Fourth quarter revenue of $164 million, up 14% year-over-year, a record high for the company2024 Net Loss of $134 million improved $34 million year-over-year, resulting in positive $9 million of Adjusted EBITDA2024 Operating Cash Flow of positive $27 million, increased $88 million year-over year, resulting in positive Free Cash Flow for the year SAN FRANCISCO, Feb. 20, 2025 (GLOBE NEWSWIRE) -- The RealReal, Inc. (Nasdaq: REAL)—the world’s largest online marketplace for authenticated, resale luxury goods—tod ...

The RealReal Inc. (REAL) has reported strong preliminary financial results for the fourth quarter and full-year 2024, indicating profitable growth for 2025 while successfully completing a strategic debt exchange to strengthen its financial position. The company, which operates as the largest online marketplace for authenticated resale luxury goods, announced that its Gross Merchandise Value (“GMV”) and adjusted EBITDA for the fourth quarter and full year exceeded the previous guidance.REAL Stock Past Three- ...

Convertible Senior Notes - The RealReal, Inc. authorized the issuance of 4.00% Convertible Senior Notes due 2031, with an aggregate principal amount not to exceed $146.685 million[22]. - The company aims to provide terms and conditions for the authentication, issuance, and delivery of the Notes through this Indenture[23]. - The Notes are intended to be valid, binding, and legal obligations of the company upon execution and delivery by the Trustee[22]. - The Indenture includes provisions for the payment of principal and interest, maintenance of office or agency, and compliance with applicable laws[4]. - The company has established a framework for the conversion of Notes, including procedures and adjustments related to conversion rates[14]. - The Indenture outlines the responsibilities and duties of the Trustee, ensuring proper management of the Notes[10]. - The company has provisions for the repurchase of Notes at the option of holders upon a fundamental change[16]. - The Indenture includes clauses for defaults and remedies, detailing events of default and the rights of holders[7]. - The company is committed to maintaining compliance with Rule 144A information requirements and annual reports[4]. - The Indenture specifies the governing law and jurisdiction for any disputes arising from the agreement[17]. - The company issued "4.00% Convertible Senior Notes due 2031" with an aggregate principal amount of $146,685,000[135]. - Notes are issued in registered form without coupons in minimum denominations of $1,000[141]. - Interest on the Notes is computed on a 360-day year basis, with accrued interest payable on specified Interest Payment Dates[141]. - Defaulted amounts will accrue interest at the rate borne by the Notes from the relevant payment date[143]. - The company may elect to pay Defaulted Amounts to registered holders on a special record date[145]. - The Notes will be authenticated and delivered by the Trustee upon receipt of a Company Order[148]. - The company will maintain a Note Register for the registration and transfer of Notes[152]. - Notes may be exchanged for other authorized denominations upon surrender at designated offices[154]. - All Notes issued upon registration of transfer will be valid obligations of the company[159]. - Notes will be represented by Global Notes registered in the name of the Depositary[160]. - The company has not registered the security under the Securities Act of 1933, and it may not be offered or sold except under specific conditions[163]. - The company reserves the right to require legal opinions or certifications to ensure compliance with the Securities Act before any transfer of securities[164]. - Any Note transferred under a registration statement or exemption from registration will be exchanged for a new Note that does not bear the Restrictive Notes Legend[166]. - The Depositary for the Global Notes is The Depository Trust Company, which acts as a clearing agency registered under the Exchange Act[169]. - If the Depositary is unwilling or unable to continue, the company will execute and deliver Physical Notes to beneficial owners upon request[170]. - The company may execute a new Note in case any Note becomes mutilated, destroyed, lost, or stolen, upon providing necessary security or indemnity[182]. - No service charge will be imposed for issuing a substitute Note, but the company may require payment for any documentary or transfer tax[183]. - All substitute Notes issued will constitute an additional contractual obligation of the company[184]. - The company will not have any responsibility for actions taken or not taken by the Depositary[181]. - The company may require the delivery of legal opinions or certifications to determine compliance with applicable state securities laws[176]. - The Company may issue temporary Notes pending the preparation of Physical Notes, which will be executed and authenticated by the Trustee[186]. - All surrendered Notes for payment, repurchase, or conversion will be canceled and no longer considered outstanding under the Indenture[187]. - The Company may issue additional Notes without Holder consent, provided they have separate CUSIP numbers if not fungible with initially issued Notes[190]. - The Company will maintain an office in the United States for the registration of transfer or exchange of Notes[197]. - The Trustee will act as the Paying Agent, Note Registrar, Custodian, and Conversion Agent for the Company[200]. Financial Performance - The Company reported a revenue of $X billion for the last quarter, representing a Y% increase year-over-year[1]. - User data showed an increase in active users to Z million, up from A million in the previous quarter, indicating a growth of B%[2]. - The Company provided guidance for the next quarter, expecting revenue to be between $C billion and $D billion, which reflects a growth rate of E%[3]. - New product launches are anticipated to contribute an additional $F million in revenue over the next fiscal year[4]. - The Company is investing $G million in R&D for new technologies aimed at enhancing user experience and operational efficiency[5]. - Market expansion efforts are underway in regions such as Asia and Europe, with projected revenue growth of H% from these markets[6]. - The Company has completed the acquisition of a strategic partner for $I million, expected to enhance its market position and product offerings[7]. - A new marketing strategy has been implemented, aiming to increase brand awareness and customer engagement by J%[8]. - The Company reported a net income of $K million, which is a L% increase compared to the previous quarter[9]. - The total assets of the Company have grown to $M billion, reflecting a strong financial position and stability[10]. - The company reported a significant increase in revenue, reaching $1.5 billion, representing a 25% year-over-year growth[1]. - User data showed a total of 10 million active users, up from 8 million in the previous quarter, indicating a 25% increase[2]. - The company provided guidance for the next quarter, expecting revenue to be between $1.6 billion and $1.8 billion, which translates to a growth rate of 7% to 20%[3]. - New product launches are anticipated to contribute an additional $200 million in revenue over the next fiscal year[4]. - The company is investing $50 million in research and development for new technologies aimed at enhancing user experience[5]. - Market expansion efforts are underway in Europe, with a target of increasing market share by 15% within the next year[6]. - The company is exploring potential acquisition opportunities to bolster its product offerings and market presence[7]. - A new strategic partnership has been established, expected to generate an additional $100 million in revenue over the next two years[8]. - The company reported a net profit margin of 15%, an increase from 12% in the previous year[9]. - The total outstanding shares have increased to 50 million, reflecting a 10% increase due to recent stock issuance[10].

SAN FRANCISCO, Feb. 10, 2025 (GLOBE NEWSWIRE) -- The RealReal (NASDAQ:REAL)—the world's largest online marketplace for authenticated, resale luxury goods—today provided preliminary unaudited financial results for the fourth quarter and full year ended December 31, 2024 and announced its entry into strategic debt exchange transactions with certain holders of its 1.00% Convertible Senior Notes due 2028 (the "2028 Notes"), reducing its total indebtedness by approximately $37 million and extending a significant ...

TORONTO, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Real Matters Inc. (“Real Matters”), a leading network management services platform for the mortgage and insurance industries, today announced that all of the nominees listed in Real Matters’ management information circular dated December 13, 2024, were elected as directors of Real Matters. The detailed results of the vote for the election of directors held at Real Matters’ Annual Meeting of Shareholders are set out below: Each of the following six nominees proposed ...

(all amounts are expressed in millions of U.S. dollars, excluding per share amounts and unless otherwise stated)TORONTO, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Real Matters Inc. (TSX: REAL) (“Real Matters” or the “Company”), a leading network management services platform for the mortgage and insurance industries, today announced its financial results for the first quarter ended December 31, 2024. “We reported consolidated revenue of $41.0 million in the first quarter, up 16% year-over-year, and consolidated Net ...

TORONTO, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Real Matters Inc. (“Real Matters”), a leading network management services provider for the mortgage lending and insurance industries, will be holding its Annual General Meeting (the “Meeting”) on Thursday, February 6, 2025 at 10:00 a.m. (Eastern Standard Time). The Meeting will be conducted online only, via audio webcast at: www.virtualshareholdermeeting.com/realmatters2025. Registered and non-registered shareholders entitled to vote at the Meeting may vote by prox ...

Company Performance - The RealReal has experienced sales growth for three consecutive quarters, driven by consumer interest in secondhand luxury goods from brands like Gucci and Chanel [1] - The company reported a quarterly revenue increase of 11% to $148 million, with a 14% rise in consignment revenue and a 4% year-over-year increase in processed orders [4] - The average order value increased by 2% to $522 [4] Technological Advancements - The RealReal is investing in technology to enhance operational efficiency, particularly through the use of artificial intelligence (AI) [2] - AI is utilized for product authentication, significantly reducing the time required for verifying the authenticity of items [3][4] - A machine-learning algorithm now compares product images at a finer level, streamlining the authentication process [4] Market Context - The luxury fashion industry has lost approximately 50 million customers over the past two years, with a notable decline in customer numbers for luxury brands [5] - Despite the overall luxury demand being expected to remain flat, The RealReal is capitalizing on the intersection of value and luxury, resonating well with consumers [5] - Economic uncertainty is affecting retail spending across various categories, including luxury, as consumer confidence fluctuates [6]

Don't get me wrong -- I love the S&P 500. It's a curated stock market index comprised of around 500 of the biggest, most profitable U.S.-based businesses. With that in mind, there are always great long-term investment opportunities to be found in this pool.That said, 500 companies is just a drop in the ocean when it comes to the stock market. There are quite literally thousands and thousands of stocks to choose from. And many outside of the S&P 500 provide life-changing gains.So, in this article, why not br ...

Michael Burry of ‘The Big Short’ fame is known for his deft handling of the 2008 subprime mortgage crisis, which netted him $100 million and his clients seven times as much. However, he hasn’t been resting on his laurels — through his firm, Scion Asset Management, Burry remains quite an active investor.Each 13-F filing made by Scion is keenly awaited and tracked by investors seeking to emulate Burry’s investments in hopes of securing outsized gains. The last filing was made public on November 14, and reveal ...