Vital Farms, Inc.
Income Statement
| Line Item | Jun 2022 | Mar 2022 | Dec 2021 | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 | Sep 2020 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $82.9M | $77.1M | $77.4M | $64.6M | $60.3M | $58.5M | $54.0M | $53.4M |
| Cost of Revenue | $57.9M | $55.4M | $57.6M | $44.8M | $38.4M | $37.2M | $36.4M | $35.0M |
| Gross Profit | $24.9M | $21.7M | $19.8M | $19.8M | $21.9M | $21.3M | $17.6M | $18.4M |
| Gross Margin | 30.1% | 28.2% | 25.6% | 30.7% | 36.4% | 36.4% | 32.6% | 34.4% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $17.0M | $17.6M | $15.8M | $15.3M | $13.5M | $13.2M | $15.6M | $12.2M |
| Operating Income | $721.0K | $-4.1M | $-4.2M | $-1.8M | $3.0M | $3.1M | $-2.2M | $2.4M |
| Operating Margin | 0.9% | -5.3% | -5.5% | -2.8% | 5.0% | 5.3% | -4.0% | 4.5% |
| Interest Expense | $7.0K | $8.0K | $10.0K | $11.0K | $13.0K | $18.0K | $123.0K | $110.0K |
| Pretax Income | $872.0K | $-3.9M | $-4.2M | $-1.8M | $3.2M | $3.2M | $-2.2M | $2.3M |
| Income Tax Expense | $680.0K | $-2.4M | $-543.0K | $-486.0K | $-695.0K | $-304.0K | $-1.5M | $620.0K |
| Net Income | $199.0K | $-1.5M | $-3.6M | $-1.3M | $3.9M | $3.5M | $-786.0K | $1.7M |
| Net Margin | 0.2% | -2.0% | -4.7% | -2.0% | 6.5% | 6.0% | -1.5% | 3.1% |
| EPS (Basic) | $0.00 | $-0.04 | $-0.10 | $-0.03 | $0.10 | $0.09 | $-0.02 | $0.05 |
| EPS (Diluted) | $0.00 | $-0.04 | $-0.08 | $-0.03 | $0.09 | $0.08 | $-0.02 | $0.04 |
| Shares Outstanding (Basic) | 40.6M | 40.5M | 40.0M | 40.2M | 40.0M | 39.5M | 39.4M | 34.0M |
| Shares Outstanding (Diluted) | 42.7M | 40.5M | 43.3M | 40.2M | 43.4M | 43.5M | 39.4M | 39.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |