earnings
confidence high
sentiment neutral
materiality 0.70
Aterian FY2024 revenue down 31% to $99M; guides 5-7% growth in 2025; launches $3M buyback
Aterian, Inc.
- Full-year net revenue $99.0M vs $142.6M in 2023; gross margin improved to 62.1% from 49.3%.
- Net loss narrowed to $11.9M from $74.6M; adjusted EBITDA loss improved to $2.1M from $22.3M.
- FY2025 guidance: net revenue $104-106M (5-7% YoY growth); adjusted EBITDA essentially break-even.
- Board authorized $3.0M share repurchase program effective March 18, 2025, through March 18, 2027.
- Cash balance $18.0M at year-end; operating cash flow improved to $2.2M from -$13.4M in 2023.