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Kaltura, Inc. (KLTR) 10-Year Financial Performance & Capital Metrics

KLTR • • Industrial / General
TechnologyInfrastructure SoftwareCloud Infrastructure & Data ManagementCloud Storage & Content Management
AboutKaltura, Inc. provides various Software-as-a-Service products and solutions and a Platform-as-a-Service. The company offers video products, such as webinars, virtual events, video sites, and virtual classrooms for video-based communication, collaboration, training, and customer experience; and video industry solutions, such as learning management system video and lecture capture solutions for educational institutions. It also provides a TV solution that allows to provide OTT advertising and subscription-based live and on-demand TV services for media companies and telecom operators. In addition, the company offers media services, such as APIs, SDKs, and experience components, including live, real-time, and on-demand video creation, ingestion, transcoding, management, search, security, distribution, publishing, engagement, monetization, monitoring, multi-tenancy, and analytics, as well as video and TV content management systems. It serves a range of industries, including financial services, high technology, healthcare, education, public sector, media, and telecommunications. The company was incorporated in 2006 and is headquartered in New York, New York.Show more
  • Revenue $179M +2.0%
  • EBITDA -$19M +43.9%
  • Net Income -$31M +32.5%
  • EPS (Diluted) -0.21 +38.2%
  • Gross Margin 66.64% +4.0%
  • EBITDA Margin -10.65% +45.0%
  • Operating Margin -13.48% +38.9%
  • Net Margin -17.52% +33.8%
  • ROE -114.48% +9.1%
  • ROIC -39.15% +28.4%
  • Debt/Equity 2.15 +19.1%
  • Interest Coverage -7.78 +25.4%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong Piotroski F-Score: 7/9
  • ✓Strong 5Y sales CAGR of 12.9%

✗Weaknesses

  • ✗High debt to equity ratio of 2.2x
  • ✗Weak momentum: RS Rating 19 (bottom 19%)
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y12.92%
3Y2.69%
TTM1.88%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM65.07%

EPS CAGR

10Y-
5Y-
3Y-
TTM74.65%

ROCE

10Y Avg-115.36%
5Y Avg-115.36%
3Y Avg-40.94%
Latest-29.48%

Peer Comparison

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BLZEBackblaze, Inc.284.93M4.94-4.4525.1%-24.37%-41.74%3.79%0.60
KLTRKaltura, Inc.215.67M1.52-7.242.02%-7.1%-72.43%5.43%2.15

Profit & Loss

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+97.35M120.44M165.02M168.81M175.17M178.72M
Revenue Growth %-0.24%0.37%0.02%0.04%0.02%
Cost of Goods Sold+35.62M47.66M62.31M61.87M62.94M59.61M
COGS % of Revenue0.37%0.4%0.38%0.37%0.36%0.33%
Gross Profit+61.73M72.78M102.7M106.94M112.23M119.11M
Gross Margin %0.63%0.6%0.62%0.63%0.64%0.67%
Gross Profit Growth %-0.18%0.41%0.04%0.05%0.06%
Operating Expenses+64.51M81.26M135.38M163.32M150.89M143.21M
OpEx % of Revenue0.66%0.67%0.82%0.97%0.86%0.8%
Selling, General & Admin40.29M51.7M85.28M104.69M97.52M93.78M
SG&A % of Revenue0.41%0.43%0.52%0.62%0.56%0.52%
Research & Development24.22M29.57M48.38M57.39M52.4M49.43M
R&D % of Revenue0.25%0.25%0.29%0.34%0.3%0.28%
Other Operating Expenses001.72M1.24M973K0
Operating Income+-2.78M-8.49M-32.67M-56.38M-38.66M-24.1M
Operating Margin %-0.03%-0.07%-0.2%-0.33%-0.22%-0.13%
Operating Income Growth %--2.05%-2.85%-0.73%0.31%0.38%
EBITDA+1.71M-812K-30.26M-53.67M-33.94M-19.04M
EBITDA Margin %0.02%-0.01%-0.18%-0.32%-0.19%-0.11%
EBITDA Growth %--1.47%-36.27%-0.77%0.37%0.44%
D&A (Non-Cash Add-back)4.49M7.68M2.41M2.71M4.72M5.06M
EBIT-9.67M-4.4M-48.85M-58.33M-34.28M-20.98M
Net Interest Income+-4.6M-4.55M-20.11M-2.29M231K259K
Interest Income133K18K0962K3.94M3.35M
Interest Expense4.73M4.57M20.11M3.25M3.7M3.1M
Other Income/Expense-11.19M-46.72M-20.11M-4.25M1.2M434K
Pretax Income+-13.97M-55.21M-52.78M-60.63M-37.45M-23.66M
Pretax Margin %-0.14%-0.46%-0.32%-0.36%-0.21%-0.13%
Income Tax+1.6M3.55M6.57M7.87M8.91M7.65M
Effective Tax Rate %1.11%1.06%1.12%1.13%1.24%1.32%
Net Income+-15.57M-58.76M-59.35M-68.5M-46.37M-31.32M
Net Margin %-0.16%-0.49%-0.36%-0.41%-0.26%-0.18%
Net Income Growth %--2.77%-0.01%-0.15%0.32%0.32%
Net Income (Continuing)-15.57M-58.76M-59.35M-68.5M-46.37M-31.32M
Discontinued Operations000000
Minority Interest000000
EPS (Diluted)+-0.12-0.47-0.95-0.53-0.34-0.21
EPS Growth %--2.92%-1.02%0.44%0.36%0.38%
EPS (Basic)-0.12-0.47-0.95-0.53-0.34-0.21
Diluted Shares Outstanding126.34M126.34M71.07M130.37M138.24M147.93M
Basic Shares Outstanding126.34M126.34M71.07M130.37M138.24M147.93M
Dividend Payout Ratio------

Balance Sheet

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+42.64M53.46M175.65M133.03M111.73M121.56M
Cash & Short-Term Investments26.54M27.71M143.95M85.97M69.38M81.33M
Cash Only26.54M27.71M143.95M44.63M36.68M33.06M
Short-Term Investments00041.34M32.69M48.27M
Accounts Receivable10.83M17.13M17.51M28.79M23.31M19.98M
Days Sales Outstanding40.651.9338.7362.2448.5740.8
Inventory5.01M8.23M9.08M000
Days Inventory Outstanding51.3162.9953.18---
Other Current Assets-1.24M-1.99M1.25M14.91M16.39M16.16M
Total Non-Current Assets+30.18M37.49M47.65M73.14M72M59.75M
Property, Plant & Equipment7.81M4.15M9.5M35.96M33.98M28.5M
Fixed Asset Turnover12.47x29.04x17.36x4.69x5.15x6.27x
Goodwill9.38M11.07M11.07M11.07M11.07M11.07M
Intangible Assets1.11M2.83M1.91M1.24M689K212K
Long-Term Investments606K0422K1.21M5.84M3.38M
Other Non-Current Assets11.88M20.08M25.16M24.87M20.41M16.59M
Total Assets+72.82M90.95M223.29M206.17M183.74M181.31M
Asset Turnover1.34x1.32x0.74x0.82x0.95x0.99x
Asset Growth %-0.25%1.46%-0.08%-0.11%-0.01%
Total Current Liabilities+76.58M82.99M98.09M108.84M99.91M101.66M
Accounts Payable2.66M5.04M6.48M9.44M3.63M3.27M
Days Payables Outstanding27.2838.6337.9655.6721.0519.99
Short-Term Debt19.52M1M2.79M5.79M1.61M5.61M
Deferred Revenue (Current)1000K1000K1000K1000K1000K1000K
Other Current Liabilities2.81M1.58M1.73M8.56M5.52M21.52M
Current Ratio0.56x0.64x1.79x1.22x1.12x1.20x
Quick Ratio0.49x0.55x1.70x1.22x1.12x1.20x
Cash Conversion Cycle64.6376.2853.95---
Total Non-Current Liabilities+49.04M108.5M39.93M53.99M53.51M55.26M
Long-Term Debt28.18M47.16M35.8M30M33.05M29.15M
Capital Lease Obligations1.76M142K020.7M17.8M15.26M
Deferred Tax Liabilities17.11M0000463K
Other Non-Current Liabilities1.77M59.34M2.19M2.02M2.29M10.31M
Total Liabilities125.63M191.5M138.02M162.82M153.42M156.92M
Total Debt+51.8M50.04M38.74M58.85M54.83M52.53M
Net Debt25.26M22.33M-105.21M14.22M18.14M19.48M
Debt / Equity--0.45x1.36x1.81x2.15x
Debt / EBITDA30.28x-----
Net Debt / EBITDA14.77x-----
Interest Coverage-0.59x-1.86x-1.63x-17.34x-10.44x-7.78x
Total Equity+-52.81M-100.54M85.27M43.35M30.32M24.39M
Equity Growth %--0.9%1.85%-0.49%-0.3%-0.2%
Book Value per Share-0.42-0.801.200.330.220.16
Total Shareholders' Equity-52.81M-100.54M85.27M43.35M30.32M24.39M
Common Stock2K2K13K13K14K15K
Retained Earnings-204.52M-263.28M-322.63M-391.13M-437.5M-468.81M
Treasury Stock-4.88M-4.88M-4.88M-4.88M-4.88M-7.8M
Accumulated OCI-882K-882K0-301K1.05M959K
Minority Interest000000

Cash Flow

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+370K5.8M-22.11M-46.83M-8.3M12.23M
Operating CF Margin %0%0.05%-0.13%-0.28%-0.05%0.07%
Operating CF Growth %-14.69%-4.81%-1.12%0.82%2.47%
Net Income-15.57M-58.76M-59.35M-68.5M-46.37M-31.32M
Depreciation & Amortization4.49M7.68M2.41M2.71M4.72M5.06M
Stock-Based Compensation2.32M5.11M17.07M23.64M29.98M26.26M
Deferred Taxes000000
Other Non-Cash Items9M46M23.58M12.33M9.92M10.14M
Working Capital Changes133K5.78M-5.81M-17.01M-6.55M2.08M
Change in Receivables6.16M-6.27M-1.06M-11.28M5.47M3.33M
Change in Inventory000000
Change in Payables2M2.06M3.89M3.13M-5.88M-534K
Cash from Investing+-2.73M-2.75M-5.24M-49.76M-1.58M-12.41M
Capital Expenditures-2.24M-1.12M-1.88M-1.22M-2.61M-521K
CapEx % of Revenue0.02%0.01%0.01%0.01%0.01%0%
Acquisitions------
Investments------
Other Investing-493K-2.01M-3.37M-7.36M-3.24M0
Cash from Financing+300K-1.85M143.37M-529K109K-3.53M
Debt Issued (Net)------
Equity Issued (Net)------
Dividends Paid000000
Share Repurchases------
Other Financing147K174K-3.85M2.61M1.11M1.6M
Net Change in Cash------
Free Cash Flow+-2.36M2.67M-28.11M-52.8M-12.4M11.71M
FCF Margin %-0.02%0.02%-0.17%-0.31%-0.07%0.07%
FCF Growth %-2.13%-11.51%-0.88%0.77%1.94%
FCF per Share-0.020.02-0.40-0.41-0.090.08
FCF Conversion (FCF/Net Income)-0.02x-0.10x0.37x0.68x0.18x-0.39x
Interest Paid4.3M3.95M1.94M2.3M2.95M2.69M
Taxes Paid1.07M1.21M2.64M8.87M4.29M3.77M

Key Ratios

Metric201920202021202220232024
Return on Equity (ROE)---69.6%-106.51%-125.88%-114.48%
Return on Invested Capital (ROIC)----224.73%-54.68%-39.15%
Gross Margin63.41%60.42%62.24%63.35%64.07%66.64%
Net Margin-16%-48.79%-35.97%-40.58%-26.47%-17.52%
Debt / Equity--0.45x1.36x1.81x2.15x
Interest Coverage-0.59x-1.86x-1.63x-17.34x-10.44x-7.78x
FCF Conversion-0.02x-0.10x0.37x0.68x0.18x-0.39x
Revenue Growth-23.72%37.01%2.3%3.77%2.02%

Revenue by Segment

2021202220232024
Subscription39.87M-162.75M167.68M
Subscription Growth---3.03%
Professional Services22.45M-12.42M11.04M
Professional Services Growth----11.16%
Enterprise, Education And Technology-113.55M--
Enterprise, Education And Technology Growth----
Media And Telecom-38.93M--
Media And Telecom Growth----

Revenue by Geography

2021202220232024
UNITED STATES96.46M91.92M91.32M94.86M
UNITED STATES Growth--4.71%-0.66%3.87%
EMEA51.08M58.03M65.83M68.4M
EMEA Growth-13.60%13.45%3.90%
Other Countries17.48M18.86M18.02M15.47M
Other Countries Growth-7.94%-4.45%-14.18%

Frequently Asked Questions

Growth & Financials

Kaltura, Inc. (KLTR) reported $180.9M in revenue for fiscal year 2024. This represents a 86% increase from $97.3M in 2019.

Kaltura, Inc. (KLTR) grew revenue by 2.0% over the past year. Growth has been modest.

Kaltura, Inc. (KLTR) reported a net loss of $12.8M for fiscal year 2024.

Dividend & Returns

Kaltura, Inc. (KLTR) has a return on equity (ROE) of -114.5%. Negative ROE indicates the company is unprofitable.

Kaltura, Inc. (KLTR) generated $14.6M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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