LVLU Q2 2020 Earnings Report — Lulu's Fashion Lounge Holdings, Inc. Revenue & Financial Results | Market Cap Arena

Lulu's Fashion Lounge Holdings, Inc.LVLU

Q2 2020 Earnings

Reported June 27, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q2 2020	Q1 2020	Q2 2019	QoQ Change	YoY Change
Revenue	$61M	$70M	—	-12.1%	—
Op. Income	-$9M	-$4M	—	-155.4%	—
Gross Margin	43.2%	44.8%	—	-1.6pp	—
Net Margin	-23.3%	-11.1%	—	-12.2pp	—
EPS (Diluted)	$-0.05	$-0.03	—	-78.3%	—
Free Cash Flow	$7M	$7M	—	0.0%	—

Income Statement

Item	Amount
REVENUE	$61M
Cost of Revenue	$35M
GROSS PROFIT	$27M
R&D Expenses	$0
Selling & Marketing	$10M
General & Administrative	$26M
SG&A Expenses	$36M
Other Expenses	$0
Operating Expenses	$36M
Cost & Expenses	$71M
OPERATING INCOME	-$9M
Interest Income	$0
Interest Expense	$4M
Other Income/Expenses	-$4M
INCOME BEFORE TAX	-$13M
Income Tax Expense	$867.0K
Net Income from Continuing Ops	-$14M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$14M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$14M
D&A	$827.0K
EBIT	-$9M
EBITDA	-$8M
EPS	-$0
EPS Diluted	-$0

Cash Flow Statement

Item	Amount
Net Income	-$14M
Depreciation & Amortization	$827.0K
Stock-Based Compensation	$8M
Deferred Income Tax	$0
Other Non-Cash Items	$6M
Change in Working Capital	$6M
OPERATING CASH FLOW	$7M
Capital Expenditure	-$303.5K
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$341.5K
NET CASH FROM INVESTING	-$645.0K
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$5M
NET CASH FROM FINANCING	$5M
FREE CASH FLOW	$7M
Net Change in Cash	$12M