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PetIQ PETQ

Annual report 2023
added 02-29-2024

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PetIQ Financial Statements 2011-2025 | PETQ

Annual Financial Statements PetIQ

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Market Cap

396 M 397 M 641 M 854 K 696 M 503 M 323 M - - - - - -

Shares

29.1 M 29.2 M 28.2 M 24.6 K 22.7 M 17.2 M 13.2 M - - - - - -

Historical Prices

13.6 13.6 22.7 38.5 25.1 23.5 21.8 - - - - - -

Net Income

2.13 M -48.2 M -16 M -77.5 M -11.5 M -782 K -3.49 M -3.4 M - - - - -

Revenue

1.1 B 922 M 933 M 780 M 709 M 529 M 267 M 200 M 206 M - - - -

Cost of Revenue

849 M 712 M 746 M 645 M 602 M 445 M 215 M 168 M - - - - -

Gross Profit

253 M 210 M 186 M 135 M 107 M 83.3 M 51.2 M 32.5 M 39.2 M - - - -

Operating Income

37.1 M -20.2 M 15.9 M -3.19 M -3.14 M 7.75 M 13.3 M 702 K 3.57 M - - - -

Interest Expense

38.3 M 28.2 M 24.7 M 22.8 M 14.9 M 8.3 M 1.56 M 3.1 M 3.57 M - - - -

EBITDA

81.6 M 15.3 M 55.2 M 27.8 M 20.7 M 23.5 M 16.9 M 4.78 M 6.71 M - - - -

Operating Expenses

- - - 138 M 103 M 72.3 M 37.9 M 31.8 M 35.6 M - - - -

General and Administrative Expenses

196 M 183 M 171 M 138 M 103 M 72.3 M 37.9 M 31.8 M 35.6 M - - - -

All numbers in USD currency

Quarterly Income Statement PetIQ

2023-Q3 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

29.2 M - 29.2 M 29.3 M 29.2 M 29.1 M 28.9 M 28.5 M 26.4 M 25.7 M 24.9 M 24.4 M 23.7 M 23.4 M 23 M 22.4 M 21.8 M 21.3 M 16.9 M 16 M 14.6 M 13.2 M 13.2 M 13.2 M 13.2 M - - - - - - - - - - - - - - - - - - - - - - - -

Net Income

451 K - -49.1 M 4.63 M 3.13 M - -7.9 M 4.03 M 2.03 M - -70.2 M -1.48 M -2.1 M -13.8 M -5.89 M 3.82 M 1.61 M -5.26 M 2.22 M 2.5 M -2.03 M -3.39 M 859 K 6.07 M 4.28 M -1.18 M -2.51 M 598 K -304 K - - - - - - - - - - - - - - - - - - - -

Revenue

277 M - 210 M 252 M 276 M - 211 M 271 M 254 M - 162 M 267 M 187 M - 186 M 221 M 148 M 16.9 M 131 M 171 M 115 M 51.9 M 60.6 M 87.2 M 67 M 44.9 M 41.7 M 61.3 M 52.3 M - - - - - - - - - - - - - - - - - - - -

Cost of Revenue

204 M - 159 M 190 M 218 M - 168 M 211 M 207 M - 130 M 225 M 155 M - 159 M 186 M 124 M - 107 M 145 M 99.2 M - 48 M 71.2 M 54.8 M - - - - - - - - - - - - - - - - - - - - - - - -

Gross Profit

72.6 M - 50.8 M 62 M 57.6 M - 42.1 M 59.6 M 47.8 M - 32.3 M 42.2 M 32.2 M 20.5 M 27.3 M 34.9 M 24.7 M 16.9 M 24.2 M 26.3 M 15.9 M 10.5 M 12.5 M 16 M 12.2 M 7.65 M 6.16 M 8.96 M 9.77 M - - - - - - - - - - - - - - - - - - - -

Operating Income

9.36 M - -42.5 M 11.4 M 9.4 M - -3.18 M 16.5 M 7.13 M - -3.29 M 3.69 M 464 K -12.6 M -4.36 M 8.99 M 4.87 M -4.85 M 6.91 M 8.92 M -3.23 M 42 K 1.78 M 6.67 M 4.8 M 116 K -1.78 M 659 K 1.71 M - - - - - - - - - - - - - - - - - - - -

Interest Expense

-8.58 M - -7.28 M -6.3 M -6.12 M - -6.17 M -7.66 M -4.87 M - 7.83 M 5.97 M 4.7 M - 5.74 M 2.24 M 1.94 M - 2.16 M -2.22 M -1.94 M - 352 K -535 K -516 K - 737 K - - - - - - - - - - - - - - - - - - - - - -

EBITDA

20.2 M - -38.9 M 29 M 18.4 M - 25.8 M 36.9 M 19.5 M - 15.6 M 14.9 M 5.93 M -12.6 M 6.64 M 15 M 7.96 M -4.85 M 15.8 M 14.6 M -704 K 42 K 4.5 M 8.36 M 5.65 M 116 K 1.1 M 659 K 1.71 M - - - - - - - - - - - - - - - - - - - -

General and Administrative Expenses

55 M - 46 M 50.6 M 48.2 M - 45.3 M 43.1 M 40.7 M - 35.6 M 38.5 M 31.7 M 28.9 M 29.3 M 24.4 M 20.5 M 18.7 M 17.6 M 16.9 M 19 M 10.5 M 10.7 M 9.28 M 7.4 M 7.54 M 7.94 M 8.3 M 8.06 M - - - - - - - - - - - - - - - - - - - -

All numbers in USD currency

Financial statements are the primary tool companies use to inform stakeholders about their financial position, performance, and changes in capital structure. It is a kind of "business language" understood by investors, creditors, tax authorities, and other participants in the economic environment.

Main types of financial statements PetIQ PETQ
  1. Income Statement
    Shows income, expenses, and resulting profit or loss over a specific period. Helps assess business profitability.
  2. Balance Sheet
    Reflects a company’s assets, liabilities, and equity as of a specific date. It’s a snapshot of what the company owns and owes.
    Assets — everything the company owns (cash, equipment, buildings, accounts receivable, etc.).
    Liabilities — debts and other external sources of financing.
    Equity — owners' capital and retained earnings.
  3. Cash Flow Statement
    Reveals how the company earns and spends money in three areas: operating, investing, and financing activities.
International reporting standards
  • IFRS — International Financial Reporting Standards, applicable to public and multinational companies.
  • GAAP — Generally Accepted Accounting Principles used in the United States.
  • RAS — Russian Accounting Standards, used domestically in Russia.

Financial reporting PetIQ plays a crucial role for investors as it serves as an objective source of information about a company's current state. Based on the reports, one can determine whether a company is growing, stagnating, or losing market share. This allows investors to identify both promising and problematic assets in a timely manner.

In addition, financial data provides a basis for forecasting future returns. Historical trends in revenue, profit, and cash flow help evaluate potential dividends, the likelihood of stock price growth, and overall investment risk.

Transparent and accurate reporting is also an indicator of a company’s maturity and managerial responsibility. Such openness builds investor confidence and simplifies investment decision-making, especially when comparing multiple companies.

Finally, financial statements enable high-quality comparative analysis. They allow companies to be evaluated against each other in terms of profitability, debt levels, margins, and other key metrics — which is particularly important when choosing the best investment options within an industry or market segment.

Financial statements of other stocks in the Drug manufacturers industry

Issuer Price % 24h Market Cap Country
Alimera Sciences Alimera Sciences
ALIM
- - $ 142 M usaUSA
Assertio Holdings Assertio Holdings
ASRT
$ 0.74 -3.16 % $ 52.6 M usaUSA
Aerie Pharmaceuticals Aerie Pharmaceuticals
AERI
- - $ 754 M usaUSA
Canopy Growth Corporation Canopy Growth Corporation
CGC
$ 1.68 -3.51 % $ 181 M canadaCanada
AcelRx Pharmaceuticals AcelRx Pharmaceuticals
ACRX
- 7.5 % $ 6.35 M usaUSA
Adamis Pharmaceuticals Corporation Adamis Pharmaceuticals Corporation
ADMP
- 0.86 % $ 117 M usaUSA
Cronos Group Cronos Group
CRON
$ 3.09 -5.45 % $ 1.63 B canadaCanada
Agile Therapeutics Agile Therapeutics
AGRX
- 10.11 % $ 58.2 M usaUSA
Aurora Cannabis Aurora Cannabis
ACB
$ 5.22 -3.43 % $ 86.3 M canadaCanada
Catalent Catalent
CTLT
- - $ 11.5 B usaUSA
Calliditas Therapeutics AB (publ) Calliditas Therapeutics AB (publ)
CALT
- -0.1 % $ 2.03 B schwedenSchweden
HEXO Corp. HEXO Corp.
HEXO
- 2.45 % $ 38.1 M canadaCanada
DURECT Corporation DURECT Corporation
DRRX
- - $ 50.1 M usaUSA
Eagle Pharmaceuticals Eagle Pharmaceuticals
EGRX
- -39.89 % $ 27.7 M usaUSA
Endo International plc Endo International plc
ENDP
- - $ 28.9 M irlandaIrlanda
Emergent BioSolutions Emergent BioSolutions
EBS
$ 11.73 2.71 % $ 601 M usaUSA
Evoke Pharma Evoke Pharma
EVOK
$ 10.97 0.18 % $ 36.7 M usaUSA
Athenex Athenex
ATNX
- -23.39 % $ 1.76 M usaUSA
Avadel Pharmaceuticals plc Avadel Pharmaceuticals plc
AVDL
$ 21.42 0.28 % $ 2.04 B franceFrance
Evolus Evolus
EOLS
$ 7.13 1.21 % $ 442 M usaUSA
Harrow Health Harrow Health
HROW
$ 46.05 -2.15 % $ 1.5 B usaUSA
China Pharma Holdings China Pharma Holdings
CPHI
$ 1.53 -1.92 % $ 26.7 M chinaChina
Bausch Health Companies Bausch Health Companies
BHC
$ 6.8 -1.81 % $ 2.48 B canadaCanada
Lannett Company Lannett Company
LCI
- 1.15 % $ 7.11 M usaUSA
Organogenesis Holdings Organogenesis Holdings
ORGO
$ 4.89 1.45 % $ 644 M usaUSA
OrganiGram Holdings OrganiGram Holdings
OGI
$ 1.84 -4.43 % $ 402 M canadaCanada
Cumberland Pharmaceuticals Cumberland Pharmaceuticals
CPIX
$ 2.95 16.6 % $ 41.5 M usaUSA
Pacira BioSciences Pacira BioSciences
PCRX
$ 26.59 1.12 % $ 1.23 B usaUSA
Neoleukin Therapeutics Neoleukin Therapeutics
NLTX
- - $ 193 M canadaCanada
Rockwell Medical Rockwell Medical
RMTI
$ 0.9 -2.76 % $ 21 M usaUSA
Solid Biosciences Solid Biosciences
SLDB
$ 5.81 -1.11 % $ 237 M usaUSA
Sonoma Pharmaceuticals Sonoma Pharmaceuticals
SNOA
$ 3.44 -4.18 % $ 4.27 M usaUSA
Relmada Therapeutics Relmada Therapeutics
RLMD
$ 4.07 0.25 % $ 123 M usaUSA
Jupiter Wellness Jupiter Wellness
JUPW
- - $ 33.6 M usaUSA
Perrigo Company plc Perrigo Company plc
PRGO
$ 13.0 -1.03 % $ 1.79 B usaUSA
ProPhase Labs ProPhase Labs
PRPH
$ 0.11 -4.97 % $ 1.74 M usaUSA
Radius Health Radius Health
RDUS
- - $ 1.42 B usaUSA
Recro Pharma Recro Pharma
REPH
- -4.76 % $ 65.3 M usaUSA
Sundial Growers Sundial Growers
SNDL
$ 2.08 -5.96 % $ 3.37 M canadaCanada
OptiNose OptiNose
OPTN
- - $ 1.08 B usaUSA
Veru Veru
VERU
$ 2.46 1.6 % $ 332 M usaUSA
PLx Pharma PLx Pharma
PLXP
- -27.8 % $ 2.56 M usaUSA
SCYNEXIS SCYNEXIS
SCYX
$ 0.64 -1.5 % $ 30.6 M usaUSA
cbdMD cbdMD
YCBD
$ 1.55 28.75 % $ 6.68 M usaUSA
Tricida Tricida
TCDA
- - $ 3.25 M usaUSA
Tilray Tilray
TLRY
$ 11.11 -8.58 % $ 6.87 B canadaCanada
TherapeuticsMD TherapeuticsMD
TXMD
$ 1.74 -0.86 % $ 18.2 M usaUSA
Zomedica Corp. Zomedica Corp.
ZOM
- -0.21 % $ 98 M usaUSA
Viatris Viatris
VTRS
$ 11.68 0.26 % $ 14.2 B usaUSA