A.k.a. Brands: Fourth Quarter Financial Highlights

A.k.a. Brands Holding Corp. Reports Fourth Quarter and Annual Financial Results

A.k.a. Brands Holding Corp., headquartered in San Francisco, announced a net loss of $14.5 million for the fourth quarter.

The company reported a loss of $1.35 per share for the quarter. After adjusting for one-time expenses, the loss stood at 80 cents per share.

During this period, the online fashion brand group generated $164 million in revenue.

Looking at the full year, A.k.a. Brands saw its net loss increase to $31.4 million, or $2.93 per share, with total revenue reaching $600.2 million.

For the first quarter ending in March, the company anticipates revenue between $130 million and $132 million.

Projections for the entire year place expected revenue in the range of $625 million to $635 million.

Since the start of the year, shares of A.k.a. Brands have declined by nearly 4%. As of the close of trading on Thursday, the stock was priced at $10.30, reflecting a 29% decrease over the past year.