Taboola.com Ltd. TBLA
We empower businesses to grow through performance advertising technology that goes beyond search and social and delivers measurable outcomes at scale.
Taboola is a technology company that helps businesses grow by placing ads on publisher sites, mobile apps, and devices, which we collectively refer to as digital properties. We operate outside of the major search and social media walled gardens such as Meta, Google, and Amazon. Thousands of Advertisers trust us to drive growth, while approximately 14,000 digital property partners, including NBCNews, Disney, Yahoo, and Apple, rely on us for monetization and audience growth. Our scale is meaningful - we reach over 600 million people a day, gaining real-time insight into what people read and buy. This gives us unique "pulse of the internet" data - which alongside our artificial intelligence (AI) - is our competitive advantage and helps our advertiser clients achieve exceptional returns on their advertising spend.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.91B | $1.77B | $1.44B | $1.40B | $1.38B | $1.19B | $1.09B | — |
| Cost of revenue | $1.34B | $1.23B | $1.01B | $936.9M | $937.4M | $869.4M | $861.9M | — |
| Gross profit | $569.5M | $534.2M | $425.6M | $464.3M | $441.1M | $319.5M | $232.0M | — |
| R&D | $148.0M | $142.4M | $136.3M | $129.3M | $117.9M | $99.4M | $84.7M | — |
| SG&A | $102.2M | $97.3M | $106.7M | $101.8M | $130.3M | $60.1M | $36.5M | — |
| Total operating expenses | $525.5M | $508.3M | $489.3M | $477.9M | $454.3M | $293.3M | $251.6M | — |
| Operating income | $44.1M | $25.9M | -$63.7M | -$13.7M | -$13.3M | $26.2M | -$19.6M | — |
| Interest expense | — | — | $12.8M | $9.2M | $11.3M | $2.8M | $3.4M | — |
| Pre-tax income | $32.8M | $13.9M | -$76.5M | -$4.5M | -$2.0M | $23.4M | -$23.0M | — |
| Income tax | — | $17.7M | $5.5M | $7.5M | $23.0M | $14.9M | $5.0M | — |
| Net income | $42.3M | -$3.8M | -$82.0M | -$12.0M | -$24.9M | $8.5M | -$28.0M | — |
| EPS, basic | 0.14 | -0.01 | -0.24 | -0.05 | -0.26 | -0.36 | -1.11 | — |
| EPS, diluted | 0.13 | -0.01 | -0.24 | -0.05 | -0.26 | -0.36 | -1.11 | — |
| Shares, diluted (wtd. avg.) | — | — | — | $254.3M | $142.9M | $40.3M | $44.3M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $120.9M | $226.6M | $176.1M | $165.9M | $319.3M | $242.8M | $86.9M | $114.9M |
| Short-term investments | $0 | $3.8M | $5.7M | $96.9M | $0 | — | — | — |
| Receivables | $360.2M | $370.1M | $306.3M | $256.7M | $245.2M | $158.1M | — | — |
| Total current assets | $558.0M | $656.0M | $559.4M | $593.9M | $628.9M | $426.1M | — | — |
| Property, plant and equipment | $95.3M | $69.4M | $72.2M | $73.0M | $63.3M | $52.9M | — | — |
| Goodwill | $555.9M | $555.9M | $555.9M | $555.9M | $550.4M | $19.2M | $19.2M | — |
| Other intangibles | $13.9M | $65.1M | $125.3M | $189.2M | $250.9M | $3.9M | — | — |
| Total assets | $1.61B | $1.72B | $1.71B | $1.53B | $1.60B | $580.2M | — | — |
| Total current liabilities | $521.0M | $485.6M | $424.0M | $368.2M | $400.6M | $300.2M | — | — |
| Retained earnings | -$111.9M | -$154.2M | -$150.5M | -$68.4M | -$56.4M | -$31.5M | — | — |
| Total equity | $907.2M | $1.05B | $1.06B | $834.5M | $767.6M | $46.6M | $7.3M | $26.1M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $208.4M | $184.3M | $84.4M | $53.5M | $63.5M | $139.1M | $18.1M | — |
| Depreciation and amortisation | $29.2M | $37.3M | $32.6M | $27.7M | $30.1M | $31.4M | $35.9M | — |
| Stock-based compensation | $63.9M | $67.1M | $64.3M | $74.9M | $128.0M | $28.3M | $8.2M | — |
| Capital expenditure | $44.9M | $35.2M | $32.1M | $34.9M | $39.1M | $17.8M | $44.3M | — |
| Investing cash flow | -$40.9M | -$30.1M | $59.6M | -$139.6M | -$620.5M | $10.9M | -$47.5M | — |
| Financing cash flow | -$277.3M | -$100.0M | -$134.6M | -$62.9M | $631.1M | $2.6M | $991.0K | — |
| Buybacks | $255.4M | $73.6M | $55.5M | $0 | $0 | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001140361-26-018296.
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