secwatch.observer — SEC 8-K summary
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Issuer:     SEMrush Holdings, Inc. (—)
CIK:        0001831840
Form:       8-K
Filed at:   2024-03-04T23:59:59+00:00
Accession:  0001628280-24-008536
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Semrush Q4 revenue $83.4M (+21% YoY); net income positive for FY2023
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- Q4 revenue $83.4M, up 21% YoY; FY2023 revenue $307.7M, up 21% YoY.
- Q4 net income $6.9M vs $13.9M loss prior year; FY2023 net income $1.0M vs $33.8M loss.
- Non-GAAP net income Q4 $11.4M, FY2023 $16.3M; free cash flow Q4 $8.9M.
- ARR $337.1M (+23% YoY); paying customers ~108,000 (+12.5%); net revenue retention 107%.
- Company achieves GAAP profitability for full year 2023, marking inflection.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831840/000162828024008536/0001628280-24-008536-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831840/000162828024008536/semr-20240229.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-008536

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