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ThredUp Inc
NASDAQ:TDUP

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ThredUp Inc
NASDAQ:TDUP
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Price: 2.3 USD 4.07% Market Closed
Market Cap: 261.6m USD

ThredUp Inc
Investor Relations

thredUP, Inc. operates as an online clothing resale shop. The company is headquartered in Oakland, California and currently employs 2,894 full-time employees. The company went IPO on 2021-03-26. The Company’s marketplace enables buyers to browse and purchase resale items primarily women’s and kids’ apparel, shoes and accessories across a range of price points. Its custom-built operating platform consists of distributed processing infrastructure, software and systems and data science expertise. The Company’s subsidiaries include ThredUp Intermediary Holdings LLC, Knitwit GC LLC, ThredUp CF LLC, thredUP Circular Fashion Fund Inc. and Remix Global EAD.

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Earnings Calls

2024 Q4
Feb 25, 2025
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Porch Group shows strong financial momentum with increased guidance for 2025
2024 Q4
Feb 25, 2025

Porch Group delivered impressive Q4 2024 results, achieving $42 million in adjusted EBITDA and $7 million for the full year. They've raised their 2025 guidance to $60 million EBITDA and $400 million revenue. The shift to a commission-based model promises 80% gross margins. Notably, new business premiums grew 50% in Q4, with continued momentum into 2025. The completion of the Porch Insurance Reciprocal Exchange enhances margin predictability. With strategic investments planned, Porch aims for $500 million in gross written premiums for 2025, projecting increased profitability while navigating a flat housing market.

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Management

Mr. James G. Reinhart
Co-Founder, CEO & Director
No Bio Available
Mr. Christopher Homer
Co-Founder & COO
No Bio Available
Mr. Graden Sean Sobers
Chief Financial Officer
No Bio Available
Mr. Daniel Demeyere
Chief Product & Technology Officer
No Bio Available
Ms. Lauren Marie Frasch
Senior Director of Investor Relations & Strategic Finance
No Bio Available
Mr. Alon Rotem J.D.
Chief Legal Officer & Secretary
No Bio Available
Ms. Noelle Sadler
Chief Marketing Officer
No Bio Available
Ms. Natalie Breece
Chief People & Diversity Officer
No Bio Available
Mr. Alexis Ghorai
Senior Vice President of Operations
No Bio Available
Mr. Seth Levey
Head of Public Policy & Sustainability
No Bio Available

Contacts

Address
CALIFORNIA
Oakland
969 Broadway, Suite 200
Contacts
+14154025202.0
www.thredup.com