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Vimeo Beneish M-Score

: -1.73 (As of Today)
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The zones of discrimination for M-Score is as such:

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator.
An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Warning Sign:

Beneish M-Score -1.73 higher than -1.78, which implies that the company might have manipulated its financial results.

The historical rank and industry rank for Vimeo's Beneish M-Score or its related term are showing as below:

VMEO' s Beneish M-Score Range Over the Past 10 Years
Min: -2.11   Med: -2.04   Max: -1.73
Current: -1.73

During the past 3 years, the highest Beneish M-Score of Vimeo was -1.73. The lowest was -2.11. And the median was -2.04.


Vimeo Beneish M-Score Historical Data

The historical data trend for Vimeo's Beneish M-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Vimeo Annual Data
Trend Dec19 Dec20 Dec21
Beneish M-Score
- - -2.11

Vimeo Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Beneish M-Score Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - -2.11 -2.04 -1.73

Competitive Comparison

For the Software - Application subindustry, Vimeo's Beneish M-Score, along with its competitors' market caps and Beneish M-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Vimeo Beneish M-Score Distribution

For the Software industry and Technology sector, Vimeo's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Vimeo's Beneish M-Score falls into.



Vimeo Beneish M-Score Calculation

The M-score was created by Professor Messod Beneish. Instead of measuring the bankruptcy risk (Altman Z-Score) or business trend (Piotroski F-Score), M-score can be used to detect the risk of earnings manipulation. This is the original research paper on M-score.

The M-Score Variables:

The M-score of Vimeo for today is based on a combination of the following eight different indices:

M=-4.84+0.92 * DSRI+0.528 * GMI+0.404 * AQI+0.892 * SGI+0.115 * DEPI
=-4.84+0.92 * 1.9752+0.528 * 0.949+0.404 * 1.1213+0.892 * 1.2357+0.115 * 0.9565
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.1734+4.679 * -0.0657-0.327 * 1.1053
=-1.73

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Jun22) TTM:Last Year (Jun21) TTM:
Total Receivables was $40.0 Mil.
Revenue was 110.977 + 108.354 + 106.12 + 100.09 = $425.5 Mil.
Gross Profit was 84.099 + 81.598 + 79.499 + 74.901 = $320.1 Mil.
Total Current Assets was $327.8 Mil.
Total Assets was $599.0 Mil.
Property, Plant and Equipment(Net PPE) was $1.5 Mil.
Depreciation, Depletion and Amortization(DDA) was $7.5 Mil.
Selling, General, & Admin. Expense(SGA) was $274.0 Mil.
Total Current Liabilities was $243.1 Mil.
Long-Term Debt & Capital Lease Obligation was $0.0 Mil.
Net Income was -26.502 + -26.558 + -24.023 + -11.665 = $-88.7 Mil.
Non Operating Income was 1.172 + 0.341 + 0.076 + -0.064 = $1.5 Mil.
Cash Flow from Operations was -21.957 + -26.753 + -11.636 + 9.439 = $-50.9 Mil.
Total Receivables was $16.4 Mil.
Revenue was 96.046 + 89.422 + 83.786 + 75.13 = $344.4 Mil.
Gross Profit was 70.275 + 64.466 + 58.835 + 52.261 = $245.8 Mil.
Total Current Assets was $363.5 Mil.
Total Assets was $612.9 Mil.
Property, Plant and Equipment(Net PPE) was $3.2 Mil.
Depreciation, Depletion and Amortization(DDA) was $12.8 Mil.
Selling, General, & Admin. Expense(SGA) was $189.0 Mil.
Total Current Liabilities was $225.1 Mil.
Long-Term Debt & Capital Lease Obligation was $0.0 Mil.




1. DSRI = Days Sales in Receivables Index

Measured as the ratio of Revenue in Total Receivables in year t to year t-1.

A large increase in DSR could be indicative of revenue inflation.

DSRI=(Receivables_t / Revenue_t) / (Receivables_t-1 / Revenue_t-1)
=(39.986 / 425.541) / (16.383 / 344.384)
=0.09396509 / 0.0475719
=1.9752

2. GMI = Gross Margin Index

Measured as the ratio of gross margin in year t-1 to gross margin in year t.

Gross margin has deteriorated when this index is above 1. A firm with poorer prospects is more likely to manipulate earnings.

GMI=GrossMargin_t-1 / GrossMargin_t
=(GrossProfit_t-1 / Revenue_t-1) / (GrossProfit_t / Revenue_t)
=(245.837 / 344.384) / (320.097 / 425.541)
=0.71384559 / 0.75221189
=0.949

3. AQI = Asset Quality Index

AQI is the ratio of asset quality in year t to year t-1.

Asset quality is measured as the ratio of non-current assets other than Property, Plant and Equipment to Total Assets.

AQI=(1 - (CurrentAssets_t + PPE_t) / TotalAssets_t) / (1 - (CurrentAssets_t-1 + PPE_t-1) / TotalAssets_t-1)
=(1 - (327.779 + 1.497) / 599.046) / (1 - (363.497 + 3.232) / 612.866)
=0.4503327 / 0.40161634
=1.1213

4. SGI = Sales Growth Index

Ratio of Revenue in year t to sales in year t-1.

Sales growth is not itself a measure of manipulation. However, growth companies are likely to find themselves under pressure to manipulate in order to keep up appearances.

SGI=Sales_t / Sales_t-1
=Revenue_t / Revenue_t-1
=425.541 / 344.384
=1.2357

5. DEPI = Depreciation Index

Measured as the ratio of the rate of Depreciation, Depletion and Amortization in year t-1 to the corresponding rate in year t.

DEPI greater than 1 indicates that assets are being depreciated at a slower rate. This suggests that the firm might be revising useful asset life assumptions upwards, or adopting a new method that is income friendly.

DEPI=(Depreciation_t-1 / (Depreciaton_t-1 + PPE_t-1)) / (Depreciation_t / (Depreciaton_t + PPE_t))
=(12.777 / (12.777 + 3.232)) / (7.543 / (7.543 + 1.497))
=0.79811356 / 0.83440265
=0.9565

Note: If the Depreciation, Depletion and Amortization data is not available, we assume that the depreciation rate is constant and set the Depreciation Index to 1.

6. SGAI = Sales, General and Administrative expenses Index

The ratio of Selling, General, & Admin. Expense(SGA) to Sales in year t relative to year t-1.

SGA expenses index > 1 means that the company is becoming less efficient in generate sales.

SGAI=(SGA_t / Sales_t) / (SGA_t-1 /Sales_t-1)
=(274.017 / 425.541) / (188.988 / 344.384)
=0.6439262 / 0.54877114
=1.1734

7. LVGI = Leverage Index

The ratio of total debt to Total Assets in year t relative to yeat t-1.

An LVGI > 1 indicates an increase in leverage

LVGI=((LTD_t + CurrentLiabilities_t) / TotalAssets_t) / ((LTD_t-1 + CurrentLiabilities_t-1) / TotalAssets_t-1)
=((0 + 243.139) / 599.046) / ((0 + 225.054) / 612.866)
=0.40587701 / 0.36721567
=1.1053

8. TATA = Total Accruals to Total Assets

Total accruals calculated as the change in working capital accounts other than cash less depreciation.

TATA=(IncomefromContinuingOperations_t - CashFlowsfromOperations_t) / TotalAssets_t
=(NetIncome_t - NonOperatingIncome_t - CashFlowsfromOperations_t) / TotalAssets_t
=(-88.748 - 1.525 - -50.907) / 599.046
=-0.0657

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator. An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Vimeo has a M-score of -1.73 signals that the company is likely to be a manipulator.


Vimeo Business Description

Vimeo logo
Traded in Other Exchanges
Address
555 West 18th Street, New York, NY, USA, 10011
Vimeo Inc is the all-in-one video software solution, providing the full breadth of video tools through a software-as-a-service model. The company's comprehensive and cloud-based tools empower its users to create, collaborate and communicate with video on a single, turnkey platform.
Executives
Munson Gillian officer: Chief Financial Officer C/O XO GROUP INC. 195 BROADWAY, 25TH FLOOR NEW YORK NY 10007
Herratti Jay director C/O VIMEO, INC. 555 WEST 18TH STREET NEW YORK NY 10011
Thrive Capital Partners Vi Growth, L.p. director 295 LAFAYETTE STREET NEW YORK NY 10012
Mallick Nabil director C/O VIMEO, INC. 555 WEST 18TH STREET NEW YORK NY 10011
Gross Adam director C/O VIMEO, INC. 555 WEST 18TH STREET NEW YORK NY 10011
Kornfilt Mark officer: President & CPO C/O VIMEO, INC. 555 WEST 18TH STREET NEW YORK NY 10011
Thrive Capital Partners Vi, L.p. director 295 LAFAYETTE STREET NEW YORK NY 10012
Lee Shelton Jackson director C/O VIMEO, INC. 555 WEST 18TH STREET NEW YORK NY 10011
Thrive Partners V Gp, Llc director C/O THRIVE CAPITAL MANAGEMENT, LLC 295 LAFAYETTE STREET NEW YORK NY 10012
Thrive Partners Vi Gp, Llc director C/O THRIVE CAPITAL MANAGEMENT, LLC 295 LAFAYETTE STREET NEW YORK NY 10012
Kushner Joshua director C/O OSCAR HEALTH, INC. 75 VARICK STREET, 5TH FLOOR NEW YORK NY 10013
Claremount Vi Associates, L.p. director 295 LAFAYETTE STREET NEW YORK NY 10012
Claremount V Associates, L.p. director 295 LAFAYETTE STREET NEW YORK NY 10012
Thrive Capital Partners V, L.p. director 295 LAFAYETTE STREET NEW YORK NY 10012
Sud Anjali director, officer: Chief Executive Officer C/O VIMEO INC. 555 WEST 18TH STREET NEW YORK NY 10011

Vimeo Headlines

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