REAL Q1 2023 Earnings — The RealReal, Inc. Revenue & Financial Results | Market Cap Arena

REALThe RealReal, Inc.

$3B

Q1 2023 Earnings

Consumer Cyclical Luxury Goods

Income Statement

Revenue

$142M-3.3% YoY

Gross Profit

$90M63.4% margin

Operating Income

-$82M-57.6% margin

Net Income

-$83M-58.1% margin

EPS (Diluted)

$-3.32

QoQ Revenue Growth

-11.1%

Cash Flow

Operating Cash Flow

-$30M

Free Cash Flow

-$46M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$512M

Total Liabilities

$755M

Stockholders' Equity

-$244M

Cash & Equivalents

$247M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$142M	$147M	-3.3%
Gross Profit	$90M	$79M	+14.5%
Operating Income	-$82M	-$55M	-49.5%
Net Income	-$83M	-$57M	-43.7%

Revenue Segments

Service

$103M72%

Product

$25M18%

Shipping and Handling

$14M10%