secwatch.observer — SEC 8-K summary
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Issuer:     LEGALZOOM.COM, INC. (LZ)
CIK:        0001286139
Form:       8-K
Filed at:   2022-05-12T23:59:59+00:00
Accession:  0001286139-22-000067
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LegalZoom Q1 revenue $154.2M (+15% YoY), net loss $30.6M, adjusted EBITDA $1.3M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1286139/000128613922000067/0001286139-22-000067-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1286139/000128613922000067/lz-20220512.htm
  HTML page:      https://secwatch.observer/filing/0001286139-22-000067

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer