earnings
confidence high
sentiment neutral
materiality 0.65
LegalZoom Q1 revenue $154.2M (+15% YoY), net loss $30.6M, adjusted EBITDA $1.3M
LEGALZOOM.COM, INC.
2022-Q1 EPS reported
-$0.15
revenue$154,209,000
- Revenue $154.2M, +15% YoY; subscription revenue $84.4M (+29% YoY) driven by 1.36M subscription units.
- Net loss $30.6M vs $9.8M YoY, largely due to $17.9M increase in stock-based compensation from IPO.
- Adjusted EBITDA $1.3M (1% margin) vs $3.6M (3% margin) YoY; free cash flow $8.8M vs $28.5M.
- Cash $247.5M, no debt outstanding as of March 31, 2022.
- Q2 guidance: rev $162-164M, Adj EBITDA $10-12M; FY22 guidance unchanged: rev $650-660M, Adj EBITDA $48M.