TDUP Q1 2024 Earnings — ThredUp Inc. Revenue & Financial Results | Market Cap Arena

TDUPThredUp Inc.

$478M

Q1 2024 Earnings

Consumer Cyclical Specialty Retail

Income Statement

Revenue

$65M-15.0% YoY

Gross Profit

$52M80.1% margin

Operating Income

-$12M-19.2% margin

Net Income

-$17M-25.7% margin

EPS (Diluted)

$-0.15

QoQ Revenue Growth

-20.7%

Cash Flow

Operating Cash Flow

$1M

Free Cash Flow

$267,000

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$244M

Total Liabilities

$151M

Stockholders' Equity

$94M

Cash & Equivalents

$50M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$65M	$76M	-15.0%
Gross Profit	$52M	$51M	+1.2%
Operating Income	-$12M	-$20M	+38.6%
Net Income	-$17M	-$20M	+16.4%

Revenue Segments

Loyalty Program

$4M70%

Gift Card Breakage

$1M25%

Gift Card

$300,0006%