Purple Innovation, Inc.
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $120.3M | $120.0M | $145.9M | $140.0M | $117.9M | $106.7M | $143.0M | $142.9M |
| Cost of Revenue | $71.3M | $78.3M | $97.5M | $92.7M | $82.4M | $66.1M | $94.4M | $83.9M |
| Gross Profit | $48.9M | $41.7M | $48.5M | $47.3M | $35.5M | $40.6M | $48.7M | $59.0M |
| Gross Margin | 40.7% | 34.8% | 33.2% | 33.8% | 30.1% | 38.0% | 34.0% | 41.3% |
| Operating Expenses | ||||||||
| Research & Development | $4.0M | $3.7M | $2.9M | $2.7M | $2.9M | $3.4M | $2.9M | $1.9M |
| SG&A Expense | $18.1M | $19.7M | $16.8M | $17.5M | $26.4M | $23.7M | $20.9M | $19.2M |
| Operating Income | $-14.5M | $-23.1M | $-16.2M | $-32.6M | $-40.3M | $-24.6M | $-13.2M | $900.0K |
| Operating Margin | -12.1% | -19.3% | -11.1% | -23.3% | -34.2% | -23.1% | -9.2% | 0.6% |
| Interest Expense | — | $4.5M | $819.0K | $594.0K | $352.0K | $202.0K | $1.1M | $717.0K |
| Pretax Income | $45.0K | $-50.2M | $-18.5M | $-36.1M | $-40.6M | $-26.0M | $146.8M | $1.7M |
| Income Tax Expense | $54.0K | $59.0K | $-154.0K | $18.0K | $72.0K | $72.0K | $219.9M | $-720.0K |
| Net Income | $27.0K | $-50.2M | $-18.3M | $-36.0M | $-40.5M | $-25.9M | $-72.6M | $2.0M |
| Net Margin | 0.0% | -41.8% | -12.6% | -25.7% | -34.3% | -24.3% | -50.7% | 1.4% |
| EPS (Basic) | $0.00 | $0.47 | $2.16 | $-0.34 | $-0.39 | $-0.26 | $-0.85 | $0.02 |
| EPS (Diluted) | $0.00 | $0.47 | $2.16 | $-0.34 | $-0.39 | $-0.26 | $-0.85 | $0.02 |
| Shares Outstanding (Basic) | 107.5M | 106.0M | 103.6M | 105.3M | 105.1M | 98.4M | 81.8M | 85.7M |
| Shares Outstanding (Diluted) | 107.8M | 106.0M | 103.9M | 105.3M | 105.1M | 98.9M | 81.8M | 86.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |