Sees FY25 adjusted EBITDA $20M-$30M. Sees FY25 GMV $1.96B-$1.99B. Ajay Gopal, CFO of The RealReal (REAL), said, “The strategic debt transaction announced last week strengthened our financial position by reducing our overall indebtedness, rebalancing our debt maturity cycle, and creating more flexibility as we continue to evolve our capital structure. We look forward to continuing our momentum in 2025, as we work to expand our Adjusted EBITDA margin through the combination of accelerating full year growth and delivering operating leverage.”
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