Similar companies
| Company | Revenue | |
|---|---|---|
 |
Kirkland'sKIRK |
149M 30.1% |
 |
RHRH |
812M 0.1% |
 |
La-Z-BoyLZB |
522M 0.1% |
Income Statement (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Revenue | 241M | 61.1% |
| Gross Profit | 146M | 66.3% |
| Cost of Revenue | 96M | 53.7% |
| Operating expense | 98M | 3% |
| Net Income | 35M | 816.2% |
| EBITDA | 51M | 1366.6% |
Balance Sheet (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Total Assets | 532M | 6.5% |
| Total Liabilities | 316M | 4.2% |
| Total Equity | 216M | 10.1% |
| Shares Outstanding | 17M | 6.6% |
Cash Flow (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Cash from operations | 44M | 1144.4% |
| Cash from financing | -17M | 353.9% |
EPS
Financial Highlights for Lovesac in Q1 '25
Lovesac reported a revenue of 241M, which is a 61.1% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 146M, marking a 66.3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 96M, a 53.7% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 98M, showing a 3% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 35M, showing a 816.2% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 51M, showing a 1366.6% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Lovesac with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
