Value2021202220232024TTMSelling/general/admin expenses122.2 M166.74 M174.04 M133.38 M100.2 MResearch & development—————Operating income32.88 M100.28 M153 M97.55 M85.01 MNon-Operating Income, Total11.51 M139 K3.28 M3.48 M2.35 MInterest expense, net of interest capitalized178 K49 K49 K8 000241 KNon-Operating Income, excl. Interest Expenses-178 K-49 K2.8 M424 K-241 KUnusual income/expense11.51 M139 K436 K3.05 M2.35 MPretax income44.56 M100.13 M152.12 M91.45 M82.16 MEquity in earnings—————Taxes810 K1.23 M334 K1.87 M1.27 MNon-controlling/minority interest—————After tax other income/expense—————Net income before discontinued operations45.37 M101.35 M152.46 M93.32 M83.35 MDiscontinued operations—————Net income45.37 M101.35 M152.46 M93.32 M83.35 MDilution adjustment—————Preferred dividends—————Diluted net income available to common stockholders45.37 M101.35 M152.46 M93.32 M83.38 MBasic earnings per share (Basic EPS)-13-13.6-20.2-11.87-10.34Diluted earnings per share (Diluted EPS)-13-13.6-20.2-11.87-10.34Average basic shares outstanding3.47 M7.44 M7.58 M7.86 M32.14 MDiluted shares outstanding3.47 M7.44 M7.58 M7.86 M32.14 MEBITDA-23.22 M-85.61 M-127.92 M-85.16 M-77.13 MEBIT-32.88 M-100.28 M-148.93 M-97.55 M-85.01 MCost of revenue130.81 M168.14 M149.83 M108.69 M98.36 MOther cost of goods sold400 K14.44 M8.25 M2.69 M3.87 MDepreciation & amortization (cash flow)9.65 M14.68 M21 M12.4 M7.89 M
Allbirds Inc - Class A
Allbirds is an American public benefit company originating in New Zealand that sells footwear and apparel, co-founded in 2015 by Tim Brown and Joey Zwillinger. The company is headquartered in San Francisco, and is known for their minimalist designs, association with environmental, social, and governance principles, and Silicon Valley. Its business model has primarily relied on direct-to-consumer commerce through its website and brick and mortar stores, although the company had begun to decrease its brick and mortar presence by 2023.
Allbirds was founded through an initial fundraising of US$119,000 on Kickstarter and has based its corporate identity on sustainability. Since the 2020s, the company has been criticized by legal scholars for greenwashing after a case about their reporting of carbon offsets was dismissed. Allbirds went public on November 3, 2021, but experienced poor sales soon afterwards; executive turnover followed the company through the end of 2024. On April 8, 2024, the company received a non-compliance notice from Nasdaq for performing below $1 for over 30 consecutive days.