How did Allbirds' revenue and expenses trend in Q4 2024?
5/9/2025 05:13am
Allbirds' revenue and expenses in Q4 2024 are as follows:
1. **Revenue Trend**: Allbirds reported a net revenue of $55.85 million for the quarter, which represents a 22.4% decline from the same quarter in the previous year. Analysts had expected revenue of $55.87 million, indicating a slight discrepancy. This decline in revenue is a bearish indicator for the company, reflecting a challenging sales environment or strategic shifts in their business model.
2. **Expense Trend**: The company reported a quarterly adjusted loss of $3.23 per share, higher than the same quarter last year when the EPS was $-3.60. This suggests that despite revenue declining, the cost per share has increased, potentially due to higher expenses. The R&D expense and Sales and Marketing Expense are not provided, but the General and Administrative Expense is a key component of the total cost structure. The absence of specific figures for R&D and Sales and Marketing Expense makes it difficult to analyze the company's expense trends in detail.
In summary, Allbirds faced a tough quarter with revenue declining and increased losses per share. The company needs to focus on turning around the revenue decline and managing costs effectively to improve profitability.