Squarespace Inc (N:SQSP)
Business Focus: Internet Services
| Sector: Technology | Industry: Internet Services |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 225 Varick Street, 12Th Floor NEW YORK NY 10014 |
| Tel: | N/A |
| Website: | https://www.squarespace.com |
| IR: | See website |
| Key People | ||
| Anthony Casalena Chairman of the Board, Chief Executive Officer, Founder | Nathan Gooden Chief Financial Officer, Treasurer | Courtenay O'connor General Counsel, Company Secretary | Paul Gubbay Chief Product Officer |
| Business Overview |
| Squarespace, Inc. provides a design-driven platform helping entrepreneurs build brands and businesses online. The Company enables its users in more than 200 countries and territories with all the tools they need to create an online presence, build an audience, monetize, and scale their business. Its suite of products ranges from Websites, domains, e-commerce, and marketing tools, as well as tools for scheduling with Acuity, creating and managing social media presence with Bio Sites and Unfold, and hospitality business management via Tock. It provides tools for customers to transact in the ways that work for their businesses, including scheduling, digital content and hospitality functionality for service sellers and tailored products for physical goods sellers. It provides customers with tools to help them grow their businesses through data insights and marketing amplification. Its customers represent a range of industries and sizes, ranging from sole proprietors to large enterprises. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Squarespace Inc revenues increased 17% to $1.01B. Net loss decreased 97% to $7.1M. Revenues reflect Presence segment increase of 18% to $704.3M, Commerce segment increase of 14% to $308M, United States segment increase of 17% to $726M, International segment increase of 17% to $286.3M. Lower net loss reflects Impairment charge decrease from $225.2M (expense) to $0K. |
| Employees: | 1,749 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $5,164M as of Dec 31, 2023 |
| Annual revenue (TTM): | $1,012M as of Dec 31, 2023 |
| EBITDA (TTM): | $127.66M as of Dec 31, 2023 |
| Net annual income (TTM): | -$7.08M as of Dec 31, 2023 |
| Free cash flow (TTM): | $214.12M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $311.09M as of Dec 31, 2023 |
| Shares outstanding: | 137,419,993 as of Apr 8, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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