NASDAQ : NEXN
Nexxen International Ltd. — Financial statements
Communication Services · Advertising Agencies · Israel
Last price 8.87 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 494.24M
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Financial statements
Nexxen International Ltd. (NEXN) reported revenue of 382.86M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 382.86M | 364.78M | 365.48M | 331.99M | 335.25M | 341.94M |
| Cost of Revenue | 66.95M | 54.98M | 61.02M | 62.27M | 60.74M | 71.65M |
| Gross Profit | 315.91M | 309.80M | 304.46M | 269.72M | 274.50M | 270.29M |
| Selling, General & Admin | 169.83M | 156.17M | 153.46M | 156.79M | 151.95M | 137.86M |
| Research & Development | 60.09M | 58.06M | 49.99M | 49.68M | 33.66M | 18.42M |
| Other Operating Expenses | 1.49M | -2.00K | -5.11M | 23.00K | ||
| Operating Expenses | 296.32M | 277.35M | 263.62M | 284.76M | 223.20M | 196.56M |
| Operating Income | 19.59M | 32.45M | 40.84M | -15.04M | 51.31M | 73.73M |
| Interest Expense | -2.30M | -2.20M | -8.95M | -10.20M | -4.61M | -2.67M |
| Interest & Investment Income | 5.00M | 7.01M | 6.66M | 8.19M | 2.28M | 483.00K |
| EBT Excluding Unusual Items | 22.29M | 37.26M | 38.55M | -17.05M | 48.98M | 71.55M |
| Merger & Restructuring Charges | -171.00K | -6.01M | -253.00K | |||
| Gain (Loss) on Sale of Assets | -16.00K | -1.77M | -542.00K | 982.00K | ||
| Pretax Income | 22.29M | 37.26M | 38.53M | -18.98M | 42.42M | 72.28M |
| Income Tax Expense | 9.22M | 12.22M | 3.10M | 2.50M | 19.69M | -948.00K |
| Net Income | 13.07M | 25.04M | 35.44M | -21.49M | 22.74M | 73.22M |
| Net Income to Common | 13.07M | 25.04M | 35.44M | -21.49M | 22.74M | 73.22M |
| Shares Outstanding (Basic) | 57.40M | 59.78M | 68.99M | 71.79M | 74.97M | 72.25M |
| Shares Outstanding (Diluted) | 58.16M | 61.06M | 70.09M | 71.79M | 76.53M | 76.35M |
| EPS (Basic) | 0.23 | 0.42 | 0.51 | -0.30 | 0.30 | 1.01 |
| EPS (Diluted) | 0.23 | 0.41 | 0.51 | -0.30 | 0.30 | 0.96 |
| Free Cash Flow | 88.06M | 97.99M | 143.09M | 56.25M | 76.58M | 166.71M |
| Free Cash Flow Per Share | 1.51 | 1.60 | 2.04 | 0.78 | 1.00 | 2.18 |
| Gross Margin | 82.51% | 84.93% | 83.30% | 81.24% | 81.88% | 79.05% |
| Operating Margin | 5.12% | 8.89% | 11.17% | -4.53% | 15.30% | 21.56% |
| Profit Margin | 3.41% | 6.87% | 9.70% | -6.47% | 6.78% | 21.41% |
| Free Cash Flow Margin | 23.00% | 26.86% | 39.15% | 16.94% | 22.84% | 48.75% |
| EBITDA | 57.79M | 67.37M | 76.17M | 48.25M | 94.01M | 113.99M |
| EBITDA Margin | 15.09% | 18.47% | 20.84% | 14.53% | 28.04% | 33.34% |
| D&A For EBITDA | 38.20M | 34.92M | 35.33M | 63.28M | 42.70M | 40.26M |
| EBIT | 19.59M | 32.45M | 40.84M | -15.04M | 51.31M | 73.73M |
| EBIT Margin | 5.12% | 8.89% | 11.17% | -4.53% | 15.30% | 21.56% |
| Effective Tax Rate | 41.37% | 32.79% | 8.03% | 46.41% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 132.04M | 133.31M | 187.07M | 234.31M | 217.50M | 367.72M |
| Short-Term Investments | 104.00K | |||||
| Cash & Short-Term Investments | 132.04M | 133.31M | 187.07M | 234.41M | 217.50M | 367.72M |
| Accounts Receivable | 224.03M | 196.10M | 217.96M | 201.97M | 219.84M | 165.06M |
| Other Receivables | 7.83M | 3.59M | 4.49M | 8.64M | 6.70M | 2.98M |
| Receivables | 231.87M | 199.69M | 222.45M | 210.62M | 226.54M | 168.52M |
| Prepaid Expenses | 3.88M | 2.94M | 4.99M | 14.43M | 13.11M | |
| Other Current Assets | 449.00K | 525.00K | 1.57M | 3.04M | 2.65M | |
| Total Current Assets | 363.91M | 337.33M | 412.98M | 451.58M | 461.50M | 552.00M |
| Property, Plant & Equipment | 60.31M | 45.04M | 47.23M | 53.30M | 53.00M | 17.42M |
| Long-Term Investments | 45.00M | 45.00M | 25.00M | 25.00M | 25.00M | |
| Goodwill | 247.63M | 245.83M | 246.35M | 245.74M | 156.71M | |
| Other Intangible Assets | 308.62M | 70.74M | 90.94M | 115.65M | 152.36M | 51.51M |
| Long-Term Deferred Tax Assets | 8.52M | 9.41M | 17.80M | 12.39M | 18.16M | 24.43M |
| Other Long-Term Assets | 977.00K | 918.00K | 738.00K | 525.00K | 406.00K | 672.00K |
| Total Assets | 787.33M | 756.07M | 840.51M | 904.80M | 956.16M | 802.74M |
| Accounts Payable | 230.34M | 207.02M | 228.51M | 183.30M | 212.69M | 161.81M |
| Accrued Expenses | 27.17M | 23.01M | 17.00M | 27.91M | 17.41M | |
| Current Portion of Leases | 14.86M | 13.29M | 14.34M | 12.11M | 14.10M | 7.12M |
| Current Income Taxes Payable | 636.00K | 441.00K | 4.68M | 4.94M | 9.42M | 8.84M |
| Current Unearned Revenue | 10.72M | 11.55M | 8.37M | 6.54M | 11.41M | |
| Other Current Liabilities | 43.27M | 3.39M | 3.97M | 3.73M | 9.90M | 14.08M |
| Total Current Liabilities | 289.10M | 262.03M | 286.06M | 229.44M | 280.57M | 220.67M |
| Long-Term Debt | 99.07M | 98.54M | ||||
| Long-Term Leases | 21.88M | 18.64M | 22.86M | 24.95M | 15.23M | 7.88M |
| Pension & Post-Retirement Benefits | 208.00K | 213.00K | 300.00K | 237.00K | 238.00K | 426.00K |
| Long-Term Deferred Tax Liabilities | 202.00K | 515.00K | 445.00K | 754.00K | 1.16M | 1.40M |
| Other Long-Term Liabilities | 6.80M | 8.80M | ||||
| Total Liabilities | 311.39M | 281.40M | 309.66M | 361.25M | 404.55M | 230.36M |
| Common Stock | 328.00K | 324.00K | 377.00K | 417.00K | 413.00K | 442.00K |
| Additional Paid-In Capital | 281.03M | 278.51M | 362.51M | 410.56M | 400.51M | 437.48M |
| Retained Earnings | 193.81M | 195.49M | 170.45M | 135.01M | 156.50M | 133.76M |
| Comprehensive Income & Other | 778.00K | 348.00K | -2.48M | -2.44M | -5.80M | 698.00K |
| Shareholders' Equity | 475.95M | 474.67M | 530.85M | 543.55M | 551.62M | 572.38M |
| Total Liabilities & Equity | 787.33M | 756.07M | 840.51M | 904.80M | 956.16M | 802.74M |
| Total Debt | 36.73M | 31.93M | 37.20M | 136.13M | 127.88M | 14.99M |
| Net Cash (Debt) | 95.31M | 101.38M | 149.87M | 98.28M | 89.62M | 352.72M |
| Net Cash Per Share | 1.64 | 1.66 | 2.14 | 1.37 | 1.17 | 4.62 |
| Filing Date Shares Outstanding | 60.67M | 55.72M | 63.42M | 70.90M | 71.76M | 77.19M |
| Total Common Shares Outstanding | 60.67M | 56.28M | 65.56M | 73.08M | 72.24M | 77.25M |
| Working Capital | 74.81M | 75.30M | 126.92M | 222.15M | 180.94M | 331.33M |
| Book Value Per Share | 7.85 | 8.43 | 8.10 | 7.44 | 7.64 | 7.41 |
| Tangible Book Value | 167.32M | 156.29M | 194.09M | 181.55M | 153.52M | 364.15M |
| Tangible Book Value Per Share | 2.76 | 2.78 | 2.96 | 2.48 | 2.13 | 4.71 |
| Machinery | 59.45M | 47.71M | 42.67M | 39.45M | 9.28M | |
| Leasehold Improvements | 1.72M | 1.61M | 1.77M | 1.11M | 770.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 13.07M | 25.04M | 35.44M | -21.49M | 22.74M | 73.22M |
| Depreciation & Amortization | 51.81M | 48.53M | 47.77M | 78.28M | 42.70M | 40.26M |
| Other Amortization | 14.60M | 14.60M | 10.90M | |||
| Loss (Gain) From Sale of Assets | 16.00K | 1.77M | 542.00K | -1.36M | ||
| Stock-Based Compensation | 18.64M | 18.05M | 11.46M | 19.17M | 50.51M | 42.82M |
| Other Operating Activities | 10.21M | 3.38M | 1.97M | -4.52M | 9.80M | 47.00K |
| Change in Accounts Receivable | -38.48M | 21.93M | -14.46M | 30.60M | 57.05M | -11.68M |
| Change in Accounts Payable | 43.96M | -21.31M | 57.67M | -43.08M | -100.14M | 26.84M |
| Change in Other Net Operating Assets | -98.00K | -103.00K | 63.00K | -1.00K | -179.00K | -69.00K |
| Operating Cash Flow | 113.71M | 110.11M | 150.84M | 60.74M | 83.01M | 170.09M |
| Capital Expenditures | -25.65M | -12.12M | -7.74M | -4.50M | -6.43M | -3.38M |
| Cash Acquisitions | -195.08M | -11.00M | ||||
| Divestitures | 1.18M | 415.00K | ||||
| Sale (Purchase) of Intangibles | -19.98M | -17.58M | -15.78M | -15.13M | -8.75M | -4.97M |
| Investment in Securities | -19.88M | -19.90M | 95.00K | 51.00K | -25.00M | |
| Other Investing Activities | -37.00K | -276.00K | 390.00K | 1.50M | -213.00K | -11.00K |
| Investing Cash Flow | -64.36M | -48.62M | -21.21M | -16.96M | -232.99M | -16.49M |
| Long-Term Debt Issued | 98.92M | |||||
| Total Debt Issued | 98.92M | |||||
| Long-Term Debt Repaid | -16.27M | -115.14M | -17.26M | -12.02M | -12.42M | |
| Lease Payments | -15.83M | -16.27M | -15.14M | -17.26M | -12.02M | -10.01M |
| Total Debt Repaid | -15.83M | -16.27M | -115.14M | -17.26M | -12.02M | -12.42M |
| Net Debt Issued (Repaid) | -15.83M | -16.27M | -115.14M | -17.26M | 86.90M | -12.42M |
| Issuance of Common Stock | 215.00K | 443.00K | 1.13M | 233.00K | 2.21M | 135.93M |
| Repurchase of Common Stock | -36.44M | -101.70M | -60.73M | -9.52M | -86.05M | -6.64M |
| Financing Cash Flow | -52.06M | -117.52M | -174.74M | -26.55M | 3.06M | 116.86M |
| Foreign Exchange Rate Adjustments | 3.29M | 2.28M | -2.12M | -426.00K | -3.29M | -209.00K |
| Net Cash Flow | 585.00K | -53.76M | -47.24M | 16.81M | -150.22M | 270.25M |
| Free Cash Flow | 88.06M | 97.99M | 143.09M | 56.25M | 76.58M | 166.71M |
| Free Cash Flow Margin | 23.00% | 26.86% | 39.15% | 16.94% | 22.84% | 48.75% |
| Free Cash Flow Per Share | 1.51 | 1.60 | 2.04 | 0.78 | 1.00 | 2.18 |
| Levered Free Cash Flow | 60.97M | 69.29M | 112.19M | 39.76M | 100.40M | 145.46M |
| Unlevered Free Cash Flow | 62.40M | 70.67M | 117.78M | 46.13M | 103.28M | 147.13M |
| Free Cash Flow After Leases | 72.22M | 81.73M | 127.95M | 38.98M | 64.56M | 156.70M |
| Cash Interest Paid | 1.86M | 2.02M | 6.38M | 8.49M | 587.00K | 570.00K |
| Cash Income Tax Paid | 6.19M | 4.81M | 8.37M | 13.61M | 954.00K | |
| Change in Working Capital | 5.39M | 517.00K | 43.28M | -12.47M | -43.27M | 15.10M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 489.79M | 371.14M | 655.47M | 371.37M | 463.88M | 1.14B |
| Enterprise Value | 394.48M | 286.25M | 525.11M | 308.06M | 384.76M | 822.18M |
| Last Close Price | 8.79 | 6.54 | 10.00 | 5.10 | 6.44 | 14.78 |
| PE Ratio | 39.06 | 14.82 | 18.50 | 20.40 | 15.55 | |
| Forward PE | 7.52 | 8.07 | ||||
| PS Ratio | 1.28 | 1.02 | 1.79 | 1.12 | 1.38 | 3.33 |
| PB Ratio | 1.12 | 0.78 | 1.24 | 0.68 | 0.84 | 1.99 |
| P/TBV Ratio | 2.93 | 2.38 | 3.38 | 2.05 | 3.02 | 3.13 |
| P/FCF Ratio | 5.56 | 3.79 | 4.58 | 6.60 | 6.06 | 6.83 |
| P/OCF Ratio | 4.31 | 3.37 | 4.35 | 6.11 | 5.59 | 6.70 |
| PEG Ratio | 0.67 | 0.35 | ||||
| EV/Sales Ratio | 1.03 | 0.79 | 1.44 | 0.93 | 1.15 | 2.40 |
| EV/EBITDA Ratio | 6.83 | 4.25 | 6.89 | 6.38 | 4.09 | 7.21 |
| EV/EBIT Ratio | 20.14 | 8.82 | 12.86 | 7.50 | 11.15 | |
| EV/FCF Ratio | 4.48 | 2.92 | 3.67 | 5.48 | 5.03 | 4.93 |
| Debt / Equity Ratio | 0.08 | 0.07 | 0.07 | 0.25 | 0.23 | 0.03 |
| Debt / EBITDA Ratio | 0.51 | 0.39 | 0.42 | 2.15 | 1.36 | 0.13 |
| Debt / FCF Ratio | 0.42 | 0.33 | 0.26 | 2.42 | 1.67 | 0.09 |
| Net Debt / Equity Ratio | -0.20 | -0.21 | -0.28 | -0.18 | -0.16 | -0.62 |
| Net Debt / EBITDA Ratio | -1.65 | -1.50 | -1.97 | -2.04 | -0.95 | -3.09 |
| Net Debt / FCF Ratio | -1.08 | -1.03 | -1.05 | -1.75 | -1.17 | -2.12 |
| Asset Turnover | 0.50 | 0.46 | 0.42 | 0.36 | 0.38 | 0.51 |
| Quick Ratio | 1.26 | 1.27 | 1.43 | 1.94 | 1.58 | 2.43 |
| Current Ratio | 1.26 | 1.29 | 1.44 | 1.97 | 1.65 | 2.50 |
| Return on Equity (ROE) | 2.73% | 4.98% | 6.60% | -3.92% | 4.05% | 16.25% |
| Return on Assets (ROA) | 1.60% | 2.54% | 2.93% | -1.01% | 3.65% | 6.89% |
| Return on Invested Capital (ROIC) | 2.94% | 5.78% | 9.09% | -3.31% | 8.07% | 31.22% |
| Return on Capital Employed (ROCE) | 3.90% | 6.60% | 7.40% | -2.20% | 7.60% | 12.70% |
| Earnings Yield | 2.56% | 6.75% | 5.41% | -5.79% | 4.90% | 6.43% |
| FCF Yield | 17.98% | 26.40% | 21.83% | 15.15% | 16.51% | 14.64% |
| Buyback Yield / Dilution | 12.27% | 12.88% | 2.38% | 6.19% | -0.23% | -10.09% |
| Total Shareholder Return | 12.27% | 12.88% | 2.38% | 6.19% | -0.23% | -10.09% |