← Arhaus, Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Net income | $15.8m |
$17.0m
+7.56%
|
$36.9m
+116.74%
|
$136.6m
+269.96%
|
$125.2m
-8.34%
|
$68.5m
-45.26%
|
$67.3m
-1.89%
|
$69.2m
+2.86%
|
|
| Depreciation and amortization | $16.0m | $17.0m | $23.9m | $24.9m | $29.4m | $39.1m | $46.8m | $95.6m | |
| Amortization of operating lease right-of-use asset | — | $0 | $0 | $29.1m | $33.3m | $36.9m | $42.8m | — | |
| Amortization of deferred financing fees, interest on finance lease in excess of principal paid and interest on operating leases | $3.9m | $3.7m | $1.7m | $12.6m | $22.1m | $26.7m | $29.7m | — | |
| Amortization of cloud computing arrangements | — | — | $0 | $0 | $698k | $1.6m | $2.8m | — | |
| Amortization and write-off of lease incentives | ($7.8m) | ($8.0m) | ($6.1m) | ($304k) | ($321k) | ($80k) | $0 | — | |
| Depreciation Amortization Depletion | — | — | — | $54.0m | $62.7m | $76.0m | $89.6m | $95.6m | |
| Deferred tax assets | $0 | $0 | ($10.2m) | $9.8m | ($2.3m) | ($2.0m) | $1.5m | — | |
| Adjustment to deferred tax asset impact of Reorganization from partnership to a corporation | — | $0 | $0 | ($1.1m) | ($1.6m) | $0 | $0 | — | |
| Deferred Income Tax | — | — | — | $9.8m | ($2.3m) | ($2.0m) | $1.5m | $7.2m | |
| Change In Working Capital | — | — | — | ($139.5m) | ($47.4m) | ($30.2m) | ($63.3m) | ($103.2m) | |
| Accounts receivable | ($180k) | ($160k) | $372k | ($1.5m) | ($660k) | $1.1m | $589k | $734k | |
| Change In Receivables | — | — | — | ($1.5m) | ($660k) | $1.1m | $589k | $734k | |
| Changes In Account Receivables | — | — | — | ($1.5m) | ($660k) | $1.1m | $589k | $734k | |
| Merchandise inventory | ($7.8m) | $2.0m | ($100.3m) | ($78.1m) | $32.1m | ($42.7m) | ($41.8m) | — | |
| Change In Inventory | — | — | — | ($78.1m) | $32.1m | ($42.7m) | ($41.8m) | ($42.4m) | |
| Accounts payable | $2.1m | $1.6m | $17.6m | $14.0m | $1.2m | $5.6m | $9.9m | ($210k) | |
| Change In Payables And Accrued Expense | — | — | — | $38.0m | ($324k) | $4.7m | $17.7m | ($210k) | |
| Accrued expenses | $3.3m | $8.3m | $17.3m | $27.7m | ($1.5m) | ($921k) | $7.9m | $11.2m | |
| Change In Accrued Expense | — | — | — | $27.7m | ($1.5m) | ($921k) | $7.9m | $11.2m | |
| Prepaid and other assets | ($5.8m) | ($8.4m) | ($3.3m) | ($9.3m) | ($20.7m) | ($2.5m) | $4.1m | — | |
| Change In Other Current Assets | — | — | ($288k) | ($77k) | — | — | — | ($77k) | |
| Change In Other Current Liabilities | — | — | — | ($28.5m) | ($38.6m) | ($37.9m) | ($59.0m) | ($64.7m) | |
| Net cash provided by operating activities | $20.0m |
$148.3m
+639.87%
|
$146.2m
-1.36%
|
$74.5m
-49.09%
|
$172.3m
+131.42%
|
$147.1m
-14.62%
|
$136.8m
-6.98%
|
$115.2m
-15.82%
|
|
| Purchases of property, furniture and equipment | ($9.9m) | ($13.0m) | ($47.9m) | ($52.7m) | ($97.1m) | ($107.4m) | ($77.9m) | — | |
| Proceeds from the sale of property, furniture and equipment | $12k | $0 | $0 | $0 | $0 | $7.8m | $54k | — | |
| Purchases of property, furniture and equipment in current liabilities | $0 | $0 | $31.0m | $8.5m | $10.3m | $8.4m | $7.4m | — | |
| Net cash used in investing activities | ($9.9m) | ($13.0m) | ($47.9m) | ($52.7m) | ($96.7m) | ($99.5m) | ($77.8m) | ($73.1m) | |
| Payments of debt issuance costs | $0 | $0 | ($288k) | $0 | $0 | $0 | ($245k) | — | |
| Issuance Of Debt | — | — | $1.0m | $0 | $0 | — | — | — | |
| Long Term Debt Issuance | — | — | $1.0m | $0 | $0 | — | — | — | |
| Long Term Debt Payments | — | — | — | ($177k) | ($763k) | ($927k) | ($705k) | ($765k) | |
| Net Issuance Payments Of Debt | — | — | — | ($177k) | ($763k) | ($927k) | ($705k) | ($765k) | |
| Net Long Term Debt Issuance | — | — | — | ($177k) | ($763k) | ($927k) | ($705k) | ($765k) | |
| Repayment Of Debt | — | — | — | ($177k) | ($763k) | ($927k) | ($705k) | ($765k) | |
| Common Stock Dividend Paid | — | — | — | $0 | $0 | ($70.3m) | ($361k) | ($49.7m) | |
| Common Stock Issuance | — | — | $157.3m | $0 | $0 | — | — | $0 | |
| Common Stock Payments | — | — | — | $0 | ($1.0m) | ($1.8m) | ($2.2m) | ($2.2m) | |
| Issuance Of Capital Stock | — | — | $157.3m | $0 | $0 | — | — | $0 | |
| Net Common Stock Issuance | — | — | — | $0 | ($1.0m) | ($1.8m) | ($2.2m) | ($2.2m) | |
| Repurchase Of Capital Stock | — | — | — | $0 | ($1.0m) | ($1.8m) | ($2.2m) | ($2.2m) | |
| Cash dividend payments | — | — | — | $0 | $0 | ($70.3m) | ($361k) | — | |
| Cash Dividends Paid | — | — | — | $0 | $0 | ($70.3m) | ($361k) | ($49.7m) | |
| Preferred Stock Dividend Paid | — | — | $0 | $0 | — | — | — | $0 | |
| Net Other Financing Charges | — | — | ($126.7m) | — | — | — | ($245k) | ($245k) | |
| Net cash used in financing activities | ($14.3m) |
($91.3m)
-537.39%
|
($31.5m)
+65.54%
|
($177k)
+99.44%
|
($1.8m)
-916.38%
|
($73.0m)
-3955.09%
|
($3.5m)
+95.23%
|
($52.8m)
-1418.07%
|
|
| Net increase (decrease) in cash, cash equivalents and restricted cash | ($4.2m) | $43.9m | $66.9m | $21.6m | $73.8m | ($25.4m) | $55.6m | — | |
| Beginning Cash Position | — | — | — | $130.9m | $152.5m | $226.3m | $200.9m | $238.4m | |
| Additional Supplementary Disclosures | |||||||||
| Additional Supplementary Disclosures | |||||||||
| Equity based compensation | $272k | $403k | $6.4m | $4.3m | $7.9m | $7.6m | $9.2m | — | |
| Loss (gain) on disposal of assets | $23k | $8k | $466k | $0 | $0 | ($1.2m) | $81k | — | |
| Insurance proceeds | — | — | $0 | $0 | $333k | $0 | $0 | — | |
| Other noncurrent liabilities | ($778k) | ($1.2m) | $493k | $638k | $388k | ($10k) | ($6k) | — | |
| Operating lease liabilities | — | $0 | $0 | ($33.7m) | ($25.8m) | ($37.9m) | ($59.0m) | — | |
| Client deposits | ($3.6m) | $89.9m | $110.8m | ($62.3m) | ($28.8m) | $47.1m | $15.1m | — | |
| Principal payments under finance leases | $0 | $0 | ($107k) | ($177k) | ($763k) | ($927k) | ($705k) | — | |
| Repurchase of shares for payment of withholding taxes for equity based compensation | — | — | $0 | $0 | ($1.0m) | ($1.8m) | ($2.2m) | — | |
| Beginning of year | $20.1m | $64.0m | $130.9m | $152.5m | $226.3m | $200.9m | $256.5m | — | |
| Interest paid in cash | $11.3m | $9.3m | $5.1m | $5.2m | $5.3m | $4.7m | $5.0m | — | |
| Interest received in cash | — | $0 | $0 | $1.4m | $8.8m | $9.0m | $8.5m | — | |
| Income taxes paid in cash | $538k | $1.3m | $1.4m | $34.9m | $47.1m | $23.8m | $24.5m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | ($177k) | ($1.8m) | ($73.0m) | ($3.5m) | ($52.8m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | ($55.7m) | ($93.1m) | ($99.5m) | ($77.8m) | ($73.1m) | |
| Change In Account Payable | — | — | — | $10.3m | $1.2m | $5.6m | $9.9m | ($210k) | |
| Change In Cash Supplemental As Reported | — | — | — | $21.6m | $73.8m | ($25.4m) | $55.6m | — | |
| Change In Other Working Capital | — | — | — | ($62.3m) | ($28.8m) | $47.1m | $15.1m | $30.7m | |
| Change In Payable | — | — | — | $10.3m | $1.2m | $5.6m | $9.9m | ($210k) | |
| Change In Prepaid Assets | — | — | — | ($7.2m) | ($11.1m) | ($2.5m) | $4.1m | ($38.5m) | |
| Changes In Cash | — | — | — | $21.6m | $73.8m | ($25.4m) | $55.6m | ($10.7m) | |
| End Cash Position | — | — | — | $152.5m | $226.3m | $200.9m | $256.5m | $227.7m | |
| Financing Cash Flow | — | — | — | ($177k) |
($1.8m)
-916.38%
|
($73.0m)
-3955.09%
|
($3.5m)
+95.23%
|
($52.8m)
-1418.07%
|
|
| Free Cash Flow | — | — | — | $21.8m | $75.2m | $39.7m | $59.0m | $40.9m | |
| Gain Loss On Sale Of PPE | — | — | — | $0 | $0 | ($1.2m) | $81k | $77k | |
| Investing Cash Flow | — | — | — | ($55.7m) | ($93.1m) | ($99.5m) | ($77.8m) | ($73.1m) | |
| Net PPE Purchase And Sale | — | — | — | ($55.7m) | ($93.4m) | ($99.5m) | ($77.8m) | ($74.3m) | |
| Net Preferred Stock Issuance | — | — | $0 | $0 | — | — | — | $0 | |
| Operating Gains Losses | — | — | $46.5m | — | — | ($1.2m) | $81k | $77k | |
| Other Non Cash Items | — | — | — | $12.3m | $22.5m | $28.3m | $32.5m | — | |
| Preferred Stock Payments | — | — | $0 | $0 | — | — | — | $0 | |
| Proceeds From Stock Option Exercised | — | — | $0 | $0 | — | — | — | $0 | |
| Purchase Of PPE | — | — | $47.9m | ($55.7m) | ($93.4m) | ($107.4m) | ($77.9m) | ($74.3m) | |
| Sale Of PPE | — | — | — | $0 | $0 | $7.8m | $54k | $54k | |
| Stock Based Compensation | — | — | — | $4.3m | $7.9m | $7.6m | $9.2m | $11.8m |