earnings
confidence high
sentiment positive
materiality 0.65
a.k.a. Brands Q4 net sales $182.4M (+158% YoY); net income $0.0M; adjusted EBITDA $16.1M
A.K.A. BRANDS HOLDING CORP.
2021-FY EPS reported
-$0.06
revenue$562,191,000
- Q4 net sales $182.4M (+157.7% YoY; pro-forma +43.2%); adjusted EBITDA margin 8.8% vs 14.6% a year ago.
- Q4 GAAP net income $0.0M ($0.00/sh) vs $5.1M ($0.07) in Q4 2020; adjusted net income $4.3M ($0.03).
- FY2021 net sales $562.2M (+160.4%); GAAP net loss $(6.0)M ($(0.06)/sh); adjusted net income $14.1M ($0.15).
- Active customers grew 61% to 3.7M; Culture Kings opened print-on-demand facility, plans Las Vegas flagship by year-end.
- CEO stated Q4 exceeded expectations and expects profitable growth in 2022; mnml brand performed ahead during holiday.