |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Operating cash flow | $99.4M | $70.3M | $41.5M | — |
| Depreciation and amortisation | $16.8M | $14.8M | $12.1M | — |
| Stock-based compensation | $97.3M | $0 | -$206.0K | — |
| Capital expenditure | $20.5M | $20.4M | $14.5M | — |
| Investing cash flow | -$39.8M | -$20.4M | -$14.5M | — |
| Financing cash flow | $53.7M | -$2.9M | $0 | — |
| Buybacks | $0 | $2.9M | $0 | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001811935-26-000013.
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