Revenue and EBITDA Growth
Q1 2025 revenues were $328.6 million, reflecting a growth of 4.5% compared to Q1 2024. Adjusted EBITDA was $100.2 million with a margin of 30.5%, exceeding internal expectations.
Tech and Shopping Segment Performance
Tech and Shopping revenues grew by nearly 18% due to organic growth and M&A, with adjusted EBITDA growing nearly 44%.
Advertising and Performance Marketing Growth
Q1 2025 advertising and performance marketing revenue grew by 12.3% compared to the prior period.
Health and Wellness Segment Rebound
Health and wellness grew revenues over 7% and adjusted EBITDA by over 12%, indicating a promising return to high-single-digit growth.
Strong Capital Allocation and Share Buybacks
The company bought back 4.25 million shares over the last four quarters, representing roughly 10% of total shares outstanding.