1stDibs Q2 2024 net revenue $22.2M (+6% YoY); GAAP net loss narrows to $4.4M

1stdibs.com, Inc.

2024-Q2 EPS reported -$0.20 revenue$44,297,000

Net revenue $22.2M (+6% YoY); GMV $91.5M (+2% YoY); order count ~34K (+5% YoY).
GAAP net loss $4.4M vs $8.3M prior year; Adjusted EBITDA margin -7.1% vs -21.9%.
Active buyers ~61K (-6% YoY) but conversion rate expanding; Q3 guidance: rev $20.8M-$22.1M.
Cash and investments $110.6M; best Adjusted EBITDA margin as a public company.

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