Freshpet, Inc. (FRPT) financial statements (2022 and earlier)
Company profile
| Business Address |
400 PLAZA DRIVE, 1ST FLOOR SECAUCUS, NJ 07094 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 204 - Grain Mill Products (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 72,788 | 7,554 | 2,184 | ||||
| Cash and cash equivalents | 72,788 | 7,554 | 2,184 | ||||
| Receivables | 34,780 | 12,327 | 12,722 | ||||
| Inventory, net of allowances, customer advances and progress billings | 35,574 | 9,317 | 10,118 | ||||
| Inventory | 35,574 | 9,317 | 10,118 | ||||
| Prepaid expense | 5,834 | 1,078 | 1,201 | ||||
| Other current assets | 1,349 | 682 | 733 | ||||
| Total current assets: | 150,325 | 30,958 | 26,958 | ||||
| Noncurrent Assets | |||||||
| Operating lease, right-of-use asset | 6,537 | ✕ | ✕ | ||||
| Property, plant and equipment | 583,922 | 102,094 | 100,599 | ||||
| Long-term investments and receivables | 25,856 | ||||||
| Long-term investments | 25,856 | ||||||
| Regulated entity, other noncurrent assets | 3,272 | ||||||
| Other noncurrent assets | 13,670 | 2,182 | 1,973 | ||||
| Other undisclosed noncurrent assets | 828 | 4,730 | 4,371 | ||||
| Total noncurrent assets: | 634,085 | 109,007 | 106,942 | ||||
| TOTAL ASSETS: | 784,410 | 139,965 | 133,900 | ||||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 57,562 | 18,217 | 16,693 | ||||
| Accounts payable | 42,612 | 9,166 | 9,173 | ||||
| Accrued liabilities | 14,950 | 9,051 | 7,519 | ||||
| Other undisclosed current liabilities | 1,384 | ||||||
| Total current liabilities: | 58,946 | 18,217 | 16,693 | ||||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 5,710 | ||||||
| Operating lease, liability | 5,710 | ✕ | ✕ | ||||
| Liabilities, other than long-term debt | 273 | 305 | |||||
| Other liabilities | 273 | 305 | |||||
| Other undisclosed noncurrent liabilities | (5,710) | ||||||
| Total noncurrent liabilities: | 5,710 | 273 | 305 | ||||
| Total liabilities: | 64,656 | 18,490 | 16,997 | ||||
| Stockholders' equity | |||||||
| Stockholders' equity attributable to parent | 719,754 | 121,474 | 116,903 | ||||
| Common stock | 43 | 36 | 35 | ||||
| Treasury stock, value | (256) | (256) | |||||
| Additional paid in capital | 955,710 | 323,079 | 312,783 | ||||
| Accumulated other comprehensive income (loss) | (120) | (32) | 76 | ||||
| Accumulated deficit | (235,623) | (201,353) | (195,991) | ||||
| Total stockholders' equity: | 719,754 | 121,474 | 116,903 | ||||
| TOTAL LIABILITIES AND EQUITY: | 784,410 | 139,965 | 133,900 | ||||
Income statement (P&L) ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|
| Revenues | 425,489 | 193,237 | 156,379 | |||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 156,379 | |
| Cost of revenue (Cost of Goods and Services Sold) | (263,343) | (103,247) | (83,963) | |||
| Gross profit: | 162,146 | 89,990 | 72,416 | |||
| Operating expenses | (186,809) | (94,876) | (75,167) | |||
| Operating loss: | (24,663) | (4,886) | (2,751) | |||
| Nonoperating expense | (2,869) | (399) | (1,436) | |||
| Other nonoperating income (expense) | 13 | (102) | (525) | |||
| Interest and debt expense | (2,882) | (296) | (910) | |||
| Loss from continuing operations before equity method investments, income taxes: | (30,414) | (5,580) | (5,098) | |||
| Other undisclosed income from continuing operations before income taxes | 2,882 | 296 | 910 | |||
| Loss from continuing operations before income taxes: | (27,532) | (5,284) | (4,187) | |||
| Income tax expense | (162) | (77) | (75) | |||
| Net loss: | (27,694) | (5,361) | (4,262) | |||
| Other undisclosed net loss attributable to parent | (2,005) | |||||
| Net loss available to common stockholders, diluted: | (29,699) | (5,361) | (4,262) | |||
Comprehensive Income ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|
| Net loss: | (27,694) | (5,361) | (4,262) | |||
| Comprehensive loss: | (27,694) | (5,361) | (4,262) | |||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (2,046) | (108) | 76 | |||
| Comprehensive loss, net of tax, attributable to parent: | (29,740) | (5,469) | (4,186) | |||
Statements sources
The financial statements are based on the company's filings with the 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.