LITBNYSERetail-Catalog & Mail-Order HousesUS GAAP · USD

LightInTheBox Holding Co., Ltd.

LightInTheBox Holding Co., Ltd. is a global direct-to-consumer e-commerce company that sells lifestyle and apparel products through an online platform. It also provides a related suite of e-commerce services, including advertising, supply chain management, payment processing, fulfillment, and shipping solutions, and operates from Singapore with a U.S. listing structure.

Kysy yhtiöstä
Liikevaihto224milj. USD
−12,1 %v/v
Liikevoitto (EBIT)8,0milj. USD
+459,2 %v/v
EBIT-marginaali3,6%
+4,4 %-yks.v/v
Nettotulos8,3milj. USD
+432,6 %v/v
Vapaa kassavirta6,2milj. USD
+112,6 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−2000200400600800milj. USD2020: 398 milj. USD2020: EBIT 3,9 milj. USD20202021: 446 milj. USD2021: EBIT −16 milj. USD20212022: 504 milj. USD2022: EBIT −14 milj. USD20222023: 629 milj. USD2023: EBIT −10 milj. USD20232024: 255 milj. USD2024: EBIT −2,2 milj. USD20242025: 224 milj. USD2025: EBIT 8,0 milj. USD20252248,0
LiikevaihtoLiikevoitto (EBIT)
Kysy Clarifolta: LightInTheBox Holding Co., Ltd.

Liiketoiminta

Osuus liikevaihdosta
DTC e-commerce merchandise65 %

Online sale of lifestyle, fashion, and other consumer products to end buyers.

Own-brand apparel20 %

Apparel sold under company-controlled brands such as Ador.

E-commerce services15 %

Advertising, payment, fulfillment, and logistics services for merchants.

Tuotteet

Raportoitu · osuus liikevaihdosta
96,2%FY2025100 %
  • Products96,2 %
  • Services3,8 %

Lähde: 20-F FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

The core customers are individual consumers buying lifestyle and apparel products through the company’s online channels. A second customer group is e-commerce businesses that use its support services such as advertising, payments, fulfillment, and delivery. The consumer side is driven by product discovery, value, and personalization, while the services side is driven by operational efficiency and access to outsourced e-commerce capabilities.

Global online consumers

Buy fashion and lifestyle products through the company’s DTC platform for convenience, selection, and personalization.

Apparel buyers

Purchase company-owned and branded apparel such as Ador for style and brand identity.

E-commerce merchants

Use advertising, payment, fulfillment, and shipping services to operate online stores more efficiently.

Strategia

The company is positioning itself as an AI-enabled consumer platform, using data and automation across merchandising, product development, content creation, marketing, and internal workflows. It is also expanding its own-brand model through apparel labels such as Ador while continuing to offer services that support other e-commerce businesses. These priorities are meant to deepen consumer engagement, improve product differentiation, and broaden the business model beyond pure marketplace retail.

AI-enabled operationsLyhyt aikaväli

AI is intended to improve speed, personalization, and decision-making across the consumer funnel.

Own-brand expansionKeskipitkä aikaväli

Brand-owned products can strengthen differentiation and customer loyalty beyond commodity marketplace offerings.

Broader consumer platform modelKeskipitkä aikaväli

Moving beyond shopping into discovery and personalization can deepen engagement and raise repeat usage.

Maantiede

2025

LightInTheBox serves consumers worldwide and operates as a cross-border e-commerce business rather than a single-market retailer. Its corporate base is in Singapore, while its listing and reporting structure is tied to the United States, and its customer demand is described as global. Geography matters because the business depends on international sourcing, cross-border shipping, and exposure to multiple consumer markets and logistics networks.

North America59 %
Europe28 %
Other countries (US filing)13 %

Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.

Riskit

The business depends on consumer demand, effective product sourcing, and reliable cross-border logistics, so execution risk is high in a fast-moving e-commerce environment. Because the company combines retail, marketing services, and fulfillment activities, it is exposed to platform competition, supply-chain disruption, changing consumer preferences, and regulatory or payment-processing constraints. AI initiatives also create execution risk if investments do not translate into better conversion, lower fulfillment friction, or stronger retention.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Consumer preference volatility1Competitive pressure in e-commerce2Cross-border logistics disruption3AI implementation risk4Payments and merchant-services reliance5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Consumer preference volatilityVaikutus: KorkeaTodennäköisyys: Korkea

    The company’s model relies on fast-moving consumer tastes in apparel and lifestyle products.

    Kohdistuu: Merchandising and own-brand sales

  2. Competitive pressure in e-commerceVaikutus: KorkeaTodennäköisyys: Korkea

    Online retail is fragmented and price-sensitive, which can reduce traffic and conversion.

    Kohdistuu: DTC platform and brand sales

  3. Cross-border logistics disruptionVaikutus: KorkeaTodennäköisyys: Kohtalainen

    International shipping, fulfillment, and customs handling are core to delivery performance.

    Kohdistuu: Order fulfillment and shipping solutions

  4. AI implementation riskVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    The company is integrating AI across multiple functions, but benefits depend on effective execution and data quality.

    KohdistuuMerchandisingMarketingOperations
  5. Payments and merchant-services relianceVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Payment processing and related services depend on third-party rails, compliance, and partner performance.

    Kohdistuu: E-commerce services

Kysy Clarifolta: LightInTheBox Holding Co., Ltd.

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition by stream

Retail product sales and e-commerce services may have different recognition patterns and gross/net presentations.

Vaikutus: Affects reported revenue mix and margin interpretation

Inventory and return reserves

Apparel and lifestyle products require estimates for returns, markdowns, and obsolescence.

Vaikutus: Affects gross profit and inventory carrying value

Foreign-currency translation

Global operations and international sourcing create FX exposure in reported results.

Vaikutus: Affects revenue, costs, and equity translation

Non-GAAP Adjusted EBITDA

Management excludes share-based compensation, D&A, interest, and tax items in this measure.

Vaikutus: Affects operating performance comparison

Samankaltaisia listattuja yhtiöitä

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

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Päivitetty: 28.9.2026

LightInTheBox Holding Co., Ltd. (LITB) liikevaihto, tulos ja tunnusluvut 2025 – Clarifo