iMedia Brands Inc Stock Research

Market Summary

USD0.42-0.07

Market Closed

-14.43%

IMBI Stock Price

IMBI RSI Chart

IMBI Valuation

Market Cap

12.1M

Price/Earnings (Trailing)

-0.27

Price/Sales (Trailing)

0.03

EV/EBITDA

0.4

Price/Free Cashflow

-0.41

IMBI Price/Sales (Trailing)

IMBI Profitability

Operating Margin

18.50%

EBT Margin

-11.46%

Return on Equity

-125.43%

Return on Assets

-9.68%

Free Cashflow Yield

-244.24%

IMBI Fundamentals

IMBI Revenue

Revenue (TTM)

453.2M

Revenue Y/Y

-5.68%

Revenue Q/Q

-7.48%

IMBI Earnings

Earnings (TTM)

-44.5M

Earnings Y/Y

-124.38%

Earnings Q/Q

-66.56%

Price Action

52 Week Range

0.426.36

(Low)(High)

Last 7 days

-18.0%

Last 30 days

-36.2%

Last 90 days

4.1%

Trailing 12 Months

-91.1%

IMBI Financial Health

Current Ratio

0.85

Debt/Equity

5.44

Debt/Cashflow

-0.1

IMBI Investor Care

Shares Dilution (1Y)

34.48%

Diluted EPS (TTM)

-1.98

Peers (Alternatives to iMedia Brands)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMZN	1.0T	514.0B	5.31%	-39.05%	-374.76	1.98	9.40%	-108.16%
EBAY	23.0B	9.8B	-10.71%	-22.75%	-18.16	2.35	-6.00%	-109.33%
CHWY	14.8B	9.8B	-13.65%	-24.03%	-723.93	1.52	14.45%	-288.94%
ETSY	14.2B	2.6B	-8.85%	-20.12%	-20.5	5.55	11.73%	-479.56%
MID-CAP
W	3.6B	12.2B	-29.08%	-71.90%	-2.71	0.3	-10.87%	-916.03%
SMALL-CAP
RVLV	1.9B	1.1B	2.57%	-52.66%	31.86	1.7	23.56%	-41.21%
OSTK	898.6M	1.9B	-5.08%	-59.20%	-25.5	0.47	-30.01%	-109.05%
SFIX	582.0M	1.8B	11.88%	-51.77%	-1.97	0.32	-16.43%	-882.41%
PETS	346.3M	260.5M	-16.04%	-36.50%	30.37	1.33	-6.68%	-47.81%
LE	280.5M	1.6B	5.59%	-52.14%	-132.19	0.18	-2.37%	-104.59%
REAL	111.0M	603.5M	-15.15%	-85.96%	-0.56	0.18	29.04%	16.80%
APRN	27.9M	458.7M	-13.17%	-83.71%	-0.25	0.06	-4.21%	-54.13%
IMBI	12.1M	453.2M	-36.18%	-91.13%	-0.27	0.03	-5.99%	-122.89%

Financials for iMedia Brands

Income Statement (Last 12 Months)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	-1.6%	453,237,000	460,654,000	440,863,000	399,522,000	482,123,000
Gross Profit	-1.2%	235,462,000	238,373,000	237,946,000	222,616,000	192,804,000
Operating Expenses	2.4%	266,383,000	260,031,000	253,132,000	233,341,000	204,607,000
S&GA Expenses	-2.4%	164,755,000	168,796,000	167,413,000	158,512,000	141,726,000
EBITDA	-57.0%	7,752,000	18,034,000	23,642,000	24,417,000	-
EBITDA Margin	-56.3%	0.02	0.04	0.04	0.04	-
Earnings Before Taxes	-29.4%	-51,961,000	-40,155,000	-31,750,000	-22,916,000	-19,903,000
EBT Margin	-31.5%	-0.11	-0.09	-0.05	-0.04	-
Interest Expenses	13.1%	21,414,000	18,927,000	16,268,000	11,727,000	7,562,000
Net Income	-36.1%	-44,496,000	-32,690,000	-24,284,000	-15,447,000	-19,963,000
Net Income Margin	-38.3%	-0.10	-0.07	-0.05	-0.04	-
Free Cahsflow	11.7%	-29,663,000	-33,581,000	-51,539,000	-60,013,000	-

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	-4.8%	460	483	508	523	385
Current Assets	-6.4%	218	233	252	254	250
Cash Equivalents	-54.4%	9.00	20.00	12.00	11.00	54.00
Inventory	13.5%	119	105	115	116	92.00
Net PPE	-0.6%	47.00	47.00	47.00	48.00	45.00
Goodwill	-1.8%	88.00	89.00	93.00	99.00	71.00
Liabilities	-0.9%	424	428	454	453	309
Current Liabilities	49.8%	255	170	189	182	129
Long Term Debt	-3.3%	193	200	190	-	-
LT Debt, Current	491.8%	98.00	17.00	24.00	14.00	-
LT Debt, Non Current	-46.3%	95.00	176	176	176	-
Shareholder's Equity	-35.6%	35.00	55.00	54.00	67.00	77.00
Retained Earnings	-4.3%	-515	-494	-481	-469	-464
Additional Paid-In Capital	0.5%	562	559	539	539	538
Shares Outstanding	13.5%	29.00	25.00	22.00	22.00	22.00
Minority Interest	NaN%	-	-	2.00	2.00	3.00

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	16.3%	-19.71	-23.54	-41.45	-49.98	-51.73
Share Based Compensation	3.7%	4.00	4.00	4.00	3.00	3.00
Cashflow From Investing	0.1%	-86.86	-86.95	-112	-116	-37.96
Cashflow From Financing	-42.2%	62.00	107	152	163	124

Risks for IMBI

What is the probability of a big loss on IMBI?

100%

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

100%

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

100%

Probability that iMedia Brands 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 IMBI drawdown profile look like?

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

Drawdowns

Returns for IMBI

Cumulative Returns on IMBI

-33.9%

10-Year Cumulative Returns

-32.7%

7-Year Cumulative Returns

-44.5%

5-Year Cumulative Returns

-36.4%

3-Year Cumulative Returns

What are the long-term rolling returns for IMBI?

FIve years rolling returns for iMedia Brands.

Annualized Returns

Which funds bought or sold IMBI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-01	B. Riley Financial, Inc.	unchanged	-	-177	58,823	0.01%
2023-02-16	HARBOUR INVESTMENTS, INC.	sold off	-100	-	-	-%
2023-02-14	ARMISTICE CAPITAL, LLC	sold off	-100	-488,000	-	-%
2023-02-14	Royal Bank of Canada	reduced	-23.66	-	-	-%
2023-02-14	BRIDGEWAY CAPITAL MANAGEMENT, LLC	reduced	-47.35	-34,717	38,283	-%
2023-02-14	COOPER CREEK PARTNERS MANAGEMENT LLC	sold off	-100	-243,000	-	-%
2023-02-14	Union Square Park Capital Management, LLC	sold off	-100	-332,000	-	-%
2023-02-14	Worth Venture Partners, LLC	added	148	21,840	35,840	0.02%
2023-02-14	CastleKnight Management LP	added	5.24	7,452	149,452	0.02%
2023-02-14	MORGAN STANLEY	reduced	-99.74	-4,986	14.00	-%

Latest Funds Activity

Are funds buying IMBI calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own IMBI

No. of Funds

iMedia Brands News

Schedule 13G FIlings of iMedia Brands

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
May 25, 2022	ophir asset management pty ltd	2.71%	589,504	SC 13G/A
May 19, 2022	invicta media investments, llc	892%	2,223,317	SC 13D/A
Feb 14, 2022	ophir asset management pty ltd	8.02%	1,729,360	SC 13G
Jun 25, 2021	invicta media investments, llc	026%	1,478,802	SC 13D/A
Jun 23, 2021	invicta media investments, llc	026%	1,478,802	SC 13D/A
Sep 17, 2020	invicta media investments, llc	682%	1,390,394	SC 13D/A
Apr 24, 2020	invicta media investments, llc	855%	1,091,070	SC 13D/A

IMBI Fair Value

iMedia Brands fair value in different scenarios

The table shows the Fair Value estimates for iMedia Brands for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.

Fair Value	Very Pessimistic	Pessimistic	Base Case	Optimistic	Very Optimistic
Very Low Inflation	0.20 -52.38%	0.19 -54.76%	0.78 85.71%	1.87 345.24%	2.97 607.14%
Current Inflation	0.34 -19.05%	0.16 -61.90%	0.72 71.43%	1.74 314.29%	2.77 559.52%
Very High Inflation	0.17 -59.52%	0.13 -69.05%	0.65 54.76%	1.57 273.81%	2.50 495.24%

Historical iMedia Brands Fair Value Estimates

Very Pessimistic Case

Pessimistic Case

Fair Value

Optimistic Case

Very Optimistic Case

Closing Stock Price

Recent SEC filings of iMedia Brands

View All Filings

Date Filed	Form Type	Document
Feb 13, 2023	8-K	Current Report
Feb 02, 2023	8-K	Current Report
Feb 01, 2023	4	Insider Trading
Jan 04, 2023	8-K	Current Report
Dec 27, 2022	8-K	Current Report

Latest Insider Trading transactions for IMBI

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-01-30	PETERMAN TIM	acquired	-	-	181,902	ceo
2022-06-14	Hobbs Landel C	acquired	-	-	67,241	-
2022-06-14	Friedman Michael	acquired	-	-	67,241	-
2022-06-14	Lalo Eyal	acquired	-	-	67,241	-
2022-06-14	Letizio Lisa	acquired	-	-	67,241	-
2022-06-14	Porter Darryl C.	acquired	-	-	67,241	-
2022-06-14	KRUEGER JILL M	acquired	-	-	67,241	-
2022-06-14	REITKOPF AARON	acquired	-	-	67,241	-
2022-05-11	Hobbs Landel C	acquired	49,998	3.07	16,286	-
2022-05-11	Friedman Michael	acquired	600,001	3.07	195,440	-

About iMedia Brands

Timothy A. Peterman

www.imediabrands.com

1100

iMedia Brands, Inc. operates as an interactive media company in the United States and internationally. It operates through three segments: Entertainment, Consumer Brands, and Media Commerce Services. The company operates television networks, including ShopHQ that offers jewelry and watches, home, beauty and health, and fashion and accessories; ShopBulldogTV, which provides male-oriented products and services; ShopHQHealth that offers women and men products and services focused on health and wellness categories, such as physical, mental and spiritual health, financial and motivational wellness, weight management, and telehealth medical services; ShopJewelryHQ for jewelry products and services; and 1-2-3.tv, a retailing marketplace for live and automated auctions. It also provides women's apparel and accessories under the Christopher & Banks brand; men and women accessories under the J.W. Hulme brand; and Shaq kitchen products and watches. In addition, the company operates online marketplaces for discounted merchandise through OurGalleria.com and TheCloseout.com; and Retail Media Exchange, an advertising auction platform for advertisers, digital publishers, and supply-side and demand-side platforms. Further, it offers a suite of value-added services; Float Left, an OTT software as a service app platform for media and consumer brands; and i3PL, an end-to-end, white label, managed services specializing in ecommerce customer experience and fulfillment services. The company was formerly known as EVINE Live Inc. and changed its name to iMedia Brands, Inc. in July 2019. iMedia Brands, Inc. was incorporated in 1990 and is headquartered in Eden Prairie, Minnesota.

IMBI Income Statement

2022-10-29

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 29, 2022	Oct. 30, 2021	Oct. 29, 2022	Oct. 30, 2021
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
Net sales	$ 123,264	$ 130,681	$ 411,042	$ 357,325
Cost of sales	71,754	76,260	249,782	208,911
Gross profit	51,510	54,421	161,260	148,414
Operating expense:
Distribution and selling	35,261	39,302	115,150	108,907
General and administrative	21,185	10,746	44,818	24,569
Depreciation and amortization	8,778	9,741	27,421	24,727
Restructuring costs	1,551	634	4,490	634
Total operating expense	66,775	60,423	191,879	158,837
Operating loss	(15,265)	(6,002)	(30,619)	(10,423)
Other income (expense):
Interest income and other	20	85	230	124
Interest expense	(6,038)	(3,551)	(15,932)	(6,245)
Change in fair value of contract liability, net			1,937
Loss on divestiture			(985)
Loss on debt extinguishment		(9)	(884)	(663)
Total other expense, net	(6,018)	(3,475)	(15,634)	(6,784)
Loss before income taxes	(21,283)	(9,477)	(46,253)	(17,207)
Income tax provision	(15)	(15)	(47)	(45)
Net loss	(21,298)	(9,492)	(46,300)	(17,252)
Less: Net loss attributable to non-controlling interest			(415)	(282)
Net loss attributable to shareholders	$ (21,298)	$ (9,492)	$ (45,885)	$ (16,970)
Net loss per common share	$ (0.72)	$ (0.44)	$ (1.77)	$ (0.91)
Net loss per common share - assuming dilution	$ (0.72)	$ (0.44)	$ (1.77)	$ (0.91)
Weighted average number of common shares outstanding:
Basic	29,415,680	21,503,340	25,932,294	18,710,658
Diluted	29,415,680	21,503,340	25,932,294	18,710,658

IMBI Balance Sheet

2022-10-29

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Oct. 29, 2022	Jan. 29, 2022
Current assets:
Cash	$ 9,071	$ 11,295
Restricted Cash	1,500	1,893
Accounts receivable, net	55,301	78,947
Inventories	119,162	116,256
Current portion of television broadcast rights, net	21,016	27,521
Prepaid expenses and other	11,726	18,340
Total current assets	217,776	254,252
Property and equipment, net	46,788	48,225
Television broadcast rights, net	62,090	74,821
Goodwill	87,741	99,050
Intangible assets, net	25,827	27,940
Other assets	19,379	18,359
TOTAL ASSETS	459,601	522,647
Current liabilities:
Accounts payable	87,168	89,046
Accrued liabilities	37,144	44,388
Current portion of television broadcast rights obligations	30,296	31,921
Current portion of long-term debt	98,209	14,031
Current portion of operating lease liabilities	2,346	2,331
Deferred revenue	121	427
Total current liabilities	255,284	182,144
Long-term broadcast rights obligations	63,566	81,268
Long-term debt, net	94,800	176,432
Long-term operating lease liabilities	3,354	5,169
Deferred tax liability	4,450	5,285
Other long-term liabilities	2,671	2,986
Total liabilities	424,125	453,284
Commitments and contingencies
Shareholders' equity:
Preferred stock, $0.01 per share par value, 400,000 shares authorized; zero shares issued and outstanding	0	0
Common stock, $0.01 per share par value, 49,600,000 and 29,600,000 shares authorized as of October 29, 2022 and January 29, 2022; 28,916,847 and 21,571,387 shares issued and outstanding as of October 29, 2022 and January 29, 2022	257	216
Additional paid-in capital	561,710	538,627
Accumulated deficit	(515,348)	(469,463)
Accumulated other comprehensive loss	(11,143)	(2,428)
Total shareholders' equity	35,476	66,952
Equity of the non-controlling interest	0	2,412
Total equity	35,476	69,363
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 459,601	$ 522,647