← Perion Network Ltd.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $312.8m |
$274.0m
-12.41%
|
$252.8m
-7.72%
|
$261.4m
+3.40%
|
$328.1m
+25.48%
|
$478.5m
+45.86%
|
$640.3m
+33.81%
|
$743.2m
+16.07%
|
$498.3m
-32.95%
|
$439.9m
-11.71%
|
$441.0m
+0.23%
|
|
| Cost of Revenue | $16.5m |
$24.7m
+49.31%
|
$23.8m
-3.66%
|
$25.5m
+7.42%
|
$300.0m
+1075.51%
|
$411.7m
+37.23%
|
$507.3m
+23.23%
|
$594.6m
+17.22%
|
$462.6m
-22.20%
|
$418.4m
-9.55%
|
$289.3m
-30.87%
|
|
| Gross Profit (Calculated) (derived) | $296.3m |
$249.3m
-15.85%
|
$229.1m
-8.12%
|
$235.9m
+2.99%
|
$28.1m
-88.10%
|
$66.8m
+138.06%
|
$133.0m
+98.98%
|
$148.5m
+11.70%
|
$35.7m
-75.99%
|
$21.5m
-39.71%
|
— | |
| Research and Development Expense | $26.5m | $17.2m | $18.9m | $22.6m | $30.9m | $35.3m | $34.4m | $33.1m | $36.7m | $34.7m | $33.1m | |
| Selling and Marketing Expense | $58.6m | $52.7m | $38.9m | $34.7m | $39.1m | $53.2m | $56.0m | $58.0m | $68.5m | $76.5m | $116.6m | |
| General and Administrative Expense | $32.9m | $21.9m | $16.4m | $15.0m | $15.8m | $20.9m | $23.8m | $31.8m | $38.7m | $36.4m | $36.4m | |
| Amortization of Intangible Assets | $22.0m | — | — | — | — | — | — | — | — | — | — | |
| Operating Lease, Expense | — | — | — | — | — | $4.4m | $2.8m | $2.0m | $3.9m | $2.9m | — | |
| Restructuring Costs | — | — | — | — | — | — | — | — | $6.9m | $1.3m | — | |
| Operating Expenses | $301.4m | $349.6m | $238.2m | $243.4m | $315.8m | $432.6m | $531.1m | $626.4m | $501.3m | $454.8m | $458.1m | |
| Operating Income (Loss) | $11.3m |
($75.7m)
-766.71%
|
$14.7m
+119.42%
|
$18.0m
+22.58%
|
$12.3m
-31.96%
|
$45.9m
+274.57%
|
$109.2m
+137.85%
|
$116.7m
+6.94%
|
($3.0m)
-102.60%
|
($14.9m)
-390.52%
|
($17.1m)
-15.00%
|
|
| Interest Expense, Debt | $5.3m | $4.8m | $3.8m | $2.3m | $1.0m | — | — | — | — | — | $669k | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($980k) | ($83k) | ($3k) | $86k | ($19k) | $223k | ($20k) | $27k | ($53k) | $481k | — | |
| Other income (expense): | ||||||||||||
| Nonoperating Income (Expense) | ($8.3m) | ($5.9m) | ($3.8m) | ($3.5m) | ($2.6m) | ($581k) | $4.5m | $21.0m | $18.5m | $9.9m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | ($3.4m) | $10.5m | $9.1m | $21.1m | $12.2m | $38.9m | $106.6m | $129.7m | $5.9m | ($16.9m) | ($8.6m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $3.1m | ($81.6m) | $10.9m | $14.5m | $9.6m | $45.3m | $113.7m | $137.7m | $15.5m | ($5.0m) | ($8.6m) | |
| Current Income Tax Expense (Benefit) | $3.5m | $1.2m | $1.7m | $3.8m | $2.5m | $7.9m | $16.8m | $21.6m | $5.9m | $6.2m | $1.0m | |
| Income Tax Expense (Benefit) | $212k | ($8.8m) | $2.8m | $1.6m | ($610k) | $6.6m | $14.4m | $20.3m | $2.9m | $3.0m | $1.0m | |
| Net Income (Loss) Attributable to Parent | $201k |
($72.8m)
-36296.02%
|
$8.1m
+111.16%
|
$12.9m
+58.76%
|
$10.2m
-20.69%
|
$38.7m
+278.54%
|
$99.2m
+156.36%
|
$117.4m
+18.33%
|
$12.6m
-89.26%
|
($7.9m)
-162.89%
|
($9.6m)
-20.86%
|
|
| Earnings Per Share, Basic | $0.00 | ($0.94) | $0.31 | $0.50 | $0.38 | $1.13 | $2.21 | $2.49 | $0.27 | ($0.19) | ($0.26) | |
| Earnings Per Share, Diluted | $0.00 | ($0.94) | $0.31 | $0.49 | $0.36 | $1.02 | $2.06 | $2.34 | $0.25 | ($0.19) | ($0.26) | |
| Income (Loss) from Continuing Operations, Per Basic Share | $0 | ($1) | $0 | $0 | $0 | $1 | $2 | $2 | $0 | ($0) | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $0 | ($1) | $0 | $0 | $0 | $1 | $2 | $2 | $0 | ($0) | — | |
| Weighted Average Number of Shares Outstanding, Basic | 76.6m | 77.5m | 25.9m | 26.0m | 26.7m | 34.4m | 44.9m | 47.1m | 47.3m | 42.1m | 40.7m | |
| Weighted Average Number of Shares Outstanding, Diluted | 76.7m | 77.5m | 25.9m | 26.4m | 28.8m | 37.8m | 48.1m | 50.1m | 49.6m | 42.1m | 40.7m | |
| Additional Financial Items | ||||||||||||
| Capitalized Computer Software, Amortization | $769k | $843k | $3.0m | $3.6m | $3.1m | $1.4m | — | — | — | — | — | |
| Cost, Depreciation and Amortization | — | — | — | — | — | — | $1.4m | $1.4m | — | — | — | |
| Goodwill, Impairment Loss | — | $65.7m | — | — | — | — | — | — | — | — | $2.0m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $2.8m | ($72.8m) | $8.1m | $12.9m | $10.2m | $38.7m | $99.2m | $117.4m | $12.6m | ($7.9m) | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $2.8m | ($72.8m) | $8.1m | $12.9m | $10.2m | $38.7m | $99.2m | $117.4m | $12.6m | ($7.9m) | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($2.6m) | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | ($2.6m) | — | — | — | — | — | — | — | — | — | — |