secwatch.observer — SEC 8-K summary
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Issuer:     1stdibs.com, Inc. (DIBS)
CIK:        0001600641
Form:       8-K
Filed at:   2022-05-11T23:59:59+00:00
Accession:  0001600641-22-000055
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

1stDibs Q1 net rev $26.6M (+4% YoY); GAAP net loss $6.4M vs $2.2M loss year ago
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- Q1 net revenue $26.6M (+4% YoY); gross profit $18.9M (+2%); gross margin 71.1% vs 72.5%.
- GAAP net loss $6.4M vs $2.2M loss in Q1 2021; Adj EBITDA loss $(4.7)M vs $(1.3)M.
- GMV $117M (+3% YoY); orders ~39K (-6%); active buyers ~71K (+10%).
- Q2 guidance: GMV $104-111M; net rev $24.4-25.5M; Adj EBITDA margin (28%)-(32%).
- Launched localized German site and expanded NFT marketplace.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1600641/000160064122000055/0001600641-22-000055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1600641/000160064122000055/dibs-20220511.htm
  HTML page:      https://secwatch.observer/filing/0001600641-22-000055

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