earnings
confidence high
sentiment positive
materiality 0.80
Allbirds Q4 revenue $97.2M (record), FY2021 $277.5M (+27%); guides FY2022 $355-365M
Allbirds, Inc.
2021-FY EPS reported
-$0.65
revenue$277,472,000
- Q4 2021 net revenue $97.2M, up 23% YoY; full year $277.5M, up 27% from 2020.
- Full year GAAP net loss $45.4M ($0.65/share) vs. $25.9M loss in 2020; adjusted EBITDA loss improved 24% to $11.7M.
- Gross margin expanded 145 bps to 52.9% for FY2021; Q4 gross margin 50.2%.
- Opened 13 stores in 2021, ending with 35 locations; retail channel sales grew 112% YoY.
- FY2022 revenue guidance raised to $355-365M (+28-32%); Q1 2022 revenue guidance $60-62M.