The RealReal announced Q2 2022 results, with GMV increasing 30% year-over-year and total revenue increasing 47% year-over-year. Net income was $(53.2) million, and Adjusted EBITDA improved to $(28.8) million.
GMV was $454 million, an increase of 30% compared to the same period in 2021.
Total Revenue was $154 million, an increase of 47% compared to the same period in 2021.
Net Loss was $53.2 million, compared to $71 million in the same period in 2021.
Adjusted EBITDA was $(28.8) million, compared to $(32.9) million in the second quarter of 2021.
Based on market conditions as of August 9, 2022, the company is providing guidance for Q3 and full year 2022 GMV, total revenue and Adjusted EBITDA.
Visualization of income flow from segment revenue to net income