SNPO · Snap One Holdings Corp. - 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 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $246.08M | - | $270.14M | $274.41M | $252.04M | - | $281.23M | $296.90M | $220.47M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $90.82M | - | $84.04M | $93.79M | $93.80M | - | $89.38M | $95.39M | $86.53M | - |
| Total Operating Expenses | $243.80M | - | $255.99M | $266.40M | $254.81M | - | $271.63M | $290.75M | $273.75M | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $2.28M | - | $14.16M | $8.00M | ($2.77M) | - | $9.61M | $6.15M | $2.52M | - |
| Interest Expense | $14.24M | - | $14.89M | $14.89M | $13.95M | - | $10.24M | $7.72M | $6.72M | - |
| Income Tax | $11.03M | - | ($348.0K) | ($4.77M) | ($3.00M) | - | ($238.0K) | ($163.0K) | ($361.0K) | - |
| Net Income | ($22.93M) | - | ($900.0K) | ($124.0K) | ($14.55M) | - | ($1.01M) | ($1.33M) | ($6.01M) | - |
| EPS - Basic | ($0.30) | - | ($0.01) | $0.00 | ($0.19) | - | ($0.01) | ($0.02) | ($0.10) | - |
| EPS - Diluted | ($0.30) | - | ($0.01) | $0.00 | ($0.19) | - | ($0.01) | ($0.02) | ($0.03) | - |
Balance Sheet
| Line item | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $41.25M | $61.02M | $40.03M | $33.85M | $34.45M | $21.12M | $35.54M | $31.32M | $25.05M | $40.58M |
| Accounts Receivable | $45.34M | $45.88M | $53.85M | $54.70M | $50.41M | $48.17M | $54.17M | $59.17M | $57.15M | $52.62M |
| Inventory | $249.24M | $268.79M | $275.47M | $292.53M | $313.56M | $314.59M | $296.62M | $274.70M | $241.47M | $210.96M |
| Accounts Payable | $59.20M | $67.30M | $66.60M | $62.75M | $66.70M | $77.44M | $82.12M | $84.97M | $72.94M | $72.78M |
| Current Assets | $361.55M | $399.44M | $392.41M | $406.30M | $425.24M | $412.72M | $420.22M | $396.80M | $358.25M | $339.27M |
| Total Assets | $1.55B | $1.60B | $1.61B | $1.63B | $1.66B | $1.65B | $1.66B | $1.63B | $1.61B | $1.54B |
| Current Liabilities | $146.05M | $166.39M | $170.25M | $166.39M | $169.32M | $167.88M | $190.77M | $183.93M | $168.80M | $151.79M |
| Long-term Debt | - | - | - | $522.41M | $496.05M | $496.80M | $446.93M | $447.70M | $449.64M | $449.26M |
| Total Liabilities | $811.25M | $843.07M | $851.48M | $878.15M | $907.97M | $895.35M | $908.89M | $876.58M | $860.87M | $792.11M |
| Stockholders' Equity | $738.57M | $759.86M | $757.75M | $756.26M | $749.38M | $757.17M | $753.96M | $753.67M | $751.38M | $748.01M |
| Retained Earnings | ($132.35M) | ($109.41M) | ($103.62M) | ($102.72M) | ($102.59M) | ($88.05M) | ($83.99M) | ($82.98M) | ($81.66M) | ($79.42M) |
Cash Flow
| Line item | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $5.97M | - | - | - | ($2.63M) | - | - | - | ($23.87M) | - |
| Investing Cash Flow | ($2.08M) | - | - | - | ($9.13M) | - | - | - | ($2.48M) | - |
| Financing Cash Flow | ($24.36M) | - | - | - | $24.94M | - | - | - | ($2.15M) | - |
| CapEx | $2.08M | - | - | - | $9.16M | - | - | - | $2.05M | - |
| Free Cash Flow | $3.89M | - | - | - | ($11.79M) | - | - | - | ($25.92M) | - |
Ratios
| Metric | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 0.9% | - | 5.2% | 2.9% | -1.1% | - | 3.4% | 2.1% | 1.1% | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | -9.3% | - | -0.3% | -0.0% | -5.8% | - | -0.4% | -0.4% | -2.7% | - |
| Free cash flow margin | 1.6% | - | - | - | -4.7% | - | - | - | -11.8% | - |
| FCF / Net income | -0.17 | - | - | - | 0.81 | - | - | - | 4.31 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 36.9% | - | 31.1% | 34.2% | 37.2% | - | 31.8% | 32.1% | 39.2% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -1.5% | - | -0.1% | -0.0% | -0.9% | - | -0.1% | -0.1% | -0.4% | - |
| Return on equity | -3.1% | - | -0.1% | -0.0% | -1.9% | - | -0.1% | -0.2% | -0.8% | - |
| Return on invested capital | - | - | - | 0.5% | -0.2% | - | 0.6% | 0.4% | 0.2% | - |
| Liquidity | ||||||||||
| Current ratio | 2.48 | 2.40 | 2.30 | 2.44 | 2.51 | 2.46 | 2.20 | 2.16 | 2.12 | 2.24 |
| Quick ratio | 0.77 | 0.79 | 0.69 | 0.68 | 0.66 | 0.58 | 0.65 | 0.66 | 0.69 | 0.85 |
| Cash ratio | 0.28 | 0.37 | 0.24 | 0.20 | 0.20 | 0.13 | 0.19 | 0.17 | 0.15 | 0.27 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | 0.69 | 0.66 | 0.66 | 0.59 | 0.59 | 0.60 | 0.60 |
| Debt / Assets | - | - | - | 0.32 | 0.30 | 0.30 | 0.27 | 0.27 | 0.28 | 0.29 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 0.2x | - | 1.0x | 0.5x | -0.2x | - | 0.9x | 0.8x | 0.4x | - |
| Equity multiplier | 2.10 | 2.11 | 2.12 | 2.16 | 2.21 | 2.18 | 2.21 | 2.16 | 2.15 | 2.06 |
| Liabilities / Assets | 0.52 | 0.53 | 0.53 | 0.54 | 0.55 | 0.54 | 0.55 | 0.54 | 0.53 | 0.51 |
| Efficiency | ||||||||||
| Asset turnover | 0.16 | - | 0.17 | 0.17 | 0.15 | - | 0.17 | 0.18 | 0.14 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 67d | - | 73d | 73d | 73d | - | 70d | 73d | 95d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -2.4% | - | -3.9% | -7.6% | 14.3% | - | 7.9% | 17.2% | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | 47.3% | 30.1% | - | - | -18.7% | 16.5% | - | - |
| Net income growth (YoY) | -57.6% | - | 10.9% | 90.7% | -141.9% | - | - | -27.1% | - | - |
| EPS growth (YoY) | -57.9% | - | 0.0% | - | -533.3% | - | - | 60.0% | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | 54.5% | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -1.4% | 0.4% | 0.5% | 0.3% | -0.3% | 1.2% | 0.4% | 21.1% | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2023-12-29.
Product / service
$1.06B totalProprietary Products$699.21M · 65.9%
Third Party Products$361.76M · 34.1%
Geographic
$1.06B totalUnited States Integrators$904.79M · 85.3%
Non Us$135.67M · 12.8%
United States Non Integrators$20.52M · 1.9%
Peer comparison
Same SIC group: Electronic Components & Accessories
Comparing Snap One Holdings Corp. against the 5 most active filers in the same SIC group.