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
DE
Fiscal year end
December 31
Former names
Global Partner Acquisition Corp. (to 2/2/2018)
Latest financial report
10-Q - Q3 2024 - Nov 4, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 137 % -14.1%
Quick Ratio 68.2 % -16.4%
Debt-to-equity 424 % +205%
Return On Equity -156 % -52.6%
Return On Assets -29.8 % +28.9%
Operating Margin -19.9 % +8.57%

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 108M shares +2.07%
Weighted Average Number of Shares Outstanding, Diluted 108M shares +2.07%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 505M USD -0.55%
Cost of Revenue 331M USD -1.52%
Research and Development Expense 13.5M USD +12.8%
Selling and Marketing Expense 171M USD -2.68%
General and Administrative Expense 71.9M USD -18.7%
Operating Income (Loss) -101M USD +9.06%
Nonoperating Income (Expense) 7.57M USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -108M USD -345%
Income Tax Expense (Benefit) 22K USD +250%
Net Income (Loss) Attributable to Parent -108M USD +38.4%
Earnings Per Share, Basic -1.01 USD/shares +45.1%
Earnings Per Share, Diluted -1.01 USD/shares +45.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 23.4M USD
Accounts Receivable, after Allowance for Credit Loss, Current 29.7M USD -9.25%
Inventory, Net 59.9M USD -16.9%
Other Assets, Current 1.01M USD -49.5%
Assets, Current 123M USD -13.4%
Deferred Income Tax Assets, Net 221M USD +3.19%
Property, Plant and Equipment, Net 100M USD -22.7%
Operating Lease, Right-of-Use Asset 74.3M USD -26.3%
Intangible Assets, Net (Excluding Goodwill) 9.23M USD -59.8%
Goodwill 5.02M USD
Other Assets, Noncurrent 2.45M USD -2.39%
Assets 309M USD -22.3%
Accounts Payable, Current 30.4M USD -33.5%
Employee-related Liabilities, Current 15.1M USD +143%
Contract with Customer, Liability, Current 3.78M USD
Liabilities, Current 94.5M USD -7.36%
Operating Lease, Liability, Noncurrent 85.6M USD -25%
Other Liabilities, Noncurrent 3.34M USD -87.3%
Liabilities 281M USD +6.15%
Retained Earnings (Accumulated Deficit) -565M USD -23.5%
Stockholders' Equity Attributable to Parent 28M USD -78.9%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 28M USD -78.9%
Liabilities and Equity 309M USD -22.3%

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 -12.1%
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 102M USD -21.1%
Depreciation 28.8M USD +57.4%
Payments to Acquire Property, Plant, and Equipment 3.04M USD +3.23%
Lessee, Operating Lease, Liability, to be Paid 124M USD -23.5%
Property, Plant and Equipment, Gross 178M USD -0.61%
Operating Lease, Liability, Current 16.2M USD +9.38%
Lessee, Operating Lease, Liability, to be Paid, Year Two 19.4M USD -10.1%
Lessee, Operating Lease, Liability, to be Paid, Year One 21.4M USD -2.32%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Deferred Income Tax Expense (Benefit) -14.5M USD -103%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 22.5M USD -33%
Lessee, Operating Lease, Liability, to be Paid, Year Three 16.8M USD -17.1%
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 16.4M USD -19.4%
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 3.19M USD -46.5%
Interest Expense 6.24M USD +130%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%