Shutterstock(SSTK) - 2020 Q4 - Earnings Call Presentation

Financial Performance - Q4 2020 - Revenue increased by 9% to $180.9 million compared to Q4 2019[11] - Net income saw a significant increase of 495% to $25.9 million[11] - Adjusted EBITDA increased by 101% to $48.5 million[11] - Free cash flow was $58.6 million, compared to $17.6 million in 2019[12] Financial Performance - Full Year 2020 - Revenue increased by 2% to $666.7 million compared to 2019[17] - Net income increased significantly by 257% to $71.8 million[17] - Adjusted EBITDA increased by 61% to $154.9 million[17] - Free cash flow was $144.2 million, compared to $73.2 million in 2019[18] Operating Metrics - Q4 2020 - Subscribers increased by 45% to 281,000[14] - Subscriber revenue increased by 18% to $71.1 million[14] - Image library expanded by 15% to over 360 million images[14] - Footage library expanded by 24% to over 21 million footage clips[14] 2021 Guidance - The company expects revenue between $708 million and $722 million[43] - The company expects year-over-year growth of 6% to 8%[43] - The company expects adjusted EBITDA between $165 million and $171 million[43] - The company expects adjusted net income per diluted share between $2.75 and $2.90[43]