LegalZoom reported a 15% year-over-year increase in revenue to $154.2 million for Q1 2022. Subscription revenue grew by 29% year-over-year. The company had $247.5 million in cash and no debt outstanding as of March 31, 2022.
Revenue increased by 15% year-over-year, reaching $154.2 million.
Subscription revenue grew by 29% year-over-year, totaling $84.4 million.
The company launched the first iteration of its segmented line-up formation experience and announced a new partnership with Wix.
LegalZoom had $247.5 million in cash with no debt outstanding.
Free cash flow was $8.8 million.
LegalZoom provided guidance for Q2 2022 and maintained its full-year 2022 guidance.
Visualization of income flow from segment revenue to net income
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