Vimeo Inc (VMEO) shares have dropped -21.53% at $10.86 in Wednesday’s after-hours session. VMEO stock added 4.69% to finish the last trading session at $13.84. The stock recorded a trading volume of 4.4 million shares, which is below the average daily trading volume published for the last 50 days of 2.17 million shares.
The shares of Vimeo Inc have declined -5.21% in the last five days; however, they have lost -11.90% over the last one month. The stock price has shed -43.12% over the last three months. Additionally, Vimeo has a price to cash flow ratio of 102.23 and its price to sales ratio stands at 6.09. VMEO stock lost grounds in extended trades in the aftermath of its financial results.
How VMEO acted in the reported quarter?
Vimeo Inc (VMEO) is the world’s driving across-the-board video programming arrangement. Vimeo stage empowers any expert, group, and association to open the force of video to make, work together and impart. VMEO serves its developing local area north of 230 million clients, from creatives to business visionaries to the world’s biggest organizations.
Vimeo Inc (VMEO) delivered its results for the final quarter and entire year finished December 31, 2021 today. Vimeo independently presented a letter on investors from CEO Anjali Sud on the Investor Relations part of its site at https://investors.vimeo.com/.
Q4 2021 Highlights
- VMEO’s revenue in the detailed quarter expanded 27% year-over-year driven by an 11% increment in supporters and 13% development in ARPU.
- Sales Assisted Revenue developed more than half year-over-year in the final quarter.
- GAAP operating loss posted by Vimeo Inc (VMEO) was $23.6 million, contrasted with GAAP operating loss of $3.7 million in the final quarter of 2020.
- After changes, VMEO’s EBITDA loss was $7.6 million, contrasted with that of $0.7 million in the final quarter of 2020.
- Income of VMEO from was negative $11.6 million, contrasted with negative $5.2 million in the final quarter of 2020.
- Free cash flow at VMEO was negative $11.8 million, contrasted with $5.4 million in the final quarter of 2020.
- VMEO finished the quarter with $321.9 million in real money and money counterparts.
The full Year 2021 Highlights
- Revenue generated by Vimeo Inc in the entire year 2021 expanded 38% year-over-year driven by an 11% increment in endorsers and 18% development in ARPU.
- Entire year Sales-Assisted Revenue of VMEO developed over 70% in the entire year of 2021.
- VMEO’s entire year 2021 GAAP operating loss was $61.0 million, contrasted with GAAP working deficiency of $40.8 million in the entire year of 2020.
Changed EBITDA of Vimeo Inc (VMEO) for the entire year 2021 was a loss of $9.4 million, contrasted with the past entire year’s loss of $13.9 million.
