PFSW · Pfsweb 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 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $67.92M | $69.26M | - | $65.48M | $64.63M | $66.49M | - | $61.34M | $65.29M | $76.70M |
| Cost of Revenue | $56.03M | $57.65M | - | $55.60M | $55.03M | $57.20M | - | $50.25M | $49.74M | $58.21M |
| Gross Profit | $11.89M | $11.62M | - | $9.88M | $9.61M | $9.29M | - | $11.09M | $11.35M | $19.76M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $12.29M | $12.53M | - | $16.34M | $14.08M | $16.43M | - | $16.16M | $15.68M | $21.30M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | $2.05M | - | - | - | $1.96M | - | - | - | $2.22M |
| Operating Income | ($394.0K) | ($917.0K) | - | ($6.46M) | ($4.47M) | ($7.14M) | - | ($5.07M) | ($4.32M) | ($1.54M) |
| Interest Expense | - | - | - | - | - | $6.0K | - | $165.0K | $333.0K | $376.0K |
| Income Tax | ($12.0K) | $645.0K | - | $186.0K | $184.0K | $318.0K | - | $1.15M | ($155.0K) | $465.0K |
| Net Income | ($128.0K) | ($1.48M) | - | ($6.09M) | ($4.32M) | ($7.47M) | - | $157.35M | ($7.62M) | ($2.38M) |
| EPS - Basic | ($0.01) | ($0.06) | - | ($0.27) | ($0.19) | ($0.33) | - | $7.39 | ($0.36) | ($0.11) |
| EPS - Diluted | ($0.01) | ($0.06) | - | ($0.27) | ($0.19) | ($0.33) | - | $7.39 | ($0.36) | ($0.11) |
Balance Sheet
| Line item | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $39.02M | $39.74M | $30.03M | $140.35M | $148.17M | $154.78M | $152.33M | $194.00M | $12.49M | $10.84M |
| Accounts Receivable | $44.92M | $49.40M | $82.54M | $50.70M | $49.55M | $55.53M | $78.02M | $53.14M | $49.12M | $58.63M |
| Inventory | - | - | $0 | $0 | $0 | $0 | $3.13M | $3.21M | $4.04M | $3.89M |
| Accounts Payable | $18.29M | $20.29M | $38.52M | $24.60M | $27.26M | $22.76M | $36.45M | $26.59M | $26.98M | $27.57M |
| Current Assets | $92.67M | $98.47M | $129.82M | $205.24M | $212.50M | $224.27M | $247.95M | $260.21M | $128.87M | $88.19M |
| Total Assets | $171.62M | $171.42M | $204.66M | $280.17M | $286.17M | $300.53M | $326.47M | $342.62M | $203.90M | $198.09M |
| Current Liabilities | $52.51M | $56.81M | $87.75M | $59.59M | $61.46M | $67.07M | $82.81M | $94.24M | $120.38M | $71.54M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $86.27M | $86.47M | $118.44M | $90.01M | $90.46M | $98.99M | $116.69M | $134.25M | $157.71M | $147.23M |
| Stockholders' Equity | $85.35M | $84.95M | $86.22M | $190.16M | $195.71M | $201.54M | $209.78M | $208.37M | $46.19M | $50.86M |
| Retained Earnings | ($92.40M) | ($92.27M) | ($90.89M) | $15.64M | $21.73M | $26.05M | $33.52M | $33.80M | ($123.55M) | ($117.83M) |
Cash Flow
| Line item | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | $15.98M | - | - | - | $5.41M | - | - | - | $8.48M |
| Investing Cash Flow | - | ($1.02M) | - | - | - | ($1.65M) | - | - | - | ($969.0K) |
| Financing Cash Flow | - | ($4.51M) | - | - | - | ($1.10M) | - | - | - | ($7.02M) |
| CapEx | - | $1.03M | - | - | - | $1.66M | - | - | - | $969.0K |
| Free Cash Flow | - | $14.95M | - | - | - | $3.75M | - | - | - | $7.51M |
Ratios
| Metric | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 17.5% | 16.8% | - | 15.1% | 14.9% | 14.0% | - | 18.1% | 17.4% | 25.8% |
| Operating margin | -0.6% | -1.3% | - | -9.9% | -6.9% | -10.7% | - | -8.3% | -6.6% | -2.0% |
| EBITDA margin | - | 1.6% | - | - | - | -7.8% | - | - | - | 0.9% |
| Net margin | -0.2% | -2.1% | - | -9.3% | -6.7% | -11.2% | - | 256.5% | -11.7% | -3.1% |
| Free cash flow margin | - | 21.6% | - | - | - | 5.6% | - | - | - | 9.8% |
| FCF / Net income | - | -10.07 | - | - | - | -0.50 | - | - | - | -3.16 |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 18.1% | 18.1% | - | 25.0% | 21.8% | 24.7% | - | 26.3% | 24.0% | 27.8% |
| Effective tax rate | - | - | - | - | - | - | - | 0.7% | - | - |
| Return on assets | -0.1% | -0.9% | - | -2.2% | -1.5% | -2.5% | - | 45.9% | -3.7% | -1.2% |
| Return on equity | -0.1% | -1.7% | - | -3.2% | -2.2% | -3.7% | - | 75.5% | -16.5% | -4.7% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.76 | 1.73 | 1.48 | 3.44 | 3.46 | 3.34 | 2.99 | 2.76 | 1.07 | 1.23 |
| Quick ratio | 1.76 | 1.73 | 1.48 | 3.44 | 3.46 | 3.34 | 2.96 | 2.73 | 1.04 | 1.18 |
| Cash ratio | 0.74 | 0.70 | 0.34 | 2.36 | 2.41 | 2.31 | 1.84 | 2.06 | 0.10 | 0.15 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | -1190.5x | - | -30.7x | -13.0x | -4.1x |
| Equity multiplier | 2.01 | 2.02 | 2.37 | 1.47 | 1.46 | 1.49 | 1.56 | 1.64 | 4.41 | 3.89 |
| Liabilities / Assets | 0.50 | 0.50 | 0.58 | 0.32 | 0.32 | 0.33 | 0.36 | 0.39 | 0.77 | 0.74 |
| Efficiency | ||||||||||
| Asset turnover | 0.40 | 0.40 | - | 0.23 | 0.23 | 0.22 | - | 0.18 | 0.32 | 0.39 |
| Inventory turnover | - | - | - | - | - | - | - | 15.65 | 12.33 | 14.97 |
| Days sales outstanding | 241d | 260d | - | 283d | 280d | 305d | - | 316d | 275d | 279d |
| Days inventory outstanding | - | - | - | 0d | 0d | 0d | - | 23d | 30d | 24d |
| Days payable outstanding | 119d | 128d | - | 161d | 181d | 145d | - | 193d | 198d | 173d |
| Cash conversion cycle | - | - | - | 121d | 99d | 160d | - | 146d | 106d | 130d |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 5.1% | 4.2% | - | 6.8% | -1.0% | -13.3% | - | -20.4% | -20.8% | 0.0% |
| Revenue CAGR (3y) | -6.3% | -3.3% | - | -1.2% | -1.9% | -2.7% | - | -7.6% | -5.4% | -0.7% |
| Revenue CAGR (5y) | -2.5% | -2.5% | - | -3.3% | -3.7% | -3.3% | - | -5.2% | -3.3% | 0.4% |
| Gross profit growth (YoY) | 23.8% | 25.1% | - | -10.9% | -15.4% | -53.0% | - | -43.2% | -47.3% | -1.1% |
| Operating income growth (YoY) | 91.2% | 87.2% | - | -27.4% | -3.4% | -364.1% | - | -172.2% | - | - |
| Net income growth (YoY) | 97.0% | 80.1% | - | - | 43.3% | -213.7% | - | - | -672.0% | -930.3% |
| EPS growth (YoY) | 94.7% | 81.8% | - | - | 47.2% | -200.0% | - | - | -620.0% | -1000.0% |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | 298.9% | - | - | - | -50.1% | - | - | - | - |
| FCF CAGR (5y) | - | 24.1% | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -56.4% | -57.8% | -58.9% | -8.7% | 323.7% | 296.3% | 300.6% | 310.7% | -6.8% | 10.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Product / service
$277.30M totalService Fee Revenue$195.52M · 70.5%
Pass Through Revenue$64.17M · 23.1%
Product Revenue Net$17.61M · 6.4%
Geographic
$277.30M totalUS$226.10M · 81.5%
Europe$45.38M · 16.4%
CA$5.82M · 2.1%
Peer comparison
Same SIC group: Services-Business Services, NEC
Comparing PFSWEB INC against the 5 most active filers in the same SIC group.