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Dec 31, 2022
RealReal Q4 2022 Earnings Report
Reported solid financial results with increased GMV and revenue, and improved gross profit and Adjusted EBITDA loss.
Key Takeaways
The RealReal announced its Q4 and Full Year 2022 financial results. Q4 GMV increased by 13% year-over-year, and total revenue increased by 10%. The company's focus remains on updating the consignor commission structure, improving efficiency, optimizing product pricing, and pursuing new revenue streams.
GMV increased 13% year-over-year to $493 million.
Total revenue increased 10% year-over-year to $160 million.
Net loss improved to $39 million compared to $52 million in the same period in 2021.
Gross margin improved by 490 basis points due to the shift from direct to consignment business.
Revenue by Segment
Forward Guidance
For Q1 2023, the company expects GMV between $430 and $460 million, total revenue between $135 and $145 million, and Adjusted EBITDA between $(35) and $(31) million.
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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