Added to YB: 2024-11-20
Pitch date: 2024-11-19
DIBS [neutral]
1stdibs.Com, Inc.
+59.97%
current return
Author Info
Chop Wood, Carry Water is a tech manager and investor searching for value-based investments. Sign up for the newsletter.
Company Info
1stdibs.Com, Inc. operates an online marketplace for luxury design products worldwide. The company’s marketplace connects customers with sellers and makers of vintage, antique, contemporary furniture, home décor, jewelry, watches, art, and fashion products.
Market Cap
$181.6M
Pitch Price
$3.69
Price Target
N/A
Dividend
N/A
EV/EBITDA
-5.74
P/E
-10.02
EV/Sales
1.21
Sector
Broadline Retail
Category
N/A
$DIBS Quick Pitch
DIBS pass: Luxury e-commerce platform facing headwinds. Q3 '24: GMV -5%, AOV -11%, active buyers -1%. Rev +3% YoY to $21.2M, but adj EBITDA margin -14.1%. $109.4M liquid assets, but cash burn concerning. Cutting costs, focusing on profitability. Needs 50% price drop for compelling risk-return.
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