Sequential Brands Group, Inc. (SQBGQ) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
5 BRYANT PARK NEW YORK, NY 10018 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 6,264 | 14,106 | 18,902 | 26,806 | 47,171 | |||
| Cash and cash equivalent | 6,264 | 14,106 | 18,902 | 19,133 | 41,560 | |||
| Short-term investments | 7,673 | 5,611 | ||||||
| Restricted cash and investments | 2,043 | 2,032 | 1,531 | 1,521 | ||||
| Receivables | 39,452 | 66,202 | 60,102 | 53,195 | 42,026 | |||
| Disposal group, including discontinued operation | 6,839 | 113 | ||||||
| Other undisclosed current assets | 4,228 | 11,224 | 8,635 | 4,366 | 5,276 | |||
| Total current assets: | 58,826 | 93,564 | 89,170 | 85,888 | 94,586 | |||
| Noncurrent Assets | ||||||||
| Operating lease, right-of-use asset | 50,320 | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 5,349 | 8,971 | 7,035 | 7,674 | 6,547 | |||
| Intangible assets, net (including goodwill) | 599,967 | 964,911 | 995,170 | 312,696 | 320,481 | |||
| Goodwill | 307,744 | 314,288 | ||||||
| Intangible assets, net (excluding goodwill) | 599,967 | 964,911 | 995,170 | 4,952 | 6,193 | |||
| Regulated entity, other noncurrent assets | 17,965 | |||||||
| Other noncurrent assets | 8,782 | 11,222 | 5,836 | 3,345 | 10,074 | |||
| Other undisclosed noncurrent assets | 1,007,295 | 866,084 | ||||||
| Total noncurrent assets: | 664,418 | 985,104 | 1,008,041 | 1,348,975 | 1,203,186 | |||
| TOTAL ASSETS: | 723,244 | 1,078,668 | 1,097,211 | 1,434,863 | 1,297,772 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities, including: | 15,721 | 23,527 | 19,126 | 18,915 | 23,722 | |||
| Settlement liabilities | 940 | 1,883 | ||||||
| Interest and dividends payable | 1,025 | 2,401 | 3,215 | 3,981 | ||||
| Employee-related liabilities | 2,395 | 3,365 | 4,928 | 3,576 | ||||
| Accounts payable | 2,445 | |||||||
| Accrued liabilities | 5,295 | 5,643 | 6,061 | 4,824 | ||||
| Other undisclosed accounts payable and accrued liabilities | 6,066 | 10,235 | 4,922 | 4,089 | 23,722 | |||
| Deferred revenue | 6,977 | ✕ | ✕ | ✕ | ✕ | |||
| Debt | 15,785 | 28,300 | 28,300 | 28,300 | 19,000 | |||
| Disposal group, including discontinued operation | 1,959 | |||||||
| Deferred revenue and credits | ✕ | ✕ | 11,695 | 8,102 | 10,374 | 2,157 | ||
| Other undisclosed current liabilities | ||||||||
| Total current liabilities: | 40,442 | 63,522 | 55,528 | 57,589 | 44,879 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 487,418 | 582,487 | 602,297 | 645,035 | 550,000 | |||
| Long-term debt, excluding current maturities | 433,250 | 582,487 | 602,297 | 645,035 | 550,000 | |||
| Liabilities, other than long-term debt | 18,955 | 8,224 | 11,845 | 13,909 | ||||
| Deferred revenue and credits | ✕ | ✕ | 8,224 | 11,845 | 13,909 | |||
| Deferred revenue | 4,604 | ✕ | ✕ | ✕ | ✕ | |||
| Deferred income tax liabilities | 14,351 | ✕ | ✕ | ✕ | ✕ | |||
| Operating lease, liability | 54,168 | ✕ | ✕ | ✕ | ✕ | |||
| Other undisclosed noncurrent liabilities | 3,389 | 79,791 | 74,003 | 180,762 | 177,244 | |||
| Total noncurrent liabilities: | 509,762 | 670,502 | 688,145 | 839,706 | 727,244 | |||
| Total liabilities: | 550,204 | 734,024 | 743,673 | 897,295 | 772,123 | |||
| Equity | ||||||||
| Equity, attributable to parent | 113,716 | 273,918 | 281,991 | 462,755 | 451,488 | |||
| Common stock | 672 | 657 | 635 | 624 | 605 | |||
| Treasury stock, value | (3,230) | (4,226) | (1,799) | (638) | ||||
| Additional paid in capital | 514,496 | 513,764 | 508,444 | 502,564 | 496,179 | |||
| Accumulated other comprehensive income (loss) | (4,096) | (1,554) | 80 | (144) | (6,466) | |||
| Accumulated deficit | (394,126) | (234,723) | (225,369) | (39,651) | (38,830) | |||
| Equity, attributable to noncontrolling interest | 59,324 | 70,726 | 71,547 | 74,813 | 74,161 | |||
| Total equity: | 173,040 | 344,644 | 353,538 | 537,568 | 525,649 | |||
| TOTAL LIABILITIES AND EQUITY: | 723,244 | 1,078,668 | 1,097,211 | 1,434,863 | 1,297,772 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 101,576 | 169,956 | 167,464 | 155,528 | 88,262 | ||
| Revenue, net | ✕ | ✕ | ✕ | 167,464 | 155,528 | 88,262 | |
| Gross profit: | 101,576 | 169,956 | 167,464 | 155,528 | 88,262 | ||
| Operating expenses | (61,671) | (87,767) | (79,443) | (85,392) | (58,611) | ||
| Other undisclosed operating loss | (33,109) | (25,016) | (340,628) | ||||
| Operating income (loss): | 6,796 | 57,173 | (252,607) | 70,136 | 29,651 | ||
| Nonoperating expense (Other Nonoperating expense) | (2,107) | (693) | (1,583) | (3,810) | |||
| Interest and debt expense | (48,200) | (148) | (900) | (300) | (21,900) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (5,560) | (62,004) | (58,991) | (50,238) | (6,692) | ||
| Income (loss) from continuing operations before income taxes: | (49,071) | (5,672) | (314,081) | 15,788 | 1,059 | ||
| Income tax expense (benefit) | 8,695 | 694 | 132,535 | (9,157) | 1,357 | ||
| Income (loss) from continuing operations: | (40,376) | (4,978) | (181,546) | 6,631 | 2,416 | ||
| Income (loss) before gain (loss) on sale of properties: | (165,439) | (4,978) | (181,546) | 6,631 | 2,416 | ||
| Loss from discontinued operations | (125,063) | ||||||
| Other undisclosed net income | 125,063 | ||||||
| Net income (loss): | (40,376) | (4,978) | (181,546) | 6,631 | 2,416 | ||
| Net income (loss) attributable to noncontrolling interest | 6,036 | (5,506) | (4,172) | (7,452) | (5,287) | ||
| Other undisclosed net loss attributable to parent | (125,063) | ||||||
| Net loss available to common stockholders, diluted: | (159,403) | (10,484) | (185,718) | (821) | (2,871) | ||
Comprehensive Income ($ in thousands)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | (40,376) | (4,978) | (181,546) | 6,631 | 2,416 | ||
| Other comprehensive income (loss) | (5,628) | (1,634) | 224 | 6,322 | (6,430) | ||
| Comprehensive income (loss): | (46,004) | (6,612) | (181,322) | 12,953 | (4,014) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 6,036 | (5,506) | (4,172) | (7,452) | (5,287) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (39,968) | (12,118) | (185,494) | 5,501 | (9,301) | ||
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.