Similarweb(US:SMWB)2025-02-12 19:36Financial Performance - Q4 2024 revenue reached $65.6 million, representing a 16% year-over-year growth[8] - The company's Q4 2024 annualized revenue is $262 million (Q4 2024 Revenue * 4)[8] - Q4 2024 non-GAAP gross margin was 78%[8] - The company achieved a non-GAAP operating profit of $2.6 million in Q4 2024[64] - The company's non-GAAP normalized free cash flow was $2.7 million in Q4 2024[64] - For the full year 2024, revenue reached $250 million, a 15% increase compared to the $218 million in FY 2023[42] Customer Base and Retention - The company had 5,534 total ARR customers in Q4 2024, a 17% increase year-over-year[45] - Dollar-based net retention rate (NRR) for $100K+ ARR customers was 112% in Q4 2024[8] - 61% of total ARR comes from customers with $100K+ ARR[8] Business Model - Remaining Performance Obligation (RPO) is $246.0 million, with 69% expected to be recognized over the next 12 months[8] - 49% of ARR is from multi-year subscriptions[8]