NYSE:FVRR

Stock Analysis Report

Fiverr International

Executive Summary

Fiverr International Ltd. operates an online marketplace worldwide.

Rewards

Revenue is forecast to grow 21.59% per year

Revenue grew by 41.1% over the past year

Risk Analysis

Earnings are forecast to decline by an average of -0.8% per year for the next 3 years

Currently unprofitable and not forecast to become profitable over the next 3 years



Snowflake Analysis

Excellent balance sheet with limited growth.


Similar Companies

Share Price & News

How has Fiverr International's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FVRR has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-3.6%

FVRR

-2.8%

US Online Retail

-1.2%

US Market


1 Year Return

n/a

FVRR

18.3%

US Online Retail

22.3%

US Market

Return vs Industry: Insufficient data to determine how FVRR performed against the US Online Retail industry.

Return vs Market: Insufficient data to determine how FVRR performed against the US Market.


Shareholder returns

FVRRIndustryMarket
7 Day-3.6%-2.8%-1.2%
30 Day4.0%-0.4%1.6%
90 Day6.9%8.8%8.8%
1 Yearn/a18.3%18.3%25.0%22.3%
3 Yearn/a95.7%95.5%49.9%40.3%
5 Yearn/a200.6%187.7%77.6%58.0%

Price Volatility Vs. Market

How volatile is Fiverr International's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

5.39x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate FVRR's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate FVRR's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: FVRR is unprofitable, so we can't compare its PE Ratio to the 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 (5.3x) compared to the US Online Retail industry average (3x).


Next Steps

Future Growth

How is Fiverr International forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

-0.8%

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 (21.6% per year) is forecast to grow faster than the US market (7.5% per year).

High Growth Revenue: FVRR's revenue (21.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FVRR is forecast to be unprofitable in 3 years.


Next Steps

Past Performance

How has Fiverr International performed over the past 5 years?

-2.4%

Last years 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: Insufficient data to determine if FVRR's year-on-year earnings growth rate was positive over the past 5 years.

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 (4.9%).


Return on Equity

High ROE: FVRR has a negative Return on Equity (-20.82%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Fiverr International's financial position?


Financial Position Analysis

Short Term Liabilities: FVRR's short term assets ($210.6M) exceed its short term liabilities ($79.3M).

Long Term Liabilities: FVRR's short term assets ($210.6M) exceed its long term liabilities ($5.4M).


Debt to Equity History and Analysis

Debt Level: FVRR's debt to equity ratio (3.8%) is considered satisfactory.

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


Balance Sheet

Inventory Level: FVRR has a low level of unsold assets or inventory.

Debt Coverage by Assets: FVRR's debt is covered by short term assets (assets are 35.8x debt).


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: FVRR has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: FVRR has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -63% each year


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.0%forecastin3Years0%

Current dividend yield vs market & industry

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

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

What is the CEO of Fiverr International's salary, the management and board of directors tenure and is there insider trading?

3.0yrs

Average management tenure


CEO

Micha Kaufman 0

10yrs

Tenure

0

Mr. Micha Kaufman is a Co-Founder of Fiverr International Limited and serves as its Chief Executive Officer and Director since 2010. Prior to Fiverr, Mr. Kaufman founded and led several technology companie ...


Management Age and Tenure

3.0yrs

Average Tenure

Experienced Management: FVRR's management team is considered experienced (3 years average tenure).


Board Age and Tenure

2.4yrs

Average Tenure

50yo

Average Age

Experienced Board: FVRR's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


Insider Trading

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: FVRR only recently listed within the past 12 months, with total shares outstanding growing by 116.6% in the past year..


Management Team

  • Shai Wininger

    Co-Founder

    • Micha Kaufman

      Co-Founder

      • Tenure: 10yrs
    • Gil Sheinfeld

      Chief Technology Officer

      • Tenure: 3yrs
    • Gali Arnon

      Chief Marketing Officer

      • Tenure: 2.3yrs
    • Ofer Katz

      Chief Financial Officer

      • Tenure: 2.5yrs
    • Jinjin Qian

      Vice President of Strategic Finance

      • Brent Messenger

        Global Head of Community

        • Tenure: 3.4yrs
      • Chris Lane

        Global Head of Digital

        • Tenure: 3.4yrs
      • Hila Klein

        Chief Operating Officer

        • Tenure: 1yrs

      Board Members

      • Erez Shachar (56yo)

        Director

        • Tenure: 0.6yrs
      • Jonathan Kolber (57yo)

        Director

        • Tenure: 0.6yrs
      • Adam Fisher (43yo)

        Director

        • Tenure: 9yrs
      • Ron Gutler (61yo)

        Independent Director

        • Tenure: 0.8yrs
      • Philippe Botteri

        Director

        • Tenure: 4yrs
      • Gili Iohan (44yo)

        Independent Director

        • Tenure: 0.8yrs
      • Micha Kaufman

        Co-Founder

        • Tenure: 10yrs
      • Nir Zohar (41yo)

        Independent Director

        • Tenure: 6yrs

      Company Information

      Fiverr International Ltd.'s company bio, 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
      • Market Cap: US$805.565m
      • Shares outstanding: 31.00m
      • Website: https://www.fiverr.com

      Number of Employees


      Location

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

      Listings

      TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
      FVRRNYSE (New York Stock Exchange)YesOrdinary SharesUSUSDJun 2019
      11VBST (Boerse-Stuttgart)YesOrdinary SharesDEEURJun 2019
      11VDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJun 2019

      Biography

      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 200 categories in 8 verticals, including graphic and design, digital marketing, writing and translation, video and animation, music and audio, programming and technology, business, and lifestyle. Its buyers include businesses of various sizes, as well as sellers comprise a group of freelancers and small businesses. The company was founded in 2010 and is based in Tel Aviv, Israel. 


      Company Analysis and Financial Data Status

      All financial data provided by Standard & Poor's Capital IQ.
      DataLast Updated (UTC time)
      Company Analysis2020/01/27 01:20
      End of Day Share Price2020/01/24 00:00
      Earnings2019/09/30
      Annual Earnings2018/12/31


      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.