Revolve financial
Author: h | 2025-04-23
Revolve Financial. 4 likes. Finance Broking A revolving loan facility, also called a revolving credit facility or simply revolver, is a form of credit issued by a financial institution that provides the borrower with the ability to draw
Revolve financial definition of revolve - Financial Dictionary
Revolve Group Announces Fourth Quarter and Full Year 2022 Financial Results February 23, 2023 , /PRNewswire/ -- Revolve Group, Inc. (NYSE: RVLV), the next-generation fashion retailer for Millennial and Generation Z consumers, today announced financial results for the fourth quarter and full year ended December 31, 2022. "2022 was the 19th full year since Mike and I founded REVOLVE, and I'm proud of our financial performance and the accomplishments our team delivered in such a dynamic operating environment," said co-founder and co-CEO Michael Mente. "Our net sales for the year increased 24% to $1.1 billion, we delivered record growth in active customers, and we generated significant profitably and cash flow that further strengthened our balance sheet." "While the macroenvironment has become more challenging in recent quarters, we have moved quickly and made progress in balancing our inventory investments while continuing to deliver profitable growth that truly stands out within our sector," said Mike Karanikolas, co-founder and co-CEO. "We are more excited than ever about the opportunity that lies ahead. With our technology and data-driven culture, financial discipline, operational excellence and innovative team, we believe we are well positioned to continue to take market share." Fourth Quarter 2022 Financial Summary Three Months Ended December 31, 2022 2021 YoY Change (in thousands, except percentages) Net sales $ 259,153 $ 239,805 8 % Gross profit $ 133,288 $ 131,464 1 % Gross margin 51.4 % 54.8 % Net income $ 7,868 $ 29,382 (73 %) Adjusted EBITDA (non-GAAP financial measure) $ 14,137 $
Financials: Transparent Reporting for Investors - Revolve
Unlock stock picks and a broker-level newsfeed that powers Wall Street. In This Article: Revolve Renewable Power Corp. (TSXV:REVV)(OTCQB:REVVF) ("Revolve" or the "Company"), a North American owner, operator and developer of renewable energy projects, is pleased to announce an expansion of the Company's Account Performance Security Guarantee ("APSG") facility with Export Development Canada ("EDC"). The expanded APSG with EDC has increased from US$2,900,000 to US$4,500,000. The increased APSG facility, which closed on January 21, 2025, is being provided in support of an interconnection financial security letter of credit for the 20MW/80MWh Vernal Battery Energy Storage System ("BESS") in the United States in the amount of US$1,810,000. The APSG allows Revolve to issue letters of credit with the Company's financial institution without putting up cash collateral, providing the Company with better access to cash and working capital. "The expansion of this EDC facility is another great example of the progress Revolve is making as we accelerate our project development initiatives," said CEO Myke Clark. "These structures contribute to a stronger corporate financial structure by freeing up working capital that can be utilized for expansion and growth. We are proud to be working with EDC to increase opportunities for export growth and believe the potential for continued growth in the renewable energy sector is significant." On April 22, 2024, the Company announced that it had completed the interconnection process for the 20MW/80MWh Vernal Battery Storage Project and has signed an interconnection agreement with PacifiCorp. Completion of this milestone paves the way for the Project to complete the remaining permitting works with a target of being "ready to build" in late 2025. The EDC APSG is being utilized for the interconnection bond on the project. For further information contact: Myke Clark, [email protected] About RevolveRevolve was formed in 2012 to capitalize on the growing global demand for renewable power. Revolve develops utility-scale wind, solar, hydro and battery storage projects in the US, Canada and Mexico. The Company has a second division, Revolve Renewable Business Solutions which installs and operates sub 20MW "behind the meter" distributed generation (or "DG") assets. Revolve's portfolio includes the following: Operating Assets: 12.78 MW (net) of operating assets under long term power purchase agreements across Canada and Mexico covering wind, solar, battery storage and hydro generation; Development: a diverse portfolio of utility scale development projects across the US, Canada and Mexico with a combined capacity of over 3,000MWs as wellMindful Affirmations Financial Abundance - REVOLVE
Each item that was included in the order. You can trace your return using that tracking number on UPS.com. DOMESTIC Returns take us 2-3 business days to process upon reaching our facility. Once your return is processed and your refund is issued, you will receive a refund confirmation email. Refunds can take several business days to reflect on your credit card account. This varies depending on your financial institution. BEAUTY PRODUCTS We will accept back beauty products within 30 days provided that they are unused and unopened. SHIPPING CHARGES Shipping charges on expedited orders are not refundable. BRIDAL GOWNS All bridal gowns may be returned within 30 days for a full refund or store credit. We cannot accept returns on any bridal gowns after 30 days. Bridal gowns must be unworn and unaltered, and all original tags must be attached. BRIDESMAID DRESSES Special orders of 3 or more dresses in one style will be final sale. If you are interested in a particular style, we encourage you to order an in-stock size in the style, if available, before special ordering. HOLIDAY RETURNS During the Holiday season (Nov. 1st - Dec 25th), we will accept your return after 30 days so long as it is received by January 10th. RETURNS SENT IN ERRORIn the event that you have mistakenly returned an item to Revolve that was not purchased from Revolve, please contact Customer Service by phone (562-926-5672) or via email ([email protected]) as soon as possible. While we will attempt to assist you with locating and recovering the non-Revolve item, Revolve can not be held responsible for replacing, returning or otherwise compensating you for any non-Revolve items that you may have accidentally sent to Revolve. If you receive an item that is damaged, please contact customer service immediately. With the exception of anything that is tagged as “Pre-Owned,” REVOLVE only carries merchandise that is authentic, first-run, and purchased directly from the designer. Please be aware that even such products are not entirely free of workmanship errors, including occasional missing threads and similar defects. Products subject to distressing as part of the styling are also subject to increased chance of defect and do tend to wear out faster than normal. Many products, particularly those with distressed styling, do wear out or develop holes with regular wear-and-tear over time. REVOLVE warranties all products to be free of such problems for the first 90 days from the time of purchase, and will replace or refund your purchase in the event such a problem occurs. After 90 days, we will attempt to assist with repairs, including providing replacement hardware such as lost buttons or broken snaps to the extent these items or repair services are available. Revolve Financial. 4 likes. Finance BrokingRevolve Announces Financial Partnership with Export
Revolve Group Announces Third Quarter 2021 Financial Results November 3, 2021 LOS ANGELES--(BUSINESS WIRE)--Revolve Group, Inc. (NYSE: RVLV), the next-generation fashion retailer for Millennial and Generation Z consumers, today announced financial results for the third quarter ended September 30, 2021.“We delivered record quarterly net sales in the third quarter of 2021, highlighted by growth of 62% over the prior year and 58% over the third quarter of 2019, a meaningful acceleration from the 41% growth reported for the second quarter of 2021 over the second quarter of 2019,” said co-founder and co-CEO Mike Karanikolas. “I’m also excited to see the clear signs of increased customer engagement in the third quarter, including record quarterly growth in Active Customers.””Our third quarter results reinforce our conviction that our competitive strengths will enable us to continue to thrive as we transition to a post-pandemic world,” said co-founder and co-CEO Michael Mente. “Our current momentum and the strength of our brands is broad based across both REVOLVE and FWRD. We are particularly excited by our recent announcement that Kendall Jenner is serving as FWRD’s Creative Director. Kendall brings incredible creativity and passion to the role that we believe will extend our reach and appeal to a broader audience of next generation luxury consumers than ever before.” Third Quarter 2021 Financial Summary Three Months Ended September 30, 2021 2020 YoY Change 2019 (1) (in thousands) Net sales $ 244,064 $ 151,036 62% $ 154,197 Gross profit $ 134,476 $ 83,467 61% $ 82,678 Gross margin 55.1 % 55.3 % 53.6 % Net income $ 16,668 $ 19,438 (14%) $ 9,559 Adjusted EBITDA (non-GAAP financial measure) $ 21,666 $ 24,025 (10%) $ 14,438 Net cash provided by operating activities $ 1,855 $ 14,340 (87%) $ 9,150 Free cash flow (non-GAAP financial measure) $ 1,340 $ 13,877 (90%)Revolve Financial (@revolve_financial) Instagram photos and
179,740 146,263 Total $ 259,153 $ 239,805 $ 1,101,416 $ 891,390 Gross profit REVOLVE $ 116,445 $ 113,309 $ 514,585 $ 420,151 FWRD 16,843 18,155 77,738 69,672 Total $ 133,288 $ 131,464 $ 592,323 $ 489,823 The following table lists net sales by geographic area (in thousands): Three Months Ended December 31, Year Ended December 31, 2022 2021 2022 2021 United States $ 217,989 $ 199,121 $ 914,364 $ 726,292 Rest of the world 41,164 40,684 187,052 165,098 Total $ 259,153 $ 239,805 $ 1,101,416 $ 891,390 REVOLVE GROUP, INC. AND SUBSIDIARIES KEY OPERATING AND FINANCIAL METRICS (Unaudited) Three Months Ended December 31, Year Ended December 31, 2022 2021 2022 2021 (in thousands, except average order value and percentages) Gross margin 51.4 % 54.8 % 53.8 % 55.0 % Adjusted EBITDA $ 14,137 $ 34,176 $ 90,234 $ 114,585 Free cash flow $ (12,278) $ (6,525) $ 18,269 $ 60,118 Active customers 2,340 1,840 2,340 1,840 Total orders placed 1,954 1,755 8,304 6,636 Average order value $ 306 $ 292 $ 304 $ 271 REVOLVE GROUP, INC. AND SUBSIDIARIES RECONCILIATION OF NON-GAAP FINANCIAL MEASURES (Unaudited) A reconciliation of non-GAAP Adjusted EBITDA to net income for the three months and year ended December 31, 2022 and 2021 is as follows: Three Months Ended December 31, Year Ended December 31, 2022 2021 2022 2021 (in thousands) Net income $ 7,868 $ 29,382 $ 58,697 $ 99,840 Excluding: Other expense (income), net 293 224 (3,476) 563 Provision for income taxes 2,498 2,330 17,919Revolver (2025) - Financial Information - The Numbers
204,207 $ 130,572 $ 545,155 $ 381,965 FWRD 39,857 20,464 106,430 57,930 Total $ 244,064 $ 151,036 $ 651,585 $ 439,895 Gross profit REVOLVE $ 115,098 $ 74,687 $ 306,842 $ 203,300 FWRD 19,378 8,780 51,517 23,188 Total $ 134,476 $ 83,467 $ 358,359 $ 226,488 The following table lists net sales by geographic area (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 United States $ 198,506 $ 120,459 $ 527,171 $ 357,059 Rest of the world 45,558 30,577 124,414 82,836 Total $ 244,064 $ 151,036 $ 651,585 $ 439,895 REVOLVE GROUP, INC. AND SUBSIDIARIESKEY OPERATING AND FINANCIAL METRICS(Unaudited) Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 (in thousands, except average order value and percentages) Gross margin 55.1 % 55.3 % 55.0 % 51.5 % Adjusted EBITDA $ 21,666 $ 24,025 $ 80,409 $ 50,511 Free cash flow $ 1,340 $ 13,877 $ 66,643 $ 74,383 Active customers 1,678 1,504 1,678 1,504 Total orders placed 1,830 1,141 4,881 3,476 Average order value $ 276 $ 232 $ 263 $ 232 REVOLVE GROUP, INC. AND SUBSIDIARIESRECONCILIATION OF NON-GAAP FINANCIAL MEASURES(Unaudited)A reconciliation of non-GAAP adjusted EBITDA to net income for the three and nine months ended September 30, 2021, 2020 and 2019 is as follows: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2019 2021 2020 2019 (in thousands) Net income $ 16,668 $ 19,438 $ 9,559 $ 70,458 $ 37,830 $ 27,262 Excluding: Other (income) expense, net (158 ) 253 (7 ) 339 300 653 Provision for income taxes 2,701 2,104 3,281 2,558 6,323 9,547 Depreciation and amortization 1,119 1,250 1,132 3,390 3,646 2,716 Equity-based compensation 1,336 980 513 3,664 2,412 1,545 Non-routine items(1) — — (40 ) — — 232 Adjusted EBITDAREVOLVE - Revolve Group, Inc. to Announce First Quarter 2025 Financial
Moseley Chief Executive Officer of Owned Brands -- -- 1982 Mr. Ray Lingao Chief Planning Officer -- -- 1979 Ms. Lauren Yerkes Chief Merchandising Officer -- -- -- Ms. Divya Mathur Chief Merchandising Officer & Fashion Director -- -- -- Revolve Group, Inc. operates as an online fashion retailer for millennial and generation z consumers in the United States and internationally. The company operates in two segments, REVOLVE and FWRD. It operates a platform that connects consumers and global fashion influencers, as well as emerging, established, and owned brands. The company offers apparel, footwear, beauty, accessories, and home products from emerging, established, and owned brands, as well as luxury brands through its websites and mobile apps. The company was formerly known as Advance Holdings, LLC and changed its name to Revolve Group, Inc. in October 2018. Revolve Group, Inc. was founded in 2003 and is headquartered in Cerritos, California. Revolve Group, Inc.’s ISS Governance QualityScore as of March 1, 2025 is 9. The pillar scores are Audit: 7; Board: 8; Shareholder Rights: 10; Compensation: 6. Corporate governance scores courtesy of Institutional Shareholder Services (ISS) Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk. May 5, 2025 at 10:59 AM UTC - May 9, 2025 at 12:00 PM UTC Revolve Group, Inc. Earnings Date February 25, 2025 at 12:00 AM UTC 10-K: Periodic Financial Reports December 10, 2024 at 4:20 PM UTC at Raymond James. Revolve Financial. 4 likes. Finance Broking
REVOLVE - Revolve Group, Inc. to Announce Third Quarter 2025 Financial
Gross margin referenced above, an increase in operating expenses that outpaced sales growth year-over-year and the meaningful differences in our effective tax rate. Adjusted EBITDA was $14.1 million, a year-over-year decrease of 59%. Diluted earnings per share (EPS) was $0.11, a year-over-year decrease of 72%. Additional Fourth Quarter 2022 Net Sales Commentary REVOLVE segment net sales were $217.1 million, a year-over-year increase of 9%. FWRD segment net sales were $42.0 million, a year-over-year increase of 5%. Domestic net sales increased 9% year-over-year and international net sales increased 1% year-over-year. Results Since the End of Fourth Quarter 2022 During the first seven weeks of the first quarter of 2023 ending on March 31, 2023 (January 1, 2023 to February 18, 2023), net sales increased by a mid-single digit percentage year-over-year during the period. Additional trend information regarding Revolve Group's fourth quarter and full year 2022 financial results and operating metrics is available in the Q4 and FY 2022 Financial Highlights presentation available on the company's investor relations website at Full Year 2022 Financial Summary Year Ended December 31, 2022 2021 YoY Change (in thousands, except percentages) Net sales $ 1,101,416 $ 891,390 24 % Gross profit $ 592,323 $ 489,823 21 % Gross margin 53.8 % 55.0 % Net income $ 58,697 $ 99,840 (41 %) Adjusted EBITDA (non-GAAP financial measure) $ 90,234 $ 114,585 (21 %) Net cash provided by operating activities $ 23,436 $ 62,313 (62 %) Free cash flow (non-GAAP financial measure) $ 18,269 $ 60,118 (70 %)REVOLVE - Revolve Group, Inc. to Announce Second Quarter 2025 Financial
Unlock stock picks and a broker-level newsfeed that powers Wall Street. In This Article: Revolve Group (NYSE:RVLV) has had a rough three months with its share price down 23%. But if you pay close attention, you might find that its key financial indicators look quite decent, which could mean that the stock could potentially rise in the long-term given how markets usually reward more resilient long-term fundamentals. Specifically, we decided to study Revolve Group's ROE in this article. Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. Simply put, it is used to assess the profitability of a company in relation to its equity capital. Check out our latest analysis for Revolve Group The formula for ROE is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Revolve Group is: 9.6% = US$40m ÷ US$421m (Based on the trailing twelve months to September 2024). The 'return' is the income the business earned over the last year. That means that for every $1 worth of shareholders' equity, the company generated $0.10 in profit. We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don’t share these attributes. At first glance, Revolve Group's ROE doesn't look very promising. Next, when compared to the average industry ROE of 20%, the company's ROE leaves us feeling even less enthusiastic. Although, we can see that Revolve Group saw a modest net income growth of 6.4% over the past five years. We reckon that there could be other factors at play here. Such as - high earnings retention or an efficient management in place. Next, on comparing with the industry net income growth, we found that Revolve Group's reported growth was lower than the industry growth of 16% over the last few years, which is not something we like to see. NYSE:RVLV Past Earnings Growth February 25th 2025 Earnings growth is a huge factor in stock valuation. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. Doing so will help them establish if the stock's future looks promising or ominous. If you're wondering about Revolve Group's's valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry.. Revolve Financial. 4 likes. Finance BrokingRevolve Expands Financial Partnership with Export Development
The Revolve Finance mobile banking app is a pocket-sized solution for your on-the-go bank account. Track spending, view your account balance, cash checks†, pay bills, and transfer money to a friend‡ – all around your busy schedule.Revolve Finance is a financial technology company, not a bank. Banking services provided by Republic Bank of Chicago, Member FDIC.GET PAID EARLY WITH DIRECT DEPOSIT§You’re running at top speed. Why wait for the money you’ve earned? With direct deposit, you can get your paycheck up to 2 days early§.OVERDRAFT PROTECTION∥You deserve a little wiggle room on those days when you may be running low. With optional Overdraft Protection, your account may be covered from those unexpected spending halts. ON-DEMAND ACCOUNT ALERTS¶Customize account alerts around what matters most to you. We’ll let you know when your balance changes, a payment clears or your friend receives that transfer. CARD-TO-CARD MONEY TRANSFER‡Pitch in for your share of the bill in a snap! It’s quick and easy to transfer money to any other Revolve Finance accountholder. This is a third party service subject to third party service terms and conditions.BILL PAY IN A SNAPTired of entering your card number for bill payments every month? Pay a bill one time, or set it and forget it for recurring bill payments.TIP CALCULATIONSSave some brain power and let us do those quick calculations for you. Swipe your Revolve Finance Visa® Debit Card to pay for your meal and get tip notifications of 10%, 15%, & 20% of your total bill viaComments
Revolve Group Announces Fourth Quarter and Full Year 2022 Financial Results February 23, 2023 , /PRNewswire/ -- Revolve Group, Inc. (NYSE: RVLV), the next-generation fashion retailer for Millennial and Generation Z consumers, today announced financial results for the fourth quarter and full year ended December 31, 2022. "2022 was the 19th full year since Mike and I founded REVOLVE, and I'm proud of our financial performance and the accomplishments our team delivered in such a dynamic operating environment," said co-founder and co-CEO Michael Mente. "Our net sales for the year increased 24% to $1.1 billion, we delivered record growth in active customers, and we generated significant profitably and cash flow that further strengthened our balance sheet." "While the macroenvironment has become more challenging in recent quarters, we have moved quickly and made progress in balancing our inventory investments while continuing to deliver profitable growth that truly stands out within our sector," said Mike Karanikolas, co-founder and co-CEO. "We are more excited than ever about the opportunity that lies ahead. With our technology and data-driven culture, financial discipline, operational excellence and innovative team, we believe we are well positioned to continue to take market share." Fourth Quarter 2022 Financial Summary Three Months Ended December 31, 2022 2021 YoY Change (in thousands, except percentages) Net sales $ 259,153 $ 239,805 8 % Gross profit $ 133,288 $ 131,464 1 % Gross margin 51.4 % 54.8 % Net income $ 7,868 $ 29,382 (73 %) Adjusted EBITDA (non-GAAP financial measure) $ 14,137 $
2025-04-17Unlock stock picks and a broker-level newsfeed that powers Wall Street. In This Article: Revolve Renewable Power Corp. (TSXV:REVV)(OTCQB:REVVF) ("Revolve" or the "Company"), a North American owner, operator and developer of renewable energy projects, is pleased to announce an expansion of the Company's Account Performance Security Guarantee ("APSG") facility with Export Development Canada ("EDC"). The expanded APSG with EDC has increased from US$2,900,000 to US$4,500,000. The increased APSG facility, which closed on January 21, 2025, is being provided in support of an interconnection financial security letter of credit for the 20MW/80MWh Vernal Battery Energy Storage System ("BESS") in the United States in the amount of US$1,810,000. The APSG allows Revolve to issue letters of credit with the Company's financial institution without putting up cash collateral, providing the Company with better access to cash and working capital. "The expansion of this EDC facility is another great example of the progress Revolve is making as we accelerate our project development initiatives," said CEO Myke Clark. "These structures contribute to a stronger corporate financial structure by freeing up working capital that can be utilized for expansion and growth. We are proud to be working with EDC to increase opportunities for export growth and believe the potential for continued growth in the renewable energy sector is significant." On April 22, 2024, the Company announced that it had completed the interconnection process for the 20MW/80MWh Vernal Battery Storage Project and has signed an interconnection agreement with PacifiCorp. Completion of this milestone paves the way for the Project to complete the remaining permitting works with a target of being "ready to build" in late 2025. The EDC APSG is being utilized for the interconnection bond on the project. For further information contact: Myke Clark, [email protected] About RevolveRevolve was formed in 2012 to capitalize on the growing global demand for renewable power. Revolve develops utility-scale wind, solar, hydro and battery storage projects in the US, Canada and Mexico. The Company has a second division, Revolve Renewable Business Solutions which installs and operates sub 20MW "behind the meter" distributed generation (or "DG") assets. Revolve's portfolio includes the following: Operating Assets: 12.78 MW (net) of operating assets under long term power purchase agreements across Canada and Mexico covering wind, solar, battery storage and hydro generation; Development: a diverse portfolio of utility scale development projects across the US, Canada and Mexico with a combined capacity of over 3,000MWs as well
2025-04-10Revolve Group Announces Third Quarter 2021 Financial Results November 3, 2021 LOS ANGELES--(BUSINESS WIRE)--Revolve Group, Inc. (NYSE: RVLV), the next-generation fashion retailer for Millennial and Generation Z consumers, today announced financial results for the third quarter ended September 30, 2021.“We delivered record quarterly net sales in the third quarter of 2021, highlighted by growth of 62% over the prior year and 58% over the third quarter of 2019, a meaningful acceleration from the 41% growth reported for the second quarter of 2021 over the second quarter of 2019,” said co-founder and co-CEO Mike Karanikolas. “I’m also excited to see the clear signs of increased customer engagement in the third quarter, including record quarterly growth in Active Customers.””Our third quarter results reinforce our conviction that our competitive strengths will enable us to continue to thrive as we transition to a post-pandemic world,” said co-founder and co-CEO Michael Mente. “Our current momentum and the strength of our brands is broad based across both REVOLVE and FWRD. We are particularly excited by our recent announcement that Kendall Jenner is serving as FWRD’s Creative Director. Kendall brings incredible creativity and passion to the role that we believe will extend our reach and appeal to a broader audience of next generation luxury consumers than ever before.” Third Quarter 2021 Financial Summary Three Months Ended September 30, 2021 2020 YoY Change 2019 (1) (in thousands) Net sales $ 244,064 $ 151,036 62% $ 154,197 Gross profit $ 134,476 $ 83,467 61% $ 82,678 Gross margin 55.1 % 55.3 % 53.6 % Net income $ 16,668 $ 19,438 (14%) $ 9,559 Adjusted EBITDA (non-GAAP financial measure) $ 21,666 $ 24,025 (10%) $ 14,438 Net cash provided by operating activities $ 1,855 $ 14,340 (87%) $ 9,150 Free cash flow (non-GAAP financial measure) $ 1,340 $ 13,877 (90%)
2025-03-28179,740 146,263 Total $ 259,153 $ 239,805 $ 1,101,416 $ 891,390 Gross profit REVOLVE $ 116,445 $ 113,309 $ 514,585 $ 420,151 FWRD 16,843 18,155 77,738 69,672 Total $ 133,288 $ 131,464 $ 592,323 $ 489,823 The following table lists net sales by geographic area (in thousands): Three Months Ended December 31, Year Ended December 31, 2022 2021 2022 2021 United States $ 217,989 $ 199,121 $ 914,364 $ 726,292 Rest of the world 41,164 40,684 187,052 165,098 Total $ 259,153 $ 239,805 $ 1,101,416 $ 891,390 REVOLVE GROUP, INC. AND SUBSIDIARIES KEY OPERATING AND FINANCIAL METRICS (Unaudited) Three Months Ended December 31, Year Ended December 31, 2022 2021 2022 2021 (in thousands, except average order value and percentages) Gross margin 51.4 % 54.8 % 53.8 % 55.0 % Adjusted EBITDA $ 14,137 $ 34,176 $ 90,234 $ 114,585 Free cash flow $ (12,278) $ (6,525) $ 18,269 $ 60,118 Active customers 2,340 1,840 2,340 1,840 Total orders placed 1,954 1,755 8,304 6,636 Average order value $ 306 $ 292 $ 304 $ 271 REVOLVE GROUP, INC. AND SUBSIDIARIES RECONCILIATION OF NON-GAAP FINANCIAL MEASURES (Unaudited) A reconciliation of non-GAAP Adjusted EBITDA to net income for the three months and year ended December 31, 2022 and 2021 is as follows: Three Months Ended December 31, Year Ended December 31, 2022 2021 2022 2021 (in thousands) Net income $ 7,868 $ 29,382 $ 58,697 $ 99,840 Excluding: Other expense (income), net 293 224 (3,476) 563 Provision for income taxes 2,498 2,330 17,919
2025-04-15Moseley Chief Executive Officer of Owned Brands -- -- 1982 Mr. Ray Lingao Chief Planning Officer -- -- 1979 Ms. Lauren Yerkes Chief Merchandising Officer -- -- -- Ms. Divya Mathur Chief Merchandising Officer & Fashion Director -- -- -- Revolve Group, Inc. operates as an online fashion retailer for millennial and generation z consumers in the United States and internationally. The company operates in two segments, REVOLVE and FWRD. It operates a platform that connects consumers and global fashion influencers, as well as emerging, established, and owned brands. The company offers apparel, footwear, beauty, accessories, and home products from emerging, established, and owned brands, as well as luxury brands through its websites and mobile apps. The company was formerly known as Advance Holdings, LLC and changed its name to Revolve Group, Inc. in October 2018. Revolve Group, Inc. was founded in 2003 and is headquartered in Cerritos, California. Revolve Group, Inc.’s ISS Governance QualityScore as of March 1, 2025 is 9. The pillar scores are Audit: 7; Board: 8; Shareholder Rights: 10; Compensation: 6. Corporate governance scores courtesy of Institutional Shareholder Services (ISS) Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk. May 5, 2025 at 10:59 AM UTC - May 9, 2025 at 12:00 PM UTC Revolve Group, Inc. Earnings Date February 25, 2025 at 12:00 AM UTC 10-K: Periodic Financial Reports December 10, 2024 at 4:20 PM UTC at Raymond James
2025-04-12