APRN · Blue Apron Holdings, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Revenue | $458.47M | $470.38M | $460.61M | $881.19M | $667.60M | $795.42M |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | $155.10M | $145.44M | $137.24M | $144.93M | $194.34M | $165.18M |
| Total Operating Expenses | $567.18M | $541.49M | $499.17M | $506.96M | $781.98M | $850.22M |
| D&A | $21.86M | $22.20M | $24.50M | $31.20M | $34.52M | $8.22M |
| Operating Income | ($108.72M) | ($71.12M) | ($38.56M) | ($52.10M) | ($114.38M) | ($54.80M) |
| Interest Expense | - | - | - | - | - | - |
| Income Tax | $34.0K | $23.0K | $42.0K | $42.0K | $88.0K | $108.0K |
| Net Income | ($109.73M) | ($88.38M) | ($46.15M) | ($61.08M) | ($122.15M) | ($46.97M) |
| EPS - Basic | ($3.02) | ($3.97) | ($3.06) | ($4.67) | ($0.63) | ($0.84) |
| EPS - Diluted | ($3.02) | ($3.97) | ($3.06) | ($4.67) | ($0.63) | ($0.84) |
Balance Sheet
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $33.48M | $82.16M | $44.12M | $43.53M | $95.61M | $22.15M |
| Accounts Receivable | $556.0K | $234.0K | $116.0K | $248.0K | $494.0K | $1.95M |
| Inventory | - | - | $18.18M | $25.11M | $33.63M | $41.93M |
| Accounts Payable | $18.71M | $27.96M | $23.69M | $23.97M | $22.57M | $30.45M |
| Current Assets | $76.71M | $119.63M | $86.07M | $77.75M | $142.00M | $282.75M |
| Total Assets | $171.14M | $231.71M | $215.34M | $266.06M | $354.90M | $517.71M |
| Current Liabilities | $104.03M | $79.37M | $75.09M | $60.46M | $67.54M | $90.71M |
| Long-term Debt | $0 | $25.89M | $28.75M | $53.46M | $82.60M | $124.69M |
| Total Liabilities | $137.42M | $151.65M | $151.36M | $198.07M | $235.60M | $293.86M |
| Stockholders' Equity | $33.72M | $80.05M | $63.98M | $68.00M | $119.30M | ($36.14M) |
| Retained Earnings | ($776.79M) | ($666.51M) | ($578.13M) | ($531.98M) | ($471.24M) | ($348.70M) |
Cash Flow
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($91.59M) | ($48.96M) | ($5.37M) | ($16.47M) | ($76.90M) | ($23.55M) |
| Investing Cash Flow | ($6.42M) | ($3.67M) | ($5.78M) | ($4.48M) | ($13.61M) | ($66.46M) |
| Financing Cash Flow | $49.06M | $90.38M | $10.55M | ($29.92M) | ($42.39M) | $44.61M |
| CapEx | $6.64M | $5.08M | $6.00M | $5.22M | $15.02M | $62.83M |
| Free Cash Flow | ($98.23M) | ($54.04M) | ($11.37M) | ($21.69M) | ($91.92M) | ($86.37M) |
Ratios
| Metric | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | -23.7% | -15.1% | -8.4% | -5.9% | -17.1% | -6.9% |
| EBITDA margin | -18.9% | -10.4% | -3.1% | -2.4% | -12.0% | -5.9% |
| Net margin | -23.9% | -18.8% | -10.0% | -6.9% | -18.3% | -5.9% |
| Free cash flow margin | -21.4% | -11.5% | -2.5% | -2.5% | -13.8% | -10.9% |
| FCF / Net income | 0.90 | 0.61 | 0.25 | 0.36 | 0.75 | 1.84 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 33.8% | 30.9% | 29.8% | 16.4% | 29.1% | 20.8% |
| Effective tax rate | - | - | - | - | - | - |
| Return on assets | -64.1% | -38.1% | -21.4% | -23.0% | -34.4% | -9.1% |
| Return on equity | -325.4% | -110.4% | -72.1% | -89.8% | -102.4% | 130.0% |
| Return on invested capital | -254.7% | -53.0% | -32.9% | -33.9% | -44.8% | -48.9% |
| Liquidity | ||||||
| Current ratio | 0.74 | 1.51 | 1.15 | 1.29 | 2.10 | 3.12 |
| Quick ratio | 0.74 | 1.51 | 0.90 | 0.87 | 1.60 | 2.65 |
| Cash ratio | 0.32 | 1.04 | 0.59 | 0.72 | 1.42 | 0.24 |
| Leverage | ||||||
| Debt / Equity | 0.00 | 0.32 | 0.45 | 0.79 | 0.69 | -3.45 |
| Debt / Assets | 0.00 | 0.11 | 0.13 | 0.20 | 0.23 | 0.24 |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - |
| Equity multiplier | 5.08 | 2.89 | 3.37 | 3.91 | 2.97 | -14.33 |
| Liabilities / Assets | 0.80 | 0.65 | 0.70 | 0.74 | 0.66 | 0.57 |
| Efficiency | ||||||
| Asset turnover | 2.68 | 2.03 | 2.14 | 3.31 | 1.88 | 1.54 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 0d | 0d | 0d | 0d | 0d | 1d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | -2.5% | 2.1% | -47.7% | 32.0% | -16.1% | - |
| Revenue CAGR (3y) | -19.6% | -11.0% | -16.6% | - | - | - |
| Revenue CAGR (5y) | -10.4% | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | -52.9% | -84.4% | 26.0% | 54.5% | -108.7% | - |
| Net income growth (YoY) | -24.2% | -91.5% | 24.4% | 50.0% | -160.1% | - |
| EPS growth (YoY) | 23.9% | -29.7% | 34.5% | -641.3% | 25.0% | - |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | -81.8% | -375.3% | 47.6% | 76.4% | -6.4% | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | -57.9% | 25.1% | -5.9% | -43.0% | - | - |
Stability scores
Altman Z′
FY 2022 · bankruptcy risk
-3.16
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2022 · 9-point quality
3/9
Weak
- ✗Net income positive
- ✗Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- ✗Current ratio improved
- ✗No share dilution
- -Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Retail-Catalog & Mail-Order Houses
Comparing Blue Apron Holdings against the 5 most active filers in the same SIC group.