Ibotta Reports First Quarter 2024 Financial Results
Ibotta, Inc. Class A (IBTA)
Company Research
Source: GlobeNewswire
Grew revenue by 43% year-over-year to $82.3 million and non-GAAP revenue by 46% Delivered net income of $9.3 million, representing net income as a percent of revenue of 11%, and Adjusted EBITDA of $22.7 million, representing a 28% Adjusted EBITDA margin Family Dollar and AppCard joined the Ibotta Performance Network (“IPN”), with digital offers now available to both; Schnuck Markets to join IPN later this year DENVER, May 30, 2024 (GLOBE NEWSWIRE) -- Ibotta, Inc. (NYSE: IBTA), a leading technology company providing digital promotions and performance marketing solutions, today announced financial results for the first quarter ended March 31, 2024. “Our unwavering focus on building a profitable, high growth business at scale was visible in our Q1 results, our first quarter reporting as a public company,” said Ibotta CEO and founder, Bryan Leach. “Driven by our mission to Make Every Purchase Rewarding, American consumers have earned over $1.8 billion in cash back rewards on their e
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News
- Schnucks to Join Ibotta Performance Network, Collaborate with Ibotta to Reimagine the Future of Grocery Shopping for ConsumersGlobeNewswire
- Ibotta Appoints Stephen Bailey to Board of Directors and Shalin Patel as new Head of Investor RelationsGlobeNewswire
- Ibotta To Announce First Quarter 2024 Financial Results on May 30, 2024GlobeNewswire
- Ibotta Announces Full Exercise of Underwriters’ Option to Purchase Additional Shares in Initial Public OfferingGlobeNewswire