EarningsQ1 revenue was $25.2 million, falling short of both the company's own estimate of $28.0 million and the consensus estimate of $29.5 million.
Financial Performance1Q results underperformed expectations for both Revenue and EBITDA, as GMV, paying users, and per capita revenue all declined sequentially.
Operational IssuesPerformance was negatively impacted by a customer onboarding issue that reversed earlier progress.