a.k.a. Brands posted Q4 2024 revenue of $159.0 million, reflecting a 6.8% year-over-year increase driven by a 21.6% rise in U.S. sales. Gross margin improved to 55.9% from 51.3% in Q4 2023, supported by higher full-price sales and a better inventory position. The company reported a net loss of $9.4 million, narrowing from a $13.9 million loss in the prior year. Adjusted EBITDA rose significantly to $6.2 million from $1.3 million, reflecting stronger operational efficiency.
a.k.a. Brands reported a strong third quarter, exceeding top and bottom-line expectations. Net sales increased by 6.4% to approximately $150 million, driven by a 19.5% increase in U.S. net sales. Adjusted EBITDA increased by 75% to over $8 million.
a.k.a. Brands reported a 9.5% increase in net sales to $148.9 million, with U.S. net sales up 19.3%. The company's net loss was $(2.3) million, or $(0.22) per share, while adjusted EBITDA reached $8.0 million, a 44% increase compared to the previous year.
a.k.a. Brands' net sales decreased by 3.0% to $116.8 million compared to the first quarter of 2023, but increased by 6.2% in the U.S. Net loss was $(8.9) million, or $(0.85) per share, compared to a net loss of $(9.6) million, or $(0.89) per share in the first quarter of 2023. Adjusted EBITDA was $0.9 million in the first quarter of 2024, compared to $2.2 million in the first quarter of 2023.
a.k.a. Brands reported a slight decrease in net sales for Q4 2023, but experienced growth in U.S. net sales. The company focused on inventory reduction and debt paydown during the year. They are planning to expand omnichannel initiatives in 2024.
a.k.a. Brands' net sales decreased by 9.6% to $140.8 million compared to the third quarter of 2022, but U.S. net sales grew by 2.0%. The company reported a net loss of $(70.4) million, and adjusted EBITDA was $4.7 million. They focused on strengthening the balance sheet through debt reduction and inventory management.
a.k.a. Brands reported a decrease in net sales by 14.2% to $136.0 million compared to the second quarter of 2022. The U.S. net sales decreased by 2.8% but grew 12.3% on a two-year stack. The company reduced inventory by 16% since the end of fiscal 2022 and paid down $12.5 million of debt. Net loss was $(5.0) million, or $(0.04) per share.
a.k.a. Brands reported a decrease in net sales by 18.8% to $120.5 million, but exceeded expectations on both sales and adjusted EBITDA. The company is focused on managing the business prudently, with inventory down 7% year-over-year and 11% since the end of fiscal 2022.
a.k.a. Brands reported a decrease in net sales by 18.3% to $149.1 million and a net loss of $(173.9) million for the fourth quarter of 2022. The company's performance was affected by a promotional environment and strategic decisions to reduce marketing spend and tighten inventory.
a.k.a. Brands Holding Corp. reported a decrease in net sales by 3.7% to $155.8 million compared to $161.8 million in the third quarter of 2021. Net loss was $(0.1) million or $0.00 per share, compared to a net loss of $(9.9) million or $(0.11) per share in the same quarter last year. Adjusted EBITDA was $9.2 million, compared to $18.5 million in the third quarter of 2021.
a.k.a. Brands Holding Corp. reported a 6.2% increase in net sales to $158.5 million compared to the second quarter of 2021. However, the company experienced a net loss of $(4.2) million, or $(0.03) per share, and an Adjusted EBITDA of $5.9 million, or 3.7% of net sales, which are lower than the previous year.
a.k.a. Brands Holding Corp. announced strong first-quarter results, exceeding expectations with net sales increasing by 115.6% to $148.3 million. The company's active customers grew by 46% to over 3.8 million, driven by the U.S. market's strong growth. Despite global macro headwinds, a.k.a. Brands remains confident in delivering growth and profitability.
a.k.a. Brands Holding Corp. reported a significant increase in net sales for the fourth quarter, driven by growth in the U.S. and the acquisition of Culture Kings. Net income was approximately $0.0 million, or $0.00 per share, compared to $5.1 million, or $0.07 per share, in the fourth quarter of 2020.
a.k.a. Brands Holding Corp. reported strong results for its first quarter as a public company, with net sales increasing by 155.4% to $161.8 million. The growth was fueled by the acquisition of Culture Kings and growth across its diversified portfolio of brands.