Revenue Growth in Q4 2024
In the fourth quarter, Getty Images grew revenue to $247.3 million, representing growth of 9.5% or 8.5% on a currency-neutral basis.
Adjusted EBITDA Increase
Adjusted EBITDA rose to $80.6 million in Q4, up 11.7% or 10.4% on a currency-neutral basis, with a margin of 32.6%.
Increase in Annual Subscribers
Getty Images added 78,000 active annual subscribers to reach 314,000 in Q4 LTM period, an increase of approximately 33% over the comparable LTM period.
Refinancing of Term Loans
Getty Images completed the refinancing of $1 billion in term loans, extending maturities to 2030.
Net Leverage Reduction
The company reduced its net leverage to 3.97 times, below four times for the first time in over a decade.