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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	146.15	126.72	160.29	190.24	152.56	66.3
Short-Term Investments	39.8	75.4	20	20	30	-
Cash & Short-Term Investments	185.95	202.12	180.29	210.24	182.56	66.3
Cash Growth	7.82%	12.11%	-14.25%	15.16%	175.38%	2.58%
Accounts Receivable	109.67	90.27	93.38	76.26	65.41	50.22
Other Receivables	25.77	22.51	11.53	13.65	19.39	7.82
Receivables	135.44	112.79	104.91	89.91	84.8	58.04
Other Current Assets	-	-	0.11	0.19	-	22.89
Total Current Assets	321.39	314.9	285.31	300.35	267.36	147.22
Property, Plant & Equipment	31.93	36.22	45.71	58.12	71.36	66.14
Goodwill	-	256.31	252.23	261.14	264.28	170.7
Other Intangible Assets	310.53	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	19.44	6.11	6.35	8.48	9.2	7.2
Total Assets	683.3	689.62	668.34	714.99	714.16	452.42
Accounts Payable	8.22	6.29	9.42	5.01	5.39	5.11
Accrued Expenses	80.61	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	5.86	6.62	9.06	10.83	9.92	8.31
Current Unearned Revenue	32.81	38.54	30.72	39.61	34.55	21.02
Other Current Liabilities	-	-	-	-	0.71	0.07
Total Current Liabilities	147.3	149.12	145.96	151.7	144.78	104.91
Long-Term Debt	19.78	39.54	59.28	78.99	98.68	58.85
Long-Term Leases	17.53	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	7.94	10.82	11.36	15.36	16.01	5.08
Other Long-Term Liabilities	19.44	19.11	20.38	21.08	21.19	14.47
Total Liabilities	211.99	239.68	265.4	306.17	329.95	226.92
Common Stock	471.31	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
Comprehensive Income & Other	-	-17.26	-21.14	2.82	11.03	-2.38
Total Common Equity	471.31	447.27	400.5	406.55	381.69	223.82
Minority Interest	-	2.68	2.44	2.27	2.52	1.68
Shareholders' Equity	471.31	449.95	402.94	408.82	384.21	225.5
Total Liabilities & Equity	683.3	689.62	668.34	714.99	714.16	452.42
Total Debt	62.97	87.05	116.57	148.36	177.17	120.45
Net Cash (Debt)	122.99	115.07	63.72	61.88	5.39	-54.16
Net Cash Growth	44.32%	80.59%	2.97%	1047.68%	-	-
Net Cash Per Share	2.19	2.07	1.15	1.11	0.10	-1.07
Filing Date Shares Outstanding	55.85	55.74	55.16	55.08	54.68	50.23
Total Common Shares Outstanding	55.85	55.73	55.14	55.07	54.66	50.16
Working Capital	174.09	165.78	139.35	148.65	122.58	42.31
Book Value Per Share	8.44	8.03	7.26	7.38	6.98	4.46
Tangible Book Value	160.78	129.92	80.84	63.27	18.09	-4.87
Tangible Book Value Per Share	2.88	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.