Strong Revenue Growth
The RealReal reported a 14% revenue growth in Q4 and 9% for the full year.
Positive Adjusted EBITDA and Free Cash Flow
For the first time, The RealReal delivered a full year of profitable adjusted EBITDA and positive free cash flow, with a $104 million improvement versus last year.
Increase in Gross Margin
Gross margin increased by 600 basis points year-over-year, highlighting operational efficiencies.
Growth in GMV and Active Buyers
GMV reached $1.83 billion, a 6% increase year-over-year, and active buyers on a trailing 12-month basis increased by 5%.
Sales Team Efficiency
The value generated per sales rep in 2024 increased by approximately 15% compared to the prior year.
Successful Store Openings
The RealReal opened two new stores in Miami and Houston, with nearly 25% of new consignors acquired through retail locations.