Grufity logoGrufity logo

FIGS, Inc. Stock Research

FIGS

5.97USD-0.04(-0.67%)Delayedas of 23 Mar 2023, 01:26 pm

Market Summary

USD5.97-0.04
Delayedas of 23 Mar 2023, 01:26 pm
-0.67%

FIGS Alerts

FIGS Stock Price

FIGS RSI Chart

FIGS Valuation

Market Cap

978.4M

Price/Earnings (Trailing)

46.18

Price/Sales (Trailing)

1.93

EV/EBITDA

19.32

Price/Free Cashflow

-24.05

FIGS Price/Sales (Trailing)

FIGS Profitability

EBT Margin

7.66%

Return on Equity

6.88%

Return on Assets

5.36%

Free Cashflow Yield

-4.16%

FIGS Fundamentals

FIGS Revenue

Revenue (TTM)

505.8M

Revenue Y/Y

12.59%

Revenue Q/Q

12.68%

FIGS Earnings

Earnings (TTM)

21.2M

Earnings Y/Y

-73.08%

Earnings Q/Q

-16.15%

Price Action

52 Week Range

5.5523.93
(Low)(High)

Last 7 days

-1.3%

Last 30 days

-35.7%

Last 90 days

-12.7%

Trailing 12 Months

-64.0%

FIGS Financial Health

Current Ratio

4.99

FIGS Investor Care

Shares Dilution (1Y)

2.60%

Diluted EPS (TTM)

0.11

Financials for FIGS

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue3.3%506490464443420
Gross Profit2.6%354346329317301
Operating Expenses7.5%317295279309290
  S&GA Expenses11.3%11810694.0087.0082.00
EBITDA-21.1%42.0054.0051.009.0011.00
EBITDA Margin-23.7%0.08*0.11*0.11*0.02*0.03*
Earnings Before Taxes-24.7%39.0051.0049.008.0010.00
EBT Margin-27.1%0.08*0.10*0.11*0.02*0.02*
Interest Expenses175.5%2.001.00-0.09-0.19-0.24
Net Income-30.3%21.0030.0033.00-12.10-9.56
Net Income Margin-32.5%0.04*0.06*0.07*-0.03*-0.02*
Free Cahsflow-25.5%-40.68-32.413.0040.0064.00
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets2.4%395386354343312
  Current Assets3.1%357346316306293
    Cash Equivalents2.7%160156170189195
  Inventory5.9%17816812810386.00
  Net PPE1.9%11.0011.009.008.008.00
Liabilities-6.3%87.0093.0076.0079.0066.00
  Current Liabilities-6.6%71.0076.0058.0061.0062.00
Shareholder's Equity5.2%308292278263246
  Retained Earnings9.5%39.0036.0032.0027.0018.00
  Additional Paid-In Capital4.6%269257246236228
Accumulated Depreciation13.0%4.004.003.003.00-
Shares Outstanding0.4%166165164--
Cashflow (Last 12 Months)
(In Thousands)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-36.2%-35,329-25,9487,16142,31166,437
  Share Based Compensation-4.2%37,45839,10837,32784,56281,100
Cashflow From Investing-7.1%-5,848-5,460-3,916-2,548-2,712
Cashflow From Financing16.0%3,5223,0363,00775,80175,572

Risks for FIGS

What is the probability of a big loss on FIGS?

76.8%


Probability that FIGS stock will be more than 20% underwater in next one year

71.6%


Probability that FIGS stock will be more than 30% underwater in next one year.

70.5%


Probability that FIGS stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does FIGS drawdown profile look like?

Y-axis is the maximum loss one would have experienced if FIGS was unfortunately bought at previous high price.

Drawdowns

Returns for FIGS

Cumulative Returns on FIGS

Which funds bought or sold FIGS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
reduced
-2.03
-21,075
79,925
-%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
23.46
4,150
562,150
-%
2023-03-06
Rockefeller Capital Management L.P.
new
-
33,000
33,000
-%
2023-02-28
Voya Investment Management LLC
reduced
-0.62
-77,301
330,699
-%
2023-02-27
Parallax Volatility Advisers, L.P.
reduced
-93.35
-65,298
3,702
-%
2023-02-24
SRS Capital Advisors, Inc.
sold off
-100
-8,000
-
-%
2023-02-21
MACQUARIE GROUP LTD
reduced
-47.12
-62,367,000
47,293,000
0.06%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
sold off
-100
-8,000
-
-%
2023-02-15
MetLife Investment Management, LLC
unchanged
-
-103,759
461,241
-%
2023-02-15
ALLIANCEBERNSTEIN L.P.
unchanged
-
-215,667
956,333
-%

1–10 of 39

Latest Funds Activity

Are funds buying FIGS calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own FIGS
No. of Funds

FIGS News

Nature.com

Antiviral activity of marine sulfated glycans against pathogenic ....

Nature.com,
31 minutes ago

Marketscreener.com

Restaurant Clicks

Runner's World UK

BuzzFeed

Investing.com UK

Sydney Morning Herald

Brown rice risotto: How to cook at home.

Sydney Morning Herald,
2 days ago

Schedule 13G FIlings of FIGS

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
viking global investors lp
0.0%
0
SC 13G/A
Feb 14, 2023
bamco inc /ny/
8.83%
14,042,087
SC 13G/A
Feb 13, 2023
tulco, llc
0.0%
0
SC 13G/A
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
vanguard group inc
7.63%
12,145,636
SC 13G/A
Feb 07, 2023
hasson heather l.
9.15%
16,004,792
SC 13D/A
Feb 07, 2023
spear catherine eva
10.70%
19,050,936
SC 13D/A
Feb 07, 2023
blackrock inc.
6.5%
10,395,532
SC 13G
Feb 06, 2023
citadel advisors llc
5.7%
6
SC 13G
Jan 31, 2023
franklin resources inc
4.0%
6,321,172
SC 13G/A

FIGS Fair Value

Recent SEC filings of FIGS

View All Filings
Date Filed Form Type Document
Mar 21, 2023
SC 13D/A
13D - Major Acquisition
Mar 21, 2023
SC 13D/A
13D - Major Acquisition
Mar 08, 2023
4
Insider Trading
Mar 07, 2023
4
Insider Trading
Mar 07, 2023
4
Insider Trading
Mar 06, 2023
4
Insider Trading
Mar 01, 2023
S-8
Employee Benefits Plan
Feb 28, 2023
10-K
Annual Report
Feb 28, 2023
8-K
Current Report
Feb 14, 2023
SC 13G/A
Major Ownership Report

Latest Insider Trading transactions for FIGS

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-08
Spear Catherine Eva
bought
242,464
6.0616
40,000
chief executive officer
2023-03-07
Spear Catherine Eva
bought
4,736,920
6.3159
750,000
chief executive officer
2023-03-06
Spear Catherine Eva
sold
-
-
-169,076
chief executive officer
2023-03-06
Hasson Heather L.
sold
-
-
-102,143
executive chair
2023-03-03
Hasson Heather L.
sold
-484,628
6.9
-70,236
executive chair
2023-03-02
Turenshine Daniella
sold
-94,631
6.66
-14,209
chief financial officer
2023-02-04
Hasson Heather L.
sold (taxes)
-245,368
9.47
-25,910
executive chair
2022-12-02
Hasson Heather L.
sold
-
-
-169,076
executive chair
2022-12-02
Turenshine Daniella
sold
-105,380
7.71
-13,668
chief financial officer
2022-12-02
Spear Catherine Eva
sold
-
-
-169,076
chief executive officer

1–10 of 50

Heather L. Hasson
260
FIGS, Inc. operates as a direct-to-consumer healthcare apparel and lifestyle company in the United States. It designs and sells healthcare apparel and other non-scrub offerings, such as lab coats, under scrubs, outerwear, activewear, loungewear, compression socks footwear, and masks. It also offers sports bras, performance leggings, tops, super-soft pima cotton tops, vests, and jackets. The company markets and sells its products through its digital platform comprising website and mobile app. FIGS, Inc. was founded in 2013 and is headquartered in Santa Monica, California.

FIGS Income Statement

2022-12-31
STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Statement of Comprehensive Income [Abstract]   
Net revenues$ 505,835$ 419,591$ 263,112
Cost of goods sold151,375118,37072,888
Gross profit354,460301,221190,224
Operating expenses   
Selling118,44981,92351,896
Marketing77,69258,71338,852
General and administrative120,653149,60241,536
Total operating expenses316,794290,238132,284
Net income from operations37,66610,98357,940
Other income (loss), net   
Interest income (expense)1,708(239)136
Other expense(647)(885)0
Total other income (loss), net1,061(1,124)136
Net income before provision for income taxes38,7279,85958,076
Provision for income taxes17,54119,4158,318
Net income (loss) and comprehensive income (loss)$ 21,186$ (9,556)$ 49,758
Earnings (loss) per share:   
Basic earnings (loss) per share (in USD per share)$ 0.13$ (0.06)$ 0.32
Diluted earnings (loss) per share (in USD per share)$ 0.11$ (0.06)$ 0.30
Weighted Average Number of Shares Outstanding   
Weighted-average shares outstanding—basic (in shares)165,268,185159,177,713153,327,308
Weighted-average shares outstanding—diluted (in shares)187,547,474159,177,713163,331,348

FIGS Balance Sheet

2022-12-31
BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets  
Cash and cash equivalents$ 159,775$ 195,374
Restricted cash02,056
Accounts receivable6,8662,441
Inventory, net177,97686,068
Prepaid expenses and other current assets11,8837,400
Total current assets356,500293,339
Non-current assets  
Property and equipment, net11,0247,613
Operating lease right-of-use assets15,312 
Deferred tax assets10,97110,239
Other assets1,257560
Total non-current assets38,56418,412
Total assets395,064311,751
Current liabilities  
Accounts payable20,90614,604
Operating lease liabilities3,408 
Accrued expenses26,16424,677
Accrued compensation and benefits3,4156,464
Sales tax payable3,3743,728
Gift card liability7,8825,590
Deferred revenue2,786596
Returns reserve3,4582,761
Income tax payable03,973
Total current liabilities71,39362,393
Non-current liabilities  
Operating lease liabilities, non-current15,756 
Deferred rent and lease incentive03,542
Other non-current liabilities176243
Total liabilities87,32566,178
Commitments and contingencies (Note 10)
Stockholders’ equity  
Preferred stock — par value $0.0001 per share, 100,000,000 shares authorized as of December 31, 2022 and December 31, 2021; zero shares issued and outstanding as of December 31, 2022 and December 31, 202100
Additional paid-in capital268,606227,626
Retained earnings39,11717,931
Total stockholders’ equity307,739245,573
Total liabilities and stockholders’ equity395,064311,751
Class A Common Stock  
Stockholders’ equity  
Common stock1615
Class B Common Stock  
Stockholders’ equity  
Common stock$ 0$ 1