secwatch.observer — SEC 8-K summary
======================================

Issuer:     SEMrush Holdings, Inc. (—)
CIK:        0001831840
Form:       8-K
Filed at:   2024-05-06T23:59:59+00:00
Accession:  0001628280-24-020671
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Semrush Q1 rev $85.8M (+21% YoY), turns profitable with $1.5M operating income
------------------------------------------------------------------------------

- Revenue $85.8M, up 21% YoY; ARR $354.2M, also up 21% YoY.
- GAAP operating income $1.5M vs loss of $10.8M a year ago; non-GAAP operating income $9.7M.
- Free cash flow $12.0M (14.0% margin); cash from operations $14.8M.
- Paying customers ~112,000 (+10% YoY); dollar-based net revenue retention 107%.
- Enterprise SEO platform now generally available, targeting up-market accounts.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831840/000162828024020671/0001628280-24-020671-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831840/000162828024020671/semr-20240506.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-020671

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