Financial Snapshot

Revenue
$355.7M
TTM
Gross Margin
35.08%
TTM
Net Earnings
-$12.43M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
306.44%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$129.7M
Q2 2024
Cash
Q2 2024
P/E
-30.91
Sep 17, 2024 EST
Free Cash Flow
$18.12M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $344.4M $313.7M $318.6M $300.5M $235.6M
YoY Change 9.79% -1.57% 6.03% 27.56%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $344.4M $313.7M $318.6M $300.5M $235.6M
Cost Of Revenue $243.8M $221.3M $209.5M $192.6M $159.7M
Gross Profit $100.5M $92.32M $109.2M $107.9M $75.85M
Gross Profit Margin 29.19% 29.43% 34.26% 35.9% 32.2%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $94.58M $87.32M $84.06M $71.25M $70.31M
YoY Change 8.32% 3.88% 17.97% 1.34%
% of Gross Profit 94.08% 94.59% 77.0% 66.04% 92.69%
Research & Development $6.214M $6.996M $7.679M $5.705M $5.137M
YoY Change -11.18% -8.89% 34.6% 11.06%
% of Gross Profit 6.18% 7.58% 7.03% 5.29% 6.77%
Depreciation & Amortization $2.740M $2.753M $4.146M $4.854M $7.672M
YoY Change -0.47% -33.6% -14.59% -36.73%
% of Gross Profit 2.73% 2.98% 3.8% 4.5% 10.11%
Operating Expenses $139.4M $142.1M $146.0M $121.4M $107.3M
YoY Change -1.87% -2.67% 20.23% 13.16%
Operating Profit -$38.91M -$49.78M -$36.83M -$13.54M -$31.46M
YoY Change -21.84% 35.18% 171.98% -56.96%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense -$254.0K $871.0K -$1.776M -$800.0K $400.0K
YoY Change -129.16% -149.04% 122.0% -300.0%
% of Operating Profit
Other Income/Expense, Net -$254.0K $871.0K -$1.776M -$837.0K $429.0K
YoY Change -129.16% -149.04% 112.19% -295.1%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$39.16M -$48.91M -$38.60M -$14.38M -$31.03M
YoY Change -19.93% 26.7% 168.5% -53.66%
Income Tax $75.00K $110.0K $77.00K $89.00K $55.00K
% Of Pretax Income
Net Earnings -$39.24M -$49.02M -$38.68M -$14.47M -$31.08M
YoY Change -19.95% 26.73% 167.38% -53.46%
Net Earnings / Revenue -11.39% -15.63% -12.14% -4.81% -13.19%
Basic Earnings Per Share -$0.42 -$0.53 -$0.43 -$0.43 -$0.92
Diluted Earnings Per Share -$0.42 -$0.53 -$0.43 -$0.43 -$0.92

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $32.83M $15.17M $93.18M $63.70M $85.00M
YoY Change 116.44% -83.72% 46.28% -25.06%
Cash & Equivalents $32.83M $9.517M $50.79M $29.30M $13.50M
Short-Term Investments $0.00 $5.650M $42.39M $34.40M $71.50M
Other Short-Term Assets $8.371M $15.98M $13.17M $10.50M $6.100M
YoY Change -47.62% 21.4% 25.38% 72.13%
Inventory $73.49M $115.7M $75.67M $76.70M $52.50M
Prepaid Expenses
Receivables $43.08M $42.33M $31.78M $22.80M $24.30M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $157.8M $189.1M $213.8M $173.6M $167.9M
YoY Change -16.59% -11.53% 23.15% 3.39%
Property, Plant & Equipment $37.17M $44.27M $52.95M $56.70M $61.20M
YoY Change -16.05% -16.39% -6.61% -7.35%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $4.141M $4.578M $3.179M $7.700M $2.100M
YoY Change -9.55% 44.01% -58.71% 266.67%
Total Long-Term Assets $43.85M $51.45M $58.80M $67.10M $66.10M
YoY Change -14.78% -12.5% -12.37% 1.51%
Total Assets $201.6M $240.6M $272.6M $240.7M $234.0M
YoY Change
Accounts Payable $22.29M $24.76M $28.74M $31.10M $20.80M
YoY Change -9.96% -13.87% -7.58% 49.52%
Accrued Expenses $32.21M $37.96M $19.00M $22.20M $17.10M
YoY Change -15.15% 99.75% -14.4% 29.82%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $23.00K $52.00K
YoY Change -55.77%
Total Short-Term Liabilities $56.71M $63.58M $48.48M $54.10M $38.70M
YoY Change -10.81% 31.15% -10.39% 39.79%
Long-Term Debt $0.00 $22.00K $0.00 $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $21.77M $30.64M $45.01M $47.10M $49.20M
YoY Change -28.94% -31.94% -4.43% -4.27%
Total Long-Term Liabilities $21.77M $30.66M $45.01M $47.10M $49.20M
YoY Change -28.99% -31.89% -4.43% -4.27%
Total Liabilities $78.48M $94.24M $93.49M $101.2M $87.90M
YoY Change -16.72% 0.8% -7.62% 15.13%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 94.52M shares 92.20M shares 71.13M shares 34.08M shares 33.92M shares
Diluted Shares Outstanding 94.52M shares 92.20M shares 71.13M shares 34.08M shares 33.92M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $384.31 Million

About Honest Company Inc

The Honest Co., Inc. provides non-toxic natural baby products online. The company is headquartered in Los Angeles, California and currently employs 176 full-time employees. The company went IPO on 2021-05-05. The company is an omnichannel brand, where its products are available through its retail and digital channels. Its three product categories are diapers and wipes, skin and personal care, and household and wellness. Diapers and wipes product category have primary components of its Clean Conscious diapers are made with sustainably harvested, plant-based fluff pulp and other plant-derived materials. The firm's skin and personal care products use clean and safe ingredients, including many naturally derived ingredients. The household and wellness product category includes baby clothing, pre-and post-natal vitamins, wellness supplements, sanitizing wipes, and hand sanitizer made with plant-based ingredients. The firm's products are available online at www.honest.com. The Company’s distribution network includes two warehouses in Nevada and Pennsylvania.

Industry: Retail-Catalog & Mail-Order Houses Peers: Beauty Health Co Estee Lauder Companies Inc Veru Inc Healing Company Inc Medifast Inc REVLON INC /DE/ USANA Health Sciences Inc Thorne Healthtech, Inc. Waldencast PLC