Sapiens International Corporation N.V. (TLV: SPNS)

SPNS Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	122.65	126.72	160.29	190.24	152.56	66.3
Short-Term Investments	63.8	75.4	20	20	30	-
Cash & Short-Term Investments	186.45	202.12	180.29	210.24	182.56	66.3
Cash Growth	3.92%	12.11%	-14.25%	15.16%	175.38%	2.58%
Accounts Receivable	102.1	90.27	93.38	76.26	65.41	50.22
Other Receivables	20.26	22.51	11.53	13.65	19.39	7.82
Receivables	122.36	112.79	104.91	89.91	84.8	58.04
Other Current Assets	-	-	0.11	0.19	-	22.89
Total Current Assets	308.81	314.9	285.31	300.35	267.36	147.22
Property, Plant & Equipment	32.57	36.22	45.71	58.12	71.36	66.14
Goodwill	-	256.31	252.23	261.14	264.28	170.7
Other Intangible Assets	307.23	61.04	67.43	82.14	99.32	57.99
Long-Term Accounts Receivable	-	3.99	1.9	1.64	0.77	0.36
Long-Term Deferred Tax Assets	-	11.05	9.42	3.12	1.87	2.81
Other Long-Term Assets	18.93	6.11	6.35	8.48	9.2	7.2
Total Assets	667.54	689.62	668.34	714.99	714.16	452.42
Accounts Payable	11.3	6.29	9.42	5.01	5.39	5.11
Accrued Expenses	74.06	77.87	76.96	76.45	74.41	60.51
Current Portion of Long-Term Debt	19.8	19.8	19.8	19.8	19.8	9.9
Current Portion of Leases	5.71	6.62	9.06	10.83	9.92	8.31
Current Unearned Revenue	31.93	38.54	30.72	39.61	34.55	21.02
Other Current Liabilities	-	-	-	-	0.71	0.07
Total Current Liabilities	142.78	149.12	145.96	151.7	144.78	104.91
Long-Term Debt	19.77	39.54	59.28	78.99	98.68	58.85
Long-Term Leases	17.82	21.08	28.43	38.75	48.77	43.39
Long-Term Unearned Revenue	-	-	-	0.3	0.52	0.22
Long-Term Deferred Tax Liabilities	8.52	10.82	11.36	15.36	16.01	5.08
Other Long-Term Liabilities	18.91	19.11	20.38	21.08	21.19	14.47
Total Liabilities	207.8	239.68	265.4	306.17	329.95	226.92
Common Stock	459.74	0.76	0.76	0.76	0.75	0.7
Additional Paid-In Capital	-	353.32	344.73	340.84	334.69	217.01
Retained Earnings	-	119.88	85.58	71.56	44.64	17.91
Treasury Stock	-	-9.42	-9.42	-9.42	-9.42	-9.42
Comprensive Income & Other	-	-17.26	-21.14	2.82	11.03	-2.38
Total Common Equity	459.74	447.27	400.5	406.55	381.69	223.82
Minority Interest	-	2.68	2.44	2.27	2.52	1.68
Shareholders' Equity	459.74	449.95	402.94	408.82	384.21	225.5
Total Liabilities & Equity	667.54	689.62	668.34	714.99	714.16	452.42
Total Debt	63.09	87.05	116.57	148.36	177.17	120.45
Net Cash (Debt)	123.36	115.07	63.72	61.88	5.39	-54.16
Net Cash Growth	36.15%	80.59%	2.97%	1047.68%	-	-
Net Cash Per Share	2.20	2.07	1.15	1.11	0.10	-1.07
Filing Date Shares Outstanding	55.8	55.74	55.16	55.08	54.68	50.23
Total Common Shares Outstanding	55.8	55.73	55.14	55.07	54.66	50.16
Working Capital	166.02	165.78	139.35	148.65	122.58	42.31
Book Value Per Share	8.24	8.03	7.26	7.38	6.98	4.46
Tangible Book Value	152.51	129.92	80.84	63.27	18.09	-4.87
Tangible Book Value Per Share	2.73	2.33	1.47	1.15	0.33	-0.10
Buildings	-	9.04	8.19	9.21	10.48	9.41
Machinery	-	41.73	48.36	54.5	53.86	50.27

Source: S&P Capital IQ. Standard template. Financial Sources.