earnings
confidence high
sentiment neutral
materiality 0.70
RealReal Q2 GMV +91% to $350M, net loss $70.7M; gross profit per order up $9 QoQ
TheRealReal, Inc.
2021-Q2 EPS reported
-$1.40
revenue$203,729,000
- GMV $350M (+91% YoY), revenue $104.9M (+83% YoY). Net loss $70.7M incl. $11M legal settlement charge.
- Adjusted EBITDA loss $32.9M (31.4% of rev) vs -$35.2M in Q1; gross profit per order $94 (+$9 QoQ).
- TTM active buyers 730K (+19% YoY); AOV $520 (+25% YoY); orders 673K (+53% YoY).
- Retail stores generated ~30% of new consignors; July GMV $116.6M (+56% YoY).
- Company expects at least 30% annual GMV growth; profitability targeted within 18 months but no firm timeline.