Trade Purple Innovation - PRPL CFD

Trading Conditions
Spread0.05
Long position overnight fee
Long position overnight fee

Margin. Your investment
US$1,000.00
Overnight fee
Charges from full value of position
-0.026179 %
(-US$1.05)

Trade size with leverage ~ US$5,000.00

Short position overnight fee ~ US$4,000.00


-0.026179%
Short position overnight fee
Short position overnight fee

Margin. Your investment
US$1,000.00
Overnight fee
Charges from full value of position
0.003957 %
(US$0.16)

Trade size with leverage ~ US$5,000.00

Short position overnight fee ~ US$4,000.00


0.003957%
Overnight fee time21:00 (UTC)
CurrencyUSD
Min traded quantity1
Margin20
Stock exchangeUnited States of America
Commission on trade10%

Information_provided_by_capital
1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information

Key Stats
Prev. Close1.48
Open1.46
1-Year Change-46.91%
Day's Range1.46 - 1.55

Purple Innovation Company profile

About Purple Innovation Inc

Purple Innovation, Inc. is a provider of comfort solutions. The Company designs and manufactures a range of branded comfort products, including mattresses, pillows, cushions, bases, sheets, and other products. It has designed the Hyper-Elastic Polymer material, Purple Grid structure, and other comfort technologies in order to improve the lives of customers. The Company's No Pressure Purple Grid technology is used in all Purple mattresses. Its mattresses utilize the benefits of the Purple Grid creating a sleep solution that is breathable to help regulate body temperature and soft enough to cradle pressure points, while also providing support through localized buckling columns. It sells four types of pillows: The Purple Harmony Pillow, the Purple Pillow, the Purple Plush Pillow and the Kids Pillow. The Company markets and sells its products through direct-to-consumer online channels, traditional wholesale partners, third-party online retailers, and Company showrooms.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Purple Innovation Inc revenues increased 12% to $726.2M. Net income totaled $4M vs. loss of $236.9M. Revenues reflect Bedding segment increase of 11% to $664.5M. Net Income reflects Change in fair value - warrant liabiliti increase from $300.1M (expense) to $24.1M (income). Basic Earnings per Share excluding Extraordinary Items increased from -$6.04 to $0.06.