Sablewood Furniture On track
Furniture maker and retailer · Senior loan · $14.6M deployed · Last report Oct 7
Performance
Last 12 months’ revenue, monthly.
$51.0M
+2.2% vs budget
(Revenue − cost of goods) ÷ revenue, last 12 months. New, added by Your Cohort
36.0%
+0.5 pts vs budget
Last 12 months’ EBITDA after approved adjustments, monthly.
$7.1M
+4.4% vs budget
Adj. EBITDA ÷ revenue.
13.9%
Budget 13.6%
Results vs budget and last year
As of Sep 30 · monthly
| Last 12 months | Actual | Budget | vs budget | Last year |
|---|---|---|---|---|
| Revenue | $51.0M | $49.9M | +2.2% | $48.1M |
| Gross margin | 36.0% | 35.5% | +0.5 pts | 35.0% |
| Operating costs | $11.3M | $11.3M | −0.5% | $11.5M |
| Adj. EBITDA | $7.1M | $6.8M | +4.4% | $6.5M |
From reported to adjusted EBITDA
What was added back, and why
Last 12 months · $M
- Reported EBITDA$6.5M
- + Showroom refresh (one-time)$0.3M
- + Owner pay normalized to market$0.2M
- + Non-cash stock pay$0.1M
- Adjusted EBITDA$7.1M
Reported and adjustedAdded back
| Step | Amount | Running total |
|---|---|---|
| Reported EBITDA | $6.5M | $6.5M |
| Showroom refresh (one-time) | +$0.3M | $6.8M |
| Owner pay normalized to market | +$0.2M | $7.0M |
| Non-cash stock pay | +$0.1M | $7.1M |
| Adjusted EBITDA | $7.1M | $7.1M |
Adjustments are 8% of the total. The showroom refresh stops after this year.
Turnaround plan
Not needed. The company is on plan; Your Cohort reviews it monthly.
New marks a measure Your Cohort adds to Thorne’s reporting · fictional companies and figures · thresholds are placeholders · select or hover any dotted label for its definition