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VerticalScope, behind 1,200+ online communities, just confirmed Google updates have negatively impacted their business.
Some highlights from their Q1 '25 earnings update:
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Some highlights from their Q1 '25 earnings update:
- Revenue decreased 8% to $13.6M 🔻
- Increased consulting costs for "AI initiatives and SEO optimizations" 🔎
- Adjusted EBITDA decreased 30% to $3.6M 📉
- They expect to average 90M monthly active users in Q2 📊
- Generated $3M in operating cash flow 💰
- Net loss of $2.4M (compared to a $1M loss a year ago) 🔻
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