Similarweb Ltd. - Understand $smwb stock

$SMWB Market Cap: $1.109 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$241.1M

TTM

Gross Margin

78.74%

TTM

Net Earnings

-$9.445M

TTM

Current Assets

$122.3M

Q3 2024

Current Liabilities

$162.6M

Q3 2024

Current Ratio

75.21%

Q3 2024

Total Assets

$226.4M

Q3 2024

Total Liabilities

$200.2M

Q3 2024

Book Value

$26.18M

Q3 2024

Cash

$60.13M

Q3 2024

P/E

-117.5

Nov 29, 2024 EST

Free Cash Flow

$28.29M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019
Revenue	$218.0M	$193.2M	$137.7M	$93.49M	$70.59M
YoY Change	12.83%	40.36%	47.25%	32.44%	36.96%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019
Revenue	$218.0M	$193.2M	$137.7M	$93.49M	$70.59M
Cost Of Revenue	$47.09M	$53.27M	$31.75M	$21.42M	$20.51M
Gross Profit	$170.9M	$140.0M	$105.9M	$72.07M	$50.08M
Gross Profit Margin	78.4%	72.43%	76.94%	77.09%	70.94%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019
Selling, General & Admin	$143.6M	$167.9M	$127.7M	$69.39M	$49.82M
YoY Change	-14.49%	31.52%	83.99%	39.28%	13.0%
% of Gross Profit	84.0%	119.97%	120.54%	96.28%	99.48%
Research & Development	$56.16M	$59.90M	$44.42M	$21.85M	$16.07M
YoY Change	-6.25%	34.87%	103.28%	35.97%	-2.25%
% of Gross Profit	32.85%	42.8%	41.94%	30.32%	32.09%
Depreciation & Amortization	$10.26M	$10.58M	$3.167M	$1.960M	$1.780M
YoY Change	-3.08%	234.2%	61.58%	10.11%
% of Gross Profit	6.0%	7.56%	2.99%	2.72%	3.55%
Operating Expenses	$199.7M	$227.8M	$172.1M	$91.24M	$65.89M
YoY Change	-12.33%	32.38%	88.61%	38.47%	8.86%
Operating Profit	-$28.81M	-$87.86M	-$66.17M	-$19.17M	-$15.81M
YoY Change	-67.21%	32.77%	245.19%	21.25%	-51.44%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019
Interest Expense	$941.0K	$4.421M	-$1.825M	-$2.180M	-$1.440M
YoY Change	-78.72%	-342.25%	-16.28%	51.39%	87.01%
% of Operating Profit
Other Income/Expense, Net	$0.00	$290.0K	$0.00	$0.00
YoY Change	-100.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019
Pretax Income	-$27.87M	-$83.15M	-$68.00M	-$21.36M	-$17.25M
YoY Change	-66.49%	22.28%	218.34%	23.83%	-48.24%
Income Tax	$1.507M	$516.0K	$981.0K	$640.0K	$460.0K
% Of Pretax Income
Net Earnings	-$29.37M	-$83.66M	-$68.98M	-$22.00M	-$17.71M
YoY Change	-64.89%	21.28%	213.54%	24.22%	-47.51%
Net Earnings / Revenue	-13.47%	-43.3%	-50.11%	-23.53%	-25.09%
Basic Earnings Per Share	-$0.38	-$1.10	-$1.30	-$1.58
Diluted Earnings Per Share	-$0.38	-$1.11	-$1.297M	-$296.1K	-$238.4K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019
Cash & Short-Term Investments	$71.73M	$77.81M	$128.9M	$53.90M	$7.500M
YoY Change	-7.81%	-39.63%	139.11%	618.67%
Cash & Equivalents	$71.73M	$77.81M	$128.9M	$23.90M	$7.000M
Short-Term Investments			$0.00	$30.00M	$400.0K
Other Short-Term Assets	$26.78M	$26.23M	$26.76M	$8.600M	$6.300M
YoY Change	2.11%	-1.98%	211.19%	36.51%
Inventory
Prepaid Expenses
Receivables	$47.87M	$38.14M	$31.02M	$25.30M	$18.60M
Other Receivables	$0.00	$0.00	$1.029M	$400.0K	$600.0K
Total Short-Term Assets	$146.4M	$142.2M	$187.7M	$88.20M	$33.00M
YoY Change	2.96%	-24.25%	112.8%	167.27%
Property, Plant & Equipment	$64.64M	$72.65M	$6.356M	$6.100M	$6.900M
YoY Change	-11.02%	1042.95%	4.2%	-11.59%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$10.34M	$8.789M	$10.02M	$6.400M	$3.200M
YoY Change	17.64%	-12.29%	56.58%	100.0%
Total Long-Term Assets	$92.63M	$103.9M	$39.31M	$15.40M	$13.00M
YoY Change	-10.82%	164.2%	155.27%	18.46%
Total Assets	$239.0M	$246.0M	$227.0M	$103.6M	$46.00M
YoY Change
Accounts Payable	$8.422M	$7.144M	$11.30M	$4.300M	$3.100M
YoY Change	17.89%	-36.8%	162.86%	38.71%
Accrued Expenses	$27.53M	$27.60M	$23.93M	$19.40M	$11.70M
YoY Change	-0.26%	15.37%	23.33%	65.81%
Deferred Revenue
YoY Change
Short-Term Debt	$25.00M	$25.00M	$0.00	$26.90M	$16.90M
YoY Change	0.0%		-100.0%	59.17%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$184.2M	$180.9M	$134.1M	$109.1M	$75.50M
YoY Change	1.8%	34.88%	22.96%	44.5%
Long-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$39.28M	$43.16M	$7.938M	$3.800M	$3.700M
YoY Change	-8.99%	443.74%	108.89%	2.7%
Total Long-Term Liabilities	$39.28M	$43.16M	$7.938M	$3.800M	$3.700M
YoY Change	-8.99%	443.74%	108.89%	2.7%
Total Liabilities	$223.5M	$224.1M	$142.1M	$112.9M	$79.20M
YoY Change	-0.28%	57.72%	25.85%	42.55%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	77.75M shares	75.72M shares	53.20M shares	14.44M shares
Diluted Shares Outstanding	77.75M shares	75.72M shares	53.20M shares	14.44M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $1.1095 Billion

About SIMILARWEB LTD.

SimilarWeb Ltd. engages in the provision of digital market intelligence platform. The platform collect, analyze and share the information with their clients to empowers customers to be competitive in their markets. The company presents estimated statistics of websites and mobile applications.

Industry: Services-Computer Programming, Data Processing, Etc. Peers: Cellebrite DI Ltd. Cognyte Software Ltd. Pagaya Technologies Ltd. RISKIFIED LTD. SAPIENS INTERNATIONAL CORP N V WalkMe Ltd.