Lulu’s Fashion Lounge Holdings, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2019 |
|---|---|---|---|---|---|---|
| Revenue | $282.3M | $315.9M | $355.2M | $375.6M | $248.7M | $369.6M |
| Cost of Revenue | $160.2M | $185.6M | $206.9M | $198.9M | $138.4M | $208.4M |
| Gross Profit | $122.1M | $130.2M | $148.2M | $176.7M | $110.3M | $161.2M |
| Gross Margin | 43.2% | 41.2% | 41.7% | 47.1% | 44.4% | 43.6% |
| Operating Expenses | ||||||
| Research & Development | — | — | — | — | — | — |
| SG&A Expense | $68.1M | $81.3M | $92.1M | $87.7M | $67.2M | $73.4M |
| Operating Income | $-12.6M | $-52.4M | $-20.2M | $22.3M | $-4.7M | $14.9M |
| Operating Margin | -4.5% | -16.6% | -5.7% | 5.9% | -1.9% | 4.0% |
| Interest Expense | — | — | $1.7M | $12.8M | $16.0M | $15.2M |
| Pretax Income | $-13.5M | $-53.0M | $-21.0M | $8.3M | $-20.6M | $-24.0K |
| Income Tax Expense | $188.4K | $2.3M | $-1.7M | $6.2M | $-1.3M | $445.0K |
| Net Income | $-13.7M | $-55.3M | $-19.3M | $2.0M | $-19.3M | $-469.0K |
| Net Margin | -4.9% | -17.5% | -5.4% | 0.5% | -7.8% | -0.1% |
| EPS (Basic) | $-4.90 | $-20.00 | $-7.27 | $-6.08 | $-1.13 | $-0.03 |
| EPS (Diluted) | $-4.90 | $-20.00 | $-7.27 | $-6.08 | $-1.13 | $-0.03 |
| Shares Outstanding (Basic) | 2.8M | 2.8M | 2.7M | 20.2M | 17.5M | 17.5M |
| Shares Outstanding (Diluted) | 2.8M | 2.8M | 2.7M | 20.2M | 17.5M | 17.5M |
| Dividends Per Share | $0.00 | $0.00 | $0.00 | $0.00 | — | — |