earnings
confidence high
sentiment neutral
materiality 0.85
Nextdoor reports Q4 revenue +17% YoY, first positive adjusted EBITDA as public co.; guides Q1 rev ~$53M
Nextdoor Holdings, Inc.
2024-FY EPS reported
-$0.25
revenue$247,276,000
- Q4 revenue $65.2M (+17% YoY); Q4 WAU 45.9M (+10% YoY); GAAP net loss $12.1M vs $40.5M loss a year ago.
- Q4 adjusted EBITDA positive $3.0M (5% margin) vs $14.0M loss a year ago; operating cash flow $11M.
- Full-year 2024 revenue $247.3M (+13% YoY); net loss $98.1M vs $147.8M loss; Adj EBITDA loss $18.2M vs $74.1M loss.
- Guides Q1 2025 revenue ~$53M; Adj EBITDA loss ~$13M; expects H1 2025 YoY revenue growth ~flat.
- Ended 2024 with $427M cash, zero debt; repurchased 31M shares at avg $2.44 in 2024; $97M remaining buyback auth.