First Quarter 2025 Financial Highlights
- Revenue was $586.0 million for the first quarter of 2025 compared to $278.2 million for the first quarter of 2024, an increase of 111% year-over-year.
- Gross margin was 73% for the first quarter of 2025 compared to 82% for the first quarter of 2024.
- Net income was $49.5 million for the first quarter of 2025 compared to $11.1 million for the first quarter of 2024.
- Adjusted EBITDA was $91.1 million for the first quarter of 2025 compared to $32.3 million for the first quarter of 2024.
- Net cash provided by operating activities was $109.1 million for the first quarter of 2025 compared to $25.8 million for the first quarter of 2024.
- Free Cash Flow was $50.1 million for the first quarter of 2025 compared to $11.9 million for the first quarter of 2024.
Subscribers grew to 2.4 million, up 38% year-over-year in Q1 2025
Affirms full year 2025 revenue guidance of $2.3 billion to $2.4 billion and raises Adjusted EBITDA guidance to a range of $295 million to $335 million
Introduces 2030 targets of at least $6.5 billion in revenue and $1.3 billion in Adjusted EBITDA
Tuloksen osalta ohjeistuksesta ja ennusteistahan mentiin niin että heilahti!
Q2 ohjeistus voi hieman hikata markkinassa, vaihto ja EBITDA laskisi selkeästi verrattuna Q1
For the second quarter 2025, we expect:
- Revenue of $530 million to $550 million.
- Adjusted EBITDA of $65 million to $75 million, reflecting an Adjusted EBITDA margin of 12% to 14%.
For the full year 2025, we expect:
- Revenue of $2.3 billion to $2.4 billion.
- Adjusted EBITDA of $295 million to $335 million, reflecting an Adjusted EBITDA margin of 13% to 14%.
Mutta onpahan viiden vuoden päähän asetetut tavoitteet komeat:
2030 Financial Targets
Hims & Hers has demonstrated a consistent track record of execution driven by the strength of its business model and operational excellence, which is fueling strong top line growth and Adjusted EBITDA profitability. Given its large market opportunity and growing customer demand, the Company is providing financial targets for the full year 2030, which include:
- Revenue of at least $6.5 billion.
- Adjusted EBITDA of at least $1.3 billion.
Ja vielä Hims Housen vertailu ennusteisiin
https://x.com/himshouse/status/1919484785887490295
Shareholder letter