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- Vimeo is a US-based video hosting and services platform that has seen weak share performance since going public.
- The company is focusing on growing its enterprise business and scaling back on marketing spend to maintain profitability.
- Revenue has been declining, but there has been positive margin expansion and cash flow generation in recent quarters.
Vimeo (NASDAQ:VMEO) is a US-based cloud-based video hosting, sharing, and services platform founded in 2004. Initially started as a head-to-head competitor to YouTube, VMEO made the expansion into a video development and production platform sometime in 2016.
All-time share performance has been weak. Formerly part of IAC, VMEO was spun off as a standalone public company in 2021. It started trading at $57 per share, but continued to trend downwards over time to reach $3 price level a year after. Since then, VMEO has been trading sideways. Currently, it is trading at $3.8 per share, losing over -90% of its value since going public.
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