Professional
Added to YB: 2025-02-24
Pitch date: 2025-01-21
TDUP [bullish]
ThredUp Inc.
+304.42%
current return
Author Info
Optimist Fund is a concentrated, global growth-oriented value investment partnership Follow on Twitter/X.
Company Info
ThredUp Inc., together with its subsidiaries, operates an online resale platform in the United States.
Market Cap
$1.3B
Pitch Price
$2.26
Price Target
19.00 (+101%)
Dividend
N/A
EV/EBITDA
-370.89
P/E
-41.12
EV/Sales
4.56
Sector
Specialty Retail
Category
growth
Optimist Fund Portfolio Holding: ThredUp Inc.
TDUP: Leading US second-hand clothing marketplace. Q4 beat w/ 9% rev growth, 6.5% adj EBITDA margin. Expect high-teens rev growth, 25-30% incr. EBITDA margins next 5yrs. $100M FCF by 2030. $19 5yr PT (700% upside). Resolved EU divestiture & marketing issues. Strong momentum into 2025.
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