M&A
confidence high
sentiment neutral
materiality 0.50
ARKO files Pride acquisition financials; Pride had $281M revenue in FY2021
ARKO Corp.
- Pride Stores, LLC and Affiliates reported total revenues of $281.3M and net income of $8.7M for fiscal year ended Dec 30, 2021.
- Total assets of $76.7M, total liabilities of $31.0M, and members' equity of $45.7M as of Dec 30, 2021.
- Unaudited financials for nine months ended Sep 30, 2022 and pro forma combined financials also filed.
- Audit report notes Pride sold a majority of its assets and operations on Dec 31, 2021.