HomeBIRD • NASDAQ
add
Allbirds Inc
Previous close
$10.88
Day range
$10.74 - $11.18
Year range
$9.06 - $29.00
Market cap
86.28M USD
Avg Volume
54.04K
P/E ratio
-
Dividend yield
-
Primary exchange
NASDAQ
In the news
Financials
Income Statement
Revenue
Net income
(USD) | Jun 2024info | Y/Y change |
---|---|---|
Revenue | 51.58M | -26.81% |
Operating expense | 45.29M | -22.88% |
Net income | -19.13M | 33.88% |
Net profit margin | -37.09 | 9.67% |
Earnings per share | -2.30 | 37.88% |
EBITDA | -16.75M | 29.11% |
Effective tax rate | -2.97% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Jun 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 87.22M | -37.66% |
Total assets | 239.46M | -40.99% |
Total liabilities | 95.49M | -32.74% |
Total equity | 143.97M | — |
Shares outstanding | 7.89M | — |
Price to book | 0.60 | — |
Return on assets | -18.79% | — |
Return on capital | -21.39% | — |
Cash Flow
Net change in cash
(USD) | Jun 2024info | Y/Y change |
---|---|---|
Net income | -19.13M | 33.88% |
Cash from operations | -15.59M | -1,982.85% |
Cash from investing | 861.00K | 122.01% |
Cash from financing | 150.00K | -40.24% |
Net change in cash | -14.86M | -337.49% |
Free cash flow | -5.92M | -210.73% |
About
Allbirds, Inc. is a New Zealand and American public benefit company that sells footwear and apparel, co-founded in 2014 by Tim Brown and Joey Zwillinger. The company is headquartered in San Francisco, California. Its business model has historically relied on direct-to-consumer commerce, though it has some brick and mortar commerce.
Allbirds was founded as part of a suite of corporations funded via Kickstarter such as Warby Parker, and has based its corporate identity heavily on its sustainability. Since the 2020s, the company has faced criticism by legal scholars for "greenwashing" after a case regarding their reporting of carbon offsets was dismissed. Allbirds went public on November 3, 2021, but began to suffer from poor sales soon after, leading to a reworking of the company's C-suite from 2022 to 2024. On April 8, 2024, the company received a non-compliance notice from the Nasdaq for performing below $1 for over 30 days straight.
In the cultural sphere, the company's shoes are best known for their minimalist designs; association with environmental, social, and governance principles; and Silicon Valley. Wikipedia
CEO
Founded
2014
Headquarters
Website
Employees
600