Lovesac co (LOVE)
Income statement / Yearly
Feb'20Feb'19Feb'18
Net sales

233,377

165,881

101,810

Cost of merchandise sold

116,687

75,000

44,593

Gross profit

116,690

90,880

57,217

Operating expenses
Selling, general and administration expenses

98,146

76,426

50,848

Advertising and marketing

29,194

18,363

9,192

Depreciation and amortization

5,158

3,133

2,214

Total operating expenses

132,498

97,924

62,254

Operating loss

-15,808

-7,043

-5,037

Interest income, net

646

355

-437

Net loss before taxes

-15,161

-6,687

-5,475

Provision for income taxes

43

16

26

Net loss

-15,205

-6,704

-5,501

Net loss per common share:
Basic and diluted

-1.07

-3.28

-1.12

Weighted average number of common shares outstanding:
Basic and diluted

14,260

10,536

6,000