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Dec 31, 2022
Vimeo Q4 2022 Earnings Report
Vimeo's Q4 2022 results showcased growth in Vimeo Enterprise bookings and positive Adjusted EBITDA and Free Cash Flow.
Key Takeaways
Vimeo's Q4 2022 saw a 1% decrease in revenue year-over-year to $105.6 million, but Vimeo Enterprise grew 35%. The company achieved positive Adjusted EBITDA of $6.5 million and Free Cash Flow of $1.9 million. Vimeo Enterprise bookings grew 59% year-over-year, while Self-Serve & Add-Ons bookings were down 5%.
Revenue decreased 1% year-over-year to $105.6 million.
Vimeo Enterprise bookings grew 59% year-over-year.
Adjusted EBITDA profit was $6.5 million, a $14.1 million improvement from Q4 2021.
Free Cash Flow was $1.9 million, or 2% of revenue.
Revenue by Segment
Forward Guidance
For Q1 2023, Vimeo expects revenue to be at least $100 million, GAAP operating loss of approximately $26 million, and Adjusted EBITDA to be around breakeven. For full-year 2023, Vimeo expects a mid-single digit percent decline in revenue, GAAP operating loss between $79 million and $74 million, and Adjusted EBITDA between $5 million and $10 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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