Event-Driven Stocks

Innovid Corp.

CTV, CTV-WT

Technology · Services-Prepackaged Software · DE · SEC filings ↗ · Compare ⊕

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Signs4 good3 warning1 severedetails ↓

Financials

SEC XBRL · annual
 FY23FY22FY21FY20FY19
Revenue$139.9M$127.1M$90.3M$68.8M$56.3M
Operating income−$33.0M−$29.7M−$5.8M$1.1M−$6.0M
Net income−$31.9M−$18.4M−$11.5M−$812,000−$7.3M
Total assets$250.0M$259.6M$205.5M$59.5M
Total liabilities$54.0M$53.7M$44.3M$22.2M
Equity$196.0M$205.9M$161.3M−$49.7M−$42.8M
EPS (diluted)$-0.23$-0.14$-3.31$-0.51$-0.59
Shares out.136.3M131.7M119.0M16.3M15.9M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2023
Operating margin
−23.6%
Net margin
−22.8%
Return on equity
−16.3%
Return on assets
−12.8%
Return on capital (ROCE)
−14.7%
Liabilities / assets
21.6%
Debt / equity
0.28×
Book value / share
$1.44
Revenue growth (YoY)
10.0%
Net income growth (YoY)

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2023
Altman Z″ (distress)
2.54grey zone
Accruals / assets
17.7%clean
Beneish M-Score
-3.32normal
Piotroski F-Score
3/9weak

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
62
/ 100
Profitability 0Growth 100Catalyst 33Earnings quality 100Financial strength 75

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →

Signs

1 severe3 warning4 good
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Altman Z″ in the grey zone
  • Revenue is growing year-over-year
  • Conservative leverage (liabilities < 50% of assets)
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (2)

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