Wed, May 7, 10:17 AM (16 days ago)
**Taboola.com Ltd. (TBLA) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $427.5 million, up 3.3% YoY. - **Gross Profit:** $119.3 million, up 9.5% YoY. - **Net Loss:** $8.8 million, improved from $26.2 million YoY. - **EPS (diluted):** -$0.03, improved from -$0.08 YoY. - **Cash Flow from Operations:** $48.1 million, up 50% YoY. - **Cash & Equivalents:** $216.2 million, down 4.6% YoY. **Profit Margins:** - **Net Loss Margin:** -2.06% (improved from -6.32% YoY). - **Operating Loss Margin:** -1.47% (improved from -4.40% YoY). **Key Metrics & Trends:** - **Scaled Advertisers:** 2,000 (up from 1,800 YoY). - **Average Revenue per Scaled Advertiser:** $184,000 (down from $190,000 YoY). - **Digital Property Partners:** ~11,000 (down from ~12,000 YoY). - **Revenue from Scaled Advertisers:** 86% of total revenue (up from 84% YoY). **Uncertainties & Future Operations:** - **Macroeconomic Conditions:** Volatile due to inflation, interest rates, and geopolitical factors. - **Seasonality:** Q1 typically the weakest quarter due to post-holiday advertising trends. - **Regulatory & Privacy Trends:** Ongoing impact on digital advertising ecosystem. - **Share Buyback Program:** $196.4 million remaining authorization as of Q1 2025. - **Revolving Credit Facility:** $270 million, with $126.5 million outstanding as of Q1 2025. **Notable Changes:** - **Revolving Credit Agreement:** New agreement entered into on March 18, 2025. - **Share Repurchase:** 16.2 million shares repurchased in Q1 2025. - **Amortization of Commercial Agreement Asset:** Began in Q1 2025. **Outlook:** - **Growth Strategy:** Focus on increasing yield, innovating products, and expanding advertiser base. - **Investments:** Continued investment in AI, infrastructure, and technology improvements. - **Liquidity:** Sufficient cash and cash equivalents to meet working capital and capital expenditure needs for at least the next 12 months.