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Mar 31, 2020
RealReal Q1 2020 Earnings Report
The RealReal announced first quarter 2020 results with GMV and revenue increasing year-over-year, but operations were constrained by shelter-in-place directives.
Key Takeaways
The RealReal reported a 15% increase in GMV and an 11% increase in total revenue for Q1 2020. However, the company's operations were constrained by shelter-in-place directives, resulting in a significant GMV headwind. The company is focusing on reducing operating expenses and preserving liquidity.
Gross Merchandise Volume (GMV) increased 15% year over year to $257.6 million.
Total Revenue increased 11% year over year to $78.2 million.
Gross Profit increased 16% year over year to $49.2 million.
Trailing 12 months active buyers reached 601,766, up 32% year over year.
Revenue by Segment
Forward Guidance
The company withdrew its outlook for the first quarter and full year 2020 as a result of the growing impact of the COVID-19 pandemic on its business. Given limited near-term visibility, the company elects to not provide an updated financial outlook.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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