The RealReal, Inc. Financial Ratios — 6RR Stock

Profitability (USD)

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	- -	-66.54	-178.58	- -	- -	- -	- -
Return on Assets (%)	- -	-71.69	-32.77	-32.85	-34.72	-28.67	-31.71	-30.85	-10.05
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	63.73	64.06	63.7	62.53	58.47	57.78	68.5	74.53	74.59
EBITDA Margin (%)	-33.56	-30.23	-27.41	-51.33	-40.92	-26.76	-24.5	-3.9	1.31
Operating Margin (%)	-37.66	-34.58	-31.64	-57.25	-42.59	-31.2	-22.36	-9.38	-3.45
Incremental Operating Margin (%)	- -	- -	- -	436.46	- -	8.05	- -	130	35.04
Pretax Margin (%)	-37.99	-35.4	-31.05	-58.59	-50.47	-32.52	-30.62	-22.3	-5.98
Profit Margin (%)	-38.04	-35.45	-31.11	-58.62	-50.48	-32.55	-30.67	-22.35	-6.03
Net Income to Common Margin (%)	-38.04	-35.45	-31.11	-58.62	-50.48	-32.55	-30.67	-22.35	-6.03
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	-66.54	-178.58	- -	- -	- -	- -

Credit (USD)

Credit Ratios API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	14	9	- -	279	510	596	577	547	463
ST Debt	3	6	- -	15	18	21	20	49	25
LT Debt	11	3	- -	264	492	575	557	497	439
Total Debt/EBITDA	-0.3	-0.14	- -	-1.81	-2.66	-3.69	-4.29	-23.36	51.08
Net Debt/EBITDA	0.06	0.39	1.78	1.31	0.36	-0.97	-2.06	-11.36	24.32
Total Debt/EBIT	-0.26	-0.13	- -	-1.62	-2.37	-3.15	-3.47	-9.67	-19.36
Net Debt/EBIT	0.05	0.34	1.54	1.17	0.32	-0.82	-1.66	-4.7	-9.22
EBITDA to Interest Expense	-60.56	-56.09	-140.74	-29.25	-8.89	-15.42	-12.58	-1.09	0.33
EBITDA-CapEx/Interest Expense	-79.09	-72.68	-195.98	-34.37	-10.63	-17.6	-15.3	-1.76	-0.35
EBIT to Interest Expense	-67.96	-64.15	-162.51	-32.62	-9.25	-17.98	-11.48	-2.63	-0.86
Interest Expense	1	1	1	5	22	10	11	21	28
Common Equity/Total Assets	-232.98	-190.29	72.49	31.61	9.69	-27.63	-67.86	-96.28	-101.59
Long-Term Debt/Equity (%)	- -	- -	- -	138.15	672.16	- -	- -	- -	- -
Long-Term Debt/Capital (%)	-6.58	-1.31	- -	56.16	84.32	135.08	203.33	357.14	918.87
Long-Term Debt/Total Assets (%)	14.14	2.4	- -	43.67	65.11	93.39	124.69	117.48	107.23
Total Debt/Equity (%)	-7.75	-3.59	- -	145.99	697.12	-350.25	-190.36	-134.16	-111.49
Total Debt/Capital (%)	-8.4	-3.72	- -	59.35	87.45	139.96	210.66	392.7	970.5
Total Debt/Total Assets (%)	18.06	6.82	- -	46.15	67.53	96.77	129.19	129.18	113.26
Net Debt to Equity	1.56	9.76	-45.8	-105.42	-95.44	-91.75	-91.23	-65.23	-53.09
Net Debt/Capital (%)	1.54	8.89	-84.49	-168.44	-42.36	118.35	281.32	-804.4	-213.13
EBITDA	-46	-65	-87	-154	-191	-161	-135	-23	9
EBITDA-CapEx	-60	-84	-121	-181	-229	-184	-164	-38	-10
Operating Income (Loss)	-52	-74	-100	-172	-199	-188	-123	-56	-24

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.44	0.7	3.06	2.39	2.22	1.42	0.93	0.69	0.57
Current Ratio	0.72	1.01	3.43	2.84	2.75	1.79	1.25	0.94	0.86
Quick Ratio	0.55	0.78	3.13	2.44	2.27	1.47	1.02	0.75	0.66
CFO/Avg Current Liab	- -	-0.61	-0.53	-1.01	-0.85	-0.46	-0.31	0.12	0.14
Common Equity/Total Assets	-232.98	-190.29	72.49	31.61	9.69	-27.63	-67.86	-96.28	-101.59
Long-Term Debt/Equity (%)	- -	- -	- -	138.15	672.16	- -	- -	- -	- -
Long-Term Debt/Capital (%)	-6.58	-1.31	- -	56.16	84.32	135.08	203.33	357.14	918.87
Long-Term Debt/Total Assets (%)	14.14	2.4	- -	43.67	65.11	93.39	124.69	117.48	107.23
Total Debt/Equity (%)	-7.75	-3.59	- -	145.99	697.12	-350.25	-190.36	-134.16	-111.49
Total Debt/Capital (%)	-8.4	-3.72	- -	59.35	87.45	139.96	210.66	392.7	970.5
Total Debt/Total Assets (%)	18.06	6.82	- -	46.15	67.53	96.77	129.19	129.18	113.26
CFO/Total Liabilities	-15.25	-12.01	-42.57	-32.48	-20.85	-11.65	-8.17	3.23	4.49
CFO/CapEx	-2.73	-2.47	-1.6	-4.99	-3.79	-4	-2.1	1.88	1.99
Altman's Z-Score	- -	- -	6.97	1.45	-0.28	-1.78	-2.88	-2.35	-1.64

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	29.34	41.22	40.01	62.44	60.43	37.33	38.51	36.67
Days Sales Outstanding	- -	12.44	8.86	9.12	5.85	6.04	9.78	9.48	9.95
Inventory Turnover	- -	9.05	7.12	3.5	3.43	4.47	5.31	6.68	6.47
Days Inventory Outstanding	- -	40.32	51.29	104.32	106.5	81.64	68.78	54.68	56.43
Accounts Payable Turnover	- -	12.67	15.5	10.41	23.65	27.64	14.6	15.46	14.34
Accounts Payable Turnover Days	- -	28.81	23.55	35.05	15.43	13.2	25	23.61	25.46
Cash Conversion Cycle	- -	23.95	36.6	78.38	96.91	74.48	53.56	40.54	40.92
Inventory to Cash Days	- -	-27.88	-42.43	-95.19	-100.65	-75.6	-59	-45.2	-46.48
Inventories	7	10	22	42	71	43	22	24	31
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	7	10	22	42	71	43	22	24	31

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	1,562	1,780	995	125	218	1,196	1,930
- Cash & Cash Equivalents	16	34	154	351	418	294	176	172	151
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	14	9	- -	279	510	596	577	547	463
Enterprise Value	- -	- -	1,199	1,704	1,087	427	620	1,571	2,242
Total Capital	-163	-248	337	471	583	426	274	139	48
Total Debt/Capital (%)	-8.4	-3.72	- -	59.35	87.45	139.96	210.66	392.7	970.5
Total Debt / EV	- -	- -	- -	0.16	0.47	1.4	0.93	0.35	0.21
EV/Sales	- -	- -	3.79	5.68	2.32	0.71	1.13	2.62	3.24
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	247.14
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	- -	864	1,746	979	121	212	1,160	1,900
Diluted Enterprise Value	- -	- -	501	1,670	1,070	423	614	1,534	2,212
EV per Share	- -	- -	13.96	19.08	11.69	4.31	5.92	14.12	18.95
TTM Sales	138	214	316	300	468	603	549	600	693
TTM EBITDA	-46	-65	-87	-154	-191	-161	-135	-23	9
TTM Operating Income	-52	-74	-100	-172	-199	-188	-123	-56	-24
TTM Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -

Multiples (USD)

Valuation Multiples API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	-9.76	-10.82	-5.45	-1.06	-2.35	92.09	103.46
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	- -	- -	1,199	1,704	1,087	427	620	1,571	2,242
Low Price	- -	- -	13.07	5.63	9.44	1.1	1.04	1.55	4.65
EV/Sales	- -	- -	3.79	5.68	2.32	0.71	1.13	2.62	3.24
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	247.14
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value	- -	- -	4.63	9.3	13.61	-0.73	-0.72	-2.94	-4.64
Price/Book Value Average	- -	- -	5.01	6.57	23.16	-2.48	-0.63	-0.96	-2.38
Price/Book Value High	- -	- -	7.44	10.13	38.65	-7.37	-1.02	-3	-4.66
Price/Book Value Low	- -	- -	3.33	2.63	12	-0.64	-0.36	-0.42	-1.32
Price/Tangible Book Value	- -	- -	4.63	9.3	13.61	-0.73	-0.72	-2.94	-4.64
Price/Tangible Book Value Average	- -	- -	5.01	6.57	23.16	-2.48	-0.63	-0.96	-2.38
Price/Tangible Book Value High	- -	- -	7.44	10.13	38.65	-7.37	-1.02	-3	-4.66
Price/Tangible Book Value Low	- -	- -	3.33	2.63	12	-0.64	-0.36	-0.42	-1.32
Price/Sales	- -	- -	2.73	5.82	2.09	0.2	0.39	1.93	2.7
Price/Sales Average	- -	- -	2.95	4.11	3.56	0.68	0.34	0.63	1.38
Price/Sales High	- -	- -	4.39	6.34	5.94	2.01	0.55	1.97	2.71
Price/Sales Low	- -	- -	1.96	1.64	1.85	0.17	0.19	0.28	0.77
Price/Cash Flow	- -	- -	-15.85	-12.99	-6.88	-1.32	-3.46	43.21	50.62
Price/Cash Flow Average	- -	- -	-17.13	-9.17	-11.72	-4.47	-3.02	14.13	25.92
Price/Cash Flow High	- -	- -	-25.47	-14.14	-19.55	-13.25	-4.9	44.11	50.8
Price/Cash Flow Low	- -	- -	-11.39	-3.67	-6.07	-1.15	-1.73	6.24	14.43
Price/Free Cash Flow Average	- -	- -	-10.55	-7.64	-9.27	-3.57	-2.04	30.12	52.97
Price/Free Cash Flow High	- -	- -	-15.68	-11.78	-15.47	-10.6	-3.32	94	103.82
Price/Free Cash Flow Low	- -	- -	-7.01	-3.06	-4.8	-0.92	-1.17	13.29	29.5
EV/Sales Average	- -	- -	4.19	3.94	3.82	1.2	1.08	1.27	1.88
EV/Sales High	- -	- -	6.79	6.21	6.24	2.58	1.29	2.66	3.25
EV/Sales Low	- -	- -	2.4	1.42	2.07	0.68	0.93	0.91	1.24
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -	- -	143.32
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -	- -	247.9
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -	- -	95.05
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	- -	- -	18.19	19.93	10.71	1.26	2.08	10.75	16.31
High Price	- -	- -	29.23	21.7	30.4	12.64	2.95	10.98	16.37
Enterprise Value Average	- -	- -	1,325	1,181	1,786	724	592	766	1,300
Enterprise Value High	- -	- -	2,147	1,862	2,918	1,555	710	1,596	2,248
Enterprise Value Low	- -	- -	759	427	969	411	511	547	862

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	83	83	86	89	93	99	105	111	118
Diluted Weighted Avg Shares	63	63	47	88	91	96	102	108	117
Basic Weighted Avg Shares	63	63	47	88	91	96	102	108	115
Revenue per Share	2.2	3.42	6.66	3.42	5.12	6.29	5.4	5.57	6.03
EBITDA per Share	-0.74	-1.03	-1.83	-1.76	-2.09	-1.68	-1.32	-0.22	0.08
Operating Income per Share	-0.83	-1.18	-2.11	-1.96	-2.18	-1.96	-1.21	-0.52	-0.21
Basic EPS, GAAP	-0.84	-1.21	-2.07	-2.01	-2.58	-2.05	-1.65	-1.24	-0.36
Basic EPS from Cont Ops	-0.84	-1.21	-2.07	-2.01	-2.58	-2.05	-1.65	-1.24	-0.36
Diluted EPS, GAAP	-0.84	-1.21	-2.07	-2.01	-2.58	-2.05	-1.65	-1.24	-0.36
Diluted EPS from Cont Ops	-0.84	-1.21	-2.07	-2.01	-2.58	-2.05	-1.65	-1.24	-0.36
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	-0.62	-0.75	-1.15	-1.53	-1.56	-0.95	-0.6	0.25	0.32
Free Cash Flow per Basic Share	-0.84	-1.06	-1.86	-1.84	-1.97	-1.19	-0.89	0.12	0.16
Cash & Equivalents per Share	0.35	0.74	4.23	3.97	4.5	2.96	1.68	1.55	1.28
Book Value per Share	-2.14	-3.12	3.93	2.14	0.79	-1.72	-2.9	-3.66	-3.51
Tangible Book Value per Share	-2.14	-3.12	3.93	2.14	0.79	-1.72	-2.9	-3.66	-3.51