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ContextLogic
(NASDAQ:LOGC)
ContextLogic (LOGC) vs. S&P 500 (SPY)
ContextLogic Business Overview & Revenue Model
ContextLogic Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 43.00M | 287.00M | 571.00M | 2.08B | 2.54B | Gross Profit |
| 7.00M | 59.00M | 166.00M | 1.11B | 1.59B | EBIT |
| -79.00M | -328.00M | -398.00M | -367.00M | -631.00M | EBITDA |
| -78.00M | -324.00M | -392.00M | -358.00M | -619.00M | Net Income Common Stockholders |
| -75.00M | -317.00M | -384.00M | -361.00M | -745.00M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 149.00M | 382.00M | 719.00M | 1.16B | 2.13B | Total Assets |
| 156.00M | 423.00M | 799.00M | 1.28B | 2.40B | Total Debt |
| 0.00 | 6.00M | 13.00M | 16.00M | 38.00M | Net Debt |
| -66.00M | -232.00M | -493.00M | -993.00M | -1.93B | Total Liabilities |
| 5.00M | 206.00M | 322.00M | 465.00M | 1.37B | Stockholders Equity |
| 151.00M | 217.00M | 477.00M | 818.00M | 1.03B |
| Cash Flow | Free Cash Flow | |||
| -94.00M | -344.00M | -424.00M | -953.00M | -30.93M | Operating Cash Flow |
| -94.00M | -341.00M | -422.00M | -951.00M | -28.93M | Investing Cash Flow |
| -68.00M | 74.00M | -47.00M | -3.00M | 165.00M | Financing Cash Flow |
| -1.00M | -5.00M | -22.00M | 7.00M | 1.05B |
ContextLogic Technical Analysis
ContextLogic Risk Analysis
ContextLogic Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | $284.66B | 16.91 | 11.97% | 0.81% | 4.28% | 28.42% | |
72 Outperform | $60.08B | 10.22 | 17.55% | 2.27% | 5.20% | 77.60% | |
60 Neutral | $6.85B | 11.71 | 3.16% | 4.15% | 2.39% | -21.87% | |
53 Neutral | $142.90M | ― | -4.63% | ― | 5.34% | 34.89% | |
46 Neutral | $298.81M | ― | -127.01% | ― | -15.87% | ― | |
46 Neutral | $3.73M | ― | -32.36% | ― | -16.85% | -9.20% | |
34 Underperform | $191.83M | ― | -40.76% | ― | -84.75% | 77.25% |
ContextLogic Corporate Events
On April 16, 2025, Richard Parisi and Elizabeth LaPuma resigned from the board of directors of ContextLogic Inc. to pursue other opportunities. The company expressed gratitude for their service and clarified that the resignations were not due to any disagreements regarding company operations, policies, or practices.
Spark’s Take on LOGC Stock
According to Spark, TipRanks’ AI Analyst, LOGC is a Underperform.
ContextLogic’s overall stock score is low due to substantial financial difficulties, including a dramatic decline in revenue and consistent losses, coupled with a negative cash flow situation. Although the company has a debt-free balance sheet, the erosion of equity and assets signals potential long-term issues. The technical analysis indicates a bearish market sentiment, and the negative valuation metrics further depress the score. While recent corporate events and investments aim to enhance liquidity and strategic direction, they do not sufficiently offset the underlying financial challenges.
To see Spark’s full report on LOGC stock, click here.
On March 31, 2025, ContextLogic Inc. announced the appointment of Jennifer Chou to its board of directors. Ms. Chou, with over 20 years of experience in private equity and financial services, will serve as a Class I director until the 2026 Annual Meeting of Stockholders. Her role includes positions on the Compensation, Audit, and Transformation Committees. This strategic appointment is expected to enhance the company’s governance and strategic direction, leveraging Ms. Chou’s extensive expertise in capital markets and corporate development.
On March 12, 2025, ContextLogic Inc. reported its financial results for the fourth quarter and fiscal year ending December 31, 2024. The company has undergone significant changes, including the sale of the Wish platform and streamlining operations. A notable development was the initial closing of a $75 million investment by BC Partners in a subsidiary of ContextLogic, enhancing its liquidity to approximately $225 million. This financial maneuvering aims to support the company’s strategy of maximizing value through organic growth and acquisitions. The company reported a net loss of $2 million for the fourth quarter of 2024, a significant improvement from the $68 million loss in the same quarter of the previous year. ContextLogic continues to focus on strategic opportunities to benefit its stakeholders.
On March 6, 2025, ContextLogic Inc. amended and restated its investment agreement with ContextLogic Holdings, LLC, and BCP Special Opportunities Fund III Originations LP, allowing for the issuance and sale of up to 150,000 Class A convertible preferred units for $150 million. The initial closing saw 75,000 units sold for $75 million, with proceeds intended for future acquisitions. Ted Goldthorpe and Mark Ward were appointed as directors, and Rishi Bajaj was confirmed as CEO with a new employment agreement.
On February 24, 2025, ContextLogic Inc. entered into an investment agreement with BC Partners for up to $150 million in convertible preferred units. This strategic investment aims to provide ContextLogic with up to $300 million in cash to pursue acquisition-led value maximization strategies. Ted Goldthorpe from BC Partners is expected to become Chairman of the Board, and the investment positions ContextLogic to capitalize on strategic opportunities with the support of BC Partners’ expertise and resources.