Cash flow LightInTheBox Holding Co., Ltd.

Equities

LITB

US53225G2012

Apparel & Accessories

Market Closed - Nyse Other stock markets 04:10:00 2025-07-08 pm EDT			5-day change	1st Jan Change
1.260 ^USD	+3.28%		+5.00%	-25.00%

May. 13	Tranche Update on LightInTheBox Holding Co., Ltd.'s Equity Buyback Plan announced on April 1, 2025.	CI
May. 13	LightInTheBox Holding Co., Ltd. Announces CFO Changes, Effective May 12, 2025	CI

41cb848963f51.bBsjFY8PSOLuDbIvhPNTjUmP03FjpmMEIPBsYCxkH50.I3EXXs5ifqDDa8Vj7Jc_2QP4sDcP_wRyTZ1bFBs-UeoiWhJ-wlwi0IQ5wQ

Published financial data: LIGHTINTHEBOX HOLDING CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	398M	446M	504M	629M	255M
Total Revenues	398M	446M	504M	629M	255M
Cost of Goods Sold, Total	222M	239M	228M	269M	102M
Gross Profit	176M	207M	275M	360M	153M
Selling General & Admin Expenses, Total	173M	223M	290M	372M	156M
Other Operating Expenses	-974K	-675K	-223K	-1.36M	-876K
Other Operating Expenses, Total	172M	223M	289M	370M	155M
Operating Income	3.86M	-16.11M	-14.24M	-10.4M	-1.54M
Interest Expense, Total	-92K	-13K	-5K	-4K	-
Interest And Investment Income	103K	59K	57K	350K	90K
Net Interest Expenses	11K	46K	52K	346K	90K
Income (Loss) On Equity Invest.	-	-	-	-	-
Currency Exchange Gains (Loss)	-	-	-	-	-
Other Non Operating Income (Expenses)	12.9M	488K	133K	499K	-400K
EBT, Excl. Unusual Items	16.76M	-15.58M	-14.06M	-9.55M	-1.85M
Gain (Loss) On Sale Of Investments	-	38.83M	-55.23M	-	-
Other Unusual Items	-	-	-	-	-681K
EBT, Incl. Unusual Items	16.76M	23.26M	-69.29M	-9.55M	-2.53M
Income Tax Expense	3.42M	9.8M	-12.71M	40K	-39K
Earnings From Continuing Operations	13.35M	13.45M	-56.58M	-9.59M	-2.49M
Net Income to Company	13.35M	13.45M	-56.58M	-9.59M	-2.49M
Minority Interest	-29K	-325K	-	-	-
Net Income - (IS)	13.32M	13.13M	-56.58M	-9.59M	-2.49M
Net Income to Common Incl Extra Items	13.32M	13.13M	-56.58M	-9.59M	-2.49M
Net Income to Common Excl. Extra Items	13.32M	13.13M	-56.58M	-9.59M	-2.49M
Per Share Items
Net EPS - Basic	0.72	0.7	-3	-0.51	-0.14
Basic EPS - Continuing Operations	0.72	0.7	-3	-0.51	-0.14
Basic Weighted Average Shares Outstanding	18.37M	18.69M	18.85M	18.83M	18.43M
Net EPS - Diluted	0.72	0.7	-3	-0.51	-0.14
Diluted EPS - Continuing Operations	0.72	0.7	-3	-0.51	-0.14
Diluted Weighted Average Shares Outstanding	18.83M	18.88M	18.85M	18.83M	18.43M
Normalized Basic EPS	0.57	-0.54	-0.47	-0.32	-0.06
Normalized Diluted EPS	0.56	-0.53	-0.47	-0.32	-0.06
American Depositary Receipts Ratio (ADR)	12	12	12	12	12
Supplemental Items
EBITDA	6.3M	-12.81M	-10.87M	-7.22M	661K
EBITA	5.26M	-14.03M	-12.09M	-8.5M	-758K
EBIT	3.86M	-16.11M	-14.24M	-10.4M	-1.54M
EBITDAR	11.63M	-6.61M	-4.21M	-1.55M	4.58M
Total Revenues (As Reported)	398M	446M	504M	629M	255M
Effective Tax Rate - (Ratio)	20.39	42.15	18.34	-0.42	1.54
Current Domestic Taxes	55K	9.52M	-	-	-
Current Foreign Taxes	-	-	-	-	9K
Total Current Taxes	55K	9.52M	-	-	9K
Deferred Domestic Taxes	3.36M	285K	-	-	-
Deferred Foreign Taxes	-	-	-	-	-48K
Total Deferred Taxes	3.36M	285K	-	-	-48K
Normalized Net Income	10.45M	-10.06M	-8.78M	-5.97M	-1.15M
Interest on Long-Term Debt	92K	13K	5K	4K	-
Supplemental Operating Expense Items
Advertising Expense	104M	142M	211M	292M	104M
Selling and Marketing Expenses	111M	153M	221M	302M	112M
General and Administrative Expenses	31.42M	37.87M	34.84M	32.72M	25.05M
Research And Development Expense From Footnotes	15.16M	20.34M	19.45M	19.1M	15.53M
Net Rental Expense, Total	5.33M	6.2M	6.66M	5.67M	3.92M
Imputed Operating Lease Interest Expense	302K	53.06K	22.75K	19.45K	-
Imputed Operating Lease Depreciation	5.03M	6.15M	6.64M	5.65M	-
Stock-Based Comp., S&M Exp. (Total)	82K	142K	99K	34K	89K
Stock-Based Comp., G&A Exp. (Total)	3.51M	1.22M	229K	381K	256K
Stock-Based Comp., SG&A Exp. (Total)	15K	15K	12K	-	-
Total Stock-Based Compensation	3.61M	1.38M	340K	415K	345K

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	61.48M	55.94M	88.58M	66.42M	17.94M
Total Cash And Short Term Investments	61.48M	55.94M	88.58M	66.42M	17.94M
Accounts Receivable, Total	1.49M	1.85M	1.14M	634K	976K
Other Receivables	2.88M	2.73M	-	-	-
Total Receivables	4.37M	4.58M	1.14M	634K	976K
Inventory	9.92M	12M	14.26M	5.77M	3.64M
Restricted Cash	4.05M	3.66M	5.99M	5.28M	1.8M
Other Current Assets, Total	4.99M	7.72M	6M	6.88M	2.61M
Total Current Assets	84.81M	83.9M	116M	84.98M	26.97M
Gross Property Plant And Equipment	20.76M	19.91M	19.15M	15.59M	18.85M
Accumulated Depreciation	-4.7M	-5.01M	-5.33M	-6.24M	-6.73M
Net Property Plant And Equipment	16.06M	14.9M	13.82M	9.35M	12.12M
Long-term Investments	17.3M	56.38M	-	-	73K
Goodwill	29.74M	30.44M	28.18M	27.39M	26.66M
Other Intangibles, Total	9.42M	8.23M	5.63M	3.6M	2.74M
Other Long-Term Assets, Total	707K	1.51M	1.21M	984K	806K
Total Assets	158M	195M	165M	126M	69.37M
Liabilities
Accounts Payable, Total	16.95M	23.54M	26.52M	15.85M	10.38M
Accrued Expenses, Total	38.8M	54.36M	85.36M	85M	52.33M
Short-term Borrowings	-	-	-	-	685K
Current Portion of Leases	4.31M	3.83M	5.04M	5.08M	4.05M
Unearned Revenue Current, Total	33.28M	24.79M	32.24M	17M	8.36M
Other Current Liabilities	3.5M	3.42M	4.96M	9.58M	1.76M
Total Current Liabilities	96.85M	110M	154M	133M	77.56M
Long-Term Leases	8.24M	7.94M	6.61M	1.92M	4.78M
Deferred Tax Liability Non Current	3.56M	517K	111K	154K	101K
Other Non Current Liabilities	-	13.1M	107K	107K	107K
Total Liabilities	109M	131M	161M	135M	82.55M
Common Stock, Total	17K	17K	17K	17K	17K
Additional Paid In Capital	282M	282M	283M	283M	283M
Retained Earnings	-205M	-192M	-249M	-259M	-262M
Treasury Stock	-30.21M	-29.31M	-28.62M	-30.36M	-30.88M
Comprehensive Income and Other	1.8M	2.74M	-1.02M	-1.86M	-3.26M
Total Common Equity	49.29M	63.76M	3.88M	-8.38M	-13.17M
Minority Interest	83K	124K	-	-	-
Total Equity	49.38M	63.88M	3.88M	-8.38M	-13.17M
Total Liabilities And Equity	158M	195M	165M	126M	69.37M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	18.68M	18.84M	18.89M	18.6M	18.39M
ECS Total Common Shares Outstanding	18.67M	18.84M	18.88M	18.6M	18.39M
Book Value / Share	2.64	3.38	0.21	-0.45	-0.72
Tangible Book Value	10.13M	25.08M	-29.93M	-39.38M	-42.58M
Tangible Book Value Per Share	0.54	1.33	-1.59	-2.12	-2.32
Total Debt	12.55M	11.77M	11.65M	7M	9.51M
Net Debt	-48.92M	-44.17M	-76.93M	-59.43M	-8.43M
Debt Equivalent Oper. Leases	42.67M	49.63M	53.29M	45.34M	31.34M
Minority Interest, Total (Incl. Fin. Div)	83K	124K	-	-	-
Equity Method Investments, Total	-	-	-	-	-
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Finished Goods, Total	9.92M	12M	14.26M	5.77M	3.64M
Machinery, Total	7.39M	7.41M	6.82M	7.56M	7.51M
Full Time Employees	1.01K	971	816	667	422
Accumulated Allowance for Doubtful Accounts (Supple)	998K	1.85M	1.84M	1.84M	1.85M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	13.32M	13.13M	-56.58M	-9.59M	-2.49M
Depreciation & Amortization - CF	1.04M	1.22M	1.22M	1.28M	1.42M
Amortization of Goodwill and Intangible Assets - (CF)	1.4M	2.08M	2.15M	1.9M	779K
Depreciation & Amortization, Total	2.44M	3.3M	3.37M	3.18M	2.2M
(Gain) Loss From Sale Of Asset	106K	3K	17K	-1K	-87K
(Gain) Loss on Sale of Investments - (CF)	-13.45M	-38.83M	55.23M	-	-
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-
Stock-Based Compensation (CF)	3.61M	1.38M	340K	415K	345K
Provision and Write-off of Bad Debts	-688K	407K	83K	-	24K
Other Operating Activities, Total	1.88M	12.16M	-10.22M	-1.14M	265K
Change In Accounts Receivable	859K	-731K	930K	61K	-361K
Change In Inventories	-2.46M	-2.96M	-2.37M	8.49M	2.13M
Change In Accounts Payable	-690K	6.58M	2.98M	-10.67M	-5.47M
Change in Unearned Revenues	11.55M	-8.49M	7.45M	-15.24M	-8.64M
Change in Other Net Operating Assets	12.84M	12.28M	34.59M	3.79M	-36.07M
Cash from Operations	29.31M	-1.77M	35.83M	-20.72M	-48.16M
Capital Expenditure	-2.23M	-1.01M	-817K	-1.15M	-782K
Sale of Property, Plant, and Equipment	621K	64K	138K	-	92K
Cash Acquisitions	-	-	-	-	-
Sale (Purchase) of Intangible assets	-1.63M	-883K	-	-	-1.49M
Investment in Marketable and Equity Securities, Total	1.4M	89K	2.73M	-	-73K
Other Investing Activities, Total	-	-	-	71K	-
Cash from Investing	-1.84M	-1.74M	2.05M	-1.08M	-2.26M
Short Term Debt Issued, Total	-	-	-	-	685K
Total Debt Issued	-	-	-	-	685K
Long-Term Debt Repaid, Total	-991K	-44K	-43K	-44K	-34K
Total Debt Repaid	-991K	-44K	-43K	-44K	-34K
Issuance of Common Stock	-	268K	-	45K	-
Repurchase of Common Stock	-2.7M	-	-	-2.3M	-1.24M
Other Financing Activities, Total	-	-1.54M	-	-	-
Cash from Financing	-3.69M	-1.32M	-43K	-2.3M	-586K
Foreign Exchange Rate Adjustments	1.29M	-1.09M	-2.87M	1.22M	-954K
Net Change in Cash	25.08M	-5.93M	34.97M	-22.86M	-51.96M
Supplemental Items
Cash Interest Paid	92K	13K	5K	4K	-
Cash Income Tax Paid (Refund)	27K	11K	17K	-	-9K
Levered Free Cash Flow	25.5M	1.64M	37.52M	-16.85M	-45.81M
Unlevered Free Cash Flow	25.56M	1.65M	37.52M	-16.85M	-45.81M
Change In Net Working Capital	-20.96M	-8.93M	-43.53M	12.79M	45.12M
Net Debt Issued / Repaid	-991K	-44K	-43K	-44K	651K

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	1.78	-5.7	-4.94	-4.46	-0.98
Return on Total Capital	4.49	-14.64	-19.52	-91.92	37.81
Return On Equity %	32.85	23.76	-167.02	425.65	23.1
Return on Common Equity	32.83	23.23	-167.33	425.65	23.1
Margin Analysis
Gross Profit Margin %	44.24	46.34	54.63	57.18	60.13
SG&A Margin	43.52	50.1	57.5	59.05	61.07
EBITDA Margin %	1.58	-2.87	-2.16	-1.15	0.26
EBITA Margin %	1.32	-3.14	-2.4	-1.35	-0.3
EBIT Margin %	0.97	-3.61	-2.83	-1.65	-0.6
Income From Continuing Operations Margin %	3.35	3.02	-11.24	-1.52	-0.97
Net Income Margin %	3.34	2.94	-11.24	-1.52	-0.97
Net Avail. For Common Margin %	3.34	2.94	-11.24	-1.52	-0.97
Normalized Net Income Margin	2.62	-2.26	-1.74	-0.95	-0.45
Levered Free Cash Flow Margin	6.4	0.37	7.45	-2.68	-17.94
Unlevered Free Cash Flow Margin	6.42	0.37	7.45	-2.68	-17.94
Asset Turnover
Asset Turnover	2.94	2.52	2.8	4.32	2.61
Fixed Assets Turnover	25.05	28.83	35.07	54.34	23.79
Receivables Turnover (Average Receivables)	260.23	267.45	336.61	947.22	317.13
Inventory Turnover (Average Inventory)	25.7	21.85	17.4	26.91	21.64
Short Term Liquidity
Current Ratio	0.88	0.76	0.75	0.64	0.35
Quick Ratio	0.68	0.55	0.58	0.51	0.24
Operating Cash Flow to Current Liabilities	0.3	-0.02	0.23	-0.16	-0.62
Days Sales Outstanding (Average Receivables)	1.41	1.36	1.08	0.39	1.15
Days Outstanding Inventory (Average Inventory)	14.24	16.71	20.97	13.56	16.91
Average Days Payable Outstanding	28.19	30.6	39.59	29.62	48.15
Cash Conversion Cycle (Average Days)	-12.55	-12.53	-17.53	-15.67	-30.08
Long Term Solvency
Total Debt/Equity	25.42	18.42	300.49	-83.45	-72.21
Total Debt / Total Capital	20.27	15.56	75.03	-504.33	-259.89
LT Debt/Equity	16.69	12.43	170.54	-22.85	-36.29
Long-Term Debt / Total Capital	13.31	10.5	42.58	-138.07	-130.6
Total Liabilities / Total Assets	68.75	67.3	97.65	106.64	118.99
EBIT / Interest Expense	41.9	-1.24K	-2.85K	-2.6K	-
EBITDA / Interest Expense	126.43	-508.38	-841.6	-387.5	-
(EBITDA - Capex) / Interest Expense	102.16	-586.31	-1K	-674.75	-
Total Debt / EBITDA	1.08	-1.78	-2.77	-4.51	2.08
Net Debt / EBITDA	-4.21	6.68	18.28	38.34	-1.84
Total Debt / (EBITDA - Capex)	1.34	-1.54	-2.32	-2.59	2.51
Net Debt / (EBITDA - Capex)	-5.21	5.8	15.31	22.02	-2.22
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	63.43	12.04	12.88	24.99	-59.44
Gross Profit, 1 Yr. Growth %	80.49	17.35	33.07	30.85	-57.36
EBITDA, 1 Yr. Growth %	-146.53	-303.45	-15.17	-33.59	-113.54
EBITA, 1 Yr. Growth %	-135.56	-366.83	-13.81	-29.72	-87.69
EBIT, 1 Yr. Growth %	-124.02	-517.95	-11.62	-27	-80.92
Earnings From Cont. Operations, 1 Yr. Growth %	1.16K	0.81	-520.56	-83.05	-74.05
Net Income, 1 Yr. Growth %	1.23K	-1.41	-530.97	-83.05	-74.05
Normalized Net Income, 1 Yr. Growth %	-223.7	-592.66	-12.69	-32.05	-74.39
Diluted EPS Before Extra, 1 Yr. Growth %	-198.67	-2.45	-527.27	-83.03	-73.48
Accounts Receivable, 1 Yr. Growth %	-5.47	24.34	-38.18	-8.78	53.94
Inventory, 1 Yr. Growth %	34.82	20.95	18.86	-59.56	-36.86
Net Property, Plant and Equip., 1 Yr. Growth %	2.03	-7.22	-7.22	-32.36	29.6
Total Assets, 1 Yr. Growth %	39.6	23.63	-15.64	-23.36	-45.08
Tangible Book Value, 1 Yr. Growth %	-319.76	147.54	-219.33	31.57	8.13
Common Equity, 1 Yr. Growth %	54.88	29.34	-93.92	-316.25	57.15
Cash From Operations, 1 Yr. Growth %	1.46K	-106.04	-2.12K	-157.82	132.5
Capital Expenditures, 1 Yr. Growth %	143.51	-54.64	-19.35	40.64	-31.94
Levered Free Cash Flow, 1 Yr. Growth %	4.34K	-93.58	2.19K	-144.9	198.36
Unlevered Free Cash Flow, 1 Yr. Growth %	4.05K	-93.56	2.18K	-144.89	198.41
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	32.28	35.32	12.46	18.78	-28.8
Gross Profit, 2 Yr. CAGR %	69.66	45.53	24.96	31.96	-25.3
EBITDA, 2 Yr. CAGR %	-58.52	-2.7	31.37	-24.94	-72.37
EBITA, 2 Yr. CAGR %	-62.4	-2.6	51.65	-22.17	-72.31
EBIT, 2 Yr. CAGR %	-67.93	0.19	92.2	-19.68	-64.26
Earnings From Cont. Operations, 2 Yr. CAGR %	-52.68	256.6	105.9	-15.57	-79.03
Net Income, 2 Yr. CAGR %	-52.73	262.52	106.13	-14.53	-79.03
Normalized Net Income, 2 Yr. CAGR %	-32.58	9.14	107.4	-22.98	-60.51
Diluted EPS Before Extra, 2 Yr. CAGR %	-63.2	-1.89	104.16	-14.84	-78.79
Accounts Receivable, 2 Yr. CAGR %	-27.75	8.42	-12.33	-41.44	18.5
Inventory, 2 Yr. CAGR %	8.15	27.7	19.9	-30.67	-49.47
Net Property, Plant and Equip., 2 Yr. CAGR %	109.67	-2.7	-7.22	-20.78	-6.37
Total Assets, 2 Yr. CAGR %	23.51	31.37	2.12	-19.59	-35.12
Tangible Book Value, 2 Yr. CAGR %	-52.99	133.23	71.87	25.3	19.27
Common Equity, 2 Yr. CAGR %	151.39	41.53	-71.96	-63.74	84.35
Cash From Operations, 2 Yr. CAGR %	-0.93	-2.99	10.55	242.01	15.95
Capital Expenditures, 2 Yr. CAGR %	140.21	5.1	-39.51	6.5	-2.17
Levered Free Cash Flow, 2 Yr. CAGR %	257.17	68.88	21.31	220.73	8.51
Unlevered Free Cash Flow, 2 Yr. CAGR %	257.85	63.53	21.18	219.91	8.51
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	7.57	25.16	27.38	16.49	-16.98
Gross Profit, 3 Yr. CAGR %	18.59	50.04	41.26	26.89	-9.45
EBITDA, 3 Yr. CAGR %	-12.49	-29.53	-7.05	4.65	-62.77
EBITA, 3 Yr. CAGR %	-19.72	-27.74	-6.49	17.35	-62.2
EBIT, 3 Yr. CAGR %	-27.62	-24.53	-3.91	39.19	-54.31
Earnings From Cont. Operations, 3 Yr. CAGR %	11.81	-39.11	276.76	-10.43	-43.02
Net Income, 3 Yr. CAGR %	11.73	-39.61	284.04	-10.37	-42.55
Normalized Net Income, 3 Yr. CAGR %	20.87	-24.07	1.32	42.97	-51.41
Diluted EPS Before Extra, 3 Yr. CAGR %	-5.01	-49.07	60.22	-10.9	-42.28
Accounts Receivable, 3 Yr. CAGR %	-36.81	-13.42	-10.1	-24.74	-19.18
Inventory, 3 Yr. CAGR %	-5.73	12.26	24.68	-16.54	-32.8
Net Property, Plant and Equip., 3 Yr. CAGR %	159.38	59.78	-4.23	-16.5	-6.66
Total Assets, 3 Yr. CAGR %	13.27	23.55	13.34	-7.2	-29.19
Tangible Book Value, 3 Yr. CAGR %	-42.95	-18.22	86.54	57.22	19.29
Common Equity, 3 Yr. CAGR %	-3.86	101.44	-50.43	-44.6	-40.88
Cash From Operations, 3 Yr. CAGR %	25.5	-61.01	167.01	-10.93	200.72
Capital Expenditures, 3 Yr. CAGR %	58.95	37.82	-3.78	-19.87	-8.27
Levered Free Cash Flow, 3 Yr. CAGR %	29.66	-6.42	302.77	-12.9	203.54
Unlevered Free Cash Flow, 3 Yr. CAGR %	29.76	-6.22	293.58	-12.97	203.04
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	4.22	8.81	9.5	22.57	0.94
Gross Profit, 5 Yr. CAGR %	8.64	14.83	21.1	42.53	9.48
EBITDA, 5 Yr. CAGR %	-29.83	10.75	2.95	-27.73	-45.33
EBITA, 5 Yr. CAGR %	-33.07	9.12	3.54	-25.56	-44.8
EBIT, 5 Yr. CAGR %	-37.1	12.14	6.97	-22.62	-37.45
Earnings From Cont. Operations, 5 Yr. CAGR %	-19.47	9.05	42.74	-30.61	18.66
Net Income, 5 Yr. CAGR %	-19.51	8.52	42.74	-30.61	20.03
Normalized Net Income, 5 Yr. CAGR %	-15.74	13.18	8.22	-23.64	-32.84
Diluted EPS Before Extra, 5 Yr. CAGR %	-32.07	-3.12	29	-37.45	-28.64
Accounts Receivable, 5 Yr. CAGR %	-14.47	-14.61	-27.97	-25.96	-9.1
Inventory, 5 Yr. CAGR %	-2.51	2.53	3.79	-7.42	-13.12
Net Property, Plant and Equip., 5 Yr. CAGR %	48.69	69.3	71.93	20.68	-5.09
Total Assets, 5 Yr. CAGR %	23.28	10.57	8.67	4.05	-9.33
Tangible Book Value, 5 Yr. CAGR %	27.18	-17.32	-11.32	-3	55.98
Common Equity, 5 Yr. CAGR %	87.57	-0.64	-41.27	1.45	-16.18
Cash From Operations, 5 Yr. CAGR %	-5.01	-35.06	19.29	-7.06	91.26
Capital Expenditures, 5 Yr. CAGR %	23.76	24.85	8	24.31	-3.13
Levered Free Cash Flow, 5 Yr. CAGR %	0.86	-33.85	26.25	53.17	140.09
Unlevered Free Cash Flow, 5 Yr. CAGR %	0.91	-33.78	26.26	53.21	136.78