Highest-materiality recent filing
LegalZoom annual meeting results: all three proposals approved by stockholders
Director Sivan Whiteley elected with 107.7M votes for, 27.6M withheld, 25.1M broker non-votes.
LegalZoom Q1 revenue $206.8M (+13% YoY) beats expectations; raises full-year outlook
Revenue $206.8M, up 13% YoY; net income $1.1M (margin 1%) vs $5.1M (3%) YoY.
LegalZoom FY2025 revenue $756M (+11% YoY); $100M buyback increase; Q4 Adj. EBITDA $49.9M
FY2025 revenue $756.0M (+11% YoY); subscription revenue $492.5M (+13%); net income $15.4M (2% margin).
LegalZoom Q3 revenue $190.2M (+13% YoY), raises FY 2025 revenue guidance ~10% growth
Revenue $190.2M, up 13% YoY; subscription revenue $125.4M (+13%); transaction revenue $64.8M (+12%).
LegalZoom Q2 revenue $192.5M (+9% YoY); raises FY2025 revenue growth outlook to 8%
Revenue $192.5M, up 9% YoY; subscription revenue $119.9M, up 10% YoY.
LegalZoom reduces revolver to $100M, extends maturity to 2030, improves pricing
Revolver commitments cut to $100M from $150M; maturity extended from July 2026 to July 2030.
Class I directors Nathan Gooden (139.9M for) and Neil Tolaney (121.1M for) elected; 18.8M broker non-votes.
LegalZoom Q1 revenue $183M beats outlook; Adj EBITDA +33% YoY; adds $100M buyback
Q1 revenue $183.1M (+5% YoY), subscription rev $116.3M (+8%), exceeding high end of outlook.
LegalZoom sells Austin property for $37.75M in cash to Round Rock ISD
Sold 9900 Spectrum Drive, Austin, TX to Round Rock Independent School District for $37.75M cash.
Q4 revenue $161.7M (+2% YoY); subscription revenue $108.7M (+2%). Net income $12.9M vs $7.4M.
LegalZoom acquires Formation Nation for up to $64.75M; prelim FY revenue $681.9M, Adj EBITDA $148.1M
Acquired Formation Nation for $49.3M cash upfront + 2.2M restricted shares; total max cash consideration $64.75M plus shares.
LegalZoom appoints Charles Thomas as Chief Accounting Officer, effective Feb 3, 2025
Charles Thomas appointed CAO effective Feb 3, 2025; Noel Watson remains CFO/COO.
LegalZoom partners with 1-800Accountant for tax and bookkeeping services
Three-year agreement (Dec 15, 2024 to Dec 31, 2027) with minimum revenue commitments from 1-800Accountant.
LegalZoom appoints Nathan Gooden to Board of Directors; adds to Audit and Compensation Committees
Nathan Gooden appointed as independent Class I director effective November 19, 2024.
LegalZoom Q3 net income $11.1M, subscription revenue +5% YoY, $24.7M buyback
Q3 revenue $168.6M (+1% YoY), net income $11.1M (7% margin), adjusted EBITDA $47.1M (28% margin).
LegalZoom CTO/CPO Radhakrishna to resign Nov 15; CRO Stibel to lead product
Shrisha Radhakrishna resigns as CTO and CPO effective Nov 15, 2024, to pursue other opportunities.
LegalZoom appoints CFO Noel Watson as COO; Aaron Stibel as CRO
Noel Watson, current CFO, appointed COO effective Aug 13, 2024; retains CFO and principal accounting/financial officer roles.
LegalZoom reports Q2 revenue up 5% to $177.4M, EBITDA margin down, announces 15% workforce reduction
Q2 revenue $177.4M (+5% YoY), subscription revenue $108.8M (+6%), transaction revenue $68.5M (+4%).
LegalZoom names Jeffrey Stibel as CEO, lowers 2024 revenue forecast
Jeffrey Stibel appointed CEO effective July 9, 2024, replacing Dan Wernikoff who resigned from the Board.
LegalZoom shareholders elect four Class III directors, ratify auditor, approve say-on-pay
Elizabeth Hamren elected with 152.4M votes; John Murphy, Jeffrey Stibel, and Dan Wernikoff also elected as Class III directors.
LegalZoom increases stock repurchase authorization by $75M to $175M
Board approved $75M increase in repurchase program, total authorization now $175M.
LegalZoom Q1 net income $4.7M (vs loss), revenue +5% to $174.2M; director Wang resigns
Net income $4.7M (3% margin) vs net loss $2.4M in Q1 2023; adjusted EBITDA $27.9M (+28% YoY).
Effective February 3, 2025, Noel Watson, the Company’s Chief Operating Officer and Chief Financial Officer, will cease to serve as the Company’s principal accounting officer.
On January 7, 2025, LegalZoom.com, Inc. (the “Company”) appointed Charles Thomas as Chief Accounting Officer of the Company, effective February 3, 2025.
On November 19, 2024, the Board of Directors (the “Board”) of LegalZoom.com, Inc. (the “Company”) appointed Nathan Gooden to serve as an independent Class I director of the Board, effective immediately.
As previously disclosed, on September 18, 2024, Shrisha Radhakrishna resigned from his positions as Chief Technology Officer and Chief Product Officer of LegalZoom to pursue other opportunities, with such resignation originally to be effective November 15, 2024. Mr. Radhakrishna’s resignation is now effective November 4, 2024.
On September 13, 2024, Shrisha Radhakrishna resigned from his positions as Chief Technology Officer and Chief Product Officer of LegalZoom.com, Inc. (the “Company”) to pursue other opportunities, with such resignation to be effective November 15, 2024.
On August 9, 2024, the Board of Directors of LegalZoom.com, Inc. (the “Company”) appointed Noel Watson, the Company’s current Chief Financial Officer, as Chief Operating Officer of the Company, effective as of August 13, 2024.
appointed Jeffrey Stibel, who currently serves as Chair of the Board, to serve as Chief Executive Officer of the Company, effective July 9, 2024.
determined to transition from Dan Wernikoff, effective July 9, 2024, and Mr. Wernikoff resigned from the Board, effective July 9, 2024.
On May 1, 2024, Christine Wang, a current Class I director of LegalZoom’s Board of Directors (the “Board”), resigned as a member of the Board, effective the same day.
Max materiality 0.85 · Median 0.68 · Most common event earnings