Innovid Corp.

Company Profile

Innovid Corp. had its IPO on 2021-12-01 under the ticker symbol CTV.

The company operates in the Communication Services sector and Advertising Agencies industry. Innovid Corp. has a staff strength of 531 employees.

Stock update

Shares of Innovid Corp. opened at $1.31 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $1.21 - $1.35, and closed at $1.21.

This is a -6.92% slip from the previous day's closing price.

A total volume of 200,750 shares were traded at the close of the day’s session.

In the last one week, shares of Innovid Corp. have increased by +6.14%.

Innovid Corp.'s Key Ratios

Innovid Corp. has a market cap of $166.01 million, indicating a price to book ratio of 1.454 and a price to sales ratio of 2.4629.

In the last 12-months Innovid Corp.’s revenue was $131.74 million with a gross profit of $96.93 million and an EBITDA of $-13973000. The EBITDA ratio measures Innovid Corp.'s overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Innovid Corp.’s operating margin was -15.88% while its return on assets stood at -5.07% with a return of equity of -9.63%.

In Q1, Innovid Corp.’s quarterly earnings growth was a positive 0% while revenue growth was a positive 17.9%.

Innovid Corp.’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.14 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Innovid Corp.’s profitability.

Innovid Corp. stock is trading at a EV to sales ratio of 2.2676 and a EV to EBITDA ratio of -9.6515. Its price to sales ratio in the trailing 12-months stood at 2.4629.

Innovid Corp. stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$257.31 million

Total Liabilities

$23.84 million

Operating Cash Flow

$6.83 million

Capital Expenditure

$3.18 million

Dividend Payout Ratio

0%

Innovid Corp. ended 2024 with $257.31 million in total assets and $0 in total liabilities. Its intangible assets were valued at $257.31 million while shareholder equity stood at $202.51 million.

Innovid Corp. ended 2024 with $0 in deferred long-term liabilities, $23.84 million in other current liabilities, 13000.00 in common stock, $-159449000.00 in retained earnings and $116.98 million in goodwill. Its cash balance stood at $45.02 million and cash and short-term investments were $45.02 million. The company’s total short-term debt was $1,891,000 while long-term debt stood at $20.00 million.

Innovid Corp.’s total current assets stands at $90.65 million while long-term investments were $0 and short-term investments were $0.00. Its net receivables were $39.95 million compared to accounts payable of $4.92 million and inventory worth $0.

In 2024, Innovid Corp.'s operating cash flow was $6.83 million while its capital expenditure stood at $3.18 million.

Comparatively, Innovid Corp. paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$1.21

52-Week High

$4.4

52-Week Low

$0.75

Analyst Target Price

$2.27

Innovid Corp. stock is currently trading at $1.21 per share. It touched a 52-week high of $4.4 and a 52-week low of $4.4. Analysts tracking the stock have a 12-month average target price of $2.27.

Its 50-day moving average was $1.15 and 200-day moving average was $1.47 The short ratio stood at 5.21 indicating a short percent outstanding of 0%.

Around 1416.6% of the company’s stock are held by insiders while 5482.8% are held by institutions.