LightInTheBox Holding Full Year 2023 Earnings: US$0.085 loss per share (vs US$0.50 loss in FY 2022)

LightInTheBox Holding Co., Ltd. Sponsored ADR -0.14% Post

LightInTheBox Holding Co., Ltd. Sponsored ADR

LITB

0.69

0.69

-0.14%

0.00% Post

LightInTheBox Holding (NYSE:LITB) Full Year 2023 Results

Key Financial Results

  • Revenue: US$629.4m (up 25% from FY 2022).
  • Net loss: US$9.59m (loss narrowed by 83% from FY 2022).
  • US$0.085 loss per share (improved from US$0.50 loss in FY 2022).
revenue-and-expenses-breakdown
NYSE:LITB Revenue and Expenses Breakdown March 29th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

The primary driver behind last 12 months revenue was the Product Sales segment contributing a total revenue of US$617.2m (98% of total revenue). The largest operating expense was Sales & Marketing costs, amounting to US$302.7m (82% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of US$805.0k. Explore how LITB's revenue and expenses shape its earnings.

LightInTheBox Holding shares are up 8.0% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for LightInTheBox Holding (of which 1 makes us a bit uncomfortable!) you should know about.

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