OTC$LOGC

Contextlogic Holdings Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Wish's Q4 2021 financial results were reported, showing a decrease in revenue but improvements in net loss and Adjusted EBITDA.

Wish reported a 64% year-over-year decrease in revenue for Q4 2021, totaling $289 million. However, the company saw a 90% improvement in net loss and an 81% improvement in Adjusted EBITDA.

  • Q4 revenue was $289 million, a 64% decrease year-over-year.
  • Core Marketplace revenue decreased by 74% year-over-year, totaling $139 million.
  • Net loss improved by 90% year-over-year to $58 million.
  • Adjusted EBITDA improved by 81% year-over-year, resulting in a loss of $23 million.

Headline financials

Total Revenue

$289M

Previous: $794M-63.6%
EPS (adj)

-$0.90

Previous: -$91.20+99.0%
Capital Expenditures

$1M

Previous: $1M+0.0%
Free Cash Flow

-$50M

Previous: -$25M-100.0%
Net Income

-$58M

Previous: -$569M+89.8%
Operating Income

-$64M

Previous: -$511M+87.5%
Gross Profit

$120M

Previous: $452M-73.5%
Cash & Equivalents

$1.01B

Previous: $1.97B-48.7%
Total Assets

$1.28B

Previous: $2.4B-46.5%
Stock-Based Comp

$37M

Previous: $381M-90.3%

Revenue & EPS history

Wish · Revenue · Quarterly

$289M

Q4 2021-63.6%vs Q4 2020
Beat estimate in 2 of 12 quarters(17%)
ActualEstimate

Revenue by segment

Wish · $12.1M total across 2 segments · Q1 2026

  • Packaged
    $10.3M
  • Non-packaged
    $1.8M

Forward guidance

For Q1 2022, Wish expects Adjusted EBITDA to be between negative $70 million and negative $60 million.

Tailwinds

  • Q1 2022 Adjusted EBITDA expected to grow 11-24% YoY

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

-1.5%

Avg return

Earnings day

-4.4%

Avg return

5 days after

-7.5%

Avg return

30 days after

39%

9 / 23 earnings

Positive

+7.8%

Q1 2023

Best reaction

-10.3%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.3%+1.4%+15.6%
Q4 2025+1.2%+1.8%+4.2%
Q4 2026+1.2%+1.8%+4.2%
Q3 2025+0.5%+0.4%-1.0%
Q2 2025-1.2%-0.1%+7.4%
Q1 2025+0.0%+1.5%-1.5%
Q4 2024+6.7%+6.3%-6.4%
Q3 2024+0.8%+5.4%+27.8%
Q2 2024+2.7%+1.7%-1.1%
Q1 2024-2.0%+3.0%+1.7%
Q4 2023-1.2%-2.6%-12.7%
Q3 2023-0.9%+17.8%+24.4%
Q2 2023+5.5%-21.8%-33.8%
Q1 2023+7.8%+11.9%-1.6%
Q4 2022+0.4%-31.6%-45.6%
Q3 2022-7.9%+13.0%-9.8%
Q2 2022-9.2%-8.6%-34.1%
Q1 2022-10.1%-27.0%-5.3%
Q4 2021-4.2%-19.8%-5.1%
Q3 2021-7.1%-5.6%-34.8%
Q2 2021-4.3%-29.3%-30.8%
Q1 2021-2.6%-25.5%-15.1%
Q4 2020-10.3%+4.9%-19.4%
Q3 2020
Q2 2020
Q1 2020
Q4 2019

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