secwatch.observer — SEC 8-K summary
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Issuer:     A.K.A. BRANDS HOLDING CORP. (AKA)
CIK:        0001865107
Form:       8-K
Filed at:   2022-05-10T23:59:59+00:00
Accession:  0001865107-22-000050
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

a.k.a. Brands Q1 net sales surge 115.6% to $148.3M; adjusted EBITDA $10.7M
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- Net sales $148.3M (+115.6% YoY); pro-forma growth of 23.6% excluding Culture Kings.
- Net income $1.5M ($0.01 EPS); adjusted net income $2.0M ($0.02 EPS).
- Adjusted EBITDA $10.7M (7.2% of net sales) vs $8.3M (12.1%) in Q1 2021.
- Gross margin 56.8% vs 59.0% YoY, down 220 bps on higher air freight and Culture Kings mix.
- Active customers up 46% to over 3.8M pro-forma; U.S. net sales grew 54%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1865107/000186510722000050/0001865107-22-000050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1865107/000186510722000050/aka-20220510.htm
  HTML page:      https://secwatch.observer/filing/0001865107-22-000050

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer