Financial Performance - Q2 2025 revenue reached $165 million, representing a 14% year-over-year increase[1] - Q2 2025 net loss improved to $(11) million, a $5 million improvement compared to the same period in 2024[1] - Adjusted EBITDA for Q2 2025 was $6.8 million, an increase of $8.6 million year-over-year, with an Adjusted EBITDA margin of 4.1%[1][5] - Total revenue for the three months ended June 30, 2025, was $165.2 million, a 13.9% increase from $144.9 million in the same period of 2024[24] - Gross profit for the six months ended June 30, 2025, was $242.7 million, compared to $214.7 million for the same period in 2024, reflecting a 13.0% increase[24] - Net income attributable to common stockholders for the six months ended June 30, 2025, was $51.0 million, a significant recovery from a loss of $47.8 million in the same period of 2024[24] - Adjusted EBITDA for the three months ended June 30, 2025, was $6.8 million, representing 4.1% of revenue, compared to a loss of $1.8 million in the same period of 2024[29] - For the three months ended June 30, 2025, the company reported a net loss of $11,366,000 compared to a net loss of $16,708,000 for the same period in 2024, showing an improvement of approximately 32.0%[33] - Non-GAAP net loss attributable to common stockholders for the six months ended June 30, 2025, was $16,557,000, a decrease of 35.5% from $25,746,000 in the same period of 2024[33] Guidance and Projections - The company raised its full-year guidance for 2025, projecting GMV between $2.030 billion and $2.045 billion[7] - Q3 2025 guidance estimates GMV between $495 million and $502 million, and total revenue between $167 million and $170 million[7] Operational Metrics - Gross merchandise value (GMV) for Q2 2025 was $504 million, up 14% from the same period in 2024[5] - Active buyers in the trailing twelve months reached 1,001,000, a 6% increase year-over-year[5] - Average order value (AOV) increased to $581, reflecting an 8% rise compared to the prior year[5] - The gross margin for Q2 2025 was 74.3%, an improvement of 20 basis points year-over-year[5] - The number of active buyers increased to 1,001 as of June 30, 2025, up from 985 in the previous quarter, reflecting a growth of 1.6%[33] - The average order value (AOV) for the quarter ended June 30, 2025, was $581, an increase of 7.9% from $538 in the previous quarter[33] - The company reported a take rate of 37.9% for the quarter ended June 30, 2025, compared to 38.6% in the previous quarter, indicating a slight decline[33] Cash Flow and Liabilities - Cash and cash equivalents decreased to $94.3 million as of June 30, 2025, down from $172.2 million at the end of 2024[26] - Total current liabilities decreased to $199.5 million as of June 30, 2025, compared to $248.7 million at the end of 2024[26] - Operating expenses for the six months ended June 30, 2025, totaled $265.4 million, up from $251.5 million in the same period of 2024[24] - The company experienced a net cash used in operating activities of $31.8 million for the six months ended June 30, 2025, compared to $10.2 million in the same period of 2024[28] - The company experienced a free cash flow of $(14,993,000) for the three months ended June 30, 2025, compared to $(11,713,000) for the same period in 2024, indicating a decline in cash flow[33] Inventory and Expenses - Inventory increased to $28.8 million as of June 30, 2025, compared to $23.6 million at the end of 2024[26] - The company incurred one-time expenses related to a fire incident, which were disclosed in the financial statements[32] Board and Management Changes - The appointment of Mark McCaffrey to the Board of Directors is expected to enhance the company's financial and technological strategies[8] Fair Value Changes - The change in fair value of warrant liability for the six months ended June 30, 2025, was $(47,040,000), a significant change from $(9,953,000) in the same period of 2024[33]

(all amounts are expressed in millions of U.S. dollars, excluding per share amounts and unless otherwise stated) TORONTO, July 31, 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 third quarter ended June 30, 2025. “Consolidated revenues increased 22% sequentially in the third quarter to $45.4 million, in line with a seasonal uptick ...

Luxury brands have been around for decades, and so have the cheap plasticky copycats sold for a fraction of the price. These so-called super fakes have brands and businesses scrambling to ramp up authentication standards. Luxury reseller The Real Real pulled 7,000 counterfeit handbags off the market last year alone.Subtle differences made much more evident with the help of The Real Real's newest edition, our very state-of-the-art X-ray machine. As technology takes on a larger role in backing up even the tra ...

Company Overview - The RealReal (REAL) shares increased by 8.8% to close at $6.43, with trading volume significantly higher than usual, and a total gain of 20.6% over the past four weeks [1] - The company operates at the intersection of luxury and value, supported by a domestic sourcing model, which may provide resilience [2] Financial Performance - The RealReal is projected to report a quarterly loss of $0.15 per share, reflecting a year-over-year decline of 15.4%, while revenues are expected to reach $160.17 million, an increase of 10.5% from the previous year [3] - The consensus EPS estimate for the quarter has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [4] Industry Context - The RealReal is part of the Zacks Consumer Products - Discretionary industry, where Reynolds Consumer Products (REYN) also operates, with REYN's stock rising 2.6% to $22.11 [4] - Reynolds Consumer Products has a consensus EPS estimate of $0.37, which is a decrease of 19.6% from the previous year, and it also holds a Zacks Rank of 3 (Hold) [5]

Core Insights - The RealReal will release its financial results for Q2 2025 on August 7, 2025, after market close [1] - A conference call to discuss the financial results will take place at 2:00 p.m. Pacific Time [1] Company Overview - The RealReal is the largest online marketplace for authenticated resale luxury goods, boasting over 40 million members [2] - The company employs a rigorous authentication process with hundreds of in-house experts, including gemologists and brand authenticators [2] - The RealReal supports the circular economy by giving new life to luxury items across various categories, including fashion, jewelry, art, and home [2] - The company offers services such as free virtual appointments, in-home pickup, and direct shipping to facilitate the selling process for consignors [2]

Core Viewpoint - Real Matters Inc. will announce its third quarter fiscal 2025 financial results on July 31, 2025, before market open [1] Group 1: Company Overview - Real Matters is a leading network management services provider for the mortgage lending and insurance industries [3] - The company combines proprietary technology and network management capabilities with a large pool of independent qualified field professionals [3] - Real Matters serves top 100 mortgage lenders in the U.S. and major banks and insurance companies in Canada [3] - The company is a leading independent provider of residential real estate appraisals and title and mortgage closing services in the U.S. [3] - Real Matters is headquartered in Markham, Ontario, with principal offices in Buffalo, New York, and Middletown, Rhode Island [3] - The company is listed on the Toronto Stock Exchange under the symbol REAL [3] Group 2: Conference Call Details - A conference call to review the financial results will occur at 10:00 a.m. (ET) on July 31, 2025, hosted by the CEO and CFO [2] - An accompanying slide presentation will be available on the Investor Relations section of the company's website before the call [2] - Participants must pre-register to join the conference call, with registration details provided [4]

Core Insights - The RealReal has successfully paid off the remaining $26,749,000 of its 3% Convertible Senior Notes due 2025, marking a significant step in reducing its overall debt [1][2] - The company has reduced its total indebtedness by $63 million year to date and $81 million over the last 16 months, indicating a strong focus on deleveraging [1][2] - The CFO highlighted that the paydown enhances financial flexibility and supports strategic growth initiatives, reinforcing the company's position in the luxury resale market [2] Company Overview - The RealReal is the largest online marketplace for authenticated resale luxury goods, boasting over 38 million members [3] - The company employs a rigorous authentication process with hundreds of in-house experts to ensure the reliability of its platform for buying and selling luxury items [3] - The RealReal promotes sustainability by supporting the circular economy, offering services such as free virtual appointments, in-home pickups, and direct shipping for consignors [3]

Group 1 - The RealReal (REAL) stock closed at $5.71, showing a 13.1% gain over the past four weeks, with a mean price target of $10.10 indicating a potential upside of 76.9% [1] - The mean estimate consists of five short-term price targets with a standard deviation of $3.09, where the lowest estimate is $7 (22.6% increase) and the highest is $15 (162.7% increase) [2] - Analysts show strong agreement on the company's ability to report better earnings, which supports the view of potential upside [4][11] Group 2 - The Zacks Consensus Estimate for the current year has increased by 64.3% over the past month, with no negative revisions [12] - REAL holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] - While consensus price targets may not be reliable for predicting stock gains, they can indicate the direction of price movement [13]

Core Insights - The RealReal has opened its 16th store in Summit, New Jersey, continuing its expansion in the tri-state area and enhancing its presence in the luxury resale market [1][3] Store Design and Experience - The Summit store features a design that combines sustainability and luxury, with a color palette of burgundy and brass, light wood flooring, and a unique installation by textile artist Kiva Motnyk [2] - The store aims to be a destination for both shopping and inspiration, showcasing a curated mix of vintage furniture, art, and décor [2] Community Engagement - The Chief Merchandising Officer of The RealReal highlighted the success of previous pop-up events in the area, indicating strong community demand for a permanent store [3] Company Overview - The RealReal is the largest online marketplace for authenticated resale luxury goods, boasting 38 million members and a rigorous authentication process [4] - The company supports the circular economy by giving new life to luxury items across various categories, including fashion, jewelry, art, and home goods [4] Store Offerings and Services - The store provides personalized consultations and valuations for luxury items, along with a constantly refreshed selection of authenticated goods [6] - The RealReal offers various services to consignors, including free virtual appointments, in-home pickup, and direct shipping, ensuring a seamless selling experience [4]

Core Viewpoint - Real Matters Inc. has appointed John Walsh to its Board of Directors, enhancing its leadership with his extensive experience in the mortgage and financial services industries [1][2]. Company Overview - Real Matters is a leading network management services provider for the mortgage lending and insurance industries, utilizing proprietary technology and a network of independent professionals to create an efficient marketplace [4]. - The company serves top 100 mortgage lenders in the U.S. and major banks and insurance companies in Canada, specializing in residential real estate appraisals and title and mortgage closing services [4]. Board Appointment Details - John Walsh's appointment is effective June 4, 2025, and he will serve on the Compensation, Nomination, Governance, and Sustainability Committee [1]. - Following this appointment, the Board will consist of seven directors, with six being independent [1]. John Walsh's Background - John Walsh brings over four decades of experience in the mortgage, real estate, and financial services sectors, having held leadership roles in technology and data firms [2]. - He was previously the CEO of LERETA LLC and DataQuick, and has held senior management positions at various mortgage companies and banks [2][3]. - Walsh holds an MBA from Harvard Business School and a Bachelor of Science from California Lutheran College, and has received the PROGRESS in Lending Association Lending Luminary Award™ [3].