earnings
confidence high
sentiment positive
materiality 0.75
FIGS Q4 rev $128.7M (+42.7% YoY); FY rev $419.6M (+59.5% YoY); guides FY22 $550-560M
FIGS, Inc.
- Q4 net income $12.6M ($0.06 diluted EPS); adjusted EPS $0.09.
- FY 2021 net loss $9.6M ($0.06 diluted loss) due to $50.4M IPO stock comp; adjusted net income $55.9M ($0.30 adjusted EPS).
- FY gross margin 71.8% (-50 bps YoY); Q4 gross margin 69.9% (-110 bps YoY).
- Active customers 1.9M (+46%); net revenue per active customer $224 (+11%); AOV $105 (+12%).
- FY2022 guidance: net rev $550-560M, gross margin 70%+, adjusted EBITDA margin 20%+.