EverQuote reported a 5% increase in fourth-quarter revenue to $102.1 million, driven by a 50% increase in non-auto insurance verticals and a 281% increase in health DTCA revenue. The company's net loss increased to $8.5 million, and adjusted EBITDA decreased to $0.5 million.
Total revenue increased by 5% year-over-year to $102.1 million.
Non-auto insurance verticals revenue increased by 50% year-over-year.
Health DTCA revenue increased by 281% year-over-year to $14.5 million.
Quote request growth of 24.5%, driven by the strength of traffic operations.
EverQuote anticipates first quarter 2022 revenue of $101 - $103 million, variable marketing margin of $32.0 - $33.5 million, and adjusted EBITDA of $0 - $1.5 million. For the full year 2022, the company anticipates revenue of $420 - $430 million, variable marketing margin of $128 - $134 million, and adjusted EBITDA of $0 - $5 million.
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