← Taboola.com Ltd.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||
| Net Income From Continuing Operations | ($28.0m) | $8.5m | ($24.9m) | ($12.0m) | ($82.0m) | ($3.8m) | $42.3m | $118.8m | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($28.0m) |
($14.4m)
+48.48%
|
($36.9m)
-155.50%
|
($12.0m)
+67.54%
|
($82.0m)
-585.09%
|
($3.8m)
+95.42%
|
$42.3m
+1224.57%
|
— | |
| Depreciation, Depletion and Amortization | $39.4m | $31.4m | $30.1m | $27.7m | $32.6m | $37.3m | $29.2m | $65.9m | |
| Amortization of Debt Issuance Costs | — | $0 | $402k | — | — | — | — | — | |
| Amortization of Intangible Assets | — | $2.6m | $23.0m | $63.6m | $63.9m | $60.5m | $51.4m | — | |
| Capitalized Computer Software, Amortization | — | $1.5m | $1.9m | $5.4m | $12.4m | $17.3m | $16.6m | — | |
| Amortization of loan issuance cost | $0 | $0 | $402k | — | — | — | — | — | |
| Amortization Cash Flow | — | — | $23.0m | $63.6m | $63.9m | — | — | — | |
| Amortization Of Intangibles | — | — | $23.0m | $63.6m | $63.9m | — | — | $63.9m | |
| Amortization Of Securities | — | — | — | ($679k) | ($914k) | $177k | $0 | $94k | |
| Depreciation Amortization Depletion | — | — | — | $91.2m | $96.5m | $100.9m | $83.5m | $65.9m | |
| Deferred Income Tax Expense (Benefit) | — | ($1.7m) | ($653k) | ($15.8m) | ($15.5m) | ($9.3m) | ($26.9m) | ($25.5m) | |
| Decrease in deferred taxes, net | ($239k) | ($3.4m) | ($1.6m) | — | — | — | — | — | |
| Deferred Income Tax | — | — | — | ($17.3m) | ($15.5m) | ($9.3m) | ($25.5m) | ($25.5m) | |
| Deferred Tax | — | — | — | ($17.3m) | ($15.5m) | ($9.3m) | ($25.5m) | ($25.5m) | |
| Share-based Payment Arrangement, Noncash Expense | — | $28.3m | $128.0m | $74.9m | $64.3m | $67.1m | $63.9m | $60.2m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $0 | $6.2m | $5.8m | $3.8m | $3.1m | $6.0m | — | |
| Share-based Payment Arrangement, Expense | — | $28.3m | $128.0m | $74.9m | $64.3m | $67.1m | $63.9m | $60.2m | |
| Goodwill, Impairment Loss | — | — | — | $0 | $0 | $0 | $0 | — | |
| Changes in operating assets and liabilities: | |||||||||
| Change In Working Capital | — | — | — | ($82.0m) | $20.2m | $23.8m | $26.8m | $18.2m | |
| Increase (Decrease) in Accounts Receivable | — | $3.3m | $40.1m | $11.2m | $49.6m | $63.8m | ($9.9m) | ($21.0m) | |
| Increase in trade receivables | ($15.3m) | ($3.3m) | ($40.1m) | — | — | — | — | — | |
| Change In Receivables | — | — | — | ($11.2m) | ($49.6m) | ($63.8m) | $9.9m | ($21.0m) | |
| Changes In Account Receivables | — | — | — | ($11.2m) | ($49.6m) | ($63.8m) | $9.9m | ($21.0m) | |
| Increase in trade payables | $31.6m | $23.4m | $23.9m | — | — | — | — | — | |
| Change In Payables And Accrued Expense | — | — | — | ($38.8m) | $61.8m | $61.5m | $20.8m | ($15.0m) | |
| Purchases of property and equipment, accrued but unpaid | — | $17.8m | $39.1m | $34.9m | $32.1m | $35.2m | $44.9m | ($52.0m) | |
| Accrued interest, net | ($161k) | $520k | $0 | — | — | — | — | — | |
| Increase in accrued expenses and other current liabilities | $5.2m | $34.3m | $16.2m | — | — | — | — | — | |
| Change In Accrued Expense | — | — | — | ($21.9m) | $25.2m | $35.6m | $9.0m | $42.5m | |
| Decrease (increase) in prepaid expenses and other current assets and long-term prepaid expenses | ($24.8m) | $18.0m | ($64.9m) | — | — | — | — | — | |
| Change In Other Current Assets | — | — | — | $15.5m | $16.8m | $19.9m | $25.8m | $28.0m | |
| Change In Other Current Liabilities | — | — | — | ($19.4m) | ($14.7m) | ($22.4m) | ($21.1m) | ($26.0m) | |
| Net Cash Provided by (Used in) Operating Activities | $18.1m |
$139.1m
+670.31%
|
$63.5m
-54.33%
|
$53.5m
-15.80%
|
$84.4m
+57.75%
|
$184.3m
+118.47%
|
$208.4m
+13.04%
|
$252.8m
+21.31%
|
|
| Cash flows from investing activities: | |||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | — | ($1.6m) | $0 | ($339k) | ($2.0m) | |
| Payments to Acquire Property, Plant, and Equipment | $3.1m | $17.8m | $39.1m | $34.9m | $32.1m | $35.2m | $44.9m | ($52.0m) | |
| Cash paid in connection with acquisitions, net of cash received | ($4.0m) | ($202k) | ($583.5m) | — | — | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | $719k | $0 | $0 | |
| Net Other Investing Changes | — | — | $2.1m | $91k | ($730k) | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($47.5m) | $10.9m | ($620.5m) | ($139.6m) | $59.6m | ($30.1m) | ($40.9m) | ($51.8m) | |
| Cash flows from financing activities: | |||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | — | ($6.6m) | — | |
| Proceeds from Issuance of Long-term Debt | — | $0 | $288.8m | $0 | $0 | — | — | $548.6m | |
| Proceeds from long-term loan, net of debt issuance cost | $0 | $0 | $288.8m | — | — | — | — | — | |
| Issuance Of Debt | — | — | — | $0 | $0 | $0 | $506.5m | $548.6m | |
| Long Term Debt Issuance | — | — | — | $0 | $0 | $0 | $506.5m | $548.6m | |
| Net Issuance Payments Of Debt | — | — | — | ($64.3m) | ($82.2m) | ($30.0m) | ($23.0m) | ($16.0m) | |
| Net Long Term Debt Issuance | — | — | — | ($64.3m) | ($82.2m) | ($30.0m) | ($23.0m) | ($16.0m) | |
| Repayments of Long-term Debt | — | — | — | $64.3m | $82.2m | $30.0m | $122.7m | ($564.6m) | |
| Long Term Debt Payments | — | — | — | ($64.3m) | ($82.2m) | ($30.0m) | ($529.4m) | ($564.6m) | |
| Repayment Of Debt | — | — | — | ($64.3m) | ($82.2m) | ($30.0m) | ($529.4m) | ($564.6m) | |
| Issuance Of Capital Stock | — | — | $285.4m | $0 | $0 | — | — | — | |
| Repurchase Of Capital Stock | — | — | — | $0 | ($55.5m) | ($73.8m) | ($256.3m) | ($171.0m) | |
| Proceeds from Issuance of Common Stock | — | $0 | $285.4m | $0 | $0 | — | — | — | |
| Common Stock Issuance | — | — | $285.4m | $0 | $0 | — | — | — | |
| Net Common Stock Issuance | — | — | — | $0 | ($55.5m) | ($73.8m) | ($256.3m) | ($171.0m) | |
| Payments for Repurchase of Common Stock | — | — | — | — | $55.5m | $73.6m | $255.4m | — | |
| Common Stock Payments | — | — | — | $0 | ($55.5m) | ($73.8m) | ($256.3m) | ($171.0m) | |
| Net Other Financing Charges | — | — | — | ($7.0m) | ($3.8m) | ($3.8m) | ($6.9m) | ($10.9m) | |
| Net Cash Provided by (Used in) Financing Activities | $991k |
$2.6m
+162.66%
|
$631.1m
+24146.14%
|
($62.9m)
-109.96%
|
($134.6m)
-114.10%
|
($100.0m)
+25.73%
|
($277.3m)
-177.36%
|
($183.1m)
+33.96%
|
|
| Increase (decrease) in cash and cash equivalents | ($28.0m) | $155.9m | $76.5m | — | — | — | — | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $155.9m | $76.5m | ($153.4m) | $10.2m | $50.5m | ($105.7m) | $133.1m | |
| Beginning Cash Position | — | — | — | $319.3m | $165.9m | $176.1m | $226.6m | $115.2m | |
| Cash and cash equivalents - at the beginning of the period | $86.9m | $242.8m | $319.3m | — | — | — | — | — | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $3.3m | $2.3m | ($4.5m) | $816k | ($3.8m) | $4.2m | ($66k) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $242.8m | $319.3m | $165.9m | $176.1m | $226.6m | $120.9m | $133.1m | |
| Effect Of Exchange Rate Changes | — | — | — | ($4.5m) | $816k | ($3.8m) | $4.2m | ($66k) | |
| Additional Supplementary Disclosures | |||||||||
| Additional Supplementary Disclosures | |||||||||
| Income Tax Expense (Benefit) | — | $14.9m | $23.0m | $7.5m | $5.5m | $17.7m | — | — | |
| Change in operating lease right of use assets | $12.5m | $13.8m | $14.5m | — | — | — | — | — | |
| Change in operating lease liabilities | ($9.9m) | ($11.7m) | ($16.0m) | — | — | — | — | — | |
| Creation of operating lease right-of-use assets | $5.6m | $14.6m | $4.5m | — | — | — | — | — | |
| Noncash investing and financing activities: | |||||||||
| Additional Financial Items | |||||||||
| Proceeds from Stock Options Exercised | — | $2.6m | $10.0m | $8.4m | $7.0m | $7.6m | $8.9m | — | |
| General and Administrative Expense | — | $60.1m | $130.3m | $101.8m | $106.7m | $97.3m | $102.2m | — | |
| Goodwill | — | $19.2m | $550.4m | $555.9m | $555.9m | $555.9m | $555.9m | — | |
| Operating Expenses | — | $293.3m | $454.3m | $477.9m | $489.3m | $508.3m | $525.5m | — | |
| Share based compensation expenses | $8.2m | $28.3m | $128.0m | — | — | — | — | $60.2m | |
| Net gain from financing (income) | ($454k) | ($3.3m) | ($2.3m) | — | — | — | — | — | |
| Revaluation of warrants liability | $0 | $0 | ($22.7m) | — | — | — | — | — | |
| Proceeds from (investment in) restricted deposits | ($583k) | ($104k) | $2.1m | — | — | — | — | — | |
| Proceeds from (investment in) short-term deposits | $1.4m | $29.0m | $0 | — | — | — | — | — | |
| Exercise of options and vested RSUs | $991k | $2.6m | $10.0m | — | — | — | — | — | |
| Issuance of share, net of offering costs | $0 | $0 | $285.4m | — | — | — | — | — | |
| Payments of tax withholding for share based compensation | $0 | $0 | ($6.2m) | — | — | — | — | — | |
| Issuance of Warrants | $0 | $0 | $53.9m | — | — | — | — | — | |
| Repayment of current portion of long-term loan | $0 | $0 | ($750k) | — | — | — | — | — | |
| Income taxes | $7.9m | $10.0m | $15.5m | $28.8m | $18.0m | $19.9m | $29.7m | — | |
| Interest | $0 | $715k | $1.1m | $20.7m | $18.5m | $14.3m | $5.6m | $4.4m | |
| Deferred offering costs incurred during the period included in the long-term prepaid expenses | $0 | $2.1m | $0 | — | — | — | — | — | |
| Acquisition of Celltick activity | $202k | $0 | $0 | — | — | — | — | — | |
| Fair value of ordinary shares issued as consideration of the acquisition | $0 | $0 | $157.7m | — | — | — | — | — | |
| Share based compensation included in capitalized internal-use software | $0 | $0 | $783k | — | — | — | — | $60.2m | |
| Cash Flow From Continuing Financing Activities | — | — | — | ($62.9m) | ($134.6m) | ($100.0m) | ($277.3m) | ($183.1m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | ($139.6m) | $59.6m | ($30.1m) | ($40.9m) | ($51.8m) | |
| Change In Account Payable | — | — | — | ($16.8m) | $36.6m | $25.9m | $11.8m | ($15.0m) | |
| Change In Other Working Capital | — | — | — | ($17.3m) | ($15.5m) | ($9.3m) | — | ($6.2m) | |
| Change In Payable | — | — | — | ($16.8m) | $36.6m | $25.9m | $11.8m | ($15.0m) | |
| Change In Prepaid Assets | — | — | — | ($10.8m) | $5.9m | $28.7m | ($8.6m) | $4.7m | |
| Changes In Cash | — | — | — | ($148.9m) | $9.4m | $54.2m | ($109.9m) | $17.9m | |
| End Cash Position | — | — | — | $165.9m | $176.1m | $226.6m | $120.9m | $133.1m | |
| Financing Cash Flow | — | — | — | ($62.9m) |
($134.6m)
-114.10%
|
($100.0m)
+25.73%
|
($277.3m)
-177.36%
|
($183.1m)
+33.96%
|
|
| Free Cash Flow | — | — | — | $18.6m | $52.2m | $149.2m | $163.4m | $200.8m | |
| Gain Loss On Investment Securities | — | — | — | ($24.5m) | ($627k) | ($2.8m) | ($2.9m) | ($2.5m) | |
| Gain Loss On Sale Of PPE | — | — | — | $0 | $1.6m | $0 | $339k | $520k | |
| Investing Cash Flow | — | — | — | ($139.6m) | $59.6m | ($30.1m) | ($40.9m) | ($51.8m) | |
| Net Business Purchase And Sale | — | — | — | ($8.0m) | $0 | ($719k) | $0 | $0 | |
| Net PPE Purchase And Sale | — | — | — | ($34.9m) | ($32.1m) | ($35.2m) | ($44.9m) | ($52.0m) | |
| Operating Gains Losses | — | — | — | ($24.5m) | $944k | ($2.8m) | $4.1m | ($2.0m) | |
| Other Non Cash Items | — | — | — | $6.5m | $803k | $8.1m | $13.3m | — | |
| Proceeds From Stock Option Exercised | — | — | — | $8.4m | $7.0m | $7.6m | $8.9m | $14.8m | |
| Purchase Of Business | — | — | — | ($8.0m) | $0 | ($719k) | $0 | $0 | |
| Purchase Of PPE | — | — | — | ($34.9m) | ($32.1m) | ($35.2m) | ($44.9m) | ($52.0m) | |
| Stock Based Compensation | — | — | — | $74.9m | $64.3m | $67.1m | $63.9m | $60.2m | |
| Derivative, Gain (Loss) on Derivative, Net | — | — | — | $4.9m | $2.4m | — | — | — | |
| Net Investment Purchase And Sale | — | — | — | ($96.8m) | $92.5m | $5.8m | $4.0m | $200k | |
| Purchase Of Investment | — | — | — | ($126.4m) | ($22.0m) | $0 | $0 | $0 | |
| Sale Of Investment | — | — | — | $29.6m | $114.5m | $5.8m | $4.0m | $200k | |
| Exchange differences on balances of cash and cash equivalents | $454k | $3.3m | $2.3m | — | — | — | — | — | |
| Supplemental disclosure of cash flow information: | |||||||||
| Change In Cash Supplemental As Reported | — | — | — | ($153.4m) | $10.2m | $50.5m | ($105.7m) | — |