Cyren Ltd
NASDAQ:CYRN
Income Statement
Earnings Waterfall
Cyren Ltd
Revenue
|
24.7m
USD
|
Cost of Revenue
|
-13.6m
USD
|
Gross Profit
|
11m
USD
|
Operating Expenses
|
-36.1m
USD
|
Operating Income
|
-25.1m
USD
|
Other Expenses
|
-7.4m
USD
|
Net Income
|
-32.5m
USD
|
Income Statement
Cyren Ltd
Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||||||||||
Revenue |
24
N/A
|
26
+8%
|
28
+9%
|
31
+9%
|
32
+5%
|
32
+0%
|
33
+1%
|
32
-1%
|
32
-1%
|
31
-3%
|
29
-5%
|
28
-3%
|
28
-3%
|
28
+2%
|
29
+3%
|
30
+3%
|
31
+3%
|
32
+2%
|
32
+1%
|
31
-1%
|
31
-2%
|
30
-1%
|
32
+5%
|
34
+6%
|
36
+6%
|
38
+6%
|
38
+1%
|
38
0%
|
38
+0%
|
38
0%
|
38
-1%
|
37
-1%
|
36
-3%
|
35
-2%
|
32
-10%
|
29
-11%
|
27
-4%
|
24
-11%
|
24
+0%
|
25
+1%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(4)
|
(5)
|
(6)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(11)
|
(12)
|
(12)
|
(12)
|
(12)
|
(13)
|
(13)
|
(15)
|
(15)
|
(15)
|
(15)
|
(16)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
|
Gross Profit |
20
N/A
|
21
+7%
|
22
+8%
|
24
+7%
|
25
+4%
|
25
0%
|
25
0%
|
24
-2%
|
23
-4%
|
22
-5%
|
21
-7%
|
20
-4%
|
19
-4%
|
19
+2%
|
20
+2%
|
20
+2%
|
21
+2%
|
20
-2%
|
20
0%
|
20
-2%
|
19
-1%
|
19
-4%
|
19
+3%
|
20
+6%
|
21
+4%
|
23
+7%
|
23
+2%
|
23
0%
|
23
-1%
|
23
+2%
|
23
-2%
|
22
-2%
|
22
-3%
|
21
-5%
|
17
-15%
|
14
-17%
|
13
-10%
|
10
-21%
|
11
+1%
|
11
+5%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(19)
|
(22)
|
(25)
|
(27)
|
(27)
|
(28)
|
(29)
|
(29)
|
(30)
|
(28)
|
(26)
|
(26)
|
(23)
|
(24)
|
(24)
|
(24)
|
(27)
|
(27)
|
(29)
|
(31)
|
(33)
|
(35)
|
(37)
|
(39)
|
(41)
|
(42)
|
(42)
|
(41)
|
(41)
|
(39)
|
(38)
|
(39)
|
(37)
|
(38)
|
(36)
|
(34)
|
(35)
|
(35)
|
(36)
|
(36)
|
|
Selling, General & Administrative |
(12)
|
(14)
|
(16)
|
(18)
|
(20)
|
(20)
|
(21)
|
(21)
|
(20)
|
(18)
|
(17)
|
(16)
|
(15)
|
(15)
|
(15)
|
(15)
|
(16)
|
(17)
|
(19)
|
(21)
|
(22)
|
(24)
|
(24)
|
(25)
|
(24)
|
(24)
|
(24)
|
(24)
|
(25)
|
(24)
|
(23)
|
(23)
|
(21)
|
(21)
|
(20)
|
(19)
|
(19)
|
(19)
|
(20)
|
(20)
|
|
Research & Development |
(7)
|
(8)
|
(8)
|
(9)
|
(9)
|
(10)
|
(11)
|
(11)
|
(11)
|
(11)
|
(10)
|
(9)
|
(9)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(11)
|
(12)
|
(14)
|
(16)
|
(17)
|
(18)
|
(17)
|
(16)
|
(15)
|
(15)
|
(16)
|
(16)
|
(17)
|
(16)
|
(15)
|
(16)
|
(16)
|
(16)
|
(16)
|
|
Depreciation & Amortization |
0
|
(0)
|
(0)
|
(1)
|
0
|
(1)
|
(1)
|
0
|
0
|
(0)
|
(0)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
3
|
3
|
3
|
4
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
1
N/A
|
(1)
N/A
|
(3)
-102%
|
(3)
-25%
|
(2)
+34%
|
(3)
-32%
|
(4)
-42%
|
(4)
-10%
|
(7)
-51%
|
(6)
+8%
|
(5)
+10%
|
(6)
-13%
|
(4)
+26%
|
(4)
+2%
|
(5)
-5%
|
(4)
+10%
|
(6)
-46%
|
(7)
-19%
|
(9)
-28%
|
(12)
-27%
|
(13)
-14%
|
(16)
-21%
|
(17)
-8%
|
(19)
-6%
|
(19)
-4%
|
(19)
+2%
|
(19)
-1%
|
(18)
+7%
|
(18)
+1%
|
(15)
+13%
|
(15)
0%
|
(17)
-9%
|
(16)
+7%
|
(17)
-10%
|
(19)
-7%
|
(20)
-6%
|
(22)
-14%
|
(25)
-12%
|
(25)
-2%
|
(25)
+1%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(2)
|
(2)
|
(2)
|
(2)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(0)
|
|
Non-Reccuring Items |
0
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
0
|
0
|
(0)
|
1
|
1
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Pre-Tax Income |
1
N/A
|
(2)
N/A
|
(3)
-112%
|
(4)
-28%
|
(5)
-11%
|
(6)
-20%
|
(7)
-19%
|
(7)
+1%
|
(7)
-11%
|
(7)
+8%
|
(5)
+20%
|
(6)
-14%
|
(5)
+22%
|
(5)
+3%
|
(5)
-3%
|
(4)
+10%
|
(6)
-48%
|
(7)
-18%
|
(9)
-23%
|
(11)
-28%
|
(15)
-33%
|
(18)
-18%
|
(20)
-10%
|
(21)
-5%
|
(20)
+6%
|
(19)
+3%
|
(19)
-2%
|
(18)
+5%
|
(18)
+1%
|
(16)
+10%
|
(16)
0%
|
(18)
-8%
|
(17)
+2%
|
(19)
-9%
|
(20)
-6%
|
(21)
-6%
|
(24)
-11%
|
(26)
-10%
|
(26)
+0%
|
(26)
+2%
|
|
Net Income | |||||||||||||||||||||||||||||||||||||||||
Tax Provision |
1
|
1
|
1
|
1
|
(5)
|
(5)
|
(5)
|
(5)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
|
Income from Continuing Operations |
1
|
(1)
|
(3)
|
(3)
|
(10)
|
(11)
|
(12)
|
(12)
|
(7)
|
(7)
|
(5)
|
(6)
|
(5)
|
(5)
|
(5)
|
(4)
|
(6)
|
(7)
|
(9)
|
(11)
|
(15)
|
(18)
|
(20)
|
(21)
|
(19)
|
(19)
|
(19)
|
(18)
|
(18)
|
(16)
|
(16)
|
(18)
|
(17)
|
(19)
|
(20)
|
(21)
|
(24)
|
(26)
|
(26)
|
(26)
|
|
Net Income (Common) |
1
N/A
|
(1)
N/A
|
(3)
-157%
|
(3)
-37%
|
(10)
-184%
|
(11)
-9%
|
(12)
-12%
|
(12)
+2%
|
(7)
+41%
|
(7)
+7%
|
(5)
+21%
|
(6)
-12%
|
(5)
+17%
|
(5)
+4%
|
(5)
-4%
|
(4)
+7%
|
(6)
-39%
|
(7)
-16%
|
(9)
-22%
|
(11)
-28%
|
(15)
-35%
|
(18)
-18%
|
(20)
-10%
|
(21)
-5%
|
(19)
+6%
|
(19)
+3%
|
(19)
-2%
|
(18)
+5%
|
(18)
+1%
|
(16)
+10%
|
(16)
0%
|
(18)
-8%
|
(17)
+2%
|
(19)
-8%
|
(20)
-5%
|
(21)
-5%
|
(23)
-12%
|
(25)
-10%
|
(32)
-27%
|
(32)
-1%
|
|
EPS (Diluted) |
0.06
N/A
|
-0.04
N/A
|
-0.1
-150%
|
-0.13
-30%
|
-0.37
-185%
|
-0.4
-8%
|
-0.45
-13%
|
-0.31
+31%
|
-0.24
+23%
|
-0.21
+13%
|
-0.15
+29%
|
-0.18
-20%
|
-0.14
+22%
|
-0.13
+7%
|
-0.13
N/A
|
-0.11
+15%
|
-0.15
-36%
|
-0.17
-13%
|
-0.21
-24%
|
-0.28
-33%
|
-0.33
-18%
|
-0.33
N/A
|
-0.36
-9%
|
-0.38
-6%
|
-0.36
+5%
|
-0.34
+6%
|
-0.34
N/A
|
-0.32
+6%
|
-0.31
+3%
|
-0.28
+10%
|
-0.28
N/A
|
-0.3
-7%
|
-0.29
+3%
|
-0.27
+7%
|
-5.21
-1 830%
|
-5.27
-1%
|
-5.08
+4%
|
-3.59
+29%
|
-4.16
-16%
|
-4.15
+0%
|