AKA BRANDS HOLDING CORP

For the period ended Dec 31, 2023. Filed Mar 7, 2024.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Mar 7, 2024

AKA$9.01-7.1%Stored close · as of Nov 10, 2026

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Contents

CONSOLIDATED STATEMENTS OF INCOME

(in thousands, except share and per share amounts)

	Year Ended December 31,
	2023	2022	2021
Net sales	$546,258	$611,738	$562,191
Cost of sales	245,978	274,491	254,527
Gross profit	300,280	337,247	307,664
Operating expenses:
Selling	149,307	166,070	144,345
Marketing	68,907	66,730	58,120
General and administrative	96,951	102,700	88,816
Goodwill impairment	68,524	173,786	—
Total operating expenses	383,689	509,286	291,281
(Loss) income from operations	(83,409)	(172,039)	16,383
Other expense, net:
Interest expense	(11,165)	(7,043)	(9,485)
Loss on extinguishment of debt	—	—	(10,924)
Other expense	(2,391)	(1,532)	(1,213)
Total other expense, net	(13,556)	(8,575)	(21,622)
Loss before income taxes	(96,965)	(180,614)	(5,239)
(Provision for) benefit from income tax	(1,921)	3,917	(852)
Net loss	(98,886)	(176,697)	(6,091)
Net loss attributable to noncontrolling interests	—	—	123
Net loss attributable to a.k.a. Brands Holding Corp.	$(98,886)	$(176,697)	$(5,968)
Net loss per share, basic and diluted*	$(9.24)	$(16.47)	$(0.77)
Weighted average shares outstanding, basic and diluted*	10,707,024	10,726,392	7,769,281

*Adjusted for the one-for-12 Reverse Stock Split. Refer to Note 14, “Stockholders’ Equity.”

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.