Lulu's Fashion Lounge Holdings, Inc.

Annual Trend FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent ($19.3m) ($19.3m) ($55.3m) ($13.7m)
Net Income (Loss) Available to Common Stockholders, Basic ($19.8m) ($19.3m)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest ($19.3m) ($19.3m) ($55.3m) ($13.7m)
Depreciation, Depletion and Amortization $3.2m $2.8m $4.8m $5.5m $5.1m
Amortization of Debt Issuance Costs and Discounts $2.5m $2.3m $156k $159k $544k
Amortization of Intangible Assets $1.7m $1.9m $2.1m $1.9m
Depreciation $1.5m $2.8m $2.9m $3.4m $3.2m
Deferred Income Tax Expense (Benefit) ($14k) ($2.5m) $3.8m
Share-based Payment Arrangement, Noncash Expense $9.1m $17.7m $8.1m $4.5m
Payment, Tax Withholding, Share-based Payment Arrangement $1.6m $1.2m $240k
Goodwill, Impairment Loss $0 $0 $28.4m $0
Impairment of Intangible Assets (Excluding Goodwill) $0 $0 $0 $0
Gain (Loss) on Disposition of Assets $25k ($19k) ($276k)
Gain (Loss) on Disposition of Property Plant Equipment ($25k) $9k $18k $276k ($2k)
Income Tax Expense (Benefit) ($1.3m) ($1.7m) $2.3m $188k
Interest Expense Nonoperating $1.3m $2.5m
Other Nonoperating Income (Expense) ($15.9m)
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable ($123k) ($366k) ($1.4m) ($446k)
Increase (Decrease) in Inventories ($9.2m) ($7.7m) ($1.4m) ($1.6m)
Increase (Decrease) in Accounts Payable ($3.7m) $3.6m $2.1m ($2.7m)
Accrued capital expenditures $700k $1.9m $1.3m $350k
Gain (Loss) on Termination of Lease $229k
General and Administrative Expense $67.2m $92.1m $81.3m $68.1m
Goodwill $35.4m $35.4m $7.1m $7.1m
Proceeds from Issuance of Redeemable Preferred Stock $7.3m $487k $239k $69k
Operating Cash Flow $4.9m $6.2m $15.4m $2.6m $1.4m
Cash Flow From Continuing Operating Activities $4.9m $6.2m $15.4m $2.6m $1.4m
Net Cash Provided by (Used in) Operating Activities $4.9m $26.9m $15.4m $2.6m $1.4m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $700k $1.4m $1.9m $1.3m $350k
Payments for (Proceeds from) Other Investing Activities ($60k) $68k ($35k)
Net Cash Provided by (Used in) Investing Activities ($1.9m) ($3.4m) ($4.0m) ($2.9m) ($2.1m)
Cash flows from financing activities:
Repayments of Long-term Debt $2.5m
Payments for Repurchase of Common Stock $496k $886k
Proceeds from (Payments for) Other Financing Activities ($111k) ($6k)
Net Cash Provided by (Used in) Financing Activities $6.8m ($27.7m) ($19.1m) $2.2m ($1.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $9.7m ($4.2m) ($7.7m) $2.0m ($1.8m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $16.1m $2.5m $4.5m $2.7m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $12.7m $1.6m $1.1m $1.9m
Income Taxes Paid, Net $171k ($1.9m) ($1.0m) ($3.0m)