1stDibs Reports Third Quarter 2021 Financial Results
1stdibs.com, Inc. (DIBS)
Company Research
Source: GlobeNewswire
Q3 Gross Merchandise Value Increased 25% Year-Over-Year to $109 millionQ3 Net Revenue Increased 22% Year-Over-Year to $25.6 million NEW YORK, Nov. 10, 2021 (GLOBE NEWSWIRE) -- 1stdibs.com, Inc. (NASDAQ: DIBS), a leading online marketplace for luxury design products, today reported financial results for its third quarter ended September 30, 2021. Third Quarter 2021 Financial Highlights Net revenue was $25.6 million, an increase of 22% year-over-year.Gross profit was $18.1 million, an increase of 23% year-over-year.Gross margin was 70.6%, compared to 69.9% in the third quarter 2020.GAAP net loss was $6.6 million, compared to $1.4 million in the third quarter 2020.Non-GAAP Adjusted EBITDA and Adjusted EBITDA Margin was $(5.4) million and (21.0)%, respectively, compared to $(0.5) million and (2.2)%, respectively, in the third quarter 2020.Cash and cash equivalents totaled $167.1 million as of September 30, 2021. "While the macro environment remains unpredictable, we delivered GMV ab
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DIBS
Earnings
- 2/28/24 - Beat
DIBS
Sec Filings
- 4/17/24 - Form 4
- 4/10/24 - Form 4
- 4/8/24 - Form 4
- DIBS's page on the SEC website