Perion Network Ltd.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $274.0M | $312.8M | $221.0M | $388.7M | $325.5M | $60.2M | $35.5M | $29.5M |
| Cost of Revenue | $24.7M | $25.9M | $7.9M | $11.0M | $6.1M | $5.2M | $2.8M | $1.6M |
| Gross Profit | $249.3M | $286.9M | $213.1M | $377.8M | $75.7M | $55.0M | $32.6M | $27.9M |
| Gross Margin | 91.0% | 91.7% | 96.4% | 97.2% | 23.3% | 91.3% | 92.0% | 94.6% |
| Operating Expenses | ||||||||
| Research & Development | $17.2M | $25.2M | $21.7M | $37.4M | $22.4M | $10.7M | $7.5M | $6.6M |
| SG&A Expense | $21.9M | $28.8M | $31.1M | $36.7M | $19.1M | $8.6M | $7.6M | $4.7M |
| Operating Income | $-75.7M | $11.3M | $-39.0M | $63.0M | $82.2M | $6.2M | $4.5M | $11.3M |
| Operating Margin | -27.6% | 3.6% | -17.7% | 16.2% | 25.3% | 10.3% | 12.8% | 38.3% |
| Interest Expense | $4.8M | $5.3M | $2.3M | $733.0K | $363.0K | $373.0K | — | — |
| Pretax Income | $-81.6M | $3.1M | $-41.0M | $60.1M | $85.0M | $6.0M | $5.8M | $11.6M |
| Income Tax Expense | $-8.8M | $212.0K | $697.0K | $10.8M | $22.6M | $2.5M | $172.0K | $3.2M |
| Net Income | $-72.8M | $201.0K | $-68.7M | $42.8M | $28.6M | $3.5M | $5.7M | $8.4M |
| Net Margin | -26.6% | 0.1% | -31.1% | 11.0% | 8.8% | 5.9% | 16.0% | 28.4% |
| EPS (Basic) | $-2.81 | $0.01 | $-0.96 | $0.63 | $0.53 | $0.07 | $0.12 | $0.17 |
| EPS (Diluted) | $-2.81 | $0.01 | $-0.96 | $0.58 | $0.52 | $0.07 | $0.11 | $0.17 |
| Shares Outstanding (Basic) | 25.8M | 25.5M | 71.3M | 68.2M | — | — | — | — |
| Shares Outstanding (Diluted) | 25.8M | 25.6M | 71.3M | 70.3M | 54.8M | 51.8M | 50.0M | 49.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |