earnings
confidence high
sentiment positive
materiality 0.75
FIGS reports preliminary Q4 net revenue $128M (+42% YoY); FY2021 $419M (+59%), beating guidance
FIGS, Inc.
2021-FY EPS reported
-$0.06
revenue$419,591,000
- Q4 net revenue $128M, up 42% YoY; active customers 1.9M, up 46% YoY.
- FY2021 net revenue $419M, up 59% YoY, exceeding prior guidance of ~$410M.
- Average order value $105 for FY2021 (+12% YoY); Q4 AOV $113 (+15% YoY).
- FY2021 gross margin at least 70%, adjusted EBITDA margin at least 20%, in line with prior outlook.
- Reiterated long-term target of over $1B net revenue by 2025, with gross margin 70%+ and adjusted EBITDA margin 20%+.