Vimeo, Inc.
Description
Vimeo, Inc., together with its subsidiaries, provides video software solutions worldwide. It provides the video tools through a software-as-a-service model, which enables its users to create, collaborate, and communicate with video on a single platform. The company also offers over-the-top OTT streaming and monetization services; AI-driven video creation and editing tools; and interactive and shoppable video tools. It serves large organizations, small businesses, creative professionals, marketers, and digital agencies. The company was founded in 2004 and is headquartered in New York, New York.
About
CEO
Mr. Philip D. Moyer
Employees
1,070
Instrument type
Common Stock
Sector
Technology
Industry
Software - Application
MIC code
XNGS
Address
330 West 34th Street, New York, NY 10001, United States
×
Oscillators
Invalid data format
Summary
Invalid data format
Moving Averages
Invalid data format
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Nov 4, 2025 | — | — | — | — |
| Aug 5, 2025 | — | — | — | — |
| May 6, 2025 | — | — | — | — |
| Feb 20, 2025 | 0.01 | — | — | — |
| Nov 5, 2024 | 0.01 | 0.05 | 0.04 | 400.00% |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Next Year
(Dec 2025)
|
|||
|---|---|---|---|---|
| Number of analysts | — | 0 | — | 1 |
| Average estimate | — | 0.00 | — | 0.39 |
| Low estimate | — | 0.00 | — | 0.39 |
| High estimate | — | 0.00 | — | 0.39 |
| Last year EPS | — | — | — | 0.38 |
[stock_revenue_estimate]
Growth estimates
Current qtr
-7.730%
Next qtr. (Mar 2025)
—
Current year
71.710%
Next year (Dec 2025)
2.630%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Analyst Ratings
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| Dec 10, 2024 |
Piper Sandler
Thomas Champion
|
Upgrade | Overweight | ▲ Raises $7 → $10 |
| Nov 5, 2024 |
TD Cowen
John Blackledge
|
Maintains | Hold | ▲ Raises $6 → $7 |
| Nov 5, 2024 |
Truist Securities
Youssef Squali
|
Maintains | Buy | ▲ Raises $7 → $9 |
| Nov 5, 2024 |
Piper Sandler
Thomas Champion
|
Reiterates | Neutral | ▲ Raises $5 → $7 |
| Aug 6, 2024 |
Piper Sandler
Thomas Champion
|
Maintains | Neutral | ▲ Raises $4.5 → $5 |
| Aug 6, 2024 |
Truist Securities
Youssef Squali
|
Maintains | Buy | ▲ Raises $6 → $7 |
| May 7, 2024 |
Piper Sandler
Thomas Champion
|
Reiterates | Neutral | ▲ Raises $4 → $4.5 |
| Jan 5, 2024 |
Jefferies
Brent Thill
|
Downgrade | Hold | ▼ Lowers $7 → $4 |
| Jan 19, 2023 |
Wells Fargo
Brian Fitzgerald
|
Maintains | Overweight | ▼ Lowers $10 → $7.25 |
| May 6, 2022 |
Piper Sandler
Thomas Champion
|
Downgrade | Neutral | ▼ Lowers $18 → $10 |
| Feb 14, 2022 |
Wells Fargo
Brian Fitzgerald
|
Maintains | Overweight | ▼ Lowers $33 → $20 |
| Feb 11, 2022 |
Piper Sandler
Thomas Champion
|
Maintains | Overweight | ▼ Lowers $33 → $18 |
| Jan 3, 2022 |
JP Morgan
|
Initiates | Neutral | — |
| Nov 5, 2021 |
Cowen & Co.
|
Downgrade | Market Perform | — |
| Sep 22, 2021 |
Wells Fargo
|
Initiates | Overweight | — |
| Jul 22, 2021 |
JP Morgan
|
Initiates | Neutral | — |
| Jul 21, 2021 |
BMO Capital
|
Initiates | Market Perform | — |
| Jun 3, 2021 |
Piper Sandler
|
Initiates | Overweight | — |
| Jun 2, 2021 |
Jefferies
|
Initiates | Buy | — |
| Jun 2, 2021 |
Cowen & Co.
|
Initiates | Outperform | — |
| May 26, 2021 |
Truist Securities
|
Initiates | Buy | — |
| May 25, 2021 |
Keybanc
|
Initiates | Sector Weight | — |
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 417.21M | 433.03M | 391.68M | 283.22M | 196.02M |
| Cost of revenue | 91.58M | 103.60M | 102.54M | 89.08M | 77.67M |
| Gross profit | 325.64M | 329.43M | 289.14M | 194.14M | 118.35M |
| Operating expense | |||||
| Research & development | 107.07M | 127.66M | 105.59M | 64.24M | 46.95M |
| Selling general and admin | 200.68M | 277.41M | 237.80M | 155.48M | 121.53M |
| Other operating expenses | — | — | — | — | — |
| Operating income | 13.05M | -82.94M | -61.02M | -40.78M | -60.25M |
| Non operating interest income | |||||
| Income | 12.64M | 3.87M | 83,000 | 12,000 | — |
| Expense | 998,000 | 491,000 | 1.16M | 9.12M | 8.54M |
| Other income expense | 222,000 | 1.90M | 10.16M | 81,000 | -6.44M |
| Pretax income | 24.91M | -77.67M | -51.94M | -49.80M | -75.23M |
| Tax provision | 2.88M | 1.93M | 828,000 | 828,000 | 345,000 |
| Net income | 22.03M | -79.59M | -52.77M | -50.63M | -75.58M |
| Basic EPS | 0.13 | -0.49 | -0.33 | -0.31 | -0.46 |
| Diluted EPS | 0.13 | -0.49 | -0.33 | -0.31 | -0.46 |
| Basic average shares | 163.24M | 161.48M | 159.88M | 164.25M | 164.25M |
| Diluted average shares | 163.24M | 161.48M | 159.88M | 164.25M | 164.25M |
| EBITDA | 30.52M | -71.77M | -54.16M | -25.06M | -56.56M |
| Net income from continuing op. | 22.03M | -79.59M | -52.77M | -50.63M | -75.58M |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | 469,000 | — | — | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 622.92M | 605.43M | 649.36M | 371.08M | 271.50M |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 301.37M | 274.50M | 321.90M | 110.01M | 1.94M |
| Other short term investments | — | — | — | — | — |
| Accounts receivable | 26.61M | 31.43M | 29.45M | 12.79M | 9.90M |
| Other receivables | — | — | — | — | — |
| Inventory | — | — | — | — | — |
| Prepaid assets | 14.40M | 12.50M | 11.38M | 4.03M | 2.88M |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | 9.10M | 5.89M | 7.43M | 3.91M | 1.85M |
| Non current assets | |||||
| Properties | — | — | — | — | — |
| Land and improvements | — | — | — | — | — |
| Machinery furniture equipment | 550,000 | 807,000 | 961,000 | 757,000 | 1.21M |
| Construction in progress | — | — | — | — | — |
| Leases | 761,000 | 1.33M | 3.50M | 3.28M | 3.03M |
| Accumulated depreciation | -704,000 | -784,000 | -1.59M | -712,000 | -1.25M |
| Goodwill | 493.44M | 496.28M | 496.18M | 449.53M | 464.35M |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 2.63M | 5.47M | 11.01M | 10.85M | 25.60M |
| Investments and advances | — | — | — | — | — |
| Other non current assets | 22.81M | 28.88M | 22.74M | 6.84M | 5.30M |
| Total liabilities | 240.69M | 251.57M | 278.77M | 286.00M | 247.87M |
| Current liabilities | |||||
| Accounts payable | 4.70M | 8.42M | 17.50M | 3.32M | 1.49M |
| Accrued expenses | 26.05M | 35.23M | 37.88M | 28.55M | 10.74M |
| Short term debt | — | — | — | 44.57M | 59.75M |
| Deferred revenue | 168.61M | 167.39M | 173.17M | 137.44M | 83.94M |
| Tax payable | — | — | — | — | — |
| Pensions | 27.52M | 21.92M | 23.08M | 18.88M | 9.09M |
| Other current liabilities | — | — | — | 23.60M | 23.46M |
| Non current liabilities | |||||
| Long term debt | — | — | — | 50.00M | 37.71M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | — | — | — | — | — |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | 13.81M | 18.62M | 20.71M | 3.24M | 4.11M |
| Shareholders equity | |||||
| Common stock | 1.68M | 1.67M | 1.66M | 1.50M | 1.41M |
| Retained earnings | -393.34M | -415.37M | -335.78M | -283.01M | -201.30M |
| Other shareholders equity | -699,000 | -831,000 | -86,000 | -87,000 | -232,000 |
| Total shareholders equity | 382.23M | 353.86M | 370.60M | 85.08M | 23.63M |
| Additional paid in capital | 774.59M | 768.39M | 704.80M | 366.68M | 223.75M |
| Treasury stock | — | — | — | — | — |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 22.03M | -79.59M | -52.77M | -50.63M | -75.58M |
| Depreciation | 4.84M | 7.30M | 6.77M | 15.20M | 10.13M |
| Deferred Taxes | — | — | — | — | — |
| Stock-Based Compensation | 12.04M | 64.34M | 44.89M | 11.67M | 5.29M |
| Other Non-Cash Items | 5.78M | 5.54M | 4.43M | 4.54M | 3.46M |
| Accounts Receivable | 1.08M | -13.03M | -19.20M | -7.41M | -1.47M |
| Accounts Payable | -7.74M | -23.76M | 13.95M | -12.78M | 7.52M |
| Other Assets & Liabilities | 4.13M | -2.39M | 36.70M | 52.58M | 15.98M |
| Operating Cash Flow | 42.15M | -41.59M | 34.76M | 13.18M | -34.66M |
| Investing Activities | |||||
| Capital Expenditures | — | — | — | — | — |
| Net Intangibles | — | — | — | — | — |
| Net Acquisitions | — | 21,000 | -14.24M | 500,000 | -168.14M |
| Purchase of Investments | — | — | — | — | — |
| Sale of Investments | — | — | — | 288,000 | 2.22M |
| Investing Cash Flow | 639,000 | 1.63M | -6.38M | 1.17M | -167.18M |
| Financing Activities | |||||
| Long-Term Debt Issuance | — | — | — | 32.56M | 32.25M |
| Long-Term Debt Payments | — | — | -94.57M | -35.46M | — |
| Other Financing Charges | -12.45M | -10.61M | -5.49M | -10.13M | -266,000 |
| Financing Cash Flow | -12.45M | -10.61M | 199.69M | 93.87M | 200.46M |
| Other Cash Details | |||||
| End Cash Position | 301.44M | 274.83M | 322.35M | 110.04M | 1.96M |
| Income Tax Paid | 1.43M | 1.34M | 801,000 | 957,000 | — |
| Interest Paid | 151,000 | 203,000 | 5.06M | 10.65M | — |
| Free Cash Flow | 37.68M | -37.87M | 15.51M | 13.02M | -29.98M |
Top Institutional Holders
| Holder | Date Reported | Shares | Value | % Held |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | Sep 30, 2024 | 4,777,276 | 32.58M | 3.05% |
| Price (T.Rowe) Small Cap Stock Fund | Sep 30, 2024 | 4,699,545 | 32.05M | 3.00% |
| iShares Russell 2000 ETF | Nov 30, 2024 | 4,279,229 | 29.18M | 2.74% |
| Vanguard Small-Cap Index Fund | Sep 30, 2024 | 3,528,666 | 24.07M | 2.26% |
| Price (T.Rowe) U.S. Small-Cap Core Equity Trust | Sep 30, 2024 | 2,308,735 | 15.75M | 1.48% |
| Price (T.Rowe) Institutional Small-Cap Stock Fund | Sep 30, 2024 | 2,312,900 | 15.77M | 1.48% |
| Vanguard Extended Market Index Fund | Sep 30, 2024 | 2,257,171 | 15.39M | 1.44% |
| Fidelity Small Cap Index Fund | Oct 31, 2024 | 1,515,674 | 10.34M | 0.97% |
| iShares Russell 2000 Value ETF | Nov 30, 2024 | 1,463,013 | 9.98M | 0.94% |
| Vanguard Explorer Fund, Inc. | Oct 31, 2024 | 1,193,598 | 8.14M | 0.76% |
Article
Vimeo to Report Q4 2024 Earnings and Host Earnings Video Event on February 19, 2025
NEW YORK, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Vimeo, Inc. (NASDAQ: VMEO) today announced the date for its fourth quarter and fiscal year 2024 earnings report and earnings video event. After the close of market trading on Wednesday, February 19, 2025, Vimeo will post its results on the Investor Relations section of its website at https://www.vimeo.com/investors . On the same day, at 5:00 p.m. ET, Vimeo will livestream a video conference to answer questions. The live stream and replay of the video will be accessible to the public at https://www.vimeo.com/investors .
GlobeNewsWire
Neutral
Feb 3, 2025
Article
Vimeo wins US appeal to defeat record labels' copyright lawsuit
Video streaming site Vimeo fended off an appeal on Monday from units of record labels Universal Music Group and Sony Music in a long-running U.S. copyright dispute over alleged piracy on Vimeo's platform.
Reuters
Positive
Jan 13, 2025
Article
Vimeo Appoints Javier Ortega Estrada as Chief Revenue Officer
NEW YORK, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Vimeo (NASDAQ: VMEO), the world's most innovative video experience platform for creators and enterprises, today announced the appointment of Javier Ortega Estrada as Chief Revenue Officer (CRO). Ortega Estrada, who leads global sales and revenue, will work across the company to ensure positive customer experiences in Vimeo's continued mission of retaining Vimeo users which will translate to increased revenue streams.
GlobeNewsWire
Neutral
Jan 7, 2025