earnings
confidence high
sentiment negative
materiality 0.80
FIGS Q4/FY2024 revenue up 1.8% YoY to $555.6M; FY2025 guide sees low-single-digit decline; board adds $50M buyback
FIGS, Inc.
2024-FY EPS reported
$0.02
revenue$555,558,000
- FY2024 net revenues $555.6M (+1.8% YoY); net income $2.7M, diluted EPS $0.02; adjusted EBITDA margin 9.3% vs 15.8% prior year.
- Q4 net revenues $151.8M (+4.8% YoY); net income $1.9M, diluted EPS $0.01; adjusted EBITDA $21.1M (13.9% margin) vs $26.6M (18.4%).
- Active customers 2.7M (+3.0% YoY); net revenues per active customer $208 (-1.0%); AOV $113 (-1.7%).
- FY2025 outlook: net revenue growth down low-single-digits; adjusted EBITDA margin 9.0%-9.5%.
- Board increased share repurchase authorization by $50M to $100M total; ~$54.6M available for repurchases.