Rent The Runway Results Presentation Deck
Condensed
Consolidated
Statements of
Operations
(in millions)
Total revenue, net
Fulfillment
Technology
Marketing
General and administrative
Rental product depreciation and revenue share
Other depreciation and amortization
Total costs and expenses
Operating loss
Interest income / (expense), net
1
Gain (loss) on warrant liability revaluation, net
Other income / (expense) and gains / (losses) ¹
Income tax benefit / (expense)
Net loss
Net loss per share attributable to common
stockholders, basic and diluted
Weighted average basic and diluted shares
outstanding
Three
Months
Ended
7/31/22
$76.5
23.4
14.9
9.0
29.6
20.7
4.5
102.1
(25.6)
(9.6)
1.3
$(33.9)
$(0.53)
64.1
Three
Months
Ended
7/31/21
$46.7
13.5
10.5
4.8
21.6
15.0
4.8
70.2
(23.5)
(14.9)
(8.0)
3.9
0.1
$(42.4)
$(3.75)
11.3
Six Months Six Months
Ended
7/31/22
Ended
7/31/21
$143.6
46.3
28.5
17.7
58.8
42.4
8.7
202.4
(58.8)
(18.9)
1.3
$(76.4)
$(1.20)
63.8
$80.2
22.3
20.2
7.4
40.6
31.6
9.9
132.0
(51.8)
(29.4)
(7.5)
3.9
0.1
$(84.7)
$(7.44)
11.4
Year Ended Year Ended
1/31/22 1/31/21
$203.3
61.9
45.3
26.5
104.4
71.7
19.4
329.2
(125.9)
(53.0)
(24.9)
(8.3)
0.3
$(211.8)
$(8.51)
24.9
$157.5
53.0
37.7
8.1
77.2
89.0
23.0
288.0
(130.5)
(46.6)
0.4
5.6
$(171.1)
$(15.36)
11.1
(1) The year ended 1/31/22 primarily includes a $(12.2) million loss on debt extinguishment related to the Ares debt paydown upon the IPO, partially offset by
$4.0 million of insurance claim proceeds. The year ended 1/31/21 includes $5.0 million of insurance claim proceeds, $1.3 million of proceeds from monetization
of tax credits, partially offset by a $(0.6) million loss on debt extinguishment. The three months ended 7/31/22 includes $1.3M of monetized tax credits. The
three months ended 7/31/21 primarily includes $4.0 million of insurance claim proceeds.
RENT THE RUNWAY
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