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 - Q2 2024 - Aug 6, 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 -27.7 % -20.4%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 146M shares +5.1%
Common Stock, Shares, Outstanding 146M shares +5.09%
Entity Public Float 116M USD -47.3%
Common Stock, Value, Issued 14K USD +7.69%
Weighted Average Number of Shares Outstanding, Basic 145M shares +5.18%
Weighted Average Number of Shares Outstanding, Diluted 145M shares +5.18%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 38M USD +9.86%
Cost of Revenue 9.1M USD +5.89%
Research and Development Expense 7.3M USD +6.23%
Selling and Marketing Expense 12.2M USD +6.59%
General and Administrative Expense 9.3M USD +4.18%
Operating Income (Loss) -2.79M USD +84.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -2.72M USD +84.6%
Income Tax Expense (Benefit) 7.83M USD +486%
Net Income (Loss) Attributable to Parent -10.5M USD +44.4%
Earnings Per Share, Basic -0.07 USD/shares +50%
Earnings Per Share, Diluted -0.07 USD/shares +50%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 30.6M USD -29.5%
Accounts Receivable, after Allowance for Credit Loss, Current 45.8M USD +5.84%
Other Assets, Current 1.1M USD +79.1%
Assets, Current 81.7M USD -9.95%
Property, Plant and Equipment, Net 20.4M USD +7.86%
Operating Lease, Right-of-Use Asset 11M USD +450%
Intangible Assets, Net (Excluding Goodwill) 22.3M USD -19.3%
Goodwill 102M USD 0%
Other Assets, Noncurrent 799K USD -4.2%
Assets 239M USD -1.69%
Accounts Payable, Current 6.55M USD +48.1%
Employee-related Liabilities, Current 9.31M USD -15.1%
Accrued Liabilities, Current 11.8M USD +128%
Liabilities, Current 29.1M USD +30.9%
Accrued Income Taxes, Noncurrent 4.12M USD +6.65%
Deferred Income Tax Liabilities, Net 0 USD -100%
Operating Lease, Liability, Noncurrent 10.1M USD +830%
Other Liabilities, Noncurrent 10.5M USD +11.4%
Liabilities 54M USD +0.54%
Retained Earnings (Accumulated Deficit) -200M USD -11.9%
Stockholders' Equity Attributable to Parent 189M USD -0.35%
Liabilities and Equity 239M USD -1.69%

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 0%
Common Stock, Shares, Issued 146M shares +5.09%
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 -18M USD -342%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 31M USD -29.2%
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 11.4M USD +324%
Payments to Acquire Property, Plant, and Equipment 272K USD +206%
Lessee, Operating Lease, Liability, to be Paid 11.4M USD +324%
Property, Plant and Equipment, Gross 28.7M USD +56.7%
Operating Lease, Liability, Current 1.35M USD -16%
Lessee, Operating Lease, Liability, to be Paid, Year Two 998K USD +56.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.76M USD +80.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure +200%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 5.06M USD +12558%
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 388M USD +5.57%
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%