कंपनी का अवलोकन
Allbirds, Inc. (BIRD) is an entity within the Consumer Cyclical sector, specifically operating in the Apparel Retail industry, where it manufactures and sells footwear and lifestyle apparel for men and women in the United States and international markets. The company's product portfolio includes a diverse range of items such as shoes, classic tees, sweats, socks, and underwear, distributed through its retail stores. In terms of scale, the company holds a market capitalization of $22.21M and employs 362 individuals to support its operations. This market cap and revenue profile of $152.47M indicates that Allbirds is a small-cap company with a relatively modest revenue base compared to established apparel giants, suggesting it operates in a niche or early-stage growth phase within the competitive retail landscape.
वित्तीय स्वास्थ्य
The company reported a trailing twelve-month revenue of $152.47M, yet it recorded a net income of -$77,283,000 and an EBITDA of -$67,156,000, revealing a significant cost structure where expenses substantially exceed operating revenues. The free cash flow stands at -$25,757,250, which indicates a current lack of financial flexibility as the company is burning cash rather than generating liquidity from its core operations. Analyzing the margins shows a gross margin of 41.0%, which reflects efficient production costs relative to sales, but is offset by an operating margin of -34.9% and a profit margin of -50.7%, highlighting substantial overhead burdens and high sales expenses. Regarding the balance sheet, the company holds $26.69M in cash against $39.64M in debt, resulting in a debt-to-equity ratio of 110.38%, which characterizes a highly leveraged financial position. The current ratio is 2.02, indicating that the company possesses more than double the current assets relative to current liabilities, suggesting adequate short-term liquidity despite the negative cash flow. Furthermore, the return on equity is -112.3% and the return on assets is -31.5%, metrics that reveal that management has not been effective in generating profits from the shareholders' equity or the total asset base utilized.
मूल्यांकन आकलन
The valuation metrics present a challenging picture with a trailing P/E ratio that is effectively N/A due to negative earnings and a forward P/E of -0.37, implying that the market prices the stock based on future expectations that differ significantly from current loss-making performance. The price-to-book ratio is 0.62, indicating that the stock trades at a discount to its book value, suggesting the market values the company's assets conservatively. Alternative valuation measures include a price-to-sales ratio of 0.15 and an EV/EBITDA of -0.52, which suggest the market is pricing the company on a very low multiple of its sales volume while accounting for its negative earnings power. The stock has traded between a 52-week high of $12.85 and a 52-week low of $2.15, and without a specific current price in the provided facts, the valuation range demonstrates extreme volatility and potential for significant price discovery. The beta value is 1.86, which means the stock is expected to be significantly more volatile than the broader market, moving with high sensitivity to market conditions.
Growth & Income
The revenue growth year-over-year is -14.6%, while earnings growth is N/A due to the negative net income, indicating that the company is currently shrinking in terms of sales volume rather than expanding. Since the company does not pay dividends, the dividend yield is N/A and the payout ratio is 0.0%, meaning the firm retains all earnings to fund operations and growth initiatives rather than distributing income to shareholders. The absence of dividend payments aligns with the negative free cash flow, necessitating that the company reinvest any potential earnings or utilizes existing cash reserves to sustain business activities. Overall, the growth and income profile is defined by negative revenue expansion, negative earnings generation, and a non-dividend strategy that relies entirely on capital retention to navigate its financial challenges.