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Overstock.com Inc (OSTK)

Overstock.com Inc (OSTK)
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Overstock.com is primarily an e-commerce service provider. The company sells its broad range of price-competitive products, furniture, decor, area rugs, bedding and bath, home improvement, outdoor and kitchen & dining items. Its products are offered through websites and the company's mobile app. The company entered the blockchain-technology space in 2014. Overstock pursued its blockchain endeavors through two businesses namely Medici Ventures and tZERO. The company's wholly owned blockchain-focused subsidiary, Medici Ventures has now been converted into a limited partnership and will be managed by Pelion MV GP, LLC. Overstock has reorganized its businesses into a single reportable operating segment, Retail. Overstock faces stiff competition in home furnishing and e-commerce space from the likes of Wayfair, Amazon, Walmart, Target, Pottery Barn, IKEA, Bed Bath & Beyond, West Elm and Restoration Hardware.
(Values in U.S. Thousands) Sep, 2023 Jun, 2023 Mar, 2023 Dec, 2022 Sep, 2022
Sales 373,310 422,210 381,140 404,900 460,280
Sales Growth -11.58% +10.78% -5.87% -12.03% -12.85%
Net Income -63,050 -73,490 -10,310 -15,510 -37,000
Net Income Growth +14.21% -612.80% +33.53% +58.08% -617.48%
(Values in U.S. Thousands) Sep, 2023 Jun, 2023 Mar, 2023 Dec, 2022 Sep, 2022
Total Assets 770,780 810,550 887,390 878,550 952,240
Total Assets Growth -4.91% -8.66% +1.01% -7.74% -5.43%
Total Liabilities 254,600 237,390 246,880 232,720 275,590
Total Liabilities Growth +7.25% -3.84% +6.08% -15.56% -7.59%
(Values in U.S. Thousands) Sep, 2023 Jun, 2023 Mar, 2023 Dec, 2022 Sep, 2022
Operating Cash Flow 9,130 18,770 20,010 -12,540 17,600
Operating Cash Flow Growth -51.36% -6.20% +259.57% -171.25% -19.34%
Net Cash Flow -45,980 -28,380 3,470 -131,910 -75,630
Change in Net Cash Flow -62.02% -917.87% +102.63% -74.41% -24.84%
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