Related stocks: Retail-Apparel & Accessory Stores
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Related stocks: Retail-Apparel & Accessory Stores
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Recent Developments During 2025, the Company entered into several strategic agreements to expand its collegiate apparel and marketing platform, including arrangements with AAA Tuscaloosa (University of Alabama), LLC, Traffic Holdco, LLC, Buffalo Sports Properties / Learfield, The Grove Collective, LLC, and MavDB Consulting LLC. Effective July 16, 2025, the Company entered into Exclusive Private…
The business is unprofitable at the operating level (-400.14% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 36.1% YoY. Margins deteriorated 311.9pp alongside, both lines moving the wrong way.
ROIC dropped from -110.50% to -137.80%, capital efficiency is deteriorating. Negative free cash flow of -$16M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$7M
▼ -36.1% YoY
Net Income (TTM)
-$38M
▼ -115.6% YoY
Op. Margin
-512.17%
▼ -311.9pp YoY
ROIC
-141.63%
▼ -27.3pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$16M
▼ -158.1% YoY
Op. Cash Flow (TTM)
-$16M
▼ -158.1% YoY
Net Debt
$15M
Cash & Equiv.
$5M
5Y CAGR: +7.1%
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