Highlights of Bidz.com’s fourth quarter and year-end
financial results (ended Dec. 31):
- 4Q net revenue: $29 million, up 5.7%
- 4Q gross profit: $7.2 million, down from $8.1 million in
2009 - 4Q number of new buyers: 54,271, up 19.5%
- 4Q average orders per day: 1,883, up 20.2%
- 4Q average items sold per day: 6,899, down 4.8%
- 4Q average selling price per order: Up 2% to $190
- FY2010 net revenue: $104.8 million, down 5.1%
- FY2010 gross profit: $26.1 million, down from $33.7 million
in 2009 - FY2010 net loss: $1.4 million
For more information on Bidz.com’s financial statement,
click here.
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