Shutterstock Reports Fourth Quarter and Full Year 2014 Financial Results
NEW YORK, Feb. 12, 2015 /PRNewswire/ —
2014 Full Year Highlights
Revenue increased 39% to $328.0 million
Currency-neutral revenue growth was 40%
Adjusted EBITDA increased 32% to $70.7 million, a 22% margin
Q4 2014 Highlights
Revenue increased 34% to $91.2 million
Currency-neutral revenue growth was 36%
Adjusted EBITDA increased 46% to $22.4 million, a 25% margin
Paid downloads increased 20% to 33.5 million
Revenue per download increased 10% to $2.68
Image collection grew 45%; currently exceeds 48 million images and 2 million video clips
Recent Events
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Via: Shutterstock press