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Earnings Call Summary | 1stdibs.com(DIBS.US) Q1 2024 Earnings Conference

Earnings Call Summary | 1stdibs.com(DIBS.US) Q1 2024 Earnings Conference

業績電話會議摘要 | 1stdibs.com (DIBS.US) 2024 年第一季度業績發佈會
富途資訊 ·  05/11 23:56  · 電話會議

The following is a summary of the 1stdibs.Com, Inc. (DIBS) Q1 2024 Earnings Call Transcript:

以下是1stdibs.com公司(DIBS)2024年第一季度業績電話會議記錄的摘要:

Financial Performance:

財務業績:

  • 1stdibs.Com reported a Gross Merchandise Value (GMV) of $91.7 million for Q1 2024, indicating a 6% decline year-on-year but showing a 6% growth on a sequential basis.

  • The company achieved revenue of $22.1 million, experiencing a 1% fall from the previous year.

  • The company successfully enhanced its EBITDA margins, resulting in an adjusted EBITDA loss of $1.8 million, a significant improvement from a loss of $5.2 million the previous year.

  • On a positive note, the company's active buyers stabilized and their take rates on revenue increased sequentially.

  • 1stdibs.com報告稱,2024年第一季度的商品總價值(GMV)爲9,170萬美元,同比下降6%,但連續增長6%。

  • 該公司的收入爲2,210萬美元,比上年下降了1%。

  • 該公司成功提高了息稅折舊攤銷前利潤率,調整後的息稅折舊攤銷前利潤虧損爲180萬美元,較去年的520萬美元虧損有了顯著改善。

  • 從積極的方面來看,該公司的活躍買家趨於穩定,他們的收入接受率環比上升。

Business Progress:

業務進展:

  • 1stdibs.Com successfully released a series of new features which have contributed to seven consecutive quarters of conversion rate improvements.

  • The company continues its strategy of streamlining operations and prioritizing high-return opportunities, this has manifested in a rise in their listings to over 1.7 billion, up 9%.

  • Their strategy for 2024 encompasses plans for growth while maintaining a lean cost structure. They aim to achieve this by focusing their initiatives on a personalized and frictionless buying experience, competitive inventory, and pricing and scalability.

  • The company has over 7,600 unique sellers, up 6% year-over-year and has plans to expand their A/B testing program and maintain their product velocity.

  • Their forecast for Q2 2024 highlights expectations of further conversion gains, a return to order growth, and a projected growth in revenue.

  • 1stdibs.com成功發佈了一系列新功能,這些新功能促成了連續七個季度的轉化率提高。

  • 該公司繼續執行精簡運營和優先考慮高回報機會的戰略,這體現在他們的上市人數增加到17億以上,增長了9%。

  • 他們2024年的戰略包括增長計劃,同時保持精益的成本結構。他們的目標是通過將計劃重點放在個性化和無摩擦的購買體驗、有競爭力的庫存以及定價和可擴展性上來實現這一目標。

  • 該公司擁有超過7,600名獨立賣家,同比增長6%,並計劃擴大其A/B測試計劃並保持其產品速度。

  • 他們對2024年第二季度的預測凸顯了對進一步提高轉化率、恢復訂單增長以及預計收入增長的預期。

More details: 1stdibs.com IR

更多詳情: 1stdibs.com 紅外線

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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譯文內容由第三人軟體翻譯。


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