Innovid Corp.

CTV

CTVInnovid Corp. US flag

New York Stock Exchange

3.03

USD

+0.01

(+0.33%)

-0.09EPS

-33.67P/E

457.28MMarket Cap

Feb 21Next Earn

Profitability	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Return on Common Equity (%)	- -	- -	- -	- -	- -
Return on Assets (%)	- -	-1.52	-8.66	-7.92	-12.52
Return on Capital (%)	- -	5.79	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -
Gross Margin (%)	81.22	82.11	80.4	76.25	75.83
EBITDA Margin (%)	-9.96	2.69	-5.75	-18.56	-3.9
Operating Margin (%)	-10.73	1.63	-6.48	-23.4	-13.19
Incremental Operating Margin (%)	- -	57.51	- -	- -	- -
Pretax Margin (%)	-11.42	0.56	-11.34	-12.9	-21.12
Profit Margin (%)	-13.02	-1.18	-12.71	-14.48	-22.81
Net Income to Common Margin (%)	-16.58	-11.79	-98.06	-14.48	-22.81
Effective Tax Rate (%)	- -	309.28	- -	- -	- -
Dvd Payout Ratio (%)	21.49	89.99	87.04	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -

Credit	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Total Debt	- -	11	7	24	22
ST Debt	- -	2	6	2	1
LT Debt	- -	9	1	22	21
Total Debt/EBITDA	-0.07	5.87	-1.43	-1.01	-4
Net Debt/EBITDA	2.07	-3.57	29.05	0.74	5.42
Total Debt/EBIT	-0.06	9.69	-1.27	-0.8	-1.18
Net Debt/EBIT	1.93	-5.89	25.76	0.59	1.6
EBITDA to Interest Expense	-14.51	2.52	-1.18	- -	- -
EBITDA-CapEx/Interest Expense	-18.79	1.12	-1.31	- -	- -
EBIT to Interest Expense	-15.62	1.53	-1.33	- -	- -
Interest Expense	- -	1	4	- -	- -
Common Equity/Total Assets	-93.7	-80.92	-64.45	-58.12	-73.13
Long-Term Debt/Equity (%)	- -	- -	0.62	10.51	10.53
Long-Term Debt/Capital (%)	-0.68	-24.03	-0.8	-17.03	-12.82
Long-Term Debt/Total Assets (%)	0.63	15.05	0.48	8.33	8.26
Total Debt/Equity (%)	-0.85	-21.86	4.6	11.57	11.14
Total Debt/Capital (%)	-0.83	-29.18	-5.93	-18.75	-13.57
Total Debt/Total Assets (%)	0.77	18.28	3.61	9.18	8.74
Net Debt to Equity	27.21	13.3	-93.45	-8.52	-15.1
Net Debt/Capital (%)	20.98	12.5	53.49	10.66	14.05
EBITDA	-6	2	-5	-24	-5
EBITDA-CapEx	-7	1	-6	-24	-6
Operating Income (Loss)	-6	1	-6	-30	-18

Liquidity	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Cash Ratio	1.35	1.42	7.17	2.24	1.95
Current Ratio	4.59	4.68	8.94	4.43	3.99
Quick Ratio	4.41	4.57	8.79	4.3	3.77
CFO/Avg Current Liab	- -	-0.42	-0.15	-0.54	0.53
Common Equity/Total Assets	-93.7	-80.92	-64.45	-58.12	-73.13
Long-Term Debt/Equity (%)	- -	- -	0.62	10.51	10.53
Long-Term Debt/Capital (%)	-0.68	-24.03	-0.8	-17.03	-12.82
Long-Term Debt/Total Assets (%)	0.63	15.05	0.48	8.33	8.26
Total Debt/Equity (%)	-0.85	-21.86	4.6	11.57	11.14
Total Debt/Capital (%)	-0.83	-29.18	-5.93	-18.75	-13.57
Total Debt/Total Assets (%)	0.77	18.28	3.61	9.18	8.74
CFO/Total Liabilities	-9.98	-3.81	-5.47	-21.54	23.05
CFO/CapEx	-5.42	-4.04	-4.41	-23.69	18.19
Altman's Z-Score	20.38	17.43	2.88	1.66	1.62

Working Capital	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Accounts Receivable Turnover	- -	2.25	2.57	3.22	3.11
Days Sales Outstanding	- -	162.43	141.94	113.53	117.52
Inventory Turnover	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	5.79	5.14	7.2	10.96
Accounts Payable Turnover Days	- -	63.05	70.95	50.7	33.31
Cash Conversion Cycle	- -	99.39	71	62.82	84.2
Inventory to Cash Days	- -	162.43	141.94	113.53	117.52
Inventories	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -

Enterprise Value	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Market Capitalization	3,014	2,993	178	224	208
- Cash & Cash Equivalents	12	16	157	38	50
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -
+ Total Debt	- -	11	7	24	22
Enterprise Value	3,003	2,988	29	200	180
Total Capital	-44	-37	-125	-127	-161
Total Debt/Capital (%)	-0.83	-29.18	-5.93	-18.75	-13.57
Total Debt / EV	- -	- -	0.26	0.12	0.12
EV/Sales	53.3	43.43	0.32	1.57	1.29
EV/EBITDA	- -	1,613.28	- -	- -	- -
EV/EBIT	- -	2,662.92	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	11.45	- -	14.47
EV/Free Cash Flow to Firm	- -	- -	9.39	- -	13.71
Diluted Market Cap	3,014	2,993	178	224	208
Diluted Enterprise Value	3,003	2,988	29	210	180
EV per Share	25.25	25.12	1.07	1.53	1.3
TTM Sales	56	69	90	127	140
TTM EBITDA	-6	2	-5	-24	-5
TTM Operating Income	-6	1	-6	-30	-18
TTM Cash Flow to Firm	-9	-6	2	-12	12
TTM Free Cash Flow to Firm	-7	-5	3	-11	13

Multiples	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Price/Earnings	- -	- -	- -	- -	- -
Price/Earnings Average	-318.17	-357.03	-2.92	-27.14	-5.76
Price/Earnings High	-332.21	-386.94	-3.13	-53.2	-11.86
Price/Earnings Low	-250.21	-197.43	-1.87	-11.01	-3.26
Price/Book Value	-68.18	-62.2	-1.34	-1.48	-1.14
Price/Book Value Average	-67.23	-60.18	-1.95	-3.31	-1.01
Price/Book Value High	-70.2	-65.22	-2.09	-6.49	-2.07
Price/Book Value Low	-52.87	-33.28	-1.25	-1.34	-0.57
Price/Tangible Book Value	-63.35	-55.09	1.13	3.79	3
Price/Tangible Book Value Average	-62.47	-53.3	1.65	8.47	2.66
Price/Tangible Book Value High	-65.23	-57.77	1.77	16.59	5.47
Price/Tangible Book Value Low	-49.13	-29.47	1.06	3.43	1.5
Price/Sales	53.5	43.5	1.97	1.76	1.49
Price/Sales Average	52.75	42.08	2.86	3.93	1.31
Price/Sales High	55.08	45.61	3.07	7.7	2.7
Price/Sales Low	41.49	23.27	1.84	1.59	0.74
Price/Cash Flow	-335.56	-719.54	-73.46	-19.34	16.71
Price/Cash Flow Average	-330.88	-696.12	-106.75	-43.23	14.78
Price/Cash Flow High	-345.49	-754.43	-114.45	-84.71	30.41
Price/Cash Flow Low	-260.21	-384.94	-68.49	-17.53	8.35
Price/Free Cash Flow	-411.46	-956.4	-95.01	-20.19	15.84
Price/Free Cash Flow Average	-405.73	-925.27	-138.06	-45.13	14.01
Price/Free Cash Flow High	-423.64	-1,002.77	-148.01	-88.45	28.83
Price/Free Cash Flow Low	-319.07	-511.65	-88.58	-18.3	7.92
EV/Sales	53.3	43.43	0.32	1.57	1.29
EV/Sales Average	52.55	42.01	1.21	3.82	1.12
EV/Sales High	54.88	45.54	1.42	7.6	2.51
EV/Sales Low	41.29	23.2	0.18	1.49	0.54
EV/EBITDA	- -	1,613.28	- -	- -	- -
EV/EBITDA Average	-527.38	1,560.69	-21.04	-20.6	-28.6
EV/EBITDA High	-550.75	1,691.63	-24.63	-40.92	-64.23
EV/EBITDA Low	-414.31	861.87	-3.19	-8.01	-13.96
EV/EBIT	- -	2,662.92	- -	- -	- -
EV/EBIT Average	-489.78	2,576.12	-18.66	-16.34	-8.46
EV/EBIT High	-511.48	2,792.25	-21.85	-32.47	-19
EV/EBIT Low	-384.77	1,422.62	-2.83	-6.35	-4.13
Last Price	25.34	25.16	6.65	1.71	1.5
High Price	26.09	26.38	10.36	7.49	2.73
Low Price	19.65	13.46	6.2	1.55	0.75
Enterprise Value	3,003	2,988	29	200	180
Enterprise Value Average	2,961	2,890	109	486	156
Enterprise Value High	3,092	3,133	128	966	351
Enterprise Value Low	2,326	1,596	17	189	76

Per Share Data Items	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Shares Outstanding	119	119	119	134	141
Diluted Weighted Avg Shares	119	119	27	131	139
Basic Weighted Avg Shares	119	119	27	131	139
Revenue per Share	0.47	0.58	3.38	0.97	1.01
EBITDA per Share	-0.05	0.02	-0.19	-0.18	-0.04
Operating Income per Share	-0.05	0.01	-0.22	-0.23	-0.13
Basic EPS, GAAP	-0.08	-0.07	-3.31	-0.14	-0.23
Basic EPS from Cont Ops	-0.06	-0.01	-0.43	-0.14	-0.23
Diluted EPS, GAAP	-0.08	-0.07	-3.31	-0.14	-0.23
Diluted EPS from Cont Ops	-0.06	-0.01	-0.43	-0.14	-0.23
Dividend per Share	- -	- -	- -	- -	- -
Cash Flow per Share	-0.08	-0.03	-0.09	-0.09	0.09
Free Cash Flow per Basic Share	-0.09	-0.04	-0.11	-0.09	0.08
Cash & Equivalents per Share	0.1	0.13	5.86	0.36	0.36
Book Value per Share	-0.37	-0.4	-4.95	-1.15	-1.32
Tangible Book Value per Share	-0.4	-0.46	5.86	0.45	0.5

Profitability	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Return on Common Equity (%)	- -	- -	- -	- -	- -
Return on Assets (%)	- -	-1.52	-8.66	-7.92	-12.52
Return on Capital (%)	- -	5.79	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -
Gross Margin (%)	81.22	82.11	80.4	76.25	75.83
EBITDA Margin (%)	-9.96	2.69	-5.75	-18.56	-3.9
Operating Margin (%)	-10.73	1.63	-6.48	-23.4	-13.19
Incremental Operating Margin (%)	- -	57.51	- -	- -	- -
Pretax Margin (%)	-11.42	0.56	-11.34	-12.9	-21.12
Profit Margin (%)	-13.02	-1.18	-12.71	-14.48	-22.81
Net Income to Common Margin (%)	-16.58	-11.79	-98.06	-14.48	-22.81
Effective Tax Rate (%)	- -	309.28	- -	- -	- -
Dvd Payout Ratio (%)	21.49	89.99	87.04	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -

Credit	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Total Debt	- -	11	7	24	22
ST Debt	- -	2	6	2	1
LT Debt	- -	9	1	22	21
Total Debt/EBITDA	-0.07	5.87	-1.43	-1.01	-4
Net Debt/EBITDA	2.07	-3.57	29.05	0.74	5.42
Total Debt/EBIT	-0.06	9.69	-1.27	-0.8	-1.18
Net Debt/EBIT	1.93	-5.89	25.76	0.59	1.6
EBITDA to Interest Expense	-14.51	2.52	-1.18	- -	- -
EBITDA-CapEx/Interest Expense	-18.79	1.12	-1.31	- -	- -
EBIT to Interest Expense	-15.62	1.53	-1.33	- -	- -
Interest Expense	- -	1	4	- -	- -
Common Equity/Total Assets	-93.7	-80.92	-64.45	-58.12	-73.13
Long-Term Debt/Equity (%)	- -	- -	0.62	10.51	10.53
Long-Term Debt/Capital (%)	-0.68	-24.03	-0.8	-17.03	-12.82
Long-Term Debt/Total Assets (%)	0.63	15.05	0.48	8.33	8.26
Total Debt/Equity (%)	-0.85	-21.86	4.6	11.57	11.14
Total Debt/Capital (%)	-0.83	-29.18	-5.93	-18.75	-13.57
Total Debt/Total Assets (%)	0.77	18.28	3.61	9.18	8.74
Net Debt to Equity	27.21	13.3	-93.45	-8.52	-15.1
Net Debt/Capital (%)	20.98	12.5	53.49	10.66	14.05
EBITDA	-6	2	-5	-24	-5
EBITDA-CapEx	-7	1	-6	-24	-6
Operating Income (Loss)	-6	1	-6	-30	-18

Liquidity	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Cash Ratio	1.35	1.42	7.17	2.24	1.95
Current Ratio	4.59	4.68	8.94	4.43	3.99
Quick Ratio	4.41	4.57	8.79	4.3	3.77
CFO/Avg Current Liab	- -	-0.42	-0.15	-0.54	0.53
Common Equity/Total Assets	-93.7	-80.92	-64.45	-58.12	-73.13
Long-Term Debt/Equity (%)	- -	- -	0.62	10.51	10.53
Long-Term Debt/Capital (%)	-0.68	-24.03	-0.8	-17.03	-12.82
Long-Term Debt/Total Assets (%)	0.63	15.05	0.48	8.33	8.26
Total Debt/Equity (%)	-0.85	-21.86	4.6	11.57	11.14
Total Debt/Capital (%)	-0.83	-29.18	-5.93	-18.75	-13.57
Total Debt/Total Assets (%)	0.77	18.28	3.61	9.18	8.74
CFO/Total Liabilities	-9.98	-3.81	-5.47	-21.54	23.05
CFO/CapEx	-5.42	-4.04	-4.41	-23.69	18.19
Altman's Z-Score	20.38	17.43	2.88	1.66	1.62

Working Capital	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Accounts Receivable Turnover	- -	2.25	2.57	3.22	3.11
Days Sales Outstanding	- -	162.43	141.94	113.53	117.52
Inventory Turnover	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	5.79	5.14	7.2	10.96
Accounts Payable Turnover Days	- -	63.05	70.95	50.7	33.31
Cash Conversion Cycle	- -	99.39	71	62.82	84.2
Inventory to Cash Days	- -	162.43	141.94	113.53	117.52
Inventories	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -

Enterprise Value	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Market Capitalization	3,014	2,993	178	224	208
- Cash & Cash Equivalents	12	16	157	38	50
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -
+ Total Debt	- -	11	7	24	22
Enterprise Value	3,003	2,988	29	200	180
Total Capital	-44	-37	-125	-127	-161
Total Debt/Capital (%)	-0.83	-29.18	-5.93	-18.75	-13.57
Total Debt / EV	- -	- -	0.26	0.12	0.12
EV/Sales	53.3	43.43	0.32	1.57	1.29
EV/EBITDA	- -	1,613.28	- -	- -	- -
EV/EBIT	- -	2,662.92	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	11.45	- -	14.47
EV/Free Cash Flow to Firm	- -	- -	9.39	- -	13.71
Diluted Market Cap	3,014	2,993	178	224	208
Diluted Enterprise Value	3,003	2,988	29	210	180
EV per Share	25.25	25.12	1.07	1.53	1.3
TTM Sales	56	69	90	127	140
TTM EBITDA	-6	2	-5	-24	-5
TTM Operating Income	-6	1	-6	-30	-18
TTM Cash Flow to Firm	-9	-6	2	-12	12
TTM Free Cash Flow to Firm	-7	-5	3	-11	13

Multiples	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Price/Earnings	- -	- -	- -	- -	- -
Price/Earnings Average	-318.17	-357.03	-2.92	-27.14	-5.76
Price/Earnings High	-332.21	-386.94	-3.13	-53.2	-11.86
Price/Earnings Low	-250.21	-197.43	-1.87	-11.01	-3.26
Price/Book Value	-68.18	-62.2	-1.34	-1.48	-1.14
Price/Book Value Average	-67.23	-60.18	-1.95	-3.31	-1.01
Price/Book Value High	-70.2	-65.22	-2.09	-6.49	-2.07
Price/Book Value Low	-52.87	-33.28	-1.25	-1.34	-0.57
Price/Tangible Book Value	-63.35	-55.09	1.13	3.79	3
Price/Tangible Book Value Average	-62.47	-53.3	1.65	8.47	2.66
Price/Tangible Book Value High	-65.23	-57.77	1.77	16.59	5.47
Price/Tangible Book Value Low	-49.13	-29.47	1.06	3.43	1.5
Price/Sales	53.5	43.5	1.97	1.76	1.49
Price/Sales Average	52.75	42.08	2.86	3.93	1.31
Price/Sales High	55.08	45.61	3.07	7.7	2.7
Price/Sales Low	41.49	23.27	1.84	1.59	0.74
Price/Cash Flow	-335.56	-719.54	-73.46	-19.34	16.71
Price/Cash Flow Average	-330.88	-696.12	-106.75	-43.23	14.78
Price/Cash Flow High	-345.49	-754.43	-114.45	-84.71	30.41
Price/Cash Flow Low	-260.21	-384.94	-68.49	-17.53	8.35
Price/Free Cash Flow	-411.46	-956.4	-95.01	-20.19	15.84
Price/Free Cash Flow Average	-405.73	-925.27	-138.06	-45.13	14.01
Price/Free Cash Flow High	-423.64	-1,002.77	-148.01	-88.45	28.83
Price/Free Cash Flow Low	-319.07	-511.65	-88.58	-18.3	7.92
EV/Sales	53.3	43.43	0.32	1.57	1.29
EV/Sales Average	52.55	42.01	1.21	3.82	1.12
EV/Sales High	54.88	45.54	1.42	7.6	2.51
EV/Sales Low	41.29	23.2	0.18	1.49	0.54
EV/EBITDA	- -	1,613.28	- -	- -	- -
EV/EBITDA Average	-527.38	1,560.69	-21.04	-20.6	-28.6
EV/EBITDA High	-550.75	1,691.63	-24.63	-40.92	-64.23
EV/EBITDA Low	-414.31	861.87	-3.19	-8.01	-13.96
EV/EBIT	- -	2,662.92	- -	- -	- -
EV/EBIT Average	-489.78	2,576.12	-18.66	-16.34	-8.46
EV/EBIT High	-511.48	2,792.25	-21.85	-32.47	-19
EV/EBIT Low	-384.77	1,422.62	-2.83	-6.35	-4.13
Last Price	25.34	25.16	6.65	1.71	1.5
High Price	26.09	26.38	10.36	7.49	2.73
Low Price	19.65	13.46	6.2	1.55	0.75
Enterprise Value	3,003	2,988	29	200	180
Enterprise Value Average	2,961	2,890	109	486	156
Enterprise Value High	3,092	3,133	128	966	351
Enterprise Value Low	2,326	1,596	17	189	76

Per Share Data Items	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Shares Outstanding	119	119	119	134	141
Diluted Weighted Avg Shares	119	119	27	131	139
Basic Weighted Avg Shares	119	119	27	131	139
Revenue per Share	0.47	0.58	3.38	0.97	1.01
EBITDA per Share	-0.05	0.02	-0.19	-0.18	-0.04
Operating Income per Share	-0.05	0.01	-0.22	-0.23	-0.13
Basic EPS, GAAP	-0.08	-0.07	-3.31	-0.14	-0.23
Basic EPS from Cont Ops	-0.06	-0.01	-0.43	-0.14	-0.23
Diluted EPS, GAAP	-0.08	-0.07	-3.31	-0.14	-0.23
Diluted EPS from Cont Ops	-0.06	-0.01	-0.43	-0.14	-0.23
Dividend per Share	- -	- -	- -	- -	- -
Cash Flow per Share	-0.08	-0.03	-0.09	-0.09	0.09
Free Cash Flow per Basic Share	-0.09	-0.04	-0.11	-0.09	0.08
Cash & Equivalents per Share	0.1	0.13	5.86	0.36	0.36
Book Value per Share	-0.37	-0.4	-4.95	-1.15	-1.32
Tangible Book Value per Share	-0.4	-0.46	5.86	0.45	0.5

Innovid Corp.

Profitability

Credit

Liquidity

Working Capital

Enterprise Value

Multiples

Per Share Data Items

Profitability

Credit

Liquidity

Working Capital

Enterprise Value

Multiples

Per Share Data Items