Innovid Corp. financial data

Symbol
CTV, CTV-WT on NYSE
Industry
Services-Prepackaged Software
Location
30 Irving Place, 12 Th Floor, New York, NY
State of incorporation
DE
Fiscal year end
December 31
Former names
ION Acquisition Corp 2 Ltd. (to 11/26/2021)
Latest financial report
10-Q - Q3 2024 - Nov 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 337 %
Debt-to-equity 26.5 % -32.5%
Return On Equity -7.08 % +58.5%
Return On Assets -5.7 %
Operating Margin -6.52 % +75%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 148M shares
Common Stock, Shares, Outstanding 148M shares
Entity Public Float 116M USD -47.3%
Common Stock, Value, Issued 15K USD
Weighted Average Number of Shares Outstanding, Basic 147M shares +5.17%
Weighted Average Number of Shares Outstanding, Diluted 153M shares +9.24%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 152M USD +12.3%
Cost of Revenue 35.3M USD +4.77%
Research and Development Expense 27M USD -1.01%
Selling and Marketing Expense 46.8M USD +1.48%
General and Administrative Expense 39.8M USD +7.6%
Operating Income (Loss) -9.89M USD +71.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -9.07M USD +69.2%
Income Tax Expense (Benefit) 4.7M USD +10.7%
Net Income (Loss) Attributable to Parent -13.8M USD +59.1%
Earnings Per Share, Basic -0.09 USD/shares +62.5%
Earnings Per Share, Diluted -0.09 USD/shares +62.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 34.6M USD -27.5%
Accounts Receivable, after Allowance for Credit Loss, Current 44.4M USD
Other Assets, Current 1.1M USD +79.1%
Assets, Current 83.4M USD
Property, Plant and Equipment, Net 21M USD
Operating Lease, Right-of-Use Asset 10.9M USD
Intangible Assets, Net (Excluding Goodwill) 21.3M USD
Goodwill 102M USD
Other Assets, Noncurrent 903K USD
Assets 240M USD
Accounts Payable, Current 3.79M USD
Employee-related Liabilities, Current 9.14M USD
Accrued Liabilities, Current 9.4M USD
Liabilities, Current 23.7M USD
Accrued Income Taxes, Noncurrent 4.12M USD +6.65%
Deferred Income Tax Liabilities, Net 0 USD -100%
Operating Lease, Liability, Noncurrent 9.84M USD
Other Liabilities, Noncurrent 6.93M USD
Liabilities 54M USD +0.54%
Retained Earnings (Accumulated Deficit) -195M USD
Stockholders' Equity Attributable to Parent 200M USD +3.42%
Liabilities and Equity 240M USD

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 4.65M USD +1164%
Net Cash Provided by (Used in) Financing Activities -20M USD -8083%
Net Cash Provided by (Used in) Investing Activities -2.59M USD -138%
Common Stock, Shares Authorized 500M shares
Common Stock, Shares, Issued 148M shares
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -18M USD -342%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 35M USD -27.2%
Interest Paid, Excluding Capitalized Interest, Operating Activities 68K USD -81.2%
Deferred Tax Assets, Valuation Allowance 26.8M USD +43.3%
Deferred Tax Assets, Gross 33.9M USD +25.1%
Operating Lease, Liability 11.2M USD
Payments to Acquire Property, Plant, and Equipment 272K USD +206%
Lessee, Operating Lease, Liability, to be Paid 11.2M USD
Property, Plant and Equipment, Gross 28.7M USD +56.7%
Operating Lease, Liability, Current 1.39M USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 1M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 1.76M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 4.99M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.52M USD
Deferred Tax Assets, Operating Loss Carryforwards 8.91M USD -19.7%
Unrecognized Tax Benefits 6.38M USD +16.9%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.55M USD
Operating Lease, Payments 441K USD -15.7%
Additional Paid in Capital 394M USD
Depreciation, Depletion and Amortization 2.62M USD +29.3%
Deferred Tax Assets, Net of Valuation Allowance 7.1M USD -15.3%
Share-based Payment Arrangement, Expense 152K USD 0%