ThredUp Inc. (TDUP)

ThredUp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	260.03	258.5	288.38	251.79	186.02
Revenue Growth (YoY)	0.59%	-10.36%	14.53%	35.36%	13.55%
Cost of Revenue	52.91	60.04	96.04	73.66	57.87
Gross Profit	207.13	198.47	192.34	178.13	128.15
Selling, General & Admin	247.74	251.47	281.83	240.52	174.74
Operating Expenses	247.74	251.47	281.83	240.52	174.74
Operating Income	-40.62	-53	-89.49	-62.39	-46.59
Interest Expense	-2.53	-2.24	-0.81	-2.28	-1.31
Other Non Operating Income (Expenses)	3.17	2.9	1.79	1.57	0.07
EBT Excluding Unusual Items	-39.97	-52.34	-88.5	-63.1	-47.82
Gain (Loss) on Sale of Investments	-	-	-3.75	-	-
Pretax Income	-39.97	-52.34	-92.25	-63.1	-47.82
Income Tax Expense	0.03	0.02	0.04	0.08	0.06
Earnings From Continuing Operations	-40	-52.36	-92.28	-63.18	-47.88
Earnings From Discontinued Operations	-36.99	-18.89	-	-	-
Net Income	-76.99	-71.25	-92.28	-63.18	-47.88
Net Income to Common	-76.99	-71.25	-92.28	-63.18	-47.88
Shares Outstanding (Basic)	112	105	100	77	12
Shares Outstanding (Diluted)	112	105	100	77	12
Shares Change (YoY)	6.76%	5.07%	29.48%	566.60%	12.66%
EPS (Basic)	-0.69	-0.68	-0.92	-0.82	-4.14
EPS (Diluted)	-0.69	-0.68	-0.92	-0.82	-4.14
Free Cash Flow	-5.69	-35.7	-95.36	-54.85	-38.53
Free Cash Flow Per Share	-0.05	-0.34	-0.95	-0.71	-3.33
Gross Margin	79.65%	76.78%	66.70%	70.75%	68.89%
Operating Margin	-15.62%	-20.50%	-31.03%	-24.78%	-25.05%
Profit Margin	-29.61%	-27.56%	-32.00%	-25.09%	-25.74%
Free Cash Flow Margin	-2.19%	-13.81%	-33.07%	-21.78%	-20.71%
EBITDA	-23.29	-38.77	-75.45	-53.23	-41.01
EBITDA Margin	-8.96%	-15.00%	-26.16%	-21.14%	-22.05%
D&A For EBITDA	17.33	14.23	14.03	9.16	5.58
EBIT	-40.62	-53	-89.49	-62.39	-46.59
EBIT Margin	-15.62%	-20.50%	-31.03%	-24.78%	-25.05%
Revenue as Reported	260.03	258.5	288.38	251.79	186.02
Advertising Expenses	41.5	38.8	-	-	-

Updated Mar 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q