CoverageForm 410-K10-Q8-K13D13G13F

BOXD · Boxed, 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 itemFY 2021
Revenue$187.17M
Cost of Revenue$161.27M
Gross Profit$25.90M
R&D$2.49M
SG&A$49.68M
Total Operating Expenses-
D&A$4.79M
Operating Income($28.69M)
Interest Expense$445.8K
Income Tax$0
Net Income($34.44M)
EPS - Basic($3.80)
EPS - Diluted($3.80)

Balance Sheet

Line itemFY 2021
Cash & Equivalents$12.89M
Accounts Receivable$2.91M
Inventory$13.96M
Accounts Payable$28.94M
Current Assets$134.84M
Total Assets$231.60M
Current Liabilities$81.29M
Long-term Debt$120.33M
Total Liabilities$233.18M
Stockholders' Equity($274.94M)
Retained Earnings($384.65M)

Cash Flow

Line itemFY 2021
Operating Cash Flow($24.10M)
Investing Cash Flow($1.23M)
Financing Cash Flow$42.48M
CapEx$1.54M
Free Cash Flow($25.63M)

Ratios

MetricFY 2021
Profitability
Gross margin13.8%
Operating margin-15.3%
EBITDA margin-12.8%
Net margin-18.4%
Free cash flow margin-13.7%
FCF / Net income0.74
R&D / Revenue1.3%
SG&A / Revenue26.5%
Effective tax rate-
Return on assets-14.9%
Return on equity12.5%
Return on invested capital-
Liquidity
Current ratio1.66
Quick ratio1.49
Cash ratio0.16
Leverage
Debt / Equity-0.44
Debt / Assets0.52
Debt / EBITDA-
Interest coverage-64.3x
Equity multiplier-0.84
Liabilities / Assets1.01
Efficiency
Asset turnover0.81
Inventory turnover11.55
Days sales outstanding6d
Days inventory outstanding32d
Days payable outstanding65d
Cash conversion cycle-28d
Valuation
P / E-
P / B-
P / S-
EV / EBITDA-
Growth
Revenue growth (YoY)-
Revenue CAGR (3y)-
Revenue CAGR (5y)-
Gross profit growth (YoY)-
Operating income growth (YoY)-
Net income growth (YoY)-
EPS growth (YoY)-
EPS CAGR (3y)-
EPS CAGR (5y)-
FCF growth (YoY)-
FCF CAGR (5y)-
Book value growth (YoY)-

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2021-12-31.

Business segments

$177.27M total
Retail Segment$156.99M · 88.6%
Software And Services Segment$20.28M · 11.4%

Product / service

$180.24M total
Grocery$98.93M · 54.9%
Home And Household$53.35M · 29.6%
License And Service$20.28M · 11.3%
Product And Service Other$4.71M · 2.6%
Marketing Fees$1.52M · 0.8%
Shipping And Handling$1.45M · 0.8%

Stability scores

Altman Z′

FY 2021 · bankruptcy risk

-1.31
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 2021 · 9-point quality

1/9
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

CompanyRevenue (last FY)Net marginROE
CDW$22.42B4.8%40.9%
AMZN$716.92B10.8%18.9%
W$12.46B-2.5%11.3%
TDUP$310.81M-6.5%-34.1%
HNST$371.32M-4.2%-9.2%

Comparing Boxed against the 5 most active filers in the same SIC group.