secwatch.observer — SEC 8-K summary
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Issuer:     Allbirds, Inc. (BIRD)
CIK:        0001653909
Form:       8-K
Filed at:   2021-11-30T23:59:59+00:00
Accession:  0001653909-21-000008
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Allbirds Q3 revenue $62.7M (+33% YoY); net loss $13.8M; FY2021 guidance $270-272M
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- Net revenue $62.7M, up 33% YoY and 40% vs Q3 2019; U.S. revenue up 42% to $47.7M.
- Gross margin expanded 120 bps to 54.1%; GAAP net loss $13.8M ($0.25/share) vs $7.0M loss YoY.
- Adjusted EBITDA loss $6.3M vs $3.8M loss YoY; margin -10.1% vs -8.1%.
- FY2021 guidance: net revenue $270-272M (23-24% growth), adjusted EBITDA loss $17-15M.
- Ended Q3 with $65M cash; November 2021 IPO raised ~$252.8M net proceeds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1653909/000165390921000008/0001653909-21-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1653909/000165390921000008/bird-20211130.htm
  HTML page:      https://secwatch.observer/filing/0001653909-21-000008

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