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Sep 30, 2022
RealReal Q3 2022 Earnings Report
Top-line growth was reported and operating expense leverage continued to be delivered.
Key Takeaways
The RealReal announced Q3 2022 results, with both GMV and total revenue increasing by 20% year-over-year. The company narrowed its Adjusted EBITDA loss and improved Adjusted EBITDA margin compared to the prior year.
GMV increased 20% year-over-year.
Total revenue increased 20% year-over-year.
Net loss was $(47.3) million, an improvement from $(57.2) million in the same period in 2021.
Cash & Cash Equivalents at Quarter-End was $300 million
RealReal
RealReal
RealReal Revenue by Segment
Revenue by Segment
Consignment Revenue
CapyFin.comDirect Revenue
CapyFin.comShipping Services Revenue
CapyFin.com Forward Guidance
For Q4 2022, the company projects GMV between $480 and $510 million and total revenue between $145 and $165 million. Adjusted EBITDA is expected to be between $(27) and $(23) million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income