Financials Fiverr International Ltd.

Equities

FVRR

IL0011582033

Internet Services

Market Closed - Nyse 16:00:02 2024-06-13 EDT 5-day change 1st Jan Change
23.92 USD -3.28% Intraday chart for Fiverr International Ltd. -6.34% -12.12%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 728.4 6,851 4,155 1,082 1,045 925.8 - -
Enterprise Value (EV) 1 606.8 6,721 4,485 1,459 1,323 1,160 1,018 860.3
P/E ratio -14.1 x -424 x -62.8 x -15 x 302 x 72.7 x 38.8 x 22.4 x
Yield - - - - - - - -
Capitalization / Revenue 6.8 x 36.2 x 14 x 3.21 x 2.89 x 2.41 x 2.17 x 1.89 x
EV / Revenue 5.67 x 35.5 x 15.1 x 4.32 x 3.66 x 3.02 x 2.39 x 1.75 x
EV / EBITDA -33.7 x 738 x 196 x 59.7 x 22.3 x 16.3 x 11.5 x 7.22 x
EV / FCF -40.6 x 447 x 123 x 50.5 x 16.1 x 14.4 x 9.05 x 6.02 x
FCF Yield -2.47% 0.22% 0.81% 1.98% 6.2% 6.94% 11% 16.6%
Price to Book 5.04 x 20.2 x 12 x 4.12 x 2.96 x 2.14 x 1.69 x -
Nbr of stocks (in thousands) 30,995 35,117 36,546 37,123 38,379 38,702 - -
Reference price 2 23.50 195.1 113.7 29.14 27.22 23.92 23.92 23.92
Announcement Date 2/19/20 2/18/21 2/17/22 2/22/23 2/22/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 107.1 189.5 297.7 337.4 361.4 384.7 425.7 490.3
EBITDA 1 -17.99 9.111 22.86 24.42 59.22 71.31 88.41 119.1
EBIT 1 -21.56 4.773 15.98 14.24 53.23 68.93 83.85 115.5
Operating Margin -20.14% 2.52% 5.37% 4.22% 14.73% 17.92% 19.7% 23.56%
Earnings before Tax (EBT) 1 -33.38 -14.61 -64.85 -70.91 5.054 17.39 31.16 54.65
Net income 1 -34.17 -14.81 -65.01 -71.49 3.681 13.02 24.51 44.5
Net margin -31.91% -7.81% -21.84% -21.19% 1.02% 3.38% 5.76% 9.08%
EPS 2 -1.670 -0.4600 -1.810 -1.940 0.0900 0.3288 0.6161 1.067
Free Cash Flow 1 -14.96 15.04 36.35 28.91 82.07 80.5 112.5 143
FCF margin -13.97% 7.94% 12.21% 8.57% 22.71% 20.93% 26.42% 29.17%
FCF Conversion (EBITDA) - 165.09% 159.05% 118.39% 138.6% 112.89% 127.26% 120.04%
FCF Conversion (Net income) - - - - 2,229.64% 618.47% 458.93% 321.35%
Dividend per Share - - - - - - - -
Announcement Date 2/19/20 2/18/21 2/17/22 2/22/23 2/22/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 74.32 79.76 86.68 85.01 82.54 83.13 87.96 89.38 92.53 91.5 93.52 94.71 97.79 98.68 103.3
EBITDA 1 7.277 8.88 3.865 4.607 6.554 9.396 11.3 15.27 16.53 16.11 16.02 17.41 18.57 19.1 18.76
EBIT 1 5.864 6.108 0.755 1.465 4.616 7.401 9.573 13.62 15.21 14.82 14.87 16.7 18.18 18.57 17.65
Operating Margin 7.89% 7.66% 0.87% 1.72% 5.59% 8.9% 10.88% 15.24% 16.44% 16.2% 15.9% 17.63% 18.59% 18.81% 17.09%
Earnings before Tax (EBT) 1 -14.25 -19.51 -16.96 -41.81 -11.31 -0.831 -4.062 0.477 3.333 5.306 2.501 3.891 5.004 5.13 6.005
Net income 1 -14.35 -19.52 -16.98 -41.86 -11.35 -1.299 -4.272 0.227 3.025 4.701 0.788 2.525 3.462 3.749 1.892
Net margin -19.31% -24.47% -19.58% -49.24% -13.75% -1.56% -4.86% 0.25% 3.27% 5.14% 0.84% 2.67% 3.54% 3.8% 1.83%
EPS 2 -0.3900 -0.5300 -0.4600 -1.130 -0.3100 -0.0300 -0.1100 0.0100 0.0700 0.1200 0.0200 0.0785 0.1051 0.1265 0.1300
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 11/10/21 2/17/22 5/11/22 8/4/22 11/9/22 2/22/23 5/11/23 8/3/23 11/9/23 2/22/24 5/9/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - 330 377 279 234 92.7 -
Net Cash position 1 122 131 - - - - - 65.4
Leverage (Debt/EBITDA) - - 14.43 x 15.44 x 4.706 x 3.288 x 1.048 x -
Free Cash Flow 1 -15 15 36.4 28.9 82.1 80.5 113 143
ROE (net income / shareholders' equity) -33.7% 4.21% 7.07% 3.11% 25.9% 21.2% 20.9% 21%
ROA (Net income/ Total Assets) -19.7% 1.9% 2.73% 9.42% 8.26% 9.02% 9.14% -
Assets 1 173.7 -779.5 -2,380 -758.8 44.57 144.4 268.3 -
Book Value Per Share 2 4.660 9.640 9.440 7.080 9.200 11.20 14.20 -
Cash Flow per Share -0.6800 0.5300 1.060 0.8000 - - - -
Capex 1 1.02 2.09 1.68 2.2 1.11 1.5 3.5 2
Capex / Sales 0.95% 1.1% 0.57% 0.65% 0.31% 0.39% 0.82% 0.41%
Announcement Date 2/19/20 2/18/21 2/17/22 2/22/23 2/22/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
10
Last Close Price
23.92 USD
Average target price
32 USD
Spread / Average Target
+33.78%
Consensus
  1. Stock Market
  2. Equities
  3. FVRR Stock
  4. Financials Fiverr International Ltd.