🔹 Diluted EPS: $0.08 (Est. $0.01) 🟢
🔹 Revenue: $8.0B (Est. $8.079B) 🟡; UP +21% YoY
🔹 Adj EBITDA: $421M (Est. $349.84M) 🟢; UP +43% YoY
Q4'24 Segment Highlights:
🔹 Product Commerce Revenue: $6.9B; UP +9% YoY
🔹 Developing Offerings Revenue: $1.1B; UP +296% YoY
Q4'24 Geographical Breakdown:
🔹 Total Revenue: $8.0B; UP +21% YoY
Other Q4'24 Metrics:
🔹 Gross Profit: $2.5B; UP +48% YoY
🔹 Product Commerce Active Customers: 22.8M; UP +10% YoY
🔹 Annual Free Cash Flow: $1.0B; DOWN -43% YoY
Strategic/Shareholder Updates:
🔸 Excluding Farfetch, revenue grew 14% YoY; adj EBITDA margin improved to 5.2%
🔸 FC fire insurance gain contributed $132M to net income
Management Commentary:
🔸 "Bom Kim (CEO): 2024 was a year of record achievements, with innovation driving growth and expanding margins, positioning us for future customer wow and shareholder value."