SMWB - Similarweb Ltd.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$5.38
DETAILS
HIGH:
$7.50
LOW:
$4.00
MEDIAN:
$5.00
CONSENSUS:
$5.38
UPSIDE:
30.27%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||
| Revenue | 282.6 | 249.9 | 218.0 | 193.2 | 137.7 | 93.5 | 70.6 | 51.5 |
| Cost of Revenue | 57.8 | 54.8 | 47.1 | 53.3 | 31.8 | 21.4 | 20.5 | 23.6 |
| Gross Profit | 224.8 | 195.1 | 170.9 | 140.0 | 105.9 | 72.1 | 50.1 | 28.0 |
| Operating Expenses | ||||||||
| R&D Expenses | 72.6 | 55.6 | 56.2 | 59.9 | 45.2 | 22.1 | 16.2 | 16.4 |
| SG&A Expenses | 175.8 | 149.2 | 143.6 | 167.9 | 127.4 | 69.7 | 50.0 | 44.1 |
| Other Expenses | 0 | 0 | 0 | 0.3 | (0.7) | 0 | 0 | 0 |
| Operating Expenses | 248.4 | 204.8 | 199.7 | 227.8 | 172.0 | 91.7 | 66.2 | 60.5 |
| Operating Income | ||||||||
| Operating Income | (23.6) | (9.7) | (28.8) | (87.9) | (66.1) | (19.7) | (16.1) | (32.6) |
| Interest Expense | 0 | 0 | 0 | 0 | 1.9 | 1.7 | 1.1 | 0.8 |
| Interest Income | 0 | 0.1 | 0.8 | 4.7 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||
| EBITDA | (19.8) | 0.9 | (18.5) | (77.3) | (63.6) | (17.7) | (14.3) | (32.6) |
| EBIT | (28.8) | (9.7) | (28.8) | (87.9) | (65.9) | (19.7) | (16.1) | (32.6) |
| Income Before Tax | (28.8) | (9.5) | (27.9) | (83.1) | (68.0) | (21.4) | (17.2) | (33.3) |
| Income Tax Expense | 4.2 | 1.9 | 1.5 | 0.5 | 1.0 | 0.6 | 0.5 | 0.4 |
| Net Income | (32.9) | (11.5) | (29.4) | (83.7) | (69.0) | (22.0) | (17.7) | (33.7) |
| Per Share Data | ||||||||
| EPS (Basic) | -0.39 | -0.14 | -0.38 | -1.10 | -0.92 | -0.33 | -1.32 | -2.18 |
| EPS (Diluted) | -0.39 | -0.14 | -0.38 | -1.10 | -1.30 | -0.33 | -1.32 | -2.18 |
| Shares Outstanding | 84.5 | 82.1 | 77.8 | 75.7 | 74.9 | 66.1 | 13.4 | 15.5 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Current Assets | |||||||
| Cash & Cash Equivalents | 72.4 | 63.9 | 71.7 | 77.8 | 128.9 | 23.9 | 7.0 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 30 | 0.4 |
| Net Receivables | 54.1 | 51.7 | 49.3 | 39.2 | 32.0 | 25.7 | 19.2 |
| Inventory | 0 | 0.2 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 17.9 | 22.6 | 22.6 | 21.7 | 23.9 | 7.4 | 5.4 |
| Total Current Assets | 150.3 | 141.4 | 146.4 | 142.2 | 187.7 | 88.2 | 33 |
| Non-Current Assets | |||||||
| Property, Plant & Equipment | 56.5 | 60.3 | 64.6 | 72.6 | 6.4 | 6.1 | 6.9 |
| Goodwill | 0 | 25.3 | 12.9 | 12.9 | 11.3 | 2.9 | 2.9 |
| Intangible Assets | 45.6 | 5.6 | 4.8 | 9.6 | 11.6 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 8.8 | 10.4 | 10.3 | 8.8 | 10.0 | 6.4 | 3.2 |
| Total Non-Current Assets | 110.8 | 101.6 | 92.6 | 103.9 | 39.3 | 15.4 | 13.0 |
| Total Assets | 261.1 | 242.9 | 239.0 | 246.0 | 227.0 | 103.6 | 46.0 |
| Current Liabilities | |||||||
| Account Payables | 13.9 | 12.4 | 8.4 | 7.1 | 11.3 | 4.3 | 3.1 |
| Short-Term Debt | 0 | 0 | 25 | 25 | 0 | 26.9 | 16.9 |
| Deferred Revenue | 0 | 108.2 | 100.0 | 93.2 | 76.7 | 53.1 | 40.8 |
| Other Current Liabilities | 153.5 | 0.0 | 23.3 | 0.3 | 22.2 | 13.7 | 8.5 |
| Total Current Liabilities | 196.6 | 177.2 | 184.2 | 180.9 | 134.1 | 109.1 | 75.5 |
| 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 | 6.8 | 4.2 | 3.1 | 2.1 | 5.9 | 3.0 | 3.5 |
| Total Non-Current Liabilities | 41.3 | 38.2 | 39.3 | 43.2 | 7.9 | 3.8 | 3.7 |
| Total Liabilities | 237.8 | 215.4 | 223.5 | 224.1 | 142.1 | 112.9 | 79.2 |
| Stockholders' Equity | |||||||
| Common Stock | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.0 | 0.0 |
| Retained Earnings | (397.5) | (364.6) | (353.1) | (323.7) | (240.1) | (171.1) | (148.3) |
| Accumulated Other Comprehensive Income | 1 | 0.4 | 0.9 | (0.4) | 0.2 | 0.1 | 0.1 |
| Total Stockholders' Equity | 23.3 | 27.5 | 15.5 | 22.0 | 84.9 | (9.2) | (33.2) |
| Total Liabilities & Equity | 261.1 | 242.9 | 239.0 | 246.0 | 227.0 | 103.6 | 46.0 |
| Debt Metrics | |||||||
| Total Debt | 43.3 | 39.7 | 67.4 | 74.2 | 0 | 26.9 | 16.9 |
| Net Debt | (29.1) | (24.1) | (4.3) | (3.6) | (128.9) | 2.9 | 9.8 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | (32.9) | (11.5) | (29.4) | (83.7) | (69.0) | (22.0) | (17.7) |
| Depreciation & Amortization | 9.0 | 10.5 | 10.3 | 10.6 | 3.2 | 2.0 | 1.8 |
| Stock-Based Compensation | 0 | 17.6 | 18.1 | 17.0 | 11.2 | 4.8 | 2.0 |
| Change in Working Capital | 13.5 | 12.9 | (3.6) | 9.1 | 27.0 | 11.4 | 4.7 |
| Other Non-Cash Items | 25.1 | 0.6 | 1.6 | 0.9 | (0.0) | 0.1 | (0.4) |
| Operating Cash Flow | 14.6 | 30.2 | (3.0) | (46.1) | (27.6) | (3.8) | (9.7) |
| Investing Activities | |||||||
| Capital Expenditure | (1.5) | (2.7) | (2.4) | (31.2) | (3.1) | (1.1) | (1.8) |
| Acquisitions | (15.8) | (15.4) | 0 | (3.5) | (9.5) | 0 | 0 |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 30 | 0 | 0 |
| Other Investing Activities | 4.0 | (1.9) | (1.0) | (1.3) | (10.8) | (30.0) | 0.8 |
| Investing Cash Flow | (13.2) | (18.7) | (2.6) | (33.0) | 7.4 | (30.8) | 0.5 |
| Financing Activities | |||||||
| Net Debt Issuance | 0 | (25) | 0 | 25 | (26.9) | 10 | 9.8 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 6.9 | 6.2 | 1.2 | 4.1 | 1.2 | 1.4 | 0.6 |
| Financing Cash Flow | 6.9 | (18.8) | 1.2 | 29.1 | 125.2 | 51.2 | 10.4 |
| Cash Position | |||||||
| Net Change in Cash | 8.6 | (7.9) | (6.1) | (51.1) | 104.9 | 16.9 | 1.2 |
| Cash at Beginning | 63.9 | 71.7 | 77.8 | 128.9 | 23.9 | 7.0 | 5.8 |
| Cash at End | 72.4 | 63.9 | 71.7 | 77.8 | 128.9 | 23.9 | 7.0 |
| Free Cash Flow | 13.2 | 27.4 | (5.4) | (77.2) | (30.7) | (4.9) | (11.5) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 282.6 | 249.9 | 218.0 | 193.2 | 137.7 | 93.5 | 70.6 | 51.5 |
| Gross Profit | 224.8 | 195.1 | 170.9 | 140.0 | 105.9 | 72.1 | 50.1 | 28.0 |
| Operating Income | (23.6) | (9.7) | (28.8) | (87.9) | (66.1) | (19.7) | (16.1) | (32.6) |
| Net Income | (32.9) | (11.5) | (29.4) | (83.7) | (69.0) | (22.0) | (17.7) | (33.7) |
| EPS (Diluted) | -0.39 | -0.14 | -0.38 | -1.10 | -1.30 | -0.33 | -1.32 | -2.18 |
| Balance Sheet | ||||||||
| Cash & Equivalents | 72.4 | 63.9 | 71.7 | 77.8 | 128.9 | 23.9 | 7.0 | |
| Total Assets | 261.1 | 242.9 | 239.0 | 246.0 | 227.0 | 103.6 | 46.0 | |
| Total Debt | 43.3 | 39.7 | 67.4 | 74.2 | 0 | 26.9 | 16.9 | |
| Stockholders' Equity | 23.3 | 27.5 | 15.5 | 22.0 | 84.9 | (9.2) | (33.2) | |
| Cash Flow | ||||||||
| Operating Cash Flow | 14.6 | 30.2 | (3.0) | (46.1) | (27.6) | (3.8) | (9.7) | |
| Capital Expenditure | (1.5) | (2.7) | (2.4) | (31.2) | (3.1) | (1.1) | (1.8) | |
| Free Cash Flow | 13.2 | 27.4 | (5.4) | (77.2) | (30.7) | (4.9) | (11.5) | |