Purple Innovation, Inc. engages in the design and manufacture of comfort technology products. The company is headquartered in Lehi, Utah and currently employs 1,200 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.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenue
457
487
510
575
726
648
Revenue Growth (YoY)
-9%
-5%
-11%
-21%
12%
51%
Cost of Revenue
268
291
338
365
431
343
Gross Profit
188
196
171
210
295
305
Selling, General & Admin
211
240
266
242
311
227
Research & Development
9
12
11
8
6
6
Operating Expenses
220
253
278
250
318
233
Other Non Operating Income (Expenses)
-5
0
-2
161
3
-34
Pretax Income
-56
-98
-121
122
2
-273
Income Tax Expense
0
0
0
212
-1
-43
Net Income
-56
-97
-120
-89
4
-236
Net Income Growth
-48%
-19%
35%
-2,325%
-102%
973%
Shares Outstanding (Diluted)
108.24
107.13
103.6
81.8
67.3
39.2
Shares Change (YoY)
1%
3%
27%
22%
72%
292%
EPS (Diluted)
-0.52
-0.91
-1.16
-1.1
0.06
-6.04
EPS Growth
-48%
-22%
6%
-1,932.99%
-101%
167%
Free Cash Flow
-28
-25
-69
-66
-87
42
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
41.13%
40.24%
33.52%
36.52%
40.63%
47.06%
Operating Margin
-7%
-11.49%
-20.78%
-6.95%
-3.16%
10.95%
Profit Margin
-12.25%
-19.91%
-23.52%
-15.47%
0.55%
-36.41%
Free Cash Flow Margin
-6.12%
-5.13%
-13.52%
-11.47%
-11.98%
6.48%
EBITDA
-5
-21
-81
-23
-14
78
EBITDA Margin
-1.09%
-4.31%
-15.88%
-4%
-1.92%
12.03%
D&A For EBITDA
27
35
25
17
9
7
EBIT
-32
-56
-106
-40
-23
71
EBIT Margin
-7%
-11.49%
-20.78%
-6.95%
-3.16%
10.95%
Effective Tax Rate
0%
0%
0%
173.77%
-50%
15.75%
Follow-Up Questions
What are Purple Innovation Inc's key financial statements?
According to the latest financial statement (Form-10K), Purple Innovation Inc has a total asset of $307, Net loss of $-97
What are the key financial ratios for PRPL?
Purple Innovation Inc's Current ratio is 1.06, has a Net margin is -19.91, sales per share of $4.54.
How is Purple Innovation Inc's revenue broken down by segment or geography?
Purple Innovation Inc largest revenue segment is Sleep Products, at a revenue of 496,400,000 in the most earnings release.For geography, United States is the primary market for Purple Innovation Inc, at a revenue of 506,538,000.
Is Purple Innovation Inc profitable?
no, according to the latest financial statements, Purple Innovation Inc has a net loss of $-97
Does Purple Innovation Inc have any liabilities?
yes, Purple Innovation Inc has liability of 287
How many outstanding shares for Purple Innovation Inc?
Purple Innovation Inc has a total outstanding shares of 107.71