ALPINE 4 HOLDINGS, INC.
ALPINE 4 HOLDINGS, INC.
ALPINE 4 HOLDINGS, INC. (ALPP) — SEC Financial Statements & Analysis
ALPINE 4 HOLDINGS, INC. (ALPP) files its annual 10-K and quarterly 10-Q reports directly with the SEC. The financial data below is sourced as-filed from EDGAR — balance sheet, income statement, and cash flow as reported, without normalization or third-party adjustments.
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Financial Statements
Values in Millions ($) | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Series B Preferred Stock | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Class A | -24 | 24 | 0 | 0 | 2 | 158 | 20 | 0 | 1 | 8 | 137 | 0 | 3 | |||||
Common Class B | -1 | 1 | 0 | 0 | -7 | 7 | 1 | 0 | 0 | -0 | 9 | 0 | 0 | |||||
Common Class C | -2 | 2 | 0 | 0 | -11 | 11 | 2 | 0 | 0 | -2 | 14 | 0 | 0 | |||||
Line Of Credit | - | - | - | - | - | - | - | 18 | 4 | - | - | 3 | - | |||||
Debt Instrument Unamortized Discount Current | - | - | - | - | - | - | - | 0 | - | - | - | 1 | - | |||||
Nonrelated Party | -0 | 6 | - | - | - | - | - | - | - | - | - | - | - | |||||
Related Party | -0 | 6 | - | - | - | - | - | - | - | - | - | - | - | |||||
Assets | ||||||||||||||||||
Assets Current | ||||||||||||||||||
Cash And Cash Equivalents At Carrying Value | - | - | - | 3 | - | - | - | 4 | 5 | 10 | 36 | 0 | 0 | |||||
Restricted Cash Current | - | - | - | - | - | - | - | 0 | - | - | - | 0 | - | |||||
Cash | 3 | 4 | 0 | - | 5 | 4 | 1 | - | - | - | - | - | - | |||||
Accounts Receivable Net Current | 16 | 17 | 16 | 17 | 16 | 13 | 14 | 12 | - | - | - | 6 | - | |||||
Inventory Net | 22 | 24 | 25 | 25 | 25 | 24 | 24 | 24 | 10 | 8 | 3 | 3 | 2 | |||||
Accounts Receivable Net | - | - | - | - | - | - | - | 12 | 13 | 10 | 7 | 6 | 8 | |||||
Contract With Customer Asset Net | - | - | - | - | - | - | - | 1 | 4 | 3 | 1 | 1 | 1 | |||||
Contract With Customer Asset Net Current | 2 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | - | - | - | 1 | - | |||||
Prepaid Expense And Other Assets Current | 2 | 2 | 2 | 2 | 3 | 2 | 3 | 2 | 1 | 1 | 0 | 0 | 0 | |||||
Assets Current | 45 | 48 | 46 | 49 | 51 | 45 | 42 | 43 | 33 | 34 | 48 | 11 | 11 | |||||
Equity Method Investments | - | - | - | - | - | - | - | - | 1 | - | - | - | - | |||||
Property Plant And Equipment Net | 20 | 20 | 20 | 20 | 20 | 21 | 28 | 28 | 27 | 21 | 19 | 19 | 20 | |||||
Intangible Assets Net Excluding Goodwill | 15 | 35 | 35 | 36 | 37 | 38 | 36 | 39 | - | - | - | 9 | - | |||||
Operating Lease Right Of Use Asset | 15 | 16 | 16 | 16 | 10 | 10 | 1 | 1 | 0 | 4 | 1 | 1 | 1 | |||||
Intangible Assets Gross Excluding Goodwill | - | - | - | - | - | - | - | 37 | 29 | 29 | 15 | 8 | 3 | |||||
Notes Payable Current | - | - | - | - | - | - | - | 6 | 6 | 10 | 6 | 4 | 7 | |||||
Capital Lease Obligations Current | - | - | - | - | - | - | - | 1 | - | - | 1 | 1 | 1 | |||||
Business Combination Contingent Consideration Liab… | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | |||||
Notes Payable To Bank Noncurrent | - | - | - | - | - | - | - | 8 | - | - | - | 15 | - | |||||
Capital Lease Obligations Noncurrent | - | - | - | - | - | - | - | 15 | - | - | 15 | 16 | 16 | |||||
Preferred Stock Value | - | - | - | - | - | - | - | 0 | 0 | 0 | - | 0 | - | |||||
Additional Paid In Capital | - | - | - | - | - | - | - | 131 | 96 | 96 | 92 | 31 | 22 | |||||
Commons Class A | - | - | - | - | - | - | - | 0 | - | - | - | 126 | - | |||||
Commons Class B | - | - | - | - | - | - | - | 0 | - | - | - | 9 | - | |||||
Debt Instrument Unamortized Discount | - | - | - | - | - | - | - | 0 | - | - | 1 | 1 | 0 | |||||
Goodwill | 8 | 23 | 23 | 23 | 23 | 23 | 22 | 23 | 6 | 6 | 2 | 2 | 2 | |||||
Other Assets Noncurrent | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Assets | 105 | 143 | 142 | 146 | 143 | 136 | 130 | 135 | 97 | 94 | 85 | 42 | 37 | |||||
Liabilities And Stockhold… | ||||||||||||||||||
Liabilities Current | ||||||||||||||||||
Deposits | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | |||||
Accounts Payable Current | 18 | 16 | 12 | 9 | 8 | 9 | 7 | 8 | 6 | 5 | 4 | 5 | 5 | |||||
Accrued Liabilities Current | 7 | 7 | 6 | 7 | 6 | 6 | 5 | 5 | 4 | 4 | 3 | 3 | 2 | |||||
Derivative Liabilities Current | - | - | - | - | - | - | - | - | 3 | 3 | - | 0 | 0 | |||||
Contract With Customer Liability Current | 5 | 6 | 6 | 5 | 3 | 4 | 5 | 6 | - | - | 0 | 0 | 0 | |||||
Lines Of Credit Current | 11 | 9 | 9 | 7 | 6 | 8 | 4 | 4 | - | - | - | 3 | - | |||||
Other Notes Payable Current | - | - | 6 | 3 | 3 | 3 | 6 | 6 | - | - | - | 4 | - | |||||
Notes Payable Related Parties Classified Current | - | - | 1 | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Convertible Notes Payable Current | 1 | 0 | - | - | - | - | - | 0 | 0 | 0 | 1 | 1 | 1 | |||||
Finance Lease Liability Current | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | 1 | - | |||||
Operating Lease Liability Current | 2 | 2 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | |||||
Liabilities Current | 52 | 46 | 42 | 33 | 28 | 31 | 27 | 30 | 24 | 25 | 15 | 17 | 16 | |||||
Long Term Notes Payable | - | - | - | - | - | - | - | - | 8 | 3 | 8 | 15 | 15 | |||||
Other Long Term Notes Payable | 3 | 2 | 2 | 4 | 4 | 4 | 9 | 8 | - | - | - | 15 | - | |||||
Convertible Debt Noncurrent | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 1 | 2 | |||||
Long Term Line Of Credit | 0 | 4 | 4 | 7 | 9 | 5 | 10 | 6 | - | - | - | 0 | - | |||||
Finance Lease Liability Noncurrent | 14 | 14 | 14 | 15 | 15 | 15 | 15 | 15 | 15 | 16 | - | 16 | - | |||||
Operating Lease Liability Noncurrent | 14 | 14 | 15 | 15 | 9 | 9 | 1 | 1 | 0 | 3 | 0 | 0 | 0 | |||||
Business Combination Contingent Consideration Liab… | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |||||
Deferred Tax Liabilities | - | - | - | - | - | - | - | - | 0 | 0 | - | - | - | |||||
Deferred Income Tax Liabilities Net | 0 | 0 | 1 | 1 | 1 | 2 | 0 | 2 | - | - | 0 | 1 | 1 | |||||
Liabilities | 84 | 82 | 78 | 76 | 67 | 66 | 62 | 63 | 47 | 47 | 39 | 56 | 50 | |||||
Stockholders Equity | ||||||||||||||||||
Additional Paid In Capital Common Stock | 144 | 143 | 142 | 142 | 142 | 131 | 131 | 130 | - | - | - | 25 | - | |||||
Retained Earnings Accumulated Deficit | -123 | -82 | -78 | -72 | -66 | -61 | -63 | -59 | -47 | -49 | -46 | -39 | -35 | |||||
Stockholders Equity | 21 | 61 | 64 | 70 | 75 | 70 | 68 | 71 | 37 | 35 | 46 | -14 | -14 | |||||
Minority Interest | -0 | - | - | - | - | - | - | - | - | - | - | - | - | |||||
Liabilities And Stockholders Equity | 105 | 143 | 142 | 146 | 143 | 136 | 130 | 135 | 97 | 94 | 85 | 42 | 37 | |||||
Series C Preferred Stock | - | - | - | - | 0 | -0 | 0 | 0 | 0 | -2 | 2 | 6 | 0 | |||||
Series D Preferred Stock | - | - | - | - | 0 | -0 | 0 | 0 | 0 | -1 | 1 | 0 | 0 | |||||
Restricted Cash | - | - | - | - | - | - | - | 0 | 0 | 1 | 0 | 0 | - | |||||
Preferred Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | |||||
Preferred Stock Shares Authorized | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | - | |||||
Preferred Stock Shares Issued | - | - | - | 5 | - | - | - | 5 | - | - | - | - | - | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | -10.91% | -35.00% | -49.09% | -5.59% | -49.30% | -40.14% | -4.29% | -3.83% | -18.25% | - | - | - |
| 2022 | -14.87% | -14.57% | 37.97% | -26.14% | -43.84% | -23.10% | -3.33% | 18.75% | -18.33% | 7.95% | -15.81% | -20.39% |
| 2021 | - | - | - | -15.33% | 22.67% | 10.67% | -26.63% | -42.66% | -58.42% | -25.80% | -42.08% | -37.17% |
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Performance and Valuation Metrics
Metrics | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | ||||||||||||||||||
| Current Ratio | 0.86 | 1.03 | 1.10 | 1.47 | 1.79 | 1.43 | 1.55 | 1.41 | 1.39 | 1.35 | 3.21 | 0.63 | 0.69 | |||||
| Quick Ratio | 0.40 | 0.47 | 0.43 | 0.64 | 0.82 | 0.60 | 0.58 | 0.54 | 0.93 | 1.00 | 2.96 | 0.47 | 0.54 | |||||
| Working Capital | -7.19M | 1.59M | 4.04M | 15.59M | 22.46M | 13.29M | 15.10M | 12.42M | 9.28M | 8.77M | 33.08M | -6.21M | -5.16M | |||||
Leverage & Debt | ||||||||||||||||||
| Debt to Equity | 4.03 | 1.34 | 1.20 | 1.08 | 0.89 | 0.95 | 0.92 | 0.88 | 1.28 | 1.36 | 0.84 | -3.92 | -3.70 | |||||
| Interest Coverage TTM | -14.36 | -4.98 | -3.45 | -3.44 | -5.81 | -6.59 | -8.57 | -6.73 | -2.65 | -2.06 | -1.87 | -1.08 | -0.87 | |||||
| Debt Ratio | 0.80 | 0.57 | 0.55 | 0.52 | 0.47 | 0.49 | 0.48 | 0.47 | 0.49 | 0.50 | 0.46 | 1.34 | 1.37 | |||||
Efficiency & Turnover | ||||||||||||||||||
| Asset Turnover TTM | 0.84 | 0.76 | 0.76 | 0.75 | 0.75 | 0.69 | 0.64 | 0.59 | 0.70 | 0.58 | 0.54 | 0.86 | 1.08 | |||||
| Days Sales Outstanding TTM | 56.97 | 51.00 | 51.50 | 50.64 | 66.90 | 59.61 | 72.49 | 64.88 | - | - | - | 70.75 | - | |||||
| Receivables Turnover TTM | 6.41 | 7.16 | 7.09 | 7.21 | 5.46 | 6.12 | 5.04 | 5.63 | - | - | - | 5.16 | - | |||||
Per Share Metrics | ||||||||||||||||||
| Diluted EPS TTM | -1.04 | -0.41 | -0.29 | -0.27 | -0.39 | -0.24 | -0.33 | -0.36 | -0.20 | -0.27 | -0.28 | -0.17 | -0.13 | |||||
| Free Cash Flow Per Share TTM | -0.11 | -0.49 | -0.65 | -0.88 | -0.95 | -0.85 | -1.00 | -1.08 | -0.91 | -0.60 | -0.47 | -0.21 | -0.31 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | ||||||||||||||||||
| Gross Profit Margin TTM | 19.86% | 21.61% | 20.61% | 20.77% | 17.73% | 18.54% | 18.35% | 14.91% | 20.14% | 16.59% | 13.09% | 16.03% | 16.29% | |||||
| Operating Profit Margin TTM | -52.45% | -17.19% | -11.75% | -10.29% | -19.78% | -19.48% | -30.35% | -42.84% | -26.06% | -29.08% | -29.63% | -17.62% | -15.85% | |||||
| Net Profit Margin TTM | -54.63% | -19.55% | -14.17% | -12.31% | -21.67% | -16.15% | -25.31% | -37.73% | -23.78% | -37.54% | -42.14% | -22.86% | -16.68% | |||||
Growth Metrics | ||||||||||||||||||
| Net Revenue Growth (1Y) | 16.04% | 33.10% | 50.71% | 102.48% | 90.87% | 107.70% | 105.98% | 54.36% | 38.08% | 18.34% | 11.47% | 18.84% | 39.73% | |||||
| Net Income Growth (1Y) | 192.62% | 61.10% | -15.61% | -33.92% | 73.88% | -10.65% | 23.71% | 154.75% | 96.85% | 874.35% | 262.26% | 144.09% | 14.66% | |||||
| EPS Growth (1Y) | 163.93% | 67.95% | -11.39% | -25.70% | 91.74% | -9.86% | 19.43% | 106.31% | 55.55% | 690.34% | 198.04% | 176.08% | -11.52% | |||||
Valuation Metrics | ||||||||||||||||||
| P/E TTM | -0.35 | -2.45 | -6.94 | -7.83 | -5.64 | -11.54 | -12.66 | -21.14 | -42.88 | -48.24 | -51.83 | -82.67 | -1.22 | |||||
| P/B | 0.95 | 0.83 | 1.58 | 1.44 | 1.45 | 2.12 | 3.23 | 5.76 | 13.01 | 20.03 | 15.78 | -44.42 | -0.51 | |||||
| P/S TTM | 0.19 | 0.48 | 0.98 | 0.96 | 1.22 | 1.86 | 3.20 | 7.97 | 10.20 | 18.11 | 21.84 | 18.90 | 0.20 | |||||
| Market Cap | 19.87M | 50.71M | 101.60M | 100.85M | 109.76M | 148.55M | 219.64M | 411.82M | 479.77M | 694.90M | 727.01M | 632.26M | 6.91M | |||||
| Enterprise Value | 43.84M | 71.01M | 125.23M | 120.92M | 125.85M | 168.12M | 238.14M | 452.20M | 503.80M | 712.67M | 722.01M | 688.16M | 48.06M | |||||
Calculated Values | ||||||||||||||||||
| Free Cash Flow TTM | -3.02M | -12.28M | -16.17M | -20.90M | -23.52M | -22.30M | -26.06M | -28.99M | -24.91M | -15.83M | -11.96M | -4.59M | -6.68M | |||||
| Net Debt | 23.97M | 20.30M | 23.63M | 20.07M | 16.08M | 19.58M | 18.50M | 40.39M | 24.03M | 17.77M | -5.00M | 55.90M | 41.15M | |||||
Per-Share and Margin | ||||||||||||||||||
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| Adjusted EPS TTM | ||||||||||||||||||
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Turnover Ratios and Averages | ||||||||||||||||||
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| Working Capital to Revenue | ||||||||||||||||||
| Deferred Revenue to Revenue | ||||||||||||||||||
Growth Rates | ||||||||||||||||||
| Total Assets Growth (1Y) | ||||||||||||||||||
| Total Assets Growth (3Y) | ||||||||||||||||||
| Total Assets Growth (5Y) | ||||||||||||||||||
| Dividends Paid Growth (1Y) | ||||||||||||||||||
| Dividends Paid Growth (3Y) | ||||||||||||||||||
| Dividends Paid Growth (5Y) | ||||||||||||||||||
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| EPS Growth (5Y) | ||||||||||||||||||
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| Net Revenue Growth (5Y) | ||||||||||||||||||
| Deferred Revenue Growth (1Y) | ||||||||||||||||||
| Retained Earnings Growth (1Y) | ||||||||||||||||||
Credit, Liquidity, Returns, Payout | ||||||||||||||||||
| Cash Ratio | ||||||||||||||||||
| Net Working Capital | ||||||||||||||||||
| Debt to EBITDA TTM | ||||||||||||||||||
| Net Debt to EBITDA TTM | ||||||||||||||||||
| Net Debt to Equity | ||||||||||||||||||
| Altman A | ||||||||||||||||||
| Altman B | ||||||||||||||||||
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| Altman E | ||||||||||||||||||
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| ROA TTM | ||||||||||||||||||
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| Retained Earnings to Equity | ||||||||||||||||||
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Valuation Ratios | ||||||||||||||||||
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| Total Debt | ||||||||||||||||||
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