secwatch.observer — SEC 8-K summary
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Issuer:     1stdibs.com, Inc. (DIBS)
CIK:        0001600641
Form:       8-K
Filed at:   2024-02-28T23:59:59+00:00
Accession:  0001600641-24-000017
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1600641/000160064124000017/0001600641-24-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1600641/000160064124000017/q1-20240228.htm
  HTML page:      https://secwatch.observer/filing/0001600641-24-000017

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