CLBT - Cellebrite DI Ltd.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$19.75
DETAILS
HIGH:
$23.00
LOW:
$15.00
MEDIAN:
$20.50
CONSENSUS:
$19.75
UPSIDE:
34.90%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | |||||||
| Revenue | 475.7 | 401.2 | 325.1 | 270.7 | 246.2 | 194.9 | 171.9 |
| Cost of Revenue | 75.2 | 62.6 | 53.2 | 50.7 | 42.6 | 37.9 | 35.8 |
| Gross Profit | 400.5 | 338.6 | 271.9 | 219.9 | 203.7 | 157.0 | 136.0 |
| Operating Expenses | |||||||
| R&D Expenses | 113.9 | 98.4 | 84.4 | 80.6 | 65.5 | 54.4 | 46.6 |
| SG&A Expenses | 220.1 | 183.3 | 154.3 | 138.2 | 124.3 | 91.2 | 90.2 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 2.3 | 0.8 |
| Operating Expenses | 334.0 | 281.7 | 238.6 | 218.9 | 189.9 | 147.8 | 137.6 |
| Operating Income | |||||||
| Operating Income | 66.5 | 56.9 | 33.2 | 1.0 | 13.8 | 9.2 | (1.5) |
| Interest Expense | 0 | 349.8 | 0 | 0.1 | 0.2 | 1.4 | 0.4 |
| Interest Income | 24.2 | 18.2 | 8.9 | 2.0 | 0.8 | 2.8 | 3.5 |
| Profitability | |||||||
| EBITDA | 103.1 | (265.3) | (65.4) | 130.1 | 89.5 | 17.3 | 5.6 |
| EBIT | 91.2 | (276.0) | (75.4) | 120.9 | 82.5 | 11.4 | 1.5 |
| Income Before Tax | 90.7 | (276.0) | (75.6) | 120.8 | 82.3 | 11.4 | 1.4 |
| Income Tax Expense | 12.4 | 7.0 | 5.5 | (0.0) | 10.9 | 5.6 | 3.3 |
| Net Income | 78.3 | (283.0) | (81.1) | 120.8 | 71.4 | 5.8 | (1.9) |
| Per Share Data | |||||||
| EPS (Basic) | 0.32 | -1.35 | -0.43 | 0.64 | 0.50 | -0.05 | -0.05 |
| EPS (Diluted) | 0.31 | -1.35 | -0.43 | 0.59 | 0.44 | -0.05 | -0.05 |
| Shares Outstanding | 252.7 | 209.5 | 190.2 | 182.7 | 144.0 | 187.2 | 187.2 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Current Assets | |||||||
| Cash & Cash Equivalents | 124.5 | 191.7 | 189.5 | 87.6 | 146.0 | 128.7 | 76.5 |
| Short-Term Investments | 312.6 | 255.6 | 113.4 | 96.0 | 35.6 | 108.9 | 123.7 |
| Net Receivables | 105.0 | 82.4 | 77.3 | 78.8 | 67.5 | 66.3 | 44.2 |
| Inventory | 7.6 | 8.9 | 9.9 | 10.2 | 6.5 | 4.8 | 4.0 |
| Other Current Assets | 6.6 | 18.2 | 23.1 | 14.8 | 7.9 | 11.2 | 8.9 |
| Total Current Assets | 575.9 | 567.6 | 422.1 | 295.9 | 273.2 | 324.3 | 261.9 |
| Non-Current Assets | |||||||
| Property, Plant & Equipment | 38.5 | 27.6 | 30.2 | 32.9 | 16.8 | 16.1 | 14.8 |
| Goodwill | 119.6 | 28.7 | 26.8 | 26.8 | 26.8 | 9.5 | 0 |
| Intangible Assets | 81.5 | 11.3 | 10.6 | 11.3 | 11.2 | 6.6 | 0 |
| Long-Term Investments | 98.0 | 36.6 | 28.9 | 22.1 | 0 | 0 | 0 |
| Other Non-Current Assets | 14.6 | 7.7 | 12.9 | 1.7 | 2.0 | 0.6 | 0.4 |
| Total Non-Current Assets | 363.0 | 123.0 | 123.9 | 107.4 | 66.6 | 40.1 | 18.4 |
| Total Assets | 938.9 | 690.6 | 532.9 | 403.3 | 339.8 | 364.4 | 280.2 |
| Current Liabilities | |||||||
| Account Payables | 16.8 | 11.1 | 8.3 | 4.6 | 9.5 | 4.7 | 5.4 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 278.2 | 217.6 | 196.6 | 153.3 | 123.7 | 106.1 | 69.8 |
| Other Current Liabilities | 0 | 0 | 9.0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 369.7 | 295.5 | 253.8 | 207.8 | 186.6 | 159.4 | 99.2 |
| Non-Current Liabilities | |||||||
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 16.7 | 7.0 | 188.6 | 69.1 | 190.1 | 107.8 | 103.3 |
| Total Non-Current Liabilities | 84.9 | 59.0 | 244.8 | 121.7 | 226.6 | 141.2 | 122.3 |
| Total Liabilities | 454.5 | 354.5 | 498.7 | 329.4 | 413.1 | 300.6 | 221.4 |
| Stockholders' Equity | |||||||
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | (86.5) | (164.9) | 118.1 | 199.2 | 78.4 | 28.3 | 32.6 |
| Accumulated Other Comprehensive Income | 2.2 | 2.1 | 1.1 | 0.3 | 1.4 | 1.3 | 0.8 |
| Total Stockholders' Equity | 484.3 | 336.0 | 34.2 | 73.9 | (73.3) | 63.8 | 58.8 |
| Total Liabilities & Equity | 938.9 | 690.6 | 532.9 | 403.3 | 339.8 | 364.4 | 280.2 |
| Debt Metrics | |||||||
| Total Debt | 22.7 | 11.0 | 14.1 | 15.4 | 0 | 0 | 0 |
| Net Debt | (101.8) | (180.7) | (175.4) | (72.3) | (146.0) | (128.7) | (76.5) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | 78.3 | (283.0) | (81.1) | 120.8 | 71.4 | 5.8 | (1.9) |
| Depreciation & Amortization | 11.9 | 10.6 | 10.0 | 9.2 | 7.0 | 5.9 | 4.1 |
| Stock-Based Compensation | 0 | 30.6 | 19.0 | 13.7 | 6.5 | 7.3 | 12.8 |
| Change in Working Capital | 42.0 | 42.0 | 38.5 | (2.8) | 20.7 | 49.7 | 2.7 |
| Other Non-Cash Items | 36.7 | 336.0 | 110.5 | (117.9) | (67.9) | 0.7 | 0.1 |
| Operating Cash Flow | 169.0 | 132.2 | 102.1 | 20.6 | 36.1 | 66.5 | 16.1 |
| Investing Activities | |||||||
| Capital Expenditure | (13.2) | (10.6) | (7.9) | (9.1) | (8.1) | (6.2) | (6.2) |
| Acquisitions | (147.5) | (2.7) | 0 | 0 | (20) | (15.0) | 0 |
| Purchases of Investments | (321.2) | (334.8) | (144.3) | (165.4) | (21) | (138.5) | 0 |
| Sales/Maturities of Investments | 212.8 | 198.7 | 129.7 | 83.2 | 94.3 | 153.3 | 0 |
| Other Investing Activities | 0.9 | (2.0) | (2.7) | (2.2) | (3) | 0 | (40.5) |
| Investing Cash Flow | (268.2) | (149.5) | (22.5) | (91.2) | 45.2 | (6.4) | (46.7) |
| Financing Activities | |||||||
| Net Debt Issuance | 4.6 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | (0.1) | (0.8) |
| Dividends Paid | 0 | 0 | 0 | 0 | (100) | (10) | (25) |
| Other Financing Activities | 0 | 20.7 | 21.8 | 14.0 | 31.6 | 1.5 | 0.1 |
| Financing Cash Flow | 29.6 | 20.7 | 21.8 | 14.0 | (68.4) | (8.6) | 75.5 |
| Cash Position | |||||||
| Net Change in Cash | (67.2) | 2.1 | 101.9 | (58.3) | 12.1 | 52.2 | 44.9 |
| Cash at Beginning | 191.7 | 189.5 | 87.6 | 146.0 | 133.8 | 81.7 | 36.8 |
| Cash at End | 124.5 | 191.7 | 189.5 | 87.6 | 146.0 | 133.8 | 81.7 |
| Free Cash Flow | 155.7 | 121.6 | 94.1 | 11.5 | 27.9 | 60.3 | 9.9 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Income Statement | |||||||
| Revenue | 475.7 | 401.2 | 325.1 | 270.7 | 246.2 | 194.9 | 171.9 |
| Gross Profit | 400.5 | 338.6 | 271.9 | 219.9 | 203.7 | 157.0 | 136.0 |
| Operating Income | 66.5 | 56.9 | 33.2 | 1.0 | 13.8 | 9.2 | (1.5) |
| Net Income | 78.3 | (283.0) | (81.1) | 120.8 | 71.4 | 5.8 | (1.9) |
| EPS (Diluted) | 0.31 | -1.35 | -0.43 | 0.59 | 0.44 | -0.05 | -0.05 |
| Balance Sheet | |||||||
| Cash & Equivalents | 124.5 | 191.7 | 189.5 | 87.6 | 146.0 | 128.7 | 76.5 |
| Total Assets | 938.9 | 690.6 | 532.9 | 403.3 | 339.8 | 364.4 | 280.2 |
| Total Debt | 22.7 | 11.0 | 14.1 | 15.4 | 0 | 0 | 0 |
| Stockholders' Equity | 484.3 | 336.0 | 34.2 | 73.9 | (73.3) | 63.8 | 58.8 |
| Cash Flow | |||||||
| Operating Cash Flow | 169.0 | 132.2 | 102.1 | 20.6 | 36.1 | 66.5 | 16.1 |
| Capital Expenditure | (13.2) | (10.6) | (7.9) | (9.1) | (8.1) | (6.2) | (6.2) |
| Free Cash Flow | 155.7 | 121.6 | 94.1 | 11.5 | 27.9 | 60.3 | 9.9 |