RENT: Rent The Runway Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Rent The Runway Inc (RENT).
$31.37M Market Cap.
RENT Market Cap. (MRY)
RENT Shares Outstanding (MRY)
RENT Assets (MRY)
Total Assets
$240.00M
Total Liabilities
$422.50M
Total Investments
$0
RENT Income (MRY)
Revenue
$306.20M
Net Income
-$69.90M
Operating Expense
$246.20M
RENT Cash Flow (MRY)
CF Operations
$12.90M
CF Investing
-$20.10M
CF Financing
-$300.00K
RENT Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Total Assets | $240,000,000 (-13.82%) | $278,500,000 (-17.16%) | $336,200,000 (-24.87%) | $447,500,000 (39.54%) |
Assets Current | $93,900,000 (-8.12%) | $102,200,000 (-40.62%) | $172,100,000 (-34.98%) | $264,700,000 (156.00%) |
Assets Non-Current | $146,100,000 (-17.13%) | $176,300,000 (7.43%) | $164,100,000 (-10.23%) | $182,800,000 (-15.88%) |
Goodwill & Intangible Assets | $2,400,000 (-29.41%) | $3,400,000 (-17.07%) | $4,100,000 (-35.94%) | $6,400,000 (-17.95%) |
Shareholders Equity | -$182,500,000 (-49.22%) | -$122,300,000 (-246.46%) | -$35,300,000 (-149.65%) | $71,100,000 (113.50%) |
Property Plant & Equipment Net | $133,700,000 (-18.28%) | $163,600,000 (8.99%) | $150,100,000 (-9.03%) | $165,000,000 (-16.33%) |
Cash & Equivalents | $86,500,000 (-7.98%) | $94,000,000 (-42.54%) | $163,600,000 (-36.98%) | $259,600,000 (137.73%) |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $10,200,000 (-6.42%) | $10,900,000 (-9.17%) | $12,000,000 (15.38%) | $10,400,000 (85.71%) |
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 | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Payables | $6,200,000 (6.90%) | $5,800,000 (-53.23%) | $12,400,000 (-22.01%) | $15,900,000 (120.83%) |
Accumulated Retained Earnings (Deficit) | -$1,123,000,000 (-6.64%) | -$1,053,100,000 (-12.04%) | -$939,900,000 (-17.31%) | -$801,200,000 (-35.93%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $379,400,000 (6.75%) | $355,400,000 (12.75%) | $315,200,000 (0.77%) | $312,800,000 (-24.32%) |
Debt Current | $4,700,000 (38.24%) | $3,400,000 (-22.73%) | $4,400,000 (-21.43%) | $5,600,000 (-16.42%) |
Debt Non-Current | $374,700,000 (6.45%) | $352,000,000 (13.26%) | $310,800,000 (1.17%) | $307,200,000 (-24.45%) |
Total Liabilities | $422,500,000 (5.41%) | $400,800,000 (7.89%) | $371,500,000 (-1.30%) | $376,400,000 (-18.05%) |
Liabilities Current | $47,400,000 (-1.46%) | $48,100,000 (-19.83%) | $60,000,000 (-12.79%) | $68,800,000 (69.46%) |
Liabilities Non-Current | $375,100,000 (6.35%) | $352,700,000 (13.23%) | $311,500,000 (1.27%) | $307,600,000 (-26.53%) |
RENT Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Revenues | $306,200,000 (2.68%) | $298,200,000 (0.61%) | $296,400,000 (45.79%) | $203,300,000 (29.08%) |
Cost of Revenue | $107,500,000 (16.22%) | $92,500,000 (9.86%) | $84,200,000 (17.43%) | $71,700,000 (-19.44%) |
Selling General & Administrative Expense | $115,000,000 (-13.40%) | $132,800,000 (-7.84%) | $144,100,000 (10.08%) | $130,900,000 (53.46%) |
Research & Development Expense | $35,700,000 (-27.29%) | $49,100,000 (-11.37%) | $55,400,000 (22.30%) | $45,300,000 (20.16%) |
Operating Expenses | $246,200,000 (-13.83%) | $285,700,000 (-9.53%) | $315,800,000 (22.64%) | $257,500,000 (29.40%) |
Interest Expense | $24,200,000 (-28.19%) | $33,700,000 (-8.42%) | $36,800,000 (-30.57%) | $53,000,000 (13.73%) |
Income Tax Expense | $300,000 (50.00%) | $200,000 (200.00%) | -$200,000 (33.33%) | -$300,000 (0%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$69,900,000 (38.25%) | -$113,200,000 (18.39%) | -$138,700,000 (34.51%) | -$211,800,000 (-23.79%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$69,900,000 (38.25%) | -$113,200,000 (18.39%) | -$138,700,000 (34.51%) | -$211,800,000 (-23.79%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$69,900,000 (38.25%) | -$113,200,000 (18.39%) | -$138,700,000 (34.51%) | -$211,800,000 (-23.79%) |
Weighted Average Shares | $3,776,633 (10.48%) | $3,418,382 (6.40%) | $3,212,746 (158.32%) | $1,243,703 (123.31%) |
Weighted Average Shares Diluted | $3,776,633 (10.48%) | $3,418,382 (6.40%) | $3,212,746 (158.32%) | $1,243,703 (123.31%) |
Earning Before Interest & Taxes (EBIT) | -$45,400,000 (42.75%) | -$79,300,000 (22.33%) | -$102,100,000 (35.83%) | -$159,100,000 (-27.79%) |
Gross Profit | $198,700,000 (-3.40%) | $205,700,000 (-3.06%) | $212,200,000 (61.25%) | $131,600,000 (92.12%) |
Operating Income | -$47,500,000 (40.63%) | -$80,000,000 (22.78%) | -$103,600,000 (17.71%) | -$125,900,000 (3.52%) |
RENT Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Net Cash Flow from Investing | -$20,100,000 (63.19%) | -$54,600,000 (-23.25%) | -$44,300,000 (-96.89%) | -$22,500,000 (61.47%) |
Net Cash Flow from Financing | -$300,000 (-142.86%) | $700,000 (117.50%) | -$4,000,000 (-101.86%) | $215,200,000 (27.72%) |
Net Cash Flow from Operations | $12,900,000 (182.17%) | -$15,700,000 (67.09%) | -$47,700,000 (-12.77%) | -$42,300,000 (1.17%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$7,500,000 (89.22%) | -$69,600,000 (27.50%) | -$96,000,000 (-163.83%) | $150,400,000 (123.48%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$20,100,000 (63.19%) | -$54,600,000 (-23.25%) | -$44,300,000 (-96.89%) | -$22,500,000 (61.47%) |
Issuance (Repayment) of Debt Securities | $2,000,000 (25.00%) | $1,600,000 (0%) | $0 (0%) | -$134,700,000 (-221.35%) |
Issuance (Purchase) of Equity Shares | $0 (0%) | $0 (0%) | $0 (0%) | $330,600,000 (66020.00%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $9,700,000 (-62.98%) | $26,200,000 (3.15%) | $25,400,000 (-4.51%) | $26,600,000 (224.39%) |
Depreciation Amortization & Accretion | $58,700,000 (0.00%) | $58,700,000 (-6.23%) | $62,600,000 (-3.84%) | $65,100,000 (-18.63%) |
RENT Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Gross Margin | 64.90% (-5.94%) | 69.00% (-3.63%) | 71.60% (10.66%) | 64.70% (48.74%) |
Profit Margin | -22.80% (40.00%) | -38.00% (18.80%) | -46.80% (55.09%) | -104.20% (4.05%) |
EBITDA Margin | 4.30% (162.32%) | -6.90% (48.12%) | -13.30% (71.21%) | -46.20% (-63.25%) |
Return on Average Equity (ROAE) | 43.00% (-66.06%) | 126.70% (-96.23%) | 3362.40% (3515.48%) | 93.00% (142.19%) |
Return on Average Assets (ROAA) | -27.20% (26.68%) | -37.10% (-0.27%) | -37.00% (32.85%) | -55.10% (4.01%) |
Return on Sales (ROS) | -14.80% (44.36%) | -26.60% (22.67%) | -34.40% (56.07%) | -78.30% (0.89%) |
Return on Invested Capital (ROIC) | -9.40% (45.66%) | -17.30% (28.81%) | -24.30% (23.58%) | -31.80% (-29.27%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% |
Price to Earnings Ratio (P/E) | -0.44 (-17.79%) | -0.37 (81.33%) | -1.99 (-193.07%) | -0.68 |
Price to Sales Ratio (P/S) | 0.1 (-29.08%) | 0.14 (-84.84%) | 0.93 (31.73%) | 0.71 |
Price to Book Ratio (P/B) | -0.17 (51.27%) | -0.35 (95.53%) | -7.9 (-254.46%) | 5.12 |
Debt to Equity Ratio (D/E) | -2.31 (29.36%) | -3.28 (68.86%) | -10.52 (-298.79%) | 5.29 (707.11%) |
Earnings Per Share (EPS) | -18.51 (44.11%) | -33.12 (23.28%) | -43.17 (74.65%) | -170.3 (44.56%) |
Sales Per Share (SPS) | 81.08 (-7.06%) | 87.23 (-5.45%) | 92.26 (-43.56%) | 163.46 (-42.20%) |
Free Cash Flow Per Share (FCFPS) | -1.91 (90.73%) | -20.57 (28.18%) | -28.64 (45.04%) | -52.1 (71.33%) |
Book Value Per Share (BVPS) | -48.32 (-35.07%) | -35.78 (-225.63%) | -10.99 (-119.22%) | 57.17 (106.05%) |
Tangible Assets Book Value Per Share (TABVPS) | 62.91 (-21.82%) | 80.48 (-22.15%) | 103.37 (-70.85%) | 354.67 (-36.87%) |
Enterprise Value Over EBIT (EV/EBIT) | -7 (-133.33%) | -3 (25.00%) | -4 (-100.00%) | -2 |
Enterprise Value Over EBITDA (EV/EBITDA) | 24.16 (279.59%) | -13.45 (-29.10%) | -10.42 (-156.75%) | -4.06 |
Asset Turnover | 1.19 (22.01%) | 0.98 (23.67%) | 0.79 (49.34%) | 0.53 (0.19%) |
Current Ratio | 1.98 (-6.78%) | 2.13 (-25.91%) | 2.87 (-25.45%) | 3.85 (51.04%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$7,200,000 (89.76%) | -$70,300,000 (23.59%) | -$92,000,000 (-41.98%) | -$64,800,000 (35.97%) |
Enterprise Value (EV) | $321,268,297 (15.94%) | $277,091,573 (-32.67%) | $411,547,756 (7.90%) | $381,419,191 |
Earnings Before Tax (EBT) | -$69,600,000 (38.41%) | -$113,000,000 (18.65%) | -$138,900,000 (34.51%) | -$212,100,000 (-23.96%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $13,300,000 (164.56%) | -$20,600,000 (47.85%) | -$39,500,000 (57.98%) | -$94,000,000 (-111.24%) |
Invested Capital | $483,100,000 (-1.09%) | $488,400,000 (15.27%) | $423,700,000 (-0.42%) | $425,500,000 (-26.18%) |
Working Capital | $46,500,000 (-14.05%) | $54,100,000 (-51.74%) | $112,100,000 (-42.78%) | $195,900,000 (211.94%) |
Tangible Asset Value | $237,600,000 (-13.63%) | $275,100,000 (-17.16%) | $332,100,000 (-24.71%) | $441,100,000 (40.97%) |
Market Capitalization | $31,368,297 (-27.37%) | $43,191,573 (-84.52%) | $278,947,756 (-23.31%) | $363,719,191 |
Average Equity | -$162,375,000 (-81.68%) | -$89,375,000 (-2066.67%) | -$4,125,000 (98.19%) | -$227,800,000 (48.87%) |
Average Assets | $256,850,000 (-15.83%) | $305,150,000 (-18.70%) | $375,325,000 (-2.28%) | $384,100,000 (28.76%) |
Invested Capital Average | $484,375,000 (5.43%) | $459,425,000 (9.13%) | $421,000,000 (-15.96%) | $500,950,000 (-0.96%) |
Shares | 3,882,215 (10.41%) | 3,516,084 (8.15%) | 3,251,139 (3.15%) | 3,151,813 |