other material
confidence high
sentiment neutral
materiality 0.60
Arhaus investor presentation shows 2023 revenue of $1.29B, adjusted EBITDA margin 15.8%
Arhaus, Inc.
- Revenue grew from $495M in 2019 to $1.29B in 2023; 2023 net income $125.2M.
- Adjusted EBITDA was $203.5M in 2023 vs $222.5M in 2022; margin fell from 18.1% to 15.8%.
- Gross margin ranged 11%-19% over 5 years; 2023 gross margin 19%.
- Company cites ~$100B U.S. premium home furniture TAM with <2% market share.
- Adjusted EBITDA per year: $49.9M (2019), $69.4M (2020), $122.9M (2021), $222.5M (2022), $203.5M (2023).