Financials Fiverr International Ltd.

Equities

FVRR

IL0011582033

Internet Services

Market Closed - Nyse Other stock markets 16:00:02 2025-06-16 EDT			5-day change	1st Jan Change
29.88 ^USD	+2.22%		-11.55%	-5.83%

05-13	Fiverr International Ltd. Presents at 53rd Annual JPMorgan Global Technology, Media and Communications Conference, May-13-2025 03:50 PM
05-07	Fiverr International Ltd., Q1 2025 Earnings Call, May 07, 2025

Projected Income Statement: Fiverr International Ltd.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	189.5	297.7	337.4	361.4	391.5	434.7	471.4	526.1
Change	-	57.07%	13.34%	7.12%	8.33%	11.04%	8.44%	11.6%
EBITDA ¹	9.111	22.86	24.42	59.22	74.23	87.64	102.6	126.3
Change	-	150.87%	6.85%	142.47%	25.35%	18.07%	17.09%	23.07%
EBIT ¹	4.773	15.98	14.24	53.23	63.76	75.07	89.57	113.2
Change	-	234.82%	-10.91%	273.88%	19.77%	17.75%	19.31%	26.43%
Interest Paid	-	-19.51	3.624	-	-	-	-	-
Earnings before Tax (EBT) ¹	-14.61	-64.85	-70.91	5.054	11.89	28.72	40.11	69.03
Change	-	-343.89%	-9.34%	107.13%	135.22%	141.55%	39.69%	72.08%
Net income ¹	-14.81	-65.01	-71.49	3.681	18.25	24.17	33.34	57.56
Change	-	-338.97%	-9.96%	105.15%	395.68%	32.47%	37.94%	72.63%
Announcement Date	2/18/21	2/17/22	2/22/23	2/22/24	2/19/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	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	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4
Net sales ¹	34.15	47.13	52.34	55.88	68.32	75.26	74.32	79.76	86.68	85.01	82.54	83.13	87.96	89.38	92.53	91.5	93.52	94.66	99.63	103.7	107.2	107.8	109	110.9	115	115.2	116.6	119.3
Change	-	38.01%	11.07%	6.76%	22.25%	10.16%	-1.25%	7.31%	8.69%	-1.93%	-2.9%	0.71%	5.81%	1.62%	3.52%	-1.11%	2.21%	1.22%	5.24%	4.05%	3.39%	0.53%	1.12%	1.76%	3.73%	0.18%	1.21%	2.34%
EBITDA ¹	-2.857	3.143	4.205	4.62	-0.704	7.404	7.277	8.88	3.865	4.607	6.554	9.396	11.3	15.27	16.53	16.11	16.02	17.85	19.65	20.71	19.44	21.39	22.79	23.98	20.81	24.42	25.65	26.55
Change	-	210.01%	33.79%	9.87%	-115.24%	1,151.7%	-1.72%	22.03%	-56.48%	19.2%	42.26%	43.36%	20.24%	35.19%	8.24%	-2.55%	-0.58%	11.42%	10.11%	5.38%	-6.12%	10.04%	6.51%	5.23%	-13.22%	17.38%	5.05%	3.47%
EBIT ¹	-3.822	2.127	3.075	3.393	-2.022	6.031	5.864	6.108	0.755	1.465	4.616	7.401	9.573	13.62	15.21	14.82	14.87	16.24	16.26	16.38	15.16	18.3	19.71	20.99	16.73	20.25	23.19	23.63
Change	-	155.65%	44.57%	10.34%	-159.59%	398.27%	-2.77%	4.16%	-87.64%	94.04%	215.09%	60.33%	29.35%	42.28%	11.69%	-2.54%	0.3%	9.24%	0.11%	0.74%	-7.47%	20.73%	7.7%	6.47%	-20.26%	21.02%	14.5%	1.9%
Charge d'intérêts	-	-	-	-	-	-4.944	-4.959	-5.636	0.23	0.841	1.162	1.391	-	4.487	5.678	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	-6.124	-0.107	-0.413	-7.966	-17.8	-13.29	-14.25	-19.51	-16.96	-41.81	-11.31	-0.831	-4.062	0.477	3.333	5.306	2.501	6.198	3.405	-0.216	2.13	7.263	8.894	9.677	4.038	6.619	6.329	5.776
Change	-	98.25%	-285.98%	-1,828.81%	-123.44%	25.34%	-7.27%	-36.89%	13.1%	-146.59%	72.94%	92.66%	-388.81%	111.74%	598.74%	59.2%	-52.86%	147.82%	-45.06%	-106.34%	1,086.11%	240.97%	22.46%	8.8%	-58.27%	63.92%	-4.38%	-8.74%
Net income ¹	-6.155	-0.124	-0.454	-8.077	-17.84	-13.3	-14.35	-19.52	-16.98	-41.86	-11.35	-1.299	-4.272	0.227	3.025	4.701	0.788	3.267	1.353	12.84	0.798	6.492	8.123	8.591	-	-	-	-
Change	-	97.99%	-266.13%	-1,679.07%	-120.92%	25.47%	-7.9%	-36.04%	13.04%	-146.62%	72.89%	88.56%	-228.87%	105.31%	1,232.6%	55.4%	-83.24%	314.59%	-58.59%	848.85%	-93.78%	713.5%	25.13%	5.76%	-	-	-	-
Announcement Date	5/7/20	8/5/20	10/28/20	2/18/21	5/6/21	8/5/21	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	7/31/24	10/30/24	2/19/25	5/7/25	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Fiverr International Ltd.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	-131	330	377	279	-109	-80.4	-226	-329
Change	-	351.91%	14.24%	-25.99%	-139.07%	26.51%	-181.09%	-45.58%
Announcement Date	2/18/21	2/17/22	2/22/23	2/22/24	2/19/25	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Fiverr International Ltd.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	2.094	1.684	2.198	1.113	1.406	3.174	2.5	2.8
Change	-	-19.58%	30.52%	-49.36%	26.33%	125.75%	-21.24%	12%
Free Cash Flow (FCF) ¹	15.04	36.35	28.91	82.07	81.66	89.8	96.93	124.7
Change	-	141.69%	-20.46%	183.85%	-0.5%	9.97%	7.94%	28.65%
Announcement Date	2/18/21	2/17/22	2/22/23	2/22/24	2/19/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Fiverr International Ltd.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	4.81%	7.68%	7.24%	16.39%	18.96%	20.16%	21.77%	24.01%
EBIT Margin (%)	2.52%	5.37%	4.22%	14.73%	16.29%	17.27%	19%	21.53%
EBT Margin (%)	-7.71%	-21.79%	-21.02%	1.4%	3.04%	6.61%	8.51%	13.12%
Net margin (%)	-7.81%	-21.84%	-21.19%	1.02%	4.66%	5.56%	7.07%	10.94%
FCF margin (%)	7.94%	12.21%	8.57%	22.71%	20.86%	20.66%	20.56%	23.7%
FCF / Net Income (%)	-101.56%	-55.92%	-40.45%	2,229.64%	447.56%	371.52%	290.73%	216.65%
Profitability
ROA	1.9%	2.73%	9.42%	8.26%	9.08%	12.45%	14.62%	-
ROE	4.21%	7.07%	3.11%	25.88%	26.47%	24.98%	22.01%	21.5%
Financial Health
Leverage (Debt/EBITDA)	-	14.43x	15.44x	4.71x	-	-	-	-
Debt / Free cash flow	-	9.07x	13.04x	3.4x	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	1.1%	0.57%	0.65%	0.31%	0.36%	0.73%	0.53%	0.53%
CAPEX / EBITDA (%)	22.98%	7.37%	9%	1.88%	1.89%	3.62%	2.44%	2.22%
CAPEX / FCF (%)	13.92%	4.63%	7.6%	1.36%	1.72%	3.53%	2.58%	2.25%
Items per share
Cash flow per share ¹	0.53	1.058	0.8049	-	-	-	-	-
Change	-	99.6%	-23.92%	-	-	-	-	-
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	9.64	9.436	7.079	9.204	9.805	11.45	12.91	13.24
Change	-	-2.12%	-24.98%	30.02%	6.53%	16.76%	12.72%	2.59%
EPS ¹	-0.46	-1.81	-1.94	0.09	0.48	0.6096	0.7752	1.248
Change	-	-293.48%	-7.18%	104.64%	433.33%	27%	27.17%	60.92%
Nbr of stocks (in thousands)	35,117	36,546	37,123	38,379	35,286	35,909	35,909	35,909
Announcement Date	2/18/21	2/17/22	2/22/23	2/22/24	2/19/25	-	-	-