Cash flow WalkMe Ltd.

Equities

WKME

IL0011765851

Software

Market Closed - Nasdaq Other stock markets 16:00:00 2024-09-11 EDT			5-day change	1st Jan Change
13.95 ^USD	0.00%		0.00%	+30.74%

09-12	SAP: acquisition of Israeli company WalkMe finalized	CF
09-12	SAP Closes Acquisition of WalkMe	MT

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Published financial data: WALKME LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	105M	148M	193M	245M	267M
Total Revenues	105M	148M	193M	245M	267M
Cost of Goods Sold, Total	30.68M	39.16M	46.66M	53.88M	44.37M
Gross Profit	74.45M	109M	147M	191M	223M
Selling General & Admin Expenses, Total	97.1M	121M	176M	241M	232M
R&D Expenses	26.64M	31.56M	48.16M	59.47M	55.11M
Other Operating Expenses, Total	124M	152M	224M	301M	287M
Operating Income	-49.28M	-43.16M	-77.79M	-110M	-64.88M
Interest Expense, Total	-	-156K	-9K	-	-
Interest And Investment Income	474K	-	-	5.32M	13.2M
Net Interest Expenses	474K	-156K	-9K	5.32M	13.2M
EBT, Excl. Unusual Items	-48.81M	-43.32M	-77.8M	-105M	-51.69M
EBT, Incl. Unusual Items	-48.81M	-43.32M	-77.8M	-105M	-51.69M
Income Tax Expense	1.31M	1.71M	2.49M	3.83M	5.07M
Earnings From Continuing Operations	-50.12M	-45.02M	-80.29M	-108M	-56.75M
Net Income to Company	-50.12M	-45.02M	-80.29M	-108M	-56.75M
Minority Interest	221K	-4.18M	-15.52M	15.72M	-2.38M
Net Income - (IS)	-49.9M	-49.2M	-95.81M	-92.63M	-59.14M
Preferred Dividend and Other Adjustments	-	4.57M	-	-	-
Net Income to Common Incl Extra Items	-49.9M	-53.77M	-95.81M	-92.63M	-59.14M
Net Income to Common Excl. Extra Items	-49.9M	-53.77M	-95.81M	-92.63M	-59.14M
Per Share Items
Net EPS - Basic	-4.15	-4.07	-1.85	-1.09	-0.67
Basic EPS - Continuing Operations	-4.15	-4.07	-1.85	-1.09	-0.67
Basic Weighted Average Shares Outstanding	12.01M	13.22M	51.76M	85.12M	88.91M
Net EPS - Diluted	-4.15	-4.07	-1.85	-1.09	-0.67
Diluted EPS - Continuing Operations	-4.15	-4.07	-1.85	-1.09	-0.67
Diluted Weighted Average Shares Outstanding	12.01M	13.22M	51.76M	85.12M	88.91M
Normalized Basic EPS	-2.52	-2.36	-1.24	-0.58	-0.39
Normalized Diluted EPS	-2.52	-2.36	-1.24	-0.58	-0.39
Supplemental Items
EBITDA	-45.78M	-38.45M	-73.32M	-105M	-59.29M
EBITA	-48.99M	-43.12M	-77.79M	-110M	-64.88M
EBIT	-49.28M	-43.16M	-77.79M	-110M	-64.88M
EBITDAR	-39.88M	-27.77M	-68.2M	-98.91M	-
Total Revenues (As Reported)	105M	148M	193M	245M	267M
Effective Tax Rate - (Ratio)	-2.68	-3.94	-3.21	-3.67	-9.8
Current Domestic Taxes	92K	153K	103K	-93K	69K
Current Foreign Taxes	481K	1.01M	697K	1.39M	6.77M
Total Current Taxes	573K	1.16M	800K	1.3M	6.84M
Deferred Foreign Taxes	734K	544K	1.69M	2.54M	-1.77M
Total Deferred Taxes	734K	544K	1.69M	2.54M	-1.77M
Normalized Net Income	-30.29M	-31.25M	-64.14M	-49.6M	-34.69M
Non-Cash Pension Expense	2.31M	2.5M	3.49M	3.97M	3.25M
Supplemental Operating Expense Items
Advertising Expense	15.64M	13.15M	18.66M	15.17M	11.99M
Selling and Marketing Expenses	75M	87.21M	128M	176M	161M
General and Administrative Expenses	22.1M	33.54M	48.56M	65.19M	70.98M
Research And Development Expense From Footnotes	26.64M	31.56M	48.46M	60.93M	55.38M
Net Rental Expense, Total	5.9M	10.68M	5.12M	5.78M	-
Stock-Based Comp., COGS (Total)	41K	201K	1.8M	3.9M	2.59M
Stock-Based Comp., R&D Exp. (Total)	282K	1.6M	3.86M	7.28M	11.04M
Stock-Based Comp., S&M Exp. (Total)	427K	1.1M	8.2M	19.13M	17.67M
Stock-Based Comp., G&A Exp. (Total)	2.33M	11.12M	13.46M	19.8M	24.16M
Total Stock-Based Compensation	3.08M	14.02M	27.33M	50.1M	55.46M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	74.18M	62.33M	277M	94.1M	177M
Short Term Investments	-	44.16M	65.48M	167M	88.32M
Total Cash And Short Term Investments	74.18M	106M	342M	262M	266M
Accounts Receivable, Total	32.5M	30.86M	37.75M	45.02M	40.49M
Total Receivables	32.5M	30.86M	37.75M	45.02M	40.49M
Prepaid Expenses	11.9M	14.6M	28.06M	32.21M	8.74M
Other Current Assets, Total	2.04M	184K	295K	323K	26.79M
Total Current Assets	121M	152M	408M	339M	342M
Gross Property Plant And Equipment	16.72M	19.06M	25.04M	39.02M	47.76M
Accumulated Depreciation	-5.97M	-10.43M	-14.15M	-18.75M	-23.7M
Net Property Plant And Equipment	10.75M	8.63M	10.88M	20.27M	24.06M
Long-term Investments	-	-	-	43.33M	56.28M
Goodwill	1.48M	1.48M	1.48M	1.48M	1.48M
Other Intangibles, Total	44K	-	1.82M	349K	80K
Deferred Charges Long-Term	-	-	-	-	30.27M
Other Long-Term Assets, Total	16.84M	22.05M	36.96M	40.69M	317K
Total Assets	150M	184M	460M	445M	454M
Liabilities
Accounts Payable, Total	871K	5.51M	6.59M	5.96M	3.51M
Accrued Expenses, Total	18.45M	29.54M	49.31M	48.4M	43.17M
Current Portion of Leases	-	-	-	5.01M	4.6M
Unearned Revenue Current, Total	52.26M	57.47M	86.02M	108M	111M
Total Current Liabilities	71.58M	92.52M	142M	167M	162M
Long-Term Leases	-	-	-	3.83M	8.22M
Unearned Revenue Non Current	1.44M	1.48M	1.29M	1.61M	894K
Deferred Tax Liability Non Current	2.22M	3.1M	4.8M	7.33M	5.56M
Other Non Current Liabilities	437K	2.31M	2.1M	2.71M	6.82M
Total Liabilities	75.67M	99.41M	150M	183M	183M
Preferred Stock Convertible	262M	300M	-	-	-
Total Preferred Equity	262M	300M	-	-	-
Additional Paid In Capital	7.64M	21.52M	610M	689M	749M
Retained Earnings	-198M	-246M	-325M	-433M	-489M
Comprehensive Income and Other	26K	131K	455K	-1.82M	478K
Total Common Equity	-190M	-224M	286M	254M	260M
Minority Interest	2.04M	8.65M	23.9M	8.08M	10.43M
Total Equity	74.07M	84.88M	310M	262M	271M
Total Liabilities And Equity	150M	184M	460M	445M	454M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	12.01M	13.77M	83.86M	87.86M	91.94M
ECS Total Common Shares Outstanding	12.01M	13.77M	83.75M	86.78M	90.86M
Book Value / Share	-15.82	-16.28	3.41	2.93	2.86
Tangible Book Value	-191M	-226M	282M	252M	259M
Tangible Book Value Per Share	-15.94	-16.39	3.37	2.91	2.85
Total Debt	0	0	0	8.84M	12.83M
Net Debt	-74.18M	-106M	-342M	-296M	-309M
Debt Equivalent Oper. Leases	47.19M	85.47M	40.92M	46.26M	-
Minority Interest, Total (Incl. Fin. Div)	2.04M	8.65M	23.9M	8.08M	10.43M
Account Code - Inventory Valuation	-	3	3	3	3
Machinery, Total	830K	890K	883K	887K	687K
Full Time Employees	-	840	1.21K	1.2K	1K
Accumulated Allowance for Doubtful Accounts (Supple)	2.2M	2.39M	2.59M	2.56M	-

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	-49.9M	-49.2M	-95.81M	-92.63M	-59.14M
Depreciation & Amortization - CF	3.21M	4.67M	4.47M	5.14M	5.59M
Amortization of Goodwill and Intangible Assets - (CF)	297K	44K	-	-	-
Depreciation & Amortization, Total	3.51M	4.71M	4.47M	5.14M	5.59M
Amortization of Deferred Charges, Total - (CF)	-	-	299K	487K	269K
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-370K	-2.24M
Asset Writedown & Restructuring Costs	-	-	-	2.25M	300K
Stock-Based Compensation (CF)	3.08M	14.02M	27.33M	50.1M	55.46M
Other Operating Activities, Total	-221K	4.18M	15.52M	-18.03M	3.19M
Change In Accounts Receivable	-14.27M	1.66M	-6.98M	-7.42M	4.53M
Change In Accounts Payable	336K	4.45M	906K	-354K	-2.45M
Change in Unearned Revenues	20.14M	5.22M	28.58M	22.92M	2.43M
Change In Deferred Taxes	734K	544K	1.69M	2.54M	-1.77M
Change in Other Net Operating Assets	-11.95M	5.77M	-10.24M	-11.45M	9.12M
Cash from Operations	-48.54M	-8.65M	-34.22M	-46.81M	15.28M
Capital Expenditure	-2.46M	-822K	-2.64M	-2.87M	-540K
Sale (Purchase) of Intangible assets	-2.02M	-1.53M	-5.25M	-4.26M	-3.26M
Investment in Marketable and Equity Securities, Total	9.28M	-44M	-21.26M	-143M	65.9M
Other Investing Activities, Total	-1.28M	623K	1.63M	295K	-
Cash from Investing	3.52M	-45.73M	-27.52M	-150M	62.11M
Issuance of Common Stock	512K	789K	267M	14.79M	5.97M
Issuance of Preferred Stock	82.1M	38.5M	10M	-	-
Other Financing Activities, Total	2.24M	2.33M	-	-	-
Cash from Financing	84.85M	41.61M	277M	14.79M	5.97M
Foreign Exchange Rate Adjustments	51K	248K	-685K	-850K	-560K
Net Change in Cash	39.88M	-12.52M	214M	-183M	82.8M
Supplemental Items
Cash Income Tax Paid (Refund)	1.26M	-	365K	-572K	3.31M
Levered Free Cash Flow	-	11.05M	4.52M	-10.95M	13.41M
Unlevered Free Cash Flow	-	11.15M	4.52M	-10.95M	13.41M
Change In Net Working Capital	-	-21.75M	-28.93M	-9.09M	3.55M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	-	-16.15	-15.1	-15.17	-9.02
Return on Total Capital	-	-33.94	-24.66	-23.65	-14.63
Return On Equity %	-	-56.65	-40.72	-37.9	-21.3
Return on Common Equity	-	25.96	-312.34	-34.32	-23
Margin Analysis
Gross Profit Margin %	70.82	73.6	75.86	78.01	83.38
SG&A Margin	92.36	81.42	91.19	98.57	87.04
EBITDA Margin %	-43.54	-25.93	-37.93	-42.73	-22.21
EBITA Margin %	-46.6	-29.07	-40.24	-44.83	-24.3
EBIT Margin %	-46.88	-29.1	-40.24	-44.83	-24.3
Income From Continuing Operations Margin %	-47.67	-30.36	-41.54	-44.22	-21.26
Net Income Margin %	-47.46	-33.18	-49.57	-37.81	-22.15
Net Avail. For Common Margin %	-47.46	-36.26	-49.57	-37.81	-22.15
Normalized Net Income Margin	-28.81	-21.07	-33.18	-20.25	-12.99
Levered Free Cash Flow Margin	-	7.45	2.34	-4.47	5.02
Unlevered Free Cash Flow Margin	-	7.52	2.34	-4.47	5.02
Asset Turnover
Asset Turnover	-	0.89	0.6	0.54	0.59
Fixed Assets Turnover	-	15.3	19.81	15.73	12.04
Receivables Turnover (Average Receivables)	-	4.68	5.63	5.92	6.24
Short Term Liquidity
Current Ratio	1.69	1.64	2.88	2.02	2.11
Quick Ratio	1.49	1.48	2.68	1.83	1.89
Operating Cash Flow to Current Liabilities	-0.68	-0.09	-0.24	-0.28	0.09
Days Sales Outstanding (Average Receivables)	-	78.19	64.78	61.66	58.46
Average Days Payable Outstanding	-	29.83	47.35	42.5	38.93
Long Term Solvency
Total Debt/Equity	-	-	-	3.37	4.74
Total Debt / Total Capital	-	-	-	3.26	4.53
LT Debt/Equity	-	-	-	1.46	3.04
Long-Term Debt / Total Capital	-	-	-	1.41	2.9
Total Liabilities / Total Assets	50.54	53.94	32.66	41.09	40.41
EBIT / Interest Expense	-	-276.67	-8.64K	-	-
EBITDA / Interest Expense	-	-246.48	-8.15K	-	-
(EBITDA - Capex) / Interest Expense	-	-251.75	-8.44K	-	-
Total Debt / EBITDA	-	-	-	-0.09	-0.24
Net Debt / EBITDA	1.62	2.77	4.67	2.99	5.77
Total Debt / (EBITDA - Capex)	-	-	-	-0.09	-0.24
Net Debt / (EBITDA - Capex)	1.54	2.71	4.51	2.91	5.72
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	41.07	30.34	26.75	8.96
Gross Profit, 1 Yr. Growth %	-	46.6	34.36	30.33	16.46
EBITDA, 1 Yr. Growth %	-	-16	90.46	42.8	-42.82
EBITA, 1 Yr. Growth %	-	-11.98	80.23	41.2	-40.39
EBIT, 1 Yr. Growth %	-	-12.43	80.23	41.2	-40.39
Earnings From Cont. Operations, 1 Yr. Growth %	-	-10.16	78.33	34.94	-47.62
Net Income, 1 Yr. Growth %	-	-1.39	94.74	-3.32	-36.16
Normalized Net Income, 1 Yr. Growth %	-	3.18	105.27	-22.67	-29.18
Diluted EPS Before Extra, 1 Yr. Growth %	-	-2.07	-54.5	-41.21	-38.88
Accounts Receivable, 1 Yr. Growth %	-	-5.06	22.34	19.26	-10.06
Net Property, Plant and Equip., 1 Yr. Growth %	-	-19.75	26.14	86.23	18.71
Total Assets, 1 Yr. Growth %	-	23.07	149.4	-3.14	1.99
Tangible Book Value, 1 Yr. Growth %	-	17.88	-225.06	-10.62	2.47
Common Equity, 1 Yr. Growth %	-	18.05	-227.36	-11.01	2.35
Cash From Operations, 1 Yr. Growth %	-	-82.18	295.53	36.77	-132.64
Capital Expenditures, 1 Yr. Growth %	-	-66.63	221.41	8.52	-81.16
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-59.14	-342.43	-229.93
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-59.45	-342.13	-229.93
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	35.6	28.53	17.52
Gross Profit, 2 Yr. CAGR %	-	-	40.34	32.33	23.2
EBITDA, 2 Yr. CAGR %	-	-	26.15	64.92	-10.07
EBITA, 2 Yr. CAGR %	-	-	25.63	59.53	-8.67
EBIT, 2 Yr. CAGR %	-	-	25.63	59.53	-8.67
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	26.57	55.13	-15.93
Net Income, 2 Yr. CAGR %	-	-	38.57	37.21	-21.44
Normalized Net Income, 2 Yr. CAGR %	-	-	45.53	25.99	-26.46
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-33.25	-48.28	-40.06
Accounts Receivable, 2 Yr. CAGR %	-	-	7.77	20.79	3.57
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	0.62	53.27	48.69
Total Assets, 2 Yr. CAGR %	-	-	75.2	55.43	-0.61
Tangible Book Value, 2 Yr. CAGR %	-	-	21.42	5.73	-4.29
Common Equity, 2 Yr. CAGR %	-	-	22.62	6.46	-4.56
Cash From Operations, 2 Yr. CAGR %	-	-	-16.03	132.58	-33.18
Capital Expenditures, 2 Yr. CAGR %	-	-	3.57	86.76	-54.79
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-0.47	72.34
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-0.91	72.23
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	32.58	21.64
Gross Profit, 3 Yr. CAGR %	-	-	-	36.92	26.81
EBITDA, 3 Yr. CAGR %	-	-	-	31.47	15.49
EBITA, 3 Yr. CAGR %	-	-	-	30.62	14.55
EBIT, 3 Yr. CAGR %	-	-	-	30.62	14.55
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	29.3	8.02
Net Income, 3 Yr. CAGR %	-	-	-	22.9	6.32
Normalized Net Income, 3 Yr. CAGR %	-	-	-	17.87	3.54
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	-36.01	-45.32
Accounts Receivable, 3 Yr. CAGR %	-	-	-	11.47	9.48
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	23.54	40.76
Total Assets, 3 Yr. CAGR %	-	-	-	43.79	35.06
Tangible Book Value, 3 Yr. CAGR %	-	-	-	9.63	4.63
Common Equity, 3 Yr. CAGR %	-	-	-	10.19	5.07
Cash From Operations, 3 Yr. CAGR %	-	-	-	-1.21	20.87
Capital Expenditures, 3 Yr. CAGR %	-	-	-	5.19	-13.07
Levered Free Cash Flow, 3 Yr. CAGR %