Lovesac Co - Understand $love stock

$LOVE Market Cap: $601.2 Million

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Financial Snapshot

Revenue

$689.6M

TTM

Gross Margin

57.87%

TTM

Net Earnings

$7.201M

TTM

Current Assets

$209.9M

Q4 2024

Current Liabilities

$141.1M

Q4 2024

Current Ratio

148.8%

Q4 2024

Total Assets

$499.7M

Q4 2024

Total Liabilities

$303.2M

Q4 2024

Book Value

$196.5M

Q4 2024

Cash

$61.69M

Q4 2024

P/E

83.49

Nov 29, 2024 EST

Free Cash Flow

$35.02M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$700.3M	$651.5M	$498.2M	$320.7M	$233.4M	$165.9M	$101.8M	$76.30M	$74.10M
YoY Change	7.48%	30.77%	55.34%	37.43%	40.67%	62.97%	33.42%	2.97%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$700.3M	$651.5M	$498.2M	$320.7M	$233.4M	$165.9M	$101.8M	$76.30M	$74.10M
Cost Of Revenue	$299.2M	$305.7M	$224.9M	$146.0M	$116.7M	$75.00M	$44.60M	$34.60M	$33.60M
Gross Profit	$401.0M	$345.8M	$273.3M	$174.8M	$116.7M	$90.90M	$57.20M	$41.70M	$40.50M
Gross Profit Margin	57.27%	53.08%	54.86%	54.49%	50.0%	54.79%	56.19%	54.65%	54.66%

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	2024	2023	2022	2021	2020	2019	2018	2017	2016
Selling, General & Admin	$264.3M	$216.1M	$162.0M	$111.4M	$98.15M	$94.80M	$62.30M	$47.90M	$47.20M
YoY Change	22.31%	33.42%	45.45%	13.46%	3.53%	52.17%	30.06%	1.48%
% of Gross Profit	65.91%	62.49%	59.25%	63.71%	84.11%	104.29%	108.92%	114.87%	116.54%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$12.20M	$10.50M	$7.154M	$6.100M	$4.894M	$3.140M	$2.220M	$2.110M	$2.380M
YoY Change	16.19%	46.77%	17.28%	24.64%	55.86%	41.44%	5.21%	-11.34%
% of Gross Profit	3.04%	3.04%	2.62%	3.49%	4.19%	3.45%	3.88%	5.06%	5.88%
Operating Expenses	$371.0M	$306.8M	$234.9M	$159.9M	$132.5M	$97.90M	$62.20M	$47.90M	$47.20M
YoY Change	20.91%	30.61%	46.91%	20.67%	35.34%	57.4%	29.85%	1.48%
Operating Profit	$30.08M	$39.02M	$38.44M	$14.88M	-$15.81M	-$7.000M	-$5.000M	-$6.200M	-$6.700M
YoY Change	-22.92%	1.5%	158.34%	-194.12%	125.84%	40.0%	-19.35%	-7.46%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016
Interest Expense	$1.747M	-$117.0K	-$179.0K	-$100.0K	$600.0K	$400.0K	-$400.0K	-$600.0K	-$1.700M
YoY Change	-1593.16%	-34.64%	79.0%	-116.67%	50.0%	-200.0%	-33.33%	-64.71%
% of Operating Profit	5.81%	-0.3%	-0.47%	-0.67%
Other Income/Expense, Net									-$100.0K
YoY Change

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	2024	2023	2022	2021	2020	2019	2018	2017	2016
Pretax Income	$31.82M	$38.90M	$38.26M	$14.81M	-$15.16M	-$6.700M	-$5.500M	-$6.700M	-$9.000M
YoY Change	-18.19%	1.67%	158.3%	-197.7%	126.3%	21.82%	-17.91%	-25.56%
Income Tax	$7.962M	$10.66M	-$7.638M	$86.00K	$43.00K	$0.00	$0.00	$100.0K
% Of Pretax Income	25.02%	27.4%	-19.96%	0.58%
Net Earnings	$23.86M	$28.24M	$45.90M	$14.73M	-$15.21M	-$6.700M	-$5.500M	-$6.900M	-$9.000M
YoY Change	-15.51%	-38.47%	211.67%	-196.86%	126.94%	21.82%	-20.29%	-23.33%
Net Earnings / Revenue	3.41%	4.33%	9.21%	4.59%	-6.52%	-4.04%	-5.4%	-9.04%	-12.15%
Basic Earnings Per Share	$1.55	$1.86	$3.04	$1.01	-$1.07
Diluted Earnings Per Share	$1.45	$1.77	$2.86	$0.96	-$1.07	-$638.1K	-$426.4K	-$534.9K	-$697.7K

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	2024	2023	2022	2021	2020	2019	2018	2017	2016
Cash & Short-Term Investments	$87.04M	$44.20M	$92.81M	$79.30M	$49.40M	$49.80M	$9.600M	$1.200M	$700.0K
YoY Change	96.94%	-52.38%	17.04%	60.53%	-0.8%	418.75%	700.0%	71.43%
Cash & Equivalents	$87.04M	$43.53M	$92.39M	$78.30M	$48.50M	$49.10M	$9.200M	$900.0K	$200.0K
Short-Term Investments		$662.0K	$421.0K	$1.000M	$900.0K	$700.0K	$400.0K	$400.0K	$500.0K
Other Short-Term Assets	$15.51M	$14.25M	$12.52M	$7.700M	$7.200M	$5.200M	$5.700M	$1.500M	$2.100M
YoY Change	8.8%	13.82%	62.65%	6.94%	38.46%	-8.77%	280.0%	-28.57%
Inventory	$98.44M	$120.0M	$108.5M	$50.40M	$36.40M	$26.20M	$11.60M	$9.400M	$8.400M
Prepaid Expenses
Receivables	$13.46M	$9.469M	$8.547M	$4.500M	$7.200M	$4.000M	$2.800M	$1.000M	$1.200M
Other Receivables	$0.00	$6.160M	$2.781M	$1.500M	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$214.4M	$194.0M	$225.2M	$143.4M	$100.2M	$85.10M	$29.70M	$13.20M	$12.40M
YoY Change	10.52%	-13.82%	57.01%	43.11%	17.74%	186.53%	125.0%	6.45%
Property, Plant & Equipment	$226.7M	$191.2M	$135.0M	$25.90M	$23.80M	$18.60M	$11.00M	$6.600M	$4.700M
YoY Change	18.56%	41.58%	421.34%	8.82%	27.96%	69.09%	66.67%	40.43%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$39.47M	$31.28M	$9.836M	$100.0K	$100.0K	$200.0K	$0.00	$200.0K	$0.00
YoY Change	26.16%	218.05%	9736.0%	0.0%	-50.0%		-100.0%
Total Long-Term Assets	$267.7M	$224.0M	$146.4M	$27.60M	$25.50M	$19.90M	$11.70M	$7.500M	$5.400M
YoY Change	19.52%	52.99%	430.51%	8.24%	28.14%	70.09%	56.0%	38.89%
Total Assets	$482.2M	$418.1M	$371.6M	$171.0M	$125.7M	$105.0M	$41.40M	$20.70M	$17.80M
YoY Change
Accounts Payable	$28.82M	$24.58M	$33.25M	$24.30M	$19.90M	$16.80M	$12.70M	$7.100M	$7.700M
YoY Change	17.27%	-26.08%	36.82%	22.11%	18.45%	32.28%	78.87%	-7.79%
Accrued Expenses	$61.60M	$57.50M	$72.22M	$26.00M	$10.90M	$6.700M	$3.100M	$1.900M	$2.800M
YoY Change	7.13%	-20.37%	177.75%	138.53%	62.69%	116.13%	63.16%	-32.14%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$200.0K	$0.00
YoY Change							-100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$106.4M	$88.84M	$118.8M	$56.30M	$32.40M	$24.60M	$16.70M	$9.900M	$11.50M
YoY Change	19.72%	-25.21%	110.98%	73.77%	31.71%	47.31%	68.69%	-13.91%
Long-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$3.100M	$3.200M
YoY Change							-100.0%	-3.13%
Other Long-Term Liabilities	$158.3M	$136.0M	$96.57M	$6.700M	$3.100M	$1.600M	$1.100M	$700.0K	$500.0K
YoY Change	16.46%	40.78%	1341.4%	116.13%	93.75%	45.45%	57.14%	40.0%
Total Long-Term Liabilities	$158.3M	$136.0M	$96.57M	$6.700M	$3.100M	$1.600M	$1.100M	$3.800M	$3.700M
YoY Change	16.46%	40.78%	1341.4%	116.13%	93.75%	45.45%	-71.05%	2.7%
Total Liabilities	$264.7M	$224.8M	$215.4M	$63.10M	$35.50M	$26.20M	$17.80M	$13.70M	$15.20M
YoY Change	17.75%	4.38%	241.29%	77.75%	35.5%	47.19%	29.93%	-9.87%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2024	2023	2022	2021	2020
Basic Shares Outstanding	15.43M shares	15.20M shares	15.11M shares	14.61M shares	14.26M shares
Diluted Shares Outstanding	16.46M shares	15.96M shares	16.06M shares	15.33M shares	14.26M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $601.19 Million

About Lovesac Co

The Lovesac Co. is a technology driven, omni-channel company. The company is headquartered in Stamford, Connecticut and currently employs 909 full-time employees. The company went IPO on 2018-06-27. Its product offering consists of modular couches called Sactionals, premium foam beanbag chairs called Sacs, and their associated home decor accessories. Its Sactional products include several patented features relating to their geometry and modularity, coupling mechanisms and other features. The Sac product line offers about five different sizes, ranging from 35 pounds to 95 pounds with the capacity to seat more than three people on the larger model Sacs. Its Other product line offers Sactional-specific drink holders, Footsac blankets, decorative pillows, fitted seat tables and ottomans in varying styles and finishes and its Sactionals Power Hub. The company markets and sells its products primarily online directly at www.lovesac.com, supported by direct-to-consumer touch-feel points in the form of its own showrooms as well as through shop-in-shops and pop-up-shops with third party retailers.

Industry: Retail-Furniture Stores Peers: ETHAN ALLEN INTERIORS INC BASSETT FURNITURE INDUSTRIES INC FLEXSTEEL INDUSTRIES INC Purple Innovation, Inc. HOOKER FURNISHINGS Corp LA-Z-BOY INC LEGGETT & PLATT INC MOHAWK INDUSTRIES INC SOMNIGROUP INTERNATIONAL INC.