Overstock Results Presentation Deck
Q2 2021 Financial Results
Revenue
$794.5 Million
+4% vs. Q2'20
+116% vs. Q2'19
Adjusted EBITDA²
$44.4 Million
-$4.5M / -9% vs. Q2'20
+$46.8M/+1914% vs. Q2'19
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Gross Margin
22.0%
-119 bps vs. Q2'20
+228 bps vs. Q2'19
Diluted EPS
$1.72
Adjusted Diluted EPS³
$0.73
-$0.38 vs. Q2'20
+$1.10 vs. Q2'19
Note: All figures represent results from continuing operations.
1 In Q2'20 we recorded $7.3M in special items that benefited G&A expense. Reported G&A expense in Q2'20 was $49.9M, or 6.5% of revenue.
2 Adjusted EBITDA is a non-GAAP financial measure. See reconciliation in appendix.
3 Excludes the impact of $47M tax valuation allowance release. See reconciliation in appendix.
G&A and Tech % of Revenue
6.7%
-78 bps vs. Q2'20¹
-738 bps vs. Q2'19
Ending Cash
$536.4 Million
+$1.7M vs. Q1'21
+$235.7M vs. Q2'20
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