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FVRR

Fiverr InternationalNYSE:FVRR Stock Report

Last Price

US$81.22

Market Cap

US$3.0b

7D

-4.6%

1Y

-66.7%

Updated

23 Jan, 2022

Data

Company Financials +
FVRR fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance0/6
Financial Health5/6
Dividends0/6

FVRR Stock Overview

Fiverr International Ltd. operates an online marketplace worldwide.

Fiverr International Competitors

Trade Desk

NasdaqGM:TTD

US$28.6b

Upwork

NasdaqGS:UPWK

US$3.2b

IZEA Worldwide

NasdaqCM:IZEA

US$66.9m

BBTV Holdings

TSX:BBTV

CA$53.0m

Price History & Performance

Summary of all time highs, changes and price drops for Fiverr International
Historical stock prices
Current Share PriceUS$81.22
52 Week HighUS$336.00
52 Week LowUS$80.33
Beta1.66
1 Month Change-30.74%
3 Month Change-56.91%
1 Year Change-66.68%
3 Year Changen/a
5 Year Changen/a
Change since IPO103.56%

Recent News & Updates

Jan 21

Fiverr: Finally Worth A Shot As It Crumbles

Shares of Fiverr have lost about 75% of their value since hitting highs above $330 a year ago. Since November alone, shares have been in free fall with a roughly 50% loss. Meanwhile, fundamentals continue to soar. The company is delivering >40% y/y revenue growth, driven both by expanded user growth and higher take rates. Fiverr's positive adjusted EBITDA is also another distinguisher in a risk-averse market.

Dec 19

Fiverr: Still Potential Downside Even After 40% Correction

Fiverr has been a clear beneficiary of the global pandemic as consumers have shifted to more freelance work than ever before. The number of active buyers has quickly surpassed 4 million, though sequential growth has slowed in recent quarters. Valuation still remains at a premium and assuming 35-40% growth through 2023, the stock trades at over 7x 2023 revenue. A pullback below $100 would be more interesting, but for now, I remain on the sidelines.

Shareholder Returns

FVRRUS Online RetailUS Market
7D-4.6%-10.1%-6.1%
1Y-66.7%-30.0%4.2%

Return vs Industry: FVRR underperformed the US Online Retail industry which returned -30% over the past year.

Return vs Market: FVRR underperformed the US Market which returned 4.2% over the past year.

Price Volatility

Is FVRR's price volatile compared to industry and market?
FVRR volatility
FVRR Average Weekly Movement9.0%
Online Retail Industry Average Movement10.5%
Market Average Movement6.7%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.4%

Stable Share Price: FVRR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: FVRR's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2010545Micha Kaufmanhttps://www.fiverr.com

Fiverr International Ltd. operates an online marketplace worldwide. Its platform enables sellers to sell their services and buyers to buy them. The company’s platform includes approximately 500 categories in eight verticals, including graphic and design, digital marketing, writing and translation, video and animation, music and audio, programming and technology, business, and lifestyle.

Fiverr International Fundamentals Summary

How do Fiverr International's earnings and revenue compare to its market cap?
FVRR fundamental statistics
Market CapUS$2.97b
Earnings (TTM)-US$53.57m
Revenue (TTM)US$273.79m

10.8x

P/S Ratio

-55.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FVRR income statement (TTM)
RevenueUS$273.79m
Cost of RevenueUS$46.21m
Gross ProfitUS$227.58m
ExpensesUS$281.15m
Earnings-US$53.57m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Feb 17, 2022

Earnings per share (EPS)-1.47
Gross Margin83.12%
Net Profit Margin-19.56%
Debt/Equity Ratio106.5%

How did FVRR perform over the long term?

See historical performance and comparison

Valuation

Is Fiverr International undervalued compared to its fair value and its price relative to the market?

4.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FVRR ($81.22) is trading below our estimate of fair value ($85.02)

Significantly Below Fair Value: FVRR is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: FVRR is unprofitable, so we can't compare its PE Ratio to the US Online Retail industry average.

PE vs Market: FVRR is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate FVRR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: FVRR is overvalued based on its PB Ratio (8.5x) compared to the US Online Retail industry average (2.6x).


Future Growth

How is Fiverr International forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

74.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FVRR is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: FVRR is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: FVRR is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: FVRR's revenue (25.1% per year) is forecast to grow faster than the US market (9.1% per year).

High Growth Revenue: FVRR's revenue (25.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FVRR's Return on Equity is forecast to be low in 3 years time (13.4%).


Past Performance

How has Fiverr International performed over the past 5 years?

-8.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FVRR is currently unprofitable.

Growing Profit Margin: FVRR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FVRR is unprofitable, and losses have increased over the past 5 years at a rate of 8.7% per year.

Accelerating Growth: Unable to compare FVRR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: FVRR is unprofitable, making it difficult to compare its past year earnings growth to the Online Retail industry (78.8%).


Return on Equity

High ROE: FVRR has a negative Return on Equity (-15.43%), as it is currently unprofitable.


Financial Health

How is Fiverr International's financial position?


Financial Position Analysis

Short Term Liabilities: FVRR's short term assets ($562.5M) exceed its short term liabilities ($180.1M).

Long Term Liabilities: FVRR's short term assets ($562.5M) exceed its long term liabilities ($378.8M).


Debt to Equity History and Analysis

Debt Level: FVRR has more cash than its total debt.

Reducing Debt: Insufficient data to determine if FVRR's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable FVRR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: FVRR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 82.6% per year.


Dividend

What is Fiverr International current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate FVRR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate FVRR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if FVRR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FVRR's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of FVRR's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.5yrs

Average management tenure


CEO

Micha Kaufman

12yrs

Tenure

US$2,963,000

Compensation

Mr. Micha Kaufman is a Co-Founder of Fiverr International Ltd. since 2010 and serves as its Chief Executive Officer and Director since 2010. He serves as Chairman of the Board at Fiverr International Ltd....


CEO Compensation Analysis

Compensation vs Market: Micha's total compensation ($USD2.96M) is below average for companies of similar size in the US market ($USD5.29M).

Compensation vs Earnings: Micha's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: FVRR's management team is considered experienced (4.5 years average tenure).


Board Members

Experienced Board: FVRR's board of directors are considered experienced (6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.1%.


Top Shareholders

Company Information

Fiverr International Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Fiverr International Ltd.
  • Ticker: FVRR
  • Exchange: NYSE
  • Founded: 2010
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Implied Market Cap: US$2.968b
  • Shares outstanding: 36.55m
  • Website: https://www.fiverr.com

Number of Employees


Location

  • Fiverr International Ltd.
  • 8 Eliezer Kaplan Street
  • Tel Aviv
  • 6473409
  • Israel

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/23 23:11
End of Day Share Price2022/01/21 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.