Stitch Fix Inc - Understand $sfix stock

$SFIX Market Cap: $479.6 Million

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Financial Snapshot

Revenue

$1.394B

TTM

Gross Margin

44.01%

TTM

Net Earnings

-$121.0M

TTM

Current Assets

$385.3M

Q2 2024

Current Liabilities

$219.8M

Q2 2024

Current Ratio

175.25%

Q2 2024

Total Assets

$537.0M

Q2 2024

Total Liabilities

$328.1M

Q2 2024

Book Value

$208.9M

Q2 2024

Cash

$196.5M

Q2 2024

P/E

-3.962

Sep 13, 2024 EST

Free Cash Flow

$16.99M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$1.638B	$2.073B	$2.101B	$1.712B	$1.578B	$1.227B	$977.1M	$730.3M
YoY Change	-20.96%	-1.35%	22.76%	8.51%	28.62%	25.52%	33.8%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$1.638B	$2.073B	$2.101B	$1.712B	$1.578B	$1.227B	$977.1M	$730.3M
Cost Of Revenue	$946.9M	$1.164B	$1.154B	$957.5M	$874.4M	$690.5M	$542.7M	$407.1M
Gross Profit	$691.5M	$908.5M	$947.6M	$754.2M	$703.1M	$536.0M	$434.4M	$323.2M
Gross Profit Margin	42.21%	43.83%	45.1%	44.06%	44.57%	43.7%	44.46%	44.26%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Selling, General & Admin	$869.3M	$1.117B	$1.011B	$805.9M	$679.6M	$493.0M	$402.8M	$259.0M
YoY Change	-22.14%	10.44%	25.45%	18.57%	37.86%	22.4%	55.5%
% of Gross Profit	125.71%	122.9%	106.69%	106.85%	96.66%	91.97%	92.72%	80.13%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$42.30M	$35.00M	$27.60M	$22.60M	$16.10M	$10.50M	$7.700M	$3.544M
YoY Change	20.86%	26.81%	22.12%	40.37%	53.33%	36.36%	117.27%
% of Gross Profit	6.12%	3.85%	2.91%	3.0%	2.29%	1.96%	1.77%	1.1%
Operating Expenses	$869.3M	$1.117B	$1.011B	$805.9M	$679.6M	$493.0M	$402.8M	$259.0M
YoY Change	-22.14%	10.44%	25.45%	18.57%	37.86%	22.4%	55.5%
Operating Profit	-$177.8M	-$208.0M	-$63.36M	-$51.66M	$23.50M	$43.02M	$31.64M	$64.23M
YoY Change	-14.54%	228.35%	22.64%	-319.89%	-45.39%	35.98%	-50.74%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Interest Expense	$6.220M	$930.0K	$2.610M	$5.535M	$5.791M	$904.0K	$42.00K
YoY Change	568.82%	-64.37%	-52.85%	-4.42%	540.6%	2052.38%
% of Operating Profit					24.65%	2.1%	0.13%
Other Income/Expense, Net	$1.094M	-$2.355M	-$366.0K	-$1.593M	$1.535M	$100.0K	$0.00	$13.00K
YoY Change	-146.45%	543.44%	-77.02%	-203.78%	1435.0%		-100.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Pretax Income	-$170.5M	-$209.5M	-$61.12M	-$47.72M	$30.82M	$54.71M	$12.80M	$61.22M
YoY Change	-18.61%	242.74%	28.07%	-254.84%	-43.67%	327.41%	-79.09%
Income Tax	$1.490M	-$2.349M	-$52.24M	$19.40M	-$6.060M	$9.813M	$13.40M	$28.04M
% Of Pretax Income					-19.66%	17.94%	104.64%	45.8%
Net Earnings	-$172.0M	-$207.1M	-$8.876M	-$67.12M	$36.88M	$44.90M	-$594.0K	$33.18M
YoY Change	-16.97%	2233.49%	-86.78%	-281.98%	-17.86%	-7658.92%	-101.79%
Net Earnings / Revenue	-10.5%	-9.99%	-0.42%	-3.92%	2.34%	3.66%	-0.06%	4.54%
Basic Earnings Per Share	-$1.50	-$1.90	-$0.08	-$0.66	$0.37	$0.47	-$0.02	$0.36
Diluted Earnings Per Share	-$1.50	-$1.90	-$0.08	-$0.66	$0.36	$0.34	-$0.02	$0.34

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Cash & Short-Term Investments	$257.6M	$213.0M	$231.3M	$286.5M	$314.2M	$297.5M	$110.6M	$91.50M
YoY Change	20.95%	-7.93%	-19.26%	-8.82%	5.61%	168.99%	20.87%
Cash & Equivalents	$239.4M	$130.9M	$129.8M	$143.5M	$170.9M	$297.5M	$110.6M	$91.50M
Short-Term Investments	$18.20M	$82.05M	$101.5M	$143.0M	$143.3M
Other Short-Term Assets	$29.90M	$39.46M	$49.51M	$55.00M	$50.00M	$34.40M	$19.60M	$12.00M
YoY Change	-24.22%	-20.31%	-9.98%	10.0%	45.35%	75.51%	63.33%
Inventory	$137.2M	$197.3M	$212.3M	$124.8M	$118.2M	$85.10M	$67.60M	$44.80M
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$425.5M	$477.3M	$521.8M	$466.3M	$482.4M	$417.0M	$197.8M	$148.3M
YoY Change	-10.84%	-8.54%	11.9%	-3.34%	15.68%	110.82%	33.38%
Property, Plant & Equipment	$185.9M	$235.6M	$205.5M	$203.0M	$54.90M	$34.20M	$26.70M	$19.20M
YoY Change	-21.08%	14.61%	1.24%	269.76%	60.53%	28.09%	39.06%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$0.00	$17.71M	$59.04M	$95.10M	$53.40M
YoY Change	-100.0%	-70.0%	-37.92%	78.09%
Other Assets	$3.200M	$7.925M	$5.732M	$5.000M	$25.40M	$30.40M	$32.70M	$24.20M
YoY Change	-59.62%	38.26%	14.64%	-80.31%	-16.45%	-7.03%	35.12%
Total Long-Term Assets	$189.0M	$287.3M	$297.3M	$303.1M	$133.7M	$64.60M	$59.40M	$43.30M
YoY Change	-34.21%	-3.38%	-1.9%	126.7%	106.97%	8.75%	37.18%
Total Assets	$614.5M	$764.5M	$819.1M	$769.4M	$616.1M	$481.6M	$257.2M	$191.6M
YoY Change
Accounts Payable	$103.7M	$143.9M	$79.30M	$91.10M	$98.40M	$84.30M	$44.20M	$36.60M
YoY Change	-27.95%	81.5%	-12.95%	-7.42%	16.73%	90.72%	20.77%
Accrued Expenses	$103.8M	$123.4M	$110.2M	$82.50M	$52.10M	$33.50M	$37.90M	$25.60M
YoY Change	-15.9%	11.97%	33.61%	58.35%	55.52%	-11.61%	48.05%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$238.1M	$295.6M	$228.3M	$212.2M	$182.6M	$142.2M	$133.9M	$85.10M
YoY Change	-19.44%	29.46%	7.59%	16.21%	28.41%	6.2%	57.34%
Long-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$129.1M	$146.3M	$130.0M	$156.2M	$37.40M	$24.30M	$19.20M	$14.40M
YoY Change	-11.77%	12.56%	-16.78%	317.65%	53.91%	26.56%	33.33%
Total Long-Term Liabilities	$129.1M	$146.3M	$130.0M	$156.2M	$37.40M	$24.30M	$19.20M	$14.40M
YoY Change	-11.77%	12.56%	-16.78%	317.65%	53.91%	26.56%	33.33%
Total Liabilities	$367.2M	$441.9M	$358.3M	$368.4M	$220.1M	$166.5M	$153.1M	$99.40M
YoY Change	-16.9%	23.33%	-2.74%	67.38%	32.19%	8.75%	54.02%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Basic Shares Outstanding	114.7M shares	108.8M shares	106.0M shares	102.4M shares	100.0M shares	75.95M shares	24.97M shares	22.73M shares
Diluted Shares Outstanding	114.7M shares	108.8M shares	106.0M shares	102.4M shares	103.7M shares	81.29M shares	24.97M shares	27.88M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $479.58 Million

About Stitch Fix Inc

Stitch Fix, Inc. engages in the provision of personalized shipments of apparel, shoes, and accessories. The company is headquartered in San Francisco, California and currently employs 5,860 full-time employees. The company went IPO on 2017-11-17. The firm operates in the United States and United Kingdom. The firm offers merchandise at multiple price points and styles from established brands, as well as its own private labels. The firm offers two types of Fix scheduling: Auto-ship, where a client can elect to auto-ship fixes every two to three weeks, monthly, bi-monthly, or quarterly; an on-demand option allows clients to schedule a one-time Fix at any time, either instead of or in addition to utilizing the auto-ship option. On-demand clients are prompted to schedule their next Fix each time they check out. The Company’s Fix is a Stitch Fix-branded box containing a personalized assortment of apparel, shoes, and accessories informed by its algorithms and sent by StitchFix stylists and delivered to the clients.

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