Tile Shop Holdings Inc (OQ:TTS)

Sector:  Consumer Cyclicals Industry:  Home Improvement Products & Services Retailers
See Regulatory Filings on SEC
Company Contact
Address: 14000 Carlson Pkwy
PLYMOUTH MN 55441-5305
Tel: N/A
Website: https://www.tileshop.com
IR: See website
Key People
Peter H. Kamin
Chairman of the Board
Cabell H. Lolmaugh
President, Chief Executive Officer, Director
Nancy DiMattia
Chief Financial Officer, Senior Vice President
Mark Davis
Chief Accounting Officer, Vice President of Investor Relations
Business Overview
Tile Shop Holdings, Inc. is a specialty retailer of manufactured and natural stone tiles, setting and maintenance materials, and related accessories in the United States. As of December 31, 2016, the Company's assortment includes over 4,000 products from around the world that consists of natural stone, ceramic, porcelain, glass, cement, wood look, and metal tiles. Its natural stone products include marble, granite, quartz, sandstone, travertine, slate and onyx tiles. The Company manufactures its own setting and maintenance materials, such as thinset, grout and sealers, under its Superior brand name, as well as work with other vendors to manufacture private label products. As of December 31, 2016, the Company operated 123 stores in 31 states and the District of Columbia, with an average size of approximately 21,100 square feet. The Company also sells its products on its Website.
Financial Overview
For the six months ended 30 June 2019, Tile Shop Holdings Inc revenues decreased 4% to $175.8M. Net income decreased 87% to $1.2M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income also reflects Interest expense increase of 67% to $1.9M (expense), Stock-based Compensation in SGA increase of 20% to $600K (expense), Other income decrease of 76% to $17K (income).
Employees: 1,738 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $217.45M as of Jun 30, 2019
Annual revenue (TTM): $349.02M as of Jun 30, 2019
EBITDA (TTM): $38.90M as of Jun 30, 2019
Net annual income (TTM): $2.44M as of Jun 30, 2019
Free cash flow (TTM): -$29.52M as of Jun 30, 2019
Net Debt Last Fiscal Year: $59.11M as of Jun 30, 2019
Shares outstanding: 50,913,800 as of Jul 29, 2019
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization