earnings
confidence high
sentiment positive
materiality 0.75
FIGS Q3 net revenues up 33.7% to $102.7M; raises FY revenue outlook to $410M
FIGS, Inc.
2021-Q3 EPS reported
-$0.14
revenue$290,892,000
- Net revenues $102.7M, up 33.7% YoY (41.4% excl. prior-year related-party sale).
- Net income $7.0M ($0.03 diluted EPS); adjusted EPS $0.05, adjusted EBITDA $22.2M.
- Active customers grew 57.6% to 1.7M; AOV up 3.0% to $102.
- Adjusted EBITDA margin fell 11.9 pp to 21.6% on investments and higher costs.
- Raises 2021 full-year net revenue outlook from $395M to $410M.