US-listed companies
Dutch Bros Inc.

Dutch Bros Inc.BROS

Market cap

$6.2B

P/E ratio

3592.5x

Income statement Balance sheet Cash flow

	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023
Net income (loss)	-120	-19	10
Depreciation and amortization	25	45	69
Paid-in-Kind Interest	0	1	1
Loss (gain) on disposal of assets	-1	0	0
Loss on extinguishment of debt	-1	-	-
Equity-based compensation	158	42	39
Deferred income taxes	3	-1	-6
Remeasurement gain on TRAs	-	-3	-3
Non-cash operating lease cost	-	10	11
Accounts receivable, net	-0	1	-3
Inventories, net	8	16	8
Prepaid expenses and other current assets	4	1	5
Other long-term assets	-0	-1	1
Accounts payable	2	2	4
Other accrued liabilities	10	6	4
Accrued compensation and benefits	-	-	12
Other current liabilities	5	1	0
Other accrued liabilities	10	6	4
Deferred revenue	12	3	6
Other current liabilities	5	1	0
Deferred rent	0	-	-
Deferred revenue	12	3	6
Other long-term liabilities	-0	-1	-
Deferred rent	0	-	-
Operating lease liabilities	-	-10	-9
Other long-term liabilities	-0	-1	-
Operating lease liabilities	-	-10	-9
Net cash provided by operating activities	80	60	140
Purchases of property and equipment	118	188	228
Proceeds from disposal of fixed assets	3	1	1
Acquisition of shops from franchisees	5	6	-
Net Cash Provided by (Used in) Investing Activities, Total	-121	-193	-227
Proceeds from line of credit	65	158	90
Payments on line of credit	15	10	203
Payments on finance lease liabilities	-	6	12
Payments on finance lease obligations	3	-	-
Proceeds from financing lease obligations	1	-	-
Proceeds from financing lease obligations	1	-	-
Proceeds from long-term debt	200	1	2
Proceeds from long-term debt	200	1	2
Payments on long-term debt	228	2	3
Payments on long-term debt	228	2	3
Payments of debt issuance costs	2	3	1
Payments of debt issuance costs	2	3	1
Proceeds from Issuance of Common Stock, Net of Stock Issuance Cost	-	-	331
Distributions paid to members	213	-	-
Payments to repurchase outstanding equity/member units	288	-	-
Proceeds from Issuance Initial Public Offering	525	-	-
Payment of deferred offering costs	-	-	1
Distributions paid to members	213	-	-
Tax withholding payments upon vesting of equity awards	11	4	2
Payments to repurchase outstanding equity/member units	288	-	-
Net cash provided by financing activities	28	134	201
Payments of IPO issuance costs	4	0	-
Tax withholding payments upon vesting of equity awards	11	4	2
Net cash provided by financing activities	28	134	201
Net increase (decrease) in cash and cash equivalents	-13	2	113
Cash paid for interest	7	18	35
Income taxes paid	1	1	2
Lease Obligation Incurred	35	-	-
Capital Expenditures Incurred but Not yet Paid	6	7	14
Deferred offering costs accrued	0	-	-
Transfer Of Line Of Credit Facility To Long Term Debt	-	100	-