Loading...
•
Sep 30, 2021
RealReal Q3 2021 Earnings Report
Reported strong top-line growth and solid bottom-line improvements.
Key Takeaways
The RealReal announced its Q3 2021 results, with GMV increasing by 50% year-over-year to $368 million and total revenue increasing by 53% year-over-year to $119 million. The company's gross profit per order also improved by $4 year-over-year to $94.
GMV increased 50% year-over-year to $368 million.
Total revenue increased 53% year-over-year to $119 million.
Gross profit per order improved $4 year-over-year to $94.
Trailing 12-months active buyers reached 772,000, an increase of 25% compared to the same period in 2020.
RealReal
RealReal
RealReal Revenue by Segment
Revenue by Segment
Consignment Revenue
CapyFin.comDirect Revenue
CapyFin.com Forward Guidance
Overall, the business is experiencing very positive trends and the company believes these trends will continue through the end of the year and into 2022. While the company is in the early innings of delivering operating expense leverage, it believes the company is starting to see the benefits of its previous investments, which will create leverage as it drives toward profitability in the coming quarters
Revenue & Expenses
Visualization of income flow from segment revenue to net income