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Vimeo, Inc. (VMEO) SEC Filing 10-Q Quarterly Report for the period ending Wednesday, June 30, 2021

Vimeo, Inc.

CIK: 1837686 Ticker: VMEO

Exhibit 99.1
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VIMEO REPORTS Q2 2021 FINANCIAL RESULTS – Q2 REVENUE INCREASES 43% TO $96 MILLION


NEW YORK— August 5, 2021—Vimeo, Inc. (NASDAQ: VMEO) (“Vimeo”) released its second quarter results today. Monthly metrics for Vimeo through July 2021 are included on page 2 of this release.

“The evolution of video as the new way to work continues," said Anjali Sud, Chief Executive Officer of Vimeo. ”In the second quarter we gained momentum in the enterprise with expanded product breadth, as we enhanced our all-in-one software solution to enable every employee to be a content creator and every business to be video-first. Our execution is on track and we are investing strategically to position Vimeo as a long-term winner in this large and early market.”


VIMEO, INC. SUMMARY RESULTS

($ in millions except per share amounts)

Q2 2021Q2 2020Growth
Revenue$96.0$67.343%
Gross profit$70.3$44.458%
Gross margin73 %66 %
Operating income (loss)
(20.3)(12.3)(65)%
Net income (loss)(20.4)(14.8)NM
Diluted EPS(0.13)(0.09)NM
Adjusted EBITDA
(3.8)(5.3)NM

See reconciliation of GAAP to non-GAAP measures beginning on page 7.









1

The following information was filed by Vimeo, Inc. (VMEO) on Thursday, August 5, 2021 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Cover Page
Consolidated Balance Sheet (Unaudited)
Consolidated Balance Sheet (Unaudited) (Parenthetical)
Consolidated Statement Of Cash Flows (Unaudited)
Consolidated Statement Of Comprehensive Operations (Unaudited)
Consolidated Statement Of Operations (Unaudited)
Consolidated Statement Of Shareholders' Equity (Unaudited)
Consolidated Statement Of Shareholders' Equity (Unaudited) (Parenthetical)
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss (Details)
Accumulated Other Comprehensive Loss (Tables)
Contingencies
Contingencies (Details)
Fair Value Measurements
Fair Value Measurements (Details)
Fair Value Measurements (Tables)
Financial Statement Details
Financial Statement Details (Tables)
Financial Statement Details - Accumulated Amortization And Depreciation (Details)
Financial Statement Details - Allowance For Credit Loss (Details)
Financial Statement Details - Other Income (Expense), Net (Details)
Financial Statement Details - Revenue And Long-Lived Assets (Details)
Financial Statement Details - Schedule Of Cash And Restricted Cash (Details)
Income Taxes
Income Taxes (Details)
Loss Per Share
Loss Per Share (Details)
Loss Per Share (Tables)
Related Party Transactions
Related Party Transactions (Tables)
Related Party Transactions - Carrying Value And Fair Value Of Financial Instruments (Details)
Related Party Transactions - Narrative (Details)
Revolving Credit Facility
Revolving Credit Facility (Details)
Shareholders' Equity
Shareholders' Equity (Details)
Stock-Based Compensation
Stock-Based Compensation (Tables)
Stock-Based Compensation - Narrative (Details)
Stock-Based Compensation - Restricted Stock Units (Details)
Stock-Based Compensation - Sars And Options (Details)
The Company And Basis Of Presentation
The Company And Basis Of Presentation (Details)
The Company And Basis Of Presentation (Policies)
Ticker: VMEO
CIK: 1837686
Form Type: 10-Q Quarterly Report
Accession Number: 0001837686-21-000011
Submitted to the SEC: Fri Aug 06 2021 4:05:59 PM EST
Accepted by the SEC: Fri Aug 06 2021
Period: Wednesday, June 30, 2021
Industry: Computer Programming Data Processing

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