Fiverr International (FVRR) Financial Statements
Price: $26.11
Market Cap: $937.59M
Avg Volume: 774.29K
Market Cap: $937.59M
Avg Volume: 774.29K
Country: IL
Industry: Internet Content & Information
Sector: Communication Services
Industry: Internet Content & Information
Sector: Communication Services
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Fiverr International.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $391.48M | $361.38M | $337.37M | $297.66M | $189.51M | $107.07M | $75.50M | $52.11M |
| Cost of Revenue | $70.57M | $61.85M | $65.95M | $51.72M | $33.19M | $22.22M | $15.62M | $13.36M |
| Gross Profit | $320.92M | $299.53M | $271.42M | $245.94M | $156.32M | $84.85M | $59.88M | $38.75M |
| Gross Profit Ratio | 81.97% | 82.90% | 80.45% | 82.60% | 82.49% | 79.24% | 79.31% | 74.36% |
| Research and Development Expenses | $90.24M | $90.72M | $92.56M | $79.30M | $45.72M | $34.48M | $26.04M | $16.07M |
| General and Administrative Expenses | $74.81M | $62.71M | $51.16M | $52.62M | $28.03M | $22.37M | $20.60M | $8.43M |
| Selling and Marketing Expenses | $171.68M | $161.21M | $174.60M | $159.37M | $94.38M | $62.75M | $49.72M | $33.77M |
| Selling General and Administrative Expenses | $246.49M | $223.92M | $225.76M | $211.98M | $122.41M | $85.12M | $70.32M | $42.20M |
| Other Expenses | $- | $- | $27.63M | $- | $- | $- | $- | $- |
| Operating Expenses | $336.73M | $314.64M | $318.32M | $291.28M | $168.13M | $119.60M | $96.35M | $58.27M |
| Cost and Expenses | $407.30M | $376.48M | $384.27M | $343.00M | $201.32M | $141.82M | $111.97M | $71.64M |
| Interest Income | $27.71M | $23.15M | $6.48M | $1.92M | $1.87M | $1.37M | $408.00K | $493.00K |
| Interest Expense | $- | $2.73M | $3.40M | $20.16M | $4.41M | $323.00K | $- | $- |
| Depreciation and Amortization | $10.48M | $5.99M | $10.19M | $6.88M | $4.34M | $3.57M | $2.25M | $1.09M |
| EBITDA | $22.36M | $13.77M | $-57.60M | $-38.46M | $-5.87M | $-31.00M | $-34.22M | $-18.43M |
| EBITDA Ratio | 5.71% | 3.81% | -2.69% | -12.92% | -3.94% | -29.12% | -45.32% | -35.37% |
| Operating Income | $-15.82M | $-15.11M | $-46.91M | $-45.34M | $-11.81M | $-34.75M | $-36.47M | $-19.52M |
| Operating Income Ratio | -4.04% | -4.18% | -13.90% | -15.23% | -6.23% | -32.45% | -48.30% | -37.46% |
| Total Other Income Expenses Net | $27.71M | $20.16M | $-24.00M | $-19.51M | $-2.80M | $1.37M | $408.00K | $493.00K |
| Income Before Tax | $11.89M | $5.05M | $-70.91M | $-64.85M | $-14.61M | $-33.38M | $-36.06M | $-19.03M |
| Income Before Tax Ratio | 3.04% | 1.40% | -21.02% | -21.79% | -7.71% | -31.17% | -47.76% | -36.52% |
| Income Tax Expense | $-6.36M | $1.37M | $577.00K | $159.00K | $200.00K | $160.00K | $408.00K | $294.00K |
| Net Income | $18.25M | $3.68M | $-71.49M | $-65.01M | $-14.81M | $-33.54M | $-36.06M | $-19.32M |
| Net Income Ratio | 4.66% | 1.02% | -21.19% | -21.84% | -7.81% | -31.32% | -47.76% | -37.08% |
| EPS | $0.99 | $0.10 | $-1.94 | $-1.81 | $-0.46 | $-1.64 | $-1.41 | $-0.75 |
| EPS Diluted | $0.96 | $0.09 | $-1.94 | $-1.81 | $-0.46 | $-1.64 | $-1.41 | $-0.75 |
| Weighted Average Shares Outstanding | 36.98M | 38.07M | 36.86M | 35.96M | 32.32M | 20.50M | 25.64M | 25.64M |
| Weighted Average Shares Outstanding Diluted | 37.84M | 39.15M | 36.86M | 35.96M | 32.32M | 20.50M | 25.64M | 25.64M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 |
|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $134.79M | $183.67M | $86.75M | $71.15M | $268.03M | $24.17M | $55.95M | $27.87M |
| Short Term Investments | $433.79M | $233.70M | $375.29M | $252.15M | $219.37M | $103.56M | $- | $30.00M |
| Cash and Short Term Investments | $568.58M | $417.37M | $462.05M | $323.30M | $487.40M | $127.73M | $55.95M | $57.87M |
| Net Receivables | $34.20M | $24.22M | $19.02M | $14.25M | $5.42M | $3.12M | $776.00K | $578.00K |
| Inventory | $- | $- | $1.14M | $2.95M | $346.00K | $324.00K | $327.00K | $- |
| Other Current Assets | $153.31M | $152.89M | $144.16M | $130.63M | $98.33M | $56.27M | $39.74M | $298.00K |
| Total Current Assets | $756.08M | $594.48M | $625.22M | $468.22M | $591.15M | $187.12M | $96.79M | $58.74M |
| Property Plant Equipment Net | $9.39M | $11.46M | $14.74M | $18.28M | $21.88M | $5.32M | $5.14M | $5.27M |
| Goodwill | $110.22M | $77.27M | $77.27M | $77.27M | $11.24M | $11.24M | $1.38M | $- |
| Intangible Assets | $41.88M | $10.72M | $14.77M | $49.22M | $5.88M | $7.19M | $4.07M | $1.72M |
| Goodwill and Intangible Assets | $152.10M | $87.99M | $92.04M | $126.49M | $17.12M | $18.43M | $5.45M | $1.72M |
| Long Term Investments | $122.01M | $328.33M | $189.84M | $317.52M | $228.05M | $21.80M | $3.19M | $3.70M |
| Tax Assets | $- | $- | $- | $57.62M | $- | $- | $-3.19M | $-3.70M |
| Other Non-Current Assets | $30.39M | $1.35M | $1.97M | $-56.56M | $3.00M | $3.69M | $3.65M | $4.04M |
| Total Non-Current Assets | $313.89M | $429.13M | $298.58M | $463.35M | $270.05M | $49.24M | $14.24M | $11.03M |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $1.07B | $1.02B | $923.80M | $931.57M | $861.20M | $236.36M | $111.03M | $69.77M |
| Account Payables | $5.53M | $5.49M | $8.63M | $8.70M | $3.62M | $3.75M | $3.36M | $2.61M |
| Short Term Debt | $460.47M | $2.57M | $5.51M | $8.38M | $7.17M | $503.00K | $445.00K | $471.00K |
| Tax Payables | $1.27M | $408.00K | $320.00K | $2.35M | $11.34M | $- | $- | $- |
| Deferred Revenue | $20.09M | $11.05M | $11.35M | $12.14M | $5.96M | $3.25M | $9.63M | $7.59M |
| Other Current Liabilities | $197.59M | $185.91M | $171.28M | $157.47M | $117.78M | $74.44M | $49.97M | $39.78M |
| Total Current Liabilities | $684.95M | $205.43M | $197.10M | $189.04M | $145.87M | $81.94M | $53.78M | $42.86M |
| Long Term Debt | $2.75M | $459.79M | $459.41M | $382.56M | $368.04M | $2.54M | $2.79M | $3.46M |
| Deferred Revenue Non-Current | $- | $- | $-2.03M | $-70.72M | $- | $-2.62M | $-488.00K | $-356.00K |
| Deferred Tax Liabilities Non-Current | $- | $- | $474.00K | $57.62M | $- | $184.00K | $124.00K | $124.00K |
| Other Non-Current Liabilities | $19.63M | $2.62M | $1.56M | $13.10M | $1.89M | $3.08M | $488.00K | $356.00K |
| Total Non-Current Liabilities | $22.38M | $462.40M | $460.97M | $395.66M | $369.93M | $5.61M | $3.28M | $3.81M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $707.32M | $667.83M | $658.07M | $584.70M | $515.80M | $87.55M | $57.06M | $46.67M |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $727.18M | $- | $565.83M | $585.55M | $517.44M | $306.33M | $178.16M | $110.63M |
| Retained Earnings | $-366.19M | $-284.36M | $-288.04M | $-237.59M | $-172.57M | $-157.76M | $-123.59M | $-87.53M |
| Accumulated Other Comprehensive Income Loss | $1.67M | $-714.00K | $-12.06M | $-1.09M | $532.00K | $238.00K | $-598.00K | $0 |
| Other Total Stockholders Equity | $- | $640.85M | $565.83M | $585.55M | $517.44M | $- | $- | $-0 |
| Total Stockholders Equity | $362.65M | $355.77M | $265.73M | $346.87M | $345.40M | $148.81M | $53.97M | $23.10M |
| Total Equity | $362.65M | $355.77M | $265.73M | $346.87M | $345.40M | $148.81M | $53.97M | $23.10M |
| Total Liabilities and Stockholders Equity | $1.07B | $1.02B | $923.80M | $931.57M | $861.20M | $236.36M | $111.03M | $69.77M |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $1.07B | $1.02B | $923.80M | $931.57M | $861.20M | $236.36M | $111.03M | $69.77M |
| Total Investments | $555.80M | $562.03M | $565.13M | $569.67M | $447.42M | $125.36M | $3.19M | $30.00M |
| Total Debt | $463.21M | $462.36M | $463.73M | $400.98M | $373.80M | $6.12M | $3.24M | $3.93M |
| Net Debt | $328.43M | $278.68M | $376.98M | $329.83M | $105.77M | $-18.06M | $-52.72M | $-23.94M |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 |
|---|---|---|---|---|---|---|---|---|
| Net Income | $18.25M | $3.68M | $-71.49M | $-65.01M | $-14.81M | $-33.54M | $-36.06M | $-19.32M |
| Depreciation and Amortization | $10.48M | $5.99M | $10.19M | $6.88M | $4.34M | $3.57M | $2.25M | $1.09M |
| Deferred Income Tax | $- | $- | $- | $8.13M | $15.00K | $- | $- | $- |
| Stock Based Compensation | $- | $68.70M | $71.75M | $55.41M | $15.81M | $8.90M | $11.65M | $1.40M |
| Change in Working Capital | $-17.62M | $2.73M | $-4.13M | $13.11M | $9.70M | $8.05M | $-29.46M | $11.79M |
| Accounts Receivables | $-18.32M | $-2.88M | $-4.85M | $-6.24M | $-1.78M | $-1.58M | $-143.00K | $11.00K |
| Inventory | $- | $- | $4.85M | $6.24M | $1.78M | $1.58M | $- | $- |
| Accounts Payables | $-409.00K | $-3.19M | $3.88M | $18.12M | $-127.00K | $240.00K | $808.00K | $-145.00K |
| Other Working Capital | $1.10M | $8.80M | $-8.02M | $-5.00M | $9.83M | $7.81M | $-30.27M | $11.94M |
| Other Non Cash Items | $71.97M | $2.09M | $23.79M | $19.52M | $2.08M | $-923.00K | $-51.00K | $-225.00K |
| Net Cash Provided by Operating Activities | $83.07M | $83.19M | $30.11M | $38.04M | $17.14M | $-13.94M | $-51.68M | $-5.26M |
| Investments in Property Plant and Equipment | $-2.51M | $-1.05M | $-2.37M | $-2.58M | $-4.04M | $-1.75M | $-1.60M | $-3.40M |
| Acquisitions Net | $-39.74M | $- | $- | $-97.08M | $-1.94M | $-9.97M | $-2.68M | $- |
| Purchases of Investments | $-153.70M | $-309.15M | $-141.70M | $-282.45M | $-431.18M | $-229.31M | $830.00K | $-4.00M |
| Sales Maturities of Investments | $167.43M | $273.19M | $130.70M | $193.76M | $183.19M | $104.99M | $30.00M | $10.00M |
| Other Investing Activities | $-300.00K | $46.80M | $-1.25M | $-41.12M | $-72.39M | $-40.00K | $-490.00K | $-1.52M |
| Net Cash Used for Investing Activities | $-28.82M | $9.78M | $-14.62M | $-229.47M | $-326.36M | $-136.08M | $26.07M | $5.08M |
| Debt Repayment | $-3.99M | $- | $-2.27M | $-599.00K | $446.74M | $-470.00K | $-421.00K | $857.00K |
| Common Stock Issued | $3.35M | $2.77M | $3.77M | $8.29M | $129.85M | $117.69M | $53.07M | $396.00K |
| Common Stock Repurchased | $-100.08M | $- | $-2.03M | $-8.99M | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $-3.50M | $2.85M | $632.00K | $-1.80M | $105.07M | $773.00K | $1.24M | $396.00K |
| Net Cash Used Provided by Financing Activities | $-104.22M | $2.85M | $-1.64M | $-2.40M | $551.81M | $117.99M | $53.89M | $1.25M |
| Effect of Forex Changes on Cash | $-230.00K | $-29.00K | $-32.00K | $-130.00K | $1.27M | $245.00K | $-190.00K | $627.00K |
| Net Change in Cash | $-50.20M | $95.78M | $13.82M | $-193.96M | $243.86M | $-31.78M | $28.09M | $1.70M |
| Cash at End of Period | $133.47M | $183.67M | $87.89M | $74.07M | $268.03M | $24.17M | $55.95M | $27.87M |
| Cash at Beginning of Period | $183.67M | $87.89M | $74.07M | $268.03M | $24.17M | $55.95M | $27.87M | $26.17M |
| Operating Cash Flow | $83.07M | $83.19M | $30.11M | $38.04M | $17.14M | $-13.94M | $-51.68M | $-5.26M |
| Capital Expenditure | $-1.30M | $-1.11M | $-2.37M | $-2.58M | $-4.04M | $-1.75M | $-1.60M | $-3.40M |
| Free Cash Flow | $81.77M | $82.07M | $27.74M | $35.46M | $13.10M | $-15.70M | $-53.27M | $-8.66M |