AKA BRANDS HOLDING CORP
For the period ended Dec 31, 2024. Filed Mar 6, 2025.
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FY2024 · Filed Mar 6, 2025
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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CONSOLIDATED STATEMENTS OF INCOME
(in thousands, except share and per share amounts)
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Net sales | $574,697 | $546,258 | $611,738 |
| Cost of sales | 247,192 | 245,978 | 274,491 |
| Gross profit | 327,505 | 300,280 | 337,247 |
| Operating expenses: | |||
| Selling | 161,852 | 149,307 | 166,070 |
| Marketing | 74,710 | 68,907 | 66,730 |
| General and administrative | 101,264 | 96,951 | 102,700 |
| Goodwill impairment | — | 68,524 | 173,786 |
| Total operating expenses | 337,826 | 383,689 | 509,286 |
| Loss from operations | (10,321) | (83,409) | (172,039) |
| Other expense, net: | |||
| Interest expense | (10,296) | (11,165) | (7,043) |
| Other expense | (1,044) | (2,391) | (1,532) |
| Total other expense, net | (11,340) | (13,556) | (8,575) |
| Loss before income taxes | (21,661) | (96,965) | (180,614) |
| (Provision for) benefit from income tax | (4,329) | (1,921) | 3,917 |
| Net loss | $(25,990) | $(98,886) | $(176,697) |
| Net loss per share, basic and diluted* | $(2.46) | $(9.24) | $(16.47) |
| Weighted average shares outstanding, basic and diluted* | 10,567,656 | 10,707,024 | 10,726,392 |
*Adjusted for the one-for-12 Reverse Stock Split. Refer to Note 13, “Stockholders’ Equity.”
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