What is Samsara Luggage Inc's earnings per share (EPS)?

Samsara Luggage Inc (SAML) reported diluted earnings per share of $0.00 for fiscal year 2023. This represents a 100.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Samsara Luggage Inc Financials

SAML

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2024 Currency USD FYE December

This page shows Samsara Luggage Inc (SAML) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 12 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI SAML FY2023 2026-04-22

Repeated cash burn left the business dependent on outside funding, while the asset base shrank faster than liabilities.

Across FY2021-FY2022, revenue more than tripled, yet the operating cash burn pattern barely changed, which suggests the core problem was an overhead structure far larger than the revenue base rather than a single weak selling year. That gap shows up in the balance sheet: cash slid to $12K by FY2023 even though liabilities were still $2.1M, so the earlier cash cushion was not being replenished by operations.

The gross margin rebound to 29.8% in FY2022 from 15.1% in FY2021 implies product-level economics improved. But overhead absorption never followed, with operating margin still at -117.3%; better unit economics did not scale into a self-funding operation.

This is a liquidity squeeze as much as an income-statement problem: current ratio fell from 0.6x in FY2021 to 0.1x in FY2022, meaning near-term obligations outweighed near-term resources. By FY2023 the company had only $12K of cash and negative equity, which means past losses had already consumed the capital buffer that would normally absorb setbacks.

Financial Health Signals

Financial Profile 0/100

Based on FY2023 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Samsara Luggage Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Liquidity

Samsara Luggage Inc's current ratio of 0.01 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Key Financial Metrics

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Earnings & Revenue

Revenue

N/A

EBITDA

N/A

Net Income

N/A

EPS (Diluted)

$0.00

YoY+100.0%

Samsara Luggage Inc earned $0.00 per diluted share (EPS) in fiscal year 2023. This represents an increase of 100.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$12K

YoY-92.9%

5Y CAGR-37.8%

10Y CAGR+28.6%

Samsara Luggage Inc held $12K in cash against $0 in long-term debt as of fiscal year 2023.

Dividends Per Share

N/A

Shares Outstanding

12M

YoY+163.8%

Samsara Luggage Inc had 12M shares outstanding in fiscal year 2023. This represents an increase of 163.8% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

SAML Income Statement

Metric	FY23	FY22	FY21	FY20	FY19	FY18
Revenue	N/A	$1.2M+239.4%	$345K-26.3%	$468K-27.9%	$649K+10716.7%	$6K
Cost of Revenue	N/A	$822K	N/A	$285K-45.7%	$525K+26150.0%	$2K
Gross Profit	N/A	$349K+571.2%	$52K-71.6%	$183K+47.6%	$124K+3000.0%	$4K
R&D Expenses	N/A	$178K-46.4%	$332K+49.5%	$222K+32.1%	$168K+23.5%	$136K
SG&A Expenses	N/A	$893K-31.5%	$1.3M+20.1%	$1.1M-23.8%	$1.4M+22.6%	$1.2M
Operating Income	N/A	-$1.4M+30.0%	-$2.0M-35.0%	-$1.5M+23.8%	-$1.9M-30.2%	-$1.5M
Interest Expense	N/A	$33K	N/A	N/A	$314K+125.9%	$139K
Income Tax	N/A	$0	$0	$0	$0	$0
Net Income	N/A	-$2.4M+37.0%	-$3.8M-234.8%	-$1.1M+63.7%	-$3.1M-95.9%	-$1.6M
EPS (Diluted)	$0.00+100.0%	$-0.84+71.7%	$-2.97	N/A	N/A	N/A

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Revenue	$666K-28.3%	$929K-15.5%	$1.1M	N/A	$9K-91.1%	$101K-59.3%	$248K-68.7%	$793K
Cost of Revenue	$404K-34.8%	$620K-20.4%	$779K	N/A	$17K-57.5%	$40K-72.6%	$146K-72.7%	$535K
Gross Profit	$262K-15.2%	$309K-3.4%	$320K	N/A	-$8K-113.1%	$61K-40.2%	$102K-60.5%	$258K
R&D Expenses	N/A	N/A	$0	N/A	N/A	$5K-86.8%	$38K-42.4%	$66K
SG&A Expenses	$1.1M+144.1%	$469K-61.9%	$1.2M	N/A	$81K-66.0%	$238K+108.8%	$114K-57.5%	$268K
Operating Income	-$883K-221.1%	-$275K+69.9%	-$914K	N/A	-$89K+49.7%	-$177K-47.5%	-$120K+15.5%	-$142K
Interest Expense	$4K	$0-100.0%	$4K	N/A	$37K-27.5%	$51K-54.9%	$113K	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$920K-223.9%	-$284K+71.6%	-$1.0M	N/A	N/A	$49K+120.6%	-$238K+66.3%	-$706K
EPS (Diluted)	$0.00	$0.00	$0.00	N/A	$-0.07	$0.00+100.0%	$-0.05	N/A

SAML Balance Sheet

Metric	FY23	FY22	FY21	FY20	FY19	FY18
Total Assets	$12K-96.5%	$345K-64.7%	$977K+354.4%	$215K-65.4%	$621K+68.3%	$369K
Current Assets	$12K-96.5%	$345K-64.6%	$974K+361.6%	$211K-65.7%	$616K+66.9%	$369K
Cash & Equivalents	$12K-92.9%	$168K-79.7%	$827K+1431.5%	$54K-88.7%	$477K+269.8%	$129K
Inventory	$0-100.0%	$155K+64.9%	$94K-38.6%	$153K+22.4%	$125K-31.7%	$183K
Accounts Receivable	$0-100.0%	$1K	N/A	$4K	N/A	N/A
Goodwill	$0	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$2.1M-14.1%	$2.5M+48.1%	$1.7M+48.6%	$1.1M-37.7%	$1.8M+175.1%	$658K
Current Liabilities	$2.1M-11.0%	$2.3M+38.5%	$1.7M+48.6%	$1.1M-37.7%	$1.8M+192.9%	$618K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$2.1M+0.8%	-$2.1M-206.0%	-$698K+23.5%	-$912K+23.3%	-$1.2M-311.4%	-$289K
Retained Earnings	-$12.7M-1.1%	-$12.6M-23.6%	-$10.2M-59.9%	-$6.4M-21.8%	-$5.2M-150.0%	-$2.1M

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Total Assets	$13.5M-1.5%	$13.7M+7.9%	$12.7M+105975.0%	$12K-90.0%	$120K-32.2%	$177K-17.3%	$214K-38.0%	$345K
Current Assets	$3.8M-4.9%	$4.0M+21.5%	$3.3M+27191.7%	$12K-90.0%	$120K-32.2%	$177K-17.3%	$214K-38.0%	$345K
Cash & Equivalents	$102K-41.0%	$173K+10.2%	$157K+1208.3%	$12K-65.7%	$35K-55.7%	$79K+38.6%	$57K-66.1%	$168K
Inventory	$815K-3.8%	$847K-5.0%	$892K	$0-100.0%	$72K-6.5%	$77K-46.2%	$143K-7.7%	$155K
Accounts Receivable	$852K-2.1%	$870K-23.3%	$1.1M	$0	N/A	$10K-16.7%	$12K+1100.0%	$1K
Goodwill	$9.0M0.0%	$9.0M+2645.6%	$327K	$0	N/A	N/A	N/A	N/A
Total Liabilities	$5.5M+0.8%	$5.4M-13.2%	$6.3M+194.4%	$2.1M-28.8%	$3.0M+25.6%	$2.4M-6.6%	$2.5M+2.7%	$2.5M
Current Liabilities	$5.3M+0.9%	$5.3M-2.8%	$5.4M+162.0%	$2.1M-29.4%	$2.9M+27.5%	$2.3M-5.4%	$2.4M+4.6%	$2.3M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$8.0M-3.0%	$8.3M+28.4%	$6.5M+405.0%	-$2.1M+26.2%	-$2.9M-30.3%	-$2.2M+5.6%	-$2.3M-9.2%	-$2.1M
Retained Earnings	-$14.7M-6.7%	-$13.8M-0.2%	-$13.7M-7.8%	-$12.7M+5.4%	-$13.5M-5.4%	-$12.8M+0.4%	-$12.8M-1.9%	-$12.6M

SAML Cash Flow Statement

Metric	FY23	FY22	FY21	FY20	FY19	FY18
Operating Cash Flow	N/A	-$904K-6.5%	-$849K-38.3%	-$614K+44.2%	-$1.1M-197.3%	-$370K
Capital Expenditures	N/A	N/A	N/A	N/A	$6K+346.8%	$1K
Free Cash Flow	N/A	N/A	N/A	N/A	-$1.1M-197.8%	-$371K
Investing Cash Flow	N/A	N/A	N/A	N/A	-$6K+83.9%	-$37K
Financing Cash Flow	N/A	$245K-84.9%	$1.6M+749.2%	$191K-86.9%	$1.5M+262.6%	$401K
Dividends Paid	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

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Operating Cash Flow	-$723K-839.0%	-$77K-146.7%	$165K	N/A	-$44K-300.0%	$22K+123.2%	-$95K-458.8%	-$17K
Capital Expenditures	N/A	N/A	$795K	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	-$630K	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$1K+99.6%	-$260K+97.3%	-$9.5M	N/A	$0	$0	$0	N/A
Financing Cash Flow	$653K+85.0%	$353K-96.3%	$9.5M	N/A	$0	$0+100.0%	-$16K-126.7%	$60K
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	N/A	N/A

SAML Financial Ratios

Metric	FY23	FY22	FY21	FY20	FY19	FY18
Gross Margin	N/A	29.8%+14.7pp	15.1%-24.0pp	39.1%+20.0pp	19.1%-47.6pp	66.7%
Operating Margin	N/A	-117.3%+451.2pp	-568.4%-257.9pp	-310.5%-16.6pp	-293.8%+24122.8pp	-24416.7%
Net Margin	N/A	-205.5%+900.9pp	-1106.4%-862.8pp	-243.6%+240.5pp	-484.1%+26249.2pp	-26733.3%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	-697.4%-306.7pp	-390.7%+139.5pp	-530.2%-24.3pp	-506.0%-71.3pp	-434.7%
Current Ratio	0.01-0.1	0.15-0.4	0.58+0.4	0.19-0.2	0.34-0.3	0.60
Debt-to-Equity	-1.01+0.2	-1.16+1.2	-2.40-1.2	-1.24+0.3	-1.52+0.8	-2.28
FCF Margin	N/A	N/A	N/A	N/A	-170.4%+6018.6pp	-6189.1%

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Gross Margin	39.3%+6.1pp	33.3%+4.1pp	29.1%	N/A	-88.9%-149.3pp	60.4%+19.3pp	41.1%+8.6pp	32.5%
Operating Margin	-132.6%-103.0pp	-29.6%+53.6pp	-83.2%	N/A	-988.9%-813.6pp	-175.3%-126.9pp	-48.4%-30.5pp	-17.9%
Net Margin	-138.1%-107.6pp	-30.6%+60.4pp	-91.0%	N/A	N/A	48.5%+144.5pp	-96.0%-6.9pp	-89.0%
Return on Equity	-11.4%-8.0pp	-3.4%+12.1pp	-15.5%	N/A	N/A	N/A	N/A	N/A
Return on Assets	-6.8%-4.7pp	-2.1%+5.8pp	-7.9%	N/A	N/A	27.7%+138.9pp	-111.2%+93.4pp	-204.6%
Current Ratio	0.71-0.0	0.76+0.2	0.61+0.6	0.01-0.0	0.04-0.0	0.08-0.0	0.09-0.1	0.15
Debt-to-Equity	0.68+0.0	0.66-0.3	0.97+2.0	-1.01+0.0	-1.04+0.0	-1.08+0.0	-1.09+0.1	-1.16
FCF Margin	N/A	N/A	-57.3%	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$2.1M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.01), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What are Samsara Luggage Inc's total assets?

Samsara Luggage Inc (SAML) had $12K in total assets as of fiscal year 2023, including both current and long-term assets.

How many shares does Samsara Luggage Inc have outstanding?

Samsara Luggage Inc (SAML) had 12M shares outstanding as of fiscal year 2023.

What is Samsara Luggage Inc's current ratio?

Samsara Luggage Inc (SAML) had a current ratio of 0.01 as of fiscal year 2023, which is below 1.0, which may suggest potential liquidity concerns.

What is Samsara Luggage Inc's debt-to-equity ratio?

Samsara Luggage Inc (SAML) had a debt-to-equity ratio of -1.01 as of fiscal year 2023, measuring the company's financial leverage by comparing total debt to shareholder equity.

Why is Samsara Luggage Inc's debt-to-equity ratio negative or unusual?

Samsara Luggage Inc (SAML) has negative shareholder equity of -$2.1M as of fiscal year 2023, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

How financially healthy is Samsara Luggage Inc?

Samsara Luggage Inc (SAML) scores 0 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.