Ironclad Performance Wear stock price, funding rounds, valuation and financials

Ironclad Performance Wear has raised $8.12 m in total funding. Ironclad Performance Wear annual revenue was $24.99 m in FY 2016

$4.5 M

Ironclad Performance Wear Revenue Q1, 2017
Ironclad Performance Wear Net income (Q1, 2017)-767.2 K
Ironclad Performance Wear Cash, 31-Mar-2017290.3 K

Ironclad Performance Wear Revenue

Ironclad Performance Wear revenue was $24.99 m in FY, 2016 which is a 6% year over year increase from the previous period.

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Ironclad Performance Wear Funding

Summary Metrics

Founding Date

1997

Ironclad Performance Wear total Funding

$8.1 m

Ironclad Performance Wear latest funding size

$8 m

Time since last funding

3 years ago

Ironclad Performance Wear investors

Ironclad Performance Wear's latest funding round in August 2017 was reported to be $8 m. In total, Ironclad Performance Wear has raised $8.1 m

Ironclad Performance Wear Capital Raised

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Ironclad Performance Wear Income Statement

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2015FY, 2016

Revenue

21.4m26.2m24.5m23.6m25.0m

Revenue growth, %

6%

Cost of goods sold

13.4m16.1m16.4m15.3m16.1m

Gross profit

8.0m10.1m8.1m8.3m8.9m

Gross profit Margin, %

37%38%33%35%36%

Sales and marketing expense

2.6m2.6m3.1m3.1m3.7m

R&D expense

365.5k541.2k775.7k670.6k636.7k

General and administrative expense

2.6m3.2m2.6m3.3m3.7m

Operating expense total

6.5m7.6m7.9m8.4m9.9m

Depreciation and amortization

166.9k134.6k178.7k

EBIT

1.5m2.5m170.0k(145.8k)(962.0k)

EBIT margin, %

7%9%1%(1%)(4%)

Interest expense

94.4k50.1k74.1k

Interest income

89.021.5k106.028.073.0

Pre tax profit

1.3m2.5m(237.2k)(1.1m)

Income tax expense

214.0k(590.5k)(184.2k)(5.9k)(1.8m)

Net Income

1.1m3.1m560.7k(231.3k)(3.0m)

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

4.6m5.7m5.3m4.5m5.5m5.3m4.5m4.6m5.1m4.8m5.2m5.2m5.4m5.0m5.4m6.5m4.5m

Cost of goods sold

2.8m3.5m3.4m2.8m3.3m3.3m3.0m3.2m3.6m3.2m3.4m3.4m3.5m3.2m3.4m4.2m

Gross profit

1.8m2.2m2.0m1.8m2.2m2.0m1.6m1.5m1.5m1.7m1.9m1.8m1.9m1.8m1.9m2.3m

Gross profit Margin, %

38%38%37%39%40%37%34%32%29%34%35%34%35%36%36%35%

Sales and marketing expense

635.2k614.7k684.6k601.7k632.1k772.6k799.2k812.2k703.2k659.3k690.6k733.4k807.2k722.2k858.2k988.1k

R&D expense

68.1k97.0k129.7k126.5k126.7k183.7k181.6k202.3k120.6k132.3k138.2k158.1k166.4k162.8k163.4k158.7k

General and administrative expense

588.7k588.6k622.0k734.9k807.9k806.6k611.9k506.7k772.1k763.0k1.1m761.4k804.1k892.1k1.1m911.3k

Operating expense total

1.5m1.6m1.7m1.8m1.9m2.1m1.9m1.8m2.0m1.9m2.3m1.9m2.1m2.1m2.5m2.6m

Depreciation and amortization

44.4k29.8k28.7k30.3k31.8k33.0k40.3k43.6k44.7k

EBIT

266.9k592.3k228.5k26.8k314.1k(112.3k)(369.1k)(385.4k)(491.3k)(281.7k)(402.8k)(149.7k)(175.1k)(322.8k)(561.3k)(310.7k)

EBIT margin, %

6%10%4%1%6%(2%)(8%)(8%)(10%)(6%)(8%)(3%)(3%)(6%)(10%)(5%)

Interest expense

20.4k17.1k9.1k4.9k13.7k9.5k21.9k26.5k

Interest income

11.015.011.9k8.6k925.033.041.025.07.07.07.07.07.025.025.0

Pre tax profit

245.4k575.9k286.0k58.0k295.0k(121.6k)(391.0k)(411.9k)(169.9k)(205.8k)(358.9k)(608.8k)(356.6k)

Income tax expense

15.0k32.0k39.0k39.0k39.0k760.0k(670.0)1.8m

Net Income

230.4k543.9k247.0k19.0k256.0k(121.6k)(214.8k)(411.9k)(491.3k)(281.7k)(402.8k)(169.9k)(205.8k)(358.3k)(608.8k)(2.2m)(767.2k)

Ironclad Performance Wear Balance Sheet

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2015FY, 2016

Cash

1.1m721.6k313.8k277.0k299.9k

Accounts Receivable

798.0k6.4m6.8m8.9m

Prepaid Expenses

265.7k308.8k407.6k610.4k

Inventories

4.4m5.3m4.6m6.7m

Current Assets

9.5m15.2m13.2m17.0m17.7m

PP&E

319.5k256.0k191.3k337.9k

Total Assets

10.0m15.6m14.4m18.9m18.8m

Accounts Payable

2.6m4.9m538.0k574.7k4.7m

Short-term debt

31.9k40.3k49.1k68.1k

Current Liabilities

4.2m6.4m4.3m6.6m8.9m

Long-term debt

1.7m1.5m2.2m3.2m4.2m

Total Debt

1.7m1.5m2.2m3.2m4.2m

Total Liabilities

4.2m6.4m4.3m

Common Stock

74.6k76.4k76.7k82.9k

Additional Paid-in Capital

18.5m18.9m19.2m20.8m21.3m

Retained Earnings

(12.9m)(9.8m)(9.2m)(8.5m)(11.5m)

Total Equity

5.7m9.2m10.1m12.3m9.9m

Debt to Equity Ratio

0.2 x0.3 x0.4 x

Debt to Assets Ratio

0.2 x0.2 x0.2 x

Financial Leverage

1.7 x1.7 x1.4 x1.5 x1.9 x

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

1.0m853.3k853.9k1.1m1.1m504.7k228.7k289.3k1.0m762.3k276.9k291.6k277.0k277.0k464.5k282.4k290.3k

Accounts Receivable

801.2k1.4m2.2m2.5m2.5m3.7m3.7m3.0m4.0m3.4m4.4m5.3m6.2m8.3m7.3m7.8m5.6m

Prepaid Expenses

325.3k337.3k259.2k311.4k443.1k400.8k440.2k599.6k408.7k697.6k714.3k809.1k759.6k1.0m923.1k861.0k801.4k

Inventories

3.7m4.9m3.9m4.3m5.4m7.3m8.1m7.8m5.0m5.5m5.9m8.9m7.6m9.3m8.7m8.4m8.0m

Current Assets

7.5m9.5m8.4m9.6m11.8m13.5m14.1m13.8m11.7m11.6m12.9m15.8m15.1m19.0m17.5m17.4m14.7m

PP&E

296.0k307.1k309.9k301.8k283.7k267.8k271.4k230.0k176.0k176.7k293.3k305.8k334.0k401.5k398.4k380.5k434.1k

Total Assets

7.9m10.0m8.9m10.0m12.2m13.9m14.6m14.1m12.8m12.8m14.2m17.9m17.2m21.4m20.4m18.4m16.1m

Accounts Payable

2.5m2.9m2.3m3.8m4.1m2.6m2.1m2.3m3.2m3.3m3.2m1.9m1.3m3.0m2.2m2.5m1.4m

Short-term debt

28.1k29.9k34.0k36.0k38.2k42.5k44.7k46.9k51.4k53.8k56.2k3.3m3.2m71.2k74.4k77.7k85.4k

Current Liabilities

3.5m5.0m2.7m3.8m5.6m4.7m5.5m5.4m3.2m3.3m4.3m5.9m5.2m9.3m8.7m8.9m6.8m

Long-term debt

952.4k2.1m443.9k1.5m1.5m2.1m3.4m3.1m1.2m3.3m3.2m5.9m6.0m5.5m4.5m

Total Debt

980.5k2.1m477.8k1.5m1.5m2.1m3.4m3.2m51.4k53.8k1.2m3.3m3.2m5.9m6.0m5.5m4.5m

Total Liabilities

3.5m5.0m2.7m3.8m5.6m4.7m5.5m5.4m3.2m3.3m4.3m5.9m5.2m9.3m8.7m8.9m6.8m

Common Stock

73.5k73.5k76.3k76.3k76.4k76.7k76.7k76.7k76.7k77.6k80.8k81.6k82.9k83.1k84.0k84.5k85.6k

Additional Paid-in Capital

18.4m18.4m18.7m18.7m18.8m19.0m19.1m19.2m19.3m19.4m20.2m20.5m20.7m20.9m21.1m21.2m21.5m

Retained Earnings

(14.0m)(13.5m)(12.6m)(12.6m)(12.3m)(9.9m)(10.1m)(10.5m)(9.7m)(10.0m)(10.4m)(8.6m)(8.8m)(8.9m)(9.5m)(11.7m)(12.3m)

Total Equity

4.4m5.0m6.2m6.2m6.6m9.2m9.0m8.7m9.6m9.5m9.9m12.0m12.0m12.1m11.7m9.6m9.3m

Debt to Equity Ratio

0.3 x0.3 x0.5 x0.5 x0.6 x0.5 x

Debt to Assets Ratio

0.2 x0.2 x0.3 x0.3 x0.3 x0.3 x

Financial Leverage

1.8 x2 x1.4 x1.6 x1.9 x1.5 x1.6 x1.6 x1.3 x1.4 x1.4 x1.5 x1.4 x1.8 x1.7 x1.9 x1.7 x

Ironclad Performance Wear Cash Flow

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2015FY, 2016

Net Income

1.1m3.1m560.7k(231.3k)(3.0m)

Depreciation and Amortization

132.5k158.1k166.9k134.6k178.7k

Accounts Receivable

(71.9k)(5.6m)(358.5k)2.6m(889.3k)

Inventories

1.4m(991.1k)709.0k(441.9k)1.7m

Accounts Payable

34.4k2.4m(2.8m)769.1k1.3m

Cash From Operating Activities

235.5k(232.4k)(1.0m)(659.4k)(763.2k)

Purchases of PP&E

(211.3k)(86.2k)(94.1k)

Cash From Investing Activities

(239.9k)(95.3k)(108.4k)(172.7k)(371.8k)

Short-term Borrowings

(19.9m)(32.7m)

Cash From Financing Activities

(2.9k)(10.8k)708.6k768.2k1.2m

Net Change in Cash

(7.3k)(338.5k)(407.8k)(63.9k)22.9k

Interest Paid

(94.4k)(50.1k)(74.1k)91.4k174.9k

Income Taxes Paid

(213.9k)(77.0k)(146.0k)

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(27.6k)516.3k247.0k266.0k522.0k(121.6k)(336.4k)(748.3k)(491.3k)(773.0k)(1.2m)(268.8k)(474.6k)(358.3k)(967.1k)(3.2m)(767.2k)

Depreciation and Amortization

63.5k98.8k38.8k78.8k117.8k40.6k85.3k129.7k29.8k58.5k88.8k66.8k99.9k40.3k88.7k128.6k54.7k

Accounts Receivable

(1.3m)11.4k1.4m(1.7m)(1.7m)2.8m2.7m3.4m2.8m3.4m2.4m956.3k107.1k(547.3k)(1.5m)(665.6k)(2.4m)

Inventories

444.3k1.6m(548.6k)128.1k(951.6k)(2.0m)(2.8m)(2.5m)(368.3k)(857.6k)(1.4m)(1.8m)(431.8k)2.5m1.7m1.4m(773.5k)

Accounts Payable

(14.8k)336.2k(282.3k)1.2m1.6m(2.3m)(2.8m)(2.6m)1.1m1.2m1.0m32.0k(582.6k)60.8k(606.8k)35.5k(2.4m)

Cash From Operating Activities

869.4k(372.6k)882.9k1.6m158.7k(778.6k)(2.3m)(2.0m)2.9m2.6m416.4k(656.1k)(700.3k)(2.6m)(2.5m)(2.1m)(281.4k)

Purchases of PP&E

(97.3k)(140.9k)(27.1k)(56.9k)(75.7k)(50.2k)(96.3k)(97.7k)(12.2k)(39.2k)

Cash From Investing Activities

(105.1k)(163.0k)(29.0k)(60.8k)(83.1k)(53.2k)(101.2k)(109.3k)(14.3k)(45.3k)(188.2k)77.5k136.4k(143.0k)(201.5k)(224.9k)(63.5k)

Short-term Borrowings

(824.0k)13.9m(7.5m)(18.8m)(24.7m)(4.8m)(7.2m)(10.5m)

Cash From Financing Activities

(820.7k)321.6k(1.1m)(1.5m)(18.9k)614.9k1.9m1.7m(2.2m)(2.2m)(265.1k)684.4k772.7k2.7m2.9m2.4m335.2k

Net Change in Cash

(56.4k)(214.1k)(206.2k)6.3k56.4k(216.9k)(492.9k)(432.3k)693.0k448.5k(36.9k)(49.3k)(63.9k)7.0187.5k5.4k(9.6k)

Interest Paid

45.0k62.1k9.1k14.0k27.7k9.5k31.4k58.4k6.9k6.9k9.6k34.9k65.6k36.2k83.7k129.7k48.5k

Income Taxes Paid

92.0k107.0k35.0k74.0k77.0k146.0k146.0k146.0k

Ironclad Performance Wear Ratios

USDY, 2017

Debt/Equity

0.5 x

Debt/Assets

0.3 x

Financial Leverage

1.7 x