![]() The company finally lost money in the last two quarters, but even then, its losses decreased quarter-over-quarter - with the company only losing around $4.5 million in the second quarter this year.Ĭompare this to the TechCrunch article written when Box, a company that ultimately IPO’d at a similar market-cap as Stitch Fix will (~$2 billion), first filed its IPO:īox has long been rumored to have quickly growing revenues and large losses, which has proven to be the case. We talk a lot about companies that are planning to go public that show pretty consistent (or even increasing) losses, but Stitch Fix looks like a company that has actually managed to build a healthy business. Let’s start off really quick with profits: aside from the last two quarters, Stitch Fix posted a six-quarter streak of positive net income. ![]() Stitch Fix has filed to go public, finally revealing the financial guts of the startup which will be a test of modern e-commerce businesses that are looking to hit the market - and the numbers look pretty great! There was an interesting line of commentary around the news that Stitch Fix, the personalized clothing e-commerce company, was going to IPO: these numbers are incredible! Take this article in TechCrunch as an example ( emphasis mine):
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