$FVRR (-2,32 %)
🔹 Adj. EPS: $0.64 (Est. $0.61) 🟢
🔹 Revenue: $103.7M (Est. $101.40M) 🟢; UP +13.3% YoY
🔹 Adj. EBITDA: $20.7M (Est. $20.81M) 🟡; UP +28% YoY
🔹 Free Cash Flow: $29.6M (Est. $35.50M); UP +8.1% YoY
Q1'25 Guidance:
🔹 Revenue: $103.5M-$108.5M (Est. $102.19M) 🟢; UP +11-16% YoY
🔹 Adj. EBITDA: $18M-$20M (Est. $20.66M) 😐
FY'25 Guidance:
🔹 Revenue: $422M-$438M (Est. $418.69M) 🟢; UP +8-12% YoY
🔹 Adj. EBITDA: $82M-$90M (Est. $87.53M) 🟡
Q4'24 Segment Performance:
🔹 Marketplace Revenue: $73.5M; DOWN -4.0% YoY
🔹 Services Revenue: $30.2M; UP +102.1% YoY
Other Q4'24 Key Metrics:
🔹 Annual Active Buyers: 3.6M; DOWN -10% YoY
🔹 Annual Spend per Buyer: $302 (Est. $302) 🟡; UP +9% YoY
🔹 Marketplace Take Rate: 27.6%; UP +20 bps YoY
🔹 Non-GAAP Gross Margin: 84.0% (Est. 84.35%) 🟡; DOWN -60 bps YoY
🔹 Adj. EBITDA Margin: 20.0%; UP +240 bps YoY
Announcements & Strategic Updates:
🔸 Launched Fiverr Go, an AI platform for creators in select categories (e.g., graphic design, voiceover)
🔸 Introduced Freelancer Equity Program, granting shares to top performers
🔸 Expanded upmarket with Fiverr Pro multi-tier subscriptions and Team Accounts
Management Commentary:
🔸 "We delivered strong results for 2024, finishing the year well ahead of our initial targets, with double-digit revenue growth and robust margins," said Micha Kaufman, Founder and CEO. "Our latest launch, Fiverr Go, allows our talent community to build their own creation models and take their business to the next level."
🔸 "Throughout 2024 we successfully exceeded expectations on both top and bottom lines," added Ofer Katz, President and CFO. "Our guidance for 2025 reflects our optimism as we expect to maintain momentum in Services revenue and lead in AI innovation."
