Revolution Lighting Technologies, Inc. (RVLT) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
177 BROAD STREET STAMFORD, CT 06901 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 364 - Electric Lighting And Wiring Equipment (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2018 MRQ | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 945 | 883 | 219 | 6,033 | 1,757 | 4,434 | |||
| Cash and cash equivalents | 945 | 883 | 219 | 6,033 | 1,757 | 4,434 | |||
| Receivables | 34,972 | 53,347 | 41,132 | 23,779 | 4,353 | 1,307 | |||
| Inventory, net of allowances, customer advances and progress billings | 26,164 | 26,678 | 22,135 | 13,673 | 5,423 | 2,576 | |||
| Inventory | 26,164 | 26,678 | 22,135 | 13,673 | 5,423 | 2,576 | |||
| Other current assets | 8,363 | 3,830 | 3,157 | 743 | ✕ | ||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 391 | ||
| Other undisclosed current assets | 15,593 | 10,167 | 4,559 | ||||||
| Total current assets: | 77,674 | 99,438 | 71,875 | 46,642 | 12,276 | 8,708 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 1,603 | 1,474 | 1,247 | 1,211 | 757 | 320 | |||
| Intangible assets, net (including goodwill) | 89,880 | 115,883 | 103,862 | 77,775 | 38,938 | 23,509 | |||
| Goodwill | 61,508 | 72,074 | 64,267 | 42,991 | 21,069 | 11,457 | |||
| Intangible assets, net (excluding goodwill) | 28,372 | 43,809 | 39,595 | 34,784 | 17,869 | 12,053 | |||
| Other noncurrent assets | 1,077 | 704 | 651 | 914 | 291 | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 30 | ||
| Total noncurrent assets: | 92,560 | 118,061 | 105,760 | 79,900 | 39,986 | 23,859 | |||
| TOTAL ASSETS: | 170,234 | 217,499 | 177,635 | 126,542 | 52,262 | 32,568 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 32,533 | 36,809 | 23,596 | 19,424 | 9,739 | 3,716 | |||
| Interest and dividends payable | 300 | 100 | |||||||
| Employee-related liabilities | 3,700 | 4,400 | 3,388 | 2,281 | 1,077 | 219 | |||
| Accounts payable | 28,833 | 32,409 | 19,908 | 11,573 | 6,109 | 2,631 | |||
| Accrued liabilities | 5,470 | 2,553 | 866 | ||||||
| Debt | 1,796 | 2,360 | 10,360 | ||||||
| Restructuring reserve | 1,800 | ✕ | ✕ | ||||||
| Business combination, contingent consideration, liability | 130 | 1,327 | 7,039 | ✕ | ✕ | ||||
| Other liabilities | 966 | 860 | 3,422 | ||||||
| Deferred revenue and credits | 960 | 30 | |||||||
| Due to related parties | 1,000 | 1,500 | 8 | ||||||
| Customer advances and deposits | 1,295 | ✕ | ✕ | ||||||
| Other undisclosed current liabilities | 6,070 | 6,141 | 5,029 | 6,169 | 2,059 | 4,638 | |||
| Total current liabilities: | 43,329 | 48,137 | 46,024 | 27,854 | 13,618 | 11,814 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 38,903 | 38,059 | 24,452 | 20,376 | |||||
| Long-term debt, excluding current maturities | 38,903 | 38,059 | 24,452 | 20,376 | |||||
| Liabilities, other than long-term debt | 12,139 | 5,590 | 5,056 | 3,710 | 193 | 58 | |||
| Deferred revenue and credits | 130 | 58 | |||||||
| Due to related parties | 11,720 | 2,565 | 2,565 | 2,565 | |||||
| Other liabilities | 419 | 1,309 | 727 | 1,145 | 63 | ||||
| Business combination, contingent consideration, liability | 1,716 | 1,764 | ✕ | ✕ | |||||
| Other undisclosed noncurrent liabilities | (2,714) | 2,004 | |||||||
| Total noncurrent liabilities: | 51,042 | 43,649 | 29,508 | 21,372 | 2,197 | 58 | |||
| Total liabilities: | 94,371 | 91,786 | 75,532 | 49,226 | 15,815 | 11,872 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 75,863 | 125,713 | 102,103 | 77,316 | 25,481 | 20,696 | |||
| Common stock | 21 | 21 | 160 | 130 | 82 | 70 | |||
| Additional paid in capital | 204,944 | 200,887 | 176,616 | 149,477 | 82,574 | 60,036 | |||
| Accumulated deficit | (129,102) | (75,195) | (74,673) | (72,291) | (67,111) | (50,290) | |||
| Other undisclosed equity, attributable to parent | 9,936 | 10,880 | |||||||
| Other undisclosed equity | 10,966 | ||||||||
| Total equity: | 75,863 | 125,713 | 102,103 | 77,316 | 36,447 | 20,696 | |||
| TOTAL LIABILITIES AND EQUITY: | 170,234 | 217,499 | 177,635 | 126,542 | 52,262 | 32,568 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 152,312 | 172,121 | 129,656 | 76,840 | 26,060 | 4,481 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (110,650) | (116,250) | (86,366) | (52,617) | (16,108) | (4,705) | ||
| Gross profit: | 41,662 | 55,871 | 43,290 | 24,223 | 9,952 | (224) | ||
| Operating expenses | (91,716) | (53,887) | (44,191) | (35,123) | (20,474) | (9,193) | ||
| Operating income (loss): | (50,054) | 1,984 | (901) | (10,900) | (10,522) | (9,417) | ||
| Nonoperating income (expense) | (1,481) | (830) | (6,299) | 838 | ||||
| Interest and debt expense | (1,800) | (900) | (1,100) | (843) | (52) | 838 | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (1,606) | 1,100 | 843 | |||||
| Loss from continuing operations before income taxes: | (51,854) | (522) | (2,382) | (11,730) | (16,873) | (7,740) | ||
| Income tax benefit | 6,550 | |||||||
| Loss from continuing operations: | (51,854) | (522) | (2,382) | (5,180) | (16,873) | (7,740) | ||
| Loss before gain (loss) on sale of properties: | (51,854) | (522) | (2,382) | (5,180) | (16,873) | (7,739) | ||
| Income from discontinued operations | 1 | |||||||
| Other undisclosed net income | 735 | 13,204 | 1,724 | |||||
| Net loss: | (51,854) | (522) | (2,382) | (4,445) | (3,669) | (6,015) | ||
| Other undisclosed net loss attributable to parent | (2,053) | (735) | (13,152) | (2,562) | ||||
| Net loss attributable to parent: | (53,907) | (522) | (2,382) | (5,180) | (16,821) | (8,577) | ||
| Preferred stock dividends and other adjustments | 1,445 | (1,360) | 31 | |||||
| Other undisclosed net loss available to common stockholders, basic | (9,110) | (2,290) | (5,256) | |||||
| Net loss available to common stockholders, diluted: | (53,907) | (522) | (2,382) | (12,845) | (20,471) | (13,803) | ||
Comprehensive Income ($ in thousands)
| 6/30/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (51,854) | (522) | (2,382) | (4,445) | (3,669) | (6,015) | ||
| Comprehensive loss, net of tax, attributable to parent: | (51,854) | (522) | (2,382) | (4,445) | (3,669) | (6,015) | ||
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.