Debt ManagementOver the past 12+ months, REAL has worked to strengthen its balance sheet position through a series of debt exchanges that have reduced total debt by $54M, pushed out maturity risk to 2028 and beyond, and smoothed out its maturity cycle.
ProfitabilityREAL expects the positive momentum from 4Q to carry through to FY25, guiding FY revenues growth driven by GMV growth.
Revenue GrowthREAL has returned to +DD top-line growth for the first time in over two years, with compelling implied margin flow-through and material incremental margins on the revamped business model.