Innovid Corp. financial data

Symbol
CTV, CTV-WT on NYSE
Industry
Services-Prepackaged Software
Location
30 Irving Place, 12 Th Floor, New York, New York
State of incorporation
Delaware
Fiscal year end
December 31
Former names
ION Acquisition Corp 2 Ltd. (to 11/26/2021)
Latest financial report
Q1 2024 - May 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 409 % -7.53%
Debt-to-equity 26.5 % -32.5%
Return On Equity -21.3 % -128%
Return On Assets -16.8 % -272%
Operating Margin -23.6 % -0.68%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 144 M shares +5.97%
Common Stock, Shares, Outstanding 140 M shares +2.58%
Entity Public Float 116 M USD -47.3%
Common Stock, Value, Issued 13 K USD 0%
Weighted Average Number of Shares Outstanding, Basic 142 M shares +4.68%
Weighted Average Number of Shares Outstanding, Diluted 142 M shares +4.68%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 36.7 M USD +20.5%
Cost of Revenue 8.73 M USD +5.65%
Research and Development Expense 6.32 M USD -11.2%
Selling and Marketing Expense 11.6 M USD -0.1%
General and Administrative Expense 10.5 M USD +9.17%
Operating Income (Loss) -3.1 M USD +62.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -3.06 M USD +46.7%
Income Tax Expense (Benefit) 3.18 M USD +12.5%
Net Income (Loss) Attributable to Parent -6.23 M USD +27.2%
Earnings Per Share, Basic -0.04 USD/shares +33.3%
Earnings Per Share, Diluted -0.04 USD/shares +33.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 31.6 M USD -29.9%
Accounts Receivable, after Allowance for Credit Loss, Current 41.8 M USD +4.68%
Other Assets, Current 1.1 M USD +79.1%
Assets, Current 79.5 M USD -12.3%
Property, Plant and Equipment, Net 19.6 M USD +15.6%
Operating Lease, Right-of-Use Asset 11.1 M USD +354%
Intangible Assets, Net (Excluding Goodwill) 23.3 M USD -19%
Goodwill 102 M USD -12.4%
Other Assets, Noncurrent 1.06 M USD +29.8%
Assets 238 M USD -7.7%
Accounts Payable, Current 1.53 M USD -69%
Employee-related Liabilities, Current 11.3 M USD +14.8%
Accrued Liabilities, Current 10.8 M USD +51.2%
Liabilities, Current 24.6 M USD +3.23%
Accrued Income Taxes, Noncurrent 4.12 M USD +6.65%
Deferred Income Tax Liabilities, Net 0 USD -100%
Operating Lease, Liability, Noncurrent 10.6 M USD +689%
Other Liabilities, Noncurrent 7.83 M USD -2.38%
Liabilities 54 M USD +0.54%
Retained Earnings (Accumulated Deficit) -189 M USD -18.6%
Stockholders' Equity Attributable to Parent 194 M USD -4.24%
Liabilities and Equity 238 M USD -7.7%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 4.65 M USD +1164%
Net Cash Provided by (Used in) Financing Activities -20 M USD -8083%
Net Cash Provided by (Used in) Investing Activities -2.59 M USD -138%
Common Stock, Shares Authorized 500 M shares 0%
Common Stock, Shares, Issued 140 M shares +2.58%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -18 M USD -342%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 32 M USD -29.5%
Interest Paid, Excluding Capitalized Interest, Operating Activities 68 K USD -81.2%
Deferred Tax Assets, Valuation Allowance 26.8 M USD +43.3%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 33.9 M USD +25.1%
Operating Lease, Liability 11.6 M USD +257%
Depreciation 4.85 M USD +198%
Payments to Acquire Property, Plant, and Equipment 272 K USD +206%
Lessee, Operating Lease, Liability, to be Paid 11.6 M USD +257%
Property, Plant and Equipment, Gross 28.7 M USD +56.7%
Operating Lease, Liability, Current 928 K USD -50.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two 986 K USD +51.5%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.1 M USD +112%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure +129%
Deferred Income Tax Expense (Benefit) -490 K USD +57.8%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 5.72 M USD +9597%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.51 M USD
Deferred Tax Assets, Operating Loss Carryforwards 8.91 M USD -19.7%
Deferred Federal Income Tax Expense (Benefit) 0 USD
Current Income Tax Expense (Benefit) 2.86 M USD -9.85%
Unrecognized Tax Benefits 6.38 M USD +16.9%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.54 M USD
Operating Lease, Payments 441 K USD -15.7%
Additional Paid in Capital 383 M USD +5.8%
Current Federal Tax Expense (Benefit) 1.25 M USD +19.4%
Amortization of Intangible Assets 5.6 M USD +45.5%
Depreciation, Depletion and Amortization 2.62 M USD +29.3%
Deferred Tax Assets, Net of Valuation Allowance 7.1 M USD -15.3%
Share-based Payment Arrangement, Expense 152 K USD 0%