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Purple Innovation, Inc. (PRPL)

For the quarter ending 2024-09-30, PRPL made $118,598K in revenue. -$39,228K in net income. Net profit margin of -33.08%.

Overview

Revenue
$118,598K
Net Income
-$39,228K
Net Profit Margin
-33.08%
EPS
-$0.36
Unit: Thousand (K) dollars
Revenue Breakdown
    • Dtc
    • Wholesale
Revenue Breakdown
    • Sleep products
    • Other

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2024-09-30
2024-06-30
Revenues118,598 120,271
Cost of revenue83,405 71,331
Gross profit35,193 48,940
Selling and marketing expense42,939 41,377
Restructuring costs and asset impairment charges18,881 -
Research and development expense2,920 3,986
General and administrative expense17,266 18,117
Operating expenses82,006 63,480
Operating income (loss)-46,813 -14,540
Other income7,165 53
Interest expense, nonoperating4,394 4,161
Fair value adjustment of warrants-4,795 -18,693
Nonoperating income (expense)7,566 14,585
Income (loss) from continuing operations before income taxes, noncontrolling interest-39,247 45
Income tax expense (benefit)63 54
Net income (loss), including portion attributable to noncontrolling interest-39,310 -9
Net income (loss) attributable to noncontrolling interest-82 -36
Reduce net income (in dollars)-39,228 27
Basic eps-0.36 -
Diluted eps-0.36 -
Basic average shares107,508,000 107,489,000
Diluted average shares107,508,000 107,779,000
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Reduce net income (indollars)-$39,228K Net income (loss)attributable to...-$82K Net income (loss),including portion...-$39,310K Fair valueadjustment of warrants-$4,795K Other income$7,165K Income (loss) fromcontinuing operations...-$39,247K Income tax expense(benefit)$63K Nonoperating income(expense)$7,566K Revenues$118,598K Interest expense,nonoperating$4,394K Operating income (loss)-$46,813K Gross profit$35,193K Cost of revenue$83,405K Operating expenses$82,006K General andadministrative expense$17,266K Research and developmentexpense$2,920K Restructuring costs and assetimpairment charges$18,881K Selling and marketingexpense$42,939K