FIGS, Inc. operates as a direct-to-consumer healthcare apparel and lifestyle company in the United States. It designs and sells healthcare apparel and other non-scrub offerings, such as lab coats, under scrubs, outerwear, activewear, loungewear, compression socks footwear, and masks. It also offers sports bras, performance leggings, tops, super-soft pima cotton tops, vests, and jackets. The company markets and sells its products through its digital platform comprising website and mobile app. FIGS, Inc. was founded in 2013 and is headquartered in Santa Monica, California.

FIGS, Inc.

FIGS offers medical uniforms and apparel including scrubs for healthcare professionals, self-described as designed for comfort and performance.

FIGS

FIGS | 51,837 followers on LinkedIn. Why wear scrubs when you can wear FIGS?  | FIGS scrubs are revolutionizing the medical apparel industry through its use of ridiculously soft and technical fabrics that are tailored to perfection. 

FIGS proprietary fabric is wrinkle resistant, moisture wicking and utilizes four-way stretch. Through our customer-centric, vertically integrated e-commerce platform, FIGS has transformed the way medical professionals shop.

Board Member and Former Chief Financial Officer

Mario Marte

Rafael "Paey" Reyes

Sara Christensen

Co-Founder & Co-CEO at FIGS

Heather Hasson

Renata Lewis, MD, Mountain Rescue Flight Physician, and her team are taking medicine to new heights. The mission: saving lives above 7,000 feet 🏔️ 🚁 — where every second counts. ⏱️ Meet the NEW FIGS Extremes Collection. Technically advanced products inspired by healthcare’s highest stakes. Ready when you are.

FIGS Rittenhouse Community Hub (noun): a place made for the Awesome Humans in healthcare; a space for connection support (and a cup of cold brew — on us), a physical location to try on FIGS (complete with custom embroidery). “The FIGS Rittenhouse Community Hub is now open in Philadelphia.” Come by and say hi. Hours & address: https://lnkd.in/gaSHusRt

As we reflect on the 2024 Paris Olympics and Paralympic Games, we’re incredibly proud of the outstanding achievements of the USA Medical Team. 🇺🇸 It’s been an honor to celebrate and cheer them on.

Take a look at our Q2 recap video to see everything we've been up to as we continue to celebrate, empower and serve our Awesome Humans!

We announced 2024 Q2 Earnings earnings today. As our CEO Trina Spear said: "Our strong second quarter performance shows that our investments are paying off. We exceeded our outlook and saw continued momentum in the business, including a positive year-over-year repeat frequency trend. Our strategy of combining pioneering product innovation with powerful top of funnel marketing is resonating. We look forward to continuing our momentum into the second half of the year, spurred by the biggest and most exciting campaign we have ever done – our first-of-its-kind partnership outfitting the USA Medical Team at the #Paris2024 Olympic Games. Learn more here: https://brnw.ch/21wLKES

For the first time, the more than 250 healthcare professionals who form the Team USA Medical Team have a uniform. Figs, a direct-to-consumer medical apparel brand—and the first company led by two female cofounders to go public—partnered with the U.S. Olympic and Paralympic Committee (USOPC) to break another barrier. “This is the first time ever that a medical team has been outfitted for any country for the Olympic Games,” FIGS cofounder and CEO Trina Spear tells Fortune . “It’s very much about something that speaks to our overall mission and values as a company from day one: putting health care professionals in the spotlight that they deserve. Usually they’re behind the scenes, but not anymore. This is really about showcasing the people who are serving all of us, serving humanity, and in this case, serving athletes.” Read more: bit.ly/3LwzN9m

Fortune Well

We’re excited to announce the launch of our FIGS x TEAM USA Collection, created to celebrate the healthcare professionals at the 2024 Olympic and Paralympic Games in Paris. For the first time, the USA Medical Team will be outfitted together in FIGS (a first for any medical team, in any country).In this exclusive film, John Caruso , our SVP of Concept and Design gives a peek behind the scenes of the FIGS x TEAM USA Collection. 🥇🩺 Discover the creativity and detail that went into bringing these pieces to life. Learn more about our campaign at wearFIGS.com/olympics United States Olympic & Paralympic Committee

Thank you Lindsey Leake, M.A.² for putting a spotlight on the incredible healthcare professionals participating in the 2024 Paris Olympics. FIGS is honored to be the first-ever brand to outfit a country's medical team and celebrate the ultimate team sport - medicine. GO TEAM USA!

Trina Spear

It’s clear — healthcare professionals need to be protected. Nobody knows the issues they are facing better than the real people in healthcare. 🩺 In April, FIGS brought 16 healthcare workers to Washington D.C. to meet with congressional and senate offices on both sides of the aisle and tell their stories first hand, raise awareness, and bring the voices of healthcare to life. At the end of May, we officially submitted our request to both the House and Senate to secure funding for funding for four critical areas: - $45 million for the Lorna Breen Act - $1.51 billion for healthcare workforce development - Funding for a tracking program to enhance healthcare providers' wellbeing - Support for work-based learning programs through the Departments of Education and Labor for the next generation of healthcare professionals This is a significant step towards supporting those who dedicate their lives to caring for others. But our advocacy doesn’t end there. To learn more about FIGS Advocacy, the Awesome Humans Bill and more ways YOU can get involved and take action for our healthcare workers — visit https://lnkd.in/gTnD6veV

In January, we celebrated a huge milestone: the opening of the FIGS Operating Theater and ICU in partnership with Tiba Foundation and the Matibabu Foundation. Thank you to our founders Heather Hasson and Trina Spear who have worked tirelessly to make this multi-year project a reality, and to Meg Whitman (US Ambassador to Kenya) — without your support, this would not have been possible! Watch a clip from the opening ⬇️ https://brnw.ch/21wHpGX

	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
asset turnover	1.77 -	1.97 11.36%	1.35 31.53%	1.28 4.87%	1.15 9.94%
cash conversion cycle	50.06 -	197.16 293.81%	222.49 12.85%	383.69 72.45%	230.66 39.88%
cash per share	0.24 -	0.36 51.57%	1.23 238.13%	0.97 21.23%	1.35 39.89%
company equity multiplier	1.61 -	1.37 15.03%	1.27 7.36%	1.28 1.12%	1.26 2.19%
days of inventory outstanding	167.52 -	249.06 48.68%	265.40 6.56%	429.14 61.70%	257.58 39.98%
days of payables outstanding	123.26 -	59.92 51.39%	45.03 24.84%	50.41 11.94%	31.91 36.69%
days of sales outstanding	5.81 -	8.02 38.07%	2.12 73.52%	4.95 133.32%	5.00 0.85%
dividend yield
ebit per revenue	-0.00 -	0.22 7,112.08%	0.03 88.11%	0.07 184.48%	0.06 16.21%
ebt per ebit	-0.32 -	1.00 410.55%	0.90 10.44%	1.03 14.54%	1.20 16.58%
effective tax rate	-4.11 -	0.14 103.49%	1.97 1,274.94%	0.45 77.00%	0.45 1.69%
enterprise value multiple	28.05K -	80.66 99.71%	363.79 351.04%	24.54 93.25%	31.65 28.97%
fixed asset turnover	19.22 -	40.30 109.68%	55.12 36.77%	19.21 65.15%	8.03 58.18%
free cash flow per share	0.01 -	0.12 1,000.90%	0.40 229.02%	-0.25 161.48%	0.46 288.36%
gross profit margin	0.72 -	0.72 0.69%	0.72 0.70%	0.70 2.39%	0.69 1.41%
interest coverage			45.95 -	-35.50 177.25%	5.03 114.16%
inventory turnover	2.18 -	1.47 32.74%	1.38 6.16%	0.85 38.16%	1.42 66.60%
long term debt to capitalization				0.05 -	0.09 92.03%
net income per ebt	5.11 -	0.86 83.22%	-0.97 213.13%	0.55 156.44%	0.55 1.40%
net profit margin	0.01 -	0.19 3,553.13%	-0.02 112.04%	0.04 283.90%	0.04 0.95%
operating cash flow per share	0.04 -	0.14 233.00%	0.42 207.35%	-0.21 151.22%	0.55 358.80%
operating cycle	173.32 -	257.08 48.32%	267.52 4.06%	434.10 62.27%	262.58 39.51%
operating profit margin	-0.00 -	0.22 7,112.08%	0.03 88.11%	0.07 184.48%	0.06 16.21%
payables turnover	2.96 -	6.09 105.72%	8.11 33.05%	7.24 10.67%	11.44 57.95%
pretax profit margin	0.00 -	0.22 21,675.93%	0.02 89.35%	0.08 225.84%	0.07 2.32%
price fair value	123.86 -	49.22 60.26%	17.86 63.71%	3.61 79.77%	3.36 6.92%
receivables turnover	62.85 -	45.52 27.57%	171.89 277.61%	73.67 57.14%	73.05 0.84%
return on assets	0.01 -	0.37 3,968.11%	-0.03 108.25%	0.05 274.95%	0.05 10.80%
return on capital employed	-0.01 -	0.57 6,977.45%	0.04 92.30%	0.12 164.21%	0.08 29.66%
return on equity	0.01 -	0.51 3,356.71%	-0.04 107.64%	0.07 276.92%	0.06 12.75%
total debt to capitalization	0.18 -	0.14 21.61%	0.14 4.31%	0.06 59.53%	0.11 89.56%

NYSE:FIGS

FIGS

Last Close

6.67

08/11 21:00

Market Cap

843.73M

Beta: -

Volume Today

15.98M

Avg: 3.42M

PE Ratio

61.80

PFCF: 13.35

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