WBEV · Winc, 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 |
|---|---|---|---|---|---|
| Revenue | $15.81M | $17.65M | $18.46M | - | $17.85M |
| Cost of Revenue | $10.04M | $10.33M | $11.01M | - | $10.30M |
| Gross Profit | $5.77M | $7.68M | $7.84M | - | $7.55M |
| R&D | - | - | - | - | - |
| SG&A | $4.25M | $4.85M | $2.15M | - | $2.99M |
| Total Operating Expenses | $10.02M | $10.39M | $8.75M | - | $14.02M |
| D&A | $100.0K | $100.0K | $270.0K | - | $200.0K |
| Operating Income | ($4.25M) | ($3.07M) | ($4.47M) | - | ($1.14M) |
| Interest Expense | $244.0K | $281.0K | $23.0K | - | $145.0K |
| Income Tax | $4.0K | $18.0K | $16.0K | - | $1.0K |
| Net Income | ($4.17M) | ($3.93M) | $593.0K | - | ($5.73M) |
| EPS - Basic | ($0.33) | ($2.06) | ($0.32) | - | - |
| EPS - Diluted | ($0.33) | ($2.06) | ($0.32) | - | - |
Balance Sheet
| Line item | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 |
|---|---|---|---|---|---|
| Cash & Equivalents | $2.76M | $4.91M | $14.95M | $4.88M | $1.61M |
| Accounts Receivable | $3.31M | $4.41M | $3.76M | $2.58M | $1.50M |
| Inventory | $25.73M | $26.44M | $23.15M | $23.89M | $22.37M |
| Accounts Payable | $4.38M | $3.57M | $4.54M | $4.04M | $5.48M |
| Current Assets | $34.65M | $41.13M | $37.72M | $38.23M | $31.33M |
| Total Assets | $50.32M | $57.67M | $54.70M | $50.39M | $24.22M |
| Current Liabilities | $32.76M | $34.65M | $28.12M | $23.85M | $29.32M |
| Long-term Debt | - | - | - | $0 | $812.0K |
| Total Liabilities | $36.75M | $40.45M | $34.34M | $26.91M | $36.61M |
| Stockholders' Equity | $13.57M | $17.22M | $20.35M | $23.48M | ($54.85M) |
| Retained Earnings | ($84.12M) | ($79.94M) | ($75.96M) | ($71.72M) | ($57.07M) |
Cash Flow
| Line item | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | - | ($5.01M) | - | - |
| Investing Cash Flow | - | - | ($112.0K) | - | - |
| Financing Cash Flow | - | - | $13.06M | - | - |
| CapEx | - | - | $302.0K | - | - |
| Free Cash Flow | - | - | ($5.31M) | - | - |
Ratios
| Metric | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 |
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 36.5% | 43.5% | 42.5% | - | 42.3% |
| Operating margin | -26.9% | -17.4% | -24.2% | - | -6.4% |
| EBITDA margin | -26.3% | -16.8% | -22.8% | - | -5.3% |
| Net margin | -26.4% | -22.3% | 3.2% | - | -32.1% |
| Free cash flow margin | - | - | -28.8% | - | - |
| FCF / Net income | - | - | -8.96 | - | - |
| R&D / Revenue | - | - | - | - | - |
| SG&A / Revenue | 26.9% | 27.5% | 11.7% | - | 16.7% |
| Effective tax rate | - | - | 2.6% | - | - |
| Return on assets | -8.3% | -6.8% | 1.1% | - | -23.7% |
| Return on equity | -30.8% | -22.8% | 2.9% | - | 10.5% |
| Return on invested capital | - | - | - | - | - |
| Liquidity | |||||
| Current ratio | 1.06 | 1.19 | 1.34 | 1.60 | 1.07 |
| Quick ratio | 0.27 | 0.42 | 0.52 | 0.60 | 0.31 |
| Cash ratio | 0.08 | 0.14 | 0.53 | 0.20 | 0.05 |
| Leverage | |||||
| Debt / Equity | - | - | - | 0.00 | -0.01 |
| Debt / Assets | - | - | - | 0.00 | 0.03 |
| Debt / EBITDA | - | - | - | - | - |
| Interest coverage | -17.4x | -10.9x | -194.4x | - | -7.9x |
| Equity multiplier | 3.71 | 3.35 | 2.69 | 2.15 | -0.44 |
| Liabilities / Assets | 0.73 | 0.70 | 0.63 | 0.53 | 1.51 |
| Efficiency | |||||
| Asset turnover | 0.31 | 0.31 | 0.34 | - | 0.74 |
| Inventory turnover | 0.39 | 0.39 | 0.48 | - | 0.46 |
| Days sales outstanding | 76d | 91d | 74d | - | 31d |
| Days inventory outstanding | 936d | 935d | 767d | - | 793d |
| Days payable outstanding | 159d | 126d | 150d | - | 194d |
| Cash conversion cycle | 853d | 900d | 691d | - | 629d |
| Valuation | |||||
| P / E | - | - | - | - | - |
| P / B | - | - | - | - | - |
| P / S | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - |
| Growth | |||||
| Revenue growth (YoY) | -11.4% | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - |
| Gross profit growth (YoY) | -23.5% | - | - | - | - |
| Operating income growth (YoY) | -271.8% | - | - | - | - |
| Net income growth (YoY) | 27.2% | - | - | - | - |
| 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
$72.07M totalDirect To Consumer DTC$53.93M · 74.8%
Wholesale$17.04M · 23.6%
All Other Segments$1.10M · 1.5%
Peer comparison
Same SIC group: Retail-Miscellaneous Retail
Comparing Winc against the 5 most active filers in the same SIC group.