secwatch.observer — SEC 8-K summary
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Issuer:     FIGS, Inc. (FIGS)
CIK:        0001846576
Form:       8-K
Filed at:   2021-11-10T23:59:59+00:00
Accession:  0000950170-21-004082
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FIGS Q3 net revenues up 33.7% to $102.7M; raises FY revenue outlook to $410M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1846576/000095017021004082/0000950170-21-004082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1846576/000095017021004082/figs-20211110.htm
  HTML page:      https://secwatch.observer/filing/0000950170-21-004082

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer