The RealReal, Inc. Announces Unaudited Earnings Results for the Three Months and Full Year Ended December 31, 2020
February 22, 2021 at 04:05 pm EST
Share
The RealReal, Inc. announced unaudited earnings results for the three months and full year ended December 31, 2020. For the period, the company reported total revenue of $84,585,000 against $93,731,000 a year ago. Loss from operations was $50,597,000 against $22,862,000 a year ago. Net loss was $53,026,000 against $21,374,000 a year ago. basic and diluted net loss attributable to common stockholders was $0.60 against $0.25 a year ago.
For the year, the company reported total revenue of $298,266,000 against $318,037,000 a year ago. Loss from operations was $174,499,000 against $98,422,000 a year ago. Net loss was $177,515,000 against $96,746,000 a year ago. basic and diluted net loss attributable to common stockholders was $2.03 against $2.11 a year ago.
The RealReal, Inc. provides an online marketplace for authenticated, consigned luxury goods. The Company provides a platform for consumers to buy and sell their luxury items. The Company offers products across multiple categories, including women's fashion, men's fashion, jewelry and watches. The luxury designers on its online marketplace include Cartier, Chanel, Christian Louboutin, Gucci, Hermes, Louis Vuitton, Prada, Rolex, Tiffany & Co., and Valentino. The Company operates a retail store, including its larger footprint stores in Los Angeles, California, and New York. In addition, it operates retail stores, including its smaller footprint neighborhood retail stores, or neighborhood Stores.
THE REALREAL, INC. 
