Company Quick10K Filing
LightInTheBox
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 134 $172
20-F 2019-04-29 Annual: 2018-12-31
20-F 2018-03-28 Annual: 2017-12-31
20-F 2017-03-30 Annual: 2016-12-31
20-F 2016-04-29 Annual: 2015-12-31
20-F 2014-04-28 Annual: 2013-12-31

LightInTheBox Financials

LITB Metrics, Comps, Filings

Annual | Quarterly

Business

We were founded in June 2007 by Mr. Quji (Alan) Guo, Mr. Xin (Kevin) Wen, Mr. Liang Zhang, Mr. Jun Liu and Mr. Chit Jeremy Chau. We operated our business at the time through Light In The Box Limited. In March 2008, we incorporated LightInTheBox Holding Co., Ltd., which, through a corporate restructuring, became our ultimate holding company.

In June 2013, we completed our initial public offering, in which we offered and sold 19,090,000 ordinary shares in the form of ADSs, raising $75.0 million in proceeds before expenses to us. Our ADSs are listed on the NYSE under the symbol "LITB."

On June 8, 2016, we announced the implementation of a share repurchase program of up to $10.0 million worth of our outstanding ADSs, each representing two of ordinary shares, on the open market at prevailing market prices or in privately negotiated transactions from June 15, 2016 through June 14, 2017. Our board of directors subsequently extended the existing share repurchase program for an additional twelve month period, to June 14, 2018. As of its termination on June 14, 2018, $7.2 million of our ADSs were repurchased under this program. See "Item 16E. Purchases of Equity Securities by the Issuer and Affiliated Purchasers."


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Amazon (AMZN) 957,852,840 42% 26.9 7% 191,351,000 138,290,000 255,187,000 107,141,000 13,494,000 35,629,000 959,953,840
CDW (CDW) 16,150,307 17% 16.0 9% 7,921,900 6,985,800 17,035,800 2,853,300 692,500 1,200,600 19,250,707
Wayfair (W) 13,385,650 24% -25.8 -31% 2,182,100 2,787,457 8,007,729 1,907,948 -677,898 -521,666 13,472,143
Baozun (BZUN) 5,474,854 0% 4,015,824 1,820,808 0 0 0 0 4,960,752
Stitch Fix (SFIX) 3,101,202 57% 53.0 8% 591,482 216,347 1,145,409 654,183 47,986 55,565 2,944,523
Insight Enterprises (NSIT) 1,891,133 14% 6.6 5% 3,285,997 2,206,414 7,018,259 1,012,999 168,520 275,076 1,823,358
Nutri System (NTRI) 1,303,645 53% 13.2 29% 204,237 57,721 691,039 365,804 58,593 92,764 1,222,242
PC Connection (CNXN) 895,638 15% 7.1 8% 911,802 351,635 2,742,021 423,580 71,461 116,832 825,899
Vipshop (VIPS) 728,435 0% 43,562,663 26,351,870 0 0 0 0 -9,310,037
Overstock.com (OSTK) 458,812 19% -2.7 -34% 449,174 250,094 1,634,566 315,319 -154,175 -123,258 335,205
PCM (PCMI) 333,301 16% 8.1 3% 775,903 608,359 2,157,013 344,002 24,956 55,008 444,708
LightInTheBox (LITB) 172,154 0% 103,587 111,392 0 0 0 0 132,352
Youngevity (YGYI) 168,511 53% -7.1 -22% 136,524 85,986 185,183 97,409 -29,455 -24,900 176,948
Blue Apron (APRN) 91,635 0% -2.2 -21% 338,542 227,131 552,410 0 -70,671 -36,223 78,799
Evine Live (EVLV) 46,829 32% -2.5 -23% 215,282 174,244 552,357 178,741 -50,298 -38,678 94,946
Netshoes (NETS) 46,584 0% 994,332 837,782 0 0 0 0 25,055
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iMedia Brands (IMBI)
Revolve Group (RVLV)

Balance Sheet ($'000)2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash23,74575,35810,08389,51768,44139,802
Accounts Receivable2596959202,4013,4331,463
Inventory7,0819,84511,26110,58711,8418,481
PP&E6,9593,6642,2091,0719203,652
Assets125,891104,467-288118,201108,737103,587
Accounts Payable18,67725,23629,35122,52322,43012,941
Long-Term Debt
Liabilities44,50061,2841,83552,36553,267111,392
Stockholders' Equity81,39143,183-2,12365,83655,470
Income Statement ($'000)2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue292,4175855319,881227,539
Cost of Revenue165,267237,095207,35428,371214,261166,343
Gross Profit127,150145,312116,409103,550105,62061,196
R&D5,694
SG&A116,174152,10285,06095,58298,49683,550
Tax697049548133
Net Income-179-725-128-52-9,548-59,602
Cash Flow ($'000)2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating15,152769-247-131-14,831-29,868
Cash Investing-798-89544-287-3,5213,296
Cash Financing72,096-10,420-9,22474,635-3,064-3,365