ThredUp Inc. (TDUP)

ThredUp Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	40.97	31.85	54.34	38.03	84.55	64.49
Short-Term Investments	6.61	12.33	8.1	66.9	121.28	-
Cash & Short-Term Investments	47.58	44.18	62.44	104.93	205.83	64.49
Cash Growth	-13.94%	-29.25%	-40.50%	-49.02%	219.19%	-24.70%
Accounts Receivable	3.8	3.57	5	4.67	4.14	1.82
Receivables	3.8	3.57	5	4.67	4.14	1.82
Inventory	-	0.69	2.82	17.52	9.83	3.52
Restricted Cash	3.85	3.69	0.46	0.38	0.56	0.36
Other Current Assets	5.52	4.8	23.17	6.69	8.07	4.97
Total Current Assets	60.74	56.92	93.89	134.2	228.41	75.16
Property, Plant & Equipment	96.15	97.33	105.92	138.64	94.81	64.79
Goodwill	10.75	10.75	11.22	11.59	12.24	-
Other Intangible Assets	-	-	-	10.5	13.85	-
Other Long-Term Assets	5.97	6.22	38.95	7.03	11.52	2.97
Total Assets	173.6	171.23	249.97	301.95	360.83	142.91
Accounts Payable	11.16	8.33	3.83	7.8	13.34	9.39
Accrued Expenses	8.3	8.63	7.46	15.24	14.22	10.1
Current Portion of Long-Term Debt	3.87	3.86	3.84	3.88	7.77	3.27
Current Portion of Leases	4.87	4.35	4.61	6.41	3.93	3.64
Current Income Taxes Payable	2.71	2.61	2.57	4.33	5.73	4.59
Current Unearned Revenue	12.39	15.56	16.34	25.68	19.1	14.46
Other Current Liabilities	19.88	18.19	38.03	21.07	25.33	17.11
Total Current Liabilities	63.17	61.52	76.67	84.41	89.41	62.56
Long-Term Debt	16.22	18.15	22.01	25.79	27.56	31.19
Long-Term Leases	31.5	32.49	31.82	48.73	37	21.57
Other Long-Term Liabilities	2.51	2.76	15.55	3.02	1.12	1.92
Total Liabilities	113.4	114.92	146.05	161.95	155.09	117.25
Common Stock	0.01	0.01	0.01	0.01	0.01	0
Additional Paid-In Capital	626.45	612.15	585.16	551.85	522.16	29.99
Retained Earnings	-566.25	-555.86	-478.88	-407.63	-315.34	-252.17
Comprehensive Income & Other	-0	0	-2.38	-4.23	-1.09	-
Total Common Equity	60.21	56.3	103.92	140	205.73	-222.18
Shareholders' Equity	60.21	56.3	103.92	140	205.73	25.66
Total Liabilities & Equity	173.6	171.23	249.97	301.95	360.83	142.91
Total Debt	56.45	58.84	62.28	84.81	76.26	59.68
Net Cash (Debt)	-8.88	-14.66	0.16	20.12	129.57	4.81
Net Cash Growth	-	-	-99.19%	-84.47%	2594.92%	-92.97%
Net Cash Per Share	-0.08	-0.13	0.00	0.20	1.68	0.42
Filing Date Shares Outstanding	123.16	116.19	108.83	101.61	98.78	12.89
Total Common Shares Outstanding	123.05	116.13	108.78	101.53	98.44	12.89
Working Capital	-2.43	-4.6	17.22	49.78	139	12.6
Book Value Per Share	0.49	0.48	0.96	1.38	2.09	-17.24
Tangible Book Value	49.46	45.56	92.7	117.91	179.64	-222.18
Tangible Book Value Per Share	0.40	0.39	0.85	1.16	1.82	-17.24
Machinery	91.9	88.43	84.15	65.29	55.07	39.45
Construction In Progress	6.37	5.58	4.79	36.48	10.74	6.55
Leasehold Improvements	24	23.9	24.11	15.72	4.71	4.46

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q