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Vimeo, Inc.

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19
   10-K10-K10-K10-K
Revenues:  
    Other  89.093.287.5 
    Vimeo Enterprise  39.323.26.2 
    Self-Serve & Add-Ons  304.7275.3189.4 
    All other countries  212.3194.1143.4 
Total revenues  433.0391.7283.2196.0
            Revenue growth   [+]10.6%38.3%44.5% 
Cost of goods sold  103.6102.589.177.7
Gross profit  329.4289.1194.1118.4
            Gross margin  76.1%73.8%68.5%60.4%
Selling, general and administrative   [+]277.4237.8155.5121.5
Research and development  127.7105.664.246.9
Other operating expenses  -4.2   
EBITDA   [+]-71.5-54.2-25.6-50.1
            EBITDA margin  -16.5%-13.8%-9.0%-25.6%
Depreciation  2.20.90.50.5
EBITA  -73.7-55.2-26.0-50.6
            EBITA margin  -17.0%-14.1%-9.2%-25.8%
Amortization of intangibles  5.15.814.79.7
EBIT   [+]-78.8-61.0-40.8-60.3
            EBIT margin  -18.2%-15.6%-14.4%-30.7%
Non-recurring items  4.2   
Interest expense, net   [+]-3.4-0.4-9.1-8.5
Other income (expense), net  1.98.7-18.2-23.5
Pre-tax income  -77.7-51.9-49.8-75.2
Income taxes  1.90.80.80.3
Net income  -79.6-52.8-50.6-75.6
            Net margin  -18.4%-13.5%-17.9%-38.6%
   
Basic EPS   [+]($0.49)($0.33)($0.32)($0.47)
Diluted EPS   [+]($0.49)($0.33)($0.32)($0.47)
   
Dividends per share   [+]  $0.22 
   
Shares outstanding (basic)   [+]161.5159.9159.4159.4
Shares outstanding (diluted)   [+]161.5159.9159.4159.4
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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