1stdibs.Com, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 28, 2024 at 07:10 am EST
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1stdibs.Com, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 20.92 million compared to USD 22.96 million a year ago. Net loss was USD 2.94 million compared to USD 6.86 million a year ago. Basic loss per share from continuing operations was USD 0.07 compared to USD 0.18 a year ago.
For the full year, sales was USD 84.68 million compared to USD 96.85 million a year ago. Net loss was USD 22.7 million compared to USD 22.54 million a year ago. Basic loss per share from continuing operations was USD 0.57 compared to USD 0.59 a year ago.
1stdibs.com, Inc. is an online marketplace for connecting design lovers with sellers and makers of vintage, antique and contemporary furniture, home decor, art, jewelry, watches and fashion. It provides its sellers access to a global community of buyers and a platform to facilitate e-commerce at scale. Its sellers use its platform to manage their inventory, build their digital marketing presence, and communicate and negotiate prices directly with buyers. It provides its buyers a purchase experience with its user-friendly interface. Its 1stDibs Promise provides a community of sellers from around the world; multiple payment options and a comprehensive fraud protection and prevention program; customer service support from dedicated specialists to answer questions, assist with orders, and stand ready to resolve any transaction or technical issues throughout the buying process; cancellations within 24 hours, and others. It has 6.3 million users and approximately 1.7 million listings.
1STDIBS.COM, INC. 
