Beyond(US:BYON)2024-07-30 18:42Financial Performance - Revenue reached $398 million, a decrease of 5.7% compared to Q2'23[15, 47] - Gross margin was 20.1%, a decrease of 530 bps compared to Q2'23[7, 47] - G&A and Tech Expense was $46 million, a decrease of 7.1% compared to Q2'23[17, 47] - Adjusted EBITDA was -$36 million, a decrease of $45 million compared to Q2'23[24, 47] - Adjusted EBITDA margin was -9.1%, a decrease of 1,110 bps compared to Q2'23[24] - Diluted EPS was -$0.93, while Adjusted Diluted EPS was -$0.76[47] Customer Activity - Active customers (LTM) reached 6.2 million, an increase of 34.6% or 1.6 million compared to Q2'23[12] - Orders delivered reached 1.9 million, an increase of 8.1% or 0.1 million compared to Q2'23[31] - Order frequency was 1.39, a decrease of 10.9% compared to Q2'23[28] - Average order value was $204, a decrease of 12.8% compared to Q2'23[21, 34]