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Our company, LQR House Inc., a Delaware corporation ( LQR , LQR House , or the Company ), intends to become a prominent force in the wine and spirits e-commerce, sector epitomized by its flagship alcohol marketplace, CWSpirits.com ( CWS Platform ). This platform delivers a diverse range of spirits, wines, and champagnes from esteemed retail partners like Country Wine & Spirits.
The business is unprofitable at the operating level (-730.35% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 37.4% YoY. The question is whether this is cyclical or a structural shift.
Negative free cash flow of -$34M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$1M
▼ -37.4% YoY
Net Income (TTM)
-$24M
▼ -12.2% YoY
Op. Margin
-878.90%
▲ +8.7pp YoY
ROIC
-38.73%
▲ +138.2pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$29M
▼ -416.1% YoY
Op. Cash Flow (TTM)
-$29M
▼ -411.0% YoY
Net Debt
-$4M
Net Cash Position
Cash & Equiv.
$4M
3Y CAGR: +37.6%
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