← Fiverr International Ltd.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | ($19.3m) |
($36.1m)
-86.61%
|
($33.5m)
+6.99%
|
($14.8m)
+55.84%
|
($65.0m)
-338.97%
|
($71.5m)
-9.96%
|
$3.7m
+105.15%
|
$18.2m
+395.68%
|
$21.0m
+15.00%
|
$30.0m
+43.12%
|
|
| Depreciation Expense | $1.1m | $2.2m | $3.6m | $4.3m | $6.9m | $10.2m | $6.0m | $10.5m | $14.7m | $13.2m | |
| Amortization of premium and accretion of discount on marketable securities, net | — | — | ($988k) | $1.1m | $7.9m | $6.4m | ($730k) | ($4.8m) | ($1.1m) | — | |
| Deferred tax assets, net | — | — | — | — | — | — | $0 | ($22.5m) | ($3.8m) | — | |
| Share-based compensation | $1.4m | $11.6m | $8.9m | $15.8m | $55.4m | $71.8m | $68.7m | $73.9m | $51.4m | $38.8m | |
| Impairment of intangible assets | — | — | — | $0 | $0 | $27.6m | $0 | $0 | $2.4m | — | |
| Impairment of lease ROU asset | — | — | — | — | $0 | $0 | $211k | $0 | $0 | — | |
| Other receivables | $11k | ($143k) | ($1.6m) | ($1.8m) | ($6.2m) | ($4.8m) | ($2.9m) | ($18.3m) | $5.8m | — | |
| Other receivables and non-current assets | $2.5m | ($142k) | ($40k) | $107k | $0 | ($1.3m) | $0 | ($300k) | $0 | — | |
| Trade payables | ($145k) | $808k | $240k | ($127k) | $4.7m | ($113k) | ($3.2m) | ($409k) | $2.6m | — | |
| Account payables, accrued expenses and other | $2.4m | $1.9m | $8.7m | $10.7m | $13.4m | $4.0m | $9.3m | $8.0m | $2.5m | — | |
| Deferred revenue | — | — | $3.2m | $2.7m | $4.1m | ($792k) | ($306k) | $2.3m | ($1.5m) | — | |
| Net cash provided by operating activities | ($5.3m) |
($51.7m)
-881.87%
|
($13.9m)
+73.02%
|
$17.1m
+222.88%
|
$38.0m
+121.98%
|
$30.1m
-20.83%
|
$83.2m
+176.26%
|
$83.1m
-0.14%
|
$104.6m
+25.91%
|
$86.1m
-17.68%
|
|
| Purchase of property and equipment | ($2.2m) | ($767k) | ($1.0m) | ($2.1m) | ($1.7m) | ($1.2m) | ($1.1m) | ($1.3m) | ($647k) | ($542k) | |
| Investment in marketable securities | — | — | ($214.3m) | ($431.2m) | ($282.4m) | ($141.7m) | ($309.2m) | ($87.3m) | ($55.7m) | — | |
| Proceeds from Investments | — | — | $105.0m | $183.2m | $193.8m | $130.7m | $273.2m | $159.2m | $352.2m | $372.9m | |
| Net cash provided by (used in) investing activities | $5.1m | $26.1m | ($136.1m) | ($326.4m) | ($229.5m) | ($14.6m) | $9.8m | ($28.8m) | $378.6m | $257.1m | |
| Repayment of debt to previous shareholder of the acquired business | — | — | — | — | — | $0 | $0 | ($4.0m) | $0 | ($460.0m) | |
| Net cash provided by (used in) financing activities | $1.3m |
$53.9m
+4200.72%
|
$118.0m
+118.96%
|
$551.8m
+367.67%
|
($2.4m)
-100.43%
|
($1.6m)
+31.71%
|
$2.9m
+274.22%
|
($104.2m)
-3754.35%
|
($491.8m)
-371.87%
|
($505.6m)
-2.81%
|
|
| Increase (decrease) in cash and cash equivalents | $1.7m | $28.1m | ($31.8m) | $243.9m | ($194.0m) | $13.8m | $95.8m | ($50.2m) | ($8.3m) | — | |
| Cash and cash equivalents at the beginning of the year | $27.9m | $56.0m | $24.2m | $268.0m | $74.1m | $87.9m | $183.7m | $133.5m | $125.2m | — | |
| Exchange rate fluctuations and other items, net | ($225k) | ($77k) | $65k | ($1.1m) | $242k | $31k | $71k | $226k | ($391k) | — | |
| Effect of exchange rate fluctuations on cash and cash equivalents | $627k | ($190k) | $245k | $1.3m | ($130k) | ($32k) | ($29k) | ($230k) | $344k | — | |
| Additional Supplementary Disclosures | |||||||||||
| Additional Supplementary Disclosures | |||||||||||
| Interest Expense | $158k | $148k | $131k | $115k | $107k | $246k | $145k | $118k | $214k | — | |
| Gain from sale of subsidiary | — | — | — | — | — | — | $0 | $0 | $750k | — | |
| Revaluation of earn-outs | — | — | — | $398k | $11.8m | ($12.2m) | ($570k) | $3.2m | $15.6m | — | |
| User funds | — | ($39.7m) | ($16.2m) | ($42.0m) | ($29.7m) | ($15.3m) | ($8.6m) | ($1.7m) | ($6.5m) | — | |
| Operating lease ROU assets and liabilities | — | — | $0 | $1.1m | $253k | ($1.5m) | ($205k) | ($104k) | $417k | — | |
| User accounts | $9.1m | $7.5m | $13.3m | $39.0m | $26.6m | $14.4m | $9.2m | ($512k) | $7.8m | — | |
| Payment of earn-out | — | — | — | — | — | ($1.1m) | $0 | ($4.4m) | ($2.5m) | — | |
| Escrow Payment for contingent consideration | — | — | $0 | ($2.0m) | ($507k) | ($504k) | $0 | ($12.2m) | ($5.7m) | — | |
| Non-current liabilities | $356k | $130k | $398k | $208k | — | $0 | $1.1m | $3.0m | $996k | — | |
| Investment in short-term bank deposits | — | $30.5m | ($15.0m) | ($74.4m) | ($41.1m) | $0 | $46.9m | ($66.4m) | ($5.1m) | — | |
| Proceeds from short-term bank deposits | — | — | — | — | — | $0 | $46.9m | $8.2m | $107.8m | — | |
| Acquisition of business, net of cash acquired | — | ($2.7m) | ($10.0m) | $0 | ($97.1m) | $0 | $0 | ($39.7m) | ($20.1m) | — | |
| Acquisition of intangible asset | — | — | $0 | ($1.2m) | $0 | ($175k) | $0 | ($1.1m) | $0 | — | |
| Capitalization of internal-use software | ($1.2m) | ($830k) | ($739k) | ($711k) | ($894k) | ($1.0m) | ($60k) | ($103k) | ($661k) | — | |
| Repurchases of ordinary shares | — | — | — | — | — | $0 | $0 | ($100.1m) | ($32.5m) | — | |
| Proceeds from Stock Issuance | $396k | $53.1m | $4.3m | $9.2m | $8.3m | $3.8m | $2.8m | $3.3m | $3.4m | — | |
| Proceeds from (payments of) withholding tax related to employees’ exercises of share options and RSUs, net | — | — | — | $11.3m | ($9.0m) | ($2.0m) | $87k | $859k | ($153k) | — | |
| Repayment of convertible notes at maturity | — | — | — | — | — | — | $0 | $0 | ($460.0m) | — | |
| Non-cash contingent consideration (Earn-out) | — | — | — | — | — | — | $0 | $0 | $1.7m | — | |
| Issuance of shares under employee share purchase plan | — | — | — | — | — | — | $3.5m | $3.5m | $3.8m | — | |
| Lease liabilities arising from obtaining right-of-use assets | — | — | $0 | $19.0m | $229k | $359k | $465k | $1.2m | $1.0m | — | |
| Cash paid for income taxes | $309k | $146k | $36k | $0 | $78k | $235k | $589k | $5.7m | $7.9m | — |