1stDibs Q4 revenue $20.9M (-9% YoY); net loss narrows to $2.9M

1stdibs.com, Inc.

2023-FY EPS reported -$0.57 revenue$84,684,000

Q4 2023 net revenue $20.9M, down 9% YoY; full year revenue $84.7M, down 13%.
GAAP net loss improved to $2.9M in Q4 from $6.9M a year ago; full year loss $22.7M.
Non-GAAP adjusted EBITDA loss was $1.7M (8.1% margin) vs. $4.5M (19.5%) in Q4 2022.
GMV $86.4M (-17% YoY); Active Buyers ~61K (-10%); Orders ~34K (-11%).
Q1 2024 guidance: net revenue $20.6M-$21.9M, adjusted EBITDA margin (13%) to (8%).

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

1stdibs.com, Inc. reported fourth quarter and year ended December 31, 2023 results: revenue $20.9 million, net income $(2.9) million. Guidance reaffirmed.

Period: fourth quarter and year ended December 31, 2023
Revenue: $20.9 million
Net income: $(2.9) million
Guidance: reaffirmed
Result: reported results

Exact text from the filing

or the "Company") , today reported financial results for its fourth quarter and year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights • Net revenue was $20.9 million, a decrease of 9% year-over-year. • Gross profit was $15.0 million, a decrease of 8% year-over-year. • Gross margin was 71.5%, compared to 70.5% in the fourth quarter 2022. •

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1stdibs.com, Inc. filing history →

Source: SEC EDGAR

accession 0001600641-24-000017

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