iMedia Brands, Inc. (IMBI) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
6740 SHADY OAK RD MINNEAPOLIS, MN 55344-3433 |
| State of Incorp. | MN |
| Fiscal Year End | January 31 |
| Industry (SIC) | 5961 - Catalog and Mail-Order Houses (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 10/31/2022 Q3 | 7/31/2022 Q2 | 4/30/2022 Q1 | 1/31/2022 Q4 | 10/31/2021 Q3 | 7/31/2021 Q2 | 4/30/2021 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 19,902 | 12,049 | 11,295 | 51,352 | 20,918 | 14,946 | |||
| Cash and cash equivalents | 19,902 | 12,049 | 11,295 | 51,352 | 20,918 | 14,946 | |||
| Restricted cash and investments | 1,575 | 1,893 | 1,893 | 2,168 | 2,192 | ||||
| Receivables | 65,577 | 76,166 | 78,947 | 66,948 | 64,324 | 56,601 | |||
| Inventory, net of allowances, customer advances and progress billings | 104,978 | 115,300 | 116,256 | 92,001 | 76,735 | 74,522 | |||
| Inventory | 104,978 | 115,300 | 116,256 | 92,001 | 76,735 | 74,522 | |||
| Other undisclosed current assets | 40,538 | 46,207 | 45,861 | 37,272 | 39,999 | 29,086 | |||
| Total current assets: | 232,570 | 251,615 | 254,252 | 249,740 | 204,168 | 175,155 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 17 | 35 | 51 | 73 | |||||
| Operating lease, right-of-use asset | 7,474 | 3,523 | 3,773 | 860 | |||||
| Property, plant and equipment | 47,074 | 47,405 | 48,225 | 44,932 | 44,593 | 43,441 | |||
| Intangible assets, net (including goodwill) | 116,398 | 121,883 | 126,990 | 35,769 | 36,915 | 7,712 | |||
| Goodwill | 89,323 | 93,158 | 99,050 | 8,318 | 9,212 | ||||
| Intangible assets, net (excluding goodwill) | 27,075 | 28,725 | 27,940 | 27,451 | 27,703 | 7,712 | |||
| Other noncurrent assets | 19,928 | 17,457 | 18,359 | 13,161 | 12,936 | 1,263 | |||
| Other undisclosed noncurrent assets | 66,852 | 69,698 | 67,330 | 38,307 | 42,410 | 3,297 | |||
| Total noncurrent assets: | 250,252 | 256,443 | 268,395 | 135,727 | 140,678 | 56,646 | |||
| TOTAL ASSETS: | 482,822 | 508,058 | 522,647 | 385,467 | 344,846 | 231,801 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 117,636 | 129,241 | 133,434 | 101,827 | 90,351 | 96,781 | |||
| Accounts payable | 81,358 | 85,666 | 89,046 | 62,235 | 58,535 | 54,941 | |||
| Accrued liabilities | 36,278 | 43,575 | 44,388 | 39,592 | 31,816 | 41,840 | |||
| Deferred revenue | 209 | 1,593 | 427 | 541 | 679 | 361 | |||
| Debt | 16,595 | 24,095 | 14,050 | 35 | 49 | 2,784 | |||
| Other undisclosed current liabilities | 36,027 | 33,632 | 34,233 | 26,948 | 30,428 | 26,333 | |||
| Total current liabilities: | 170,467 | 188,561 | 182,144 | 129,351 | 121,507 | 126,259 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 180,767 | 180,423 | 181,601 | 120,418 | 73,922 | ||||
| Long-term debt, excluding current maturities | 176,477 | 175,546 | 176,432 | 120,418 | 73,919 | ||||
| Finance lease, liability | 3 | ||||||||
| Liabilities, other than long-term debt | 7,924 | 8,311 | 8,271 | 13,403 | 14,378 | 6,814 | |||
| Deferred income tax liabilities | 5,183 | 5,484 | 5,285 | ||||||
| Other liabilities | 2,741 | 2,827 | 2,986 | 13,403 | 14,378 | 6,814 | |||
| Operating lease, liability | 4,290 | 4,877 | 5,169 | ||||||
| Other undisclosed noncurrent liabilities | 68,615 | 77,114 | 81,268 | 45,742 | 49,776 | 49,995 | |||
| Total noncurrent liabilities: | 257,306 | 265,848 | 271,140 | 179,563 | 138,076 | 56,809 | |||
| Total liabilities: | 427,773 | 454,409 | 453,284 | 308,914 | 259,583 | 183,068 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 55,049 | 51,556 | 66,951 | 73,405 | 82,115 | 45,453 | |||
| Common stock | 255 | 218 | 216 | 213 | 212 | 164 | |||
| Additional paid in capital | 558,948 | 539,400 | 538,627 | 537,987 | 536,835 | 495,972 | |||
| Accumulated other comprehensive loss | (10,104) | (6,703) | (2,428) | (371) | |||||
| Accumulated deficit | (494,050) | (481,359) | (469,463) | (464,424) | (454,932) | (450,683) | |||
| Other undisclosed equity, attributable to parent | (1) | ||||||||
| Equity, attributable to noncontrolling interest | 2,093 | 2,412 | 3,148 | 3,148 | 3,280 | ||||
| Total equity: | 55,049 | 53,649 | 69,363 | 76,553 | 85,263 | 48,733 | |||
| TOTAL LIABILITIES AND EQUITY: | 482,822 | 508,058 | 522,647 | 385,467 | 344,846 | 231,801 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 10/31/2022 Q3 | 7/31/2022 Q2 | 4/30/2022 Q1 | 1/31/2022 Q4 | 10/31/2021 Q3 | 7/31/2021 Q2 | 4/30/2021 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 133,233 | 154,544 | 193,809 | 130,681 | 113,442 | 113,203 | ||
| Cost of revenue | (84,820) | (93,207) | (119,607) | (76,260) | (65,456) | (67,196) | ||
| Gross profit: | 48,413 | 61,337 | 74,202 | 54,421 | 47,986 | 46,007 | ||
| Operating expenses | (57,254) | (67,850) | (74,504) | (60,423) | (50,355) | (48,058) | ||
| Other undisclosed operating loss | (1) | |||||||
| Operating loss: | (8,841) | (6,513) | (302) | (6,002) | (2,370) | (2,051) | ||
| Nonoperating expense | (3,930) | (5,686) | (5,407) | (3,475) | (1,997) | (1,312) | ||
| Interest and debt expense | (884) | (5,854) | (9) | (654) | (1,313) | |||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 655 | 1,313 | ||||||
| Loss from continuing operations before equity method investments, income taxes: | (13,655) | (18,053) | (5,709) | (9,486) | (4,366) | (3,363) | ||
| Other undisclosed income from continuing operations before income taxes | 884 | 5,855 | 9 | |||||
| Loss from continuing operations before income taxes: | (12,771) | (12,198) | (5,709) | (9,477) | (4,366) | (3,363) | ||
| Income tax expense | (16) | (16) | (65) | (15) | (15) | (15) | ||
| Loss from continuing operations: | (12,787) | (12,214) | (5,774) | (9,492) | (4,381) | (3,378) | ||
| Loss before gain (loss) on sale of properties: | (12,787) | (12,214) | (5,774) | (9,492) | (4,381) | (3,378) | ||
| Other undisclosed net loss | (1) | |||||||
| Net loss: | (12,787) | (12,215) | (5,774) | (9,492) | (4,381) | (3,378) | ||
| Net income attributable to noncontrolling interest | 96 | 319 | 736 | 132 | 150 | |||
| Net loss attributable to parent: | (12,691) | (11,896) | (5,038) | (9,492) | (4,249) | (3,228) | ||
| Other undisclosed net loss available to common stockholders, basic | (96) | (319) | (1,018) | (132) | (150) | |||
| Net loss available to common stockholders, diluted: | (12,787) | (12,215) | (6,056) | (9,492) | (4,381) | (3,378) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 10/31/2022 Q3 | 7/31/2022 Q2 | 4/30/2022 Q1 | 1/31/2022 Q4 | 10/31/2021 Q3 | 7/31/2021 Q2 | 4/30/2021 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (12,787) | (12,215) | (5,774) | (9,492) | (4,381) | (3,378) | ||
| Other comprehensive loss | (371) | |||||||
| Other undisclosed comprehensive loss | (3,401) | (4,275) | (2,428) | |||||
| Comprehensive loss: | (16,188) | (16,490) | (8,202) | (9,863) | (4,381) | (3,378) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 96 | 319 | 736 | 132 | 150 | |||
| Comprehensive loss, net of tax, attributable to parent: | (16,092) | (16,171) | (7,466) | (9,863) | (4,249) | (3,228) | ||
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.