Tile Shop Holdings, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $10.1M | $21.0M | $8.6M | $5.9M | $9.4M | $9.6M | $9.1M | $5.6M |
| Accounts Receivable | $3.5M | $3.1M | $2.9M | $3.4M | $3.2M | $3.0M | $3.4M | $3.1M |
| Inventory | $89.4M | $86.3M | $93.7M | $121.0M | $97.2M | $74.3M | $97.6M | $110.1M |
| Total Current Assets | $113.0M | $119.8M | $114.6M | $146.4M | $127.1M | $104.7M | $122.2M | $130.3M |
| Property, Plant & Equipment | $54.3M | $59.7M | $64.3M | $71.1M | $82.3M | $99.0M | $130.5M | $158.4M |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $301.7M | $319.6M | $316.7M | $345.8M | $340.8M | $342.7M | $399.8M | $297.6M |
| Liabilities | ||||||||
| Accounts Payable | $25.3M | $23.8M | $23.3M | $23.5M | $30.9M | $15.4M | $18.2M | $25.9M |
| Total Current Liabilities | $79.2M | $78.4M | $78.7M | $83.3M | $97.7M | $76.8M | $69.9M | $50.5M |
| Long-Term Debt | $25.0M | — | — | $45.4M | $5.0M | — | $63.0M | $53.0M |
| Total Liabilities | $214.5M | $196.7M | $197.0M | $237.1M | $218.5M | $203.6M | $268.9M | $151.3M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-11.3M | $-6.8M | $-9.1M | $-19.2M | $-4.7M | $-19.5M | $-25.5M | $-25.9M |
| Total Stockholders' Equity | $87.2M | $122.9M | $119.7M | $108.8M | $122.2M | $139.1M | $130.9M | $146.3M |