Semrush Holdings (NYSE:SEMR) Full Year 2024 Results
Key Financial Results
- Revenue: US$376.8m (up 23% from FY 2023).
- Net income: US$8.24m (up by US$7.29m from FY 2023).
- Profit margin: 2.2% (up from 0.3% in FY 2023). The increase in margin was driven by higher revenue.
- EPS: US$0.056 (up from US$0.007 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Semrush Holdings EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 29%.
The primary driver behind last 12 months revenue was the Other segment contributing a total revenue of US$171.7m (46% of total revenue). The largest operating expense was Sales & Marketing costs, amounting to US$144.3m (48% of total expenses). Explore how SEMR's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.
Performance of the American Software industry.
The company's shares are down 29% from a week ago.
Valuation
It's possible that Semrush Holdings could be undervalued with our 6-factor valuation analysis indicating a potential opportunity. To explore our complete evaluation click here and get an understanding of what analysts are thinking about the company's future.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NYSE:SEMR
Semrush Holdings
Develops an online visibility management software-as-a-service platform in the United States, the United Kingdom, and internationally.
Very undervalued with flawless balance sheet.
