SIMILARWEB LTD.

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Depreciation and amortization $1.8m $2.0m $3.2m $10.6m $10.3m $10.5m $9.0m
Share-based compensation $2.0m $4.8m $11.2m $17.0m $18.1m $17.6m $21.2m
Share-based compensation included in capitalized internal-use software $0 $37k $104k $12k
Gain on sale of equipment $0 $0 ($142k) $0 ($12k) ($31k)
Change in operating lease right-of-use assets and liabilities, net $0 $0 $5.7m ($1.9m) ($1.1m) $3.5m
Additions to operating lease right-of-use assets and liabilities $0 $0 $9.5m $2.6m $6.1m $7.2m
Net loss ($17.7m) ($22.0m) ($69.0m) ($83.7m) ($29.4m) ($11.5m) ($32.9m)
Finance expense (income) ($51k) ($202k) $45k $1.1m $1.6m $500k ($225k)
Unrealized (gain) loss from hedging transactions ($435k) $313k ($23k) ($20k) ($52k) $103k ($32k)
Increase in accounts receivable, net ($6.0m) ($6.6m) ($5.1m) ($6.9m) ($9.7m) ($2.1m) ($2.3m)
(Increase) decrease in deferred contract costs ($873k) ($5.2m) ($6.1m) ($459k) ($2.9m) ($258k) $1.5m
Decrease (increase) in prepaid expenses and other current assets $617k $612k ($716k)
Increase in other non-current assets $186k ($272k) ($412k) $372k ($53k) ($6k) ($86k)
Increase in accounts payable ($189k) $1.3m $6.6m ($4.3m) $1.3m $3.6m $1.5m
Increase in deferred revenue $8.9m $12.9m $24.4m $15.1m $6.7m $6.4m $2.7m
Increase in other non-current liabilities $426k $327k $475k ($1.5m) $961k $528k $156k
Increase in other payables and accrued expenses $2.5m $9.6m $13.2m ($316k) $1.4m $5.2m $11.3m
Purchase of property and equipment, net ($284k) ($748k) ($2.3m) ($28.3m) ($1.6m) ($1.4m) ($1.5m)
Capitalized internal-use software costs ($1.5m) ($387k) ($502k) ($2.9m) ($821k) ($1.3m) ($163k)
(Increase) decrease in restricted deposits $706k ($72k) ($10.0m) $1.7m ($206k) ($552k) $4.2m
Proceeds from exercise of stock options $589k $1.4m $1.2m $2.0m $2.3m $4.7m $4.6m
Proceeds from employee share purchase plan $0 $0 $2.1m $1.3m $1.5m $2.3m
Repayment of Credit Facility $0 $0 ($56.8m) $0 $0 ($25.0m) $0
Payments of contingent consideration, net $0 $0 ($2.4m) $0 $0
Proceeds from exercise of share options included in other current assets $0 $0 $11k $29k $6k
Deferred costs of property and equipment incurred during the period included in accounts payable $0 $0 $116k $139k $227k $137k
Deferred payments related to business combinations $0 $0 $1.3m $340k $0
Net cash (used in) provided by operating activities ($9.7m) ($3.8m) ($27.6m) ($46.1m) ($3.0m) $30.2m $14.6m
Payment for business combinations, net of cash acquired $0 $0 ($9.5m) ($3.8m) $0 ($15.4m) ($15.8m)
Net cash used in investing activities $479k ($30.8m) $7.4m ($33.0m) ($2.6m) ($18.7m) ($13.2m)
Net cash provided by (used in) financing activities $10.4m $51.2m $125.2m $29.1m $1.2m ($18.8m) $6.9m
Effect of exchange rates on cash and cash equivalents $51k $202k ($45k) ($1.1m) ($1.6m) ($500k) $225k
Net decrease (increase) in cash and cash equivalents $1.2m $16.9m $104.9m ($51.1m) ($6.1m) ($7.9m) $8.6m
Cash and cash equivalents, beginning of period $5.8m $7.0m $23.9m $128.9m $77.8m $71.7m $63.9m