See more : Wilk Technologies Ltd (WILK.TA) Income Statement Analysis – Financial Results
Complete financial analysis of Polished.com Inc. (POL) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Polished.com Inc., a leading company in the Specialty Retail industry within the Consumer Cyclical sector.
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Polished.com Inc. (POL)
About Polished.com Inc.
Polished.com Inc. operates an e-commerce platform for appliances, furniture, and home goods in the United States. The company offers household appliances, including refrigerators, ranges, ovens, dishwashers, microwaves, freezers, washers, and dryers. It also sells furniture, décor, bed and bath, lighting, outdoor living, electronics, fitness equipment, plumbing fixtures, air conditioners, fireplaces, fans, dehumidifiers, humidifiers, air purifiers, and televisions. In addition, the company provides appliance installation services and old appliance removal services. The company was formerly known as 1847 Goedeker Inc. and changed its name to Polished.com Inc. in July 2022. Polished.com Inc. was founded in 1951 and is headquartered in Brooklyn, New York.
| Metric | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|
| Revenue | 534.47M | 362.31M | 55.13M | 47.62M | 56.31M |
| Cost of Revenue | 444.96M | 282.66M | 47.88M | 43.71M | 45.41M |
| Gross Profit | 89.52M | 79.66M | 7.26M | 3.91M | 10.90M |
| Gross Profit Ratio | 16.75% | 21.99% | 13.16% | 8.21% | 19.35% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 53.03M | 36.92M | 14.47M | 5.18M | 4.96M |
| Selling & Marketing | 25.46M | 11.96M | 4.87M | 2.71M | 2.64M |
| SG&A | 78.49M | 48.88M | 19.33M | 7.89M | 7.60M |
| Other Expenses | -2.55M | 7.99M | 549.71K | 0.00 | 37.05K |
| Operating Expenses | 89.94M | 56.88M | 19.88M | 7.89M | 7.64M |
| Cost & Expenses | 534.90M | 339.53M | 67.76M | 51.60M | 53.05M |
| Interest Income | 518.00K | 95.00K | 2.48K | 23.81K | 79.08K |
| Interest Expense | 3.94M | 3.20M | 1.63M | 2.51M | 149.00 |
| Depreciation & Amortization | 11.46M | 7.35M | -1.37M | 280.71K | 39.64K |
| EBITDA | -9.78M | 15.40M | -12.08M | -3.70M | 2.05M |
| EBITDA Ratio | -1.83% | 4.32% | -25.38% | -7.77% | 3.63% |
| Operating Income | -128.34M | 8.32M | -12.63M | -3.98M | 1.89M |
| Operating Income Ratio | -24.01% | 2.30% | -22.90% | -8.36% | 3.36% |
| Total Other Income/Expenses | -133.95M | -5.03M | -8.24M | -2.32M | 115.99K |
| Income Before Tax | -134.37M | 3.29M | -20.87M | -6.30M | 2.01M |
| Income Before Tax Ratio | -25.14% | 0.91% | -37.85% | -13.23% | 3.56% |
| Income Tax Expense | -8.41M | -4.38M | 698.30K | -698.30K | 37.20K |
| Net Income | -125.97M | 7.67M | -21.57M | -5.60M | 2.01M |
| Net Income Ratio | -23.57% | 2.12% | -39.12% | -11.77% | 3.56% |
| EPS | -59.17 | 5.94 | -197.38 | -58.98 | 0.00 |
| EPS Diluted | -59.17 | 5.94 | -197.38 | -58.98 | 0.00 |
| Weighted Avg Shares Out | 2.13M | 1.29M | 109.21K | 95.00K | 0.00 |
| Weighted Avg Shares Out (Dil) | 2.13M | 1.29M | 109.27K | 95.00K | 0.00 |
Polished.com Acknowledges Recent Trading Activity
BROOKLYN, N.Y.--(BUSINESS WIRE)--Polished.com Inc. (the “Company” or “Polished”) (NYSE American: POL) today released the following statement regarding recent market activity in the Company's stock: In view of the unusual market activity in the Company's stock, the New York Stock Exchange...
Polished.com Inc. (POL) Q3 2023 Earnings Call Transcript
Polished.com Inc. (NYSE:POL ) Q3 2023 Earnings Conference Call November 21, 2023 8:30 AM ET Company Participants John Bunka - Interim CEO Robert Barry - Interim CFO Conference Call Participants Nataly Vukobrat - Parfico Operator Good morning, and welcome to...
Polished.com Announces Results for Third Quarter of 2023 and Amendment of Credit Agreement
BROOKLYN, N.Y.--(BUSINESS WIRE)--Polished.com Inc. (NYSE American: POL) (“Polished” or the “Company”) today reported financial results for the three months ended September 30, 2023. The Company's 10-Q and additional information can be found on its investor relations website: https://investor.polished.com/financials/sec-filings. Top Metrics...
Polished.com Postpones Reporting of Third Quarter 2023 Financial Results
BROOKLYN, N.Y.--(BUSINESS WIRE)--Polished.com Inc. (the “Company” or “Polished”) (NYSE American: POL) today announced that the Company is postponing its earnings release and conference call for the third quarter ended September 30, 2023, which was previously scheduled for today, November 14,...
Polished.com Announces Date for Third Quarter 2023 Earnings Release
BROOKLYN, N.Y.--(BUSINESS WIRE)--Polished.com Inc. (the “Company” or “Polished”) (NYSE American: POL) today announced that it will report third quarter 2023 earnings results after market close on Tuesday, November 14, 2023. The Company will host an investor conference call at 4:30...
Polished.com Announces Reverse Stock Split
BROOKLYN, N.Y.--(BUSINESS WIRE)--Polished.com Inc. (the “Company” or “Polished”) (NYSE American: POL) today announced that the Board of Directors and stockholders of the Company approved a 1-for-50 reverse stock split (the “Reverse Stock Split”) of its outstanding shares of common stock...
Polished.com's Appliances Connection Brand Named to Newsweek's Best Online Shops 2024 List for Fifth Consecutive Year
BROOKLYN, N.Y.--(BUSINESS WIRE)--Polished.com Inc. (the “Company” or “Polished”) (NYSE American: POL), a content-driven and technology-enabled shopping destination for appliances and home goods in the U.S. household appliances market, today announced that AppliancesConnection.com, the Company's flagship proprietary e-Commerce Online Store, has...
Polished.com Inc. Announces Special Stockholder Meeting to Approve Reverse Stock Split
BROOKLYN, N.Y.--(BUSINESS WIRE)--Polished.com Inc. (the “Company” or “Polished”) (NYSE American: POL) today announced that it plans to hold a special meeting of stockholders (the “Special Meeting”) to seek approval to amend the Company's Amended and Restated Certificate of Incorporation (the...
Polished.com Inc. Announces Notification of NYSE American Continued Listing Deficiency
BROOKLYN, N.Y.--(BUSINESS WIRE)--Polished.com Inc. (the “Company” or “Polished”) (NYSE American: POL) today announced that it had received a deficiency letter (the “Letter”) from the NYSE American LLC (the “NYSE American”) stating that the Company is not in compliance with the...
Polished.com Inc. (POL) Q2 2023 Earnings Call Transcript
Polished.com Inc. (NYSE:POL ) Q2 2023 Earnings Conference Call August 15, 2023 8:30 AM ET Company Participants John Bunka - Interim Chief Executive Officer Robert Barry - Interim Chief Financial Officer Conference Call Participants Eric Landry - BML Capital Operator...
Source: https://incomestatements.info
Category: Stock Reports