secwatch.observer — SEC 8-K summary
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Issuer:     Rent the Runway, Inc. (RENT)
CIK:        0001468327
Form:       8-K
Filed at:   2022-04-13T23:59:59+00:00
Accession:  0001468327-22-000043
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rent the Runway Q4 revenue up 91% YoY to $64.1M; FY2022 revenue guidance $295-305M
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- Q4 revenue $64.1M (+91% YoY); ending Active Subscribers 115,240 (+110% YoY).
- FY2021 revenue $203.3M (+29% YoY); net loss $(211.8)M incl. $51.5M non-recurring charges.
- Gross margin improved to 36.7% in Q4 (vs 13.1% prior year); FY gross margin 34.3% (vs 9.8%).
- FY2022 revenue guidance $295-305M (45-50% YoY growth); Adj EBITDA margin (6)% to (5)%.
- Targeting Adj EBITDA breakeven in 3-5 quarters; free cash flow breakeven in mid-term.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1468327/000146832722000043/0001468327-22-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1468327/000146832722000043/wdq-20220413.htm
  HTML page:      https://secwatch.observer/filing/0001468327-22-000043

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