The Lovesac Company (LOVE)

The Lovesac Company Income Statement

Financials in millions USD. Fiscal year is March - February.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb 2, 2025	Feb 4, 2024	Jan 29, 2023	Jan 30, 2022	Jan 31, 2021
Revenue	680.63	700.27	651.18	498.24	320.74
Revenue Growth (YoY)	-2.80%	7.54%	30.70%	55.34%	37.43%
Cost of Revenue	282.79	299.22	307.53	225.31	145.97
Gross Profit	397.84	401.04	343.65	272.93	174.77
Selling, General & Admin	369.48	358.36	295.84	224.54	153.03
Operating Expenses	384.19	370.97	306.69	232.4	159.65
Operating Income	13.65	30.08	36.97	40.53	15.13
Interest Expense	-	-	-0.12	-0.18	-0.07
Interest & Investment Income	2.8	1.75	-	-	-
EBT Excluding Unusual Items	16.45	31.82	36.85	40.35	15.06
Asset Writedown	-	-	-	-0.55	-0.25
Other Unusual Items	-	-	-	-0.6	-
Pretax Income	16.45	31.82	36.85	40.4	14.81
Income Tax Expense	4.89	7.96	10.36	-7.09	0.09
Net Income	11.56	23.86	26.49	47.49	14.73
Net Income to Common	11.56	23.86	26.49	47.49	14.73
Net Income Growth	-51.57%	-9.92%	-44.22%	222.45%	-
Shares Outstanding (Basic)	16	15	15	15	15
Shares Outstanding (Diluted)	17	16	16	16	15
Shares Change (YoY)	2.01%	3.16%	-0.64%	4.73%	7.52%
EPS (Basic)	0.75	1.55	1.74	3.14	1.01
EPS (Diluted)	0.69	1.45	1.66	2.96	0.96
EPS Growth	-52.41%	-12.65%	-43.92%	208.33%	-
Free Cash Flow	17.95	47.71	-46.62	18.03	32.15
Free Cash Flow Per Share	1.07	2.90	-2.92	1.12	2.10
Gross Margin	58.45%	57.27%	52.77%	54.78%	54.49%
Operating Margin	2.00%	4.29%	5.68%	8.13%	4.72%
Profit Margin	1.70%	3.41%	4.07%	9.53%	4.59%
Free Cash Flow Margin	2.64%	6.81%	-7.16%	3.62%	10.02%
EBITDA	28.36	42.68	47.81	48.39	21.74
EBITDA Margin	4.17%	6.09%	7.34%	9.71%	6.78%
D&A For EBITDA	14.71	12.6	10.84	7.86	6.61
EBIT	13.65	30.08	36.97	40.53	15.13
EBIT Margin	2.00%	4.29%	5.68%	8.13%	4.72%
Effective Tax Rate	29.75%	25.02%	28.12%	-	0.58%
Advertising Expenses	88.03	94.05	79.86	65.08	41.93

Updated Apr 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q