Semrush was slightly profitable in 2023, as it reported a net profit of $950K in 2023, compared to a net loss of $33.85 million in 2022 and a $3.28 net loss for 2021.
Semrush is primarily owned by its co-founders, Oleg Shchegolev and Dmitry Melnikov, who own most of the company’s shares and control it via most of the voting power.
Gennaro is the creator of FourWeekMBA, which reached about four million business people, comprising C-level executives, investors, analysts, product managers, and aspiring digital entrepreneurs in 2022 alone | He is also Director of Sales for a high-tech scaleup in the AI Industry | In 2012, Gennaro earned an International MBA with emphasis on Corporate Finance and Business Strategy.
