The RealReal is the world's largest online marketplace for authenticated, resale luxury goods, with more than 20 million members. With a rigorous authentication process overseen by experts, The RealReal provides a safe and reliable platform for consumers to buy and sell their luxury items. The company has hundreds of in-house gemologists, horologists and brand authenticators who inspect thousands of items each day. As a sustainable company, the company gives new life to pieces by thousands of brands across numerous categories-including women's and men's fashion, fine jewelry and watches, art and home-in support of the circular economy. The company makes selling effortless with free virtual appointments, in-home pickup, drop-off and direct shipping. The RealReal does all of the work for consignors, including authenticating, using AI and machine learning to determine optimal pricing, photographing and listing their items, as well as handling shipping and customer service. At its 13 retail locations, including its eight shoppable stores, customers can sell, meet with its experts and receive free valuations.
Company profile
Ticker
REAL
Exchange
Website
CEO
Julie Wainwright
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
IRS number
451234222
REAL stock data
Analyst ratings and price targets
Latest filings (excl ownership)
S-8
Registration of securities for employees
3 Mar 23
10-K
2022 FY
Annual report
28 Feb 23
8-K
The Realreal Announces Fourth Quarter and Full Year 2022 Results
28 Feb 23
8-K
Cost Associated with Exit or Disposal Activities
15 Feb 23
8-K
The RealReal Appoints E-Commerce and Digital Executive John E. Koryl
25 Jan 23
10-Q
2022 Q3
Quarterly report
8 Nov 22
8-K
The Realreal Announces Third Quarter 2022 Results
8 Nov 22
10-Q
2022 Q2
Quarterly report
9 Aug 22
8-K
The Realreal Announces Second Quarter 2022 Results
9 Aug 22
8-K
Submission of Matters to a Vote of Security Holders
17 Jun 22
Transcripts
REAL
Earnings call transcript
2022 Q4
28 Feb 23
REAL
Earnings call transcript
2022 Q3
8 Nov 22
REAL
Earnings call transcript
2022 Q2
10 Aug 22
REAL
Earnings call transcript
2022 Q1
11 May 22
REAL
Earnings call transcript
2021 Q4
24 Feb 22
REAL
Earnings call transcript
2021 Q3
9 Nov 21
REAL
Earnings call transcript
2021 Q2
10 Aug 21
REAL
Earnings call transcript
2021 Q1
11 May 21
REAL
Earnings call transcript
2020 Q4
23 Feb 21
REAL
Earnings call transcript
2020 Q3
9 Nov 20
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 293.79 mm | 293.79 mm | 293.79 mm | 293.79 mm | 293.79 mm | 293.79 mm |
| Cash burn (monthly) | 2.22 mm | 10.36 mm | 12.84 mm | 16.36 mm | (no burn) | 7.63 mm |
| Cash used (since last report) | 5.98 mm | 27.98 mm | 34.68 mm | 44.16 mm | n/a | 20.60 mm |
| Cash remaining | 287.81 mm | 265.81 mm | 259.11 mm | 249.63 mm | n/a | 273.19 mm |
| Runway (months of cash) | 129.9 | 25.6 | 20.2 | 15.3 | n/a | 35.8 |
Institutional ownership, Q4 2022
77.6% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 145 |
| Opened positions | 33 |
| Closed positions | 54 |
| Increased positions | 31 |
| Reduced positions | 43 |
| 13F shares | Current |
|---|---|
| Total value | 71.83 bn |
| Total shares | 77.05 mm |
| Total puts | 143.00 k |
| Total calls | 421.30 k |
| Total put/call ratio | 0.3 |
| Largest owners | Shares | Value |
|---|---|---|
| Greylion Capital | 7.47 mm | $0.00 |
| PWP Growth Equity Fund II | 7.45 mm | $97.97 mm |
| BLK Blackrock | 6.32 mm | $7.90 bn |
| Vanguard | 5.16 mm | $6.44 bn |
| Marshall Wace | 4.19 mm | $5.24 bn |
| Interwest Partners X | 3.85 mm | $75.31 mm |
| FIL | 3.83 mm | $4.79 bn |
| D. E. Shaw & Co. | 3.41 mm | $4.26 bn |
| STT State Street | 3.16 mm | $3.95 bn |
| Millennium Management | 2.90 mm | $3.64 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 3 Mar 23 | John E Koryl | Common Stock | Grant | Acquire A | No | No | 0 | 1,250,000 | 0.00 | 2,750,000 |
| 3 Mar 23 | John E Koryl | Common Stock | Grant | Acquire A | No | No | 0 | 1,500,000 | 0.00 | 1,500,000 |
| 3 Mar 23 | Friang Luke Thomas | Common Stock | Grant | Acquire A | No | No | 0 | 325,000 | 0.00 | 325,000 |
| 3 Mar 23 | Levesque Rati Sahi | Common Stock | Grant | Acquire A | No | No | 0 | 150,000 | 0.00 | 1,130,844 |
| 3 Mar 23 | Levesque Rati Sahi | Common Stock | Grant | Acquire A | No | No | 0 | 350,000 | 0.00 | 980,844 |
| 3 Mar 23 | Lo Steve Ming | Common Stock | Grant | Acquire A | No | No | 0 | 125,000 | 0.00 | 387,740 |
| 3 Mar 23 | Suko Todd A | Common Stock | Grant | Acquire A | No | No | 0 | 90,000 | 0.00 | 662,635 |
| 3 Mar 23 | Suko Todd A | Common Stock | Grant | Acquire A | No | No | 0 | 210,000 | 0.00 | 572,635 |
News
The RealReal's Return On Capital Employed Overview
6 Mar 23
Credit Suisse Maintains Neutral on RealReal, Lowers Price Target to $3.5
2 Mar 23
Where The RealReal Stands With Analysts
1 Mar 23
Piper Sandler Maintains Neutral on The RealReal, Lowers Price Target to $2
1 Mar 23
Baird Maintains Outperform on The RealReal, Lowers Price Target to $2.75
1 Mar 23
Press releases
The RealReal Announces Inducement Grants under Nasdaq Listing Rule 5635(c)(4)
3 Mar 23
The RealReal Announces Fourth Quarter and Full Year 2022 Results
28 Feb 23
The RealReal Announces Timing of Its Fourth Quarter and Full Year 2022 Earnings Conference Call
1 Feb 23
The RealReal Focuses on New Initiatives in 2023 to Improve Consignor Experience
5 Jan 23