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Dec 31, 2022

Zeta Global Q4 2022 Earnings Report

Zeta Global's Q4 2022 financial results were announced, showcasing record revenue and exceeding expectations.

Key Takeaways

Zeta Global announced record fourth-quarter results, with revenue reaching $175 million, a 30% year-over-year increase. The company's performance was driven by its competitive position and the increasing importance of data and AI in the marketing landscape.

Total revenue reached $175 million, a 30% increase year-over-year.

Scaled Customer count increased by 14% year-over-year.

Quarterly Scaled Customer ARPU increased by 15% year-over-year to $424,000.

GAAP net loss was $52 million, influenced by $68 million in stock-based compensation.

Total Revenue
$175M
Previous year: $135M
+29.7%
EPS
-$0.36
Previous year: -$0.46
-21.7%
Scaled Customer ARPU
$424K
Previous year: $369K
+15.0%
Gross Profit
$109M
Previous year: $85.8M
+27.2%
Cash and Equivalents
$121M
Previous year: $104M
+16.6%
Free Cash Flow
$13.8M
Previous year: $18.3M
-24.7%
Total Assets
$467M
Previous year: $397M
+17.4%

Zeta Global

Zeta Global

Zeta Global Revenue by Segment

Forward Guidance

Zeta anticipates revenue between $149 million and $151 million for the first quarter of 2023, representing an 18% to 20% year-over-year increase, and adjusted EBITDA between $22.4 million and $22.7 million, representing a 19% to 21% year-over-year increase.

Positive Outlook

  • Revenue of $149 million to $151 million, representing a year-over-year increase of 18% to 20%.
  • Adjusted EBITDA of $22.4 million to $22.7 million, representing a year-over-year increase of 19% to 21%.
  • Adjusted EBITDA margin of 14.8% to 15.2%.
  • Revenue of $686 million to $696 million, representing a year-over-year increase of 16% to 18% for full year 2023.
  • Adjusted EBITDA of $116.5 million to $118.3 million, representing a year-over-year increase of 26% to 28% for full year 2023.

Revenue & Expenses

Visualization of income flow from segment revenue to net income