Arhaus highlights strong 2022 results: revenue $1.23B, adjusted EBITDA margin 18.1%

Arhaus, Inc.

Net income for 2022 was $136.6M, up from $36.9M in 2021.
Revenue grew to $1.23B in 2022 from $796.9M in 2021, a 54% increase.
Adjusted EBITDA margin improved to 18.1% in 2022 from 15.4% in 2021.
Total addressable market for premium home furniture in US estimated at ~$100B.
Company operates in a fragmented market with less than 2% market share.

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