Revolve Group Files 2024 10-K, Reports on Acquisitions

TL;DR

Revolve Group's 2024 10-K is in. They bought Alexandre Vauthier and have a BoA credit line. Check financials.

AI Summary

Revolve Group, Inc. filed its 2024 10-K on February 25, 2025, reporting on its fiscal year ending December 31, 2024. The company, incorporated in Delaware, operates in the retail catalog and mail-order houses sector. Key events during the reporting period included the acquisition of Alexandre Vauthier on June 19, 2024, and the company's revolving credit facility with Bank of America. The filing covers financial performance and business operations for the fiscal year.

Why It Matters

This filing provides investors with a comprehensive overview of Revolve Group's financial health, strategic initiatives like acquisitions, and operational performance for the past fiscal year, influencing investment decisions.

Risk Assessment

Risk Level: medium — The filing details product concentration risk and mentions equity incentive plans, indicating potential operational and financial risks.

Key Numbers

• FY 2024 — Fiscal Year (Reporting period for the 10-K)
• 2024-12-31 — Fiscal Year End (End date of the reporting period)
• 2025-02-25 — Filing Date (Date the 10-K was submitted to the SEC)

Key Players & Entities

• Revolve Group, Inc. (company) — Filer of the 10-K
• 2024-12-31 (date) — Fiscal year end
• 2025-02-25 (date) — Filing date
• Alexandre Vauthier (company) — Acquired entity
• 2024-06-19 (date) — Date of Alexandre Vauthier acquisition
• Bank of America (company) — Provider of revolving credit facility

FAQ

From the Filing

0000950170-25-026748.txt : 20250225 0000950170-25-026748.hdr.sgml : 20250225 20250225163028 ACCESSION NUMBER: 0000950170-25-026748 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 89 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250225 DATE AS OF CHANGE: 20250225 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Revolve Group, Inc. CENTRAL INDEX KEY: 0001746618 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-CATALOG & MAIL-ORDER HOUSES [5961] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38927 FILM NUMBER: 25663820 BUSINESS ADDRESS: STREET 1: 12889 MOORE ST. CITY: CERRITOS STATE: CA ZIP: 90703 BUSINESS PHONE: (562) 677-9480 MAIL ADDRESS: STREET 1: 12889 MOORE ST. CITY: CERRITOS STATE: CA ZIP: 90703 FORMER COMPANY: FORMER CONFORMED NAME: Revolve Group, LLC DATE OF NAME CHANGE: 20181015 FORMER COMPANY: FORMER CONFORMED NAME: Advance Holdings, LLC DATE OF NAME CHANGE: 20180716 10-K 1 rvlv-20241231.htm 10-K 10-K false 0001746618 FY three years http://fasb.org/us-gaap/2024#UsefulLifeShorterOfTermOfLeaseOrAssetUtilityMember 0001746618 rvlv:DressesMember us-gaap:SalesRevenueNetMember us-gaap:ProductConcentrationRiskMember 2023-01-01 2023-12-31 0001746618 rvlv:BankOfAmericaNAMember us-gaap:RevolvingCreditFacilityMember 2023-05-11 0001746618 2024-06-01 2024-06-30 0001746618 rvlv:FulfilmentExpenseMember 2023-01-01 2023-12-31 0001746618 us-gaap:SalesRevenueNetMember us-gaap:ProductConcentrationRiskMember 2023-01-01 2023-12-31 0001746618 rvlv:TwoThousandThirteenAndTwoThousandNineteenEquityIncentivePlanMember 2024-01-01 2024-12-31 0001746618 rvlv:AlexandreVauthierAcquisitionMember 2024-06-19 2024-06-19 0001746618 us-gaap:RestrictedStockUnitsRSUMember us-gaap:CommonClassAMember rvlv:TwoThousandNineteenEquityIncentivePlanMember 2023-01-01 2023-12-31 0001746618 rvlv:FashionApparelMember 2023-01-01 2023-12-31 0001746618 rvlv:BankOfAmericaNAMember us-gaap:RevolvingCreditFacilityMember 2024-12-31 0001746618 rvlv:BankOfAmericaNAMember us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember us-gaap:RevolvingCreditFacilityMember srt:MinimumMember 2023-05-11 2023-05-11 0001746618 us-gaap:CommonClassAMember rvlv:TwoThousandNineteenEquityIncentivePlanMember 2019-06-30 0001746618 rvlv:DressesMember 2023-01-01 2023-12-31 0001746618 rvlv:DressesMember 2024-01-01 2024-12-31 0001746618 us-gaap:AccountingStandardsUpdate202307Member 2024-12-31 0001746618 rvlv:EmployeeStockOptionsAndRestrictedStockUnitsRSUMember rvlv:CommonClassAAndClassBMember 2023-01-01 2023-12-31 0001746618 us-gaap:CommonClassAMember 2024-12-31 0001746618 srt:MinimumMember 2024-12-31 0001746618 us-gaap:RestrictedStockUnitsRSUMember us-gaap:CommonClassAMember rvlv:TwoThousandNineteenEquityIncentivePlanMember 2024-12-31 0001746618 rvlv:BreakageOnStoreCreditAndGiftCardsMember 2022-01-01 2022-12-31 0001746618 srt:MinimumMember rvlv:EquipmentAndFixturesAndLeaseholdImprovementsMember 2024-12-31 0001746618 us-gaap:SalesRevenueNetMember us-gaap:ProductConcentrationRiskMember rvlv:FashionApparelMember 2023-01-01 2023-12-31 0001746618 us-gaap:RestrictedStockUnitsRSUMember rvlv:TwoThousandNineteenEquityIncentivePlanMember 2024-12-31 0001746618 us-gaap:DomesticCountryMember 2024-12-31 0001746618 rvlv:RestOfTheWorldMember 2024-01-01 2024-12-31 0001746618 2022-12-31 0001746618 us-gaap:RetainedEarningsMember 2024-12-31 0001746618 rvlv:CapitalizedSoftwareMember 2024-12-31 0001746618 us-gaap:SalesRevenueNetMember us-gaap:ProductConcentrationRiskMember rvlv:BeautyMember 2024-01-01 2024-12-31 0001746618 rvlv:EmployeeStockOptionsAndRestrictedStockUnitsRSUMember rvlv:CommonClassAAndClassBMember 2022-01-01 2022-12-31 0001746618 us-gaap:GeneralAndAdministrativeExpenseMember 2022-01-01 2022-12-31 0001746618 us-gaap:ShippingAndHandlingMember 2022-01-01 2022-12-31 0001746618 2024-01-01 2024-12-31 0001746618 us-gaap:CommonStockMember 2022-12-31 0001746618 rvlv:Bea