Fiverr International ( (FVRR) ) has released its Q1 earnings. Here is a breakdown of the information Fiverr International presented to its investors.
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Fiverr International Ltd. is a leading platform in the digital services industry, connecting businesses with freelancers across various sectors such as software development, digital marketing, and AI. The company recently reported its first quarter 2025 financial results, showcasing a strong start to the year with both revenue and Adjusted EBITDA surpassing expectations. Key highlights include a 14.6% year-over-year increase in total revenue to $107.2 million and a significant 94% growth in services revenue. Despite a slight decline in marketplace revenue and active buyers, the annual spend per buyer rose by 8.8%, indicating higher engagement levels. Fiverr’s strategic initiatives, such as the launch of Fiverr Go and the expansion of AI products, have contributed to improved buyer conversion rates and increased visibility for high-quality sellers. The company also reported a positive outlook for 2025, raising its revenue and Adjusted EBITDA guidance, reflecting confidence in its business strategy amidst a volatile macro environment.