Taboolacom Ltd
For the period ended Dec 31, 2024. Filed Feb 26, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 26, 2025
TBLA$2.02-6.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 8. Consolidated Statements of Cash Flows
| Table of Content | TABOOLA.COM LTD. |
|---|---|
| CONSOLIDATED STATEMENTS OF CASH FLOWS | |
| U.S. dollars in thousands | |
| Year endedDecember 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Cash flows from operating activities | |||
| Net loss | $(3,760) | $(82,040) | $(11,975) |
| Adjustments to reconcile net loss to net cash flows provided by operating activities: | |||
| Depreciation, amortization and write-off | 100,928 | 96,512 | 91,221 |
| Share-based compensation expenses | 67,098 | 64,331 | 74,921 |
| Commercial agreement asset amortization | 2,832 | — | — |
| Net loss (gain) from financing expenses | 3,764 | (816) | 4,476 |
| Revaluation of the Warrants liability | (2,761) | (627) | (24,471) |
| Amortization of loan and credit facility issuance costs | 1,536 | 1,619 | 2,009 |
| Amortization of premium and accretion of discount on short-term investments, net | 177 | (914) | (679) |
| Loss from disposal of property and equipment | — | 1,571 | — |
| Change in operating assets and liabilities: | |||
| Increase in trade receivables, net (1) | (63,803) | (49,599) | (11,242) |
| Decrease (increase) in prepaid expenses and other current assets and long-term prepaid expenses | 28,663 | 5,934 | (10,785) |
| Increase (decrease) in trade payables (2) | 25,920 | 36,563 | (16,825) |
| Increase (decrease) in accrued expenses and other current liabilities and other long-term liabilities | 35,577 | 25,202 | (21,932) |
| Decrease in deferred taxes, net | (9,318) | (15,496) | (17,329) |
| Change in operating lease right of use assets | 19,914 | 16,830 | 15,528 |
| Change in operating lease liabilities | (22,436) | (14,697) | (19,433) |
| Net cash provided by operating activities | 184,331 | 84,373 | 53,484 |
| Cash flows from investing activities | |||
| Purchase of property and equipment, including capitalized internal-use software | (35,155) | (32,133) | (34,914) |
| Cash paid in connection with acquisitions, net of cash acquired | (719) | — | (7,981) |
| Proceeds from (investment in) restricted deposits | — | (730) | 91 |
| Proceeds from maturities of short-term investments | 5,765 | 114,494 | 29,624 |
| Purchase of short-term investments | — | (21,991) | (126,381) |
| Net cash provided by (used in) investing activities | (30,109) | 59,640 | (139,561) |
| Cash flows from financing activities | — | — | |
| Issuance costs | (695) | — | — |
| Exercise of options and vested RSUs | 7,564 | 6,953 | 8,387 |
| Payment of tax withholding for share-based compensation expenses | (3,086) | (3,804) | (5,751) |
| Repurchase of Ordinary shares | (73,602) | (55,513) | — |
| Payments on account of repurchase of Ordinary shares | (164) | — | — |
| Repayment of long-term loan | (30,000) | (82,250) | (64,264) |
| Costs associated with entering into a revolving credit facility | — | — | (1,245) |
| Net cash used in financing activities | (99,983) | (134,614) | (62,873) |
| Exchange rate differences on balances of cash and cash equivalents | (3,764) | 816 | (4,476) |
| Increase (decrease) in cash and cash equivalents | 50,475 | 10,215 | (153,426) |
| Cash and cash equivalents - at the beginning of the period | 176,108 | 165,893 | 319,319 |
| Cash and cash equivalents - at the end of the period | $226,583 | $176,108 | $165,893 |
| Year endedDecember 31, | |||
| 2024 | 2023 | 2022 | |
| Supplemental disclosures of cash flow information: | |||
| Cash paid during the year for: | |||
| Income taxes | $19,878 | $18,011 | $28,798 |
| Interest | $14,313 | $18,488 | $20,712 |
| Non-cash investing and financing activities: | |||
| Purchase of property and equipment, including capitalized internal-use software | $1,080 | $639 | $1,657 |
| Share-based compensation included in capitalized internal-use software | $2,156 | $2,253 | $1,932 |
| Creation of operating lease right-of-use assets | $17,165 | $11,730 | $17,269 |
| Issuance of Ordinary shares and Non-voting Ordinary shares related to Commercial agreement | $— | $288,063 | $— |
| Reclassification of Restricted deposit to Short-term deposit | $3,780 | $— | $— |
(1)Includes an increase in related party trade receivables of $64,380 and $12,297, as of December 31, 2024 and 2023, respectively.
(2) Includes an increase in related party trade payables of $29,899 and $38,657, as of December 31, 2024 and 2023, respectively.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.