Revenue Performance - Total revenue for the three months ended June 30, 2024, increased by $2.5 million, or 2%, to $104.4 million, driven by a 55% increase in Vimeo Enterprise revenue [96]. - Vimeo Enterprise revenue reached $20.1 million for the three months ended June 30, 2024, up from $12.9 million in the same period last year, marking a 55% increase [97]. - Average Subscribers for Vimeo Enterprise increased by 40% year-over-year, contributing to the revenue growth [98]. - Average Revenue per User (ARPU) for Vimeo Enterprise rose by 12% to $21,977 for the three months ended June 30, 2024 [96]. - Self-Serve & Add-Ons revenue decreased by 3% to $68.6 million, primarily due to a 9% decline in Average Subscribers [97]. - Bookings for Self-Serve & Add-Ons totaled $67.9 million, down 9% from $74.8 million in the prior year [96]. - Other revenue segment saw a 13% decline to $15.8 million, attributed to the active deprecation of several products [98]. Profitability Metrics - Gross profit margin remained stable at 78% for both the three and six months ended June 30, 2024 [96]. - Operating income improved to 7% of revenue for the three months ended June 30, 2024, compared to 5% in the same period last year [96]. - Net earnings for the three months ended June 30, 2024, were 10% of revenue, up from 6% in the prior year [96]. - Gross profit increased by $2.7 million, or 3%, for the three months ended June 30, 2024, driven by an increase in revenue [102]. - Operating income increased by $2.9 million, or 62%, for the three months ended June 30, 2024, due to an increase in gross profit and a decrease in operating expenses [108]. - Adjusted EBITDA increased by $11.3 million, or 225%, for the three months ended June 30, 2024, primarily due to higher revenue and decreases in advertising costs [113]. - Net earnings for Q2 2024 were $10.1 million, up from $5.9 million in Q2 2023, representing a 72% increase [118]. - Adjusted EBITDA for Q2 2024 was $16.3 million, compared to $5.0 million in Q2 2023, reflecting a 226% year-over-year growth [118]. Expenses and Investments - Research and development expense increased by $0.3 million, or 1%, for the three months ended June 30, 2024, due to increased investment in products [103]. - Sales and marketing expense decreased by $12.1 million, or 30%, for the three months ended June 30, 2024, primarily due to reduced advertising costs [104]. - General and administrative expense increased by $12.1 million, or 175%, for the three months ended June 30, 2024, driven by an increase in stock-based compensation expense [105]. - Total operating expenses decreased by $0.2 million, or less than 1%, for the three months ended June 30, 2024 [103]. - Stock-based compensation expense for the first half of 2024 was $15.4 million, contributing to adjustments in net earnings [126]. Cash Flow and Financial Position - Cash and cash equivalents totaled $310.6 million as of June 30, 2024, an increase from $301.4 million at the end of 2023 [124]. - Net cash provided by operating activities for the first half of 2024 was $25.3 million, significantly higher than $11.2 million in the same period of 2023 [125]. - The company repurchased 3.0 million shares at an average cost of $3.88 per share, totaling $11.8 million during the first half of 2024 [129]. - The company had no debt as of June 30, 2024, indicating a strong financial position [131]. Other Considerations - Interest income increased by $0.8 million, or 26%, for the three months ended June 30, 2024, due to larger money market fund balances and higher interest rates [110]. - Income tax provision increased by $0.4 million, or 56%, for the three months ended June 30, 2024, as a result of higher pre-tax income [112]. - The company anticipates potential additional costs related to a non-cancellable cloud computing arrangement expiring in Q4 2024 [131]. - Vimeo's liquidity may be impacted by decreased demand for products and services or unexpected expenses, necessitating potential future capital raises [131]. - Total cash used in investing activities was $0.2 million, primarily for capital expenditures [126]. - The information regarding legal proceedings is referenced from "Note 9—Contingencies" in the consolidated financial statements [139].

Financial Performance - Vimeo's Q2 revenue grew 2% year-over-year to $104 million, with Vimeo Enterprise revenue increasing by 55% in the same period[3] - The company generated a net income of $10 million and an adjusted EBITDA of $16 million, reflecting increases of 40% and 225% year-over-year, respectively[22] - Cash from operations was $20 million, and free cash flow also amounted to $20 million, up 55% year-over-year[23] - Vimeo ended Q2 with $311 million in cash and cash equivalents, an increase of $6 million from the previous quarter[23] - The gross margin for Q2 was 78%, with both GAAP and non-GAAP gross profit margins improving year-over-year[16] - For the full year 2024, the company expects revenue to be around $405 million and operating income to be approximately $3 million[24] - For Q3 2024, the company anticipates revenue to be at or below $100 million with an operating loss of approximately $1 million[24] - In Q2 2024, the company reported revenue of $104.376 million, a 2.4% increase from $101.835 million in Q2 2023[24] - Gross profit for Q2 2024 was $81.698 million, compared to $78.990 million in Q2 2023, reflecting a gross margin improvement[24] - Net earnings for Q2 2024 were $10.121 million, compared to $5.871 million in Q2 2023, representing a 72% year-over-year increase[24] - The company reported total assets of $626.293 million as of June 30, 2024, up from $622.920 million at the end of 2023[25] - Cash and cash equivalents increased to $310.579 million as of June 30, 2024, compared to $301.372 million at the end of 2023[25] - The company’s total shareholders' equity rose to $397.892 million as of June 30, 2024, from $382.232 million at the end of 2023[25] - Adjusted EBITDA for Q2 2024 was $16.3 million, significantly up from $5.0 million in Q2 2023, resulting in an Adjusted EBITDA margin of 16%[29] - Free Cash Flow for Q2 2024 was $20.3 million, compared to $13.1 million in Q2 2023, indicating improved cash generation[29] - GAAP net earnings for Q2 2024 were $10.1 million, compared to $5.9 million in Q2 2023, showing a positive trend in profitability[29] Shareholder Actions - The company repurchased approximately 4 million shares for $16 million since the last earnings announcement, with $34 million remaining in the share repurchase authorization[23] - Vimeo reported a total of 165.8 million shares outstanding as of August 1, 2024, with an estimated dilution of 4.2% at a share price of $4.00[41] - The company has 12.2 million stock options and 12.7 million restricted stock units (RSUs) that contribute to potential dilution, with total estimated dilution reaching 6.9 million shares[41] - The company plans to utilize share repurchase authorization as part of its financial strategy moving forward[43] Revenue Streams - Vimeo Enterprise bookings reached $23 million in Q2, contributing to a projected annualized bookings run rate of $100 million[8] - Self-Serve & Add-Ons revenue decreased by 9% year-over-year, while ARPU increased by 6% in Q2[12] - Vimeo Enterprise revenue increased to $20.051 million in Q2 2024, up 55.5% from $12.899 million in Q2 2023[27] - Average revenue per user (ARPU) for Self-Serve & Add-Ons rose to $208, compared to $195 in Q2 2023, reflecting a 6.7% increase[27] - Bookings for Self-Serve & Add-Ons decreased to $67.904 million in Q2 2024, down from $74.789 million in Q2 2023, indicating a need for strategic review[27] - The company reported a total of 1,304.6 thousand subscribers for Self-Serve & Add-Ons, a decrease from 1,432.0 thousand in Q2 2023[27] Cost Management - Research and development expenses for Q2 2024 were $26.972 million, slightly up from $26.676 million in Q2 2023[24] - Sales and marketing expenses decreased significantly to $27.676 million in Q2 2024 from $39.764 million in Q2 2023, indicating cost management efforts[24] - Research and development expenses for Q2 2024 were $27.0 million, representing 26% of revenue, consistent with the previous year[28] Strategic Initiatives - The company expanded its enterprise services into China, supporting major global companies in secure video streaming[1] - Vimeo's focus on product-led growth included investments in AI-powered innovations, such as video translation solutions[19] - Vimeo's OTT video monetization solution allows customers to launch their own streaming channels, expanding its market reach and service diversity[38] - The enterprise offering includes advanced features such as security and custom user permissions, indicating a focus on larger organizations and teams[38] - The company anticipates future growth through international market expansion and improved customer acquisition strategies[43] - The company emphasizes the importance of retaining paying subscribers by enhancing its value proposition and improving service offerings[43] Risks and Challenges - Vimeo's management acknowledges various risks, including economic conditions and competition, which could impact future performance[43]

Core Insights - Vimeo has launched an AI-powered video translation solution that significantly reduces the time and cost associated with traditional translation methods, enabling businesses to communicate globally with ease [4][5]. Group 1: Product Features - The new solution leverages generative AI to translate video, audio, and captions into multiple languages while maintaining the original speakers' voices, creating a seamless viewing experience [4][5]. - Users can upload or create videos in over 50 languages and select from 29 language options for translation, with AI matching the original speakers' voices [6]. Group 2: Business Applications - The AI-powered translation solution can enhance Learning & Development by automating the localization of online courses and training materials [5]. - It improves Employee Communications by translating important company updates for global employees [5]. - The solution expands Marketing reach by translating product explainers, webinar recordings, and testimonials into different languages [5]. Group 3: Market Impact - Vimeo's enterprise AI solutions are already assisting thousands of companies in improving communication, collaboration, training, and marketing reach [3]. - The platform aims to increase marketing ROI by transforming video content into interactive experiences that drive higher engagement and conversion rates [8].

Group 1 - Vimeo, Inc. will announce its second quarter 2024 earnings report on August 5, 2024, after market close [1] - A live video conference will be held on the same day at 5:00 p.m. ET to discuss the earnings results [1] - The earnings report and video conference will be accessible on Vimeo's Investor Relations website [1] Group 2 - Vimeo is recognized as the world's most innovative video experience platform, serving millions of users [2] - The platform enables users to create high-quality video experiences, facilitating better connections and idea sharing [2] - Vimeo's videos collectively receive billions of views each month, highlighting its significant reach and impact [2]

Financial Data and Key Metrics Changes - Vimeo reported a year-over-year growth in gross profit, net income, and adjusted EBITDA, with adjusted EBITDA reaching $12 million in Q1 2024, a significant improvement from a loss of $10 million in the same quarter two years ago [6][7]. Business Line Data and Key Metrics Changes - Vimeo Enterprise showed strong growth and impressive customer wins in Q1 2024, while the Self-Serve & Add-Ons segment demonstrated resilience despite scaling back underperforming marketing spend [6][18]. Market Data and Key Metrics Changes - The company experienced a decline in bookings for the Self-Serve segment, which is expected to continue throughout the year, while the Enterprise segment remains the strongest growth opportunity [15][18]. Company Strategy and Development Direction - The new CEO emphasized the importance of listening to customers and innovating quickly to capture the upcoming paradigm shift in video creation and consumption driven by AI [12]. - The company plans to make investments to support sustainable, profitable growth, leveraging the strong financial foundation built over the past two years [17][24]. Management's Comments on Operating Environment and Future Outlook - Management acknowledged headwinds in the macro environment but expressed confidence in Vimeo's ability to capture opportunities specific to its business [22]. - The guidance for the year reflects a cautious outlook, with expectations of mid- to high single-digit revenue decline for the next three quarters, influenced by the need to make strategic investments [13][15]. Other Important Information - The company indicated plans for share repurchases to mitigate dilution from equity grants to employees [29]. - The launch of Vimeo Central is still in its early stages, and specific metrics on engagement and productivity gains are not yet available [20]. Q&A Session Summary Question: Key priorities for the next 12 months and revenue guidance implications - The new CEO highlighted the excitement around customer engagement and the potential for growth in both self-serve and enterprise segments, while the CFO explained that the guidance reflects a mix of conservatism and the impact of marketing cuts [8][13]. Question: Early observations on Vimeo Central and its rollout - Management stated that it is too early to provide specific numbers on Vimeo Central, but they are optimistic about its potential to enhance enterprise customer engagement [20]. Question: Reinvestment strategies and macroeconomic conditions - The CFO noted that while there are macro headwinds, Vimeo's opportunities are largely self-determined, and the company is well-positioned to pursue growth [22][24]. Question: Drivers for customer additions in the enterprise business - The enterprise business is seeing growth due to organizations recognizing the need for better video management platforms, with significant interest in using video for marketing and internal communications [28][30].

Table of Contents As filed with the Securities and Exchange Commission on May 7, 2024 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 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__________ Commission File No. 001-40420 VIMEO, INC. (Exact name of regi ...

Exhibit 99.1 Dear Shareholders, Philip Moyer, CEO Gillian Munson, CFO . We have also been on a path to rationalize expenses which was clearly reflected in the quarter. Q1 GAAP operating expenses were down 5% and non-GAAP operating expenses* were down 10% year-over-year. Operating expenses are down more than $20 million compared to the same period just 2 years ago. This is driving solid profitability. With the foundational work of the last year and Philip on board we have significant opportunity ahead. Given ...

Vimeo, Inc. (NASDAQ:VMEO) Q4 2023 Earnings Conference Call February 21, 2024 5:00 PM ET Company Participants Adam Gross - Interim CEO Gillian Munson - CFO Conference Call Participants Tom Champion - Piper Sandler Cory Carpenter - JPMorgan Brian Fitzgerald - Wells Fargo William Kerr - TD Cowen David Lustberg - Jefferies Operator Hello, and thank you for joining Vimeo's Q4 and Full Year 2023 Earnings Live Q&A. Before we begin a few comments First, this session will be recorded and available on the Vimeo Inves ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-40420 VIMEO, INC. (Exact Name of Registrant as Specified in its Charter) Delaware (State or Other Jurisdiction of Incorporation or Or ...

Part I [Shareholder Letter](index=2&type=section&id=Shareholder%20Letter) [Strategic Overview and Business Performance](index=2&type=section&id=Strategic%20Overview%20and%20Business%20Performance) Vimeo is shifting to a product-led growth model, re-orienting enterprise offerings and reducing marketing spend, which significantly improved 2023 profitability - The company is re-orienting its enterprise products around three primary use cases: marketers acquiring customers, employees using video for internal communications, and media businesses monetizing video[5](index=5&type=chunk) - Vimeo is shifting its Self-Serve & Add-Ons business to a product-led growth strategy, increasing product investments while reducing marketing spend, which may impact near-term bookings but is expected to improve long-term conversion and retention[7](index=7&type=chunk) - Welcomed new enterprise customers in Q4 including Hermes, Domino's Pizza, Southwest Airlines, Gartner, and Toyota, many of whom started as self-serve subscribers[6](index=6&type=chunk) 2023 Profitability Improvement (YoY) | Metric | Improvement (YoY) | | :--- | :--- | | Net Income | Up more than $100 million | | Adjusted EBITDA | Up more than $40 million | [2024 Financial Context and Outlook](index=3&type=section&id=2024%20Financial%20Context%20and%20Outlook) Vimeo anticipates 2024 top-line declines due to legacy product deprecation and reduced advertising, but expects to maintain Adjusted EBITDA profitability and return to growth in H2 2024 - The company is proactively deprecating products such as Magisto, WIREWAX, and Wibbitz, which is expected to create a revenue headwind in 2024 as the 'Other' segment still comprised **17%** of Q4 revenue[12](index=12&type=chunk) - Advertising expenses will continue to be reduced in 2024, following reductions of **12% in 2022** and **21% in 2023**, to reallocate funds towards product-led growth initiatives[13](index=13&type=chunk) - The company expects a gross margin near **77% in 2024** and plans to increase investment in research and development[14](index=14&type=chunk) - Overall bookings and revenue are projected to be down year-over-year in 2024, but Adjusted EBITDA is expected to grow before the impact of substituting cash for some equity compensation[16](index=16&type=chunk) [Q4 Financial Overview](index=4&type=section&id=Q4%20Financial%20Overview) Q4 2023 Key Financial Metrics | Metric | Value | | :--- | :--- | | Total Bookings | $101M | | Total Revenue | $106M | | Gross Margin | 78% | | Net Income | $8M | | Adjusted EBITDA* | $13M | | Ending Cash | $301M | | Cash Provided by Operating Activities | $10M | | Free Cash Flow* | $10M | [Q4 Financial Details](index=5&type=section&id=Q4%20Financial%20Details) [Bookings & Revenue](index=6&type=section&id=Bookings%20%26%20Revenue) Q4 2023 saw total bookings decrease by **3%** year-over-year, while total revenue remained flat at **$106 million**, marking the best YoY comparison since Q3 2022 Q4 Total Bookings & Revenue | Metric | Q4 2023 | YoY Change | | :--- | :--- | :--- | | Total Bookings | $101M | -3% | | Total Revenue | $106M | 0% | [Vimeo Enterprise](index=7&type=section&id=Vimeo%20Enterprise) Vimeo Enterprise achieved significant Q4 growth with bookings up **34%** and revenue up **61%** year-over-year, driven by a **49%** subscriber increase and **103%** Net Revenue Retention Vimeo Enterprise Q4 Performance (YoY) | Metric | Q4 2023 | YoY Change | | :--- | :--- | :--- | | Bookings | $21.6M | +34% | | Revenue | $16.8M | +61% | | Subscribers | 3,300 | +49% | | ARPU | $20,953 | +9% | - Net Revenue Retention (NRR) for the Enterprise segment was **103%** in Q4[29](index=29&type=chunk) - Key customer wins in Q4 include the University of Southern California, Hermès, Cooley, Aramco Europe, Domino's Pizza, Zuora, Southwest Airlines, Gartner, and Toyota Motor Corp[30](index=30&type=chunk) [Self-Serve & Add-Ons](index=8&type=section&id=Self-Serve%20%26%20Add-Ons) The Self-Serve & Add-Ons segment stabilized in Q4, with improved YoY decline rates in bookings and revenue, despite an **8%** subscriber decrease, offset by a **6%** ARPU increase Self-Serve & Add-Ons Q4 Performance (YoY) | Metric | Q4 2023 | YoY Change | | :--- | :--- | :--- | | Bookings | $68.0M | -3% | | Revenue | $71.2M | -3% | | Subscribers | 1.4M | -8% | | ARPU | $203 | +6% | - The company observed year-over-year improvements in conversion and AOV, which helped offset traffic impacts from reduced advertising spend[37](index=37&type=chunk) - Bookings and logo retention rates were up both year-over-year and quarter-over-quarter[37](index=37&type=chunk) [Other](index=9&type=section&id=Other) The 'Other' business segment experienced a significant Q4 decline, with bookings down **36%** year-over-year to **$12 million**, partly due to renewal timing Other Segment Q4 Performance (YoY) | Metric | Q4 2023 | YoY Change | | :--- | :--- | :--- | | Bookings | $11.6M | -36% | | Revenue | $17.6M | -18% | [Expense & Profitability](index=10&type=section&id=Expense%20%26%20Profitability) Vimeo's strong expense discipline in Q4, including a **12%** YoY reduction in GAAP operating expenses and **17%** in advertising spend, led to a net income of **$8 million** and record Adjusted EBITDA of **$13 million** - GAAP and non-GAAP gross profit margins were both **78%**, up one percentage point year-over-year[43](index=43&type=chunk) - Total GAAP operating expenses fell **12%** YoY, and Q4 headcount ended at **1,070**, down **13%** YoY[45](index=45&type=chunk) - Advertising spend was reduced by **17%** year-over-year in Q4 as part of a strategy to shift resources to product initiatives[49](index=49&type=chunk) Q4 Profitability Metrics | Metric | Q4 2023 | Q4 2022 | | :--- | :--- | :--- | | Net Income | $8.4M | ($5.1M) | | Adjusted EBITDA | $13.3M | $6.5M | [Balance Sheet & Cash Flow](index=12&type=section&id=Balance%20Sheet%20%26%20Cash%20Flow) Vimeo ended Q4 with a healthy balance sheet, **$301 million** in cash, and generated **$10 million** in both net cash from operating activities and Free Cash Flow, an **$8 million** YoY improvement - Ended Q4 with **$301 million** in cash and cash equivalents, up **$27 million** year-over-year[55](index=55&type=chunk) - Generated **$38 million** in cash from operations for the full year 2023[55](index=55&type=chunk) Q4 Cash Flow (YoY) | Metric | Q4 2023 | YoY Change | | :--- | :--- | :--- | | Net Cash from Operating Activities | $10M | +$8M | | Free Cash Flow | $10M | +$8M | [Financial Guidance](index=12&type=section&id=Financial%20Guidance) Vimeo projects full-year 2024 revenue to decline **4-8%** to **$385-400 million** with flat Adjusted EBITDA, while Q1 2024 revenue is expected around **$100 million** with **$7-9 million** Adjusted EBITDA Full Year 2024 Guidance | Metric | Guidance Range | | :--- | :--- | | Revenue | $385M - $400M (down 8% to 4% YoY) | | Operating Loss | Approx. $5M | | Adjusted EBITDA | Essentially flat with 2023 | Q1 2024 Guidance | Metric | Guidance Range | | :--- | :--- | | Revenue | Approx. $100M | | Operating Loss | $2M - $4M | | Adjusted EBITDA | $7M - $9M | [GAAP Financial Statements](index=14&type=section&id=GAAP%20Financial%20Statements) [Consolidated Statement of Operations](index=14&type=section&id=Consolidated%20Statement%20of%20Operations) For the twelve months ended December 31, 2023, total revenue was **$417.2 million**, but significant operating expense reductions led to an operating income of **$13.0 million** and net earnings of **$22.0 million**, a turnaround from 2022 losses Full Year Statement of Operations Highlights ($ in thousands) | Metric | 2023 | 2022 | | :--- | :--- | :--- | | Revenue | $417,214 | $433,028 | | Gross Profit | $325,638 | $329,433 | | Total Operating Expenses | $312,591 | $412,371 | | Operating Income (Loss) | $13,047 | ($82,938) | | Net Earnings (Loss) | $22,032 | ($79,591) | | Diluted EPS | $0.13 | ($0.49) | [Consolidated Balance Sheet](index=15&type=section&id=Consolidated%20Balance%20Sheet) As of December 31, 2023, Vimeo's balance sheet shows total assets increased to **$622.9 million**, cash and cash equivalents grew to **$301.4 million**, and total shareholders' equity rose to **$382.2 million** Balance Sheet Highlights ($ in thousands) | Metric | Dec 31, 2023 | Dec 31, 2022 | | :--- | :--- | :--- | | Cash and cash equivalents | $301,372 | $274,497 | | Total current assets | $351,468 | $324,326 | | Total Assets | $622,920 | $605,431 | | Deferred revenue | $168,610 | $167,388 | | Total Liabilities | $240,688 | $251,573 | | Total shareholders' equity | $382,232 | $353,858 | [Consolidated Statement of Cash Flows](index=16&type=section&id=Consolidated%20Statement%20of%20Cash%20Flows) For full year 2023, Vimeo generated **$37.8 million** in net cash from operating activities, a significant improvement from 2022, resulting in a **$26.6 million** net increase in cash and ending with **$301.4 million** in cash and cash equivalents Full Year Statement of Cash Flows Highlights ($ in thousands) | Metric | 2023 | 2022 | | :--- | :--- | :--- | | Net cash provided by (used in) operating activities | $37,785 | ($37,071) | | Net cash (used in) provided by investing activities | $531 | $830 | | Net cash used in financing activities | ($11,695) | ($10,588) | | Net increase (decrease) in cash | $26,602 | ($47,511) | [Disaggregated Revenue and Operating Metrics](index=17&type=section&id=Disaggregated%20Revenue%20and%20Operating%20Metrics) Full year 2023 segment performance shows Vimeo Enterprise bookings grew **53%** to **$71.4 million**, while Self-Serve & Add-Ons and 'Other' segments experienced declines due to legacy product de-emphasis Full Year 2023 Segment Performance | Segment | Metric | 2023 | 2022 | | :--- | :--- | :--- | :--- | | **Self-Serve & Add-Ons** | Revenue | $285.5M | $304.7M | | | Subscribers (EOP) | 1,379.7k | 1,505.0k | | | Bookings | $281.5M | $297.3M | | **Vimeo Enterprise** | Revenue | $56.5M | $39.3M | | | Subscribers (EOP) | 3.3k | 2.2k | | | Bookings | $71.4M | $46.8M | | **Other** | Revenue | $75.2M | $89.0M | | | Subscribers (EOP) | 67.0k | 93.3k | | | Bookings | $50.1M | $67.0M | [Supplemental Information](index=18&type=section&id=Supplemental%20Information) [Reconciliations of GAAP to Non-GAAP Measures](index=18&type=section&id=Reconciliations%20of%20GAAP%20to%20Non-GAAP%20Measures) This section details reconciliations of GAAP to non-GAAP measures, adjusting for non-cash expenses to derive metrics like Adjusted EBITDA, which for Q4 2023 was **$13.3 million** from **$5.6 million** operating income - Adjusted EBITDA is calculated by taking operating income (loss) and excluding stock-based compensation, depreciation, amortization of intangibles, and restructuring costs[77](index=77&type=chunk) - Free Cash Flow is defined as net cash from operating activities less capital expenditures, contingent consideration payments, and restructuring costs[81](index=81&type=chunk) [Principles of Financial Reporting & Definitions](index=21&type=section&id=Principles%20of%20Financial%20Reporting%20%26%20Definitions) Vimeo defines its non-GAAP financial measures, including Adjusted EBITDA and Free Cash Flow, and provides specific definitions for its business segments and key operating metrics like Subscribers, ARPU, and Bookings - Defines "Self-Serve & Add-Ons" as subscription plans sold directly online, including Starter, Standard, and Advanced plans[87](index=87&type=chunk) - Defines "Vimeo Enterprise" as the video offering for teams and organizations sold through a sales force, which includes advanced security and marketing integrations[88](index=88&type=chunk) - Defines "Bookings" as fixed fees for SaaS services that subscribers have paid or committed to pay during their subscription period or 12 months, whichever is shorter[92](index=92&type=chunk) [Dilutive Securities](index=23&type=section&id=Dilutive%20Securities) This section outlines Vimeo's potential dilutive securities, including **12.4 million** SARs/stock options and **12.5 million** RSUs as of February 15, 2024, with estimated dilution ranging from **3.7%** to **5.4%** at various stock prices Outstanding Dilutive Securities (as of 2/15/2024) | Security Type | Shares (millions) | | :--- | :--- | | SARs and Stock Options | 12.4 | | RSUs | 12.5 | [Other Information](index=24&type=section&id=Other%20Information) This section contains cautionary statements regarding forward-looking information, outlines Vimeo's corporate overview as a video experience platform, and provides investor relations contact details - The report contains forward-looking statements subject to risks and uncertainties, and actual results could differ materially from those projected[101](index=101&type=chunk)