Company name:

Peloton Interactive Inc

  • IPO SHARE PRICE:
    $29.00
  • IPO DATE:
    September 26, 2019
  • TICKER:
    PTON
  • MAIN STOCK EXCHANGE:
    NASDAQ Global Select
  • CURRENT HQ LOCATION:
    125 West 25th Street 11th Floor 10001 New York New York Zip Code
  • FISCAL YEAR END:
    June 30
  • INCORPORATION JURISDICTION:
    DE
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

Peloton Interactive Inc

We are working hard and as soon as possible to provide company description soon. Feel free to reach out to request it sooner: improve@real-clear-investing.com

Income Statement

Quarterly Annual
(USD in thousand)
Selected Year:
30-Jun
2020
Revenue
Gross receipts in the form of cash (great!) and promises to pay (Account Receivables - not so great as some of them will never be collected but reality of business!) from all its customers
100%
80.1% —

Connected Fitness Products

19.9% —

Subscription revenue
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Connected Fitness Products 354,700 733,900 1,462,200 2,395,000 3,480,400
Subscription revenue 80,300 181,100 363,700 570,600 778,800
Total Revenue $435,000 $915,000 $1,825,900 $2,954,400 $4,259,200
Selected Year:
30-Jun
2020
Operating expenses
Cost (labor, materials, depreciation, overhead, etc) for delivering service or manufacturing a product that business sells
104.4%
45.6% —

Connected Fitness Products

26.1% —

Sales and marketing

19.3% —

General and administrative

8.5% —

Subscription

4.9% —

Research and development
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Connected Fitness Products
199,900 427,800 833,500 1,444,000 2,251,200
Subscription
45,500 103,700 155,700 236,000 308,800
Total cost of revenue
$245,400 $531,400 $989,100 $1,666,200 $2,560,000
Gross profit
189,600 383,600 836,700 1,288,000 1,699,200
Sales and marketing
151,400 324,000 477,000 531,000 709,600
Research and development
23,400 54,800 89,000 135,000 190,000
General and administrative
62,400 207,000 351,600 462,800 564,400
Total operating expenses
$237,100 $585,800 $917,600 $1,128,800 $1,464,000
Selected Year:
30-Jun
2020
Operating Income
Income after excluding Operating Expenses from Total Revenue
4.4%
4.4% —

Operating Income

Key metric that shows earnings potential of the company's business model
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Operating income ($47,500) ($202,300) ($80,800) $159,300 $235,200
Selected Year:
30-Jun
2020
Non-operating expenses
Cost usually unrelated to delivering service or manufacturing a product that business sells
0.2%
0.2% —

Other expense net
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Other expense net - (300) (3,800) (4,400) (400)
Total non-operating income (expense) - (300) (3,800) (4,400) (400)
Selected Year:
30-Jun
2020
Earnings before Interest and Taxes (EBIT)
Income after excluding Operating and Non-operating Expenses from Total Revenue
4.6%
4.6% —

EBIT

Another income metric but unlike Operating Income it is closer to the ultimate income metric - Net Income by removing expenses that are not related to earning Revenue as they are supposed to be accidental and transitory
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
EBIT ($47,500) ($202,600) ($84,600) $154,900 $234,800
Selected Year:
30-Jun
2020
Interest Expense and Income, Taxes
Expenses driven mostly by company management's choices, nature of business (capital intensive vs not) about financing (debt vs equity) and legal structure
0.7%
0.9% —

Interest income

0.2% —

Income tax expense or benefit
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Interest income
(300) 7,000 16,200 13,400 7,600
Total other expense or income
(300) 6,700 12,400 9,000 7,200
Income before income taxes
(47,800) (195,600) (68,400) 168,300 242,400
Income tax expense or benefit
100 100 3,300 2,000 (12,000)
Selected Year:
30-Jun
2020
Net income (loss)
Ultimate measure of Income - Net result after excluding all expenses from Total Revenue
3.9%
3.9% —

Net income (loss)

It is a residue that is left from Total Revenue after paying all kind of expenses and belongs to all equity holders in the company. Some of these shareholders such Non-controlling interest or Preferred equity gets their share before Common shareholders
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net income (loss)
($47,900) ($195,600) ($71,600) $166,400 $254,400
Net income (loss) attributable to Class A and B common stock Net income (loss) attributable to Class A and B common stock
(47,900) (245,700) (71,600) 166,400 254,400

Basic Shares Outstanding
Basic shares outstanding as of certain dates reported by Company on its annual and quarterly filings, these numbers are NOT used calculation of basic EPS. They help to see share issuance by company in perspective
Class A - - 239,427,396 263,637,415 263,637,415
Class B - - 49,261,234 30,864,250 30,864,250
Selected Year:
30-Jun
2020
EPS
Net Income / Shares Outstanding = EPS before dilution or Basic EPS; Net Income/ ( Shares Outstanding + potentially available shares from conversion of various option instruments)
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net Income per basic share - Class A ($2.18) ($10.72) ($0.32) $0.28 -
Net Income per diluted share - Class A ($2.18) ($10.72) ($0.32) $0.28 -