Cross-SellingACV release will be driven by strong bookings, which has been at record levels for two consecutive years, driven by continued strength of cross-sales via MeridianLink One with a growing number of new logo wins.
ProfitabilityWhile revenue growth has been sluggish, profitability has improved significantly; adjusted EBITDA margins were 41% in 2024, and the midpoint of 2025 guidance implies about 41% margins.
Shareholder ReturnsMeridianLink executed approximately $31 million in share repurchases during Q3, totaling about $106 million returned to shareholders year-to-date.