Innovid Corp (N:CTV)

Sector:  Technology Industry:  Software
 
See Regulatory Filings on SEC
Company Contact
Address: 30 Irving Place, 12Th Floor
NEW YORK NY 10003
Tel: N/A
Website: https://investors.innovid.com
IR: See website
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Key People
Zvika Netter
Chief Executive Officer, Director
Anthony Callini
Chief Financial Officer
Ken Markus
Chief Operating Officer
Tal Chalozin
Chief Technology Officer
David Helmreich
Chief Commercial Officer
 
Business Overview
Innovid Corp. provides an enterprise software platform for the creation, delivery, measurement, and optimization of advertising across connected television (TV) (CTV), linear TV, mobile, and desktop environments. The Company's cloud-based enterprise technology platform is purpose-built for CTV, with a comprehensive view of the full advertising ecosystem, including linear TV, mobile, and desktop channels. Its integrated platform consists of three core solutions: Ad Serving, Creative Personalization, and Measurement Solutions. Its open platforms enable its clients to seamlessly activate partners such as DoubleVerify, Integral Ad Science, Oracle Data Cloud, among many others. Its Measurement Solution, Innovid XP, is designed to provide holistic and granular household-level analysis for the TV and digital ecosystem. It counts many of the brand advertisers as customers, including Anheuser-Busch InBev, CVS Pharmacy, Kellogg's, Mercedes-Benz, Target, Sanofi, and more.
Financial Overview
For the three months ended 31 March 2024, Innovid Corp revenues increased 21% to $36.7M. Net loss decreased 27% to $6.2M. Revenues reflect US segment increase of 21% to $33.4M, APAC segment increase of 40% to $1.1M. Lower net loss reflects Stock-based Compensation in R&D decrease of 40% to $700K (expense), Stock-based Compensation in SGA decrease of 28% to $1.1M (expense).
Employees: 466 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $251.48M as of Mar 31, 2024
Annual revenue (TTM): $146.14M as of Mar 31, 2024
EBITDA (TTM): $3.80M as of Mar 31, 2024
Net annual income (TTM): -$29.58M as of Mar 31, 2024
Free cash flow (TTM): $7.05M as of Mar 31, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 144,413,260 as of Apr 30, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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