1stdibs Q2 revenue up 29% to $24.7M; GMV up 34%; issues Q3 guidance

1stdibs.com, Inc.

2021-Q2 EPS reported -$0.95 revenue$50,225,000

Net revenue $24.7M (+29% YoY); Gross profit $17.4M (+33%); GAAP net loss $4.1M vs $3.3M loss YoY.
GMV $107M (+34% YoY); orders ~38K (+28%); active buyers ~69K (+39%).
IPO net proceeds $123.0M from 6.6M shares; cash $176.1M at quarter end.
Q3 guidance: GMV $100-104M, revenue $23.6-24.3M, Adj EBITDA margin (18%)-(21%).
Launched NFT platform with bi-weekly auctions; debut collection 'Portals' by artist Metageist.

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