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CTV (Innovid) Enterprise Value : $266.3 Mil (As of Oct. 31, 2024)


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What is Innovid Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Innovid's Enterprise Value is $266.3 Mil. Innovid's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was $-12.8 Mil. Therefore, Innovid's EV-to-EBIT ratio for today is -20.87.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Innovid's Enterprise Value is $266.3 Mil. Innovid's EBITDA for the trailing twelve months (TTM) ended in Jun. 2024 was $1.6 Mil. Therefore, Innovid's EV-to-EBITDA ratio for today is 167.18.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Innovid's Enterprise Value is $266.3 Mil. Innovid's Revenue for the trailing twelve months (TTM) ended in Jun. 2024 was $149.5 Mil. Therefore, Innovid's EV-to-Revenue ratio for today is 1.78.


Innovid Enterprise Value Historical Data

The historical data trend for Innovid's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Innovid Enterprise Value Chart

Innovid Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
- - 642.18 205.22 183.88

Innovid Quarterly Data
Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 130.53 153.83 183.88 338.20 250.56

Competitive Comparison of Innovid's Enterprise Value

For the Advertising Agencies subindustry, Innovid's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Innovid's Enterprise Value Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Innovid's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Innovid's Enterprise Value falls into.



Innovid Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Innovid's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Innovid's Enterprise Value for the quarter that ended in Jun. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Innovid  (NYSE:CTV) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Innovid's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=266.322/-12.764
=-20.87

Innovid's current Enterprise Value is $266.3 Mil.
Innovid's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-12.8 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Innovid's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=266.322/1.593
=167.18

Innovid's current Enterprise Value is $266.3 Mil.
Innovid's EBITDA for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.6 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Innovid's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=266.322/149.54
=1.78

Innovid's current Enterprise Value is $266.3 Mil.
Innovid's Revenue for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $149.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Innovid Enterprise Value Related Terms

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Innovid Business Description

Traded in Other Exchanges
N/A
Address
30 Irving Place, 12th Floor, New York, NY, USA, 10003
Innovid Corp is a software platform that provides ad serving, measurement and optimization creative services for the creation, delivery, and measurement of TV ads across connected TV, mobile TV and desktop TV environments to advertisers, publishers and media agencies. It is engaged in ad serving, measurement and creative services. It operates in U.S., Canada, EMEA, APAC and LATAM, out of which it derives maximum revenue from U.S.
Executives
David Helmreich officer: Chief Commercial Officer C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Sequoia Capital Israel Iv Holdings, L.p. 10 percent owner 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Zvika Netter director, officer: Chief Executive Officer C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Anthony Callini officer: Chief Financial Officer C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Gilad Shany director 89 MEDINAT HAYEHUDIM, HERZLIYA L3 4676672
Rachel Lam director C/O TREMOR VIDEO, INC., 53 WEST 23RD STREET, NEW YORK NY 10010
Genevieve Juillard director C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Genesis Partners Iii Lp 10 percent owner POB 12866, HERTZLYIA PITUACH L3 46733
Eddy Shalev 10 percent owner C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Eyal Kishon 10 percent owner C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Kenneth Markus officer: Chief Operating Officer C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Tanya Andreev-kaspin officer: Chief Financial Officer C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Tal Chalozin officer: Chief Technology Officer C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Brian F. Hughes director 124 COLONIAL RIDGE DRIVE, HADDONFIELD NJ 08033
Sc Israel Iv Genpar, Ltd. 10 percent owner 50 ELI LANDAU BLVD., ORCHID OCEANUS HOTEL, HERZELIA L3 00000