WRBY Financial Statements

Balance sheet, income statement, cash flow, and dividends for Warby Parker Inc (WRBY).


$1.66B Market Cap.

As of 02/29/2024 5:00 PM ET (MRY) • Disclaimer

WRBY Market Cap. (MRY)


WRBY Shares Outstanding (MRY)


WRBY Assets (MRY)


Total Assets

$580.31M

Total Liabilities

$278.52M

Total Investments

$0

WRBY Income (MRY)


Revenue

$669.76M

Net Income

-$63.20M

Operating Expense

$437.22M

WRBY Cash Flow (MRY)


CF Operations

$60.99M

CF Investing

-$54.67M

CF Financing

$2.87M

WRBY Dividends (MRY)


Period

Dividends

Yield %

Growth %

Payout Ratio

Coverage Ratio

2023

$0

0%

0%

0%

-

2022

$0

0%

0%

0%

-

2021

$0

0%

0%

0%

-

2020

$0

-

0%

0%

-

2019

$0

-

-

0%

-

WRBY Balance Sheet (MRY)


Metric

2023

2022

2021

2020

Total Assets

$580,312,000 (2.04%)

$568,707,000 (29.06%)

$440,646,000 (-0.92%)

$444,751,000 (152.91%)

Assets Current

$298,619,000 (1.38%)

$294,568,000 (-10.19%)

$327,980,000 (-8.88%)

$359,933,000 (292.58%)

Assets Non-Current

$281,693,000 (2.76%)

$274,139,000 (143.32%)

$112,666,000 (32.83%)

$84,818,000 (0.77%)

Goodwill & Intangible Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Shareholders Equity

$301,787,000 (5.28%)

$286,646,000 (0.23%)

$285,998,000 (244.37%)

-$198,097,000 (-4.56%)

Property Plant & Equipment Net

$274,637,000 (3.39%)

$265,642,000 (136.77%)

$112,195,000 (32.72%)

$84,534,000 (0.77%)

Cash & Equivalents

$216,894,000 (3.98%)

$208,585,000 (-18.65%)

$256,416,000 (-18.36%)

$314,085,000 (466.69%)

Accumulated Other Comprehensive Income

-$1,529,000 (-136.32%)

-$647,000 (-4143.75%)

$16,000 (-85.32%)

$109,000 (395.45%)

Deferred Revenue

$31,617,000 (23.37%)

$25,628,000 (16.11%)

$22,073,000 (-16.86%)

$26,550,000 (37.93%)

Total Investments

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Non-Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Inventory

$62,234,000 (-9.61%)

$68,848,000 (20.58%)

$57,095,000 (48.42%)

$38,468,000 (35.27%)

Trade & Non-Trade Receivables

$1,779,000 (23.97%)

$1,435,000 (44.66%)

$992,000 (65.06%)

$601,000 (-46.24%)

Trade & Non-Trade Payables

$22,456,000 (8.01%)

$20,791,000 (-32.69%)

$30,890,000 (-24.27%)

$40,788,000 (9.33%)

Accumulated Retained Earnings (Deficit)

-$666,831,000 (-10.47%)

-$603,634,000 (-22.38%)

-$493,241,000 (-51.58%)

-$325,390,000 (-20.75%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Debt

$174,457,000 (0.62%)

$173,378,000 (0%)

$0 (0%)

$0 (0%)

Debt Current

$24,286,000 (7.72%)

$22,546,000 (0%)

$0 (0%)

$0 (0%)

Debt Non-Current

$150,171,000 (-0.44%)

$150,832,000 (0%)

$0 (0%)

$0 (0%)

Total Liabilities

$278,525,000 (-1.25%)

$282,061,000 (82.39%)

$154,648,000 (13.43%)

$136,338,000 (33.06%)

Liabilities Current

$127,090,000 (-1.90%)

$129,557,000 (9.70%)

$118,104,000 (12.13%)

$105,330,000 (38.84%)

Liabilities Non-Current

$151,435,000 (-0.70%)

$152,504,000 (317.32%)

$36,544,000 (17.85%)

$31,008,000 (16.60%)

WRBY Income Statement (MRY)


Metric

2023

2022

2021

2020

Revenues

$669,765,000 (11.98%)

$598,112,000 (10.60%)

$540,798,000 (37.36%)

$393,719,000 (6.28%)

Cost of Revenue

$304,541,000 (18.48%)

$257,050,000 (15.24%)

$223,049,000 (37.87%)

$161,784,000 (9.79%)

Selling General & Administrative Expense

$437,220,000 (-3.33%)

$452,265,000 (-1.98%)

$461,410,000 (60.45%)

$287,567,000 (27.94%)

Research & Development Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Operating Expenses

$437,220,000 (-3.33%)

$452,265,000 (-1.98%)

$461,410,000 (60.45%)

$287,567,000 (27.94%)

Interest Expense

-$9,232,000 (-606.35%)

-$1,307,000 (-476.66%)

$347,000 (257.73%)

$97,000 (105.00%)

Income Tax Expense

$433,000 (-12.88%)

$497,000 (88.97%)

$263,000 (38.42%)

$190,000 (-31.16%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

-$63,197,000 (42.75%)

-$110,393,000 (23.48%)

-$144,271,000 (-158.00%)

-$55,919,000 (0%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

-$63,197,000 (42.75%)

-$110,393,000 (23.48%)

-$144,271,000 (-158.00%)

-$55,919,000 (0%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$13,137,000 (0%)

$0 (0%)

Net Income Common Stock

-$63,197,000 (42.75%)

-$110,393,000 (29.87%)

-$157,408,000 (-181.49%)

-$55,919,000 (2.81%)

Weighted Average Shares

$117,389,012 (2.13%)

$114,942,019 (61.32%)

$71,249,257 (34.35%)

$53,033,936 (1.16%)

Weighted Average Shares Diluted

$117,389,012 (2.13%)

$114,942,019 (61.32%)

$71,249,257 (34.35%)

$53,033,936 (1.16%)

Earning Before Interest & Taxes (EBIT)

-$71,996,000 (35.26%)

-$111,203,000 (22.59%)

-$143,661,000 (-158.23%)

-$55,632,000 (-3245.28%)

Gross Profit

$365,224,000 (7.08%)

$341,062,000 (7.34%)

$317,749,000 (37.00%)

$231,935,000 (3.96%)

Operating Income

-$71,996,000 (35.26%)

-$111,203,000 (22.59%)

-$143,661,000 (-158.23%)

-$55,632,000 (-3245.28%)

WRBY Cash Flow Statement (MRY)


Metric

2023

2022

2021

2020

Net Cash Flow from Investing

-$54,671,000 (9.16%)

-$60,181,000 (-24.05%)

-$48,513,000 (-141.72%)

-$20,070,000 (38.50%)

Net Cash Flow from Financing

$2,871,000 (-12.76%)

$3,291,000 (-85.69%)

$22,999,000 (-90.65%)

$245,936,000 (395.02%)

Net Cash Flow from Operations

$60,991,000 (488.15%)

$10,370,000 (132.41%)

-$31,994,000 (-197.67%)

$32,758,000 (53.12%)

Net Cash Flow / Change in Cash & Cash Equivalents

$8,309,000 (117.37%)

-$47,831,000 (17.06%)

-$57,669,000 (-122.30%)

$258,661,000 (374.11%)

Net Cash Flow - Business Acquisitions and Disposals

-$1,000,000 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Capital Expenditure

-$53,671,000 (10.82%)

-$60,181,000 (-24.05%)

-$48,513,000 (-141.72%)

-$20,070,000 (38.50%)

Issuance (Repayment) of Debt Securities

$0 (0%)

$91,000 (-99.71%)

$31,612,000 (3245.19%)

$945,000 (60.17%)

Issuance (Purchase) of Equity Shares

$2,871,000 (-10.28%)

$3,200,000 (-73.22%)

$11,950,000 (798.50%)

$1,330,000 (101.68%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

-$882,000 (32.72%)

-$1,311,000 (-714.29%)

-$161,000 (-535.14%)

$37,000 (-84.39%)

Share Based Compensation

$70,509,000 (-28.08%)

$98,032,000 (-8.51%)

$107,148,000 (138.57%)

$44,913,000 (428.45%)

Depreciation Amortization & Accretion

$41,449,000 (30.08%)

$31,864,000 (47.85%)

$21,551,000 (21.33%)

$17,763,000 (22.37%)

WRBY Financial Metrics (MRY)


Metric

2023

2022

2021

2020

Gross Margin

54.50% (-4.39%)

57.00% (-3.06%)

58.80% (-0.17%)

58.90% (-2.16%)

Profit Margin

-9.40% (49.19%)

-18.50% (36.43%)

-29.10% (-104.93%)

-14.20% (8.39%)

EBITDA Margin

-4.60% (65.41%)

-13.30% (41.15%)

-22.60% (-135.42%)

-9.60% (-374.29%)

Return on Average Equity (ROAE)

-21.00% (46.15%)

-39.00% (89.11%)

-358.10% (-1339.10%)

28.90%

Return on Average Assets (ROAA)

-11.10% (44.50%)

-20.00% (43.82%)

-35.60% (-97.78%)

-18.00%

Return on Sales (ROS)

-10.70% (42.47%)

-18.60% (30.08%)

-26.60% (-88.65%)

-14.10% (-3425.00%)

Return on Invested Capital (ROIC)

-17.60% (39.73%)

-29.20% (90.70%)

-314.10% (-97.30%)

-159.20%

Dividend Yield

0% (0%)

0% (0%)

0%

-

Price to Earnings Ratio (P/E)

-26.11 (-85.82%)

-14.05 (33.30%)

-21.07

-

Price to Sales Ratio (P/S)

2.47 (-4.67%)

2.59 (-57.74%)

6.13

-

Price to Book Ratio (P/B)

5.5 (1.01%)

5.44 (-70.47%)

18.43

-

Debt to Equity Ratio (D/E)

0.92 (-6.20%)

0.98 (81.89%)

0.54 (178.63%)

-0.69 (-27.17%)

Earnings Per Share (EPS)

-0.54 (43.75%)

-0.96 (56.56%)

-2.21 (-110.48%)

-1.05 (4.55%)

Sales Per Share (SPS)

5.71 (9.65%)

5.2 (-31.44%)

7.59 (2.24%)

7.42 (5.05%)

Free Cash Flow Per Share (FCFPS)

0.06 (114.32%)

-0.43 (61.68%)

-1.13 (-572.80%)

0.24 (211.68%)

Book Value Per Share (BVPS)

2.57 (3.09%)

2.49 (-37.87%)

4.01 (207.47%)

-3.73 (-3.35%)

Tangible Assets Book Value Per Share (TABVPS)

4.94 (-0.10%)

4.95 (-20.00%)

6.18 (-26.25%)

8.39 (150.03%)

Enterprise Value Over EBIT (EV/EBIT)

-22 (-57.14%)

-14 (60.00%)

-35

-

Enterprise Value Over EBITDA (EV/EBITDA)

-52.8 (-172.91%)

-19.35 (52.78%)

-40.98

-

Asset Turnover

1.18 (8.67%)

1.08 (-11.29%)

1.22 (-3.70%)

1.27

Current Ratio

2.35 (3.34%)

2.27 (-18.11%)

2.78 (-18.73%)

3.42 (182.86%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

$7,320,000 (114.70%)

-$49,811,000 (38.13%)

-$80,507,000 (-734.51%)

$12,688,000 (212.90%)

Enterprise Value (EV)

$1,612,938,250 (5.08%)

$1,535,016,907 (-69.32%)

$5,003,562,316

-

Earnings Before Tax (EBT)

-$62,764,000 (42.89%)

-$109,896,000 (23.69%)

-$144,008,000 (-158.41%)

-$55,729,000 (-20291.67%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

-$30,547,000 (61.50%)

-$79,339,000 (35.03%)

-$122,110,000 (-222.45%)

-$37,869,000 (-394.63%)

Invested Capital

$410,785,000 (1.69%)

$403,943,000 (510.87%)

$66,126,000 (161.00%)

$25,336,000 (-43.15%)

Working Capital

$171,529,000 (3.95%)

$165,011,000 (-21.38%)

$209,876,000 (-17.57%)

$254,603,000 (1509.68%)

Tangible Asset Value

$580,312,000 (2.04%)

$568,707,000 (29.06%)

$440,646,000 (-0.92%)

$444,751,000 (152.91%)

Market Capitalization

$1,658,721,250 (6.34%)

$1,559,768,907 (-70.40%)

$5,269,799,316

-

Average Equity

$301,201,500 (6.29%)

$283,379,750 (544.77%)

$43,950,500 (122.68%)

-$193,775,000

Average Assets

$568,695,250 (3.07%)

$551,770,500 (24.64%)

$442,698,500 (42.67%)

$310,303,500

Invested Capital Average

$410,062,500 (7.53%)

$381,341,750 (733.88%)

$45,731,000 (30.85%)

$34,950,500

Shares

117,639,805 (1.74%)

115,624,085 (2.16%)

113,182,975 (5.42%)

107,368,270