Description

Yelp, Inc.: The Acquisition of RepairPal & Auto Services Expansion!

Yelp Inc.’s latest earnings report for the third quarter of 2024 presents a mixed picture with certain strong elements as well as some ongoing challenges. On the positive side, Yelp achieved record net revenue of $360 million, reflecting a 4% increase year-over-year. The company successfully maintained strong profitability with a net income margin of 11% and an adjusted EBITDA margin of 28%. This performance was driven by disciplined expense management and the sustained momentum in Yelp’s services business. Particularly, the services revenue grew by 11% year-over-year, marking the 14th consecutive quarter of double-digit growth, with notable strength in the home services category.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

Want unlimited access to our reports? Purchase our $99 annual subscription!