Polished.com Inc.

EDGAR

20 filing records in this dataset, filed from 2020-04-22 to 2024-02-13. Reported financial figures are available; chart coverage varies by period.

Watchlist

Latest quarter

Revenue

77.8 million USD

2023 Q3 · USD

Exact inputs and evidence

Operating margin

-7.7%

2023 Q3 · %

Exact inputs and evidence
  • Operating Income: -5995000 USD Source
  • Revenue: 77818000 USD Source

Operating cash flow

3.54 million USD

2023 Q3 · USD

Exact inputs and evidence
  • Operating Cash Flow: -390000 USD Source
  • Operating Cash Flow: -3928000 USD Source

Free cash flow

3.53 million USD

2023 Q3 · USD

Exact inputs and evidence
  • Operating Cash Flow: -390000 USD Source
  • Operating Cash Flow: -3928000 USD Source
  • Capital Expenditure: 140000 USD Source
  • Capital Expenditure: 134000 USD Source
Cash and cash equivalents
9.81 million USD Source
Exact value

9811000 USD

Long-term debt including current maturities
93 million USD Source
Exact value

93019000 USD

Shares outstanding
2.11 million shares Source
Exact value

2109398 shares

Reported share-count change

-98.00% · -103 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 105227876 shares · 2022-09-30· Source
  • 2109398 shares · 2023-09-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

365 million USD

2022-10-01 – 2023-09-30

Exact inputs and evidence
  • Revenue: 534474000 USD · 2022-01-01 – 2022-12-31 Source
  • Revenue: 430710000 USD · 2022-01-01 – 2022-09-30 Source
  • Revenue: 95439000 USD · 2023-01-01 – 2023-03-31 Source
  • Revenue: 87761000 USD · 2023-04-01 – 2023-06-30 Source
  • Revenue: 77818000 USD · 2023-07-01 – 2023-09-30 Source

Net income

-131 million USD

2022-10-01 – 2023-09-30

Exact inputs and evidence
  • Net income: -122308000 USD · 2022-10-01 – 2022-12-31 Source
  • Net income: -2761000 USD · 2023-01-01 – 2023-03-31 Source
  • Net income: 1004000 USD · 2023-04-01 – 2023-06-30 Source
  • Net income: -6634000 USD · 2023-07-01 – 2023-09-30 Source

Operating cash flow

-8.38 million USD

2022-10-01 – 2023-09-30

Exact inputs and evidence
  • Operating cash flow: -46681000 USD · 2022-01-01 – 2022-12-31 Source
  • Operating cash flow: -38693000 USD · 2022-01-01 – 2022-09-30 Source
  • Operating cash flow: 7577000 USD · 2023-01-01 – 2023-03-31 Source
  • Operating cash flow: -3928000 USD · 2023-01-01 – 2023-06-30 Source
  • Operating cash flow: 7577000 USD · 2023-01-01 – 2023-03-31 Source
  • Operating cash flow: -390000 USD · 2023-01-01 – 2023-09-30 Source
  • Operating cash flow: -3928000 USD · 2023-01-01 – 2023-06-30 Source

Capital expenditure

242 thousand USD

2022-10-01 – 2023-09-30

Exact inputs and evidence
  • Capital expenditure: 1420000 USD · 2022-01-01 – 2022-12-31 Source
  • Capital expenditure: 1318000 USD · 2022-01-01 – 2022-09-30 Source
  • Capital expenditure: 124000 USD · 2023-01-01 – 2023-03-31 Source
  • Capital expenditure: 134000 USD · 2023-01-01 – 2023-06-30 Source
  • Capital expenditure: 124000 USD · 2023-01-01 – 2023-03-31 Source
  • Capital expenditure: 140000 USD · 2023-01-01 – 2023-09-30 Source
  • Capital expenditure: 134000 USD · 2023-01-01 – 2023-06-30 Source

Free cash flow

-8.62 million USD

2022-10-01 – 2023-09-30

Exact inputs and evidence
  • Operating cash flow: -46681000 USD · 2022-01-01 – 2022-12-31 Source
  • Operating cash flow: -38693000 USD · 2022-01-01 – 2022-09-30 Source
  • Operating cash flow: 7577000 USD · 2023-01-01 – 2023-03-31 Source
  • Operating cash flow: -3928000 USD · 2023-01-01 – 2023-06-30 Source
  • Operating cash flow: 7577000 USD · 2023-01-01 – 2023-03-31 Source
  • Operating cash flow: -390000 USD · 2023-01-01 – 2023-09-30 Source
  • Operating cash flow: -3928000 USD · 2023-01-01 – 2023-06-30 Source
  • Capital expenditure: 1420000 USD · 2022-01-01 – 2022-12-31 Source
  • Capital expenditure: 1318000 USD · 2022-01-01 – 2022-09-30 Source
  • Capital expenditure: 124000 USD · 2023-01-01 – 2023-03-31 Source
  • Capital expenditure: 134000 USD · 2023-01-01 – 2023-06-30 Source
  • Capital expenditure: 124000 USD · 2023-01-01 – 2023-03-31 Source
  • Capital expenditure: 140000 USD · 2023-01-01 – 2023-09-30 Source
  • Capital expenditure: 134000 USD · 2023-01-01 – 2023-06-30 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2024-02-13.

Financial data available through: 2022-12-31.

Coverage by financial measure
  • Revenue: 3 of 11 periods available· newest 2022-12-31
  • Operating income: 3 of 11 periods available· newest 2022-12-31
  • Net income: 3 of 11 periods available· newest 2022-12-31
  • Operating cash flow: 3 of 11 periods available· newest 2022-12-31
  • Capital expenditure: 3 of 11 periods available· newest 2022-12-31
  • Total assets: 3 of 11 periods available· newest 2022-12-31
  • Total liabilities: 3 of 11 periods available· newest 2022-12-31
  • Current assets: 3 of 11 periods available· newest 2022-12-31
  • Current liabilities: 3 of 11 periods available· newest 2022-12-31
  • Cash and cash equivalents: 3 of 11 periods available· newest 2022-12-31
  • Long-term debt including current maturities: 3 of 11 periods available· newest 2022-12-31
  • Shares outstanding: 3 of 11 periods available· newest 2022-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +54.6%

    Prior period

    USD 345.73 million

    –

    Current period

    USD 534.47 million

    –

    Exact inputs and evidence

    534474000 − 345725000 = 188749000 USD

    345725000 USD · 2021-01-01 – 2021-12-31

    Inspect prior input Prior source

    534474000 USD · 2022-01-01 – 2022-12-31

    Inspect current input Current source
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  • Net income

    −USD 118.38 million

    Prior period

    −USD 7.58 million

    –

    Current period

    −USD 125.97 million

    –

    Exact inputs and evidence

    -125965000 − -7582000 = -118383000 USD

    -7582000 USD · 2021-01-01 – 2021-12-31

    Inspect prior input Prior source

    -125965000 USD · 2022-01-01 – 2022-12-31

    Inspect current input Current source
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  • Operating cash flow

    −USD 28.35 million

    Prior period

    −USD 18.33 million

    –

    Current period

    −USD 46.68 million

    –

    Exact inputs and evidence

    -46681000 − -18328000 = -28353000 USD

    -18328000 USD · 2021-01-01 – 2021-12-31

    Inspect prior input Prior source

    -46681000 USD · 2022-01-01 – 2022-12-31

    Inspect current input Current source
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  • Capital expenditure

    -25.2%

    Prior period

    USD 1.9 million

    –

    Current period

    USD 1.42 million

    –

    Exact inputs and evidence

    1420000 − 1899000 = -479000 USD

    1899000 USD · 2021-01-01 – 2021-12-31

    Inspect prior input Prior source

    1420000 USD · 2022-01-01 – 2022-12-31

    Inspect current input Current source
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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2022 2022-01-01 – 2022-12-31

  • Revenue USD 534.47 million 100% of revenue
  • Cost of revenue USD 444.96 million 83% of revenue
  • Operating expenses USD 217.86 million 41% of revenue
  • Operating income −USD 128.34 million −24% of revenue
  • Tax, interest and other Derived −USD 2.38 million −0.4% of revenue
  • Net income −USD 125.97 million −24% of revenue

Cash

  • Operating cash flow −USD 46.68 million −8.7% of revenue
  • Capital expenditure USD 1.42 million 0.3% of revenue
  • Free cash flow Derived −USD 48.1 million −9% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2020 Operating loss: operating costs were 126% of revenue.
  • 2021 Operating loss: operating costs were 101% of revenue.
  • 2022 Operating loss: operating costs were 124% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2020 2020-01-01 – 2020-12-3155134000 69567000 Derived -14433000 7135000 Derived -21568000 5296000 Derived
Source
2021 2021-01-01 – 2021-12-31345725000 348179000 Derived -2454000 5128000 Derived -7582000 -20227000 Derived
Source
2022 2022-01-01 – 2022-12-31534474000 662816000 Derived -128342000 -2377000 Derived -125965000 -48101000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 534.5M 2022
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.577.2M432.9M288.6M144.3M0.0202020212022
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2020Revenue55134000
2021Revenue345725000
2022Revenue534474000

Revenue growth

Change in revenue from the same financial period one year earlier.

54.6% 2022
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.569%427%285%142%0%202020212022
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2020Year over yearNo prior comparable period
2021Year over year527.1%
2022Year over year54.6%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -24% 2022
Net margin -23.6% 2022
Free cash flow margin -9% 2022
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.14%-1%-15%-29%-43%202020212022
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2020Operating margin-26.2%
2021Operating margin-0.7%
2022Operating margin-24%
2020Net margin-39.1%
2021Net margin-2.2%
2022Net margin-23.6%
2020Free cash flow margin9.6%
2021Free cash flow margin-5.9%
2022Free cash flow margin-9%

Operating cash flow

Cash generated by the company’s normal business operations.

USD -46.7M 2022
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.9.6M-5.5M-20.6M-35.7M-50.8M202020212022
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2020Operating cash flow5409000
2021Operating cash flow-18328000
2022Operating cash flow-46681000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -48.1M 2022
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.9.6M-5.9M-21.4M-36.9M-52.4M202020212022
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2020Free cash flow5296000
2021Free cash flow-20227000
2022Free cash flow-48101000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

76.1% 2022
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.163%122%81%41%0%202020212022
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2020Liabilities / assets150.8%
2021Liabilities / assets50.4%
2022Liabilities / assets76.1%

Current assets to current liabilities

Current assets divided by current liabilities.

1.26× 2022
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.36×1.02×0.68×0.34×0.00×202020212022
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2020Current assets / current liabilities0.51×
2021Current assets / current liabilities1.03×
2022Current assets / current liabilities1.26×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2020 2020-01-01 – 2020-12-31
−USD 21.57 million
Exact value

Exact value: -21568000 USD

2020-01-01 – 2020-12-31: -21568000 USD Inspect Net Income Open source
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USD 5.41 million
Exact value

Exact value: 5409000 USD

2020-01-01 – 2020-12-31: 5409000 USD Inspect Operating Cash Flow Open source
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USD 113,000
Exact value

Exact value: 113000 USD

2020-01-01 – 2020-12-31: 113000 USD Inspect Capital Expenditure Open source
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USD 5.3 million
Calculation and evidence

5409000 − 113000 USD

Exact free cash flow: 5296000 USD

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2021 2021-01-01 – 2021-12-31
−USD 7.58 million
Exact value

Exact value: -7582000 USD

2021-01-01 – 2021-12-31: -7582000 USD Inspect Net Income Open source
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−USD 18.33 million
Exact value

Exact value: -18328000 USD

2021-01-01 – 2021-12-31: -18328000 USD Inspect Operating Cash Flow Open source
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USD 1.9 million
Exact value

Exact value: 1899000 USD

2021-01-01 – 2021-12-31: 1899000 USD Inspect Capital Expenditure Open source
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−USD 20.23 million
Calculation and evidence

-18328000 − 1899000 USD

Exact free cash flow: -20227000 USD

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2022 2022-01-01 – 2022-12-31
−USD 125.97 million
Exact value

Exact value: -125965000 USD

2022-01-01 – 2022-12-31: -125965000 USD Inspect Net Income Open source
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−USD 46.68 million
Exact value

Exact value: -46681000 USD

2022-01-01 – 2022-12-31: -46681000 USD Inspect Operating Cash Flow Open source
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USD 1.42 million
Exact value

Exact value: 1420000 USD

2022-01-01 – 2022-12-31: 1420000 USD Inspect Capital Expenditure Open source
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−USD 48.1 million
Calculation and evidence

-46681000 − 1420000 USD

Exact free cash flow: -48101000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

20 filings · 1,126 latest values · 1,126 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001810140, 1810140, GOED, POL, edgar:1810140

Also known as 1847 GOEDEKER INC., 1847 GOEDEKER INC., 1847 Goedeker Inc., POLISHED.COM INC., Polished.com Inc.