ThredUp Inc. (TDUP)

ThredUp Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	41.06	31.85	54.34	38.03	84.55	64.49
Short-Term Investments	5.72	12.33	8.1	66.9	121.28	-
Cash & Short-Term Investments	46.78	44.18	62.44	104.93	205.83	64.49
Cash Growth	-25.17%	-29.25%	-40.50%	-49.02%	219.19%	-24.70%
Accounts Receivable	4.23	3.57	5	4.67	4.14	1.82
Receivables	4.23	3.57	5	4.67	4.14	1.82
Inventory	-	0.69	2.82	17.52	9.83	3.52
Restricted Cash	3.85	3.69	0.46	0.38	0.56	0.36
Other Current Assets	5.6	4.8	23.17	6.69	8.07	4.97
Total Current Assets	60.46	56.92	93.89	134.2	228.41	75.16
Property, Plant & Equipment	95.29	97.33	105.92	138.64	94.81	64.79
Goodwill	10.75	10.75	11.22	11.59	12.24	-
Other Intangible Assets	-	-	-	10.5	13.85	-
Other Long-Term Assets	6	6.22	38.95	7.03	11.52	2.97
Total Assets	172.5	171.23	249.97	301.95	360.83	142.91
Accounts Payable	13	8.33	3.83	7.8	13.34	9.39
Accrued Expenses	8.54	8.63	7.46	15.24	14.22	10.1
Current Portion of Long-Term Debt	3.86	3.86	3.84	3.88	7.77	3.27
Current Portion of Leases	4.61	4.35	4.61	6.41	3.93	3.64
Current Income Taxes Payable	2.79	2.61	2.57	4.33	5.73	4.59
Current Unearned Revenue	12.76	15.56	16.34	25.68	19.1	14.46
Other Current Liabilities	20.06	18.19	38.03	21.07	25.33	17.11
Total Current Liabilities	65.61	61.52	76.67	84.41	89.41	62.56
Long-Term Debt	17.18	18.15	22.01	25.79	27.56	31.19
Long-Term Leases	31.14	32.49	31.82	48.73	37	21.57
Other Long-Term Liabilities	2.49	2.76	15.55	3.02	1.12	1.92
Total Liabilities	116.42	114.92	146.05	161.95	155.09	117.25
Common Stock	0.01	0.01	0.01	0.01	0.01	0
Additional Paid-In Capital	617.15	612.15	585.16	551.85	522.16	29.99
Retained Earnings	-561.08	-555.86	-478.88	-407.63	-315.34	-252.17
Comprehensive Income & Other	-0	0	-2.38	-4.23	-1.09	-
Total Common Equity	56.08	56.3	103.92	140	205.73	-222.18
Shareholders' Equity	56.08	56.3	103.92	140	205.73	25.66
Total Liabilities & Equity	172.5	171.23	249.97	301.95	360.83	142.91
Total Debt	56.79	58.84	62.28	84.81	76.26	59.68
Net Cash (Debt)	-10.01	-14.66	0.16	20.12	129.57	4.81
Net Cash Growth	-	-	-99.19%	-84.47%	2594.92%	-92.97%
Net Cash Per Share	-0.09	-0.13	0.00	0.20	1.68	0.42
Filing Date Shares Outstanding	118.25	116.19	108.83	101.61	98.78	12.89
Total Common Shares Outstanding	117.78	116.13	108.78	101.53	98.44	12.89
Working Capital	-5.15	-4.6	17.22	49.78	139	12.6
Book Value Per Share	0.48	0.48	0.96	1.38	2.09	-17.24
Tangible Book Value	45.34	45.56	92.7	117.91	179.64	-222.18
Tangible Book Value Per Share	0.38	0.39	0.85	1.16	1.82	-17.24
Machinery	89.08	88.43	84.15	65.29	55.07	39.45
Construction In Progress	6.52	5.58	4.79	36.48	10.74	6.55
Leasehold Improvements	23.9	23.9	24.11	15.72	4.71	4.46

Updated May 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q