Loading...
•
Dec 31, 2024
ThredUp Q4 2024 Earnings Report
Estimated Revenue:$69.9M
-14.4% YoY
Estimated EPS:-$0.146
9.8% YoY
Key Takeaways
ThredUp's Q4 2024 revenue increased 9% year-over-year to $67.3 million, with a record gross margin of 80.4%. The company reported a net loss of $8.1 million, an improvement from the previous year. Adjusted EBITDA more than doubled to $5.0 million. Active buyers declined 6%, while orders grew 2% year-over-year.
Revenue grew 9% YoY to $67.3 million.
Gross margin reached a record 80.4%.
Adjusted EBITDA improved to $5.0 million.
Net loss narrowed to $8.1 million from $8.5 million YoY.
Forward Guidance
ThredUp anticipates continued revenue growth in 2025, with gross margins remaining strong. The company expects moderate profitability improvements but warns of potential market headwinds.
Positive Outlook
- Revenue expected to grow 6% YoY in Q1 2025.
- Full-year 2025 revenue projected between $270M-$280M.
- Gross margin forecasted to remain strong between 77%-79%.
- Customer acquisition trends remain positive with record new buyer conversions.
- Continued expansion of Resale-as-a-Service partnerships.
Challenges Ahead
- Active buyer count declined 6% YoY, posing potential growth risks.
- Profitability improvements remain gradual and uncertain.
- Stock-based compensation expenses expected to increase.
- Macroeconomic conditions could impact consumer spending.
Loading...
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...