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 item | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q4 '19 | Q4 '18 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $49.01M | $43.67M | $40.86M | - | - | - | - | - | - | - |
| Cost of Revenue | $36.34M | $40.80M | $40.53M | - | - | - | - | - | - | - |
| Gross Profit | $12.66M | $5.12M | $4.93M | - | - | - | - | - | - | - |
| R&D | $789.0K | $335.0K | $476.0K | - | - | - | - | - | - | - |
| SG&A | $23.96M | $22.87M | $12.51M | - | $892.0K | $1.16M | $874.7K | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $1.08M | $1.23M | $1.02M | - | - | - | - | - | - | - |
| Operating Income | ($21.59M) | ($28.09M) | ($29.01M) | - | ($1.03M) | ($1.27M) | ($956.5K) | - | - | - |
| Interest Expense | $3.24M | $3.09M | $3.02M | - | - | - | - | - | - | - |
| Income Tax | $0 | $0 | $0 | - | - | - | - | - | - | - |
| Net Income | ($26.38M) | ($31.82M) | ($36.21M) | - | $6.03M | ($6.26M) | $4.64M | - | - | - |
| EPS - Basic | ($0.55) | ($0.47) | ($0.54) | - | - | - | - | - | - | - |
| EPS - Diluted | ($0.37) | ($0.47) | ($1.55) | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q4 '19 | Q4 '18 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $32.07M | $39.89M | $69.94M | $105.03M | $535.5K | $935.1K | $1.48M | - | $12.89M | $56.60M |
| Accounts Receivable | $3.24M | $3.93M | $3.19M | $3.12M | - | - | - | $2.91M | - | - |
| Inventory | $11.08M | $15.01M | $13.07M | $11.43M | - | - | - | $13.96M | - | - |
| Accounts Payable | $14.71M | $17.21M | $16.54M | $28.94M | $41 | $25.2K | $52.3K | - | - | - |
| Current Assets | $71.88M | $81.67M | $100.96M | $134.84M | $1.04M | $1.52M | $2.52M | - | - | - |
| Total Assets | $118.78M | $185.98M | $206.89M | $231.60M | $259.84M | $260.32M | $261.27M | - | - | - |
| Current Liabilities | $53.75M | $51.14M | $70.17M | $81.29M | $1.98M | $1.43M | $210.3K | - | - | - |
| Long-term Debt | $124.56M | $124.10M | $120.76M | $120.33M | - | - | - | $3.75M | - | - |
| Total Liabilities | $189.49M | $234.47M | $236.49M | $233.18M | $16.78M | $23.29M | $22.63M | - | - | - |
| Stockholders' Equity | ($70.71M) | ($48.49M) | ($29.59M) | ($1.58M) | ($15.69M) | $5.00M | $5.00M | - | ($274.94M) | ($210.77M) |
| Retained Earnings | ($479.05M) | ($452.68M) | ($420.86M) | ($384.65M) | ($15.69M) | ($5.84M) | ($4.22M) | - | - | - |
Cash Flow
| Line item | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q4 '19 | Q4 '18 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | ($36.35M) | - | - | - | ($283.6K) | - | - | - |
| Investing Cash Flow | - | - | ($420.0K) | - | - | - | - | - | - | - |
| Financing Cash Flow | - | - | ($889.0K) | - | - | - | - | - | - | - |
| CapEx | - | - | $599.0K | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | ($36.95M) | - | - | - | - | - | - | - |
Ratios
| Metric | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q4 '19 | Q4 '18 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 25.8% | 11.7% | 12.1% | - | - | - | - | - | - | - |
| Operating margin | -44.1% | -64.3% | -71.0% | - | - | - | - | - | - | - |
| EBITDA margin | -41.9% | -61.5% | -68.5% | - | - | - | - | - | - | - |
| Net margin | -53.8% | -72.9% | -88.6% | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | -90.4% | - | - | - | - | - | - | - |
| FCF / Net income | - | - | 1.02 | - | - | - | - | - | - | - |
| R&D / Revenue | 1.6% | 0.8% | 1.2% | - | - | - | - | - | - | - |
| SG&A / Revenue | 48.9% | 52.4% | 30.6% | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -22.2% | -17.1% | -17.5% | - | 2.3% | -2.4% | 1.8% | - | - | - |
| Return on equity | 37.3% | 65.6% | 122.4% | - | -38.4% | -125.2% | 92.9% | - | - | - |
| Return on invested capital | -31.7% | -29.4% | -25.1% | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.34 | 1.60 | 1.44 | 1.66 | 0.52 | 1.06 | 12.00 | - | - | - |
| Quick ratio | 1.13 | 1.30 | 1.25 | 1.52 | 0.52 | 1.06 | 12.00 | - | - | - |
| Cash ratio | 0.60 | 0.78 | 1.00 | 1.29 | 0.27 | 0.65 | 7.04 | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | -1.76 | -2.56 | -4.08 | -76.37 | - | - | - | - | - | - |
| Debt / Assets | 1.05 | 0.67 | 0.58 | 0.52 | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -6.7x | -9.1x | -9.6x | - | - | - | - | - | - | - |
| Equity multiplier | -1.68 | -3.84 | -6.99 | -146.98 | -16.56 | 52.06 | 52.25 | - | - | - |
| Liabilities / Assets | 1.60 | 1.26 | 1.14 | 1.01 | 0.06 | 0.09 | 0.09 | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.41 | 0.23 | 0.20 | - | - | - | - | - | - | - |
| Inventory turnover | 3.28 | 2.72 | 3.10 | - | - | - | - | - | - | - |
| Days sales outstanding | 24d | 33d | 29d | - | - | - | - | - | - | - |
| Days inventory outstanding | 111d | 134d | 118d | - | - | - | - | - | - | - |
| Days payable outstanding | 148d | 154d | 149d | - | - | - | - | - | - | - |
| Cash conversion cycle | -12d | 13d | -3d | - | - | - | - | - | - | - |
| 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) | -1996.7% | -2115.2% | -2932.8% | - | - | - | - | - | - | - |
| Net income growth (YoY) | - | -408.1% | - | - | - | - | - | - | - | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -350.7% | - | - | - | - | - | - | - | -30.4% | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Business segments
$177.27M totalRetail Segment$156.99M · 88.6%
Software And Services Segment$20.28M · 11.4%
Product / service
$180.24M totalGrocery$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%
Peer comparison
Same SIC group: Retail-Catalog & Mail-Order Houses
Comparing Boxed against the 5 most active filers in the same SIC group.