Purple Innovation, Inc. financial data

Symbol
PRPL on Nasdaq
Industry
Household Furniture
Location
4100 N. Chapel Ridge Rd, Suite 200, Lehi, UT
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Global Partner Acquisition Corp. (to 2/2/2018)
Latest financial report
10-Q - Q2 2024 - Aug 5, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 139 % -18.3%
Quick Ratio 70 % -17.8%
Debt-to-equity 303 % +115%
Return On Equity -110 % -59.6%
Return On Assets -27.3 % +2.61%
Operating Margin -16.4 % -8.66%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 154M USD +20.1%
Common Stock, Value, Issued 11K USD +37.5%
Weighted Average Number of Shares Outstanding, Basic 107M shares +2.29%
Weighted Average Number of Shares Outstanding, Diluted 108M shares +2.57%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 526M USD +3.08%
Cost of Revenue 340M USD +3.97%
Research and Development Expense 13.3M USD +18.7%
Selling and Marketing Expense 181M USD +13.2%
General and Administrative Expense 72.2M USD -19.9%
Operating Income (Loss) -86.5M USD -12%
Nonoperating Income (Expense) 14.6M USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 45K USD
Income Tax Expense (Benefit) -23K USD -25%
Net Income (Loss) Attributable to Parent -105M USD +23.7%
Earnings Per Share, Basic -0.99 USD/shares +33.1%
Earnings Per Share, Diluted -0.99 USD/shares +33.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 23.4M USD -13.1%
Accounts Receivable, after Allowance for Credit Loss, Current 32.1M USD +40.9%
Inventory, Net 69.7M USD -11.2%
Other Assets, Current 886K USD -77.2%
Assets, Current 131M USD -4.55%
Deferred Income Tax Assets, Net 221M USD +3.19%
Property, Plant and Equipment, Net 119M USD -9.15%
Operating Lease, Right-of-Use Asset 90.5M USD -9.36%
Intangible Assets, Net (Excluding Goodwill) 18.7M USD -21%
Goodwill 5.02M USD
Other Assets, Noncurrent 2.06M USD -30.3%
Assets 362M USD -9.62%
Accounts Payable, Current 37.5M USD -23.2%
Employee-related Liabilities, Current 9.19M USD +119%
Liabilities, Current 92M USD +0.16%
Operating Lease, Liability, Noncurrent 102M USD -9.98%
Other Liabilities, Noncurrent 3.39M USD -80.8%
Liabilities 296M USD +32.5%
Retained Earnings (Accumulated Deficit) -526M USD -27.6%
Stockholders' Equity Attributable to Parent 66.4M USD -62.5%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 66.5M USD -60.4%
Liabilities and Equity 362M USD -9.62%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -16.8M USD -24.5%
Net Cash Provided by (Used in) Financing Activities 27.5M USD -6.27%
Net Cash Provided by (Used in) Investing Activities -3.1M USD -0.07%
Common Stock, Shares, Issued 1M shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 12.8M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 23.4M USD -13.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 863K USD +101%
Deferred Tax Assets, Valuation Allowance 304M USD +13%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0 pure -93.8%
Deferred Tax Assets, Gross 304M USD +13%
Operating Lease, Liability 117M USD -8.29%
Depreciation 20.3M USD +15.3%
Payments to Acquire Property, Plant, and Equipment 3.04M USD +3.23%
Lessee, Operating Lease, Liability, to be Paid 145M USD -9.47%
Property, Plant and Equipment, Gross 182M USD +3.47%
Operating Lease, Liability, Current 15.1M USD +5.09%
Lessee, Operating Lease, Liability, to be Paid, Year Two 19.9M USD -4.11%
Lessee, Operating Lease, Liability, to be Paid, Year One 21.3M USD +118%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure
Deferred Income Tax Expense (Benefit) -14.5M USD -103%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 28M USD -14.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 19.7M USD -3.39%
Deferred Tax Assets, Operating Loss Carryforwards 62.6M USD +91.4%
Preferred Stock, Shares Authorized 5M shares 0%
Unrecognized Tax Benefits 900K USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 19.7M USD +2.57%
Operating Lease, Payments 3.69M USD +8.31%
Additional Paid in Capital 589M USD +17.4%
Preferred Stock, Shares Outstanding 1M shares
Depreciation, Depletion and Amortization 6.38M USD -7.28%
Deferred Tax Assets, Net of Valuation Allowance 177M USD +888%
Share-based Payment Arrangement, Expense 3.34M USD -42.6%
Interest Expense 6.24M USD +130%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%