Innovid Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019
Revenue	139.88	127.12	90.29	68.8	56.34
Revenue Growth (YoY)	10.04%	40.79%	31.24%	22.12%	-
Cost of Revenue	33.81	30.19	17.7	12.31	10.58
Gross Profit	106.08	96.93	72.59	56.49	45.76
Selling, General & Admin	84.66	89.41	53.48	36.62	37.03
Research & Development	26.88	31.12	24.3	18.01	14.77
Other Operating Expenses	27.5	6.14	0.66	0.73	0
Operating Expenses	139.03	126.67	78.44	55.37	51.8
Operating Income	-32.96	-29.74	-5.85	1.12	-6.05
Interest Expense / Income	-3.42	-13.35	4.39	0.73	0.39
Pretax Income	-29.54	-16.39	-10.24	0.39	-6.43
Income Tax	2.37	2.02	1.24	1.2	0.9
Net Income	-31.91	-18.41	-11.47	-0.81	-7.33
Preferred Dividends	0	0	77.06	7.3	2.01
Net Income Common	-31.91	-18.41	-88.54	-8.11	-9.34
Shares Outstanding (Basic)	139	131	27	16	16
Shares Outstanding (Diluted)	139	131	27	16	16
Shares Change	5.98%	388.90%	66.86%	0.89%	-
EPS (Basic)	-0.23	-0.14	-3.31	-0.51	-0.59
EPS (Diluted)	-0.23	-0.14	-3.31	-0.51	-0.59
Free Cash Flow	2.13	-22.01	-5.56	-5.18	-10.64
Free Cash Flow Per Share	0.01	-0.17	-0.21	-0.32	-0.67
Gross Margin	75.83%	76.25%	80.40%	82.11%	81.22%
Operating Margin	-23.56%	-23.40%	-6.48%	1.63%	-10.73%
Profit Margin	-22.81%	-14.48%	-98.06%	-11.79%	-16.58%
Free Cash Flow Margin	1.52%	-17.31%	-6.16%	-7.53%	-18.88%
Effective Tax Rate	-	-	-	309.28%	-
EBITDA	-19.96	-23.6	-5.19	1.85	-5.61
EBITDA Margin	-14.27%	-18.56%	-5.75%	2.69%	-9.96%
Depreciation & Amortization	13	6.14	0.66	0.73	0.43
EBIT	-32.96	-29.74	-5.85	1.12	-6.05
EBIT Margin	-23.56%	-23.40%	-6.48%	1.63%	-10.73%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).