Thredup Inc. · NASDAQ:TDUP
Thredup — Q4 2024 Earnings Presentation
10 slides from Thredup's earnings presentation, Mar 2, 2025
Slide 1: Fourth Quarter and Full Year 2024 Supplemental Financials
Exhibit 99.2 ThredUp Inc. Fourth Quarter and Full Year 2024 Supplemental Financials • Adjusted EBITDA from continuing operations of Key Financial Metrics from continuing operations for $8.7 million the Quarter ◦ vs. loss of $5.3 million in FY 2023 • Revenue of $67.3 million • Adjusted EBITDA from co
Slide 2: Condensed Consolidated Statements of Operations
ThredUp Inc. Condensed Consolidated Statements of Operations (in thousands, except percentages, unaudited) September December September December March 31, June 30, 30, 31, March 31, June 30, 30, 31, Three Months Ended 2023 2023 2023 2023 2024 2024 2024 2024 Revenue: Consignment $ 46,479 $ 53,415 $ 5
Slide 3: Reconciliation of Loss from Continuing Operations to Non-GAAP Adjusted EBITDA
ThredUp Inc. Reconciliation of Loss from Continuing Operations to Non-GAAP Adjusted EBITDA (in thousands, except percentages, unaudited) September December September December March 31, June 30, 30, 31, March 31, June 30, 30, 31, Three Months Ended 2023 2023 2023 2023 2024 2024 2024 2024 Loss from co
Slide 4: Reconciliation of GAAP Operating Expenses to Non-GAAP Operating Expenses
ThredUp Inc. Reconciliation of GAAP Operating Expenses to Non-GAAP Operating Expenses (in thousands, except percentages, unaudited) September December September December March 31, June 30, 30, 31, March 31, June 30, 30, 31, Three Months Ended 2023 2023 2023 2023 2024 2024 2024 2024 Operations, produ
Slide 5: Condensed Consolidated Balance Sheets
ThredUp Inc. Condensed Consolidated Balance Sheets (in thousands, unaudited) September December March 31, June 30, 30, 31, 2024 2024 2024 2024 Assets: Current assets: Cash and cash equivalents $ 47,826 $ 43,135 $ 40,197 $ 31,851 Marketable securities 12,399 10,525 11,581 12,325 Accounts receivable,
Slide 6: Condensed Consolidated Statements of Cash Flows
ThredUp Inc. Condensed Consolidated Statements of Cash Flows (in thousands, unaudited) September December March 31, June 30, 30, 31, Three Months Ended 2024 2024 2024 2024 Cash flows from continuing operating activities: Loss from continuing operations $ (12,190) $ (9,392) $ (10,358) $ (8,059) Adjus
Slide 7: Reconciliation of Net Cash from Continuing Operating Activities to Non-GAAP Free Cash Flow
ThredUp Inc. Reconciliation of Net Cash Provided By (Used In) Continuing Operating Activities to Non-GAAP Free Cash Flow (in thousands, unaudited) September December March 31, June 30, 30, 31, Three Months Ended 2024 2024 2024 2024 Net cash provided by (used in) continuing operating activities $ 3,2
Slide 8: About ThredUp and Investor Contacts
Investors ir@thredup.com Media media@thredup.com About ThredUp ThredUp is transforming resale with technology and a mission to inspire the world to think secondhand first. By making it easy to buy and sell secondhand, ThredUp has become one of the world's largest online resale platforms for apparel,
Slide 9: Non-GAAP Financial Measures and Other Operating and Business Metrics
Additional information regarding these and other factors that could affect ThredUp's results is included in ThredUp’s SEC filings, which may be obtained by visiting our Investor Relations website at ir.thredup.com or the SEC's website at www.sec.gov. Non-GAAP Financial Measures and Other Operating a
Slide 10: Forward-Looking Non-GAAP Guidance Reconciliation Note
ThredUp is not providing a quantitative reconciliation of forward-looking guidance of the non-GAAP measures above, including Adjusted EBITDA margin to net loss margin, the most directly comparable financial measure under GAAP, because certain items are out of ThredUp’s control or cannot be reasonabl