1stdibs Q3 revenue up 22% to $25.6M; net loss widens to $6.6M; guides Q4 GMV $117-121M

1stdibs.com, Inc.

2021-Q3 EPS reported -$0.90 revenue$75,801,000

Net revenue $25.6M (+22% YoY); gross margin 70.6% vs 69.9%.
GAAP net loss $6.6M vs $1.4M loss in Q3 2020; Adj EBITDA loss $(5.4)M vs $(0.5)M.
GMV $109M (+25% YoY); Active Buyers ~72K (+35%); Orders ~37K (+16%).
Q4 guidance: GMV $117-121M, net revenue $26.5-27.2M, Adj EBITDA margin (21%)-(18%).
Launched 1stDibs Auctions allowing bidding on furniture, art, jewelry, and fashion.

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