Purple Innovation, Inc. - Understand $prpl stock

$PRPL Market Cap: $107.1 Million

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Financial Snapshot

Revenue

$504.8M

TTM

Gross Margin

34.58%

TTM

Net Earnings

-$107.8M

TTM

Current Assets

$123.2M

Q3 2024

Current Liabilities

$94.46M

Q3 2024

Current Ratio

130.41%

Q3 2024

Total Assets

$309.3M

Q3 2024

Total Liabilities

$281.3M

Q3 2024

Book Value

$28.01M

Q3 2024

Cash

$23.40M

Q3 2024

P/E

-0.9943

Nov 29, 2024 EST

Free Cash Flow

-$35.66M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$510.5M	$575.7M	$726.2M	$648.5M	$428.4M	$285.8M	$196.9M	$0.00	$0.00
YoY Change	-11.32%	-20.73%	11.99%	51.38%	49.9%	45.18%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$510.5M	$575.7M	$726.2M	$648.5M	$428.4M	$285.8M	$196.9M	$0.00	$0.00
Cost Of Revenue	$338.7M	$365.1M	$431.3M	$343.4M	$239.4M	$173.2M	$111.8M
Gross Profit	$171.8M	$210.6M	$295.0M	$305.1M	$189.0M	$112.6M	$85.02M
Gross Profit Margin	33.66%	36.58%	40.62%	47.05%	44.12%	39.4%	43.19%

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	2015
Selling, General & Admin	$266.8M	$242.1M	$311.4M	$227.9M	$168.9M	$127.4M	$92.38M	$2.700M	$300.0K
YoY Change	10.19%	-22.25%	36.63%	34.93%	32.57%	37.91%	3321.41%	800.0%
% of Gross Profit	155.25%	114.96%	105.56%	74.7%	89.37%	113.14%	108.66%
Research & Development	$11.90M	$8.755M	$6.939M	$6.000M	$3.900M	$2.100M	$1.387M
YoY Change	35.9%	26.17%	15.65%	53.85%	85.71%	51.41%
% of Gross Profit	6.92%	4.16%	2.35%	1.97%	2.06%	1.87%	1.63%
Depreciation & Amortization	$25.11M	$17.49M	$9.473M	$7.900M	$4.310M	$2.200M	$741.0K
YoY Change	43.57%	84.6%	19.91%	83.29%	95.91%	196.9%
% of Gross Profit	14.61%	8.3%	3.21%	2.59%	2.28%	1.95%	0.87%
Operating Expenses	$278.7M	$250.8M	$318.3M	$233.8M	$172.7M	$129.5M	$93.77M	$2.700M	$300.0K
YoY Change	11.09%	-21.2%	36.15%	35.38%	33.36%	38.11%	3372.78%	800.0%
Operating Profit	-$106.8M	-$40.26M	-$23.35M	$71.30M	$16.30M	-$16.90M	-$8.747M
YoY Change	165.34%	72.43%	-132.75%	337.42%	-196.45%	93.21%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Interest Expense	-$1.967M	$807.0K	$22.18M	-$304.7M	-$40.50M	-$3.700M	$81.00K	$300.0K	$0.00
YoY Change	-343.74%	-96.36%	-107.28%	652.35%	994.59%	-4667.9%	-73.0%
% of Operating Profit				-427.35%	-248.47%
Other Income/Expense, Net	-$2.398M	$162.4M	$3.822M	-$34.20M	$0.00	$1.000M	-$72.00K
YoY Change	-101.48%	4148.9%	-111.18%		-100.0%	-1488.89%

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	2015
Pretax Income	-$121.2M	$122.9M	$2.654M	-$273.5M	-$30.50M	-$19.60M	$1.200M	-$2.300M	-$300.0K
YoY Change	-198.59%	4532.14%	-100.97%	796.72%	55.61%	-1733.33%	-152.17%	666.67%
Income Tax	$8.000K	$212.9M	-$1.217M	-$43.70M	$400.0K		$400.0K
% Of Pretax Income		173.15%	-45.86%				33.33%
Net Earnings	-$120.8M	-$89.69M	$4.031M	-$236.9M	-$22.60M	-$4.300M	-$8.819M	-$2.300M	-$300.0K
YoY Change	34.64%	-2324.98%	-101.7%	948.23%	425.58%	-51.24%	283.43%	666.67%
Net Earnings / Revenue	-23.65%	-15.58%	0.56%	-36.53%	-5.28%	-1.5%	-4.48%
Basic Earnings Per Share	-$1.17	-$1.10	$0.06	-$6.04
Diluted Earnings Per Share	-$1.17	-$1.10	$59.89K	-$6.043M	-$2.260M	-$511.9K	$50.00K	-$118.6K	-$15.46K

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	2015
Cash & Short-Term Investments	$26.86M	$41.75M	$91.62M	$123.0M	$33.50M	$12.20M	$200.0K	$200.0K	$1.000M
YoY Change	-35.68%	-54.42%	-25.52%	267.16%	174.59%	6000.0%	0.0%	-80.0%
Cash & Equivalents	$26.86M	$41.75M	$91.62M	$123.0M	$33.50M	$12.20M
Short-Term Investments
Other Short-Term Assets	$10.27M	$11.94M	$13.77M	$11.30M	$4.300M	$2.300M	$0.00	$0.00	$100.0K
YoY Change	-13.95%	-13.28%	21.82%	162.79%	86.96%			-100.0%
Inventory	$66.88M	$73.20M	$98.69M	$65.70M	$47.60M	$22.90M
Prepaid Expenses
Receivables	$37.80M	$34.57M	$25.43M	$29.10M	$28.70M	$10.20M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$141.8M	$161.5M	$229.5M	$229.1M	$114.1M	$47.70M	$200.0K	$300.0K	$1.200M
YoY Change	-12.17%	-29.65%	0.18%	100.79%	139.2%	23750.0%	-33.33%	-75.0%
Property, Plant & Equipment	$224.4M	$239.2M	$180.7M	$102.9M	$32.00M	$22.50M
YoY Change	-6.18%	32.42%	75.56%	221.56%	42.22%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$2.191M	$1.546M	$219.1M	$212.8M	$500.0K	$0.00	$122.1M	$155.5M	$155.3M
YoY Change	41.72%	-99.29%	2.97%	42460.0%		-100.0%	-21.48%	0.13%
Total Long-Term Assets	$248.8M	$271.9M	$413.0M	$325.6M	$33.60M	$24.00M	$122.1M	$155.5M	$155.3M
YoY Change	-8.48%	-34.16%	26.83%	869.05%	40.0%	-80.34%	-21.48%	0.13%
Total Assets	$390.6M	$433.3M	$642.5M	$554.7M	$147.7M	$71.70M	$122.3M	$155.8M	$156.5M
YoY Change
Accounts Payable	$49.83M	$46.44M	$79.75M	$69.60M	$50.20M	$24.80M	$700.0K	$200.0K	$200.0K
YoY Change	7.3%	-41.77%	14.59%	38.65%	102.42%	3442.86%	250.0%	0.0%
Accrued Expenses	$50.80M	$38.29M	$47.70M	$52.10M	$28.20M	$16.20M	$200.0K	$1.600M
YoY Change	32.68%	-19.73%	-8.45%	84.75%	74.07%	8000.0%	-87.5%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$600.0K	$0.00	$0.00
YoY Change						-100.0%
Long-Term Debt Due	$2.129M	$0.00	$2.297M	$2.000M	$0.00	$0.00
YoY Change		-100.0%	14.85%
Total Short-Term Liabilities	$111.0M	$99.42M	$142.0M	$132.2M	$86.90M	$48.60M	$1.800M	$1.900M	$200.0K
YoY Change	11.63%	-29.99%	7.42%	52.13%	78.81%	2600.0%	-5.26%	850.0%
Long-Term Debt	$26.91M	$21.55M	$94.11M	$41.40M	$35.40M	$21.40M	$0.00	$0.00	$0.00
YoY Change	24.87%	-77.1%	127.33%	16.95%	65.42%
Other Long-Term Liabilities	$137.1M	$133.5M	$259.8M	$313.6M	$54.00M	$3.700M	$4.000M	$4.700M	$4.700M
YoY Change	2.74%	-48.62%	-17.15%	480.74%	1359.46%	-7.5%	-14.89%	0.0%
Total Long-Term Liabilities	$164.0M	$155.0M	$353.9M	$355.0M	$89.40M	$25.10M	$4.000M	$4.700M	$4.700M
YoY Change	5.81%	-56.2%	-0.31%	297.09%	256.18%	527.5%	-14.89%	0.0%
Total Liabilities	$275.2M	$255.4M	$496.7M	$487.5M	$173.9M	$72.40M	$5.800M	$6.500M	$4.900M
YoY Change	7.77%	-48.59%	1.89%	180.33%	140.19%	1148.28%	-10.77%	32.65%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	103.6M shares	81.78M shares	65.93M shares	39.22M shares
Diluted Shares Outstanding	103.9M shares	81.78M shares	67.30M shares	39.22M 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: $107.14 Million

About Purple Innovation, Inc.

Purple Innovation, Inc. engages in the design and manufacture of comfort technology products. The company is headquartered in Lehi, Utah and currently employs 1,700 full-time employees. The company went IPO on 2015-07-30. The firm offers a variety of branded and premium comfort products, including mattresses, pillows, cushions, bases, sheets and others. The company develops its products, through its proprietary gel technology, Hyper-Elastic Polymer. The company has three mattress collections: Essentials, including the New Day, The Purple Mattress and The Purple Plus; Premium, including Restore, RestorePlus and RestorePremier, and Luxe, including Rejuvenate, RejuvenatePlus and RejuvenatePremier. The company sells eight pillow models: The Purple Harmony Pillow, the Purple Freeform Pillow, the Purple DreamLayer Pillow, the Purple Harmony Anywhere Pillow, the Purple Pillow, the Purple Twin Cloud Pillow, the Purple Cloud Pillow and the Kids Pillow. The company sells two types of sheets and pillowcases: Softstretch and Complete Comfort. Its Purple PerfectStay Duvet cover offers a patent-pending lay-and-zip design. The company has two types of bases: The Purple Premium and Purple Premium Plus smart.

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