Innovid Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	151.56	139.88	127.12	90.29	68.8	56.34
Revenue Growth (YoY)	12.30%	10.04%	40.79%	31.24%	22.12%	-
Cost of Revenue	35.27	33.81	30.19	17.7	12.31	10.58
Gross Profit	116.29	106.08	96.93	72.59	56.49	45.76
Selling, General & Admin	86.65	84.66	89.41	53.48	36.62	37.03
Research & Development	27.05	26.88	31.12	24.3	18.01	14.77
Operating Expenses	126.28	122.23	126.12	78.44	55.37	51.8
Operating Income	-9.99	-16.15	-29.19	-5.85	1.12	-6.05
Interest Expense	-0.55	-1.45	-0.68	-0.26	-0.33	-0.3
Interest & Investment Income	1.62	1.52	0.75	0.02	-	-
Other Non Operating Income (Expenses)	-0.26	3.35	13.28	-4.14	-0.41	-0.09
EBT Excluding Unusual Items	-9.17	-12.73	-15.85	-10.24	0.39	-6.43
Impairment of Goodwill	-	-14.5	-	-	-	-
Asset Writedown	0.1	-2.3	-0.55	-	-	-
Pretax Income	-9.07	-29.54	-16.39	-10.24	0.39	-6.43
Income Tax Expense	4.7	2.37	2.02	1.24	1.2	0.9
Net Income	-13.77	-31.91	-18.41	-11.47	-0.81	-7.33
Preferred Dividends & Other Adjustments	-	-	-	77.06	7.3	2.01
Net Income to Common	-13.77	-31.91	-18.41	-88.54	-8.11	-9.34
Shares Outstanding (Basic)	144	139	131	27	16	16
Shares Outstanding (Diluted)	144	139	131	27	16	16
Shares Change (YoY)	5.05%	5.98%	388.90%	66.86%	0.89%	-
EPS (Basic)	-0.10	-0.23	-0.14	-3.31	-0.51	-0.59
EPS (Diluted)	-0.10	-0.23	-0.14	-3.31	-0.51	-0.59
Free Cash Flow	15.65	11.76	-12.05	-2.97	-5.19	-10.64
Free Cash Flow Per Share	0.11	0.08	-0.09	-0.11	-0.32	-0.67
Gross Margin	76.73%	75.83%	76.25%	80.40%	82.11%	81.22%
Operating Margin	-6.59%	-11.55%	-22.97%	-6.48%	1.63%	-10.73%
Profit Margin	-9.09%	-22.81%	-14.48%	-98.06%	-11.79%	-16.58%
Free Cash Flow Margin	10.32%	8.40%	-9.48%	-3.29%	-7.54%	-18.88%
EBITDA	0.19	-5.46	-23.6	-5.19	1.85	-5.61
EBITDA Margin	0.13%	-3.90%	-18.56%	-5.75%	2.69%	-9.96%
D&A For EBITDA	10.18	10.7	5.6	0.66	0.73	0.43
EBIT	-9.99	-16.15	-29.19	-5.85	1.12	-6.05
EBIT Margin	-6.59%	-11.55%	-22.97%	-6.48%	1.63%	-10.73%
Effective Tax Rate	-	-	-	-	309.28%	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q