Financial Snapshot

Revenue
$602.9M
TTM
Gross Margin
33.91%
TTM
Net Earnings
$47.07M
TTM
Current Assets
$537.5M
Q3 2024
Current Liabilities
$138.6M
Q3 2024
Current Ratio
387.75%
Q3 2024
Total Assets
$892.5M
Q3 2024
Total Liabilities
$170.7M
Q3 2024
Book Value
$721.8M
Q3 2024
Cash
$154.7M
Q3 2024
P/E
8.421
Nov 15, 2024 EST
Free Cash Flow
$47.07M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Revenue $743.2M $640.3M $478.5M $328.1M $261.5M $252.8M $274.0M $312.8M $221.0M $388.7M $325.5M $537.0M $481.7M $29.50M $27.20M $21.90M $18.70M $10.90M $7.400M $6.200M $5.200M $4.100M
YoY Change 16.07% 33.81% 45.84% 25.47% 3.44% -7.74% -12.4% 41.54% -43.14% 19.42% -39.39% 11.48% 1532.88% 8.46% 24.2% 17.11% 71.56% 47.3% 19.35% 19.23% 26.83%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Revenue $743.2M $640.3M $478.5M $328.1M $261.5M $252.8M $274.0M $312.8M $221.0M $388.7M $325.5M $537.0M $481.7M $29.50M $27.20M $21.90M $18.70M $10.90M $7.400M $6.200M $5.200M $4.100M
Cost Of Revenue $470.8M $30.40M $25.20M $22.50M $25.50M $23.80M $24.70M $16.50M $7.900M $27.80M $6.100M $5.500M $4.200M $1.600M $1.500M $1.800M $1.700M $900.0K $600.0K $500.0K $400.0K $200.0K
Gross Profit $272.4M $609.9M $453.3M $305.6M $235.9M $229.1M $249.3M $296.3M $213.1M $360.9M $319.4M $531.5M $477.6M $27.90M $25.70M $20.10M $16.90M $10.00M $6.800M $5.700M $4.800M $3.900M
Gross Profit Margin 36.65% 95.25% 94.73% 93.14% 90.21% 90.63% 90.99% 94.73% 96.43% 92.85% 98.13% 98.98% 99.15% 94.58% 94.49% 91.78% 90.37% 91.74% 91.89% 91.94% 92.31% 95.12%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Selling, General & Admin $89.79M $79.83M $74.14M $54.90M $49.70M $55.40M $74.70M $91.50M $54.00M $63.00M $29.40M $12.60M $22.00M $8.200M $8.000M $11.10M $8.400M $4.500M $1.800M $1.800M $1.300M $1.400M
YoY Change 12.48% 7.67% 35.05% 10.46% -10.29% -25.84% -18.36% 69.44% -14.29% 114.29% 133.33% -42.73% 168.29% 2.5% -27.93% 32.14% 86.67% 150.0% 0.0% 38.46% -7.14%
% of Gross Profit 32.96% 13.09% 16.36% 17.96% 21.07% 24.18% 29.96% 30.88% 25.34% 17.46% 9.2% 2.37% 4.61% 29.39% 31.13% 55.22% 49.7% 45.0% 26.47% 31.58% 27.08% 35.9%
Research & Development $33.07M $34.42M $35.35M $30.90M $22.60M $18.90M $17.20M $26.50M $21.70M $44.10M $22.40M $16.90M $18.30M $6.600M $6.300M $7.600M $6.100M $3.300M $2.000M $1.300M $1.300M $1.200M
YoY Change -3.94% -2.61% 14.39% 36.73% 19.58% 9.88% -35.09% 22.12% -50.79% 96.88% 32.54% -7.65% 177.27% 4.76% -17.11% 24.59% 84.85% 65.0% 53.85% 0.0% 8.33%
% of Gross Profit 12.14% 5.64% 7.8% 10.11% 9.58% 8.25% 6.9% 8.94% 10.18% 12.22% 7.01% 3.18% 3.83% 23.66% 24.51% 37.81% 36.09% 33.0% 29.41% 22.81% 27.08% 30.77%
Depreciation & Amortization $14.09M $13.84M $9.897M $9.920M $9.710M $9.720M $16.59M $25.98M $11.42M $21.32M $2.110M $3.570M $1.390M $740.0K $720.0K $1.050M $510.0K $250.0K $70.00K $40.00K $110.0K $200.0K
YoY Change 1.84% 39.82% -0.23% 2.16% -0.1% -41.41% -36.14% 127.5% -46.44% 910.43% -40.9% 156.83% 87.84% 2.78% -31.43% 105.88% 104.0% 257.14% 75.0% -63.64% -45.0%
% of Gross Profit 5.17% 2.27% 2.18% 3.25% 4.12% 4.24% 6.65% 8.77% 5.36% 5.91% 0.66% 0.67% 0.29% 2.65% 2.8% 5.22% 3.02% 2.5% 1.03% 0.7% 2.29% 5.13%
Operating Expenses $155.6M $531.1M $119.4M $95.70M $82.00M $84.00M $108.3M $144.0M $87.10M $107.1M $51.80M $29.50M $40.30M $14.80M $14.20M $18.70M $14.50M $7.700M $3.900M $3.100M $2.600M $2.500M
YoY Change -70.69% 344.85% 24.75% 16.71% -2.38% -22.44% -24.79% 65.33% -18.67% 106.76% 75.59% -26.8% 172.3% 4.23% -24.06% 28.97% 88.31% 97.44% 25.81% 19.23% 4.0%
Operating Profit $116.7M $109.2M $333.9M $209.9M $153.9M $145.1M $141.0M $152.3M $126.0M $253.8M $267.6M $502.0M $437.3M $13.10M $11.50M $1.400M $2.400M $2.300M $2.900M $2.600M $2.200M $1.400M
YoY Change 6.94% -67.31% 59.08% 36.39% 6.06% 2.91% -7.42% 20.87% -50.35% -5.16% -46.69% 14.8% 3238.17% 13.91% 721.43% -41.67% 4.35% -20.69% 11.54% 18.18% 57.14%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Interest Expense $20.95M $4.502M -$1.120M -$3.000M -$4.600M -$7.000M -$8.800M -$9.100M -$3.300M -$2.900M $2.800M $7.700M -$600.0K $300.0K $100.0K $4.500M -$3.600M $1.000M $0.00 $100.0K $0.00 $0.00
YoY Change 365.37% -501.96% -62.67% -34.78% -34.29% -20.45% -3.3% 175.76% 13.79% -203.57% -63.64% -1383.33% -300.0% 200.0% -97.78% -225.0% -460.0% -100.0%
% of Operating Profit 17.95% 4.12% -0.34% -1.43% -2.99% -4.82% -6.24% -5.98% -2.62% -1.14% 1.05% 1.53% -0.14% 2.29% 0.87% 321.43% -150.0% 43.48% 0.0% 3.85% 0.0% 0.0%
Other Income/Expense, Net $20.95M $4.502M $539.0K $300.0K $1.200M $3.200M $2.900M $800.0K $1.300M
YoY Change 365.37% 735.25% 79.67% -75.0% -62.5% 10.34% 262.5% -38.46%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Pretax Income $137.7M $113.7M $45.32M $9.600M $14.50M $10.90M -$81.60M $3.100M -$41.00M $52.40M $85.00M $390.2M $323.2M $11.60M $11.60M $4.700M -$1.400M $3.200M $2.900M $2.600M $2.200M $1.300M
YoY Change 21.14% 150.83% 372.03% -33.79% 33.03% -113.36% -2732.26% -107.56% -178.24% -38.35% -78.22% 20.73% 2686.21% 0.0% 146.81% -435.71% -143.75% 10.34% 11.54% 18.18% 69.23%
Income Tax $20.28M $14.44M $6.609M -$600.0K $1.600M $2.800M -$9.700M $200.0K $700.0K $9.600M $22.60M $75.40M $22.60M $3.200M $3.500M $300.0K $1.400M $800.0K $1.800M -$200.0K -$100.0K $0.00
% Of Pretax Income 14.73% 12.7% 14.58% -6.25% 11.03% 25.69% 6.45% 18.32% 26.59% 19.32% 6.99% 27.59% 30.17% 6.38% 25.0% 62.07% -7.69% -4.55% 0.0%
Net Earnings $117.4M $99.23M $38.71M $10.20M $12.90M $8.100M -$72.80M $200.0K -$68.70M $42.80M $28.60M $290.9M $286.4M $8.400M $8.000M $4.400M -$2.800M $2.500M $1.100M $2.800M $2.400M $1.300M
YoY Change 18.33% 156.36% 279.47% -20.93% 59.26% -111.13% -36500.0% -100.29% -260.51% 49.65% -90.17% 1.57% 3309.52% 5.0% 81.82% -257.14% -212.0% 127.27% -60.71% 16.67% 84.62%
Net Earnings / Revenue 15.8% 15.5% 8.09% 3.11% 4.93% 3.2% -26.57% 0.06% -31.09% 11.01% 8.79% 54.17% 59.46% 28.47% 29.41% 20.09% -14.97% 22.94% 14.86% 45.16% 46.15% 31.71%
Basic Earnings Per Share $2.49 $2.21 $1.13 $0.38
Diluted Earnings Per Share $2.35 $2.06 $1.023M $354.2K $488.6K $312.7K -$3.059M $7.843K -$2.887M $1.829M $1.563M $16.34M $16.75M $2.545M $2.500M $1.375M -$903.2K $833.3K $611.1K $1.647M $1.412M $764.7K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Cash & Short-Term Investments $472.7M $429.6M $321.6M $60.40M $61.60M $43.10M $37.50M $32.40M $60.00M $116.2M $900.0K $21.80M $11.30M $31.00M $29.60M $26.60M $23.40M $25.70M $4.900M $5.600M $3.800M
YoY Change 10.02% 33.57% 432.53% -1.95% 42.92% 14.93% 15.74% -46.0% -48.36% 12811.11% -95.87% 92.92% -63.55% 4.73% 11.28% 13.68% -8.95% 424.49% -12.5% 47.37%
Cash & Equivalents $187.6M $176.2M $104.4M $47.70M $38.40M $39.10M $31.60M $24.00M $17.50M $101.2M $900.0K $21.80M $11.30M $16.10M $24.40M $7.800M $4.600M $8.400M $2.400M $4.300M $2.200M
Short-Term Investments $285.1M $253.4M $217.2M $12.70M $23.20M $4.000M $5.900M $8.400M $42.40M $15.00M $15.00M $5.200M $18.80M $18.80M $17.40M $2.500M $1.300M $1.600M
Other Short-Term Assets $22.37M $13.34M $9.164M $5.800M $4.400M $5.300M $13.90M $10.00M $17.40M $9.200M $400.0K $15.40M $6.300M $4.000M $4.600M $400.0K $400.0K $400.0K $300.0K $300.0K $100.0K
YoY Change 67.66% 45.61% 58.0% 31.82% -16.98% -61.87% 39.0% -42.53% 89.13% 2200.0% -97.4% 144.44% 57.5% -13.04% 1050.0% 0.0% 0.0% 33.33% 0.0% 200.0%
Inventory
Prepaid Expenses
Receivables $231.5M $160.5M $115.4M $81.20M $49.10M $55.60M $62.80M $71.30M $66.70M $30.80M $0.00 $10.20M $3.300M $2.800M $2.300M $2.200M $2.000M $1.800M $1.800M $1.700M $600.0K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $400.0K $100.0K $500.0K $200.0K $4.900M $2.000M $600.0K $100.0K $0.00 $0.00
Total Short-Term Assets $726.6M $603.5M $446.2M $147.4M $115.1M $103.9M $114.3M $113.8M $144.0M $156.2M $1.300M $47.70M $21.00M $38.30M $36.70M $34.10M $27.80M $28.60M $7.000M $7.600M $4.500M
YoY Change 20.4% 35.25% 202.69% 28.06% 10.78% -9.1% 0.44% -20.97% -7.81% 11915.38% -97.27% 127.14% -45.17% 4.36% 7.62% 22.66% -2.8% 308.57% -7.89% 68.89%
Property, Plant & Equipment $9.788M $13.74M $15.79M $27.00M $33.30M $15.60M $17.50M $14.20M $12.70M $12.20M $2.200M $1.500M $1.300M $1.400M $1.400M $1.500M $1.800M $900.0K $300.0K $100.0K $100.0K
YoY Change -28.77% -12.97% -41.52% -18.92% 113.46% -10.86% 23.24% 11.81% 4.1% 454.55% 46.67% 15.38% -7.14% 0.0% -6.67% -16.67% 100.0% 200.0% 200.0% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $600.0K $400.0K $200.0K $100.0K $100.0K
YoY Change 50.0% 100.0% 100.0% 0.0%
Other Assets $2.902M $5.828M $5.307M $7.600M $6.900M $5.400M $5.900M $5.700M $15.80M $6.800M $0.00 $1.200M $1.300M $1.500M $1.700M $1.900M $1.300M $900.0K $1.000M $400.0K $300.0K
YoY Change -50.21% 9.82% -30.17% 10.14% 27.78% -8.47% 3.51% -63.92% 132.35% -100.0% -7.69% -13.33% -11.76% -10.53% 46.15% 44.44% -10.0% 150.0% 33.33%
Total Long-Term Assets $350.7M $266.8M $267.1M $211.3M $168.7M $152.5M $159.7M $254.7M $298.3M $199.9M $29.80M $75.50M $33.90M $3.000M $3.200M $3.600M $4.000M $2.800M $1.500M $700.0K $500.0K
YoY Change 31.46% -0.11% 26.39% 25.25% 10.62% -4.51% -37.3% -14.62% 49.22% 570.81% -60.53% 122.71% 1030.0% -6.25% -11.11% -10.0% 42.86% 86.67% 114.29% 40.0%
Total Assets $1.077B $870.2M $713.2M $358.7M $283.8M $256.4M $274.0M $368.5M $442.3M $356.1M $31.10M $123.2M $54.90M $41.30M $39.90M $37.70M $31.80M $31.40M $8.500M $8.300M $5.000M
YoY Change
Accounts Payable $217.2M $155.9M $107.7M $72.50M $47.70M $38.20M $39.20M $38.30M $40.40M $21.20M $13.40M $9.600M $3.200M $1.800M $1.000M $1.900M $1.500M $500.0K $100.0K $100.0K $100.0K
YoY Change 39.35% 44.67% 48.59% 51.99% 24.87% -2.55% 2.35% -5.2% 90.57% 58.21% 39.58% 200.0% 77.78% 80.0% -47.37% 26.67% 200.0% 400.0% 0.0% 0.0%
Accrued Expenses $46.83M $41.77M $43.20M $24.90M $21.80M $17.00M $16.90M $16.40M $22.90M $25.50M $1.400M $14.70M $7.000M $5.200M $5.200M $4.400M $3.200M $2.900M $1.600M $400.0K $500.0K
YoY Change 12.13% -3.32% 73.51% 14.22% 28.24% 0.59% 3.05% -28.38% -10.2% 1721.43% -90.48% 110.0% 34.62% 0.0% 18.18% 37.5% 10.34% 81.25% 300.0% -20.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $8.300M $8.300M $16.10M $14.00M $17.90M $23.80M $2.300M $0.00 $2.300M $0.00
YoY Change -100.0% 0.0% -48.45% 15.0% -21.79% -24.79% 934.78% -100.0%
Total Short-Term Liabilities $340.0M $234.6M $193.7M $120.1M $83.30M $77.10M $81.40M $86.70M $106.6M $64.90M $21.00M $52.00M $21.00M $10.20M $9.900M $9.000M $8.000M $7.000M $4.100M $1.400M $600.0K
YoY Change 44.93% 21.11% 61.29% 44.18% 8.04% -5.28% -6.11% -18.67% 64.25% 209.05% -59.62% 147.62% 105.88% 3.03% 10.0% 12.5% 14.29% 70.73% 192.86% 133.33%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $8.300M $24.40M $46.70M $59.80M $75.30M $37.70M $0.00 $6.600M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $3.000M $3.100M $3.100M
YoY Change -100.0% -65.98% -47.75% -21.91% -20.58% 99.73% -100.0% -100.0% -3.23% 0.0%
Other Long-Term Liabilities $19.09M $52.48M $52.57M $54.40M $27.00M $6.200M $7.600M $5.700M $41.10M $7.200M $0.00 $9.900M $2.100M $3.000M $3.000M $3.100M $3.000M $1.800M $1.400M $1.000M $300.0K
YoY Change -63.62% -0.17% -3.37% 101.48% 335.48% -18.42% 33.33% -86.13% 470.83% -100.0% 371.43% -30.0% 0.0% -3.23% 3.33% 66.67% 28.57% 40.0% 233.33%
Total Long-Term Liabilities $19.09M $52.48M $52.57M $54.40M $35.30M $30.60M $54.30M $65.50M $116.4M $44.90M $0.00 $16.50M $2.100M $3.000M $3.000M $3.100M $3.000M $1.800M $4.400M $4.100M $3.400M
YoY Change -63.62% -0.17% -3.37% 54.11% 15.36% -43.65% -17.1% -43.73% 159.24% -100.0% 685.71% -30.0% 0.0% -3.23% 3.33% 66.67% -59.09% 7.32% 20.59%
Total Liabilities $359.1M $287.1M $246.3M $174.6M $118.6M $107.7M $135.7M $160.3M $242.5M $110.1M $21.00M $68.40M $23.10M $13.20M $12.90M $12.10M $11.00M $8.800M $8.500M $5.400M $3.900M
YoY Change 25.09% 16.57% 41.05% 47.22% 10.12% -20.63% -15.35% -33.9% 120.25% 424.29% -69.3% 196.1% 75.0% 2.33% 6.61% 10.0% 25.0% 3.53% 57.41% 38.46%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Basic Shares Outstanding 47.13M shares 44.87M shares 34.40M shares 26.69M shares
Diluted Shares Outstanding 50.07M shares 48.07M shares 37.83M shares 28.80M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $396.43 Million

About Perion Network Ltd

Perion Network Ltd. is a global technology company, which engages in the provision of advertising solutions to brands, agencies, and publishers. The firm delivers the digital advertising. ecosystem, providing brands, agencies and publishers with a holistic ability to identify and reach their customers across all channels with high-impact creative units that are orchestrated by its proprietary Intelligent Hub (iHUB), which offers cross-sell. Perion Network Ltd operates in three main pillars of digital advertising: ad search, social media, and display ,video or CTV. Another aspect of Perion’s technological solutions, is SORT technology. SORT alternative technology is a machine learning model that analyzes millions of data combinations to create cookieless targeting groups consisting of people who think and react to ads like one another.

Industry: Services-Computer Programming Services Peers: