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

Vimeo, Inc.

CIK: 1837686 Ticker: VMEO

Exhibit 99.1
vimeologoa.jpg

VIMEO REPORTS Q3 2021 FINANCIAL RESULTS

Q3 Revenue increases 33% to $100 million


NEW YORK— November 3, 2021—Vimeo, Inc. (NASDAQ: VMEO) (“Vimeo”) released its third quarter results today.

“Vimeo delivered its first $100 million revenue quarter as the need for video at work grows,” said Anjali Sud, Chief Executive Officer of Vimeo. “More than 6,000 enterprise customers can now use our all-in-one software solution to leverage the power of professional-quality video. This week’s launch of Vimeo Events is the latest expansion of our product suite, designed to help every marketer produce and promote stunning virtual events with ease. We are at the very beginning of how video will be adopted beyond traditional video conferencing, and we are leading this new frontier.”



VIMEO, INC. SUMMARY RESULTS

($ in millions except per share amounts)

Q3 2021Q3 2020
Revenue$100.1$75.1
Gross profit74.952.3
Gross margin75 %70 %
Operating income (loss)
(11.5)(7.5)
Net income (loss)(11.7)(9.8)
Diluted EPS(0.07)(0.06)
Adjusted EBITDA
0.82.7

See reconciliations of GAAP to non-GAAP measures beginning on page 6.









1

The following information was filed by Vimeo, Inc. (VMEO) on Wednesday, November 3, 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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Inside Vimeo, Inc.'s 10-Q Quarterly Report:

Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Cover Page
Consolidated Balance Sheet
Consolidated Balance Sheet (Parenthetical)
Consolidated Statement Of Cash Flows
Consolidated Statement Of Comprehensive Operations
Consolidated Statement Of Operations
Consolidated Statement Of Shareholders' Equity
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 (Expense) Income, 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: 0001837686-21-000020
Submitted to the SEC: Fri Nov 05 2021 4:10:45 PM EST
Accepted by the SEC: Fri Nov 05 2021
Period: Thursday, September 30, 2021
Industry: Computer Programming Data Processing

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