E2open Parent Holdings, Inc. (ETWO): history, ownership, mission, how it works & makes money

A Brief History of E2open Parent Holdings, Inc. (ETWO)

Founding and Early Years

E2open Parent Holdings, Inc. was founded in 2000, originally focusing on providing supply chain software solutions. The company was established by a group of executives from different technology backgrounds, aiming to enhance visibility and collaboration in supply chains.

Initial Public Offering

In 2012, E2open went public, trading on the NASDAQ under the ticker symbol ETWO. The IPO was priced at $12 per share, raising approximately $83 million in capital.

Acquisitions and Growth Strategies

To bolster its market position, E2open made several strategic acquisitions:

• In 2016, E2open acquired Amber Road for $45 million, expanding its global trade management capabilities.
• In 2019, E2open acquired Logility, a significant player in the supply chain optimization market, further enhancing its software portfolio.
• In 2021, E2open announced the acquisition of Chain.io to integrate real-time data connectivity into its platform.

Financial Performance

E2open's revenue has shown a consistent upward trend since its inception. Recent financial data is as follows:

Market Position and Competitors

As of 2023, E2open ranks among the top providers in supply chain solutions, competing with companies like:

• SAP
• Oracle
• Kinaxis
• Blue Yonder (formerly JDA Software)

Recent Developments

In 2023, E2open announced the launch of its enhanced collaboration suite, incorporating AI-driven analytics and predictive insights. This initiative aimed to improve supply chain resilience amid global disruptions.

Stock Performance

As of October 2023, the stock performance of E2open reflected fluctuations in the market:

A Who Owns E2open Parent Holdings, Inc. (ETWO)

Ownership Structure

E2open Parent Holdings, Inc. (ETWO) operates under a complex ownership structure characterized by institutional investors, insider ownership, and public shareholders. As of the latest data, the total shares outstanding are approximately 102 million shares.

Major Shareholders

Insider Ownership

Insider ownership comprises a notable portion of E2open's equity. The current management team, including the CEO and CFO, holds approximately 4.3% of the shares, translating to around 4.39 million shares. Key insiders include:

• Chief Executive Officer: Mark Woodward
• Chief Financial Officer: Peter B. Gaffney
• President: Michael M. Smith

Market Capitalization

The market capitalization of E2open Parent Holdings, Inc. as of the latest trading day is approximately $1.92 billion, based on a stock price of $18.88 per share.

Recent Performance and Trends

In the most recent fiscal quarter, E2open reported a revenue of $52.6 million and a net loss of $5.3 million. The company’s revenue growth year-over-year was approximately 10%.

Stock Performance

ETWO has experienced fluctuations in stock performance over the past year, with a low of $13.00 and a high of $23.00. As of now, the stock is trading at:

• Current Price: $18.88
• 52-week High: $23.00
• 52-week Low: $13.00

Investment Management

Several investment management firms closely monitor E2open. The most significant of these include:

• BlackRock, Inc. - $2.5 trillion in assets under management
• The Vanguard Group - $7.3 trillion in assets under management
• Wellington Management - $1.4 trillion in assets under management

Conclusion on Ownership Dynamics

The ownership dynamics of E2open Parent Holdings, Inc. reflect a blend of institutional influence and insider capital. As of the latest reports, the company is well-positioned in its market, bolstered by significant institutional backing and a committed management team.

E2open Parent Holdings, Inc. (ETWO) Mission Statement

Company Overview

E2open Parent Holdings, Inc., traded as ETWO, focuses on supply chain solutions. The company aims to provide networked supply chain solutions that optimize the global supply chain. E2open offers tools for planning, execution, and visibility of supply chain operations. As of 2023, the market capitalization of E2open stands at approximately $1.3 billion.

Mission Statement

The mission statement of E2open is to "enable every company to achieve collaborative planning and execution by transforming their supply chain into an integrated and intelligent network." This reflects their commitment to enhancing operational efficiency and agility within the supply chain.

Core Values

• Collaboration: Promoting collective engagement among partners for optimized outcomes.
• Innovation: Continuously evolving technology solutions to meet changing market dynamics.
• Integrity: Upholding transparency and ethical standards in all operations.
• Customer-Centricity: Focusing on delivering value and solutions tailored to customer needs.

Financial Performance

As of the fiscal year 2023, E2open reported the following financial data:

Strategic Goals

E2open's strategic goals for the next five years include:

• Expansion into new geographic markets, aiming for a 20% revenue increase from international clients.
• Development of new product features with a focus on artificial intelligence and machine learning.
• Enhance partnerships with major logistics providers, targeting a 15% increase in joint solutions offerings.
• Increase customer retention rates by 10% through improved service delivery.

Market Position

E2open competes within a vibrant landscape of supply chain management software. The company is positioned to take advantage of the growing demand for integrated supply chain solutions, projected to reach a market value of $30 billion by 2025.

Technology and Innovation

The technology framework of E2open integrates cloud-based platforms and advanced analytics, offering customers a streamlined user experience. As of 2023, E2open has invested approximately $50 million in R&D to advance their technology offerings.

Customer Base

E2open serves a diverse range of industries including:

• Consumer Products
• Manufacturing
• Healthcare
• Retail
• Automotive

The client roster includes major corporations such as Procter & Gamble, Johnson & Johnson, and Unilever.

Corporate Social Responsibility

E2open is committed to corporate social responsibility, emphasizing:

• Sustainability practices in supply chain operations.
• Community engagement initiatives that support education and development.

In 2022, E2open contributed over $1 million towards educational programs for underprivileged communities.

How E2open Parent Holdings, Inc. (ETWO) Works

Business Model

E2open Parent Holdings, Inc. operates a cloud-based software platform that facilitates the management of supply chain and logistics operations. The company provides solutions designed to optimize the entire supply chain process, including planning, execution, and visibility.

Revenue Streams

The primary revenue streams for E2open include:

• Subscription fees for software access
• Professional services and consulting
• Maintenance and support services

Financial Performance

As of the fiscal year ending April 2023, E2open reported the following financial figures:

Market Position

E2open operates in a competitive landscape, with several key players including SAP, Oracle, and Kinaxis. As of late 2023, the company's market capitalization is approximately $1.1 billion.

Customer Base

The customer base for E2open encompasses a diverse range of industries:

• Manufacturing
• Consumer Goods
• Retail
• Healthcare
• Technology

Geographical Presence

E2open serves clients globally, with a notable presence in North America, Europe, and Asia-Pacific. The following table summarizes their geographical revenue distribution:

Technological Innovation

E2open invests significantly in technological advancements, focusing on:

• Machine learning for demand forecasting
• Blockchain for supply chain transparency
• AI-driven analytics for decision-making

Strategic Partnerships

The company has formed several strategic partnerships to enhance its market presence and technological capabilities, which include collaborations with:

• Logistics service providers
• Cloud platform providers
• Data analytics companies

Recent Developments

In 2023, E2open completed the acquisition of a complementary supply chain analytics firm, which is expected to enhance its product offerings and expand its customer base.

Future Outlook

The company anticipates revenue growth driven by increasing demand for supply chain solutions, projected to achieve a compound annual growth rate (CAGR) of approximately 10% from 2024 to 2029.

How E2open Parent Holdings, Inc. (ETWO) Makes Money

Revenue Streams

E2open generates revenue primarily through subscription-based services, which provide supply chain management solutions. In the fiscal year 2022, E2open reported a total revenue of $241.7 million, representing an increase from $186.3 million in the previous fiscal year.

Subscription and Support Revenue

Subscription and support revenue accounted for approximately 89% of total revenue. For fiscal year 2022, this amounted to $215.2 million, up from $165.8 million in fiscal year 2021.

Professional Services Revenue

The remainder of the revenue, approximately 11%, comes from professional services, which includes consulting and implementation services. In fiscal year 2022, this revenue was approximately $26.5 million, compared to $20.5 million in fiscal year 2021.

Key Financial Metrics

Market Segments

E2open primarily serves industries such as manufacturing, retail, and logistics. The company has a diversified customer base, including notable clients like Procter & Gamble, Boeing, and PepsiCo.

Product Offerings

The company’s solutions include:

• Supply Chain Planning
• Supply Chain Execution
• Supply Chain Visibility
• Demand Forecasting
• Inventory Management

Customer Growth

In fiscal year 2022, E2open reported an increase in customers, reaching a total of 1,600 clients, a significant rise from 1,400 in fiscal year 2021.

Investment and Growth Strategy

To fuel growth, E2open has made strategic acquisitions, including the purchase of Amber Road in 2021, enhancing its product offerings and market reach. The acquisition contributed to a revenue growth of approximately $25 million post-acquisition.

Financial Outlook

For fiscal year 2023, E2open projects revenue to grow between $270 million to $280 million, continuing its upward trajectory in the supply chain management sector.