LegalZoom delivered a strong performance in Q4 2024, with revenue increasing by 2% year-over-year to $161.7 million and net income rising by 74% to $12.9 million. Adjusted EBITDA also saw significant growth, up 32% to $44.2 million, reflecting improved operating efficiencies. The company's subscription revenue continued its upward trend, contributing to overall growth.
Total revenue for Q4 2024 increased by 2% year-over-year to $161.7 million.
Net income for Q4 2024 grew by 74% year-over-year to $12.9 million, with a net income margin of 8%.
Adjusted EBITDA for Q4 2024 was $44.2 million, a 32% increase year-over-year, with an Adjusted EBITDA margin of 27%.
Subscription revenue for Q4 2024 was $108.7 million, up 2% year-over-year, driven by the addition of 0.2 million net new subscription units over the trailing twelve months.
For the first quarter ending March 31, 2025, LegalZoom expects revenue to be in the range of $175 million to $179 million and Adjusted EBITDA to be in the range of $33 million to $36 million. For the full year ending December 31, 2025, the company anticipates approximately 5% year-over-year revenue growth and an Adjusted EBITDA margin of approximately 23%.
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