Financials Innovid Corp.

Equities

CTV

US4576791085

Software

End-of-day quote Nyse 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
2.34 USD +2.63% Intraday chart for Innovid Corp. +5.88% +56.00%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 791 228.5 210.8 331.9 - -
Enterprise Value (EV) 1 791 201 210.8 288.2 260.2 227.6
P/E ratio -2.01 x -12.2 x -6.52 x - 58.5 x 26 x
Yield - - - - - -
Capitalization / Revenue 8.76 x 1.8 x 1.51 x 2.1 x 1.85 x 1.67 x
EV / Revenue 8.76 x 1.58 x 1.51 x 1.82 x 1.45 x 1.15 x
EV / EBITDA 145 x 164 x 10.9 x 11.3 x 7.75 x 5.01 x
EV / FCF -128,008,053 x - - - - -
FCF Yield -0% - - - - -
Price to Book - 1.11 x - 1.56 x 1.38 x 1.22 x
Nbr of stocks (in thousands) 118,942 133,651 140,564 141,823 - -
Reference price 2 6.650 1.710 1.500 2.340 2.340 2.340
Announcement Date 2/24/22 2/24/23 2/27/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 90.29 127.1 139.9 158.3 179.6 198.7
EBITDA 1 - 5.446 1.225 19.42 25.42 33.58 45.46
EBIT 1 - -5.849 -29.74 -32.96 5.807 8.865 21.2
Operating Margin - -6.48% -23.4% -23.56% 3.67% 4.94% 10.67%
Earnings before Tax (EBT) 1 - -10.24 -16.39 -29.54 1.174 7.665 19
Net income 1 -0.812 -88.54 -18.41 -31.91 -0.1785 6.028 15.01
Net margin - -98.06% -14.48% -22.81% -0.11% 3.36% 7.56%
EPS 2 -0.6800 -3.310 -0.1400 -0.2300 - 0.0400 0.0900
Free Cash Flow - -6.179 - - - - -
FCF margin - -6.84% - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share - - - - - - -
Announcement Date 11/10/21 2/24/22 2/24/23 2/27/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 25.97 25.86 33.09 34.47 33.7 30.48 34.55 36.23 38.62 34.95 38.3 40.3 42.9 -
EBITDA 1 1.795 -3.009 -1.66 2.866 3.029 0.145 4.542 6.456 8.275 3.45 5.1 7.05 8.8 -
EBIT 1 -6.702 -9.797 -9.174 -6.031 -4.739 -8.214 -17.87 -4.322 -2.549 -1.45 0.15 2.1 3.85 -
Operating Margin -25.81% -37.88% -27.73% -17.5% -14.06% -26.94% -51.73% -11.93% -6.6% -4.15% 0.39% 5.21% 8.97% -
Earnings before Tax (EBT) 1 -7.21 -7.486 4.132 -10.99 -2.046 -5.739 -17.62 -4.032 -2.142 -2.25 -0.6 1.3 3.1 -
Net income 1 -31.69 -7.449 4.3 -11.83 -3.429 -8.563 -18.96 -2.731 -1.658 -2.55 -0.9 0.9 2.45 -
Net margin -122.03% -28.8% 13% -34.33% -10.18% -28.09% -54.88% -7.54% -4.29% -7.3% -2.35% 2.23% 5.71% -
EPS 2 -0.5900 -0.0600 0.0300 -0.0900 -0.0300 -0.0600 -0.1400 -0.0200 -0.0100 -0.0200 -0.003330 0.003330 0.0133 -
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 2/24/22 5/6/22 8/10/22 11/11/22 2/24/23 5/9/23 8/8/23 11/8/23 2/27/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - -
Net Cash position 1 - - 27.5 - 43.6 71.6 104
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - -6.18 - - - - -
ROE (net income / shareholders' equity) - - -10% - -0.07% 3.68% 5.62%
ROA (Net income/ Total Assets) - - - - - - -
Assets 1 - - - - - - -
Book Value Per Share 2 - - 1.540 - 1.500 1.690 1.920
Cash Flow per Share - - - - - - -
Capex - 0.55 - - - - -
Capex / Sales - 0.61% - - - - -
Announcement Date 11/10/21 2/24/22 2/24/23 2/27/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
2.34 USD
Average target price
2.45 USD
Spread / Average Target
+4.70%
Consensus
  1. Stock Market
  2. Equities
  3. CTV Stock
  4. Financials Innovid Corp.