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It's the outlook for the competitive environment that may have shareholders of Rivian (NASDAQ: RIVN) and Lucid (NASDAQ: LCID) worried over Hyundai 's newly announced plan to make a $51 billion investment in EVs and software-defined vehicles over the next three years. Should you invest $1,000 in Rivian Automotive right now?
Etsy: 93% implied upside Etsy runs multiple online marketplaces, including Depop for fashion resale and Reverb for musical instruments. There is no guarantee that shareholders will see 93% returns any time soon, but patient investors who buy this undervalued growth stock today could be well rewarded five years down the road.
Revenue inched up 0.8%, helped by higher fees, but adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) and net income both declined. I'm an Etsy shareholder, and I'm not planning to sell the stock yet, but it does belong in the penalty box after several quarters of flat growth and disappointing results.
Depreciation and amortization was flat year to year as a percent of revenue, down $17 million, reflecting continued capital discipline. Modern Workplace organic revenue declined year to year in the mid-teens impacted by resale revenue, which was down 30%. We returned $138 million of capital to shareholders, repurchasing 6.2
And we returned a record $22 billion in cash to our shareholders, up 45% year on year through dividends, buybacks, and eliminations. Measure on resales, Q4 industrial resales of $173 million declined 27% year on year. This figure excludes $156 million of depreciation. We only expect a recovery in the second half of 2025.
Finally, Q3 industrial resales of $236 million declined 3% year on year, reflecting weak demand in China. And in Q4, though, we expect an improvement with industrial resales up low single-digit percentage year on year, reflecting largely seasonality. This figure excludes 122 million of depreciation. Adjusted EBITDA was 5.8
Finally, Q2 industrial resale of $234 million declined 10% year on year. And for fiscal '24, we now expect industrial resale to be down double-digit percentage year on year, compared to our prior guidance for high single-digit decline. This figure excludes 149 million of depreciation. Adjusted EBITDA was 7.4
But fans were understandably frustrated, especially when they hopped on over to the secondary or resale ticket market and found tickets for, in some cases, thousands of dollars. He had a $139 million pay package that was voted down by shareholders, partly because it didn't quite have the alignment with long-term performance.
And finally, Q1 industrial resales of $215 million declined 6% year on year. In fiscal '24, we continue to expand industrial resales to be down high single digits year upon year. This figure excludes $139 million of depreciation. Excluding transition costs of $226 million in Q1, operating profit of $7.1 Adjusted EBITDA was $7.2
billion in cash to our shareholders through dividends and stock buybacks. Industrial resales were 962 million. In fiscal '24, we expect industrial resales to be down low single digits year on year. This figure excludes 124 million of depreciation. This figure excludes 502 million of depreciation. We returned $13.5
I'm thrilled to be here and look forward to working with all our shareholders and covering analysts going forward. Ultimately, our North Star is to use our depth of inventory to create better outcomes for sellers, buyers and our agents, which, as a function, should translate to better outcomes for Compass and our shareholders.
These gains were partially offset by 40 basis points from higher depreciation and amortization related to investments in production capacity, 40 basis points from higher customization costs given the continued growth of our custom offerings. Obviously, some of the product resale affected mix this year. Thanks for taking my question.
million annual resale transactions in time. million in the same period a year ago and includes noncash charges such as 36 million of noncash stock-based compensation expense and 22 million of depreciation and amortization expense. We recruited over 1,000 new principal agents in 2023. million to 5.5 million, compared to a loss of a 158.1
By relying on artificial intelligence (AI) and machine learning to find attractive values and price them for resale, and operating an online marketplace, Opendoor thinks it can improve the process and offer a better product. Its main service is ibuying, or buying homes in bulk to fix up and resell.
Having those shares available in public will help broaden our shareholders base, and a wider range of our shareholders can support us for medium and long-term perspective. The outlook for capital investment, depreciation and amortization, and R&D expenditures for FY '25 remains unchanged. million units remains unchanged.
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