GoPro(GPRO) - 2025 Q1 - Earnings Call Presentation

Company Performance & Strategy - GoPro's YouTube channel has over 46 billion lifetime views[7] - GoPro has sold over 52 million cameras[7] - GoPro's strategic shift includes focusing on hardware, subscription services, and premium offerings[8] - GoPro's gross margin in 1Q25 was 35.5%, excluding a $5 million one-time sale of inventory[8, 12] - GoPro's 1Q25 ASP (Average Selling Price) was $383[12] Subscription Service - GoPro has 2.47 million subscribers[13, 37] - Subscription and service revenue grew by 4% year-over-year in 1Q25[13, 54] - GoPro's annual subscriber retention rate is approximately 60% for the first year, 70% for the second year, and 80% for the third and fourth years[13, 55] - Aggregate retention rate for annual subscribers was 70% in 1Q25, up from 69% a year ago[13, 55] Financials - GoPro's adjusted EBITDA for 1Q25 was a loss of $15.707 million[47, 64] - Non-GAAP net loss for 1Q25 was $19.444 million[61]