Zeta Growth Drivers and Catalysts
2Q21 Financial Results Overview
David Steinberg
Chief Executive Officer
Co-Founder, Chairman
Chris Greiner
Chief Financial Officer
2Q21 FINANCIAL RESULTS
We continued our strong momentum, increasing revenue growth
rates from 25% in the first quarter to 39% in the second quarter.
Revenue growth translated to powerful operating leverage, with Adj.
EBITDA growing 106% YTY and 350 bps YTY in Adj. EBITDA margin'.
2Q21 BROAD BASED STRENGTH
We saw strong double-digit growth across a diverse spectrum of
the business. In total, we added >30 new logos in 2Q21 with scaled
customers (>$100K TTM Rev) increasing from 333 in 1Q21 to 343 in
2Q21. Scaled customer ARPU was up 44% YTY. Revenue
generated Direct on the ZMP increased from 74% to 77% in 2Q21,
highlighted by strong Omnichannel growth with CTV up ~500%.
Total 2Q21 revenue growth of 39% was contributed evenly by new
(20.3pts) and existing (18.3pts) customers, with record Zeta NRR.
FULL YEAR 2021 GUIDANCE
With the first half off to such a strong start and strong revenue
predictability, we improved our outlook in revenue and Adj.
EBITDA. We are guiding revenue of $432M to $436M, up 22% to
24% YTY excluding last year's one-time Presidential Cycle
revenue. We are guiding Adj. EBITDA to $55.5M to $57.5M, up
43% YTY at the midpoint.
ZETA 1. Adjusted EBITDA, Adjusted EBITDA Margin are non-GAAP metrics, see reconciliation in Appendix.
11View entire presentation