Fox Factory Holding (FOXF) Financials

Fox Factory Holding Corp (FOXF) is a company that specializes in design, manufacturing, and distribution of high-performance suspension products for the automotive, motorcycle, and mountain bike industries. In order to understand the financial health of the company, it is important to analyze its income statement. The income statement provides a snapshot of the company's revenues, expenses, and profitability. For FOXF, the income statement reveals that the company has been consistently generating strong revenues over the years. In the most recent fiscal year, FOXF reported a total revenue of $809.8 million. This represents a significant increase compared to the previous year's revenue of $604.9 million. The company's gross profit also increased from $265.7 million to $362.1 million during the same period.

Moving on to the profitability measures, FOXF's net income from stockholders also witnessed a notable growth. The company's net income from stockholders increased from $79.5 million to $108.1 million. This not only indicates the company's ability to generate profits but also its efficient management of expenses. Another important financial metric to consider is the company's EBIT. EBIT, or earnings before interest and taxes, is a measure of a company's operating profitability. FOXF reported an EBIT of $136.1 million for the most recent fiscal year, which signifies strong operational performance.

Furthermore, the company's EBITDA, or earnings before interest, taxes, depreciation, and amortization, is another crucial metric for evaluating its financial health. FOXF's EBITDA for the most recent fiscal year was $154.7 million, indicating its ability to generate cash flow from operations. These positive financial indicators demonstrate FOXF's strong position in the market and its ability to grow revenue and profitability consistently. By analyzing the company's balance sheet, we can gain further insights into its financial standing.

The balance sheet reveals the company's total assets, liabilities, and stockholders' equity. For FOXF, the total assets reported for the most recent fiscal year amounted to $926.4 million, whereas the total liabilities were $468.7 million. This implies that the company has a healthy asset base to support its operations and financial obligations. Additionally, the stockholders' equity, which reflects the residual value of the company's assets after deducting liabilities, stood at $457.7 million. This indicates the net worth of the company and its ability to withstand financial risks and challenges.

When considering the company's cash flow, we can separate it into several categories such as operating cash flow, investing cash flow, and financing cash flow. Operating cash flow represents the cash generated or used by the company's core operations. For FOXF, the operating cash flow for the most recent fiscal year was $133.2 million. This indicates the company's ability to generate cash from its day-to-day activities. The investing cash flow, on the other hand, represents cash used for investments in assets or acquired companies. FOXF reported an investing cash flow of ($32.0) million, suggesting that the company has made significant investments to support its growth and expansion.

Lastly, the financing cash flow reflects the cash generated or used for financing activities such as issuing or repurchasing stock, paying dividends, or obtaining or repaying debt. For FOXF, the financing cash flow for the most recent fiscal year was ($155.2) million, which indicates the company's debt repayment and stock repurchase activities. Overall, Fox Factory Holding Corp (FOXF) has demonstrated strong financial performance and stability, with increasing revenues, profitability, and stockholders' equity. This indicates the company's ability to generate cash flow from its operations, invest in its growth, and manage its financial obligations effectively.