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Allbirds Inc
Previous close
$8.19
Day range
$7.98 - $8.37
Year range
$7.25 - $29.00
Market cap
63.93M USD
Avg Volume
82.83K
P/E ratio
-
Dividend yield
-
Primary exchange
NASDAQ
In the news
Financials
Income Statement
Revenue
Net income
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 43.00M | -24.89% |
Operating expense | 40.82M | -24.01% |
Net income | -21.18M | 32.93% |
Net profit margin | -49.25 | 10.71% |
Earnings per share | -2.65 | 28.09% |
EBITDA | -18.86M | 20.51% |
Effective tax rate | -0.41% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 78.63M | -40.65% |
Total assets | 221.91M | -41.61% |
Total liabilities | 94.57M | -34.18% |
Total equity | 127.34M | — |
Shares outstanding | 7.93M | — |
Price to book | 0.51 | — |
Return on assets | -23.57% | — |
Return on capital | -27.42% | — |
Cash Flow
Net change in cash
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Net income | -21.18M | 32.93% |
Cash from operations | -11.23M | -107.43% |
Cash from investing | 1.44M | 182.78% |
Cash from financing | 0.00 | -100.00% |
Net change in cash | -8.59M | -15.78% |
Free cash flow | -1.72M | -133.94% |
About
Allbirds is a New Zealand and American public benefit company that sells footwear and apparel, co-founded in 2014 by Tim Brown and Joey Zwillinger. The company is headquartered in San Francisco, California. Its business model has relied on direct-to-consumer commerce, although it also has brick and mortar commerce.
Allbirds was founded as part of a suite of corporations funded via Kickstarter such as Warby Parker, 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; this led to a reworking of the company's C-suite from 2022 to 2024. On April 8, 2024, the company received a non-compliance notice from Nasdaq for performing below $1 for over 30 consecutive days.
The company's shoes are known for their minimalist designs, association with environmental, social, and governance principles, and Silicon Valley. Wikipedia
CEO
Founded
2014
Headquarters
Website
Employees
600