Hour Loop Inc

Company Profile

Hour Loop Inc had its IPO on 2022-01-07 under the ticker symbol HOUR.

The company operates in the Consumer Cyclical sector and Internet Retail industry. Hour Loop Inc has a staff strength of 186 employees.

Stock update

Shares of Hour Loop Inc opened at $1.58 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $1.56 - $1.58, and closed at $1.56.

This is a -1.27% slip from the previous day's closing price.

A total volume of 524 shares were traded at the close of the day’s session.

In the last one week, shares of Hour Loop Inc have slipped by -4.29%.

Hour Loop Inc's Key Ratios

Hour Loop Inc has a market cap of $58.22 million, indicating a price to book ratio of 13.9966 and a price to sales ratio of 1.5032.

In the last 12-months Hour Loop Inc’s revenue was $112.26 million with a gross profit of $34.81 million and an EBITDA of $-3099920. The EBITDA ratio measures Hour Loop Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Hour Loop Inc’s operating margin was -2.87% while its return on assets stood at -10.84% with a return of equity of -41.42%.

In Q2, Hour Loop Inc’s quarterly earnings growth was a negative -49.3% while revenue growth was a positive 51.5%.

Hour Loop Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.07 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Hour Loop Inc’s profitability.

Hour Loop Inc stock is trading at a EV to sales ratio of 1.4307 and a EV to EBITDA ratio of 45.9823. Its price to sales ratio in the trailing 12-months stood at 1.5032.

Hour Loop Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$18.33 million

Total Liabilities

$9.29 million

Operating Cash Flow

$-2502.00

Capital Expenditure

$2502

Dividend Payout Ratio

0%

Hour Loop Inc ended 2024 with $18.33 million in total assets and $0 in total liabilities. Its intangible assets were valued at $18.33 million while shareholder equity stood at $4.85 million.

Hour Loop Inc ended 2024 with $0 in deferred long-term liabilities, $9.29 million in other current liabilities, 3507.00 in common stock, $-827540.00 in retained earnings and $0 in goodwill. Its cash balance stood at $1.12 million and cash and short-term investments were $1.12 million. The company’s total short-term debt was $909,966 while long-term debt stood at $0.

Hour Loop Inc’s total current assets stands at $16.73 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $736229.00 compared to accounts payable of $7.45 million and inventory worth $14.42 million.

In 2024, Hour Loop Inc's operating cash flow was $-2502.00 while its capital expenditure stood at $2502.

Comparatively, Hour Loop Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$1.56

52-Week High

$3.4

52-Week Low

$1.41

Analyst Target Price

$2

Hour Loop Inc stock is currently trading at $1.56 per share. It touched a 52-week high of $3.4 and a 52-week low of $3.4. Analysts tracking the stock have a 12-month average target price of $2.

Its 50-day moving average was $1.64 and 200-day moving average was $2.12 The short ratio stood at 0.99 indicating a short percent outstanding of 0%.

Around 9509.6% of the company’s stock are held by insiders while 81.5% are held by institutions.