← SIMILARWEB LTD.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Net loss | ($17.7m) | ($22.0m) | ($69.0m) | ($83.7m) | ($29.4m) | ($11.5m) | ($32.9m) | — | |
| Depreciation and amortization | $1.8m | $2.0m | $3.2m | $10.6m | $10.3m | $10.5m | $9.0m | $9.0m | |
| Share-based compensation | $2.0m | $4.8m | $11.2m | $17.0m | $18.1m | $17.6m | $21.2m | $20.1m | |
| Share-based compensation included in capitalized internal-use software | — | — | — | $0 | $37k | $104k | $12k | $20.1m | |
| Increase in accounts receivable, net | ($6.0m) | ($6.6m) | ($5.1m) | ($6.9m) | ($9.7m) | ($2.1m) | ($2.3m) | — | |
| Increase in accounts payable | ($189k) | $1.3m | $6.6m | ($4.3m) | $1.3m | $3.6m | $1.5m | — | |
| Increase in other payables and accrued expenses | $2.5m | $9.6m | $13.2m | ($316k) | $1.4m | $5.2m | $11.3m | — | |
| Deferred costs of property and equipment incurred during the period included in accounts payable | — | $0 | $0 | $116k | $139k | $227k | $137k | — | |
| Increase in deferred revenue | $8.9m | $12.9m | $24.4m | $15.1m | $6.7m | $6.4m | $2.7m | — | |
| Decrease (increase) in prepaid expenses and other current assets | — | — | — | — | $617k | $612k | ($716k) | — | |
| Proceeds from exercise of share options included in other current assets | — | — | $0 | $0 | $11k | $29k | $6k | — | |
| Net cash (used in) provided by operating activities | ($9.7m) |
($3.8m)
+61.21%
|
($27.6m)
-634.71%
|
($46.1m)
-66.75%
|
($3.0m)
+93.40%
|
$30.2m
+1093.22%
|
$14.6m
-51.47%
|
$10.0m
-31.70%
|
|
| Gain on sale of equipment | — | $0 | $0 | ($142k) | $0 | ($12k) | ($31k) | — | |
| Purchase of property and equipment, net | ($284k) | ($748k) | ($2.3m) | ($28.3m) | ($1.6m) | ($1.4m) | ($1.5m) | ($1.7m) | |
| Net cash used in investing activities | $479k | ($30.8m) | $7.4m | ($33.0m) | ($2.6m) | ($18.7m) | ($13.2m) | ($10.4m) | |
| Net cash provided by (used in) financing activities | $10.4m |
$51.2m
+393.09%
|
$125.2m
+144.49%
|
$29.1m
-76.75%
|
$1.2m
-95.91%
|
($18.8m)
-1680.29%
|
$6.9m
+136.69%
|
$6.4m
-7.51%
|
|
| Net decrease (increase) in cash and cash equivalents | $1.2m | $16.9m | $104.9m | ($51.1m) | ($6.1m) | ($7.9m) | $8.6m | — | |
| Cash and cash equivalents, beginning of period | $5.8m | $7.0m | $23.9m | $128.9m | $77.8m | $71.7m | $63.9m | — | |
| Effect of exchange rates on cash and cash equivalents | $51k | $202k | ($45k) | ($1.1m) | ($1.6m) | ($500k) | $225k | — | |
| Additional Supplementary Disclosures | |||||||||
| Additional Supplementary Disclosures | |||||||||
| Finance expense (income) | ($51k) | ($202k) | $45k | $1.1m | $1.6m | $500k | ($225k) | — | |
| Unrealized (gain) loss from hedging transactions | ($435k) | $313k | ($23k) | ($20k) | ($52k) | $103k | ($32k) | — | |
| Change in operating lease right-of-use assets and liabilities, net | — | $0 | $0 | $5.7m | ($1.9m) | ($1.1m) | $3.5m | — | |
| (Increase) decrease in deferred contract costs | ($873k) | ($5.2m) | ($6.1m) | ($459k) | ($2.9m) | ($258k) | $1.5m | — | |
| Increase in other non-current assets | $186k | ($272k) | ($412k) | $372k | ($53k) | ($6k) | ($86k) | — | |
| Increase in other non-current liabilities | $426k | $327k | $475k | ($1.5m) | $961k | $528k | $156k | — | |
| Capitalized internal-use software costs | ($1.5m) | ($387k) | ($502k) | ($2.9m) | ($821k) | ($1.3m) | ($163k) | — | |
| (Increase) decrease in restricted deposits | $706k | ($72k) | ($10.0m) | $1.7m | ($206k) | ($552k) | $4.2m | — | |
| Payment for business combinations, net of cash acquired | $0 | $0 | ($9.5m) | ($3.8m) | $0 | ($15.4m) | ($15.8m) | — | |
| Proceeds from exercise of stock options | $589k | $1.4m | $1.2m | $2.0m | $2.3m | $4.7m | $4.6m | — | |
| Proceeds from employee share purchase plan | — | $0 | $0 | $2.1m | $1.3m | $1.5m | $2.3m | — | |
| Repayment of Credit Facility | $0 | $0 | ($56.8m) | $0 | $0 | ($25.0m) | $0 | — | |
| Payments of contingent consideration, net | — | — | $0 | $0 | ($2.4m) | $0 | $0 | — | |
| Additions to operating lease right-of-use assets and liabilities | — | $0 | $0 | $9.5m | $2.6m | $6.1m | $7.2m | — | |
| Deferred payments related to business combinations | — | — | $0 | $0 | $1.3m | $340k | $0 | — |