Purple Innovation Inc - Class A logo

PRPL

Purple Innovation Inc - Class A

$3.52

Earnings Summary

Revenue
$143.18Mn
Net Profits
$-13.5Mn
Net Profit Margins
-9.43%

Highlights

Revenue:

Purple Innovation Inc - Class A’s revenue fell -23.2% since last year same period to $143.18Mn in the Q1 2022. On a quarterly growth basis, Purple Innovation Inc - Class A has generated -23.2% fall in its revenue since last 3-months.

Net Profits:

Purple Innovation Inc - Class A’s net profit fell -164.84% since last year same period to $-13.5Mn in the Q1 2022. On a quarterly growth basis, Purple Innovation Inc - Class A has generated 37.32% jump in its net profits since last 3-months.

Net Profit Margins:

Purple Innovation Inc - Class A’s net profit margin fell -184.42% since last year same period to -9.43% in the Q1 2022. On a quarterly growth basis, Purple Innovation Inc - Class A has generated 18.39% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Purple Innovation Inc - Class A post its latest quarter earnings

EPS Estimate Current Quarter
-0.06
EPS Estimate Current Year
-0.06

Highlights

EPS Estimate Current Quarter:

Purple Innovation Inc - Class A’s earning per share (EPS) estimates for the current quarter stand at -0.06 - a 82.86% jump from last quarter’s estimates.

EPS Estimate Current Year:

Purple Innovation Inc - Class A’s earning per share (EPS) estimates for the current year stand at -0.06.

Key Ratios

Key ratios of the Purple Innovation Inc - Class A post its Q1 2022 earnings

Earning Per Share (EPS)
-0.24
Return on Assets (ROA)
-0.07
Return on Equity (ROE)
-0.22
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Purple Innovation Inc - Class A’s earning per share (EPS) fell -241.18% since last year same period to -0.24 in the Q1 2022. This indicates that the Purple Innovation Inc - Class A has generated -241.18% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Purple Innovation Inc - Class A’s return on assets (ROA) stands at -0.07.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Purple Innovation Inc - Class A’s return on equity (ROE) stands at -0.22.

Dividend Per Share (DPS):

Purple Innovation Inc - Class A declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-10
-0.35
-0.24
31.43%

Company Information

Purple is a digitally-native vertical brand with a mission to help people feel and live better through innovative comfort solutions. Purple designs and manufactures a variety of innovative, premium, branded comfort products, including mattresses, pillows, cushions, frames, sheets and more. Its products are the result of over 25 years of innovation and investment in proprietary and patented comfort technologies and the development of its own manufacturing processes. Its proprietary gel technology, Hyper-Elastic Polymer®, underpins many of Its comfort products and provides a range of benefits that differentiate its offerings from other competitors' products. Purple markets and sells its products through its direct-to-consumer online channels, traditional retail partners, third-party online retailers and its owned retail showrooms.

Organisation
Purple Innovation Inc - Class A
Employees
1.6K
Industry
Miscellaneous