Company: YEXT
Filing Date: 2025-04-28
Form Type: DEF 14A
Source: 0001614178-25-000046
Chunk: 27

Company: Yext, Inc.
Filing Date: 2025-04-28
Form: DEF 14A
Chunk 27
---
 digital client engagement platform for financial services (“Hearsay”). The combination of Yext and Hearsay is intended to produce an end-to-end digital presence platform, combining Yext’s cutting-edge digital presence management capabilities with Hearsay’s compliance-enabling engagement solutions across social media, websites, text and voice.

Revenue increased to $421.0 million for the fiscal year ended January 31, 2025 as compared to $404.3 million in the fiscal year ended January 31, 2024, due to our acquisition of Hearsay. We continued to be thoughtful with respect to our operating expenses while making investments to deliver products that expand our total addressable market, generate revenue growth and drive sales efficiency. Net loss was $27.9 million for the fiscal year ended January 31, 2025, compared to net loss of $2.6 million in the fiscal year ended January 31, 2024. Adjusted EBITDA was $67.0 million for the fiscal year ended January 31, 2025, compared to $54.6 million in the fiscal year ended January 31, 2024. Readers are encouraged to review the Appendix for additional information regarding Adjusted EBITDA and a reconciliation of Adjusted EBITDA to net loss. We believe we have maintained a strong balance sheet in fiscal 2025 that positions us well in the current economic environment ending fiscal 2025 with cash and cash equivalents of $123.1 million.

We also continued to execute on our strategy. Highlights of Yext's operational results for fiscal 2025 include:

• Introducing Yext Social, an AI-powered social media management tool that helps multi-location brands manage their local presence at a global scale.

• Launching Yext Customer Success, a new customer success program that includes three offerings to meet individual customer needs.

• Expanding AI Review Generation feature across more than 80 supported review sites.

• Announcing Listings Recommendations, delivering AI-led insights to help customers accelerate discoverability and customer engagement.

<div align='center'>18</div>

• Being named a major player in IDC MarketScape: Worldwide Social Marketing Software for Large Enterprises 2024 Vendor Assessment.

• Being named a 2025 Best Place To Work by Built In.

Executive Compensation Philosophy, Objectives and Design

We strive to maintain sound corporate governance standards in our executive compensation policies and practices. The compensation committee reviewed our fiscal 2025 executive compensation program to evaluate its consistency with our short- and long-term goals given