LightInTheBox Holding Co., Ltd.
Key statistics
from XBRL data in SEC filingsAI briefing
from the latest 10-K, 10-Q and 8-K eventsLightInTheBox Holding Co., Ltd. is a Singapore-based, NYSE-listed online retail company selling products globally through its own platforms and marketplaces.
What they do
LightInTheBox operates as an e-commerce retailer, primarily targeting international consumers with a wide range of products including apparel, electronics, and home goods. It sources goods directly from manufacturers and sells them via its own websites and third-party marketplaces. The company is headquartered in Singapore and serves customers primarily in Europe and the Americas.
Revenue drivers
- Product sales — Core revenue from selling goods directly to consumers; total revenue was $224.3M in 2025.
- Geographic markets (Europe, Americas) — Sales are generated mainly from these regions, though the filing does not break out segment revenue.
Recent performance
Revenue fell from $255.3M in 2024 to $224.3M in 2025, a decline of about 12%. The company returned to profitability with net income of $8.3M in 2025 versus a net loss of $2.5M in 2024. Diluted EPS was $0.04 in 2025, up from a loss of $0.01 per share in 2024. Operating cash flow turned positive at $6.2M in 2025, compared to an outflow of $48.2M in 2024. However, the balance sheet shows negative shareholder equity of $4.0M and total liabilities of $76.0M against total assets of $72.0M.
Strategy
The company has focused on improving profitability and cash flow after a period of steep revenue decline. It has not disclosed specific strategic initiatives beyond ongoing operations. Management appears to prioritize cost control and operational efficiency, as evidenced by the swing to net income in 2025.
Risks
- Revenue contraction — Revenue has fallen sharply from $629.4M in 2023 to $224.3M in 2025, indicating a significant loss in scale.
- Negative equity — Shareholder equity is -$4.0M, which could raise going-concern or liquidity questions.
- Dependence on international markets — Sales rely on overseas consumers, exposing the company to trade, tariff, and currency risks.
- Intense competition — The online retail space is highly competitive, with pressure from larger global e-commerce players.
Outlook
Management has not provided specific forward guidance in the provided excerpts. The company appears focused on sustaining the recent return to profitability and positive cash flow. Near-term priorities likely include managing costs and stabilizing revenue, though no detailed plans were disclosed.