Poshmark is a leading social marketplace for new and secondhand style for women, men, kids, home, and more. By combining the human connection of physical shopping with the scale, ease, and selection benefits of ecommerce, Poshmark makes buying and selling simple, social, and fun. Its community of more than 70 million registered users across the U.S. and Canada is driving the future of commerce while promoting more sustainable consumption.
Company profile
Ticker
POSH
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Amazon.com • QVC • CDW • Coupang • Insight Enterprises • Dingdong (Cayman) • ContextLogic • Qurate Retail Inc - Series A • Vipshop • Chewy ...
SEC CIK
Corporate docs
Subsidiaries
Poshmark Pty Ltd. • Poshmark Canada Inc. • Poshmark India Private Limited • Poshmark Online Marketplace Private Limited • Poshmark Limited • Suede One, Inc. ...
IRS number
274827616
POSH stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
17 Jan 23
S-8 POS
Registration of securities for employees (post-effective amendment)
5 Jan 23
S-8 POS
Registration of securities for employees (post-effective amendment)
5 Jan 23
S-8 POS
Registration of securities for employees (post-effective amendment)
5 Jan 23
25-NSE
Exchange delisting
5 Jan 23
8-K
Completion of Acquisition or Disposition of Assets
5 Jan 23
8-K
Submission of Matters to a Vote of Security Holders
27 Dec 22
DEFA14A
Additional proxy soliciting materials
19 Dec 22
DEFM14A
Proxy related to merger
25 Nov 22
PREM14A
Preliminary proxy related to merger
15 Nov 22
Transcripts
POSH
Earnings call transcript
2022 Q2
12 Aug 22
POSH
Earnings call transcript
2022 Q1
13 May 22
POSH
Earnings call transcript
2021 Q4
23 Mar 22
POSH
Earnings call transcript
2021 Q3
10 Nov 21
POSH
Earnings call transcript
2021 Q2
11 Aug 21
POSH
Earnings call transcript
2021 Q1
13 May 21
POSH
Earnings call transcript
2020 Q4
12 Mar 21
Latest ownership filings
SC 13G/A
Dorsey Asset Management, LLC
14 Feb 23
SC 13G/A
GGV Capital V L.P.
14 Feb 23
SC 13G/A
MV Management XI, L.L.C.
14 Feb 23
SC 13G/A
VANGUARD GROUP INC
9 Feb 23
SC 13G/A
Temasek Holdings (Private) Ltd
8 Feb 23
SC 13G
BlackRock Inc.
3 Feb 23
4
Manish Chandra
9 Jan 23
4
EBONY BECKWITH
9 Jan 23
4
Rodrigo Brumana
9 Jan 23
4
JENNY J MING
9 Jan 23
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | |
|---|---|---|---|
| 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) | 588.82 mm | 588.82 mm | 588.82 mm | 588.82 mm | 588.82 mm | 588.82 mm |
| Cash burn (monthly) | (no burn) | 367.75 k | 8.09 mm | 6.39 mm | (no burn) | 80.25 k |
| Cash used (since last report) | n/a | 5.20 mm | 114.46 mm | 90.45 mm | n/a | 1.14 mm |
| Cash remaining | n/a | 583.61 mm | 474.35 mm | 498.36 mm | n/a | 587.68 mm |
| Runway (months of cash) | n/a | 1587.0 | 58.6 | 77.9 | n/a | 7323.1 |
Institutional ownership, Q1 2023
6.1% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 1 |
| Opened positions | 0 |
| Closed positions | 149 |
| Increased positions | 0 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 0.00 |
| Total shares | 3.33 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| GGV Capital V | 3.33 mm | $0.00 |
| Mayfield XIII, a Cayman Islands Exempted Limited Partnership | 0.00 | $0.00 |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 5 Jan 23 | Mayfield XIII, a Cayman Islands Exempted Limited Partnership | Class B Common Stock Class A Common Stock | Dispose U | Yes | No | 17.9 | 1,504,854 | 26.94 mm | 0 | |
| 5 Jan 23 | Mayfield XIII, a Cayman Islands Exempted Limited Partnership | Class B Common Stock Class A Common Stock | Dispose U | Yes | No | 17.9 | 15,748,793 | 281.90 mm | 0 | |
| 5 Jan 23 | John Michael McDonald | Class A Common Stock | Sale back to company | Dispose D | No | No | 17.9 | 128,107 | 2.29 mm | 0 |
| 5 Jan 23 | John Michael McDonald | Stock Option Class B Common Stock | Sale back to company | Dispose D | No | No | 10.77 | 80,000 | 861.60 k | 0 |
| 5 Jan 23 | John Michael McDonald | Stock Option Class B Common Stock | Sale back to company | Dispose D | No | No | 1.52 | 153,742 | 233.69 k | 0 |
| 5 Jan 23 | John Michael McDonald | Stock Option Class B Common Stock | Sale back to company | Dispose D | No | No | 1.11 | 100,000 | 111.00 k | 0 |
| 5 Jan 23 | John Michael McDonald | Stock Option Class B Common Stock | Sale back to company | Dispose D | No | No | 0.41 | 143,137 | 58.69 k | 0 |
| 5 Jan 23 | John Michael McDonald | Class B Common Stock Class B Common Stock | Sale back to company | Dispose D | No | No | 17.9 | 49,179 | 880.30 k | 0 |
| 5 Jan 23 | John Michael McDonald | RSU Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 21,740 | 0.00 | 0 |
| 5 Jan 23 | John Michael McDonald | RSU Class B Common Stock | Sale back to company | Dispose D | No | No | 0 | 18,334 | 0.00 | 0 |