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  "documentTitle": "Getty | Investor Presentation Deck | 48 slides",
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  "authorName": "Getty Images",
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  "presentationDate": "2024-06-01 00:00:00",
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      "text": "Note: Unlevered Pre-Tax FCF and Adjusted EBITDA are non-GAAP measures. Please see “Disclaimer.” Additional details regarding reconciliation of each of these metrics to the nearest GAAP measure are available on Pages 44-45. 1 Unlevered Pre-Tax Free Cash Flow calculated as Adjusted EBITDA – Capital Expenditures.",
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      "text": "Q1'2024 results continue to demonstrate the consistency and resiliency of our business, despite the residual effects of last year's Hollywood strikes. Profitability: Margins remain steady with gross margin of ~73% and Adjusted EBITDA margin of ~32%, demonstrating our continued fiscal discipline. 2024 Outlook: We remain steadfastly confident in our ability to return to growth in 2024 as our headwinds dissipate and we flip the calendar to a robust Editorial season in the second half of the year",
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      "text": "Decline in purchasing customers driven by residual headwinds in the agency segment and a continued shift from a-la-carte purchases to committed subscriptions. Stable Paid Download Volume reflects the enduring demand for our content from our global customer base. 6th consecutive quarter of YoY Active Annual Subscriber growth >50%, with YoY growth of 78.2% in Q1, with the majority of growth stemming from our e-commerce subscriptions and new customer acquisition",
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      "text": "Q1 2024: Fading Residual Headwinds Position Us For Growth For the Rest of 2024",
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