$UTZ
Utz Brands, Inc.

2020 Q2 Form 10-Q Financial Statement

#000110465920092373 Filed on August 10, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2020 Q1 2019 Q4
Revenue $242.0M $228.0M $201.8M
YoY Change 27.81%
Cost Of Revenue $157.1M $148.0M
YoY Change
Gross Profit $84.88M $80.01M
YoY Change
Gross Profit Margin 35.08% 35.09%
Selling, General & Admin $68.08M $68.27M $300.0K
YoY Change 67982.0% 34036.5% 200.0%
% of Gross Profit 80.21% 85.33%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $7.100M $8.912M
YoY Change
% of Gross Profit 8.36% 11.14%
Operating Expenses $68.08M $68.27M $300.0K
YoY Change 67982.0% 34036.5% 200.0%
Operating Profit $17.45M $12.21M -$13.80M
YoY Change -13950.0% 33.14% 1433.67%
Interest Expense $9.987M $9.643M $1.800M
YoY Change 299.48% 285.72% -10.0%
% of Operating Profit 57.23% 78.96%
Other Income/Expense, Net -$9.728M -$9.063M
YoY Change
Pretax Income $7.723M $3.150M $1.500M
YoY Change 221.79% 36.96% -21.05%
Income Tax $1.200M $1.500M
% Of Pretax Income 15.54% 47.62%
Net Earnings $6.552M $1.692M -$24.65M
YoY Change 173.0% -150.96% -1397.58%
Net Earnings / Revenue 2.71% 0.74% -12.22%
Basic Earnings Per Share
Diluted Earnings Per Share $111.7K $3.578K $26.83K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2020 Q2 2020 Q1 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $300.0K $600.0K $600.0K
YoY Change -57.14% -14.29% -33.33%
Cash & Equivalents $314.0K $5.631M $15.05M
Short-Term Investments
Other Short-Term Assets $100.0K $200.0K $100.0K
YoY Change -66.67% -33.33% -66.67%
Inventory $50.89M
Prepaid Expenses $87.94K $136.3K
Receivables $106.8M
Other Receivables
Total Short-Term Assets $401.5K $700.0K $184.1M
YoY Change -55.39% -36.36% 14060.0%
LONG-TERM ASSETS
Property, Plant & Equipment $171.7M
YoY Change
Goodwill $207.5M $202.4M
YoY Change 54.62%
Intangibles $184.0M
YoY Change
Long-Term Investments $452.6M $452.4M $451.0M
YoY Change 1.25% 1.78% 2.04%
Other Assets $7.693M
YoY Change
Total Long-Term Assets $452.6M $452.5M $594.5M
YoY Change 1.25% 1.8% 34.49%
TOTAL ASSETS
Total Short-Term Assets $401.5K $700.0K $184.1M
Total Long-Term Assets $452.6M $452.5M $594.5M
Total Assets $453.0M $453.2M $778.5M
YoY Change 1.14% 1.71% 75.63%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $196.8K $200.0K $49.03M
YoY Change 48928.0%
Accrued Expenses $1.668M $1.700M $44.21M
YoY Change 1567.67% 1600.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.071M $1.900M $107.5M
YoY Change 1971.27% 1800.0% 107417.0%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $15.50M $15.50M $15.50M
YoY Change 0.0% 0.0% 0.0%
Total Long-Term Liabilities $15.50M $15.50M $704.4M
YoY Change 0.0% 0.0% 4444.4%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.071M $1.900M $107.5M
Total Long-Term Liabilities $15.50M $15.50M $704.4M
Total Liabilities $17.52M $17.30M $811.9M
YoY Change 12.32% 10.9% 5104.48%
SHAREHOLDERS EQUITY
Retained Earnings $4.999M $4.999M
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.000M $5.000M $5.000M
YoY Change
Total Liabilities & Shareholders Equity $453.0M $453.2M $778.5M
YoY Change 1.14% 1.71% 75.63%

Cashflow Statement

Concept 2020 Q2 2020 Q1 2019 Q4
OPERATING ACTIVITIES
Net Income $6.552M $1.692M -$24.65M
YoY Change 173.0% -150.96% -1397.58%
Depreciation, Depletion And Amortization $7.100M $8.912M
YoY Change
Cash From Operating Activities -$270.0K -$2.773M -$90.00K
YoY Change 350.0% 1220.48% -76.92%
INVESTING ACTIVITIES
Capital Expenditures $3.556M
YoY Change
Acquisitions $8.789M
YoY Change
Other Investing Activities $0.00
YoY Change -100.0%
Cash From Investing Activities -$14.46M $0.00
YoY Change -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid $0.00
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $7.815M 0.000
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities -270.0K -$2.773M -90.00K
Cash From Investing Activities -$14.46M 0.000
Cash From Financing Activities $7.815M 0.000
Net Change In Cash -270.0K -$9.422M -90.00K
YoY Change 350.0% 4386.67% -110.0%
FREE CASH FLOW
Cash From Operating Activities -$270.0K -$2.773M -$90.00K
Capital Expenditures $3.556M
Free Cash Flow -$6.329M
YoY Change

Facts In Submission

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one year after the completion of the initial Business Combination or (ii) the date on which the Company completes a liquidation, merger, share exchange or other similar transaction after the initial Business Combination that results in all of the Company’s shareholders having the right to exchange their Class A ordinary shares for cash, securities or other property (except to certain permitted transferees).
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tmb-20200630x10q.htm Edgar Link pending
tmb-20200630x10q_htm.xml Edgar Link completed
tmb-20200630xex31d1.htm Edgar Link pending
tmb-20200630xex32d1.htm Edgar Link pending
tmb-20200630_cal.xml Edgar Link unprocessable
tmb-20200630_def.xml Edgar Link unprocessable
tmb-20200630_lab.xml Edgar Link unprocessable
tmb-20200630_pre.xml Edgar Link unprocessable