Hour Loop, Inc financial data

Symbol
HOUR on Nasdaq
Industry
Retail-Catalog & Mail-Order Houses
Location
8201 164 Th Ave Ne #200, Redmond, WA
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 9, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 170 % +2.99%
Quick Ratio 139 % +0.17%
Debt-to-equity 301 % +20%
Return On Equity 24.6 %
Return On Assets 6.13 %
Operating Margin 1.37 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 35.1M shares +0.18%
Common Stock, Shares, Outstanding 35.1M shares +0.11%
Entity Public Float 58.2M USD -34.9%
Common Stock, Value, Issued 3.51K USD +0.09%
Weighted Average Number of Shares Outstanding, Basic 35.1M shares +0.15%
Weighted Average Number of Shares Outstanding, Diluted 35.1M shares +0.15%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 141M USD +25.9%
Selling and Marketing Expense 65.4M USD +30.9%
General and Administrative Expense 8.29M USD -1.43%
Operating Income (Loss) 1.93M USD
Nonoperating Income (Expense) -108K USD -387%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.82M USD
Income Tax Expense (Benefit) 533K USD
Net Income (Loss) Attributable to Parent 1.29M USD
Earnings Per Share, Basic 0.04 USD/shares
Earnings Per Share, Diluted 0.04 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.92M USD +129%
Accounts Receivable, after Allowance for Credit Loss, Current 753K USD +134%
Inventory, Net 14.7M USD +1.67%
Other Assets, Current 5.01K USD -16.5%
Assets, Current 19.2M USD +14.9%
Deferred Income Tax Assets, Net 733K USD -33.1%
Property, Plant and Equipment, Net 105K USD -49.8%
Operating Lease, Right-of-Use Asset 153K USD -47.9%
Assets 20.2M USD +10.3%
Accounts Payable, Current 5.69M USD -23.6%
Accrued Liabilities, Current 227K USD +93.6%
Liabilities, Current 9.87M USD +6.23%
Operating Lease, Liability, Noncurrent 24K USD -48.9%
Other Liabilities, Noncurrent 4.23M USD
Liabilities 14M USD +4.18%
Accumulated Other Comprehensive Income (Loss), Net of Tax -50.2K USD -62.6%
Retained Earnings (Accumulated Deficit) 462K USD
Stockholders' Equity Attributable to Parent 6.18M USD +27.3%
Liabilities and Equity 20.2M USD +10.3%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 493K USD
Net Cash Provided by (Used in) Financing Activities -159K USD -103%
Net Cash Provided by (Used in) Investing Activities -17.8K USD -427%
Common Stock, Shares Authorized 300M shares 0%
Common Stock, Shares, Issued 35.1M shares +0.11%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 438K USD
Interest Paid, Excluding Capitalized Interest, Operating Activities 3.38K USD -97.9%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure -4.55%
Operating Lease, Liability 160K USD -43.3%
Depreciation 35.3K USD +1.76%
Payments to Acquire Property, Plant, and Equipment 17.8K USD +427%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.27M USD
Lessee, Operating Lease, Liability, to be Paid 163K USD -43.8%
Property, Plant and Equipment, Gross 383K USD +8.15%
Operating Lease, Liability, Current 160K USD -40%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.45K USD -96.4%
Lessee, Operating Lease, Liability, to be Paid, Year One 73.6K USD -10.4%
Deferred Income Tax Expense (Benefit) 351K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 2.61K USD -62.1%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) 305K USD
Current Income Tax Expense (Benefit) 86K USD
Preferred Stock, Shares Authorized 10M shares 0%
Operating Lease, Payments 35.2K USD -65.4%
Additional Paid in Capital 5.76M USD +0.95%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 86K USD
Deferred Tax Assets, Net of Valuation Allowance 733K USD -33.1%
Deferred State and Local Income Tax Expense (Benefit) 46.3K USD
Interest Expense 117K USD -32.3%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%