
Fiverr International Ltd
NYSE:FVRR

Income Statement
Earnings Waterfall
Fiverr International Ltd
Revenue
|
391.5m
USD
|
Cost of Revenue
|
-70.6m
USD
|
Gross Profit
|
320.9m
USD
|
Operating Expenses
|
-336.7m
USD
|
Operating Income
|
-15.8m
USD
|
Other Expenses
|
34.1m
USD
|
Net Income
|
18.2m
USD
|
Income Statement
Fiverr International Ltd
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 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||
Revenue |
52
N/A
|
57
+10%
|
63
+11%
|
70
+10%
|
76
+9%
|
83
+9%
|
90
+9%
|
98
+9%
|
107
+9%
|
117
+10%
|
139
+18%
|
163
+18%
|
190
+16%
|
224
+18%
|
252
+13%
|
274
+9%
|
298
+9%
|
316
+6%
|
326
+3%
|
334
+3%
|
337
+1%
|
339
+0%
|
343
+1%
|
353
+3%
|
361
+2%
|
367
+2%
|
372
+1%
|
379
+2%
|
391
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||
Cost of Revenue |
(13)
|
(14)
|
(14)
|
(15)
|
(16)
|
(17)
|
(18)
|
(20)
|
(22)
|
(24)
|
(27)
|
(30)
|
(33)
|
(38)
|
(42)
|
(46)
|
(52)
|
(57)
|
(62)
|
(65)
|
(66)
|
(65)
|
(63)
|
(62)
|
(62)
|
(62)
|
(62)
|
(66)
|
(71)
|
|
Gross Profit |
39
N/A
|
43
+12%
|
49
+13%
|
55
+12%
|
60
+9%
|
66
+10%
|
72
+9%
|
78
+9%
|
85
+9%
|
93
+10%
|
112
+20%
|
134
+19%
|
156
+17%
|
186
+19%
|
209
+13%
|
228
+9%
|
246
+8%
|
259
+5%
|
264
+2%
|
269
+2%
|
271
+1%
|
274
+1%
|
280
+2%
|
291
+4%
|
300
+3%
|
305
+2%
|
310
+2%
|
313
+1%
|
321
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||
Operating Expenses |
(58)
|
(73)
|
(81)
|
(90)
|
(96)
|
(94)
|
(103)
|
(110)
|
(116)
|
(124)
|
(134)
|
(148)
|
(168)
|
(204)
|
(233)
|
(260)
|
(288)
|
(306)
|
(321)
|
(330)
|
(318)
|
(314)
|
(307)
|
(307)
|
(315)
|
(317)
|
(321)
|
(324)
|
(337)
|
|
Selling, General & Administrative |
(42)
|
(55)
|
(60)
|
(66)
|
(70)
|
(67)
|
(74)
|
(78)
|
(80)
|
(86)
|
(94)
|
(105)
|
(122)
|
(149)
|
(169)
|
(187)
|
(209)
|
(217)
|
(228)
|
(234)
|
(226)
|
(221)
|
(215)
|
(215)
|
(224)
|
(224)
|
(228)
|
(233)
|
(246)
|
|
Research & Development |
(16)
|
(18)
|
(21)
|
(24)
|
(26)
|
(28)
|
(30)
|
(32)
|
(34)
|
(36)
|
(38)
|
(41)
|
(46)
|
(52)
|
(62)
|
(70)
|
(79)
|
(86)
|
(90)
|
(92)
|
(93)
|
(90)
|
(89)
|
(89)
|
(91)
|
(92)
|
(90)
|
(89)
|
(90)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(2)
|
(1)
|
(2)
|
(2)
|
0
|
(2)
|
(2)
|
(3)
|
0
|
(3)
|
(3)
|
(3)
|
0
|
(3)
|
(3)
|
(2)
|
0
|
(2)
|
(2)
|
(2)
|
0
|
|
Operating Income |
(20)
N/A
|
(29)
-50%
|
(32)
-8%
|
(35)
-10%
|
(37)
-5%
|
(29)
+22%
|
(31)
-10%
|
(32)
-2%
|
(31)
+4%
|
(30)
+1%
|
(22)
+28%
|
(15)
+33%
|
(12)
+20%
|
(18)
-52%
|
(24)
-35%
|
(33)
-36%
|
(42)
-29%
|
(47)
-11%
|
(57)
-22%
|
(61)
-7%
|
(47)
+23%
|
(40)
+15%
|
(26)
+34%
|
(16)
+40%
|
(15)
+4%
|
(12)
+20%
|
(10)
+15%
|
(10)
+1%
|
(16)
-56%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||
Interest Income Expense |
1
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
2
|
2
|
(2)
|
(7)
|
(13)
|
(18)
|
(19)
|
(15)
|
(10)
|
(3)
|
4
|
6
|
10
|
15
|
20
|
24
|
28
|
29
|
28
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(4)
|
(2)
|
(2)
|
(1)
|
0
|
(1)
|
(3)
|
(3)
|
(3)
|
(2)
|
(26)
|
(25)
|
(28)
|
(24)
|
1
|
0
|
0
|
(0)
|
(0)
|
(1)
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
|
Pre-Tax Income |
(19)
N/A
|
(29)
-52%
|
(31)
-8%
|
(35)
-10%
|
(36)
-4%
|
(28)
+22%
|
(31)
-9%
|
(32)
-4%
|
(33)
-5%
|
(31)
+7%
|
(22)
+30%
|
(14)
+36%
|
(15)
-4%
|
(26)
-80%
|
(39)
-50%
|
(53)
-35%
|
(65)
-22%
|
(64)
+1%
|
(93)
-45%
|
(90)
+3%
|
(71)
+21%
|
(58)
+18%
|
(16)
+73%
|
(1)
+93%
|
5
N/A
|
12
+130%
|
17
+49%
|
17
+0%
|
12
-32%
|
|
Net Income | ||||||||||||||||||||||||||||||
Tax Provision |
0
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(3)
|
(6)
|
(7)
|
6
|
|
Income from Continuing Operations |
(19)
|
(29)
|
(31)
|
(34)
|
(36)
|
(28)
|
(31)
|
(32)
|
(34)
|
(31)
|
(22)
|
(14)
|
(15)
|
(26)
|
(40)
|
(54)
|
(65)
|
(64)
|
(93)
|
(90)
|
(72)
|
(59)
|
(17)
|
(2)
|
4
|
9
|
12
|
10
|
18
|
|
Net Income (Common) |
(19)
N/A
|
(29)
-51%
|
(32)
-8%
|
(35)
-10%
|
(36)
-4%
|
(29)
+20%
|
(31)
-9%
|
(33)
-4%
|
(34)
-5%
|
(31)
+8%
|
(22)
+29%
|
(14)
+36%
|
(15)
-4%
|
(26)
-79%
|
(40)
-50%
|
(54)
-35%
|
(65)
-21%
|
(64)
+1%
|
(93)
-45%
|
(90)
+3%
|
(72)
+20%
|
(59)
+18%
|
(17)
+72%
|
(2)
+86%
|
4
N/A
|
9
+138%
|
12
+35%
|
10
-14%
|
18
+80%
|
|
EPS (Diluted) |
-0.62
N/A
|
-0.93
-50%
|
-1.01
-9%
|
-1.11
-10%
|
-1.16
-5%
|
-0.93
+20%
|
-1.01
-9%
|
-1.05
-4%
|
-1.1
-5%
|
-0.97
+12%
|
-0.66
+32%
|
-0.4
+39%
|
-0.46
-15%
|
-0.75
-63%
|
-1.09
-45%
|
-1.46
-34%
|
-1.81
-24%
|
-1.76
+3%
|
-2.52
-43%
|
-2.41
+4%
|
-1.94
+20%
|
-1.55
+20%
|
-0.4
+74%
|
-0.07
+83%
|
0.09
N/A
|
0.21
+133%
|
0.29
+38%
|
0.27
-7%
|
0.48
+78%
|