Fiverr International Ltd. (NYSE:FVRR) Q4 2022 Earnings Conference Call February 22, 2023 8:30 AM ET
Company Participants
Jinjin Qian – Executive Vice President-Strategic Finance
Micha Kaufman – Founder and Chief Executive Officer
Ofer Katz – President and Chief Financial Officer
Conference Call Participants
Ron Josey – Citi
Eric Sheridan – Goldman Sachs
Doug Anmuth – JPMorgan
Jason Helfstein – Oppenheimer
Bernie McTernan – Needham & Company
Matt Farrell – Piper Sandler
Andrew Boone – JMP Securities
Operator
Thank you all for joining. I would like to welcome you all to the Fiverr Q4 Fiscal 2022 Earnings Conference Call. My name is Brica, and I will be your event specialist operating today’s call. After the speakers’ presentation today, we will conduct a question-and-answer session. [Operator Instructions] Thank you.
I'd now like to hand the call over to our host for today, Jinjin Qian. Jinjin, you may begin when you’re ready.
Jinjin Qian
Thank you, operator, and good morning, everyone. Thank you for joining us on Fiverr’s earnings conference call for the fourth quarter that ended December 31, 2022. Joining me on the call today are Micha Kaufman, Founder and CEO, and Ofer Katz, President and CFO.
Before we start, I would like to remind you that during this call we may make forward-looking statements and that these statements are based on our current expectations and assumptions as of today and Fiverr assumes no obligation to update or revise them. A discussion of some of the important risk factors that could cause actual results to differ materially from any forward-looking statements can be found under the Risk Factors section in Fiverr’s most recent Form 20-F and other filings with the SEC.
During this call, we’ll be referring to some non-GAAP financial measures, including adjusted EBITDA and adjusted EBITDA margin. A reconciliation of each of the non-GAAP financial measures to the most directly comparable GAAP measures is provided in the earnings release we issued today and our shareholder letter, each of which is available on our website at investors.fiverr.com.
And now, I will turn the call over to Micha.
Micha Kaufman
Thank you, Jinjin. Good morning, everyone and thank you for joining us today. 2022 was a unique year. In response to a shifting macro environment resulting in headwinds to the overall freelance demand, we quickly pivoted the company to tighten our focus on efficiency and profitability. As an entrepreneur and knowing how huge the long-term opportunity is in front of us, I must admit this wasn’t easy. But it was absolutely the right thing to do. Not only does it help us navigate through the macro cycle and maximize long-term shareholder value, but it also brings a new level of energy and velocity across the company, we are more focused on fewer but more impactful projects, making faster decisions, and feeling closer as a team.