LightInTheBox Holding Co., Ltd., a global specialty retailer, has announced its unaudited financial results for the second quarter ending June 30, 2025. The company reported a net income of $2.0 million, a significant increase from $0.6 million in the same quarter last year, marking its fifth consecutive profitable quarter. Adjusted EBITDA reached $2.3 million, compared with $1.2 million in the same period last year. Total revenues for the first half of 2025 were $105.9 million, reflecting a 25% year-over-year decrease, which the company attributes to its strategic pivot towards margin preservation in a competitive e-commerce environment. Despite this, the decline in Q2 revenue moderated to 15% compared to a 34% decrease in Q1, indicating potential stabilization. Gross profit for the period was reported at $69.4 million, down from $84.7 million last year. However, the company achieved an improved gross margin of 65.6%, up from 60.3% in 2024, driven by the introduction of higher-margin proprietary product lines. The company has extended its share repurchase program, originally authorized to repurchase up to $0.7 million of its ordinary shares, through December 31, 2025. As of September 5, 2025, the company has repurchased 174,999 ADSs, totaling approximately $0.3 million. LightInTheBox anticipates a return to revenue growth in early 2026, as it continues to scale distribution channels, enhance brand awareness, and deepen customer loyalty, positioning itself for sustainable growth in the direct-to-consumer apparel market.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LightInTheBox Holding Co. Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-088463), on September 09, 2025, and is solely responsible for the information contained therein.
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