The Lovesac Company
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. The Lovesac Company's past years’ income statements indicate that its last revenue has increased compared to the previous period by 7% to $700,265,000. Profit margin reached 3%. Total operating expenses were $358,364,000.
Profit Margin
| 2016 | 74.14M | -8.99M | -12.13% |
|---|---|---|---|
| 2017 | 76.34M | -6.87M | -9% |
| 2018 | 101.81M | -5.50M | -5.4% |
| 2019 | 165.88M | -6.70M | -4.04% |
| 2020 | 233.37M | -15.20M | -6.52% |
| 2021 | 320.73M | 14.72M | 4.59% |
| 2022 | 498.23M | 47.48M | 9.53% |
| 2023 | 651.54M | 26.48M | 4.07% |
| 2024 | 700.26M | 23.86M | 3.41% |
LOVE Income Statement (2016 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||
Revenue | 700.26M | 651.54M | 498.23M | 320.73M | 233.37M | 165.88M | 101.81M | 76.34M | 74.14M |
Cost of revenue | 311.82M | 305.71M | 224.89M | 145.96M | 116.68M | 75.00M | 44.59M | 34.64M | 33.63M |
Gross profit | 388.44M | 345.82M | 273.34M | 174.77M | 116.69M | 90.88M | 57.21M | 41.69M | 40.51M |
Operating exp. | |||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 94.05M | 79.86M | 65.07M | 41.92M | 29.19M | 18.36M | 0 | 2.23M | 0 |
Total operating expenses | 358.36M | 306.80M | 234.90M | 159.89M | 132.49M | 97.92M | 62.25M | 47.86M | 47.17M |
Operating income | 30.07M | 39.01M | 38.44M | 14.88M | -15.80M | -7.04M | -5.03M | -6.17M | -6.66M |
Other income (expenses), net | 1.74M | -117K | -179K | -67.38K | 647K | 355.36K | -437.96K | -565.55K | -643.49K |
Income before tax | 31.82M | 38.9M | 38.26M | 14.81M | -15.16M | -6.68M | -5.47M | -6.73M | -8.99M |
Income tax expense | 7.96M | 10.65M | -7.63M | 85.68K | 43.31K | 16.40K | 26K | 138K | 1.60M |
Net income | 23.86M | 26.48M | 47.48M | 14.72M | -15.20M | -6.70M | -5.50M | -6.87M | -8.99M |
Earnings per share | |||||||||
Basic EPS | 1.55 | 1.74 | 3.14 | 1.01 | -1.07 | -0.64 | -0.43 | -0.53 | -0.7 |
Diluted EPS | 1.45 | 1.66 | 2.96 | 0.96 | -1.07 | -0.64 | -0.43 | -0.53 | -0.7 |
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