Summary - Funding Rounds

Founding Date

1980

PacSun Income Statement

Annual

USDFY, 2013FY, 2014

Revenue

797.8m826.8m

Revenue growth, %

4%

EBIT

(21.4m)(15.1m)

EBIT margin, %

(3%)(2%)

Interest expense

14.1m15.8m

Pre tax profit

(46.2m)(28.6m)

Income tax expense

797.0k727.0k

Net Income

(48.7m)(29.4m)

Quarterly

USDQ3, 2012Q3, 2013Q3, 2014Q2, 2014Q1, 2014Q2, 2015Q1, 2015Q3, 2016

Revenue

242.0m206.6m212.3m211.7m171.1m195.6m166.5m205.9m

General and administrative expense

75.4m54.0m58.0m60.6m52.0m53.9m52.1m53.4m

Operating expense total

75.4m54.0m58.0m60.6m52.0m53.9m52.1m53.4m

EBIT

(16.7m)(2.2m)(1.3m)976.0k(7.4m)(3.4m)(7.5m)(1.6m)

EBIT margin, %

(7%)(1%)(1%)0%(4%)(2%)(5%)(1%)

Interest expense

1.2m3.6m3.9m4.1m3.9m4.3m4.1m4.3m

Pre tax profit

(17.9m)17.6m(323.0k)7.3m(10.0m)8.1m(2.6m)(3.3m)

Income tax expense

(294.0k)396.0k146.0k(166.0k)382.0k(275.0k)931.0k93.0k

Net Income

(17.6m)17.2m(469.0k)7.5m(10.4m)8.3m(3.5m)(3.4m)

PacSun Balance Sheet

Annual

USDFY, 2013FY, 2014

Cash

27.8m22.6m

Inventories

83.1m81.7m

Current Assets

130.3m120.9m

PP&E

96.8m88.8m

Total Assets

272.6m252.3m

Accounts Payable

46.0m36.8m

Current Liabilities

114.0m113.4m

Long-term debt

86.1m94.4m

Non-Current Liabilities

140.5m148.3m

Total Liabilities

254.5m261.7m

Additional Paid-in Capital

22.6m24.4m

Retained Earnings

(5.1m)(34.5m)

Quarterly

USDQ3, 2012Q3, 2013Q3, 2014Q2, 2014Q1, 2014Q2, 2015Q1, 2015Q3, 2016

Cash

8.3m19.9m12.3m21.3m20.0m13.7m15.2m11.3m

Prepaid Expenses

18.4m

Inventories

152.2m137.0m129.2m130.9m95.9m128.6m95.4m139.6m

Current Assets

185.6m177.7m163.4m175.9m135.8m161.4m128.1m170.2m

PP&E

158.2m111.2m91.5m93.8m94.4m87.0m86.6m87.9m

Total Assets

375.4m321.7m297.6m313.9m274.7m289.9m256.5m298.9m

Accounts Payable

89.6m77.8m81.6m92.1m56.2m91.0m58.3m69.3m

Current Liabilities

128.7m147.0m140.6m156.7m126.7m144.1m121.5m153.8m

Long-term debt

80.7m88.5m87.9m86.6m96.1m95.3m97.0m

Non-Current Liabilities

96.4m134.4m140.8m141.0m139.9m149.2m147.7m151.2m

Total Debt

80.7m88.5m87.9m86.6m96.1m95.3m97.0m

Common Stock

674.0k

Additional Paid-in Capital

16.0m22.2m24.0m23.6m22.9m25.5m24.6m26.1m

Retained Earnings

133.7m17.4m(8.5m)(8.0m)(15.5m)(29.6m)(38.0m)(33.0m)

Total Equity

150.4m

Financial Leverage

2.5 x

PacSun Cash Flow

Annual

USDFY, 2013FY, 2014

Net Income

(48.7m)(29.4m)

Quarterly

USDQ3, 2012Q3, 2013Q3, 2014Q2, 2014Q1, 2014Q1, 2015

Net Income

(68.3m)17.2m(469.0k)7.5m(10.4m)(3.5m)

Depreciation and Amortization

32.8m

Inventories

(56.5m)

Accounts Payable

48.5m

Cash From Operating Activities

(45.3m)

Purchases of PP&E

(10.2m)

Cash From Investing Activities

(9.9m)

Long-term Borrowings

(241.0k)

Cash From Financing Activities

(303.0k)

Net Change in Cash

(55.4m)

Interest Paid

1.7m

Income Taxes Paid

396.0k382.0k931.0k

PacSun Ratios

USDQ3, 2012

Financial Leverage

2.5 x

PacSun Employee Rating

3.31375 votes
Culture & Values
3.6
Work/Life Balance
3.3
Senior Management
3.1
Salary & Benefits
2.7
Career Opportunities
3
Source