$82.7 M

PERI Mkt cap, 22-May-2019

$312.8 M

Perion Revenue FY, 2016
Perion Revenue growth (FY, 2015 - FY, 2016), %42%
Perion Gross profit (FY, 2016)172.6 M
Perion Gross profit margin (FY, 2016), %55.2%
Perion Net income (FY, 2016)201 K
Perion EBIT (FY, 2016)11.3 M
Perion Cash, 31-Dec-201624 M
Perion EV114.6 M

Perion Revenue

Perion revenue was $312.79 m in FY, 2016 which is a 41.6% year over year increase from the previous period.

Embed Graph

Perion Revenue Breakdown

Embed Graph

Perion revenue breakdown by business segment: 55.2% from Search and other and 44.8% from Advertising

Perion Income Statement

Annual

USDFY, 2014FY, 2015FY, 2016

Revenue

388.7m221.0m312.8m

Revenue growth, %

(43%)42%

Cost of goods sold

174.6m91.2m140.2m

Gross profit

214.2m129.8m172.6m

Gross profit Margin, %

55%59%55%

Sales and marketing expense

20.8m22.9m58.6m

R&D expense

37.4m21.7m26.5m

General and administrative expense

36.7m31.1m32.9m

Operating expense total

94.9m75.6m118.0m

Depreciation and amortization

21.3m11.4m26.0m

EBIT

63.0m(39.0m)11.3m

EBIT margin, %

16%(18%)4%

Interest expense

2.9m1.9m8.3m

Pre tax profit

60.1m(41.0m)3.1m

Income tax expense

10.8m697.0k212.0k

Net Income

42.8m(68.7m)201.0k

Perion Balance Sheet

Annual

USDFY, 2015FY, 2016

Cash

17.5m24.0m

Accounts Receivable

66.7m71.3m

Current Assets

144.0m113.8m

PP&E

12.7m14.2m

Goodwill

203.7m190.7m

Total Assets

442.3m368.5m

Accounts Payable

40.4m38.3m

Short-term debt

23.8m17.9m

Current Liabilities

106.6m86.7m

Long-term debt

46.9m37.9m

Total Debt

70.7m55.9m

Total Liabilities

242.5m160.3m

Additional Paid-in Capital

227.3m234.8m

Retained Earnings

(25.8m)(25.6m)

Total Equity

199.8m208.1m

Debt to Equity Ratio

0.4 x0.3 x

Debt to Assets Ratio

0.2 x0.2 x

Financial Leverage

2.2 x1.8 x

Perion Cash Flow

Annual

USDFY, 2014FY, 2015FY, 2016

Net Income

42.8m(68.7m)201.0k

Depreciation and Amortization

21.3m11.4m26.0m

Accounts Receivable

(23.6m)3.4m(5.3m)

Accounts Payable

2.2m(3.7m)(1.7m)

Cash From Operating Activities

72.0m17.6m30.5m

Purchases of PP&E

(10.9m)(2.0m)(1.5m)

Cash From Investing Activities

(7.0m)(120.4m)28.7m

Short-term Borrowings

(46.0m)

Long-term Borrowings

(2.3m)(2.3m)(9.5m)

Cash From Financing Activities

35.2m19.2m(52.6m)

Interest Paid

260.0k2.3m5.7m

Income Taxes Paid

20.9m21.3m4.0m

Perion Ratios

USDY, 2016

EV/EBIT

10.1 x

EV/CFO

3.8 x

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

1.8 x

Perion Operating Metrics

FY, 2014FY, 2015FY, 2016Jun, 2017

Average Monthly Queries

830 m480 m383 m

Brand Advertisers

1 k

Locations

14

Patents (Foreign)

1 1

Patents (US)

6 6

Premium Publishers

500

Trademarks

9 20

Perion Employee Rating

3.564 votes
Culture & Values
3.2
Work/Life Balance
4.2
Senior Management
2.6
Salary & Benefits
4.2
Career Opportunities
2.9
Source