Amer Sports, Inc.ASEarnings & Financial Report
Amer Sports, Inc. is a Finnish multinational sporting equipment division based in Helsinki, Finland. Established in 1950 as an industrial conglomerate with interests as diverse as tobacco trading, ship owning and publishing, Amer has gradually evolved into a multinational firm devoted to the production and marketing of sporting goods. The company employs over 9,700 people. Since 2018, Amer has been a subsidiary of Chinese retail conglomerate Anta Sports.
Revenue
$1.3B
Gross Profit
$683.0M
Operating Profit
N/A
Net Profit
$-95.0M
Gross Margin
51.9%
Operating Margin
N/A
Net Margin
-7.2%
YoY Growth
N/A
EPS
$-0.11
Financial Flow
Amer Sports, Inc. Q4 2023 Financial Summary
Amer Sports, Inc. reported revenue of $1.3B for Q4 2023, with a net profit of $-95.0M (-7.2% margin). Cost of goods sold was $632.0M.
Key Financial Metrics
| Total Revenue | $1.3B |
|---|---|
| Net Profit | $-95.0M |
| Gross Margin | 51.9% |
| Operating Margin | N/A |
| Report Period | Q4 2023 |
Revenue Breakdown
Amer Sports, Inc. Q4 2023 revenue of $1.3B breaks down across 4 segments, led by Adjusted gross profit at $687.0M (52.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Adjusted gross profit | $687.0M | 52.2% |
| Other | $560.8M | 42.6% |
| Adjusted gross profit margin | $52.2M | 4.0% |
| PPA | $15.0M | 1.1% |
Amer Sports, Inc. Quarterly Revenue & Net Profit History
Amer Sports, Inc. results over the last 2 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 2024 | $1.1B | — | $19.0M | 1.8% |
| Q4 2023 | $1.3B | — | $-95.0M | -7.2% |
Income Statement
| Q4 2023 | Q1 2024 | |
|---|---|---|
| Revenue | $1.31B | $1.05B |
| YoY Growth | N/A | N/A |
Balance Sheet
| Q4 2023 | Q1 2024 | |
|---|---|---|
| Assets | $8.37B | N/A |
| Liabilities | $8.53B | N/A |
| Equity | $-156.8M | N/A |
Cash Flow
| Q4 2023 | Q1 2024 | |
|---|---|---|
| Operating CF | $199.0M | $114.3M |