Latest news with #e2open
AU Financial Review
3 days ago
- Business
- AU Financial Review
WiseTech faces competition concerns after $3.2b acquisition of e2open
Customers of the American freight business being acquired by WiseTech Global for $3.2 billion have asked the competition regulator to unwind the deal, concerned that the ASX-listed software giant will be too dominant. WiseTech, chaired by controversial billionaire businessman Richard White, said it would acquire e2open in May, adding its Expedient software to its CargoWise product. Both platforms are used by companies that ship goods around the world to create documents needed for customs officials.
Yahoo
28-07-2025
- Business
- Yahoo
Investing in 2026: What Tariffs and Inflation Could Mean for Your Money Next Year
Concerns about the impacts of tariffs imposed by President Donald Trump and the potential for inflation to keep rising have many Americans worried about what 2026 could bring. Find Out: Read Next: Everyone wants their investments to continue to do well, be they retirement accounts or individual brokerage accounts, though many factors are out of their control. Experts explained what the average American investor needs to know about the impact of tariffs and inflation on your money next year. Tariffs Are a Tax Paid by American Consumers The hard reality is that high, across-the-board tariffs hurt everyone, according to John Lash, GVP of product strategy at e2open, a supply chain platform. 'Despite the rhetoric, these tariffs are a tax paid for by American consumers, plain and simple. The same goes for retaliatory tariffs by foreign nations on U.S. exports. Higher taxes mean higher prices,' he said. While tariffs themselves are not inherently bad when used sparingly to protect the economy, he warned, 'When used indiscriminately, tariffs become a blunt tool — more like an economic cudgel.' Learn More: How Tariffs and Inflation Could Undermine Your Savings Tariffs could affect your savings in three main ways, according to Bradley Thompson, CFA, a financial professional with New Canaan Group in alliance with Equitable Advisors. Your short- and long-term spending, and therefore how much of your income you can save. The amount of interest you receive from your current savings. The value of your investment savings. Inflation also affects savings through rising prices and the way people spend money. 'You're seeing this already through a combination of anecdotal evidence and real data, for example in the used car market. Higher auto prices played a role in offsetting lower energy costs in last week's PCE numbers as consumers moved forward purchases of cars to avoid higher prices later,' Thompson said. He added that a significant portion of gains on savings comes from treasury interest. 'If rates are cut at the same time prices are higher it could doubly impact the savings/spending rate of retirees.' Consumers with high accumulated cash balances in high-yield savings or money markets should look to lock in higher rates now for savings they don't need soon. A Dangerous Feedback Loop for Prices If higher inflation plus tariffs continue to drive consumer behavior, it could lead to a self-perpetuating problem, Thompson warned. 'This could create a negative feedback loop where higher prices beget higher prices,' he said. Workers would likely start to demand higher pay, forcing inflation higher. 'This is called a wage price spiral and something the Fed is keen to prevent. 'If there is a short, temporary shock to the economy via a one-time price increase, consumers can likely withstand it, albeit with some pain, because savings rates are still positive and demand and spending are still strong.' However, there are signs of concern including 'cracks in consumer credit such as a higher number of consumers making minimum payments on credit cards as well as rising auto and mortgage delinquencies.' This shows there may be limited capacity for individuals to pay higher prices and still continue saving, 'but it's not at alarming levels yet.' How the Stock Market and Your Wealth Could Be Affected The average American is more invested in stocks than ever before, so what happens to the stock market affects them more dramatically, Thompson said. The market is a leading economic indicator due to the 'wealth effect,' in which people who feel wealthier (through stock gains) are more inclined to spend, borrow and change jobs. The opposite is also true. 'We're already seeing heavily depressed consumer sentiment numbers that reflect high degrees of uncertainty about the future,' Thompson warned. If tariff policy continues to weigh down corporate earnings, it could cause further drawdowns of the stock market. 'This could produce a second negative feedback loop where people feel poorer and therefore try to spend less, further dampening corporate earnings … and that in turn could impact their long-term savings by depressing their rate of return on their assets during the wealth accumulation phase of their lives.' Where Experts Say To Invest in 2026 In an inflationary environment reinforced by tariffs, Michael Von Bevern, co-managing director of Suntera Fund Services, suggested investors should tilt 'toward assets with built-in inflation resilience.' 'TIPS and commodities are the usual suspects, but in private markets, we're also seeing increased allocation to floating-rate private credit, infrastructure assets and businesses with recurring revenue models and high gross margins.' These structures can absorb cost increases and still maintain earnings stability, he explained. He also suggested sectors like domestic agriculture, U.S.-based hardware manufacturing and renewable energy could benefit from these changes. 'These sectors have typically flown under the radar but are becoming more investable as tariffs increase the competitiveness of U.S. output.' Prepare, Don't Panic While talk about tariffs and inflation may feel overwhelming, they have very real consequences for everyday consumers and investors. From higher prices at checkout to volatile market returns and changing savings strategies, 2026 may bring a need to be more deliberate about your finances. More From GOBankingRates How Much Money Is Needed To Be Considered Middle Class in Your State? This article originally appeared on Investing in 2026: What Tariffs and Inflation Could Mean for Your Money Next Year Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-07-2025
- Business
- Yahoo
E2open Announces Fiscal 2026 First Quarter Financial Results
Q1-FY26 GAAP subscription revenue of $132.9 million, above high end of Q1 guidance range Continued strong cash generation in Q1-FY26 DALLAS, July 10, 2025--(BUSINESS WIRE)--E2open Parent Holdings, Inc. (NYSE: ETWO) ("e2open" or the "Company"), the connected supply chain SaaS platform with the largest multi-enterprise network, today announced financial results for its fiscal first quarter ended May 31, 2025. "Our first quarter results demonstrate that our core business continues to strengthen and underscore the progress we have made in putting e2open back on a sustainable growth path," said Andrew Appel, e2open chief executive officer. "Our entire e2open team remains focused on client satisfaction and retention, flawless delivery of our products, and value-added innovation. These efforts came to fruition in Q1 as we returned to year-over-year subscription revenue growth. I believe e2open is well positioned for the next chapter in the company's development, which is our pending acquisition by WiseTech Global as announced in late May. Our e2open team is excited by the opportunity to partner with WiseTech in bringing industry-leading supply chain management capabilities to our many clients." "In Q1 FY26, e2open delivered subscription revenue above the high end of our guidance, marking our first year-over-year subscription revenue growth since mid-FY24. We also continued our trend of strong adjusted EBITDA and cash flow," said Marje Armstrong, chief financial officer of e2open. "We are confirming all elements of our full-year guidance issued last quarter and want to thank all our employees for their support and dedication as we move forward with the WiseTech transaction, which we expect to close by the end of this calendar year." Fiscal First Quarter 2026 Financial Highlights Revenue GAAP subscription revenue for the first quarter of 2026 was $132.9 million, an increase of 1.1% from the year-ago comparable period and 87.0% of total revenue. Subscription revenue increased 0.9% on a constant currency basis. Total GAAP revenue for the first quarter of 2026 was $152.6 million, an increase of 1.0% from the year-ago comparable period. Total revenue increased 0.7% on a constant currency basis. GAAP gross profit for the first quarter of 2026 was $73.6 million, an increase of 1.3% from the year-ago comparable period. Non-GAAP gross profit was $102.4 million, a decrease of 0.2% and down 0.2% on a constant currency basis. GAAP gross margin for the first quarter of 2026 was 48.2% compared to 48.1% for the year-ago comparable period. Non-GAAP gross margin was 67.1% compared to 67.8% from the comparable year-ago period. GAAP net loss for the first quarter of 2026 was $15.5 million compared to a net loss of $42.8 million from the year-ago comparable period. Adjusted EBITDA for the first quarter of 2026 was $52.2 million, an increase of 3.0% from the comparable year-ago period. Adjusted EBITDA margin was 34.2% versus 33.6% from the comparable year-ago period. GAAP EPS for the first quarter of 2026 was a loss of $0.05. Adjusted EPS for the first quarter of 2026 was $0.05. Recent Business Highlights Announced acquisition by WiseTech Global, concluding e2open's strategic review. Closed new logo and cross-sell business with large, well-known global companies in diverse market segments including manufacturing, high-tech and electronics, consumer retail, apparel, consumer packaged goods, and food and beverage. These clients selected e2open solutions across the platform to increase productivity and efficiency, reduce risk, improve compliance, significantly reduce or eliminate manual processes, and enhance their ability to serve their own customers. Opened registration for Connect 2025 Global Supply Chain Summit, e2open's annual customer conference, which will be held October 14 to 16 in Amsterdam. Connect brings together clients, partners, and e2open leaders for a robust agenda covering industry trends and best practices, client use cases, product innovation, knowledge sharing, and networking. Among the wins in the first quarter was a large cross-sell expansion with a leading global active health and wellness company, which selected e2open as a strategic partner as part of its digital supply chain transformation. Building upon its use of e2open Transportation Management, Parcel, and Global Trade Management applications, the client added Demand Planning, Supply Planning, and Multi-Echelon Inventory Optimization (MEIO) applications to increase productivity and manage supply as the company prioritizes scalable solutions to navigate the complexities of growth. Among the customer go-lives in the first quarter was a large multinational manufacturer of frozen and fresh food products that expanded Transportation Management to its Mexico division, providing comprehensive controls and reporting capabilities for managing the entire North American transportation network. This advancement enhances user productivity in daily operations, streamlines workflows, and facilitates quicker decision-making. As a result, the division can better respond to demand fluctuations and optimize resource allocation, ultimately improving overall operational performance. Financial Outlook for Fiscal Year 2026 As of July 10, 2025, e2open is reiterating full year 2026 guidance previously provided on April 29, 2025, as follows: GAAP subscription revenue for fiscal 2026 is expected to be in the range of $525 million to $535 million, reflecting a 0.4% growth rate at the mid-point. Total GAAP revenue for fiscal 2026 is expected to be in the range of $600 million to $618 million, reflecting a positive 0.2% growth rate at the mid-point. Non-GAAP gross profit margin for fiscal 2026 is expected to be in the range of 68% to 68.5%. Adjusted EBITDA for fiscal 2026 is expected to be in the range of $200 million to $210 million with an implied adjusted EBITDA margin in the range of 33% to 34%. Quarterly Conference Call E2open will host a conference call today at 5:00 p.m. ET to review fiscal first quarter 2026 financial results and the Company's outlook for fiscal year 2026. To access this call, dial 888-506-0062 (domestic) or 973-528-0011 (international). The conference ID is 656761. A live webcast of the conference call will be accessible in the "Investor Relations" section of e2open's website at A replay of this conference call can also be accessed through July 10, 2026, at 877-481-4010 (domestic) or 919-882-2331 (international). The replay passcode is 52634. An archived webcast of this conference call will also be available after the completion of the call in the "Investor Relations" section of the Company's website at About e2open E2open is the connected supply chain software platform that enables the world's largest companies to transform the way they make, move, and sell goods and services. With the broadest cloud-native global platform purpose-built for modern supply chains, e2open connects more than 500,000 manufacturing, logistics, channel, and distribution partners as one multi-enterprise network tracking over 18 billion transactions annually. Our SaaS platform anticipates disruptions and opportunities to help companies improve efficiency, reduce waste, and operate sustainably. Moving as one.™ Learn More: E2open and "Moving as one." are the registered trademarks of E2open, LLC. All other trademarks, registered trademarks and service marks are the property of their respective owners. Non-GAAP Financial Measures This press release includes certain financial measures not presented in accordance with generally accepted accounting principles ("GAAP") including non-GAAP revenue, non-GAAP subscription revenue, non-GAAP professional services and other revenue, adjusted EBITDA, adjusted EBITDA margin, non-GAAP gross profit, adjusted net income, non-GAAP gross margin, adjusted free cash flow, adjusted operating cash flow and adjusted earnings per share. These non-GAAP financial measures are not a measure of financial performance in accordance with GAAP and may exclude items that are significant in understanding and assessing the Company's financial results. Therefore, these measures should not be considered in isolation or as an alternative to revenue, net income, cash flows from operations or other measures of profitability, liquidity, or performance under GAAP. You should be aware that the Company's presentation of these measures may not be comparable to similarly titled measures used by other companies. The Company believes these non-GAAP measures provide useful information to management and investors regarding certain financial and business trends relating to the Company's financial condition and results of operations. The Company believes that the use of these non-GAAP financial measures provides an additional tool for investors to use in evaluating ongoing operating results and trends in comparing the Company's financial measures with other similar companies, many of which present similar non-GAAP financial measures to investors. These non-GAAP financial measures are subject to inherent limitations as they reflect the exercise of judgments by management about which expense and income are excluded or included in determining these non-GAAP financial measures. NOTE: E2open is unable to quantify certain amounts that would be required to be included in the most directly comparable GAAP financial measures for non-GAAP gross profit margin, adjusted EBITD, or adjusted EBITDA margin without unreasonable effort, and therefore no reconciliation of certain forward-looking non-GAAP financial measures for non-GAAP gross profit margin, adjusted EBITDA, or adjusted EBITDA margin is included. Forward Looking Statement Disclaimer This press release contains "forward-looking" statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the proposed acquisition of e2open, anticipated future financial performance and results of e2open and expected timing of the closing of the proposed acquisition and other transactions contemplated by the merger agreement governing the transaction (the "Mergers"). These forward-looking statements are based on e2open management's beliefs and assumptions and on information currently available to e2open management. Forward-looking statements include all statements that are not historical facts and may be identified by terms such as "may," "will," "could," "would," "should," "expect," "plan," "anticipate," "intend," "believe," "estimate," "predict," "potential," "outlook," "guidance," or similar expressions and the negatives of those terms. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. The Company has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While the Company believes these expectations, assumptions, estimates, and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond the Company's control. These and other important factors may cause actual results, performance or achievements to differ materially from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include: uncertainties associated with the proposed Mergers; risk associated with the failure to complete the Mergers and its effect on our business and the market price of our shares of our Class A Common Stock; limitations on our ability to pursue alternatives to the Mergers under the merger agreement; restrictions imposed on the conduct of our business during the term of the proposed Mergers; potential litigation instituted against us challenging the proposed Mergers; the effect of the volatile, negative or uncertain macro-economic and political conditions, tariffs, inflation, changes in interest rates, fluctuations in foreign currency exchange rates and the potential effects of these factors on our business, our slowing growth rate, results of operations and financial condition as well as our clients' businesses and levels of business activity; the inability to realize the value of the goodwill and intangible assets, which could result in the incurrence of material charges related to the impairment of those assets; the inability to develop and market new product innovations and monetize our network; the slowing of our growth rate due to lower than anticipated new bookings and higher than expected churn; risks associated with our acquisitions, including churn, the ability to maintain client relationships and greater than expected liabilities; the inability to attract new clients or upsell/cross sell existing clients or the failure to renew existing client subscriptions on terms favorable to us; risks associated with our international operations, including the risks created by geopolitical instability; the failure of the market for cloud-based SCM solutions to develop as quickly as we expect or failure to compete successfully in a fragmented and competitive SCM market; the diversion of management's attention and consumption of resources as a result of the strategic alternatives process; failure to maintain adequate operational and financial resources or raise additional capital or generate sufficient cash flows; cyber-attacks and security vulnerabilities; and inability to attract or retain key employees. More information on factors that could cause our actual results or events to differ from those expressed in forward-looking statements are included from time to time in our reports filed with the SEC including in Part I, Item 1A, Risk Factors in our Annual Report on Form 10-K for the fiscal year ended February 28, 2025, filed with the SEC on April 29, 2025 (2025 Form 10-K). The forward-looking statements included in this press release are made only as of the date hereof. Except as required by applicable law or regulation, e2open does not undertake to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. E2OPEN PARENT HOLDINGS, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) Three Months Ended May 31, (In thousands, except per share amounts) 2025 2024 Revenue Subscriptions $ 132,870 $ 131,404 Professional services and other 19,740 19,759 Total revenue 152,610 151,163 Cost of Revenue Subscriptions 38,385 37,099 Professional services and other 16,848 16,752 Amortization of acquired intangible assets 23,786 24,652 Total cost of revenue 79,019 78,503 Gross Profit 73,591 72,660 Operating Expenses Research and development 23,354 24,797 Sales and marketing 20,173 20,996 General and administrative 21,415 23,343 Acquisition-related expenses 5,485 283 Amortization of acquired intangible assets 5,611 20,086 Total operating expenses 76,038 89,505 Loss from operations (2,447 ) (16,845 ) Other income (expense) Interest and other expense, net (20,054 ) (25,373 ) Gain (loss) from change in tax receivable agreement liability 20,727 (3,974 ) Gain from change in fair value of warrant liability 479 3,761 Loss from change in fair value of contingent consideration (12,060 ) (2,280 ) Total other expense (10,908 ) (27,866 ) Loss before income tax provision (13,355 ) (44,711 ) Income tax (expense) benefit) (2,168 ) 1,923 Net loss (15,523 ) (42,788 ) Less: Net loss attributable to noncontrolling interest (1,397 ) (3,926 ) Net loss attributable to E2open Parent Holdings, Inc. $ (14,126 ) $ (38,862 ) Weighted-average common shares outstanding: Basic 310,513 306,732 Diluted 310,513 306,732 Net loss attributable to E2open Parent Holdings, Inc. common shareholders per share: Basic $ (0.05 ) $ (0.13 ) Diluted $ (0.05 ) $ (0.13 ) E2OPEN PARENT HOLDINGS, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (In thousands) May 31, 2025 February 28, 2025 Assets Cash and cash equivalents $ 230,197 $ 197,350 Restricted cash 9,818 14,785 Accounts receivable, net 108,184 133,436 Prepaid expenses and other current assets 35,729 34,025 Total current assets 383,928 379,596 Goodwill 1,243,848 1,213,794 Intangible assets, net 647,513 673,026 Property and equipment, net 60,927 61,278 Operating lease right-of-use assets 12,869 14,977 Other noncurrent assets 28,724 28,364 Total assets $ 2,377,809 $ 2,371,035 Liabilities, Redeemable Share-Based Awards and Stockholders' Equity Accounts payable and accrued liabilities $ 85,372 $ 74,829 Channel client deposits payable 9,818 14,785 Deferred revenue 203,117 216,740 Current portion of tax receivable agreement liability 42,709 4,158 Current portion of notes payable 11,223 11,264 Current portion of operating lease obligations 5,807 6,146 Current portion of financing lease obligations 2,025 2,143 Income taxes payable 6,213 3,337 Total current liabilities 366,284 333,402 Long-term deferred revenue 3,026 1,536 Operating lease obligations 9,025 10,838 Financing lease obligations 2,740 3,170 Notes payable 1,029,604 1,031,180 Tax receivable agreement liability - 59,277 Warrant liability 103 582 Contingent consideration 17,188 5,128 Deferred taxes 48,369 48,104 Other noncurrent liabilities 646 648 Total liabilities 1,476,985 1,493,865 Commitments and Contingencies Redeemable share-based awards 167 191 Stockholders' Equity Class A common stock 31 31 Class V common stock — — Series B-1 common stock — — Series B-2 common stock — — Additional paid-in capital 3,452,223 3,444,584 Accumulated other comprehensive loss (32,273 ) (63,835 ) Accumulated deficit (2,547,659 ) (2,533,533 ) Treasury stock, at cost (2,473 ) (2,473 ) Total E2open Parent Holdings, Inc. equity 869,849 844,774 Noncontrolling interest 30,808 32,205 Total stockholders' equity 900,657 876,979 Total liabilities, redeemable share-based awards and stockholders' equity $ 2,377,809 $ 2,371,035 E2OPEN PARENT HOLDINGS, INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) Three Months Ended May 31, (In thousands) 2025 2024 Cash flows from operating activities Net loss $ (15,523 ) $ (42,788 ) Adjustments to reconcile net loss to net cash from operating activities: Depreciation and amortization 36,698 53,605 Amortization of deferred commissions 3,070 2,109 Provision for credit losses 272 151 Amortization of debt issuance costs 1,351 1,320 Amortization of operating lease right-of-use assets 1,400 1,722 Share-based compensation 11,251 11,787 Deferred income taxes (3,296 ) (5,972 ) Right-of-use assets impairment charge 305 — (Gain) loss from change in tax receivable agreement liability (20,727 ) 3,974 Gain from change in fair value of warrant liability (479 ) (3,761 ) Loss from change in fair value of contingent consideration 12,060 2,280 (Gain) loss on disposal of property and equipment (8 ) 79 Changes in operating assets and liabilities: Accounts receivable 24,980 50,047 Prepaid expenses and other current assets (1,639 ) (3,905 ) Other noncurrent assets (2,894 ) (2,544 ) Accounts payable and accrued liabilities 7,466 (10,702 ) Channel client deposits payable (4,967 ) 1,177 Deferred revenue (12,134 ) (26,403 ) Changes in other liabilities 4,609 3,740 Net cash provided by operating activities 41,795 35,916 Cash flows from investing activities Capital expenditures (7,326 ) (6,084 ) Net cash used in investing activities (7,326 ) (6,084 ) Cash flows from financing activities Repayments of indebtedness (2,813 ) (2,808 ) Repayments of financing lease obligations (547 ) (353 ) Proceeds from exercise of stock options — 155 Payments of debt issuance costs (536 ) — Net cash used in financing activities (3,896 ) (3,006 ) Effect of exchange rate changes on cash and cash equivalents (2,693 ) 76 Net increase in cash, cash equivalents and restricted cash 27,880 26,902 Cash, cash equivalents and restricted cash at beginning of period 212,135 149,038 Cash, cash equivalents and restricted cash at end of period $ 240,015 $ 175,940 E2OPEN PARENT HOLDINGS, INC. RECONCILIATION OF PRO FORMA INFORMATION TABLE I (in millions) Q1 Q1 $ Var % Var FY2026 FY2025 PRO FORMA REVENUE RECONCILIATION Total GAAP Revenue 152.6 151.2 1.5 1.0% Constant currency FX impact (1) (0.4) - (0.4) n/m Total non-GAAP revenue (constant currency basis) (2) $152.3 $151.2 $1.1 0.7% GAAP Subscription Revenue 132.9 131.4 1.5 1.1% Constant currency FX impact (1) (0.3) - (0.3) n/m Non-GAAP subscription revenue (constant currency basis) (2) $132.6 $131.4 $1.2 0.9% GAAP Professional Services and other revenue 19.7 19.8 (0.0) (0.1%) Constant currency FX impact (1) (0.1) - (0.1) n/m Non-GAAP professional services and other revenue (constant currency basis) (2) $19.7 $19.8 ($0.1) (0.4%) PRO FORMA GROSS PROFIT RECONCILIATION GAAP Gross profit 73.6 72.7 0.9 1.3% Depreciation and amortization 26.4 28.5 (2.1) (7.5%) Share-based compensation (3) 1.7 1.2 0.4 36.4% Non-recurring/non-operating costs (4) 0.8 0.2 0.6 300.0% Non-GAAP gross profit $102.4 $102.6 ($0.2) (0.2%) Non-GAAP Gross Margin % 67.1% 67.8% Constant currency FX impact (1) (0.1) - (0.1) n/m Total non-GAAP gross profit (constant currency basis) (2) $102.3 $102.6 ($0.3) (0.2%) Non-GAAP Gross Margin % (constant currency basis) (2) 67.2% 67.8% PRO FORMA ADJUSTED EBITDA RECONCILIATION Net income (loss) (15.5) (42.8) 27.3 n/m Interest expense, net 22.1 24.7 (2.6) (10.6%) Income tax expense (benefit) 2.2 (1.9) 4.1 n/m Depreciation and amortization 36.7 53.6 (16.9) (31.5%) EBITDA $45.4 $33.6 $11.8 35.2% Share-based compensation (3) 11.3 11.8 (0.5) (4.6%) Non-recurring/non-operating costs (4) (1.1) 2.6 (3.7) n/m Acquisition-related adjustments (5) 5.5 0.3 5.2 1,857.1% Change in tax receivable agreement liability (6) (20.7) 4.0 (24.7) n/m Change in fair value of warrant liability (7) (0.5) (3.8) 3.3 (87.2%) Change in fair value of contingent consideration (8) 12.1 2.3 9.8 428.9% Right-of-use assets impairment charge (9) 0.3 - 0.3 n/m Adjusted EBITDA $52.2 $50.7 $1.5 3.0% Adjusted EBITDA Margin % 34.2% 33.6% Constant currency FX impact (1) 0.1 - 0.1 n/m Total adjusted EBITDA (constant currency basis) (2) $52.3 $50.7 $1.6 3.2% Adjusted EBITDA Margin % (constant currency basis) (2) 34.4% 33.6% (1) Constant Currency refers to pro-forma amounts excluding the impact of translating foreign currencies into U.S. dollars. To calculate foreign currency translation on a constant currency basis, operating results for the current year period for entities reporting in currencies other than the U.S. dollar are translated into U.S. dollars at the exchange rates in effect during the comparable period of the prior year (rather than the actual exchange rates in effect during the current year period). (2) Constant Currency refers to pro forma amounts excluding translation and transactional impacts from foreign currency exchange rates. (3) Reflects non-cash, long-term share-based compensation expense. (4) Primarily includes non-recurring expenses such as the non-acquisition severance related to cost reduction initiatives, reorganizations and executive transition costs; foreign currency transaction gains and losses; systems integrations; legal entity rationalization and non-recurring consulting and advisory fees. (5) Primarily includes advisory, consulting, accounting and legal expenses incurred in connection with the strategic review. (6) Represents the fair value adjustment at each balance sheet date for the Tax Receivable Agreement along with the associated interest. (7) Represents the fair value adjustment at each balance sheet date of the warrant liability related to our warrants. (8) Represents the fair value adjustment at each balance sheet date of the contingent consideration liability related to the restricted B-2 common stock and Series 2 RCUs. (9) Represents the impairment on our operating lease ROU assets and leasehold improvements due to vacating certain facilities. E2OPEN PARENT HOLDINGS, INC. RECONCILIATION OF NON-GAAP EXPENSES TABLE II Fiscal First Quarter 2026 (in millions) GAAP Non-recurring(1) Depreciation&Amortization Share-BasedCompensation Non-GAAP(Adjusted) % ofRevenue ImpairmentCharges(2) COST OF GOODS Subscriptions 38.4 (0.7) - (2.4) (1.0) 34.2 25.7% Professional services and other 16.9 (0.1) - (0.1) (0.6) 16.0 81.2% Amortization of intangibles 23.8 - - (23.8) 0.0 - Total cost of revenue $79.0 ($0.8) - (26.4) (1.7) $50.2 32.9% Gross Profit $73.6 $0.8 - $26.4 $1.7 $102.4 67.1% OPERATING COSTS Research & development 23.4 (0.0) - (4.4) (1.4) 17.5 11.5% Sales & marketing 20.2 (0.1) - (0.2) (2.5) 17.5 11.4% General & administrative 21.4 (0.0) (0.3) (0.1) (5.7) 15.2 10.0% Acquisition related expenses 5.5 (5.5) - - - - Amortization of intangibles 5.6 - - (5.6) - - Total operating expenses $76.0 ($5.6) ($0.3) ($10.3) ($9.6) $50.2 32.9% (1) Primarily includes non-recurring expenses such as non-acquisition severance related to cost reduction initiatives and reorganizations, non-recurring consulting and advisory fees, and non-recurring expenses related to the strategic review.(2) Represents the right-of-use assets impairment charge taken in the first quarter of fiscal 2026. E2OPEN PARENT HOLDINGS, INC. RECONCILIATION OF ADJUSTED EARNINGS PER SHARE TABLE III Fiscal First Quarter 2026 (in millions, except per share amounts) Q1 26 GAAP Net income (loss) (15.5) Interest expense, net 22.1 Income taxes benefit 2.2 Depreciation & amortization 36.7 EBITDA $45.4 Share-based compensation 11.3 Non-recurring/non-operating costs (1.1) Acquisition-related adjustments 5.5 Change in tax receivable agreement liability (20.7) Change in fair value of warrant liability (0.5) Change in fair value of contingent consideration 12.1 Right-of-use assets impairment charge 0.3 Adjusted EBITDA $52.2 Depreciation (7.3) Interest and other expense, net (22.1) Normalized income taxes (1) (5.5) Adjusted Net Income $17.4 Adjusted basic shares outstanding 349.1 Adjusted earnings per share $0.05 (1) Income taxes calculated using 24% effective rate. E2OPEN PARENT HOLDINGS, INC. ADJUSTED FREE CASH FLOW TABLE IV Fiscal First Quarter 2026 (in millions) Q1 26 GAAP operating cash flow 41.8 Add: Non recurring cash payments (1) 1.3 Add: Change in channel client deposits payable (2) 5.0 Adjusted operating cash flow $48.0 Capital expenditures (7.3) Adjusted free cash flow $40.7 (1) Primarily includes non-recurring expenses such as non-acquisition related severance, systems integrations, legal entity rationalization, and non-recurring consulting and advisory fees. (2) Channel Client Deposits Payable represents client deposits for the incentive payment program associated with the Company's channel shaping application. The Company offers services to administer incentive payments to partners on behalf of the Company's clients. The Company's clients deposit these funds into a restricted cash account with an offset included as a liability in incentive program payable in the Consolidated Balance Sheets. E2OPEN PARENT HOLDINGS, INC. CONSOLIDATED CAPITAL TABLE V Fiscal First Quarter 2026 Description Shares(000's) Notes Shares outstanding as of May 31, 2025 312,397 Shares outstanding Common Units 30,692 Units issued in the Business Combination that have not been converted from common units to Class A common stock (Common units are represented by Class V shares). Series B-2 Shares (unvested) 3,372 Represents the right to acquire shares of Class A common stock when the 20-day VWAP reaches $15.00 per share. Restricted Common Units Series 2 (unvested) 2,628 Represents the right in E2open Holdings, LLC that converts into common units when the 20-day VWAP reaches $15.00. Upon conversion to common units, the holders can elect to convert the common units to Class A common stock. Adjusted Basic Shares 349,089 Warrants 29,080 Outstanding warrants with an exercise price of $11.50. Options (vested/unreleased and unvested) 6,177 Options issued to management under the long-term incentive plan. Restricted Shares (vested/unreleased and unvested) 19,578 Restricted shares issued to employees, management and directors under the long-term incentive plan. Fully Converted Shares 403,924 View source version on Contacts Investor Contact Russell JohnsonSVP Treasurer & Investor Relations, Media Contact 5W PR for e2opene2open@ 908-510-8009 Corporate Contact Kristin SeigworthVP Communications, pr@ Sign in to access your portfolio
Business Wire
10-07-2025
- Business
- Business Wire
E2open Announces Fiscal 2026 First Quarter Financial Results
DALLAS--(BUSINESS WIRE)-- E2open Parent Holdings, Inc. (NYSE: ETWO) ('e2open' or the 'Company'), the connected supply chain SaaS platform with the largest multi-enterprise network, today announced financial results for its fiscal first quarter ended May 31, 2025. 'Our first quarter results demonstrate that our core business continues to strengthen and underscore the progress we have made in putting e2open back on a sustainable growth path,' said Andrew Appel, e2open chief executive officer. 'Our entire e2open team remains focused on client satisfaction and retention, flawless delivery of our products, and value-added innovation. These efforts came to fruition in Q1 as we returned to year-over-year subscription revenue growth. I believe e2open is well positioned for the next chapter in the company's development, which is our pending acquisition by WiseTech Global as announced in late May. Our e2open team is excited by the opportunity to partner with WiseTech in bringing industry-leading supply chain management capabilities to our many clients.' 'In Q1 FY26, e2open delivered subscription revenue above the high end of our guidance, marking our first year-over-year subscription revenue growth since mid-FY24. We also continued our trend of strong adjusted EBITDA and cash flow,' said Marje Armstrong, chief financial officer of e2open. 'We are confirming all elements of our full-year guidance issued last quarter and want to thank all our employees for their support and dedication as we move forward with the WiseTech transaction, which we expect to close by the end of this calendar year.' Fiscal First Quarter 2026 Financial Highlights Revenue GAAP subscription revenue for the first quarter of 2026 was $132.9 million, an increase of 1.1% from the year-ago comparable period and 87.0% of total revenue. Subscription revenue increased 0.9% on a constant currency basis. Total GAAP revenue for the first quarter of 2026 was $152.6 million, an increase of 1.0% from the year-ago comparable period. Total revenue increased 0.7% on a constant currency basis. GAAP gross profit for the first quarter of 2026 was $73.6 million, an increase of 1.3% from the year-ago comparable period. Non-GAAP gross profit was $102.4 million, a decrease of 0.2% and down 0.2% on a constant currency basis. GAAP gross margin for the first quarter of 2026 was 48.2% compared to 48.1% for the year-ago comparable period. Non-GAAP gross margin was 67.1% compared to 67.8% from the comparable year-ago period. GAAP net loss for the first quarter of 2026 was $15.5 million compared to a net loss of $42.8 million from the year-ago comparable period. Adjusted EBITDA for the first quarter of 2026 was $52.2 million, an increase of 3.0% from the comparable year-ago period. Adjusted EBITDA margin was 34.2% versus 33.6% from the comparable year-ago period. GAAP EPS for the first quarter of 2026 was a loss of $0.05. Adjusted EPS for the first quarter of 2026 was $0.05. Recent Business Highlights Announced acquisition by WiseTech Global, concluding e2open's strategic review. Closed new logo and cross-sell business with large, well-known global companies in diverse market segments including manufacturing, high-tech and electronics, consumer retail, apparel, consumer packaged goods, and food and beverage. These clients selected e2open solutions across the platform to increase productivity and efficiency, reduce risk, improve compliance, significantly reduce or eliminate manual processes, and enhance their ability to serve their own customers. Opened registration for Connect 2025 Global Supply Chain Summit, e2open's annual customer conference, which will be held October 14 to 16 in Amsterdam. Connect brings together clients, partners, and e2open leaders for a robust agenda covering industry trends and best practices, client use cases, product innovation, knowledge sharing, and networking. Among the wins in the first quarter was a large cross-sell expansion with a leading global active health and wellness company, which selected e2open as a strategic partner as part of its digital supply chain transformation. Building upon its use of e2open Transportation Management, Parcel, and Global Trade Management applications, the client added Demand Planning, Supply Planning, and Multi-Echelon Inventory Optimization (MEIO) applications to increase productivity and manage supply as the company prioritizes scalable solutions to navigate the complexities of growth. Among the customer go-lives in the first quarter was a large multinational manufacturer of frozen and fresh food products that expanded Transportation Management to its Mexico division, providing comprehensive controls and reporting capabilities for managing the entire North American transportation network. This advancement enhances user productivity in daily operations, streamlines workflows, and facilitates quicker decision-making. As a result, the division can better respond to demand fluctuations and optimize resource allocation, ultimately improving overall operational performance. Financial Outlook for Fiscal Year 2026 As of July 10, 2025, e2open is reiterating full year 2026 guidance previously provided on April 29, 2025, as follows: GAAP subscription revenue for fiscal 2026 is expected to be in the range of $525 million to $535 million, reflecting a 0.4% growth rate at the mid-point. Total GAAP revenue for fiscal 2026 is expected to be in the range of $600 million to $618 million, reflecting a positive 0.2% growth rate at the mid-point. Non-GAAP gross profit margin for fiscal 2026 is expected to be in the range of 68% to 68.5%. Adjusted EBITDA for fiscal 2026 is expected to be in the range of $200 million to $210 million with an implied adjusted EBITDA margin in the range of 33% to 34%. Quarterly Conference Call E2open will host a conference call today at 5:00 p.m. ET to review fiscal first quarter 2026 financial results and the Company's outlook for fiscal year 2026. To access this call, dial 888-506-0062 (domestic) or 973-528-0011 (international). The conference ID is 656761. A live webcast of the conference call will be accessible in the 'Investor Relations' section of e2open's website at A replay of this conference call can also be accessed through July 10, 2026, at 877-481-4010 (domestic) or 919-882-2331 (international). The replay passcode is 52634. An archived webcast of this conference call will also be available after the completion of the call in the 'Investor Relations' section of the Company's website at About e2open E2open is the connected supply chain software platform that enables the world's largest companies to transform the way they make, move, and sell goods and services. With the broadest cloud-native global platform purpose-built for modern supply chains, e2open connects more than 500,000 manufacturing, logistics, channel, and distribution partners as one multi-enterprise network tracking over 18 billion transactions annually. Our SaaS platform anticipates disruptions and opportunities to help companies improve efficiency, reduce waste, and operate sustainably. Moving as one.™ Learn More: E2open and 'Moving as one.' are the registered trademarks of E2open, LLC. All other trademarks, registered trademarks and service marks are the property of their respective owners. Non-GAAP Financial Measures This press release includes certain financial measures not presented in accordance with generally accepted accounting principles ('GAAP') including non-GAAP revenue, non-GAAP subscription revenue, non-GAAP professional services and other revenue, adjusted EBITDA, adjusted EBITDA margin, non-GAAP gross profit, adjusted net income, non-GAAP gross margin, adjusted free cash flow, adjusted operating cash flow and adjusted earnings per share. These non-GAAP financial measures are not a measure of financial performance in accordance with GAAP and may exclude items that are significant in understanding and assessing the Company's financial results. Therefore, these measures should not be considered in isolation or as an alternative to revenue, net income, cash flows from operations or other measures of profitability, liquidity, or performance under GAAP. You should be aware that the Company's presentation of these measures may not be comparable to similarly titled measures used by other companies. The Company believes these non-GAAP measures provide useful information to management and investors regarding certain financial and business trends relating to the Company's financial condition and results of operations. The Company believes that the use of these non-GAAP financial measures provides an additional tool for investors to use in evaluating ongoing operating results and trends in comparing the Company's financial measures with other similar companies, many of which present similar non-GAAP financial measures to investors. These non-GAAP financial measures are subject to inherent limitations as they reflect the exercise of judgments by management about which expense and income are excluded or included in determining these non-GAAP financial measures. NOTE: E2open is unable to quantify certain amounts that would be required to be included in the most directly comparable GAAP financial measures for non-GAAP gross profit margin, adjusted EBITD, or adjusted EBITDA margin without unreasonable effort, and therefore no reconciliation of certain forward-looking non-GAAP financial measures for non-GAAP gross profit margin, adjusted EBITDA, or adjusted EBITDA margin is included. Forward Looking Statement Disclaimer This press release contains 'forward-looking' statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the proposed acquisition of e2open, anticipated future financial performance and results of e2open and expected timing of the closing of the proposed acquisition and other transactions contemplated by the merger agreement governing the transaction (the 'Mergers'). These forward-looking statements are based on e2open management's beliefs and assumptions and on information currently available to e2open management. Forward-looking statements include all statements that are not historical facts and may be identified by terms such as "may," "will," "could," "would," "should," "expect," "plan," "anticipate," "intend," "believe," "estimate," "predict," "potential," "outlook," "guidance," or similar expressions and the negatives of those terms. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. The Company has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While the Company believes these expectations, assumptions, estimates, and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond the Company's control. These and other important factors may cause actual results, performance or achievements to differ materially from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include: uncertainties associated with the proposed Mergers; risk associated with the failure to complete the Mergers and its effect on our business and the market price of our shares of our Class A Common Stock; limitations on our ability to pursue alternatives to the Mergers under the merger agreement; restrictions imposed on the conduct of our business during the term of the proposed Mergers; potential litigation instituted against us challenging the proposed Mergers; the effect of the volatile, negative or uncertain macro-economic and political conditions, tariffs, inflation, changes in interest rates, fluctuations in foreign currency exchange rates and the potential effects of these factors on our business, our slowing growth rate, results of operations and financial condition as well as our clients' businesses and levels of business activity; the inability to realize the value of the goodwill and intangible assets, which could result in the incurrence of material charges related to the impairment of those assets; the inability to develop and market new product innovations and monetize our network; the slowing of our growth rate due to lower than anticipated new bookings and higher than expected churn; risks associated with our acquisitions, including churn, the ability to maintain client relationships and greater than expected liabilities; the inability to attract new clients or upsell/cross sell existing clients or the failure to renew existing client subscriptions on terms favorable to us; risks associated with our international operations, including the risks created by geopolitical instability; the failure of the market for cloud-based SCM solutions to develop as quickly as we expect or failure to compete successfully in a fragmented and competitive SCM market; the diversion of management's attention and consumption of resources as a result of the strategic alternatives process; failure to maintain adequate operational and financial resources or raise additional capital or generate sufficient cash flows; cyber-attacks and security vulnerabilities; and inability to attract or retain key employees. More information on factors that could cause our actual results or events to differ from those expressed in forward-looking statements are included from time to time in our reports filed with the SEC including in Part I, Item 1A, Risk Factors in our Annual Report on Form 10-K for the fiscal year ended February 28, 2025, filed with the SEC on April 29, 2025 (2025 Form 10-K). The forward-looking statements included in this press release are made only as of the date hereof. Except as required by applicable law or regulation, e2open does not undertake to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. E2OPEN PARENT HOLDINGS, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (In thousands) February 28, 2025 Assets Cash and cash equivalents $ 230,197 $ 197,350 Restricted cash 9,818 14,785 Accounts receivable, net 108,184 133,436 Prepaid expenses and other current assets 35,729 34,025 Total current assets 383,928 379,596 Goodwill 1,243,848 1,213,794 Intangible assets, net 647,513 673,026 Property and equipment, net 60,927 61,278 Operating lease right-of-use assets 12,869 14,977 Other noncurrent assets 28,724 28,364 Total assets $ 2,377,809 $ 2,371,035 Liabilities, Redeemable Share-Based Awards and Stockholders' Equity Accounts payable and accrued liabilities $ 85,372 $ 74,829 Channel client deposits payable 9,818 14,785 Deferred revenue 203,117 216,740 Current portion of tax receivable agreement liability 42,709 4,158 Current portion of notes payable 11,223 11,264 Current portion of operating lease obligations 5,807 6,146 Current portion of financing lease obligations 2,025 2,143 Income taxes payable 6,213 3,337 Total current liabilities 366,284 333,402 Long-term deferred revenue 3,026 1,536 Operating lease obligations 9,025 10,838 Financing lease obligations 2,740 3,170 Notes payable 1,029,604 1,031,180 Tax receivable agreement liability - 59,277 Warrant liability 103 582 Contingent consideration 17,188 5,128 Deferred taxes 48,369 48,104 Other noncurrent liabilities 646 648 Total liabilities 1,476,985 1,493,865 Commitments and Contingencies Redeemable share-based awards 167 191 Stockholders' Equity Class A common stock 31 31 Class V common stock — — Series B-1 common stock — — Series B-2 common stock — — Additional paid-in capital 3,452,223 3,444,584 Accumulated other comprehensive loss (32,273 ) (63,835 ) Accumulated deficit (2,547,659 ) (2,533,533 ) Treasury stock, at cost (2,473 ) (2,473 ) Total E2open Parent Holdings, Inc. equity 869,849 844,774 Noncontrolling interest 30,808 32,205 Total stockholders' equity 900,657 876,979 Total liabilities, redeemable share-based awards and stockholders' equity $ 2,377,809 $ 2,371,035 Expand E2OPEN PARENT HOLDINGS, INC. (Unaudited) Three Months Ended May 31, (In thousands) 2025 2024 Cash flows from operating activities Net loss $ (15,523 ) $ (42,788 ) Adjustments to reconcile net loss to net cash from operating activities: Depreciation and amortization 36,698 53,605 Amortization of deferred commissions 3,070 2,109 Provision for credit losses 272 151 Amortization of debt issuance costs 1,351 1,320 Amortization of operating lease right-of-use assets 1,400 1,722 Share-based compensation 11,251 11,787 Deferred income taxes (3,296 ) (5,972 ) Right-of-use assets impairment charge 305 — (Gain) loss from change in tax receivable agreement liability (20,727 ) 3,974 Gain from change in fair value of warrant liability (479 ) (3,761 ) Loss from change in fair value of contingent consideration 12,060 2,280 (Gain) loss on disposal of property and equipment (8 ) 79 Changes in operating assets and liabilities: Accounts receivable 24,980 50,047 Prepaid expenses and other current assets (1,639 ) (3,905 ) Other noncurrent assets (2,894 ) (2,544 ) Accounts payable and accrued liabilities 7,466 (10,702 ) Channel client deposits payable (4,967 ) 1,177 Deferred revenue (12,134 ) (26,403 ) Changes in other liabilities 4,609 3,740 Net cash provided by operating activities 41,795 35,916 Cash flows from investing activities Capital expenditures (7,326 ) (6,084 ) Net cash used in investing activities (7,326 ) (6,084 ) Cash flows from financing activities Repayments of indebtedness (2,813 ) (2,808 ) Repayments of financing lease obligations (547 ) (353 ) Proceeds from exercise of stock options — 155 Payments of debt issuance costs (536 ) — Net cash used in financing activities (3,896 ) (3,006 ) Effect of exchange rate changes on cash and cash equivalents (2,693 ) 76 Net increase in cash, cash equivalents and restricted cash 27,880 26,902 Cash, cash equivalents and restricted cash at beginning of period 212,135 149,038 Cash, cash equivalents and restricted cash at end of period $ 240,015 $ 175,940 Expand E2OPEN PARENT HOLDINGS, INC. RECONCILIATION OF PRO FORMA INFORMATION TABLE I (in millions) Q1 Q1 $ Var % Var FY2026 FY2025 PRO FORMA REVENUE RECONCILIATION Total GAAP Revenue 152.6 151.2 1.5 1.0% Constant currency FX impact (1) (0.4) - (0.4) n/m Total non-GAAP revenue (constant currency basis) (2) $152.3 $151.2 $1.1 0.7% GAAP Subscription Revenue 132.9 131.4 1.5 1.1% Constant currency FX impact (1) (0.3) - (0.3) n/m Non-GAAP subscription revenue (constant currency basis) (2) $132.6 $131.4 $1.2 0.9% GAAP Professional Services and other revenue 19.7 19.8 (0.0) (0.1%) Constant currency FX impact (1) (0.1) - (0.1) n/m Non-GAAP professional services and other revenue (constant currency basis) (2) $19.7 $19.8 ($0.1) (0.4%) PRO FORMA GROSS PROFIT RECONCILIATION GAAP Gross profit 73.6 72.7 0.9 1.3% Depreciation and amortization 26.4 28.5 (2.1) (7.5%) Share-based compensation (3) 1.7 1.2 0.4 36.4% Non-recurring/non-operating costs (4) 0.8 0.2 0.6 300.0% Non-GAAP gross profit $102.4 $102.6 ($0.2) (0.2%) Non-GAAP Gross Margin % 67.1% 67.8% Constant currency FX impact (1) (0.1) - (0.1) n/m Total non-GAAP gross profit (constant currency basis) (2) $102.3 $102.6 ($0.3) (0.2%) Non-GAAP Gross Margin % (constant currency basis) (2) 67.2% 67.8% PRO FORMA ADJUSTED EBITDA RECONCILIATION Net income (loss) (15.5) (42.8) 27.3 n/m Interest expense, net 22.1 24.7 (2.6) (10.6%) Income tax expense (benefit) 2.2 (1.9) 4.1 n/m Depreciation and amortization 36.7 53.6 (16.9) (31.5%) EBITDA $45.4 $33.6 $11.8 35.2% Share-based compensation (3) 11.3 11.8 (0.5) (4.6%) Non-recurring/non-operating costs (4) (1.1) 2.6 (3.7) n/m Acquisition-related adjustments (5) 5.5 0.3 5.2 1,857.1% Change in tax receivable agreement liability (6) (20.7) 4.0 (24.7) n/m Change in fair value of warrant liability (7) (0.5) (3.8) 3.3 (87.2%) Change in fair value of contingent consideration (8) 12.1 2.3 9.8 428.9% Right-of-use assets impairment charge (9) 0.3 - 0.3 n/m Adjusted EBITDA $52.2 $50.7 $1.5 3.0% Adjusted EBITDA Margin % 34.2% 33.6% Constant currency FX impact (1) 0.1 - 0.1 n/m Total adjusted EBITDA (constant currency basis) (2) $52.3 $50.7 $1.6 3.2% Adjusted EBITDA Margin % (constant currency basis) (2) 34.4% 33.6% (1) Constant Currency refers to pro-forma amounts excluding the impact of translating foreign currencies into U.S. dollars. To calculate foreign currency translation on a constant currency basis, operating results for the current year period for entities reporting in currencies other than the U.S. dollar are translated into U.S. dollars at the exchange rates in effect during the comparable period of the prior year (rather than the actual exchange rates in effect during the current year period). (2) Constant Currency refers to pro forma amounts excluding translation and transactional impacts from foreign currency exchange rates. (3) Reflects non-cash, long-term share-based compensation expense. (4) Primarily includes non-recurring expenses such as the non-acquisition severance related to cost reduction initiatives, reorganizations and executive transition costs; foreign currency transaction gains and losses; systems integrations; legal entity rationalization and non-recurring consulting and advisory fees. (5) Primarily includes advisory, consulting, accounting and legal expenses incurred in connection with the strategic review. (6) Represents the fair value adjustment at each balance sheet date for the Tax Receivable Agreement along with the associated interest. (7) Represents the fair value adjustment at each balance sheet date of the warrant liability related to our warrants. (8) Represents the fair value adjustment at each balance sheet date of the contingent consideration liability related to the restricted B-2 common stock and Series 2 RCUs. Expand E2OPEN PARENT HOLDINGS, INC. RECONCILIATION OF ADJUSTED EARNINGS PER SHARE TABLE III Fiscal First Quarter 2026 (in millions, except per share amounts) Q1 26 GAAP Net income (loss) (15.5) Interest expense, net 22.1 Income taxes benefit 2.2 Depreciation & amortization 36.7 EBITDA $45.4 Share-based compensation 11.3 Non-recurring/non-operating costs (1.1) Acquisition-related adjustments 5.5 Change in tax receivable agreement liability (20.7) Change in fair value of warrant liability (0.5) Change in fair value of contingent consideration 12.1 Right-of-use assets impairment charge 0.3 Adjusted EBITDA $52.2 Depreciation (7.3) Interest and other expense, net (22.1) Normalized income taxes (1) (5.5) Adjusted Net Income $17.4 Adjusted basic shares outstanding 349.1 Adjusted earnings per share $0.05 (1) Income taxes calculated using 24% effective rate. Expand E2OPEN PARENT HOLDINGS, INC. ADJUSTED FREE CASH FLOW TABLE IV Fiscal First Quarter 2026 (in millions) Q1 26 GAAP operating cash flow 41.8 Add: Non recurring cash payments (1) 1.3 Add: Change in channel client deposits payable (2) 5.0 Adjusted operating cash flow $48.0 Capital expenditures (7.3) Adjusted free cash flow $40.7 (1) Primarily includes non-recurring expenses such as non-acquisition related severance, systems integrations, legal entity rationalization, and non-recurring consulting and advisory fees. (2) Channel Client Deposits Payable represents client deposits for the incentive payment program associated with the Company's channel shaping application. The Company offers services to administer incentive payments to partners on behalf of the Company's clients. The Company's clients deposit these funds into a restricted cash account with an offset included as a liability in incentive program payable in the Consolidated Balance Sheets. Expand E2OPEN PARENT HOLDINGS, INC. CONSOLIDATED CAPITAL TABLE V Fiscal First Quarter 2026 Description Shares (000's) Notes Shares outstanding as of May 31, 2025 312,397 Shares outstanding Common Units 30,692 Units issued in the Business Combination that have not been converted from common units to Class A common stock (Common units are represented by Class V shares). Series B-2 Shares (unvested) 3,372 Represents the right to acquire shares of Class A common stock when the 20-day VWAP reaches $15.00 per share. Restricted Common Units Series 2 (unvested) 2,628 Represents the right in E2open Holdings, LLC that converts into common units when the 20-day VWAP reaches $15.00. Upon conversion to common units, the holders can elect to convert the common units to Class A common stock. Adjusted Basic Shares 349,089 Warrants 29,080 Outstanding warrants with an exercise price of $11.50. Options (vested/unreleased and unvested) 6,177 Options issued to management under the long-term incentive plan. Restricted Shares (vested/unreleased and unvested) 19,578 Fully Converted Shares 403,924 Expand
Yahoo
17-06-2025
- Business
- Yahoo
E2open to Report Fiscal 2026 First Quarter Results
DALLAS, June 17, 2025--(BUSINESS WIRE)--E2open Parent Holdings, Inc. (NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, today announced that it will report its fiscal first quarter 2026 financial results after the U.S. financial markets close on Thursday, July 10, 2025. E2open management will host a conference call at 5:00 p.m. Eastern Time on that day to discuss the financial results and other business highlights. The conference call can be accessed by dialing 888-506-0062 (domestic) or 973-528-0011 (international). The conference ID is 656761. Additionally, a live webcast of the conference call will be available in the "Investor Relations" section of the company's website at Following the conference call, a replay will be available through July 24, 2025, at 877-481-4010 (domestic) or 919-882-2331 (international). The replay passcode is 52634. An archived webcast of this conference call will also be available after the completion of the call in the "Investor Relations" section of the company's website at About e2open E2open is the connected supply chain software platform that enables the world's largest companies to transform the way they make, move, and sell goods and services. With the broadest cloud-native global platform purpose-built for modern supply chains, e2open connects more than 500,000 manufacturing, logistics, channel, and distribution partners as one multi-enterprise network tracking over 18 billion transactions annually. Our SaaS platform anticipates disruptions and opportunities to help companies improve efficiency, reduce waste, and operate sustainably. Moving as one.™ Learn More: E2open and "Moving as one." are the registered trademarks of E2open, LLC. All other trademarks, registered trademarks and service marks are the property of their respective owners. View source version on Contacts Media Contact: 5W PR for e2opene2open@ 908-510-8009 Investor Relations Contact: Russell Corporate Contact: Kristin SeigworthVP Communications, pr@ Sign in to access your portfolio
