Polished.com Inc.

Polished.com Inc.

OOTC:POLCQ
0.00
USD
+0.00
(-99.00%)
-63.18EPS
425.57MMarket Cap
Nov 24Next Earn
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
TTM
Revenue per Share
480.34
- -
504.56
267.89
251.08
195.97
Basic EPS, GAAP
17.11
- -
-197.38
-5.87
-59.17
-63.18
Free Cash Flow per Basic Share
3.77
- -
48.47
-15.67
-22.6
- -
Dividend per Share
6.09
- -
- -
- -
- -
- -
Book Value per Share
29.55
-35.46
-108.95
89.46
29.73
25.77
Tangible Book Value per Share
29.55
-91.83
-158.92
-21.37
-25.61
-28.37
Basic Weighted Avg Shares
- -
- -
- -
1
2
2
Sales/Revenue/Turnover
56
- -
55
346
534
413
Operating Margin (%)
5.79
- -
-22.9
3.64
-0.08
-3.89
Depreciation Expense
- -
- -
1
7
11
8
Net Income, GAAP
2
- -
-22
-8
-126
-133
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
Profit Margin (%)
3.56
- -
-39.12
-2.19
-23.57
-32.24
Working Capital
3
-10
-17
4
26
17
LT Debt
- -
4
4
61
100
93
Total Equity
3
-4
-13
190
63
54
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
-99.61
- -

Capital Structure

USD

•

in mil. unless spec.
Dec'22
Jun'23
Sep'23
ST Debt
10
11
10
LT Borrowings
91
87
85
LT Finance Leases
9
8
8
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2
2
2
Market Capitalization
3,040
2,426
426

Working Capital

USD

•

in mil. unless spec.
Dec'22
Jun'23
Sep'23
Total Current Assets
125
116
108
Cash, Cash Equivalents & STI
20
9
10
Accounts Receivable, Net
14
13
15
Inventories
42
39
30
Total Current Liabilities
99
93
91
Payables & Accruals
82
78
77
ST Debt
10
11
10
Deferred Revenue
7
4
5

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-67.13%
Free Cash Flow
- -
- -
137.81%
Net Income, GAAP
- -
- -
1,561.37%
Sales/Revenue/Turnover
- -
- -
54.6%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
14
64
142
143
346
2022
153
138
144
104
534
2023
- -
88
78
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
-28.58
5.52
1.56
1.79
-5.87
2022
2.78
-2.03
-2.46
-58.12
-59.17
2023
- -
0.48
-3.14
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -

Company Description

CEO
John E. Rick Bunka
Full Time Employees
391
Sector
Retail trade
Industry
Electronics/Appliance stores
Address
1870 Bath Avenue Brooklyn NY United States 11214
IPO Date
Jul 31, 2020
Business
Polished.com Inc. (NasdaqCM: POLCQ) operates as an online platform connecting independent professionals, known as "Shiners," with clients seeking services in home remodeling, repair, and improvement. The company offers a marketplace for categories including kitchen and bathroom remodeling, flooring installation, painting, plumbing, electrical work, roofing, and general handyman services; it facilitates project matching, booking, payments, and quality assurance through its proprietary technology platform. Founded in 2014 and headquartered in Atlanta, Georgia, Polished.com serves residential and commercial customers primarily in the United States, with operations spanning multiple states via its digital-first model. In recent developments, the company delisted from Nasdaq in early 2024 amid financial challenges, transitioning to over-the-counter trading under the POLCQ ticker; it also underwent a strategic restructuring, including cost-cutting measures and a focus on core marketplace operations following a Chapter 11 bankruptcy filing in late 2023, which enabled debt reduction and operational streamlining. Additionally, Polished.com expanded its service offerings with enhanced AI-driven matching algorithms and launched premium subscription tiers for professionals in 2024 to boost retention and revenue. The company targets homeowners, property managers, and small businesses in the fragmented $500 billion U.S. home services industry, competing with platforms like Angi and Thumbtack.