Strong Revenue GrowthReported ~39% revenue growth reflects expanding demand for pre-owned luxury goods across stores and online. That growth supports higher inventory turnover, scale benefits in sourcing and merchandising, and durable top-line momentum that can persist over the next several months.
Specialized Recommerce ModelCore capabilities—expert appraisal, authentication and refurbishment—create a durable competitive edge in the recommerce luxury market. These functions protect margins, reduce counterfeit risk, and improve sell-through and pricing consistency over time.
Stable Gross And Net MarginsStable gross and net margins indicate effective pricing and cost management despite sourcing variability. Margin resilience supports sustained profitability as revenue scales, enabling reinvestment and cushioning short-term shocks to operations over the medium term.