Sapiens International Corporation N.V. logo SPNS - Sapiens International Corporation N.V.

Inactive Ticker SPNS is not actively trading. Quotes and analytics may be stale.
Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 4
HOLD 5
SELL 1
STRONG
SELL 0
| PRICE TARGET: $38.00 DETAILS
HIGH: $38.00
LOW: $38.00
MEDIAN: $38.00
CONSENSUS: $38.00
DOWNSIDE: 12.54%
Annual Quarterly
Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1993
Revenue
Revenue 542.4 514.6 474.7 461.0 382.9 325.7 289.7 269.2 216.2 185.6 157.4 135.4 113.9 69.9 52.2 45.7 43.5 42.4 44.3 39.4 47.8 52.3 64.8 63.4 72.7 91.8 71 44.6 39 39.9 64.1
Cost of Revenue 298.1 295.0 274.6 273.2 226.9 196.2 180.1 175.7 130.4 111.2 99.1 85.0 66.5 40.1 29.9 26.6 26.5 25.6 28.8 24.8 26.8 28.6 36.1 43.6 45.2 39.8 29.2 16.4 15.1 0 0
Gross Profit 244.2 219.6 200.2 187.8 156.0 129.5 109.6 93.5 85.8 74.4 58.4 50.4 47.5 29.9 22.3 19.1 17.1 16.8 15.5 14.6 21.0 23.7 28.7 19.9 27.6 52.0 41.8 28.2 23.9 39.9 64.1
Operating Expenses
R&D Expenses 72.4 69.2 64.5 54.0 47.9 37.4 34.4 32.0 16.5 10.2 11.4 11.8 10.2 5.0 3.3 2.7 3.9 3.5 2.5 2.7 2.5 3.7 6.0 4.5 9.1 5.0 4.1 3.3 2.4 0 0
SG&A Expenses 80.4 72.0 0 76.3 0 54.3 52.1 60.6 44.5 39.9 32.1 26.7 25.2 18.1 12.3 11.0 10.7 12.5 13.6 16.2 19.3 21.5 23.8 28.7 46.7 27.9 22.9 16.3 16.8 0 0
Other Expenses 0 (0.6) 69.2 0 63.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5.9 5.1 3.6 2.9 0 0
Operating Expenses 152.8 140.7 133.7 130.4 111.0 91.7 86.5 92.5 60.9 50.1 43.4 38.5 35.4 23.1 15.6 13.8 14.6 16.0 16.0 19.0 21.8 25.2 29.8 33.2 55.8 38.8 32.1 23.2 22.1 0 0
Operating Income
Operating Income 91.4 78.9 66.5 57.5 45.0 37.9 23.0 1.0 24.8 24.4 14.9 11.9 12.0 5.6 6.7 5.3 2.5 0.8 (1.3) (5.5) (1.7) (1.5) (1.6) (13.4) (39) 13.2 9.7 5.0 1.8 39.9 64.1
Interest Expense 0.4 0.3 1.6 3.8 5.6 3.0 3.2 1.7 0.3 0.2 0.1 0.5 0.3 0.2 0.1 0.9 0.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 5.5 2.9 0 0.9 0.4 0.4 0.2 0.5 0.8 0.7 0.4 0.2 0.2 0.2 0.1 0.1 0.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 104.2 94.9 82.9 84.1 63.4 57.3 42.9 16.9 34.9 34.0 23.6 19.8 19.8 13.7 13.1 11.1 7.3 6.0 5.8 1.2 4.1 2.4 3.8 (3.7) (20.9) 19.1 14.8 8.6 4.7 39.9 64.1
EBIT 90.2 79.2 66.5 63.1 46.6 38.1 23.0 1.5 24.8 24.4 14.9 11.9 12.6 5.9 6.5 5.3 1.9 0.8 (0.5) (4.4) (0.8) (1.5) (1.1) (13.4) (28.2) 13.2 9.7 5.0 1.8 39.9 64.1
Income Before Tax 89.8 77.1 65.5 57.3 41.2 35.1 19.1 (2.0) 25.4 24.5 15.0 12.4 12.2 5.7 6.3 4.5 0.3 2.1 3.5 (7.3) 4.6 2.2 3.7 (17.2) (40.0) 11.4 9.8 4.5 (7) 0 0
Income Tax Expense 17.5 14.3 12.6 10.0 7.0 8.6 5.1 (2.6) 5.8 4.2 0.5 0.8 0.4 (0.2) 0.2 0.3 0.6 0.3 0.3 1.8 0.2 (0.0) 1.4 0.7 (1.9) (1.7) 0.1 0 8.4 39.6 59.4
Net Income 72.2 62.4 52.6 47.2 33.8 26.2 13.8 0.4 19.3 20.0 14.5 11.6 11.8 5.9 6.2 4.2 (0.3) (2.5) (3.8) (9.1) (4.8) (2.2) (5.2) (18.0) (38.1) 13.1 9.7 4.5 (6.6) 0.3 4.7
Per Share Data
EPS (Basic) 1.29 1.13 0.95 0.86 0.66 0.52 0.28 0.01 0.40 0.42 0.31 0.29 0.29 0.21 0.28 0.19 -0.02 -0.14 -0.29 -0.76 -0.43 -0.20 -3.55 -18.73 -41.86 15.84 12.61 3.50 -15.50 0.61 0.38
EPS (Diluted) 1.29 1.12 0.95 0.85 0.65 0.52 0.28 0.01 0.39 0.41 0.30 0.27 0.28 0.19 0.28 0.19 -0.02 -0.14 -0.29 -0.76 -0.43 -0.20 -3.55 -3.25 -6.89 2.36 2.15 0.81 -0.71 0.03 0.38
Shares Outstanding 55.8 55.4 55.1 54.8 51.2 50.0 49.8 49.2 48.9 48.1 47.2 40.0 40.0 28.5 21.6 21.6 21.6 18.2 13.4 12.0 11.3 10.7 1.5 1.0 0.9 0.8 0.8 0.6 0.5 0.5 12.4
Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996
Current Assets
Cash & Cash Equivalents 163.7 126.7 160.3 190.2 152.6 66.3 64.6 71.5 60.9 54.4 11.2 7.9 10.9 31.8 22.0 16.1 17.0 8.7 20.2 10.3 6.9
Short-Term Investments 52.5 75.4 20 20 30 0 0 0 18.2 8.8 0 0 11.2 1.0 1.7 0.1 2.9 8.1 12.8 12.8 13.7
Net Receivables 99.6 90.3 93.4 76.3 65.4 50.2 59.2 53.2 34.7 35.2 5.5 6.9 11.7 11.4 12.7 19.6 35.1 31.9 20.5 16 13.2
Inventory 0 0 0 (13.8) 0 0 0 (6.3) 0 0 2.6 2.0 1.8 2.5 2.2 0 2.9 0 0 0 0
Other Current Assets 19.4 22.5 11.6 27.7 19.4 30.7 6.2 12.6 6.4 0 (1.2) (0.5) (0.4) (0.7) 0.0 5.1 (0.3) 7.1 0.1 1.3 (0.1)
Total Current Assets 335.1 314.9 285.3 300.3 267.4 147.2 130.0 131.0 120.2 98.3 19.3 17.4 36.1 47.6 39.9 41.7 59.3 55.9 53.6 40.4 33.7
Non-Current Assets
Property, Plant & Equipment 31.4 36.2 45.7 58.1 71.4 66.1 8.5 10.7 9.8 5.7 0.9 1.1 2.4 3.1 3.4 4.1 6.7 5.2 5.1 4.4 4.8
Goodwill 251.5 256.3 252.2 261.1 264.3 170.7 166.1 158.6 73.6 70.0 8.6 8.6 0 0 0 0 0 0 0 0 0
Intangible Assets 50.9 61.0 67.4 82.1 99.3 58.0 65.3 65.2 28.4 27.5 13.5 14.4 8.6 8.6 8.6 7.6 9.2 10.1 3.1 0.4 0.5
Long-Term Investments 0 4.0 1.9 0 0 0 1.7 1.9 17.2 30.9 (24.0) 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 9.6 6.1 6.3 10.1 10.0 7.6 4.3 1.3 6.4 7.0 26.0 1.6 17.8 17.4 13.2 15.5 17.2 14.0 11.5 12.4 11.2
Total Non-Current Assets 356.6 374.7 383.0 414.6 446.8 305.2 248.9 240.3 137.7 143.9 26.8 27.8 32.6 29.1 25.3 27.2 33.1 29.3 19.7 17.2 16.5
Total Assets 691.7 689.6 668.3 715.0 714.2 452.4 378.9 371.3 257.9 242.3 45.8 45.2 68.7 76.7 65.2 70.5 92.4 85.1 73.3 57.6 50.2
Current Liabilities
Account Payables 8.4 6.3 9.4 5.0 5.4 5.1 6.1 7.0 6.6 4.7 1.2 1.5 2.7 2.6 2.6 3.2 6.1 3.5 3.1 2.4 3.2
Short-Term Debt 19.8 19.8 28.9 19.8 19.8 9.9 9.9 0 0 0 0 5.7 18.9 9.6 9.5 16.5 17.0 3.7 14 7.9 8.2
Deferred Revenue 37.5 38.5 30.7 39.6 34.5 21.0 18.1 16.5 9.1 10.3 7.0 4.9 3.2 3.3 3.7 1.6 3.2 0 0 0 0
Other Current Liabilities 3.3 1.3 34.7 0 0 0 0 23.2 13.9 14.9 7.4 0 1.6 1.6 2.9 2.4 25.1 18.4 15.5 9.4 12.7
Total Current Liabilities 149.6 149.1 146.0 151.7 144.8 104.9 81.1 69.8 47.7 47.0 18.4 21.9 33.4 26.5 30.3 40.1 51.4 25.5 32.6 19.7 24.1
Non-Current Liabilities
Long-Term Debt 19.8 39.5 59.3 79.0 98.7 58.9 68.6 78.3 0 0 0.0 0.2 18.2 23.6 7.6 7.2 7.4 8.2 7.3 16.1 17
Deferred Tax Liabilities 6.9 10.8 11.4 15.4 16.0 5.1 11.7 9.2 2.2 0.9 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 18.1 19.1 20.4 12.1 12.1 14.7 15.0 15.1 13.5 12.6 1.0 1.3 5.0 12.5 11.2 10.7 14.7 0 0.3 1.7 1.9
Total Non-Current Liabilities 62.5 90.6 119.4 154.6 185.7 122.0 95.3 100.6 15.7 13.5 1.0 1.4 23.3 36.2 18.9 18.1 22.1 8.2 7.6 17.8 18.9
Total Liabilities 212.1 239.7 265.4 306.3 330.5 226.9 176.4 170.4 63.5 60.5 19.4 23.3 56.7 62.7 49.2 59.7 73.5 33.7 40.2 37.5 43
Stockholders' Equity
Common Stock 0.8 0.8 0.8 0.8 0.8 0.7 0.7 0.7 0.7 0.7 0.3 0.3 0.1 23.8 23.8 10.0 9.4 8.7 8 7.5 4.6
Retained Earnings 160.2 119.9 85.6 71.6 44.6 17.9 2.7 (12.9) (13.3) (32.6) (102.5) (106.7) (90.6) (85.5) (83.3) (78.1) (60.2) (22.0) (34.6) (43.9) (47.1)
Accumulated Other Comprehensive Income (26.9) (17.3) (21.1) 2.8 11.0 (2.4) (7.8) 0.5 (11.2) (11.7) (1.6) (1.7) (3.5) (4.1) (4.8) (6.1) 0.2 (2.5) (1.4) (1) (0.7)
Total Stockholders' Equity 479.6 447.3 400.5 406.5 381.7 223.8 202.5 200.9 194.4 181.8 26.3 21.7 12.1 13.9 15.9 10.7 18.9 51.4 33.1 20.1 7.2
Total Liabilities & Equity 691.7 689.6 668.3 715.0 714.2 452.4 378.9 371.3 257.9 242.3 45.8 45.2 68.7 76.7 65.2 70.5 92.4 85.1 73.3 57.6 50.2
Debt Metrics
Total Debt 63.7 87.0 116.6 148.4 177.2 120.5 78.5 78.3 14.8 13.1 0.0 5.9 37.1 33.3 17.2 25.3 24.4 11.8 21.3 24 25.2
Net Debt (99.9) (39.7) (43.7) (41.9) 24.6 54.2 13.8 6.8 (46.1) (41.3) (10.2) (2.0) 26.2 1.5 (4.8) 9.3 7.4 2.9 1.1 13.7 18.3
Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996
Operating Activities
Net Income 72.3 62.9 52.9 47.3 34.2 26.5 14 0.6 19.6 20.3 (9.1) (4.8) (2.2) (5.2) (18.0) (38.1) 13.1 9.7 4.5 (6.7)
Depreciation & Amortization 20.1 21.4 22.2 28.7 23.4 19.1 19.9 15.9 10.0 9.6 5.6 4.8 3.9 4.9 9.7 7.3 5.9 5.1 3.6 2.9
Stock-Based Compensation 3.0 3.6 3.8 4.7 4.0 1.4 1.9 2.3 2.0 1.3 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (13.2) (8.8) (35.3) (1.6) (3.8) 19.0 (8.1) (10.5) (5.0) 9.6 3.9 (3.7) (1.6) 4.8 5.3 12.4 (17.3) 3.3 (8.3) (3.9)
Other Non-Cash Items 0.1 0.3 0.1 1.5 0.5 0.2 0.2 0.7 (0.3) (0.2) (0.1) 0.7 0.1 0.0 0.3 (0.1) (0.2) (0.5) (0.2) 5.7
Operating Cash Flow 82.2 79.4 43.8 80.5 58.3 66.2 27.7 8.7 26.0 40.4 0.3 (3.0) 0.3 5.0 (2.6) (21.1) (0.0) 17.6 (0.4) (2)
Investing Activities
Capital Expenditure (10.0) (9.3) (9.1) (11.8) (11.2) (17.1) (7.1) (8.2) (10.2) (8.8) (4.7) (0.4) (0.8) (1.0) (0.5) (3.7) (2.2) (2.4) (1.6) (0.5)
Acquisitions (0.4) (8.1) (3.5) 0.8 (109.1) (1.6) (18.5) (103.1) (4.4) (2.9) 0.0 0.0 (0.5) (1.0) (0.1) (0.8) (3.4) 0 0.2 0.4
Purchases of Investments (138.5) (115.6) (55.2) 0 (30.4) (24.0) 0 5.6 (9.0) (7.7) (4.7) (13.6) (3) (1.6) (2.9) (6.8) (3.3) (4.6) (3.3) (5.4)
Sales/Maturities of Investments 162.1 60.1 55.2 10.0 22.9 18.1 0 35.4 13.9 1.5 10.3 3.4 3.5 0.1 5.6 12.1 8.1 4.3 4.8 5.5
Other Investing Activities (6.9) (6.6) (6.2) (7.0) (8.6) (17.2) 0 (5.6) 1.4 (0.9) (0.0) (4.8) (4.5) (0.2) (6.4) (4.5) (3.6) (4.6) (3) (3.2)
Investing Cash Flow 13.4 (72.8) (12.4) 0.1 (127.8) (41.9) (25.6) (75.9) (8.3) (18.9) 0.9 (15.5) (5.2) (3.7) (4.3) (3.7) (4.2) (7.3) (2.9) (3.2)
Financing Activities
Net Debt Issuance (19.8) (19.8) (19.8) (19.8) 50.4 (9.9) (0.2) 78.2 (0.8) 0 (6.9) (4.4) 15.6 (5.4) 0.8 13.2 (10.7) (1.8) (0.1) 3
Stock Repurchased 0 0 0 0 0 (0.8) 0 0 0 0 0 0 (0.0) 0 0 0 0 0 0 0
Dividends Paid (31.8) (28.1) (38.6) (20.3) (7.0) (11.0) (10.0) (9.9) (9.8) (7.2) 0 0 0 0 0 0 0 0 (0.8) (0.9)
Other Financing Activities (4.7) 4.6 0 0.1 4.4 0.3 0.8 1.8 (0.6) (7.0) 0 (0.0) (1.3) (0.3) (4.2) 4.7 0.1 (0.5) (1) (1.1)
Financing Cash Flow (56.3) (43.3) (58.4) (40.0) 156.5 (20.7) (9.4) 70.1 (11.2) (14.2) (4.9) (2.9) 14.2 4.3 6.4 33.4 (7.0) (0.1) 7.1 1.1
Cash Position
Net Change in Cash 37.0 (33.6) (30.0) 37.7 86.3 1.7 (6.8) 10.6 6.6 7.0 (4.2) (20.8) 9.8 5.9 (1.0) 8.3 (11.5) 9.9 3.4 (4.2)
Cash at Beginning 126.7 160.3 190.2 152.6 66.3 64.6 71.5 60.9 54.4 47.4 10.9 31.8 22.0 16.1 17.0 8.7 20.2 10.3 6.9 11.1
Cash at End 163.7 126.7 160.3 190.2 152.6 66.3 64.6 71.5 60.9 54.4 6.7 10.9 31.8 22.0 16.1 17.0 8.7 20.2 10.3 6.9
Free Cash Flow 72.2 70.2 34.7 68.7 47.0 49.0 20.6 0.6 15.8 31.6 (4.4) (3.4) (0.5) 3.9 (3.1) (24.8) (2.2) 15.2 (2) (2.5)
Key Metrics 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1993
Income Statement
Revenue 542.4 514.6 474.7 461.0 382.9 325.7 289.7 269.2 216.2 185.6 157.4 135.4 113.9 69.9 52.2 45.7 43.5 42.4 44.3 39.4 47.8 52.3 64.8 63.4 72.7 91.8 71 44.6 39 39.9 64.1
Gross Profit 244.2 219.6 200.2 187.8 156.0 129.5 109.6 93.5 85.8 74.4 58.4 50.4 47.5 29.9 22.3 19.1 17.1 16.8 15.5 14.6 21.0 23.7 28.7 19.9 27.6 52.0 41.8 28.2 23.9 39.9 64.1
Operating Income 91.4 78.9 66.5 57.5 45.0 37.9 23.0 1.0 24.8 24.4 14.9 11.9 12.0 5.6 6.7 5.3 2.5 0.8 (1.3) (5.5) (1.7) (1.5) (1.6) (13.4) (39) 13.2 9.7 5.0 1.8 39.9 64.1
Net Income 72.2 62.4 52.6 47.2 33.8 26.2 13.8 0.4 19.3 20.0 14.5 11.6 11.8 5.9 6.2 4.2 (0.3) (2.5) (3.8) (9.1) (4.8) (2.2) (5.2) (18.0) (38.1) 13.1 9.7 4.5 (6.6) 0.3 4.7
EPS (Diluted) 1.29 1.12 0.95 0.85 0.65 0.52 0.28 0.01 0.39 0.41 0.30 0.27 0.28 0.19 0.28 0.19 -0.02 -0.14 -0.29 -0.76 -0.43 -0.20 -3.55 -3.25 -6.89 2.36 2.15 0.81 -0.71 0.03 0.38
Balance Sheet
Cash & Equivalents 163.7 126.7 160.3 190.2 152.6 66.3 64.6 71.5 60.9 54.4 11.2 7.9 10.9 31.8 22.0 16.1 17.0 8.7 20.2 10.3 6.9
Total Assets 691.7 689.6 668.3 715.0 714.2 452.4 378.9 371.3 257.9 242.3 45.8 45.2 68.7 76.7 65.2 70.5 92.4 85.1 73.3 57.6 50.2
Total Debt 63.7 87.0 116.6 148.4 177.2 120.5 78.5 78.3 14.8 13.1 0.0 5.9 37.1 33.3 17.2 25.3 24.4 11.8 21.3 24 25.2
Stockholders' Equity 479.6 447.3 400.5 406.5 381.7 223.8 202.5 200.9 194.4 181.8 26.3 21.7 12.1 13.9 15.9 10.7 18.9 51.4 33.1 20.1 7.2
Cash Flow
Operating Cash Flow 82.2 79.4 43.8 80.5 58.3 66.2 27.7 8.7 26.0 40.4 0.3 (3.0) 0.3 5.0 (2.6) (21.1) (0.0) 17.6 (0.4) (2)
Capital Expenditure (10.0) (9.3) (9.1) (11.8) (11.2) (17.1) (7.1) (8.2) (10.2) (8.8) (4.7) (0.4) (0.8) (1.0) (0.5) (3.7) (2.2) (2.4) (1.6) (0.5)
Free Cash Flow 72.2 70.2 34.7 68.7 47.0 49.0 20.6 0.6 15.8 31.6 (4.4) (3.4) (0.5) 3.9 (3.1) (24.8) (2.2) 15.2 (2) (2.5)