a.k.a. Brands Q4 2021 Earnings Report
Key Takeaways
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.
Net sales increased 157.7% to $182.4 million compared to Q4 2020.
Culture Kings contributed $75.4 million to net sales during the quarter.
Net income attributable to a.k.a. Brands Holding Corp. was $0.0 million or $0.00 per share.
Adjusted EBITDA was $16.1 million, or 8.8% of net sales.
a.k.a. Brands
a.k.a. Brands
a.k.a. Brands Revenue by Geographic Location
Forward Guidance
For the full year fiscal 2022, the Company expects net sales between $785 million and $805 million and Adjusted EBITDA of between $90 million and $100 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income