LOS ANGELES, March 3, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Ibotta, Inc. ("Ibotta" or "the Company") (NYSE: IBTA) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Ibotta reported its financial reports for the second quarter of 2024 on August 13, 2024. ...

Core Viewpoint - Pomerantz LLP is investigating potential securities fraud and unlawful business practices involving Ibotta, Inc. and its executives, following disappointing financial results and a significant stock price drop [1][3]. Financial Performance - Ibotta reported earnings per share of $0.67 for Q4 2024, missing consensus estimates of $0.71 [3]. - The company's revenue for the same period was $98.4 million, reflecting a year-over-year decline of 1% [3]. - Ibotta provided a weaker-than-expected outlook for Q1 2025, leading to analyst downgrades due to advertising supply constraints and sales execution challenges [3]. Stock Performance - Following the release of its financial results, Ibotta's stock price fell by $29.08, or 46.09%, closing at $34.01 per share on February 27, 2025 [4]. IPO Details - Ibotta conducted its initial public offering on April 18, 2024, offering 6,560,700 shares at a price of $88.00 per share [2].

Core Viewpoint - Kirby McInerney LLP is investigating potential claims against Ibotta, Inc. regarding possible violations of federal securities laws and unlawful business practices [1]. Financial Performance - Ibotta reported fourth quarter revenue of $98.4 million for the year ended December 31, 2024, which is a 1% decline year-over-year [3]. - The company provided a revenue outlook for the first quarter of 2025, estimating between $80 million and $84 million, indicating a 0% year-over-year increase at the midpoint [3]. - Following the financial results announcement, Ibotta's share price fell by $29.08, or approximately 46%, from $63.09 on February 26, 2025, to $34.01 on February 27, 2025 [3].

SAN DIEGO, Feb. 27, 2025 (GLOBE NEWSWIRE) -- The Denver Law Office of Johnson Fistel, LLP is investigating whether Ibotta, Inc. (NYSE: IBTA)—headquartered in Denver, Colorado—or any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose information to investors. What if I purchased Ibotta securities? If you purchased securities and suffered losses on your investment, join our investigation now: Click Here to Join the Investigation For more information, ...

Ibotta (IBTA) Q4 2024 Earnings Call February 27, 2025 03:50 AM ET Company Participants Shalin Patel - VP - Investor RelationsBryan Leach - Founder, President, CEO & ChairmanSunit Patel - Chief Financial OfficerAndrew Marok - DirectorAndrew Boone - Managing DirectorEric Sheridan - Managing DirectorRon Josey - Managing DirectorChris Kuntarich - Internet Equity Research Conference Call Participants Curtis Nagle - Director - Senior US SMID Cap Internet AnalystBernie Mcternan - Senior Research Analyst Shalin Pat ...

Ibotta, Inc. (NYSE:IBTA) Q4 2024 Earnings Conference Call February 26, 2025 4:30 PM ET Company Participants Shalin Patel – Vice President, Investor Relations Bryan Leach – Founder and Chief Executive Officer Sunit Patel – Chief Financial Officer Conference Call Participants Andrew Marok – Raymond James Andrew Boone – JMP Securities Eric Sheridan – Goldman Sachs Ron Josey – Citi Chris Kuntarich – UBS Curt Nagle – Bank of America Bernie McTernan – Needham Shalin Patel Good afternoon, and welcome to Ibotta's Q ...

Earnings presentation Fourth quarter and full year 2024 $1.30 back Add offer Some of the financial information and data contained in this presentation, such as Non-GAAP direct-to-consumer redemption revenue, Non-GAAP redemption revenue, Non-GAAP direct-to-consumer redemption revenue per redemption, Non-GAAP total revenue, Non- GAAP redemption revenue per redemption, Adjusted EBITDA, Adjusted EBITDA margin, Non-GAAP gross profit, Non-GAAP operating expenses as a percentage of Non-GAAP revenue, Non-GAAP sales ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number: 001-42018 IBOTTA, INC. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction ...

Revenue Growth - Full year 2024 revenue increased by 15% year-over-year to $367.3 million, with non-GAAP revenue growth of 20%[1] - Full year 2024 redemption revenue rose by 27% year-over-year to $308.8 million, with non-GAAP redemption revenue growth of 34%[1] - Fourth quarter 2024 total revenue was $98.4 million, a year-over-year decline of 1%, while non-GAAP revenue growth was flat[3] - Revenue for Q4 2024 was $98.38 million, a decrease of 1.3% from $99.67 million in Q4 2023, while full-year revenue increased by 14.7% to $367.25 million from $320.04 million in 2023[21] - Total revenue for the year ended December 31, 2024, was $367,254, an increase of 15% compared to $320,037 in 2023[29] Net Income and Profitability - Generated full year 2024 net income of $68.7 million, representing 19% of revenue, and Adjusted EBITDA of $112.2 million, reflecting a 31% Adjusted EBITDA margin[1] - Net income for Q4 2024 was $76.17 million, significantly up from $18.65 million in Q4 2023, resulting in a full-year net income of $68.74 million compared to $38.12 million in 2023[21] - Adjusted net income for Q4 2024 was $22,372, representing 23% of total revenue, compared to 27% in Q4 2023[28] Cash Flow and Financial Position - The company reported a significant increase in cash and cash equivalents, reaching $349.28 million by the end of 2024, compared to $62.59 million at the end of 2023[23] - Free cash flow for the year ended December 31, 2024, was $105,716, a substantial increase from $14,488 in 2023[31] Operating Expenses - Operating expenses for Q4 2024 totaled $70.26 million, an increase from $61.10 million in Q4 2023, with full-year operating expenses rising to $289.21 million from $220.05 million[21] - Stock-based compensation expense for the year was $76.22 million, up from $20.17 million in 2023, reflecting increased employee incentives[21] - Stock-based compensation for the year ended December 31, 2024, was $76,216, compared to $20,168 in 2023[27] User Engagement and Redemptions - The IPN had 17.2 million redeemers in Q4 2024, a 27% increase year-over-year, driven by the launch of Instacart and Family Dollar[3] - Increased total redemptions to 344.1 million in 2024, a 34% year-over-year increase[5] - The average number of redeemers in 2024 was 14.7 million, up 78% from 2023[5] - Direct-to-consumer revenue for Q4 2024 was $46,113, a decrease of 26% from $62,035 in Q4 2023[26] - Total third-party publishers revenue increased by 39% in Q4 2024 to $52,267, compared to $37,639 in Q4 2023[26] Future Outlook - Guidance for Q1 2025 projects revenue of $80 - $84 million, with an Adjusted EBITDA of $10 - $14 million, representing a margin of 15%[12] - The company anticipates continued growth and expansion in its performance marketing platform, leveraging AI technology to enhance digital promotions[19] Breakage and User Liability - The company experienced a breakage benefit of $0.8 million in Q4 2023 and $13.5 million for the full year 2023, with no breakage benefit reported for 2024[15] - The user redemption liability decreased to $74.01 million in 2024 from $84.53 million in 2023, indicating improved management of inactive accounts[23] Market Impact - Ibotta has delivered over $2.3 billion in cash back to American shoppers since its inception in 2012, highlighting its market impact[18]

Group 1 - The core viewpoint is a positive outlook on Ibotta Inc. (NYSE: IBTA) due to its strategic shift towards third-party partnerships, which is expected to enhance its integration with leading retailers and improve market capture [1] - The company is leveraging various investment strategies, including fundamental, technical, and momentum investing, to refine its investment process [1] Group 2 - There is no disclosure of stock or derivative positions in any mentioned companies, indicating an unbiased perspective in the analysis [2] - The article emphasizes that past performance does not guarantee future results, highlighting the importance of independent evaluation for investors [3]