TTCF · Tattooed Chef, 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 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $67.69M | - | $57.98M | $58.11M | $72.06M | - | $40.96M | $34.76M | $33.17M | - |
| Cost of Revenue | $63.24M | - | $58.01M | $57.37M | $63.91M | - | $36.73M | $42.75M | $23.93M | - |
| Gross Profit | ($4.15M) | - | ($3.90M) | $740.0K | $8.15M | - | $4.23M | $7.97M | $9.24M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | $14.71M | - | $31.57M | $24.35M | $24.79M | - | $13.60M | $2.07M | $2.39M | - |
| D&A | $2.20M | - | $1.10M | - | $1.51M | - | - | $230.0K | $193.0K | - |
| Operating Income | ($18.85M) | - | ($35.47M) | ($23.61M) | ($16.64M) | - | ($7.66M) | ($7.93M) | ($7.02M) | - |
| Interest Expense | $457.0K | - | $230.0K | $42.0K | $41.0K | - | $45.0K | $157.0K | $224.0K | - |
| Income Tax | $134.0K | - | ($11.0K) | $455.0K | $256.0K | - | ($255.0K) | $45.98M | ($1.48M) | - |
| Net Income | ($19.09M) | - | ($38.50M) | ($26.44M) | ($17.55M) | - | ($8.17M) | ($53.20M) | ($8.15M) | - |
| EPS - Basic | ($0.23) | - | ($0.46) | ($0.32) | ($0.21) | - | ($0.10) | ($0.65) | $0.17 | - |
| EPS - Diluted | ($0.23) | - | ($0.46) | ($0.32) | ($0.22) | - | ($0.10) | ($0.65) | $0.17 | - |
Balance Sheet
| Line item | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $3.51M | $5.78M | $14.22M | $27.73M | $57.42M | $92.35M | $129.48M | $140.18M | $185.16M | $131.58M |
| Accounts Receivable | $25.13M | $20.98M | $24.04M | $32.32M | $46.32M | $25.12M | $24.47M | $23.02M | $31.80M | $17.99M |
| Inventory | $59.36M | $77.96M | $76.82M | $62.62M | $58.34M | $54.56M | $45.27M | $50.82M | $38.70M | $38.66M |
| Accounts Payable | $50.73M | $57.23M | $46.31M | $30.58M | $36.53M | $28.33M | $23.64M | $29.27M | $31.25M | $25.39M |
| Current Assets | $93.05M | $109.07M | $122.25M | $133.49M | $165.78M | $179.06M | $207.47M | $222.61M | $267.40M | $206.47M |
| Total Assets | $190.30M | $208.77M | $244.69M | $240.85M | $261.54M | $267.20M | $268.40M | $283.35M | $332.90M | $266.68M |
| Current Liabilities | $93.56M | $93.37M | $85.86M | $49.21M | $53.52M | $41.77M | $38.44M | $44.07M | $41.77M | $30.35M |
| Long-term Debt | $11.06M | $11.18M | $716.0K | - | $124.0K | - | - | - | - | - |
| Total Liabilities | $119.69M | $120.17M | $103.28M | $65.69M | $60.93M | $49.90M | $42.41M | $49.01M | $45.55M | $32.34M |
| Stockholders' Equity | $70.23M | $88.34M | $141.41M | $175.16M | $200.61M | $217.30M | $225.99M | $234.34M | $287.36M | $234.34M |
| Retained Earnings | ($183.27M) | ($164.18M) | ($109.18M) | ($68.10M) | ($41.66M) | ($24.11M) | ($6.33M) | $3.07M | $56.27M | $63.54M |
Cash Flow
| Line item | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($5.71M) | - | - | - | ($26.39M) | - | - | - | ($17.57M) | - |
| Investing Cash Flow | ($459.0K) | - | - | - | ($8.81M) | - | - | - | ($2.85M) | - |
| Financing Cash Flow | $3.86M | - | - | - | $300.0K | - | - | - | $73.50M | - |
| CapEx | $459.0K | - | - | - | $8.81M | - | - | - | $1.69M | - |
| Free Cash Flow | ($6.16M) | - | - | - | ($35.20M) | - | - | - | ($19.26M) | - |
Ratios
| Metric | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | -6.1% | - | -6.7% | 1.3% | 11.3% | - | 10.3% | 22.9% | 27.9% | - |
| Operating margin | -27.9% | - | -61.2% | -40.6% | -23.1% | - | -18.7% | -22.8% | -21.2% | - |
| EBITDA margin | -24.6% | - | -59.3% | - | -21.0% | - | - | -22.2% | -20.6% | - |
| Net margin | -28.2% | - | -66.4% | -45.5% | -24.4% | - | -20.0% | -153.0% | -24.6% | - |
| Free cash flow margin | -9.1% | - | - | - | -48.8% | - | - | - | -58.1% | - |
| FCF / Net income | 0.32 | - | - | - | 2.01 | - | - | - | 2.36 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -10.0% | - | -15.7% | -11.0% | -6.7% | - | -3.0% | -18.8% | -2.4% | - |
| Return on equity | -27.2% | - | -27.2% | -15.1% | -8.7% | - | -3.6% | -22.7% | -2.8% | - |
| Return on invested capital | -18.3% | - | -19.7% | - | -6.5% | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.99 | 1.17 | 1.42 | 2.71 | 3.10 | 4.29 | 5.40 | 5.05 | 6.40 | 6.80 |
| Quick ratio | 0.36 | 0.33 | 0.53 | 1.44 | 2.01 | 2.98 | 4.22 | 3.90 | 5.48 | 5.53 |
| Cash ratio | 0.04 | 0.06 | 0.17 | 0.56 | 1.07 | 2.21 | 3.37 | 3.18 | 4.43 | 4.34 |
| Leverage | ||||||||||
| Debt / Equity | 0.16 | 0.13 | 0.01 | - | 0.00 | - | - | - | - | - |
| Debt / Assets | 0.06 | 0.05 | 0.00 | - | 0.00 | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -41.3x | - | -154.2x | -562.0x | -405.9x | - | -170.2x | -50.5x | -31.3x | - |
| Equity multiplier | 2.71 | 2.36 | 1.73 | 1.38 | 1.30 | 1.23 | 1.19 | 1.21 | 1.16 | 1.14 |
| Liabilities / Assets | 0.63 | 0.58 | 0.42 | 0.27 | 0.23 | 0.19 | 0.16 | 0.17 | 0.14 | 0.12 |
| Efficiency | ||||||||||
| Asset turnover | 0.36 | - | 0.24 | 0.24 | 0.28 | - | 0.15 | 0.12 | 0.10 | - |
| Inventory turnover | 1.07 | - | 0.76 | 0.92 | 1.10 | - | 0.81 | 0.84 | 0.62 | - |
| Days sales outstanding | 135d | - | 151d | 203d | 235d | - | 218d | 242d | 350d | - |
| Days inventory outstanding | 343d | - | 483d | 398d | 333d | - | 450d | 434d | 590d | - |
| Days payable outstanding | 293d | - | 291d | 195d | 209d | - | 235d | 250d | 477d | - |
| Cash conversion cycle | 185d | - | 343d | 407d | 359d | - | 433d | 426d | 464d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -6.1% | - | 41.5% | 67.2% | 117.3% | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | -90.7% | -11.8% | - | - | - | - | - |
| Operating income growth (YoY) | -13.3% | - | -363.0% | -197.5% | -137.1% | - | 4.5% | -1367.9% | -858.2% | - |
| Net income growth (YoY) | -8.7% | - | -371.0% | 50.3% | -115.3% | - | -3.2% | -10719.3% | -12860.0% | - |
| EPS growth (YoY) | -4.5% | - | -360.0% | 50.8% | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 82.5% | - | - | - | -82.8% | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -65.0% | -59.3% | -37.4% | -25.3% | -30.2% | -7.3% | 4419.8% | 4586.8% | 5647.1% | 4586.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2022-12-31.
Product / service
$230.93M totalTattooed Chef$117.90M · 51.1%
Private Label$100.04M · 43.3%
Other Revenues$12.99M · 5.6%
Peer comparison
Same SIC group: Miscellaneous Food Preparations & Kindred Products
Comparing Tattooed Chef against the 5 most active filers in the same SIC group.