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 investments72,788  7,5542,184
Cash and cash equivalents72,788  7,5542,184
Receivables34,780  12,32712,722
Inventory, net of allowances, customer advances and progress billings35,574  9,31710,118
Inventory35,574  9,31710,118
Prepaid expense5,834  1,0781,201
Other current assets1,349  682733
Total current assets:150,325  30,95826,958
Noncurrent Assets
Operating lease, right-of-use asset6,537  
Property, plant and equipment583,922  102,094100,599
Long-term investments and receivables25,856    
Long-term investments25,856    
Regulated entity, other noncurrent assets3,272    
Other noncurrent assets13,670  2,1821,973
Other undisclosed noncurrent assets828  4,7304,371
Total noncurrent assets:634,085  109,007106,942
TOTAL ASSETS:784,410  139,965133,900
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities57,562  18,21716,693
Accounts payable42,612  9,1669,173
Accrued liabilities14,950  9,0517,519
Other undisclosed current liabilities1,384    
Total current liabilities:58,946  18,21716,693
Noncurrent Liabilities
Long-term debt and lease obligation5,710    
Operating lease, liability5,710  
Liabilities, other than long-term debt   273305
Other liabilities   273305
Other undisclosed noncurrent liabilities(5,710)    
Total noncurrent liabilities:5,710  273305
Total liabilities:64,656  18,49016,997
Stockholders' equity
Stockholders' equity attributable to parent719,754  121,474116,903
Common stock43  3635
Treasury stock, value(256)  (256) 
Additional paid in capital955,710  323,079312,783
Accumulated other comprehensive income (loss)(120)  (32)76
Accumulated deficit(235,623)  (201,353)(195,991)
Total stockholders' equity:719,754  121,474116,903
TOTAL LIABILITIES AND EQUITY:784,410  139,965133,900

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues425,489  193,237156,379
Revenue, net156,379
Cost of revenue
(Cost of Goods and Services Sold)
(263,343)  (103,247)(83,963)
Gross profit:162,146  89,99072,416
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 taxes2,882  296910
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.

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