secwatch.observer — SEC 8-K summary
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Issuer:     ThredUp Inc. (TDUP)
CIK:        0001484778
Form:       8-K
Filed at:   2024-03-04T23:59:59+00:00
Accession:  0001484778-24-000033
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ThredUp Q4 revenue $81.4M (+14% YoY); guides FY2024 to adj EBITDA breakeven on annual basis
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- Q4 revenue $81.4M (+14% YoY); net loss $14.6M improved from $19.5M loss in prior-year quarter.
- Q4 Adj EBITDA loss $2.1M (2.6% margin) vs. $5.8M loss (8.2% margin) a year ago.
- Full year 2023 revenue $322.0M (+12% YoY); net loss $71.2M vs. $92.3M in 2022.
- Active Buyers 1.8M (+9% YoY); Orders 1.8M (+17% YoY) in Q4; annual orders 6.9M (+6%).
- FY2024 guidance: revenue $340-350M; adj EBITDA margin +0.5% to +1.5%, implying first annual breakeven.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1484778/000148477824000033/0001484778-24-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1484778/000148477824000033/tdup-20240304.htm
  HTML page:      https://secwatch.observer/filing/0001484778-24-000033

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