Workflow
Fiverr(FVRR)
icon
Search documents
Fiverr(FVRR) - 2023 Q3 - Quarterly Report
2023-08-02 16:00
Second Quarter 2023 Financial Highlights "We continue to push forward towards executing our long-term strategy and are excited about our recent product launches that we believe will create a step function change in how businesses can engage with freelancers," said Micha Kaufman, founder and CEO of Fiverr. "We have a strong financial profile which allows us to focus on what we do best - creating innovative and elegantly simple products that connect and empower our community while improving the way they work ...
Fiverr International Ltd. (FVRR) 51st Annual J.P. Morgan Global Technology, Media and Communications Conference (Transcript)
2023-05-22 23:00
Fiverr International Ltd. (NYSE:FVRR) 51st Annual J.P. Morgan Global Technology, Media and Communications Conference May 22, 2023 3:50 PM ET Company Participants Doug Anmuth - JPMorgan Conference Call Participants Micha Kaufman - CEO Ofer Katz - CFO Doug Anmuth All right. We're going to go ahead and get started. I'm Doug Anmuth, JPMorgan's Internet analyst. We're pleased to have with us Fiverr Co-Founder and CEO, Micha Kaufman; and CFO, Ofer Katz. So Fiverr's mission is to revolutionize how the world works ...
Fiverr(FVRR) - 2023 Q1 - Earnings Call Transcript
2023-05-11 14:34
Fiverr International Ltd. (NYSE:FVRR) Q1 2023 Earnings Conference Call May 11, 2023 8:30 AM ET Company Participants Jinjin Qian - Investor Relations Micha Kaufman - Founder and Chief Executive Officer Ofer Katz - President and Chief Financial Officer Conference Call Participants Ron Josey - Citigroup Jason Helfstein - Oppenheimer Matt Farrell - Piper Sandler Andrew Boone - JMP Ben Miller - Goldman Sachs Bernie McTernan - Needham & Company Marvin Fong - BTIG Rohit Kulkarni - ROTH Capital Partners Operator He ...
Fiverr(FVRR) - 2023 Q2 - Quarterly Report
2023-05-10 16:00
"We started off the year with strong execution, which has successfully helped us navigate through the current macro environment while we continue to make progress towards our long-term vision for the future of work," said Micha Kaufman, founder and CEO of Fiverr. "We are excited about the opportunities that lie ahead of us, particularly around AI technology, and believe we are well positioned to unlock the combined potential of human talent and AI tools in the freelancing industry. "We remain focused on ope ...
Fiverr(FVRR) - 2022 Q4 - Annual Report
2023-03-29 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 O ...
Fiverr(FVRR) - 2022 Q4 - Earnings Call Transcript
2023-02-22 17:10
Financial Data and Key Metrics Changes - Revenue for Q4 2022 was $83 million, up 4% year-over-year, and adjusted EBITDA was $9.4 million with an adjusted EBITDA margin of 11.3%, marking the strongest quarter in terms of adjusted EBITDA in the company's history [18][25] - Active buyers reached 4.3 million, stable with modest growth, while spend per buyer increased to $262, up 8% year-over-year [18][26] - The take rate for Q4 was 30.2%, representing a year-over-year expansion of 100 basis points [27] Business Line Data and Key Metrics Changes - Repeat customers now represent 63% of core marketplace revenue, compared to 59% in 2021, indicating a growing loyalty among existing customers [5] - Large wallet customers, those spending $10,000 or more annually, grew 29% year-over-year, significantly outpacing overall buyer growth [19][55] Market Data and Key Metrics Changes - The company noted that the majority of spend growth in 2022 occurred in the first half of the year, with a decline in the second half due to macroeconomic headwinds affecting small and medium-sized businesses (SMBs) [26][56] - Active buyers are expected to stabilize in Q1 2023, with gradual improvement anticipated in the latter half of the year [55] Company Strategy and Development Direction - The company has set three priorities for 2023: improving comparability in the marketplace, creating differentiated category experiences, and enhancing engagement and retention [10] - The long-term trend towards remote work and a flexible workforce remains intact, positioning the company to benefit when freelance demand rebounds [6][22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating the current macro environment while focusing on efficiency and profitability, with expectations of returning to a strong growth trajectory once freelance demand rebounds [4][6] - The company anticipates that 2023 will be a year of steady improvement in growth trajectory while accelerating towards a long-term adjusted EBITDA target of 25% [12][19] Other Important Information - The company is leveraging AI tools to improve productivity within its freelancer community, believing that innovation will create more jobs rather than eliminate them [8][21] - The company is focused on maintaining a disciplined cost structure while dynamically adjusting its marketing strategies in response to market conditions [58][100] Q&A Session Summary Question: Trends in active buyers and demand geographically - Management noted that active buyer trends are stabilizing, with a focus on improving comparability in the marketplace to enhance customer conversion [31][32] Question: Impact of macro environment on spend per buyer - Management indicated that spend per buyer declined in the second half of 2022, but large wallet customers continue to grow, representing a significant portion of the business [38][55] Question: Key drivers for profitability and investments in 2023 - Management highlighted the importance of improving search and discovery, differentiated experiences, and retention strategies as key areas for investment to drive profitability [70][72] Question: AI's impact on freelance talent - Management views AI as a friend rather than a foe, emphasizing that it will create new job opportunities and enhance the platform's offerings [79][103] Question: Update on Fiverr Business and international expansion - Management confirmed that Fiverr Business remains a priority, with ongoing investments and strong early signs of growth in large wallet customers [92][117]
Fiverr(FVRR) - 2022 Q4 - Earnings Call Presentation
2023-02-22 12:57
● Committed to further improve Adjusted EBITDA in 2023: For 2023, we will build on the progress of 2022, to deliver further headway towards our long-term Adjusted EBITDA margin target of 25%. While macro continues to be highly uncertain, with discipline and control, we are committed to accelerate the pace of our Adjusted EBITDA margin expansion this year. | --- | --- | |------------------------------------------------------------------------------------------------------------------------------------------- ...
Fiverr(FVRR) - 2023 Q1 - Quarterly Report
2023-02-21 16:00
Exhibit 99.1 Fiverr Announces Fourth Quarter and Full Year 2022 Results NEW YORK, February 22, 2022 - Fiverr International Ltd. (NYSE: FVRR), the company that is revolutionizing how the world works together, today reported financial results for the fourth quarter and full year 2022. Complete operating results and management commentary can be found in the Company's shareholder letter, which is posted to its investor relations website at investors.fiverr.com. "We are proud to deliver a strong finish to a chal ...
Fiverr International Ltd. (FVRR) RBC Capital Markets Technology, Internet, Media and Telecommunications Conference 2022 (Transcript)
2022-11-16 02:54
Fiverr International Ltd. (NYSE:FVRR) RBC Capital Markets Technology, Internet, Media and Telecommunications Conference 2022 November 15, 2022 11:10 AM ET Company Participants Micha Kaufman - CEO Ofer Katz - CFO Conference Call Participants Brad Erickson - RBC Capital Markets Brad Erickson We'll get started. Question from Israel. Welcome, the management team from Fiverr International. So CEO, Micha Kaufman; and CFO, Ofer Katz, thanks guys for being here. So -- the last week, so it's nice. These guys tease m ...
Fiverr(FVRR) - 2022 Q3 - Earnings Call Transcript
2022-11-09 15:38
Fiverr International Ltd. (NYSE:FVRR) Q3 2022 Earnings Conference Call November 9, 2022 8:30 AM ET Company Participants Jinjin Qian - Vice President, Strategic Finance Micha Kaufman - Founder & Chief Executive Officer Ofer Katz - President & Chief Financial Officer Conference Call Participants Doug Anmuth - JPMorgan Brad Erickson - RBC Capital Markets Matt Farrell - Piper Sandler Andrew Boone - JMP Operator Hello, everyone, and welcome to the Fiverr Q3 Fiscal 2022 Earnings Conference Call. My name is Julie, ...