M&A
confidence medium
sentiment positive
materiality 0.60
Crocs amendment discloses HEYDUDE HK entities revenue of $150.3M and net income of $48.1M for FY2021
Crocs, Inc.
- HEYDUDE HK companies (Full Fortune entities) had revenue of $150.3M and net income of $48.1M for year ended March 31, 2021.
- HK entities had cash of $37.6M, total assets of $60.5M, and stockholders' equity of $48.1M as of March 31, 2021.
- Acquisition of HEYDUDE completed on February 17, 2022; this 8-K/A adds required historical financials and pro forma data.
- Unaudited pro forma combined financial statements for year ended December 31, 2021 are included in Exhibit 99.4.