Beyond(US:BYON)2025-02-25 15:04Financial Performance - Q4 2024 - Revenue was $303.2 million, a decrease of 21.1% or $81 million compared to Q4 2023[6, 12] - Gross margin was 23.0%, an increase of 380 bps compared to Q4 2023[6, 17] - G&A and Tech Expense was $47.8 million, a decrease of 11.1% or $6.0 million compared to Q4 2023[6, 19] - Adjusted EBITDA was -$27.9 million, an increase of $21.2 million compared to Q4 2023[6] - Adjusted Diluted EPS was -$0.91, an increase of $0.31 compared to Q4 2023[6] Financial Performance - FY 2024 - Revenue was $1,395 million, a decrease of 10.6% or $166 million compared to FY 2023[12] - Gross margin was 20.8%, a decrease of 260 bps compared to FY 2023[17] - G&A and Tech Expense was $189 million, a decrease of 9.0% or $18.6 million compared to FY 2023[19] - Adjusted EBITDA was -$144 million, a decrease of $83 million compared to FY 2023[25] Customer Metrics - Active customers (LTM) were 5.4 million, a decrease of 3.5% or 0.2 million compared to Q4 2023[27, 29] - Orders delivered (LTM) were 7.4 million, a decrease of 6.5% or 0.5 million compared to Q4 2023[31, 34] - Average order value was $181, an increase of 20.0% compared to Q4 2023[31, 34]