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Our Mission We aim to help the customers in our communities live a good life by inspiring moments that create lasting memories. When we are at our best, our products serve as the centerpiece of awesome experiences and unlock nostalgia for past ones.
The business is unprofitable at the operating level (-35.85% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 30.4% YoY. The question is whether this is cyclical or a structural shift.
Free cash flow declined 1797% versus the prior year, cash generation momentum has weakened. Negative free cash flow of -$51M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$302M
▼ -30.4% YoY
Net Income (TTM)
-$88M
▲ +10.6% YoY
Op. Margin
-35.60%
▲ +2.6pp YoY
ROIC
-25.15%
▲ +8.6pp YoY
Cash Flow & Balance Sheet
FCF (FY)
-$51M
▼ -1797.1% YoY
Op. Cash Flow (TTM)
$13M
▼ -543.1% YoY
Net Debt
$260M
Cash & Equiv.
$16M
3Y CAGR: -15.1%
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