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Taboola.com Ltd. (TBLA) 10-Year Financial Performance & Capital Metrics

TBLA • • Industrial / General
Communication ServicesInternet ServicesDigital Advertising & Marketing TechnologyAdvertising Technology Platforms
AboutTaboola.com Ltd., together with its subsidiaries, operates an artificial intelligence-based algorithmic engine platform in Israel, the United Kingdom, the United States, Germany, France, and internationally. It offers Taboola, a platform that partners with websites, devices, and mobile apps to recommend editorial content and advertisements on the open web to users. Taboola.com Ltd. was incorporated in 2006 and is headquartered in New York, New York.Show more
  • Revenue $665M -53.8%
  • EBITDA $127M +287.0%
  • Net Income -$4M +95.4%
  • EPS (Diluted) -0.01 +95.5%
  • Gross Margin 80.37% +171.9%
  • EBITDA Margin 19.08% +738.3%
  • Operating Margin 3.9% +188.1%
  • Net Margin -0.57% +90.1%
  • ROE -0.36% +95.9%
  • ROIC 1.85% +139.9%
  • Debt/Equity 0.17 -15.4%
  • Interest Coverage 2.84 +157.1%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong Piotroski F-Score: 7/9
  • ✓FCF machine: 22.4% free cash flow margin
  • ✓Trading at only 1.4x book value

✗Weaknesses

  • ✗Sales declining 9.5% over 5 years

* 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-
5Y-9.48%
3Y-21.58%
TTM10.96%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM289.2%

EPS CAGR

10Y-
5Y-
3Y-
TTM296.13%

ROCE

10Y Avg-0.69%
5Y Avg0.78%
3Y Avg-1.44%
Latest2.06%

Peer Comparison

Advertising Technology Platforms
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Sector-Specific
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PERIPerion Network Ltd.392.21M9.5938.36-32.95%-2.53%-1.6%0.02%0.03
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TTGTTechTarget, Inc.378.83M5.25-1.3013.01%-320.54%-176.32%0.28
ONFOOnfolio Holdings, Inc.3.76M0.73-1.7950.04%-17.18%-51.71%0.60
THRYThryv Holdings, Inc.233.57M5.36-2.68-10.12%3.78%13.34%24.08%1.50
IZEAIZEA Worldwide, Inc.71.59M4.18-3.80-0.92%-9.44%-6.84%0.00
TBLATaboola.com Ltd.1.08B4.20-385.32-53.83%1.34%2.77%13.76%0.17

Profit & Loss

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+1.09B1.19B1.38B1.4B1.44B664.66M
Revenue Growth %-0.09%0.16%0.02%0.03%-0.54%
Cost of Goods Sold+861.86M869.4M937.39M936.9M1.01B130.45M
COGS % of Revenue0.79%0.73%0.68%0.67%0.7%0.2%
Gross Profit+231.97M319.5M441.07M464.25M425.56M534.22M
Gross Margin %0.21%0.27%0.32%0.33%0.3%0.8%
Gross Profit Growth %-0.38%0.38%0.05%-0.08%0.26%
Operating Expenses+251.6M293.3M454.34M477.92M489.3M508.3M
OpEx % of Revenue0.23%0.25%0.33%0.34%0.34%0.76%
Selling, General & Admin166.9M193.88M336.4M348.64M353.04M365.86M
SG&A % of Revenue0.15%0.16%0.24%0.25%0.25%0.55%
Research & Development84.71M99.42M117.93M129.28M136.25M142.44M
R&D % of Revenue0.08%0.08%0.09%0.09%0.09%0.21%
Other Operating Expenses000000
Operating Income+-19.64M26.19M-13.27M-13.66M-63.74M25.92M
Operating Margin %-0.02%0.02%-0.01%-0.01%-0.04%0.04%
Operating Income Growth %-2.33%-1.51%-0.03%-3.66%1.41%
EBITDA+19.73M60.15M39.85M77.56M32.77M126.84M
EBITDA Margin %0.02%0.05%0.03%0.06%0.02%0.19%
EBITDA Growth %-2.05%-0.34%0.95%-0.58%2.87%
D&A (Non-Cash Add-back)39.36M33.96M53.11M91.22M96.51M100.93M
EBIT-19.64M26.19M-13.27M-13.66M-63.74M25.92M
Net Interest Income+-3.39M-2.75M11.29M9.21M-12.8M-9.12M
Interest Income0011.29M9.21M00
Interest Expense3.39M2.75M0012.8M9.12M
Other Income/Expense-3.39M-2.75M11.29M9.21M-12.8M-11.98M
Pretax Income+-23.03M23.44M-1.97M-4.45M-76.54M13.94M
Pretax Margin %-0.02%0.02%-0%-0%-0.05%0.02%
Income Tax+5M14.95M22.98M7.52M5.5M17.7M
Effective Tax Rate %1.22%0.36%12.65%2.69%1.07%-0.27%
Net Income+-28.02M8.49M-24.95M-11.97M-82.04M-3.76M
Net Margin %-0.03%0.01%-0.02%-0.01%-0.06%-0.01%
Net Income Growth %-1.3%-3.94%0.52%-5.85%0.95%
Net Income (Continuing)-28.02M8.49M-24.95M-11.97M-82.04M-3.76M
Discontinued Operations000000
Minority Interest000000
EPS (Diluted)+-0.601.33-0.17-0.05-0.24-0.01
EPS Growth %-3.22%-1.13%0.72%-4.1%0.95%
EPS (Basic)-0.631.33-0.17-0.05-0.24-0.01
Diluted Shares Outstanding46.35M6.37M142.88M254.28M346.38M343.39M
Basic Shares Outstanding44.32M6.37M142.88M254.28M346.38M343.39M
Dividend Payout Ratio------

Balance Sheet

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+312.99M426.13M628.95M593.91M559.41M656M
Cash & Short-Term Investments115.88M242.81M319.32M262.81M181.83M230.36M
Cash Only86.92M242.81M319.32M165.89M176.11M226.58M
Short-Term Investments28.96M0096.91M5.72M3.78M
Accounts Receivable154.76M158.05M245.24M256.71M306.31M370.11M
Days Sales Outstanding51.6448.5264.9466.8777.66203.25
Inventory00001.41M0
Days Inventory Outstanding----0.51-
Other Current Assets22.09M17.67M16.3M8.01M20.99M5.51M
Total Non-Current Assets+169.11M154.03M968.37M935.72M1.15B1.06B
Property, Plant & Equipment134.96M120.95M128.36M139.87M133.9M128.38M
Fixed Asset Turnover8.10x9.83x10.74x10.02x10.75x5.18x
Goodwill19.21M19.21M550.38M555.87M555.93M555.93M
Intangible Assets6.46M3.9M250.92M189.16M125.26M65.07M
Long-Term Investments05.29M0000
Other Non-Current Assets7.81M3.3M36.82M47M333.3M313.27M
Total Assets+482.1M580.17M1.6B1.53B1.71B1.72B
Asset Turnover2.27x2.05x0.86x0.92x0.84x0.39x
Asset Growth %-0.2%1.75%-0.04%0.12%0.01%
Total Current Liabilities+238.9M300.23M400.56M368.22M423.96M485.58M
Accounts Payable167.18M189.35M259.94M247.5M282.01M309.23M
Days Payables Outstanding70.879.5101.2296.42101.5865.25
Short-Term Debt003M3M3M0
Deferred Revenue (Current)1000K1000K1000K1000K1000K1000K
Other Current Liabilities29.4M49.95M87.75M66.31M70.24M113.13M
Current Ratio1.31x1.42x1.57x1.61x1.32x1.35x
Quick Ratio1.31x1.42x1.57x1.61x1.32x1.35x
Cash Conversion Cycle-----23.34-
Total Non-Current Liabilities+235.93M233.29M429.18M326.87M226.78M181.17M
Long-Term Debt00285.4M223.05M142.16M116.45M
Capital Lease Obligations63.01M63.04M61.53M57.93M49.45M42.56M
Deferred Tax Liabilities2.72M45K51.03M34.13M14.81M5.5M
Other Non-Current Liabilities170.21M170.21M31.23M11.76M20.35M16.66M
Total Liabilities474.83M533.53M829.74M695.09M650.74M666.75M
Total Debt+75.83M78.79M362.89M298.73M214.88M180.89M
Net Debt-11.09M-164.02M43.57M132.84M38.77M-45.69M
Debt / Equity10.44x1.69x0.47x0.36x0.20x0.17x
Debt / EBITDA3.84x1.31x9.11x3.85x6.56x1.43x
Net Debt / EBITDA-0.56x-2.73x1.09x1.71x1.18x-0.36x
Interest Coverage-5.79x9.51x---4.98x2.84x
Total Equity+7.27M46.64M767.57M834.53M1.06B1.05B
Equity Growth %-5.42%15.46%0.09%0.27%-0%
Book Value per Share0.167.335.373.283.053.06
Total Shareholders' Equity7.27M46.64M767.57M834.53M1.06B1.05B
Common Stock06910000
Retained Earnings-39.99M-31.5M-56.45M-68.42M-150.46M-154.22M
Treasury Stock0000-55.51M-130.12M
Accumulated OCI0-170.21M0-834K942K418K
Minority Interest000000

Cash Flow

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+18.06M139.09M63.52M53.48M84.37M184.33M
Operating CF Margin %0.02%0.12%0.05%0.04%0.06%0.28%
Operating CF Growth %-6.7%-0.54%-0.16%0.58%1.18%
Net Income-28.02M8.49M-24.95M-11.97M-82.04M-3.76M
Depreciation & Amortization39.36M33.96M53.11M91.22M96.51M100.93M
Stock-Based Compensation8.25M28.28M127.96M74.92M64.33M67.1M
Deferred Taxes-239K-3.38M-1.58M-17.33M-15.5M-9.32M
Other Non-Cash Items-615K-2.8M-24.57M-1.34M833K14.87M
Working Capital Changes-678K74.54M-66.44M-82.02M20.23M14.52M
Change in Receivables-15.33M-3.29M-40.11M-11.24M-49.6M-63.8M
Change in Inventory000000
Change in Payables31.62M23.43M25.48M-16.82M36.56M25.92M
Cash from Investing+-47.47M10.88M-620.46M-139.56M59.64M-30.11M
Capital Expenditures-44.33M-17.77M-39.07M-34.91M-32.13M-35.16M
CapEx % of Revenue0.04%0.01%0.03%0.02%0.02%0.05%
Acquisitions------
Investments------
Other Investing-583K-104K2.07M91K00
Cash from Financing+991K2.6M631.13M-62.87M-134.61M-99.98M
Debt Issued (Net)------
Equity Issued (Net)------
Dividends Paid000000
Share Repurchases------
Other Financing991K2.6M57.75M1.39M3.15M3.78M
Net Change in Cash------
Free Cash Flow+-26.27M121.31M24.45M18.57M52.24M149.18M
FCF Margin %-0.02%0.1%0.02%0.01%0.04%0.22%
FCF Growth %-5.62%-0.8%-0.24%1.81%1.86%
FCF per Share-0.5719.060.170.070.150.43
FCF Conversion (FCF/Net Income)-0.64x16.38x-2.55x-4.47x-1.03x-49.02x
Interest Paid0715K1.13M20.71M18.49M14.31M
Taxes Paid7.95M9.98M15.47M28.8M18.01M19.88M

Key Ratios

Metric201920202021202220232024
Return on Equity (ROE)-385.65%31.51%-6.13%-1.49%-8.67%-0.36%
Return on Invested Capital (ROIC)---2.87%-1.15%-4.63%1.85%
Gross Margin21.21%26.87%32%33.13%29.56%80.37%
Net Margin-2.56%0.71%-1.81%-0.85%-5.7%-0.57%
Debt / Equity10.44x1.69x0.47x0.36x0.20x0.17x
Interest Coverage-5.79x9.51x---4.98x2.84x
FCF Conversion-0.64x16.38x-2.55x-4.47x-1.03x-49.02x
Revenue Growth-8.69%15.94%1.65%2.75%-53.83%

Revenue by Segment

2021202220232024
Reportable---1.77B
Reportable Growth----

Revenue by Geography

2021202220232024
United States535.35M510.49M564.6M-
United States Growth--4.64%10.60%-
Other Geographic Area378.21M461.5M520.91M-
Other Geographic Area Growth-22.02%12.87%-
ISRAEL190.62M235.88M144.05M-
ISRAEL Growth-23.75%-38.93%-
Germany147.81M121.28M132.04M-
Germany Growth--17.94%8.87%-
France56.61M---
France Growth----

Frequently Asked Questions

Growth & Financials

Taboola.com Ltd. (TBLA) reported $1.88B in revenue for fiscal year 2024. This represents a 72% increase from $1.09B in 2019.

Taboola.com Ltd. (TBLA) saw revenue decline by 53.8% over the past year.

Yes, Taboola.com Ltd. (TBLA) is profitable, generating $25.3M in net income for fiscal year 2024 (-0.6% net margin).

Dividend & Returns

Taboola.com Ltd. (TBLA) has a return on equity (ROE) of -0.4%. Negative ROE indicates the company is unprofitable.

Taboola.com Ltd. (TBLA) generated $168.4M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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