AKA BRANDS HOLDING CORP

For the period ended Jun 30, 2024. Filed Aug 7, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Aug 7, 2024

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

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed Consolidated Statements of Income

(in thousands, except share and per share amounts)

	Three Months Ended June 30,		Six Months Ended June 30,
	2024	2023	2024	2023
Net sales	$148,931	$136,028	$265,771	$256,513
Cost of sales	62,962	58,672	114,128	110,657
Gross profit	85,969	77,356	151,643	145,856
Operating expenses:
Selling	41,191	35,932	75,406	70,338
Marketing	18,275	18,354	33,154	33,131
General and administrative	25,867	24,191	48,540	50,059
Total operating expenses	85,333	78,477	157,100	153,528
Income (loss) from operations	636	(1,121)	(5,457)	(7,672)
Other expense, net:
Interest expense	(2,676)	(2,841)	(4,954)	(5,692)
Other income (expense)	245	(750)	(298)	(1,784)
Total other expense, net	(2,431)	(3,591)	(5,252)	(7,476)
Loss before income taxes	(1,795)	(4,712)	(10,709)	(15,148)
(Provision for) benefit from income taxes	(466)	(328)	(485)	555
Net loss	$(2,261)	$(5,040)	$(11,194)	$(14,593)
Net loss per share:
Basic and diluted*	$(0.22)	$(0.47)	$(1.07)	$(1.36)
Weighted average shares outstanding:
Basic and diluted*	10,501,057	10,761,511	10,509,810	10,757,470

*Amounts for the three and six months ended June 30, 2023, adjusted for the one-for-12 Reverse Stock Split. Refer to Note 13, “Stockholders’ Equity.”

ContentsView on SEC.gov

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