ThredUp gross profit from 2019 to 2022. The forward-looking statements in this release are based on information available to us as of the date hereof, and we disclaim any obligation to update any forward-looking statements, except as required by law. For the full fiscal year 2022, thredUP expects: Revenue in the range of $315 million to $325 million Gross margin in the range of 67% to 69% Adjusted EBITDA margin loss in the range of 16% to 14%. Cost of goods sold (COGS) is defined as the direct costs attributable to the production of the goods sold in a company. PDF Version. ThredUp spent $31.4 million on marketing during the same timeframe, up from $23.9 million a year earlier; and The RealReal splashed $28.7 million, compared to $22.6 million in the first half of 2o20. ThredUp, Inc. (NASDAQ:NASDAQ:TDUP) Q1 2022 Earnings Conference Call May 09, 2022, 16:30 ET Company Participants James Reinhart - Co-Founder, CEO & Director Sean Sobers - CFO Conference. Record number of Active Buyers of 1.7 million in Q1 2022 and Orders of 1.6 million in Q1 2022, representing growth . Additional information regarding these and other factors that could affect thredUP's results is included in thredUPs 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. The supply chain dynamics in our marketplace continue to improve as we inch further away from the volatility caused by Covid-19. *$20 discount valid on purchase of full-price Madewell branded jeans made in Madewell stores or at madewell.com when you contribute one pair of jeans to Madewell's denim upcycling program. Nevertheless, the company is not yet profitable, with a net loss in 2018 of $75.8 million. Sellers love thredUP because we make it easy to clean out their closets and unlock value for themselves or for the charity of their choice while doing good for the planet. Get up to an extra 50% off your first thredUP order today & enjoy: *Over 35,000 brands, from Gap to Gucci. ThredUp Inc. provides resale platforms for women's and kids' apparel, shoes and accessories.
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