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Mar 31, 2022
RealReal Q1 2022 Earnings Report
Reported solid top-line growth and significant operating expense leverage.
Key Takeaways
The RealReal announced strong Q1 2022 results, exceeding expectations for both revenue and earnings. GMV increased by 31% year-over-year, and total revenue increased by 48% year-over-year. The company confirmed its full-year 2022 guidance.
Gross Merchandise Value (GMV) increased 31% year-over-year to $428 million.
Total Revenue increased 48% year-over-year to $147 million.
Net Loss was $57 million, compared to $56 million in the same period in 2021.
TTM active buyers reached 828,000, an increase of 21% compared to the same period in 2021.
RealReal
RealReal
RealReal Revenue by Segment
Revenue by Segment
Consignment Revenue
CapyFin.comDirect Revenue
CapyFin.com Forward Guidance
The company provided guidance for Q2 and confirmed full year 2022 guidance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income