Fiverr(FVRR)

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Fiverr Launches a Freelancer Equity Program to Give Direct Stake in the Business
Newsfilter· 2025-02-20 13:00
Core Insights - Fiverr International Ltd. has launched a Freelancer Equity Program aimed at granting shares to top-performing, eligible freelancers based in the U.S. [1][2] - The initiative is designed to enhance the financial value for freelancers, who are projected to make up half of the U.S. workforce by 2027 [1][2] - The program will provide eligible freelancers with equity grants of up to $10,000 in Fiverr shares over a four-year period, contingent on meeting annual eligibility requirements [2][3] Company Commitment - The CEO of Fiverr, Micha Kaufman, emphasized that this program reflects the company's commitment to innovation and investment in its talent community [2][3] - The initiative aims to foster continued growth and excellence among top freelancers while inspiring emerging talent on the platform [2][3] Market Context - Fiverr's mission is to democratize access to talent and provide opportunities for individuals to grow their businesses and brands [6] - The platform has served nearly 4 million customers globally in the past year, showcasing its role in maintaining flexible and adaptive workforces [6]
Fiverr Launches a Freelancer Equity Program to Give Direct Stake in the Business
GlobeNewswire· 2025-02-20 13:00
Core Insights - Fiverr International Ltd. has launched a new Freelancer Equity Program aimed at granting shares to top-performing, eligible freelancers based in the U.S. [1][3] - The initiative is timely as freelancers are projected to make up half of the U.S. workforce by 2027, providing additional financial value alongside their earnings [2] - The program allows eligible freelancers to receive up to $10,000 in Fiverr shares over four years, encouraging growth and excellence among top freelancers while inspiring others [3][4] Company Commitment - Fiverr's CEO, Micha Kaufman, emphasized that the program reflects the company's commitment to innovation and investment in its talent community [4] - The initiative aims to build success collaboratively with freelancers, reinforcing their importance in the economy and Fiverr's business model [3][4] Market Context - The Freelancer Equity Program is part of a broader trend where companies are recognizing the value of freelancers and adapting their business models to include them as stakeholders [2][3] - Fiverr serves nearly 4 million customers globally, providing access to a diverse range of freelance skills, which positions the company well in the evolving labor market [7]
Fiverr Files its Annual Report on Form 20-F
Newsfilter· 2025-02-19 22:00
Core Insights - Fiverr International Ltd. filed its annual report on Form 20-F for the fiscal year ending December 31, 2024, with the SEC on February 19, 2025 [1] - The annual report includes audited consolidated financial statements and is available for shareholders upon request [2] Company Overview - Fiverr aims to democratize access to talent and provide opportunities for individuals to grow their businesses, brands, or dreams [3] - The platform served nearly 4 million customers globally in the past year, facilitating flexible and adaptive workforces [3] - Fiverr offers over 700 skills across various domains, including programming, digital marketing, and content creation [3]
Fiverr(FVRR) - 2024 Q4 - Annual Report
2025-02-19 21:02
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 O ...
Fiverr International Stock Selloff Is An Opportunity
Seeking Alpha· 2025-02-19 19:51
Group 1 - Fiverr International Ltd. (NYSE: FVRR) is experiencing a sell-off following its earnings report, which presents a potential buying opportunity for investors [1] - The company provides a platform that connects freelancers with clients seeking various services [1] Group 2 - The article promotes a service that offers high-conviction investment ideas and strategies aimed at enhancing savings and retirement timelines through a blended trading and income approach [2]
Fiverr's Services Revenue Soars 102% on Subscription Demand
PYMNTS.com· 2025-02-19 17:01
Core Insights - Fiverr's fourth-quarter earnings exceeded guidance, with revenue at $103.7 million, a 13.3% increase compared to expectations of 9% to 12% growth [2] - Services revenue experienced significant growth, soaring over 102% year-over-year to $30.1 million [2] - Despite positive revenue growth, shares fell by 7% due to lower-than-expected EBITDA guidance and a decrease in active buyers from 4 million to 3.6 million [3] Revenue Performance - The company reported a revenue increase of 13.3% for the fourth quarter, surpassing the guided range [2] - Current quarter revenue growth is projected to accelerate to 11% to 16% year-over-year [2] - Spend per buyer increased by 9% year-over-year to $302 [3] Buyer Dynamics - The number of active buyers decreased to 3.6 million, down from 4 million the previous year [3] - New buyers in 2024 are increasingly coming from complex project needs, particularly in the Programming and Tech vertical, which rose from 7% to 11% over five years [4] Business Strategy and Growth - Fiverr's CEO highlighted the importance of service diversification in driving growth amid macroeconomic challenges [4] - The launch of Fiverr Go, an AI tool platform, aims to enhance freelancer capabilities and improve client interactions [5] - The CFO noted that while macro conditions remain challenging, the company is positioned for growth through strong execution and value-added products [5] Future Outlook - The company anticipates continued healthy double-digit growth in services revenue during 2025 [5] - Growth in marketplace revenue is expected to remain muted until macroeconomic conditions improve, but the company is optimistic about future rebounds [5]
Fiverr(FVRR) - 2024 Q4 - Earnings Call Transcript
2025-02-19 15:23
Financial Data and Key Metrics Changes - Revenue for Q4 2024 was $103.7 million, up 13% year-over-year, accelerating from 8% growth in Q3 2024 [25] - Adjusted EBITDA for Q4 was $20.7 million, with an adjusted EBITDA margin of 20%, an improvement of 240 basis points from a year earlier [25][26] - For the full year 2024, Marketplace revenue was $303.1 million, with a 27.6% take rate [28] - Services revenue was $88.4 million, representing year-over-year growth of 62% and contributing 23% to total revenue [30] Business Line Data and Key Metrics Changes - Marketplace revenue growth is expected to be muted in 2025 due to macroeconomic conditions, but larger projects are showing robust growth [29] - Services revenue is anticipated to continue growing at a healthy double-digit rate, with contributions to total revenue expected to exceed 30% in 2025 [31] Market Data and Key Metrics Changes - The number of annual active buyers was 3.6 million, with an annual spend per buyer of $302 [28] - Buyers spending over $10,000 showed resilient growth, while overall active buyers did not grow due to macro headwinds [28] Company Strategy and Development Direction - The company aims to pursue quality of revenue and upmarket opportunities in the Marketplace segment while expanding offerings in the Services segment [8] - Fiverr Go was launched as an open platform for personalized AI tools, designed to empower freelancers and reshape the power dynamic between creators and AI [13][14] - The Freelancer Equity Program was introduced to give top-performing freelancers equity shares in Fiverr, fostering loyalty and engagement [22][114] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's positioning for 2025, despite macroeconomic challenges [7][26] - The company believes that a macro rebound will eventually benefit Marketplace revenue growth [29] - Management highlighted the importance of maintaining a talent-focused approach and empowering freelancers amid economic pressures [10][12] Other Important Information - Fiverr hosted about 100 community events in 2024, with over 100,000 registrations, emphasizing its commitment to the freelancer community [11] - The company is focused on optimizing the quality of revenue and expanding into larger buyers and complex projects [26] Q&A Session Summary Question: How will Fiverr Go help conversion and what is the impact on margins? - Fiverr Go is designed to enhance conversion by providing instant responses to customer inquiries, which is crucial for conversion rates [37] - Investments in Fiverr Go will continue, but guidance reflects expected improvements in EBITDA despite these investments [42] Question: Will Fiverr Go expand to all categories? - Currently, Fiverr Go operates in 60 categories, with plans to expand further as technology develops [48][50] Question: What drives higher spend per buyer in newer cohorts? - Factors include quality improvements, complex projects handled by Dynamic Matching, and a focus on high-value buyers [56] Question: How does Fiverr Go impact pricing and deflationary aspects? - Fiverr Go allows freelancers to maintain control over pricing, ensuring that human involvement remains integral to the creative process [102] Question: What is the outlook for Services revenue and advertising? - Services revenue is expected to grow significantly, with advertising products evolving and providing additional monetization opportunities [100] Question: Is there seasonality in Services revenue? - Services revenue is expected to exhibit flat behavior throughout the year, with no significant seasonality identified [107]
Fiverr International (FVRR) Q4 Earnings Miss Estimates
ZACKS· 2025-02-19 13:06
Fiverr International (FVRR) came out with quarterly earnings of $0.64 per share, missing the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.56 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.25%. A quarter ago, it was expected that this online marketplace for freelance services would post earnings of $0.62 per share when it actually produced earnings of $0.64, delivering a surprise of 3.23%.Ove ...
Fiverr International Revenue Triumphs
The Motley Fool· 2025-02-19 13:03
Fiverr International posted strong Q4 revenue growth, but challenges in marketplace engagement continue.Fiverr International (FVRR -0.90%), a leading online services marketplace, announced its fourth-quarter 2024 earnings on February 19, 2025.The report highlighted a revenue surpassing expectations while underscoring challenges within its core business. The company reported revenue of $103.7 million, exceeding analyst estimates of $101 million and surpassing the management's guidance range. However, the adj ...
Fiverr(FVRR) - 2024 Q4 - Annual Report
2025-02-19 11:00
Exhibit 99.1 Fiverr Announces Fourth Quarter and Full Year 2024 Results NEW YORK, February 19, 2025 - Fiverr International Ltd. (NYSE: FVRR), the company that is changing how the world works together, today reported financial results for the fourth quarter and full year 2024. Additional operating results and management commentary can be found in the Company's shareholder letter, which is posted to its investor relations website at investors.fiverr.com. ● Delivered an outstanding year of growth and profitabi ...