Stephanie Bedard-Chateauneuf- April 23, 2021, 1:45 PM EDT SHARE ON: Emerge Commerce Ltd, an acquirer, and operator of direct-to-consumer (D2C) e-commerce brands, released its 4Q and fiscal 2020 results on April 22 after market close. The company reported record revenue and positive adjusted EBITDA for fiscal 2020. The stock soared by about 6% in early trading on Friday. Emerge Commerce’s ( ECOM) revenue came in at C$9.2 million for the year ended December 31, 2020, up 121% from C$4.2 million in 2019. The company reported a positive adjusted EBITDA of C$0.8 million in 2020, compared to a negative C$0.6 million a year earlier. Gross Merchandise Sales (GMS) improved to C$29.4 million, an increase of 94% from C$4.2 million in 2019.