Alpine 4 Holdings Inc Financials

ALPP

Key Financial Metrics

Revenue

$104.6M

YoY+102.5%

5Y CAGR+65.9%

Alpine 4 Holdings Inc generated $104.6M in revenue in fiscal year 2022. This represents an increase of 102.5% from the prior year.

EBITDA

-$6.5M

YoY+65.0%

Alpine 4 Holdings Inc's EBITDA was -$6.5M in fiscal year 2022, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 65.0% from the prior year.

Free Cash Flow

-$20.6M

YoY+28.8%

Alpine 4 Holdings Inc generated -$20.6M in free cash flow in fiscal year 2022, representing cash available after capital expenditures. This represents an increase of 28.8% from the prior year.

Net Income

-$12.9M

YoY+33.9%

Alpine 4 Holdings Inc reported -$12.9M in net income in fiscal year 2022. This represents an increase of 33.9% from the prior year.

EPS (Diluted)

$-0.07

YoY+41.7%

Alpine 4 Holdings Inc earned $-0.07 per diluted share in fiscal year 2022. This represents an increase of 41.7% from the prior year.

Cash & Debt

$2.7M

YoY-28.0%

5Y CAGR+83.5%

Alpine 4 Holdings Inc held $2.7M in cash against $22.1M in long-term debt as of fiscal year 2022.

Dividends Per Share

N/A

Shares Outstanding

N/A

Gross Margin

20.8%

YoY+5.9pp

5Y CAGR-8.2pp

Alpine 4 Holdings Inc's gross margin was 20.8% in fiscal year 2022, indicating the percentage of revenue retained after direct costs. This is up 5.9 percentage points from the prior year.

Operating Margin

-10.3%

YoY+32.6pp

5Y CAGR-5.4pp

Alpine 4 Holdings Inc's operating margin was -10.3% in fiscal year 2022, reflecting core business profitability. This is up 32.6 percentage points from the prior year.

Net Margin

-12.3%

YoY+25.4pp

5Y CAGR+23.7pp

Alpine 4 Holdings Inc's net profit margin was -12.3% in fiscal year 2022, showing the share of revenue converted to profit. This is up 25.4 percentage points from the prior year.

Return on Equity

N/A

R&D Spending

$877K

YoY-40.2%

Alpine 4 Holdings Inc invested $877K in research and development in fiscal year 2022. This represents a decrease of 40.2% from the prior year.

Share Buybacks

YoY-100.0%

Alpine 4 Holdings Inc spent $0 on share buybacks in fiscal year 2022, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 100.0% from the prior year.

Capital Expenditures

$1.1M

YoY-70.1%

Alpine 4 Holdings Inc invested $1.1M in capital expenditures in fiscal year 2022, funding long-term assets and infrastructure. This represents a decrease of 70.1% from the prior year.

ALPP Income Statement

Metric	FY22	FY22	FY21	FY20	FY19	FY18
Revenue	$104.6M+102.5%	$51.6M+54.4%	$33.5M+18.8%	$28.2M+97.4%	$14.3M+71.5%	$8.3M
Cost of Revenue	$82.8M+88.5%	$43.9M+56.4%	$28.1M+24.8%	$22.5M+138.4%	$9.4M+59.8%	$5.9M
Gross Profit	$21.7M+182.1%	$7.7M+43.5%	$5.4M-4.9%	$5.6M+17.0%	$4.8M+100.0%	$2.4M
R&D Expenses	$877K-40.2%	$1.5M	$0	N/A	N/A	N/A
SG&A Expenses	$37.5M+34.1%	$28.0M+188.7%	$9.7M+19.4%	$8.1M+48.5%	$5.5M+94.4%	$2.8M
Operating Income	-$10.8M+51.4%	-$22.1M-275.3%	-$5.9M-137.7%	-$2.5M-281.9%	-$649K-60.9%	-$404K
Interest Expense	$3.1M-5.0%	$3.3M-39.8%	$5.5M+4.3%	$5.2M+67.8%	$3.1M+147.2%	$1.3M
Income Tax	-$734K+62.2%	-$1.9M-292.6%	-$495K-468.7%	-$87K-100.6%	-$43K+83.2%	-$258K
Net Income	-$12.9M+33.9%	-$19.5M-154.8%	-$7.6M-144.1%	-$3.1M+60.4%	-$7.9M-163.8%	-$3.0M
EPS (Diluted)	$-0.07+41.7%	$-0.12-100.0%	$-0.06-50.0%	$-0.04	N/A	N/A

Metric	Q3'23	Q2'23	Q1'23	Q3'23	Q3'23	Q2'23	Q1'23	Q4'22
Revenue	$25.6M-8.6%	$28.0M+15.0%	$24.4M	N/A	$27.5M+8.8%	$25.3M-1.3%	$25.6M	N/A
Cost of Revenue	$22.2M+9.9%	$20.2M+5.7%	$19.1M	N/A	$21.9M+14.6%	$19.1M-4.2%	$20.0M	N/A
Gross Profit	$3.4M-56.8%	$7.8M+49.3%	$5.2M	N/A	$5.6M-9.2%	$6.2M+9.3%	$5.6M	N/A
R&D Expenses	$1.4M-12.4%	$1.6M+1315.7%	$114K	N/A	$27K-93.3%	$395K+105.7%	$192K	N/A
SG&A Expenses	$9.0M-9.3%	$9.9M-3.4%	$10.2M	N/A	$9.6M+4.0%	$9.2M+0.2%	$9.2M	N/A
Operating Income	-$40.3M-984.4%	-$3.7M+27.7%	-$5.1M	N/A	-$3.9M-264.6%	$2.4M+163.1%	-$3.8M+70.0%	-$12.5M
Interest Expense	$1.2M+7.9%	$1.1M+11.0%	$999K	N/A	$1.1M+9.2%	$962K+58.1%	$609K	N/A
Income Tax	-$116K+55.5%	-$260K+20.5%	-$327K	N/A	-$196K-253.2%	$128K+138.5%	-$333K	N/A
Net Income	-$40.9M-797.8%	-$4.6M+21.1%	-$5.8M	N/A	-$4.8M-409.4%	$1.5M+138.5%	-$4.0M	N/A
EPS (Diluted)	$-1.49-727.8%	$-0.18+21.7%	$-0.23	N/A	$-0.19-371.4%	$0.07+141.2%	$-0.17	N/A

ALPP Balance Sheet

Metric	FY22	FY22	FY21	FY20	FY19	FY18
Total Assets	$145.6M+8.2%	$134.6M+223.7%	$41.6M+16.2%	$35.8M+99.6%	$17.9M+12.3%	$16.0M
Current Assets	$48.9M+14.1%	$42.8M+303.3%	$10.6M-14.1%	$12.4M+129.1%	$5.4M+48.8%	$3.6M
Cash & Equivalents	$2.7M-28.0%	$3.7M+1237.8%	$278K-8.2%	$302K+46.0%	$207K+61.2%	$129K
Inventory	$25.3M+3.4%	$24.4M+815.8%	$2.7M+11.1%	$2.4M+10.4%	$2.2M+79.4%	$1.2M
Accounts Receivable	$17.1M+44.3%	$11.9M+83.1%	$6.5M-25.7%	$8.7M+234.5%	$2.6M+67.3%	$1.6M
Goodwill	$22.7M0.0%	$22.7M+987.8%	$2.1M-17.2%	$2.5M-21.2%	$3.2M+62.6%	$2.0M
Total Liabilities	$75.6M+19.8%	$63.1M+13.1%	$55.8M+16.9%	$47.8M+62.3%	$29.4M+60.1%	$18.4M
Current Liabilities	$33.3M+9.5%	$30.4M+80.7%	$16.8M-22.2%	$21.6M+38.9%	$15.6M+55.9%	$10.0M
Long-Term Debt	$22.1M-8.8%	$24.2M	N/A	N/A	N/A	N/A
Total Equity	$70.0M-2.1%	$71.5M+602.2%	-$14.2M-18.9%	-$12.0M-4.1%	-$11.5M-198.1%	-$3.9M
Retained Earnings	-$71.7M-21.8%	-$58.9M-49.5%	-$39.4M-24.1%	-$31.7M-11.3%	-$28.5M-39.6%	-$20.4M

Metric	Q3'23	Q2'23	Q1'23	Q3'23	Q3'23	Q2'23	Q1'23	Q4'22
Total Assets	$104.5M-26.7%	$142.6M+0.5%	$141.9M-2.5%	$145.6M+2.1%	$142.6M+4.5%	$136.5M+3.5%	$131.9M-2.0%	$134.6M
Current Assets	$44.8M-6.6%	$48.0M+5.4%	$45.6M-6.8%	$48.9M-3.9%	$50.9M+14.2%	$44.5M+9.0%	$40.8M-4.7%	$42.8M
Cash & Equivalents	$2.9M-23.6%	$3.8M+705.6%	$475K-82.2%	$2.7M-51.0%	$5.5M+30.8%	$4.2M+362.8%	$901K-75.8%	$3.7M
Inventory	$22.2M-7.4%	$24.0M-4.9%	$25.3M0.0%	$25.3M+1.1%	$25.0M+5.5%	$23.7M+4.8%	$22.6M-7.5%	$24.4M
Accounts Receivable	$16.1M-3.4%	$16.6M+7.0%	$15.5M-9.3%	$17.1M+4.1%	$16.5M+26.4%	$13.0M-4.4%	$13.6M+14.7%	$11.9M
Goodwill	$7.8M-65.7%	$22.7M0.0%	$22.7M0.0%	$22.7M0.0%	$22.7M0.0%	$22.7M0.0%	$22.7M0.0%	$22.7M
Total Liabilities	$83.9M+2.8%	$81.6M+5.2%	$77.5M+2.5%	$75.6M+12.7%	$67.1M+1.0%	$66.5M+4.2%	$63.8M+1.1%	$63.1M
Current Liabilities	$52.0M+12.1%	$46.4M+11.8%	$41.5M+24.6%	$33.3M+17.3%	$28.4M-9.1%	$31.2M+14.4%	$27.3M-10.2%	$30.4M
Long-Term Debt	$21.2M-1.8%	$21.6M-0.2%	$21.7M-2.0%	$22.1M-1.9%	$22.5M+8.8%	$20.7M-26.0%	$28.0M+15.6%	$24.2M
Total Equity	$20.8M-65.9%	$61.0M-5.3%	$64.4M-8.0%	$70.0M-7.2%	$75.5M+7.8%	$70.0M+2.8%	$68.1M-4.8%	$71.5M
Retained Earnings	-$122.8M-49.6%	-$82.1M-5.9%	-$77.5M-8.0%	-$71.7M-8.5%	-$66.1M-7.8%	-$61.3M+2.4%	-$62.9M-6.8%	-$58.9M

ALPP Cash Flow Statement

Metric	FY22	FY22	FY21	FY20	FY19	FY18
Operating Cash Flow	-$19.6M+23.0%	-$25.4M-1124.7%	-$2.1M-6.9%	-$1.9M-54.8%	-$1.3M+17.0%	-$1.5M
Capital Expenditures	$1.1M-70.1%	$3.6M+4619.5%	$76K	N/A	N/A	N/A
Free Cash Flow	-$20.6M+28.8%	-$29.0M-1247.6%	-$2.2M	N/A	N/A	N/A
Investing Cash Flow	$11.3M+127.4%	-$41.2M-1827.9%	-$2.1M+28.8%	-$3.0M-55.4%	-$1.9M-1.9%	-$1.9M
Financing Cash Flow	$7.3M-89.6%	$69.6M+1402.5%	$4.6M-4.1%	$4.8M+48.0%	$3.3M+12.5%	$2.9M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$0-100.0%	$186K	$0	N/A	N/A	N/A

Metric	Q3'23	Q2'23	Q1'23	Q3'23	Q3'23	Q2'23	Q1'23	Q4'22
Operating Cash Flow	N/A	N/A	-$32K	N/A	N/A	N/A	-$5.9M	N/A
Capital Expenditures	N/A	N/A	$1.5M	N/A	N/A	N/A	$363K	N/A
Free Cash Flow	N/A	N/A	-$1.5M	N/A	N/A	N/A	-$6.3M	N/A
Investing Cash Flow	N/A	N/A	-$1.5M	N/A	N/A	N/A	-$363K	N/A
Financing Cash Flow	N/A	N/A	-$664K	N/A	N/A	N/A	$3.4M	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	$0	N/A

ALPP Financial Ratios

Metric	FY22	FY22	FY21	FY20	FY19	FY18
Gross Margin	20.8%+5.9pp	14.9%-1.1pp	16.0%-4.0pp	20.0%-13.8pp	33.8%+4.8pp	29.0%
Operating Margin	-10.3%+32.6pp	-42.8%-25.2pp	-17.6%-8.8pp	-8.8%-4.3pp	-4.5%+0.3pp	-4.9%
Net Margin	-12.3%+25.4pp	-37.7%-14.9pp	-22.9%-11.7pp	-11.1%+44.3pp	-55.5%-19.4pp	-36.0%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-8.8%+5.6pp	-14.5%+3.9pp	-18.4%-9.6pp	-8.8%+35.3pp	-44.1%-25.3pp	-18.8%
Current Ratio	1.47+0.1	1.41+0.8	0.63+0.1	0.57+0.2	0.35-0.0	0.36
Debt-to-Equity	0.32-0.0	0.34+4.3	-3.92+0.1	-3.99-1.4	-2.56+2.2	-4.77
FCF Margin	-19.7%+36.4pp	-56.1%-49.7pp	-6.4%	N/A	N/A	N/A

Metric	Q3'23	Q2'23	Q1'23	Q3'23	Q3'23	Q2'23	Q1'23	Q4'22
Gross Margin	13.1%-14.6pp	27.8%+6.4pp	21.4%	N/A	20.3%-4.0pp	24.4%+2.3pp	22.0%	N/A
Operating Margin	-157.5%-144.3pp	-13.3%+7.8pp	-21.1%	N/A	-14.2%-23.6pp	9.4%+24.1pp	-14.7%	N/A
Net Margin	-159.6%-143.4pp	-16.2%+7.4pp	-23.7%	N/A	-17.3%-23.4pp	6.1%+21.7pp	-15.6%	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	2.2%	N/A	N/A
Return on Assets	-39.1%-35.9pp	-3.2%+0.9pp	-4.1%	N/A	-3.3%-4.5pp	1.1%+4.2pp	-3.0%	N/A
Current Ratio	0.86-0.2	1.03-0.1	1.10-0.4	1.47-0.3	1.79+0.4	1.43-0.1	1.50+0.1	1.41
Debt-to-Equity	1.02+0.7	0.35+0.0	0.34+0.0	0.32+0.0	0.300.0	0.30-0.1	0.41+0.1	0.34
FCF Margin	N/A	N/A	-6.3%	N/A	N/A	N/A	-24.5%	N/A

Frequently Asked Questions

What is Alpine 4 Holdings Inc's annual revenue?

Alpine 4 Holdings Inc (ALPP) reported $104.6M in revenue for fiscal year 2022.

How fast is Alpine 4 Holdings Inc's revenue growing?

Alpine 4 Holdings Inc (ALPP) revenue grew by 102.5% year-over-year, from $51.6M to $104.6M in fiscal year 2022.

Is Alpine 4 Holdings Inc profitable?

No, Alpine 4 Holdings Inc (ALPP) reported a net income of -$12.9M in fiscal year 2022, with a net profit margin of -12.3%.

What is Alpine 4 Holdings Inc's earnings per share (EPS)?

Alpine 4 Holdings Inc (ALPP) reported diluted earnings per share of $-0.07 for fiscal year 2022.

What is Alpine 4 Holdings Inc's EBITDA?

Alpine 4 Holdings Inc (ALPP) had EBITDA of -$6.5M in fiscal year 2022, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Alpine 4 Holdings Inc have?

As of fiscal year 2022, Alpine 4 Holdings Inc (ALPP) had $2.7M in cash and equivalents against $22.1M in long-term debt.

What is Alpine 4 Holdings Inc's gross margin?

Alpine 4 Holdings Inc (ALPP) had a gross margin of 20.8% in fiscal year 2022, indicating the percentage of revenue retained after direct costs of goods sold.

What is Alpine 4 Holdings Inc's operating margin?

Alpine 4 Holdings Inc (ALPP) had an operating margin of -10.3% in fiscal year 2022, reflecting the profitability of core business operations before interest and taxes.

What is Alpine 4 Holdings Inc's net profit margin?

Alpine 4 Holdings Inc (ALPP) had a net profit margin of -12.3% in fiscal year 2022, representing the share of revenue converted into profit after all expenses.

What is Alpine 4 Holdings Inc's free cash flow?

Alpine 4 Holdings Inc (ALPP) generated -$20.6M in free cash flow during fiscal year 2022, representing cash available after capital expenditures.

What is Alpine 4 Holdings Inc's operating cash flow?

Alpine 4 Holdings Inc (ALPP) generated -$19.6M in operating cash flow during fiscal year 2022, representing cash generated from core business activities.

What are Alpine 4 Holdings Inc's total assets?

Alpine 4 Holdings Inc (ALPP) had $145.6M in total assets as of fiscal year 2022, including both current and long-term assets.

What are Alpine 4 Holdings Inc's capital expenditures?

Alpine 4 Holdings Inc (ALPP) invested $1.1M in capital expenditures during fiscal year 2022, funding long-term assets and infrastructure.

How much does Alpine 4 Holdings Inc spend on research and development?

Alpine 4 Holdings Inc (ALPP) invested $877K in research and development during fiscal year 2022.

What is Alpine 4 Holdings Inc's current ratio?

Alpine 4 Holdings Inc (ALPP) had a current ratio of 1.47 as of fiscal year 2022, which is considered adequate.

What is Alpine 4 Holdings Inc's debt-to-equity ratio?

Alpine 4 Holdings Inc (ALPP) had a debt-to-equity ratio of 0.32 as of fiscal year 2022, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Alpine 4 Holdings Inc's return on assets (ROA)?

Alpine 4 Holdings Inc (ALPP) had a return on assets of -8.8% for fiscal year 2022, measuring how efficiently the company uses its assets to generate profit.