NASDAQ$REAL

RealReal Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Returned to growth with December GMV increasing year-over-year and new buyers reaching a quarterly record.

The RealReal announced Q4 2020 results, showing improving trends with December GMV increasing 6% year-over-year. Total supply units shipped increased 13% year-over-year, and new buyers reached a quarterly record, increasing 21% year-over-year.

  • GMV was $301.2 million, a 1% year-over-year decrease.
  • Total Revenue was $84.6 million, a 10% year-over-year decrease.
  • New buyers achieved a quarterly record, increasing 21% year-over-year.
  • Orders reached 671,278, a 5% year-over-year increase.

Headline financials

Total Revenue

$84.6M

Previous: $97.3M-13.1%
EPS (adj)

-$0.49

Previous: -$0.17-188.2%
Gross Merchandise Value

$301M

Previous: $303M-0.6%
Active Buyers

648.9K

Previous: 581.7K+11.5%
Average Order Value

$449.00

Previous: $476.00-5.7%
Number of Orders

671.3K

Previous: 637.1K+5.4%
Take Rate

35.7%

Previous: 36.2%-1.4%
Capital Expenditures

$2.57M

Previous: $8.65M-70.3%
Free Cash Flow

-$41M

Previous: -$5.02M-716.0%
Net Income

-$53M

Previous: -$21.4M-148.0%
Operating Income

-$50.6M

Previous: -$22.9M-121.3%
Gross Profit

$51.1M

Previous: $62.5M-18.2%
Cash & Equivalents

$351M

Previous: $154M+127.2%
Total Assets

$605M

Previous: $465M+30.1%
Stock-Based Comp

$7.41M

Previous: $2.8M+165.2%

Revenue & EPS history

RealReal · Revenue · Quarterly

$84.6M

Q4 2020-13.1%vs Q4 2019
Beat estimate in 6 of 11 quarters(55%)
ActualEstimate

Revenue by segment

RealReal · $84.6M total across 2 segments · Q4 2020

  • Consignment
    $69.1M-14.4%
  • Direct
    $15.5M-6.8%

Forward guidance

Anticipate Q1 GMV will be in the range of $301 million to $310 million, representing a 17% to 20% Y/Y growth rate.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2020

Historical avgQ4 2020

-2.0%

Avg return

Earnings day

+2.3%

Avg return

5 days after

-0.3%

Avg return

30 days after

33%

9 / 27 earnings

Positive

+61.4%

Q4 2023

Best reaction

-30.6%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-5.1%-28.2%-31.8%
Q4 2025-1.5%-2.1%-30.8%
Q3 2025+37.7%+23.6%+27.2%
Q1 2025-30.6%-21.8%-21.7%
Q4 2024-18.8%-0.5%-31.5%
Q3 2024+22.4%+25.8%+105.7%
Q2 2024-23.2%-21.0%-26.5%
Q1 2024-3.1%-1.9%-10.0%
Q4 2023+61.4%+118.1%+128.7%
Q3 2023+25.8%+30.8%+43.4%
Q2 2023+12.1%+17.0%+19.3%
Q1 2023-10.6%-18.2%+24.1%
Q4 2022+11.2%+21.6%-11.9%
Q3 2022-15.8%+18.0%+9.4%
Q2 2022-14.1%-19.4%-40.7%
Q1 2022-25.4%-18.7%-33.4%
Q4 2021-0.9%+11.7%-1.6%
Q3 2021+19.4%+21.1%+3.4%
Q2 2021-18.6%-18.4%-27.5%
Q1 2021-27.9%-36.6%-17.2%
Q4 2020-12.0%-9.5%-25.4%
Q3 2020-9.1%-14.9%-4.5%
Q2 2020+1.9%+12.3%+3.8%
Q1 2020+5.7%+5.7%+19.1%
Q4 2019+0.0%-6.4%-48.8%
Q3 2019-15.5%-23.0%-24.4%
Q2 2019-20.1%-3.6%-5.4%
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro