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fiverr . Fiverr Announces Second Quarter 2021 Results August 5 , 2021 12:00 PM EDT • Growth exceeded high end of guidance : Revenue grew 60 % y / y in Q2 as all metrics surpassed pre - pandemic growth levels • Fiverr Business growth : In only three quarters since launch , Fiverr Business now represents 5 % of core marketplace business , growing faster than our overall marketplace • Launched Seller Plus : Launched a subscription product that's built around Fiverr's most engaged sellers , aiming to increase their loyalty and help grow their business on Fiverr • New partnerships with Salesforce and Wix : The partnerships will allow these two companies to qualify Fiverr sellers through purpose - built training programs and minimizing the screening and onboarding friction for them to access this talent • Promoted Gigs expansion : After a little over a year , Promoted Gigs reached an important milestone of $ 1M quarterly ad revenue • Providing Q3'21 guidance and updating FY'21 guidance : We are updating our full year guidance based on the incremental trends we have observed since the second half of May . People are traveling more and taking more vacations and spending less time online as many parts of the world reopen , which has impacted our financial outlook NEW YORK -- ( BUSINESS WIRE ) -- Fiverr International Ltd. ( NYSE : FVRR ) , the company that is changing how the world works together , today reported financial results for the second quarter of 2021. Complete operating results and management commentary can be found in the Company's shareholder letter which is posted to its investor relations website at investors.fiverr.com . " Fiverr delivered another great quarter as we saw robust revenue growth of 60 % y / y driven by strong active buyer growth as businesses continue turning to Fiverr to access digital service providers , " said Micha Kaufman , Fiverr's Founder and CEO , " We are accelerating the pace of investments to make Fiverr into a powerhouse that enables more buyers and sellers to participate in the digital service economy . " Ofer Katz , Fiverr's President and CFO , added , " Fiverr continues to deliver strong results across all metrics as we continue expanding market share and executing on our long - term strategic initiatives . Our business is well positioned to successfully navigate the uncertain environment . " Second Quarter 2021 Financial Highlights • Revenue in the second quarter of 2021 was $ 75.3 million , an increase of 60 % year over year . • Active buyers as of June 30 , 2021 grew to 4.0 million , compared to 2.8 million as of June 30 , 2020 , an increase of 43 % year over year . • Spend per buyer as of June 30 , 2021 reached $ 226 , compared to $ 184 as of June 30 , 2020 , an increase of 23 % year over year . • Take rate for the quarter ended June 30 , 2021 was 27.8 % , up from 27.0 % for the quarter ended June 30 , 2020 , an increase of 80 basis points year over year . • GAAP gross margin in the second quarter of 2021 was 83.4 % , an increase of 30 basis points from 83.1 % in the second quarter of 2020 . Non - GAAP gross margin for both the second quarter of 2021 and 2020 was 84.4 % . • GAAP net loss in the second quarter of 2021 was ( $ 13.3 ) million , or ( $ 0.37 ) basic and diluted net loss per share , compared to ( $ 0.1 ) million , or less than ( $ 0.01 ) basic and diluted net loss per share , in the second quarter of 2020. Non - GAAP net income in the second quarter of 2021 was $ 7.9 million , or $ 0.22 basic net income per share and $ 0.19 diluted net income per share , compared to $ 3.6 million , or $ 0.11 basic net income per share and $ 0.10 diluted net income per share , in the second quarter of 2020 . • Adjusted EBITDA1 in the second quarter of 2021 improved to $ 7.4 million , compared to $ 3.1 million in the second quarter of 2020. Adjusted EBITDA margin was 9.8 % in the second quarter of 2021 , an improvement of 310 basis points from 6.7 % in the second quarter of 2020 . Financial Outlook Our Q3'21 outlook and updated full year 2021 guidance reflects the new post - COVID effect we saw in recent weeks . As COVID restrictions are lifted in many parts of the world , people are spending more time out of home and less time on screens . The reduced online activity translates into more modest new customer cohorts and less activity for older cohorts . We are providing the following guidance accordingly . Given the uncertainty of the ongoing impact and unprecedented conditions surrounding the COVID - 19 pandemic on economies globally , we will provide investors with updated business trends as they evolve . Revenue Year over year growth Adjusted EBITDA Q3 2021 $ 68.0- $ 72.0 million 30-38 % $ 2.5- $ 3.5 million FY 2021 $ 280.0- $ 288.0 million 48-52 % $ 12.0- $ 14.0 million 1Adjusted EBITDA is a non - GAAP financial measure . See “ Key Performance Metrics and Non - GAAP Financial Measure " for additional information regarding this and other non - GAAP metrics used in this release . Conference Call and Webcast Details Fiverr will host a conference call to discuss its financial results on Thursday , August 5 , 2021 , at 8:30 a.m. Eastern Time . A live webcast of the call can be accessed from Fiverr's Investor Relations website . An archived version will be available on the website after the call . Investors and analysts can participate in the conference call by dialing ( 866 ) 360-3590 , or ( 412 ) 317-5278 for callers outside the United States , and mention the passcode , " Fiverr . " A telephonic replay of the conference call will be available until Thursday , August 12 , 2021 , beginning one hour after the end of the conference call . To listen to the replay please dial ( 877 ) 344-7529 , or ( 412 ) 317-0088 for callers outside the United States , and enter replay code 10157464 . About Fiverr Fiverr's mission is to change how the world works together . Since 2010 , the Fiverr platform has been at the forefront of the future of work connecting businesses of all sizes with skilled freelancers offering digital services in more than 500 categories , across 9 verticals including graphic design , digital marketing , programming , video and animation . In the twelve months ended June 30 , 2021 , 4.0 million customers bought a wide range of services from freelancers across more than 160 countries . We invite you to become part of the future of work by visiting us at fiverr.com , read our blog and follow us