secwatch.observer — SEC 8-K summary
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Issuer:     1stdibs.com, Inc. (DIBS)
CIK:        0001600641
Form:       8-K
Filed at:   2021-08-11T23:59:59+00:00
Accession:  0001600641-21-000005
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1600641/000160064121000005/0001600641-21-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1600641/000160064121000005/dibs-20210811.htm
  HTML page:      https://secwatch.observer/filing/0001600641-21-000005

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