
Shutterfly has a long history of innovation in the online photo printing and gift-giving space. Founded in 1999, the company has grown significantly over the years through strategic acquisitions and investments.
Shutterfly's financial performance has been strong, with revenue growth of 15% in 2020 compared to the previous year. This growth can be attributed to the company's expanding product offerings and increasing customer base.
In terms of market share, Shutterfly has maintained a significant presence in the online photo printing market, with a market share of around 40% in 2020. This is a testament to the company's ability to adapt to changing consumer trends and preferences.
Shutterfly's financial analysis reveals a solid balance sheet, with a debt-to-equity ratio of 0.2 as of 2020. This indicates that the company has a healthy financial position, allowing it to invest in growth initiatives and maintain a strong market presence.
Financial Reports
Shutterfly's financial reports provide valuable insights into the company's performance and trajectory. You can access these reports through their investor relations page.
Shutterfly has a history of quarterly reports, with filings available from August 2019 to May 2017.
These reports offer a glimpse into the company's financial health and growth over time. You can compare the reports to see how the company's financial situation has changed.
Here are some key quarterly reports to look at:
- 10-Q Quarterly Report August 2019
- 10-Q Quarterly Report May 2019
- 10-Q Quarterly Report November 2018
- 10-Q Quarterly Report August 2018
- 10-Q Quarterly Report May 2018
- 10-Q Quarterly Report October 2017
- 10-Q Quarterly Report August 2017
- 10-Q Quarterly Report May 2017
SFLY Quarterly Reports
SFLY Quarterly Reports show a pattern of consistent reporting, with filings in August and May of each year.
The company has been filing 10-Q reports since at least 2017.
SFLY's quarterly reports are typically released in August and May of each year.
One notable trend is that the company has not filed a 10-Q report in October.
SFLY's quarterly report filings have been consistent over the years, with no gaps in reporting.
Year-over-Year Financial Trajectory Evaluation
Evaluating a company's financial trajectory is crucial to understanding its overall health and future prospects. Shutterfly Inc's financial trajectory can be evaluated by comparing their 10-K Annual Report to its predecessor.
Shutterfly Inc aims to maintain a gross leverage of 2.5-3.0x Adjusted EBITDA on an annual basis. This means they want to keep their debt level within a certain range relative to their earnings.
To manage cash effectively, Shutterfly Inc returns excess cash to shareholders through share repurchases. This is done while still meeting the needs of their highly seasonal business.
Shutterfly Inc generates substantially all of its cash flow in the last four months of the year. This highlights the importance of effective cash management during their peak season.
Financial Analysis
Shutterfly Inc aims to maintain a gross leverage of 2.5-3.0x Adjusted EBITDA on an annual basis.
The company has a highly seasonal business model, where substantially all of its cash flow is generated in the last four months of the year. This requires careful cash management to meet its needs.
Shutterfly Inc has an objective to return cash in excess of its operating and financing needs to shareholders in the form of share repurchases. This is done within the parameters of appropriate cash management.
Here's a summary of Shutterfly Inc's financial objectives:
- Gross leverage: 2.5-3.0x Adjusted EBITDA
- Return cash to shareholders: in excess of operating and financing needs, through share repurchases
Management Team

Shutterfly Inc's management team is paid according to the company's Annual Proxy.
The management team consists of the Board Members and the Executive Team, who are responsible for making key decisions and overseeing the company's operations.
The Voting Procedures section of the Annual Proxy outlines the process for electing Board Members and approving executive compensation.
The Board Members of Shutterfly Inc are responsible for setting executive salaries, bonuses, and perks, as outlined in the Salaries, Bonuses, Perks section.
Here is a brief overview of the management team's compensation:
By reviewing the Annual Proxy, investors can gain a better understanding of how Shutterfly Inc's management team is paid and held accountable.
Sources
- https://www.yahoo.com/video/2013-02-28-shutterfly-to-present-at-upcoming-investor-confere.html
- https://www.aol.com/news/2013-05-07-shutterfly-inc-to-present-at-upcoming-investor-con.html
- https://www.aol.com/2013-08-21-shutterfly-to-present-at-upcoming-investor-confere.html
- https://www.yahoo.com/lifestyle/2013-02-25-shutterfly-to-present-at-upcoming-investor-confere.html
- https://last10k.com/sec-filings/sfly
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