Newegg Commerce reports 1H results

* Newegg Commerce press release [https://seekingalpha.com/pr/20208868-newegg-announces-first-half-2025-results] (NASDAQ:NEGG [https://seekingalpha.com/symbol/NEGG]): 1H Revenue of $695.67M (+12.5% Y/Y).
* GMV (defined below) increased 13.7% to $849.1 million for the six months ended June 30, 2025, compared to $746.7 million for the six months ended June 30, 2024.
* Net loss was $4.2 million for the six months ended June 30, 2025, compared to $25.0 million for the six months ended June 30, 2024.
* Adjusted EBITDA (defined below) was $11.3 million for the six months ended June 30, 2025, an increase of $18.6 million, compared to negative $7.3 million for the six months ended June 30, 2024.
* Average order value was $467 for the six months ended June 30, 2025, compared to $401 for same period in the prior year.
* Active customers, defined as unique customer IDs with at least one item purchased on Newegg platforms in the past six months, totaled approximately 1.13 million as of June 30, 2025, compared to 1.09 million for the same period in the prior year.
* Repeat purchase rate, which is the percentage of active customers who made at least two purchases on Newegg platforms during the past six months, was 25.2% as of June 30, 2025, compared to 23.0% for the same period in the prior year.

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