APEX GLOBAL BRANDS INC. Financial Statements (2025 and earlier)

Company Profile

Business Address 5990 SEPULVEDA BLVD
SHERMAN OAKS, CA 91411
State of Incorp. DE
Fiscal Year End January 31
Industry (SIC) 233 - Women's, Misses', And Juniors' Outerwear (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

1/31/2020
1/31/2019
1/31/2018
1/31/2017
1/31/2016
1/31/2015
1/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4,2843,1748,3786,5347,5813,634
Cash and cash equivalent4,2843,1748,3786,5347,5813,634
Receivables4,3639,80521,8737,3657,4256,056
Inventory, net of allowances, customer advances and progress billings   1,567  
Inventory   1,567   
Disposal group, including discontinued operation  1,868    
Income taxes receivable252
Deferred tax assets    412239
Other undisclosed current assets1,1961,7309,3221,1321,350293
Total current assets:9,84316,57741,14015,03116,76810,474
Noncurrent Assets
Operating lease, right-of-use asset
Property, plant and equipment6201,0901,3111,1511,1651,222
Intangible assets, net (including goodwill), including:81,00385,900121,98753,195 
Goodwill16,25216,35215,794   
Intangible assets, net (excluding goodwill)64,75169,548106,19370,871  
Other undisclosed intangible assets, net (including goodwill)    (17,676) 
Other noncurrent assets  301,578354854
Deferred tax assets, net   1,1368581,678
Other undisclosed noncurrent assets1,645   39,82140,683
Total noncurrent assets:83,26887,020124,87655,51741,89243,637
TOTAL ASSETS:93,111103,597166,01670,54858,66054,111
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities3,1207,2051,2828911,430489
Taxes payable  347  212
Employee-related liabilities  9358911,430277
Accounts payable3,1207,205    
Deferred revenue
Debt1,30046,1051,2418,4567,3086,991
Restructuring reserve     
Disposal group, including discontinued operation  1,103    
Other liabilities 4,7147,370    
Deferred revenue and credits2,2297,0154791794
Contract with customer, liability1,626
Other undisclosed current liabilities  30,6322,1951,7202,206
Total current liabilities:10,76064,01240,17012,02110,4759,780
Noncurrent Liabilities
Long-term debt and lease obligation53,154 41,59515,06817,83625,144
Long-term debt, excluding current maturities 53,154 41,59515,06817,83625,144
Liabilities, other than long-term debt2,8075,0044,2151,3885121,288
Accounts payable and accrued liabilities   3,041 391 
Accrued income taxes1,179
Deferred income tax liabilities
Other liabilities2,8075,0041,1741,388121109
Operating lease, liability
Other undisclosed noncurrent liabilities 12,05510,4667,718   
Total noncurrent liabilities:68,01615,47053,52816,45618,34826,432
Total liabilities:78,77679,48293,69828,47728,82336,212
Equity
Equity, attributable to parent14,33524,11572,31842,07129,83717,899
Common stock294280259174171167
Additional paid in capital76,63374,37766,61227,82224,02421,069
Accumulated other comprehensive income   33   
Retained earnings (accumulated deficit)(62,592)(50,542)5,41414,0755,642(3,337)
Total equity:14,33524,11572,31842,07129,83717,899
TOTAL LIABILITIES AND EQUITY:93,111103,597166,01670,54858,66054,111

Income Statement (P&L) ($ in thousands)

1/31/2020
1/31/2019
1/31/2018
1/31/2017
1/31/2016
1/31/2015
1/31/2014
Revenues24,44429,36540,62134,65434,96828,614
Revenue, net 40,62134,65434,96828,614
Cost of revenue
(Cost of Product and Service Sold)
   (5,083)   
Gross profit:24,44429,36535,53834,65434,96828,614
Operating expenses(22,589)(75,760)(38,025)(21,338)(19,580)(18,625)
Other undisclosed operating loss   (912)   
Operating income (loss):1,855(46,395)(3,399)13,31615,3889,989
Nonoperating expense(11,493)(6,436)(1,270)(525)(854)(518)
Interest and debt expense(8,220)(6,500)(1,661)(711)(854)(520)
Income (loss) from continuing operations before equity method investments, income taxes:(17,858)(59,331)(6,330)12,08013,6808,951
Other undisclosed income from continuing operations before income taxes8,2206,5001,661711854520
Income (loss) from continuing operations before income taxes:(9,638)(52,831)(4,669)12,79114,5349,471
Income tax expense (benefit)(2,688)(3,030)(3,258)(4,358)(4,714)(3,397)
Income (loss) from continuing operations:(12,326)(55,861)(7,927)8,4339,8206,074
Income (loss) before gain (loss) on sale of properties:(12,326)(55,989)(7,927)8,4339,8206,074
Loss from discontinued operations  (128)    
Net income (loss) available to common stockholders, diluted:(12,326)(55,989)(7,927)8,4339,8206,074

Comprehensive Income ($ in thousands)

1/31/2020
1/31/2019
1/31/2018
1/31/2017
1/31/2016
1/31/2015
1/31/2014
Net income (loss):(12,326)(55,989)(7,927)8,4339,8206,074
Comprehensive income (loss):(12,326)(55,989)(7,927)8,4339,8206,074
Other undisclosed comprehensive income, net of tax, attributable to parent   33   
Comprehensive income (loss), net of tax, attributable to parent:(12,326)(55,989)(7,894)8,4339,8206,074

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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