Filed for bankruptcy in Mar 2024
POL - Polished.com Inc.
NYSE
->
Consumer Cyclical
->
Specialty Retail
Brooklyn,
United States
Type: Equity
POL price evolution
POL
| (in millions $) | 30 Sep 2023 | 30 Jun 2023 | 1 May 2023 | 31 Dec 2022 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $15.2 | $13.66 | $20.5 | |
| Short term investments | ||||
| Net receivables | $19.86 | $22.09 | $26.65 | |
| Inventory | $30.09 | $39.45 | $41.77 | |
| Total current assets | $107.51 | $115.79 | $125.15 | |
| Long term investments | $3.75 | $3.18 | ||
| Property, plant & equipment | $12.45 | $14.69 | $16.76 | |
| Goodwill & intangible assets | $114.21 | $114.96 | $116.47 | |
| Total noncurrent assets | $131.3 | $133.75 | $136.76 | |
| Total investments | $3.75 | $3.18 | ||
| Total assets | $238.82 | $249.55 | $261.91 | |
| Current liabilities | ||||
| Accounts payable | $76.52 | $78.18 | $81.54 | |
| Deferred revenue | ||||
| Short long term debt | $9.91 | $10.71 | $10.47 | |
| Total current liabilities | $90.97 | $92.92 | $99.3 | |
| Long term debt | $93.22 | $95.34 | $100.05 | |
| Total noncurrent liabilities | $93.48 | $95.63 | $100.05 | |
| Total debt | $103.14 | $106.05 | $110.52 | |
| Total liabilities | $184.45 | $188.55 | $199.35 | |
| Shareholders' equity | ||||
| Retained earnings | -$168.66 | -$162.03 | -$160.27 | |
| Other shareholder equity | ||||
| Total shareholder equity | $54.37 | $61 | $62.56 | |
| (in millions $) | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 | 30 Dec 2019 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $20.5 | $33.79 | $9.91 | $864.7 |
| Short term investments | ||||
| Net receivables | $26.65 | $24.59 | $2 | $330 |
| Inventory | $41.77 | $44.75 | $5.15 | $260.9 |
| Total current assets | $125.15 | $121.32 | $18.24 | $1513.3 |
| Long term investments | $3.18 | |||
| Property, plant & equipment | $16.76 | $18.49 | $1.82 | $471.2 |
| Goodwill & intangible assets | $116.47 | $235.83 | $6.11 | |
| Total noncurrent assets | $136.76 | $254.67 | $7.98 | |
| Total investments | $3.18 | |||
| Total assets | $261.91 | $375.98 | $26.22 | $3273.3 |
| Current liabilities | ||||
| Accounts payable | $81.54 | $72.59 | $12.7 | $287.7 |
| Deferred revenue | ||||
| Short long term debt | $10.47 | $12.05 | $1.11 | $18.4 |
| Total current liabilities | $99.3 | $105.34 | $35.69 | $702.5 |
| Long term debt | $100.05 | $61.17 | $3.84 | $1216 |
| Total noncurrent liabilities | $100.05 | $65.04 | $3.84 | |
| Total debt | $110.52 | $73.22 | $4.95 | |
| Total liabilities | $199.35 | $170.38 | $39.53 | $2220.6 |
| Shareholders' equity | ||||
| Retained earnings | -$160.27 | -$19.06 | -$26.73 | $1001.2 |
| Other shareholder equity | -$82.6 | |||
| Total shareholder equity | $62.56 | $205.6 | -$13.32 | $1051.9 |
| (in millions $) | 30 Sep 2023 | 30 Jun 2023 | 1 May 2023 | 31 Jan 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $77.82 | $87.76 | $95.44 | $534.47 |
| Cost of revenue | $62.51 | $68.18 | ||
| Gross Profit | $15.3 | $19.58 | $21.15 | $89.52 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $11.81 | $9.4 | ||
| Total operating expenses | $21.3 | $19.49 | $21.03 | $108.72 |
| Operating income | -$6 | $0.09 | ||
| Income from continuing operations | ||||
| EBIT | -$4.92 | $2.38 | ||
| Income tax expense | -$0.17 | $0.33 | $0.1 | -$8.41 |
| Interest expense | $1.89 | $1.05 | -$2.85 | -$0.24 |
| Net income | ||||
| Net income | -$6.63 | $1 | -$2.76 | -$125.97 |
| Income (for common shares) | -$6.63 | $1 | ||
| (in millions $) | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 | 30 Dec 2019 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $534.47 | $362.31 | $55.13 | $2862.7 |
| Cost of revenue | $444.96 | $282.65 | $47.88 | $2199.8 |
| Gross Profit | $89.52 | $79.66 | $7.26 | $662.9 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $49.69 | $27.3 | $12.77 | $440.6 |
| Total operating expenses | $217.86 | $71.34 | $21.69 | $2640.4 |
| Operating income | -$128.34 | $8.32 | -$14.43 | $222.3 |
| Income from continuing operations | ||||
| EBIT | -$130.43 | $6.5 | -$20 | $222.3 |
| Income tax expense | -$8.41 | -$4.38 | $0.7 | $33.7 |
| Interest expense | $3.94 | $3.2 | $0.87 | -$67.7 |
| Net income | ||||
| Net income | -$125.97 | $7.67 | -$21.57 | $588.6 |
| Income (for common shares) | -$125.97 | $7.67 | -$21.57 | $588.6 |
| (in millions $) | 30 Sep 2023 | 30 Jun 2023 | 31 Jan 2023 | 30 Jul 2022 |
|---|---|---|---|---|
| Net income | -$6.63 | $1 | ||
| Operating activities | ||||
| Depreciation | $1.91 | |||
| Business acquisitions & disposals | ||||
| Stock-based compensation | $0 | |||
| Total cash flows from operations | $3.54 | |||
| Investing activities | ||||
| Capital expenditures | -$0.01 | |||
| Investments | ||||
| Total cash flows from investing | -$0.01 | -$1.42 | -$0.26 | |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | ||||
| Net borrowings | -$1.99 | |||
| Total cash flows from financing | -$1.99 | $34.81 | -$5.27 | |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $1.54 | -$13.29 | -$27.72 | |
| (in millions $) | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 | 30 Dec 2019 |
|---|---|---|---|---|
| Net income | -$125.97 | $7.67 | -$21.57 | $588.6 |
| Operating activities | ||||
| Depreciation | $14.71 | $8.2 | $0.97 | $78.1 |
| Business acquisitions & disposals | -$202.94 | |||
| Stock-based compensation | $0.18 | $0.88 | $0.4 | |
| Total cash flows from operations | -$46.68 | -$18.33 | $5.41 | $300.8 |
| Investing activities | ||||
| Capital expenditures | -$1.42 | -$1.9 | -$0.11 | -$81.7 |
| Investments | ||||
| Total cash flows from investing | -$1.42 | -$204.83 | -$0.11 | $611.9 |
| Financing activities | ||||
| Dividends paid | -$60.3 | |||
| Sale and purchase of stock | -$2 | $196.77 | $8.6 | |
| Net borrowings | $36.81 | $50.27 | -$4.35 | -$128.8 |
| Total cash flows from financing | $34.81 | $247.04 | $4.14 | -$218.3 |
| Effect of exchange rate | -$0.6 | |||
| Change in cash and equivalents | -$13.29 | $23.88 | $9.44 | $693.8 |
News
Fundamentals
| Market cap | N/A |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 2.11M |
| Revenue | $795.49M |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | -$134.36M |
| Revenue Q/Q | N/A |
| Revenue Y/Y | N/A |
| P/E ratio | 0.00 |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | N/A |
| P/B ratio | 0.00 |
| Book/Share | 25.77 |
| Cash/Share | 7.21 |
| EPS | -$63.69 |
|---|---|
| ROA | N/A |
| ROE | N/A |
| Debt/Equity | 3.19 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 1.18 |
| Quick ratio | 0.85 |