Taboola.com(US:TBLA)2024-02-28 13:49Financial Performance & Guidance - FY 2023 revenues reached $1.44 billion[215], with an Adjusted EBITDA of $99 million[215] - The company anticipates FY 2024 revenues between $1.892 billion and $1.942 billion[231], representing a year-over-year growth of 33%[231] - FY 2024 Adjusted EBITDA is projected to exceed $200 million[279] - Q1 2024 revenue guidance is set between $535 million and $555 million[216], a 28% year-over-year increase[216] - Q1 2024 ex-TAC Gross Profit is expected to range from $123 million to $135 million[352], reflecting a 12% year-over-year growth[216] Key Metrics & Strategies - The company's long-term model targets Free Cash Flow to be 50-60% of Adjusted EBITDA[21] - The company's ex-TAC Gross Profit for FY 2023 was $536 million[296] - The company's ex-TAC Gross Profit margin has increased significantly since 2015[157] - E-commerce is growing double digits, reaching approximately 20% of ex-TAC Gross Profit in 2023[226] - The company's technology is resilient to the future disappearance of third-party cookies[170]