← Perion Network Ltd.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $201k ($72.8m) $8.1m $12.9m $10.2m $38.7m $99.2m $117.4m $12.6m ($7.9m)
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $2.8m ($72.8m) $8.1m $12.9m $10.2m $38.7m $99.2m $117.4m $12.6m ($7.9m)
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $2.8m ($72.8m) $8.1m $12.9m $10.2m $38.7m $99.2m $117.4m $12.6m ($7.9m)
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest ($2.6m) — — — — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent ($2.6m) — — — — — — — — —
Depreciation, Depletion and Amortization $26.0m $16.6m $9.7m $9.7m $9.9m $9.9m $13.8m $14.1m $16.4m $17.7m
Amortization of Intangible Assets $22.0m — — — — — — — — —
Capitalized Computer Software, Amortization $769k $843k $3.0m $3.6m $3.1m $1.4m — — — —
Depreciation $4.0m $3.6m $5.0m $5.5m $4.7m $3.0m $2.0m $1.6m $2.1m $2.4m
Deferred Income Tax Expense (Benefit) ($3.3m) ($8.9m) $458k ($2.0m) ($3.1m) ($2.8m) ($1.5m) ($734k) ($2.2m) ($1.5m)
Share-based Payment Arrangement, Noncash Expense $6.8m $2.1m $2.7m $2.3m $4.4m $7.0m $11.6m $15.6m $27.2m $31.1m
Share-based Payment Arrangement, Expense $6.8m $2.1m $2.7m $2.3m $4.4m $7.0m $11.6m $15.6m $27.2m $31.1m
Goodwill, Impairment Loss — $65.7m — — — — — — — —
Impairment of Intangible Assets, Finite-lived — $20.0m — — — — — — — —
Gain (Loss) on Disposition of Property Plant Equipment ($149k) — — $0 ($10k) ($121k) $12k $27k $46k $42k
Income Tax Expense (Benefit) $212k ($8.8m) $2.8m $1.6m ($610k) $6.6m $14.4m $20.3m $2.9m $3.0m
Operating Lease, Expense — — — — — $4.4m $2.8m $2.0m $3.9m $2.9m
Changes in operating assets and liabilities:
Noncash investing and financing activities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $5.3m ($8.9m) ($7.4m) ($6.4m) $32.0m $34.2m $45.2m $5.3m ($66.1m) $23.0m
Accounts Receivable, Credit Loss Expense (Reversal) $152k $230k $180k $78k $323k $82k $210k $1.1m — —
Proceeds from Stock Options Exercised $2k $1k — $1.2m $4.3m $6.9m $5.8m $2.4m $547k $612k
Purchases of property and equipment, accrued but unpaid $1.5m $1.6m $2.0m $1.2m $459k $627k $1.1m $811k $6.9m $3.8m
Accretion Expense $1.3m $43k — — — $119k $0 $0 $0 $669k
Foreign Currency Transaction Gain (Loss), before Tax ($980k) ($83k) ($3k) $86k ($19k) $223k ($20k) $27k ($53k) $481k
General and Administrative Expense $32.9m $21.9m $16.4m $15.0m $15.8m $20.9m $23.8m $31.8m $38.7m $36.4m
Goodwill $190.7m $125.1m $125.1m $125.8m $152.3m $189.3m $195.5m $248.0m $247.1m $266.1m
Marketable Securities, Unrealized Gain (Loss) — — — — — — — ($101k) $164k $35k
Nonoperating Income (Expense) ($8.3m) ($5.9m) ($3.8m) ($3.5m) ($2.6m) ($581k) $4.5m $21.0m $18.5m $9.9m
Operating Expenses $301.4m $349.6m $238.2m $243.4m $315.8m $432.6m $531.1m $626.4m $501.3m $454.8m
Restructuring Costs — — — — — — — — $6.9m $1.3m
Unrealized Gain (Loss) on Derivatives $608k $2.4m — $380k — $0 — — — —
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax $167k $525k ($206k) $272k $764k — — — — —
Net Cash Provided by (Used in) Operating Activities $30.5m $36.0m $32.8m $44.7m $22.2m $71.1m $122.1m $155.5m $6.9m $41.9m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $1.5m $1.6m $2.0m $1.2m $459k $627k $1.1m $811k $6.9m $3.8m
Payments to Acquire Businesses, Net of Cash Acquired — — — $1.2m $19.0m $38.4m $9.6m $101.9m $0 $26.6m
Net Cash Provided by (Used in) Investing Activities $28.7m ($4.9m) ($1.8m) ($21.2m) ($8.9m) ($243.5m) ($46.8m) ($133.4m) $62.6m ($37.4m)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt — $5.0m $25.0m — — — — — — —
Repayments of Long-term Debt — — — — — — — — — $452k
Net Cash Provided by (Used in) Financing Activities — ($23.8m) ($23.0m) ($24.8m) ($4.0m) $229.1m ($3.3m) ($10.8m) ($100.9m) ($71.1m)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — — $81k ($33k) ($59k) $141k ($214k) $333k
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $9.1m $7.6m $8.0m ($1.2m) $9.3m $56.7m $72.0m $11.4m ($31.6m) ($66.2m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $9.1m $7.6m $40.8m $39.6m $48.9m $105.5m $177.5m $188.9m $157.4m $91.2m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — $4.6m $3.6m $2.3m $1.1m $203k $5k $6k $13k $85k
Income Taxes Paid, Net $4.0m $8.4m $1.3m $4.0m $3.2m $4.4m $7.7m $18.0m $13.1m $8.3m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.