Fox Factory (FOXF) stock price, revenue, and financials

Fox Factory market cap is $1.7 b, and annual revenue was $619.23 m in FY 2018

$1.7 B

FOXF Mkt cap, 07-Apr-2020

$619.2 M

Fox Factory Revenue FY, 2018
Fox Factory Gross profit (FY, 2018)205.5 M
Fox Factory Gross profit margin (FY, 2018), %33.2%
Fox Factory Net income (FY, 2018)84 M
Fox Factory EBIT (FY, 2018)94.5 M
Fox Factory Cash, 28-Dec-201828 M
Fox Factory EV1.7 B

Fox Factory Revenue

Fox Factory revenue was $619.23 m in FY, 2018

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Fox Factory Revenue Breakdown

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Fox Factory revenue breakdown by geographic segment: 46.5% from United States, 19.1% from Europe, 25.1% from Asia and 9.3% from Rest of the World

Fox Factory Income Statement

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

272.7m306.7m366.8m403.1m475.6m619.2m

Revenue growth, %

12%20%10%

Cost of goods sold

192.6m212.3m254.8m276.7m321.1m413.7m

Gross profit

80.1m94.4m112.0m126.4m154.5m205.5m

Gross profit Margin, %

29%31%31%31%32%33%

Sales and marketing expense

14.2m19.2m23.2m25.8m27.9m37.3m

R&D expense

10.4m13.6m17.0m18.5m20.2m25.8m

General and administrative expense

11.4m17.7m21.1m27.7m34.9m41.8m

Operating expense total

41.3m59.8m76.7m80.8m87.4m111.0m

Depreciation and amortization

5.4m6.4m8.5m3.0m3.0m6.1m

EBIT

38.8m34.6m35.3m45.5m67.0m94.5m

EBIT margin, %

14%11%10%11%14%15%

Interest expense

4.1m999.0k1.5m2.1m2.4m3.1m

Pre tax profit

34.7m34.3m34.2m43.1m64.3m90.9m

Income tax expense

10.6m6.6m9.3m7.4m21.1m5.5m

Net Income

24.1m27.7m25.0m35.7m43.1m84.0m

Quarterly

USDQ2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

70.3m82.3m56.1m86.4m90.1m67.8m97.2m106.2m80.2m102.3m109.0m106.3m120.8m127.4m129.8m156.8m175.8m

Cost of goods sold

50.0m57.0m39.1m59.4m61.6m49.0m67.3m71.4m55.1m70.0m74.1m72.6m81.8m84.8m88.1m104.4m115.3m

Gross profit

20.4m25.3m17.0m27.0m28.5m18.8m29.9m34.8m25.1m32.3m34.9m33.7m39.1m42.6m41.6m52.4m60.5m

Gross profit Margin, %

29%31%30%31%32%28%31%33%31%32%32%32%32%33%32%33%34%

Sales and marketing expense

3.5m3.6m3.8m5.1m5.3m5.3m6.1m6.0m6.6m6.5m6.4m6.6m7.1m6.9m8.7m9.8m9.6m

R&D expense

2.6m2.5m3.1m3.6m3.5m3.4m4.2m4.6m4.4m4.6m4.7m4.5m5.0m5.5m6.2m6.1m6.8m

General and administrative expense

2.8m3.1m3.9m4.8m4.2m4.6m4.9m5.9m5.9m7.1m7.1m8.1m8.1m9.1m9.2m10.8m11.2m

Operating expense total

10.2m10.6m12.3m15.2m14.6m17.2m19.3m21.0m19.4m21.0m19.8m21.3m20.9m22.2m25.7m28.1m29.0m

Depreciation and amortization

1.3m1.3m1.4m1.7m1.7m1.8m1.8m2.8m795.0k782.0k712.0k695.0k696.0k697.0k1.6m1.5m1.5m

EBIT

10.1m14.8m4.7m11.7m13.9m1.5m10.5m13.8m5.7m11.3m15.1m12.4m18.2m20.4m16.0m24.3m31.5m

EBIT margin, %

14%18%8%14%15%2%11%13%7%11%14%12%15%16%12%15%18%

Interest expense

997.0k2.0m110.0k321.0k291.0k330.0k414.0k422.0k383.0k576.0k555.0k588.0k505.0k602.0k798.0k832.0k748.0k

Pre tax profit

9.1m12.8m4.7m11.5m13.6m1.2m10.1m13.6m4.4m10.7m15.0m11.3m17.8m20.0m14.9m23.5m30.5m

Income tax expense

3.4m2.9m1.7m(41.0k)3.3m454.0k3.4m3.0m1.1m1.8m1.4m756.0k4.0m3.9m(6.6m)4.7m5.8m

Net Income

5.7m9.9m2.9m11.6m10.3m770.0k6.8m10.6m3.3m8.9m13.7m10.5m13.7m16.1m21.2m18.4m24.3m

Fox Factory Balance Sheet

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

1.7m4.2m6.9m35.3m35.9m28.0m

Accounts Receivable

33.8m39.2m43.7m61.6m61.1m78.9m

Prepaid Expenses

2.6m5.7m13.1m21.1m18.0m

Inventories

42.8m59.2m68.2m71.2m84.8m107.1m

Current Assets

84.4m112.6m131.9m182.9m202.9m231.9m

PP&E

13.4m20.3m26.1m32.3m43.6m64.8m

Goodwill

31.9m58.7m57.7m57.8m88.4m88.9m

Total Assets

157.7m258.4m278.5m335.6m428.3m485.3m

Accounts Payable

24.3m30.4m32.1m42.1m40.8m55.1m

Short-term debt

2.8m2.8m3.6m5.0m6.9m

Current Liabilities

44.5m60.8m74.0m87.0m86.2m96.8m

Long-term debt

8.0m47.2m45.8m156.7m52.5m

Total Debt

8.0m50.0m4.3m3.6m40.6m6.9m

Total Liabilities

65.4m129.6m126.2m150.7m180.5m149.8m

Common Stock

36.0k37.0k37.0k38.0k38.0k

Preferred Stock

Additional Paid-in Capital

87.8m97.0m102.9m108.0m112.8m116.0m

Retained Earnings

4.5m32.2m57.1m92.8m135.9m219.7m

Total Equity

92.3m128.8m152.3m184.9m234.8m321.2m

Debt to Equity Ratio

0.1 x0 x0 x0.2 x0 x

Debt to Assets Ratio

0.1 x0 x0 x0.1 x0 x

Financial Leverage

1.7 x2 x1.8 x1.8 x1.8 x1.5 x

Quarterly

USDQ2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

184.0k3.5m2.0m1.9m1.9m7.2m6.2m5.1m9.3m10.1m15.7m43.0m43.3m36.8m22.2m22.7m32.8m

Accounts Receivable

40.4m39.2m30.7m39.3m40.6m31.4m51.7m57.1m33.9m56.7m58.6m50.4m63.1m69.3m56.8m77.9m84.9m

Prepaid Expenses

4.5m2.5m4.6m4.5m4.8m7.2m10.3m11.4m14.6m15.6m18.4m16.7m12.1m15.6m24.1m16.5m20.7m

Inventories

51.0m46.4m58.4m63.1m54.9m70.6m78.8m78.3m75.0m80.9m78.1m79.5m89.5m92.0m91.3m95.4m104.8m

Current Assets

99.7m95.0m99.3m112.5m106.8m120.9m154.3m160.2m132.7m163.3m170.8m189.6m208.0m213.6m194.4m212.5m243.2m

PP&E

12.5m12.5m18.1m18.6m19.2m20.5m22.4m24.6m29.3m30.5m31.0m33.5m34.9m37.5m45.7m48.4m57.5m

Goodwill

31.4m31.4m45.3m43.9m44.0m59.2m59.2m57.7m57.7m57.7m57.7m57.8m57.8m57.9m88.4m88.4m88.7m

Total Assets

174.5m167.8m223.8m236.3m229.3m265.2m298.6m305.6m282.4m318.8m324.6m345.3m368.7m376.7m423.8m445.3m483.9m

Accounts Payable

35.2m22.4m26.7m30.5m24.8m40.7m44.3m49.4m40.4m49.6m41.0m40.7m51.1m47.3m47.0m58.3m75.8m

Short-term debt

3.0m2.5m2.5m2.5m2.8m2.8m2.8m3.1m3.6m3.6m3.6m4.1m4.6m5.5m5.5m5.5m

Current Liabilities

56.6m41.8m46.5m51.1m54.1m70.3m83.6m89.8m71.8m88.6m80.8m82.1m93.2m86.1m79.4m97.7m115.8m

Long-term debt

38.7m24.5m47.5m42.9m28.3m46.5m65.7m57.0m54.1m69.9m69.0m62.2m60.8m59.4m73.7m60.4m53.9m

Total Debt

41.7m24.5m2.5m2.5m2.5m2.8m22.8m14.8m14.6m3.6m3.6m3.6m4.1m4.6m39.5m15.7m5.5m

Total Liabilities

134.5m81.2m125.5m124.1m104.5m138.1m163.5m161.0m132.6m159.1m150.4m144.7m154.4m146.1m153.7m158.6m170.2m

Common Stock

33.0k36.0k36.0k36.0k37.0k37.0k37.0k37.0k37.0k37.0k37.0k37.0k37.0k38.0k38.0k38.0k38.0k

Preferred Stock

Additional Paid-in Capital

50.3m87.0m90.8m93.1m95.6m94.6m95.8m95.5m104.3m105.3m106.3m111.8m111.9m111.8m112.5m112.0m113.6m

Retained Earnings

(10.3m)(424.0k)7.4m19.0m29.3m32.9m39.7m50.3m60.4m69.3m83.0m103.3m117.1m133.1m156.9m175.2m199.6m

Total Equity

40.0m86.6m98.3m112.2m124.8m127.1m135.1m144.6m149.8m159.7m174.2m200.5m214.3m230.6m255.9m272.5m298.8m

Debt to Equity Ratio

0.3 x0 x0 x0 x0 x0.2 x0.1 x0.1 x0 x0 x0 x0 x0 x0.2 x0.1 x0 x

Debt to Assets Ratio

0.1 x0 x0 x0 x0 x0.1 x0 x0.1 x0 x0 x0 x0 x0 x0.1 x0 x0 x

Financial Leverage

4.4 x1.9 x2.3 x2.1 x1.8 x2.1 x2.2 x2.1 x1.9 x2 x1.9 x1.7 x1.7 x1.6 x1.7 x1.6 x1.6 x

Fox Factory Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

24.1m27.7m25.0m35.7m43.2m85.4m

Depreciation and Amortization

7.8m9.7m13.1m8.8m10.3m14.7m

Accounts Receivable

(8.5m)(635.0k)(5.5m)(17.9m)3.6m(19.0m)

Inventories

(7.4m)(1.2m)(11.1m)(3.0m)(8.3m)(23.0m)

Accounts Payable

3.6m1.4m2.1m9.6m2.2m15.2m

Cash From Operating Activities

22.6m32.9m30.0m38.8m48.2m65.4m

Purchases of PP&E

(3.9m)(4.6m)(10.9m)(12.0m)(16.9m)(30.2m)

Cash From Investing Activities

(5.0m)(76.8m)(13.2m)(12.2m)(70.5m)(30.2m)

Long-term Borrowings

(20.5m)(26.6m)(35.5m)(12.5m)(7.0m)(60.6m)

Dividends Paid

Cash From Financing Activities

(15.9m)46.7m(14.1m)1.8m22.0m(43.4m)

Net Change in Cash

1.7m2.5m2.7m28.3m667.0k(8.0m)

Interest Paid

2.6m809.0k1.3m1.8m2.0m2.8m

Income Taxes Paid

10.8m9.3m15.9m8.9m16.0m24.6m

Quarterly

USDQ2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

9.3m19.2m2.9m14.5m24.8m770.0k7.5m18.1m3.3m12.2m25.9m10.5m24.3m40.3m21.5m40.3m65.0m

Depreciation and Amortization

3.8m5.8m2.0m4.5m7.1m2.9m5.8m9.7m2.0m4.1m6.4m2.4m4.7m7.3m3.5m7.1m10.9m

Accounts Receivable

(15.2m)(13.9m)5.1m(4.0m)(5.3m)7.9m(12.4m)(19.1m)10.0m(13.1m)(14.3m)12.5m(295.0k)(6.5m)4.7m(17.8m)(24.8m)

Inventories

(16.8m)(12.1m)(7.0m)(11.8m)(3.9m)(12.4m)(20.6m)(21.9m)(6.4m)(12.6m)(9.4m)(7.5m)(17.4m)(19.8m)(6.0m)(10.9m)(20.4m)

Accounts Payable

14.2m2.6m2.4m6.0m330.0k10.4m13.9m19.3m7.9m17.3m8.1m3.5m14.0m10.1m5.7m18.4m35.7m

Cash From Operating Activities

(4.0m)5.1m(396.0k)4.1m18.7m9.6m329.0k13.1m5.2m810.0k11.2m9.2m21.0m22.0m11.0m32.9m60.8m

Purchases of PP&E

(1.8m)(2.5m)(940.0k)(2.2m)(3.7m)(1.5m)(4.6m)(8.2m)(4.4m)(6.9m)(9.0m)(2.7m)(5.3m)(10.1m)(4.0m)(9.0m)(20.4m)

Cash From Investing Activities

(1.8m)(2.5m)(43.2m)(44.4m)(45.8m)(2.3m)(5.3m)(8.8m)(4.4m)(6.9m)(9.2m)(2.8m)(5.3m)(10.2m)(4.0m)(9.0m)(20.4m)

Short-term Borrowings

(8.8m)

Long-term Borrowings

(4.0m)(17.0m)(21.0m)(23.0m)(6.0m)(14.0m)(22.0m)(6.0m)(9.0m)(12.5m)(18.6m)(30.5m)(35.6m)

Cash From Financing Activities

6.0m866.0k43.9m40.5m27.3m(4.1m)7.1m(3.2m)1.4m9.0m7.6m941.0k(7.7m)(11.0m)(20.9m)(36.9m)(43.4m)

Net Change in Cash

169.0k3.5m319.0k173.0k254.0k3.0m2.0m888.0k2.3m3.2m8.7m7.7m8.1m1.5m(13.7m)(13.3m)(3.1m)

Interest Paid

1.7m2.4m72.0k342.0k586.0k275.0k641.0k1.0m310.0k774.0k1.2m512.0k973.0k1.5m853.0k1.6m2.2m

Income Taxes Paid

2.9m7.0m1.4m2.5m6.8m1.1m4.6m8.3m4.3m5.8m11.4m4.9m548.0k11.9m6.7m11.7m17.7m

Fox Factory Ratios

USDY, 2018

EV/EBIT

18.2 x

EV/CFO

26.3 x

Revenue/Employee

302.4k

Financial Leverage

1.5 x

Fox Factory Operating Metrics

Fox Factory's Backlog was reported to be $36m in FY, 2016. Fox Factory's Customers was reported to be 200 in FY, 2016.
FY, 2014Q3, 2015FY, 2015FY, 2016

Backlog

$23.90 m$31.70 m$36 m

Customers

150 150 200 200

Dealers

3 k3 k5 k5 k

Manufacturing Facilities

4 4

Patents Issued

71

Patents Pending

70

Fox Factory Employee Rating

3.352 votes
Culture & Values
3.1
Work/Life Balance
3.1
Senior Management
2.7
Salary & Benefits
2.5
Career Opportunities
2.8
Source