CEVA (CEVA) Financials

$20.21 -0.49 (-2.37%)

Closing price 05/21/2025 04:00 PM Eastern

Extended Trading

$20.20 -0.01 (-0.02%)

As of 05/21/2025 04:04 PM Eastern

Annual Income Statements for CEVA

This table shows CEVA's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Income / (Loss) Attributable to Common Shareholders	-8.79	-12	-23
Consolidated Net Income / (Loss)	-8.79	-12	-23
Net Income / (Loss) Continuing Operations	-8.79	-18	-14
Total Pre-Tax Income	-2.76	-8.21	4.20
Total Operating Income	-7.55	-13	3.90
Total Gross Profit	94	86	105
Total Revenue	107	97	121
Operating Revenue	107	97	121
Total Cost of Revenue	13	12	15
Operating Cost of Revenue	13	12	15
Total Operating Expenses	102	99	102
Selling, General & Admin Expense	17	15	14
Marketing Expense	13	11	11
Research & Development Expense	72	73	70
Amortization Expense	0.60	0.59	2.03
Impairment Charge	0.00	0.00	3.56
Total Other Income / (Expense), net	4.79	5.26	0.30
Interest & Investment Income	4.88	5.26	2.81
Other Income / (Expense), net	-0.09	-0.00	-2.51
Income Tax Expense	6.03	10	18
Net Income / (Loss) Discontinued Operations	0.00	6.56	-9.31
Basic Earnings per Share	($0.37)	($0.51)	($1.00)
Weighted Average Basic Shares Outstanding	23.61M	23.48M	23.17M
Diluted Earnings per Share	($0.37)	($0.51)	($1.00)
Weighted Average Diluted Shares Outstanding	23.61M	23.48M	23.17M
Weighted Average Basic & Diluted Shares Outstanding	23.81M	23.63M	23.42M

This table shows CEVA's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	-1.74	-1.31	-0.29	-5.45	3.77	-4.96	-5.82	-4.87	1.94	-22
Consolidated Net Income / (Loss)	-1.74	-1.31	-0.29	-5.45	3.77	-4.96	-5.82	-4.87	1.94	-22
Net Income / (Loss) Continuing Operations	-1.74	-1.31	-0.29	-5.45	-8.10	-2.75	-4.89	-2.70	9.57	-21
Total Pre-Tax Income	-0.00	-0.30	1.31	-3.76	-0.95	-1.63	-4.34	-1.28	7.83	-2.71
Total Operating Income	0.07	-2.62	-0.04	-4.96	-2.79	-2.72	-5.34	-2.62	6.06	-2.36
Total Gross Profit	26	23	26	20	22	22	19	23	27	24
Total Revenue	29	27	28	22	24	24	23	26	23	30
Operating Revenue	29	27	28	22	24	24	23	26	23	30
Total Cost of Revenue	3.37	3.96	2.93	2.50	2.26	2.36	3.52	3.51	-3.76	5.66
Operating Cost of Revenue	3.37	3.96	2.93	2.50	2.26	2.36	3.52	3.51	-3.76	5.66
Total Operating Expenses	26	26	26	25	25	24	25	25	21	27
Selling, General & Admin Expense	5.13	4.64	3.54	3.57	3.57	3.61	3.91	3.83	3.66	3.25
Marketing Expense	3.63	3.09	3.10	2.82	2.83	2.86	2.63	2.72	2.95	2.88
Research & Development Expense	17	18	19	18	18	18	18	19	14	16
Amortization Expense	0.15	0.15	0.15	0.15	0.15	0.15	0.14	0.15	-0.05	0.58
Total Other Income / (Expense), net	-0.08	2.32	1.35	1.20	1.84	1.08	1.00	1.34	1.77	-0.35
Interest & Investment Income	-0.08	2.30	1.41	1.26	1.77	0.92	1.12	1.46	2.01	0.11
Other Income / (Expense), net	0.00	0.02	-0.06	-0.06	0.07	0.16	-0.12	-0.12	-0.24	-0.46
Income Tax Expense	1.74	1.01	1.60	1.69	7.15	1.12	0.55	1.42	-1.74	18
Basic Earnings per Share	($0.07)	($0.06)	($0.01)	($0.23)	$0.16	($0.21)	($0.25)	($0.21)	$0.08	($0.96)
Weighted Average Basic Shares Outstanding	23.61M	23.68M	23.63M	23.51M	23.48M	23.61M	23.48M	23.33M	23.17M	23.21M
Weighted Average Diluted Shares Outstanding	23.61M	23.63M	23.69M	23.58M	23.48M	23.56M	23.63M	23.42M	23.17M	23.19M
Weighted Average Basic & Diluted Shares Outstanding	23.81M	23.63M	23.69M	23.58M	23.63M	23.56M	23.63M	23.42M	23.42M	23.19M

This table details how cash moves in and out of CEVA's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Change in Cash & Equivalents	-4.79	2.00	-12
Net Cash From Operating Activities	3.47	-6.33	6.92
Net Cash From Continuing Operating Activities	3.47	-6.33	6.92
Net Income / (Loss) Continuing Operations	-8.79	-12	-23
Consolidated Net Income / (Loss)	-8.79	-12	-23
Depreciation Expense	3.05	2.89	3.19
Amortization Expense	0.17	1.87	4.77
Non-Cash Adjustments To Reconcile Net Income	13	-0.09	18
Changes in Operating Assets and Liabilities, net	-4.24	0.87	4.16
Net Cash From Investing Activities	-2.45	11	-15
Net Cash From Continuing Investing Activities	-2.45	11	-15
Purchase of Property, Plant & Equipment	-2.96	-2.88	-3.50
Acquisitions	0.00	-3.60	0.00
Purchase of Investments	-47	-40	-50
Divestitures	0.54	31	0.00
Sale and/or Maturity of Investments	40	23	21
Other Investing Activities, net	7.25	4.00	17
Net Cash From Financing Activities	-5.57	-2.77	-3.31
Net Cash From Continuing Financing Activities	-5.57	-2.77	-3.31
Repurchase of Common Equity	-8.46	-6.16	-6.79
Issuance of Common Equity	2.88	3.39	3.48
Effect of Exchange Rate Changes	-0.24	0.27	-0.37
Cash Income Taxes Paid	6.26	7.40	10

This table details how cash moves in and out of CEVA's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	5.27	-29	9.93	8.87	5.60	-28	7.88	17	-8.23	10
Net Cash From Operating Activities	8.04	0.40	2.38	-7.35	4.81	-1.28	-4.79	-5.08	3.40	1.82
Net Cash From Continuing Operating Activities	8.04	-17	8.83	3.58	4.81	-20	0.07	8.30	3.40	1.82
Net Income / (Loss) Continuing Operations	-1.74	-1.31	-0.29	-5.45	3.77	-4.96	-5.82	-4.87	1.94	-22
Consolidated Net Income / (Loss)	-1.74	-1.31	-0.29	-5.45	3.77	-4.96	-5.82	-4.87	1.94	-22
Depreciation Expense	0.89	0.71	0.74	0.70	0.69	0.73	0.72	0.74	0.87	0.73
Amortization Expense	-0.01	-0.76	0.47	0.47	0.11	0.34	0.72	0.70	0.93	1.27
Non-Cash Adjustments To Reconcile Net Income	9.91	-11	11	3.33	-5.30	-10	11	4.33	2.59	5.76
Changes in Operating Assets and Liabilities, net	-1.01	-4.99	-2.77	4.53	5.54	-5.58	-6.48	7.40	-2.93	16
Net Cash From Investing Activities	-1.39	-9.25	3.09	5.10	3.62	-7.16	7.83	6.54	-12	8.93
Net Cash From Continuing Investing Activities	-1.39	-9.25	3.09	5.10	3.62	-7.16	7.83	6.54	-12	8.93
Purchase of Property, Plant & Equipment	-1.03	-0.41	-0.61	-0.90	-0.76	-0.89	-1.13	-0.11	-0.58	-0.82
Purchase of Investments	-5.56	-11	-17	-13	-30	-8.07	-2.46	0.00	-23	-
Sale and/or Maturity of Investments	5.20	2.51	13	19	3.30	1.80	11	6.65	11	0.25
Net Cash From Financing Activities	-1.00	-2.85	-2.00	0.28	-3.16	-1.28	-	1.67	-	-0.57
Net Cash From Continuing Financing Activities	-1.00	-2.85	-2.00	0.28	-3.16	-1.28	-	1.67	-	-0.57
Repurchase of Common Equity	-1.00	-4.18	-2.00	-1.28	-3.16	-3.00	-	0.00	-	-2.33
Effect of Exchange Rate Changes	-0.39	-	-	-0.09	0.32	-	-	0.06	-	-
Cash Income Taxes Paid	2.33	2.42	0.64	0.87	1.33	2.20	2.01	1.86	1.90	3.32

This table presents CEVA's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Total Assets	309	304	308
Total Current Assets	216	209	178
Cash & Equivalents	18	23	20
Short-Term Investments	143	133	112
Accounts Receivable	37	30	30
Prepaid Expenses	15	13	6.79
Other Current Assets	2.03	11	6.11
Plant, Property, & Equipment, net	6.88	6.73	6.62
Total Noncurrent Assets	86	88	124
Long-Term Investments	0.31	0.41	0.41
Goodwill	58	58	57
Intangible Assets	1.88	2.97	2.39
Noncurrent Deferred & Refundable Income Taxes	1.46	1.61	8.48
Other Noncurrent Operating Assets	24	25	31
Total Liabilities & Shareholders' Equity	309	304	308
Total Liabilities	42	40	50
Total Current Liabilities	31	27	33
Accounts Payable	1.13	1.15	1.86
Accrued Expenses	6.24	5.80	6.55
Current Deferred Revenue	3.60	3.02	3.10
Current Employee Benefit Liabilities	17	14	18
Other Current Liabilities	2.60	2.51	2.68
Total Noncurrent Liabilities	12	13	16
Other Noncurrent Operating Liabilities	12	13	15
Total Equity & Noncontrolling Interests	267	264	259
Total Preferred & Common Equity	267	264	259
Preferred Stock	0.00	0.00	-
Total Common Equity	267	264	259
Common Stock	260	252	243
Retained Earnings	11	20	32
Treasury Stock	-3.22	-5.62	-9.90
Accumulated Other Comprehensive Income / (Loss)	-1.33	-2.33	-6.25

This table presents CEVA's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	305	300	301	296	300	311	295
Total Current Assets	211	207	206	171	175	181	171
Cash & Equivalents	13	25	21	17	28	24	30
Short-Term Investments	143	132	127	104	98	106	101
Accounts Receivable	39	36	34	31	32	35	27
Prepaid Expenses	14	13	13	6.83	7.75	8.77	8.13
Other Current Assets	2.01	2.11	11	10	10	6.16	6.06
Plant, Property, & Equipment, net	6.88	6.84	7.16	6.73	6.87	6.70	7.37
Total Noncurrent Assets	87	86	89	118	118	124	116
Long-Term Investments	0.31	0.29	0.35	0.33	0.17	0.29	0.65
Goodwill	58	58	58	58	77	75	75
Intangible Assets	2.13	2.41	2.69	3.25	6.91	6.00	7.55
Noncurrent Deferred & Refundable Income Taxes	1.69	1.32	1.24	9.99	8.94	9.43	4.67
Other Noncurrent Operating Assets	25	24	26	22	25	33	29
Total Liabilities & Shareholders' Equity	305	300	301	296	300	311	295
Total Liabilities	39	37	39	39	42	51	43
Total Current Liabilities	28	25	27	26	26	35	28
Accounts Payable	1.96	1.09	1.80	1.22	1.10	1.82	1.72
Accrued Expenses	6.01	6.05	4.98	5.46	5.56	7.28	5.94
Current Deferred Revenue	3.42	2.83	2.48	3.99	3.79	4.01	3.54
Current Employee Benefit Liabilities	14	12	15	12	13	19	15
Other Current Liabilities	2.57	-	-	2.57	2.90	2.86	2.24
Total Noncurrent Liabilities	11	12	12	14	16	16	14
Capital Lease Obligations	2.63	2.96	3.53	-	-	-	-
Other Noncurrent Operating Liabilities	8.78	8.67	8.81	12	16	16	14
Total Equity & Noncontrolling Interests	266	264	262	257	259	260	252
Total Preferred & Common Equity	266	264	262	257	259	260	252
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	266	264	262	257	259	260	252
Common Stock	257	254	253	249	244	243	239
Retained Earnings	13	14	15	16	21	27	30
Treasury Stock	-2.94	-1.92	-2.53	-3.00	-1.46	-4.67	-11
Accumulated Other Comprehensive Income / (Loss)	-0.96	-2.89	-2.72	-5.47	-5.58	-5.91	-6.76

This table displays calculated financial ratios and metrics derived from CEVA's official financial filings.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Growth Metrics	-	-	-
Revenue Growth	9.77%	-19.21%	5.93%
EBITDA Growth	49.20%	-193.22%	-43.13%
EBIT Growth	43.28%	-1,072.49%	-84.65%
NOPAT Growth	43.97%	26.83%	-803.88%
Net Income Growth	26.03%	48.76%	-5,954.29%
EPS Growth	27.45%	49.00%	-5,100.00%
Operating Cash Flow Growth	154.83%	-191.44%	-73.17%
Free Cash Flow Firm Growth	87.27%	-143.35%	2,227.66%
Invested Capital Growth	-3.08%	5.84%	-32.16%
Revenue Q/Q Growth	4.97%	1.26%	-1.82%
EBITDA Q/Q Growth	39.28%	-1,166.10%	-18.40%
EBIT Q/Q Growth	26.75%	-173.04%	-52.58%
NOPAT Q/Q Growth	27.49%	-252.73%	17.47%
Net Income Q/Q Growth	-167.78%	13.34%	-9.12%
EPS Q/Q Growth	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	1,334.30%	18.29%	-52.24%
Free Cash Flow Firm Q/Q Growth	74.25%	-196.46%	52.07%
Invested Capital Q/Q Growth	-6.57%	-3.32%	-16.01%
Profitability Metrics	-	-	-
Gross Margin	88.06%	88.04%	87.45%
EBITDA Margin	-4.14%	-8.94%	7.75%
Operating Margin	-7.06%	-13.82%	3.23%
EBIT Margin	-7.14%	-13.83%	1.15%
Profit (Net Income) Margin	-8.22%	-12.19%	-19.23%
Tax Burden Percent	318.91%	144.77%	-552.37%
Interest Burden Percent	36.06%	60.92%	303.03%
Effective Tax Rate	0.00%	0.00%	430.66%
Return on Invested Capital (ROIC)	-4.97%	-8.98%	-10.21%
ROIC Less NNEP Spread (ROIC-NNEP)	-2.77%	-7.42%	-2.94%
Return on Net Nonoperating Assets (RNNOA)	1.66%	4.44%	1.55%
Return on Equity (ROE)	-3.31%	-4.54%	-8.66%
Cash Return on Invested Capital (CROIC)	-1.84%	-14.65%	28.12%
Operating Return on Assets (OROA)	-2.49%	-4.40%	0.43%
Return on Assets (ROA)	-2.87%	-3.88%	-7.28%
Return on Common Equity (ROCE)	-3.31%	-4.54%	-8.66%
Return on Equity Simple (ROE_SIMPLE)	-3.30%	-4.49%	-8.96%
Net Operating Profit after Tax (NOPAT)	-5.28	-9.43	-13
NOPAT Margin	-4.94%	-9.68%	-10.68%
Net Nonoperating Expense Percent (NNEP)	-2.20%	-1.56%	-7.27%
Return On Investment Capital (ROIC_SIMPLE)	-1.98%	-3.57%	-4.98%
Cost of Revenue to Revenue	11.94%	11.96%	12.55%
SG&A Expenses to Revenue	15.78%	15.31%	11.76%
R&D to Revenue	66.97%	74.61%	58.31%
Operating Expenses to Revenue	95.12%	101.87%	84.22%
Earnings before Interest and Taxes (EBIT)	-7.64	-13	1.39
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-4.43	-8.71	9.34
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	2.80	2.02	2.29
Price to Tangible Book Value (P/TBV)	3.61	2.64	2.97
Price to Revenue (P/Rev)	6.97	5.49	4.92
Price to Earnings (P/E)	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	5.58	3.51	4.52
Enterprise Value to Revenue (EV/Rev)	5.46	3.89	3.82
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	49.29
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	332.52
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	168.11	0.00	66.51
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	12.98
Leverage & Solvency	-	-	-
Debt to Equity	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00
Financial Leverage	-0.60	-0.60	-0.53
Leverage Ratio	1.15	1.17	1.19
Compound Leverage Factor	0.42	0.71	3.60
Debt to Total Capital	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00
Altman Z-Score	11.59	9.07	8.29
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Current Ratio	7.09	7.79	5.34
Quick Ratio	6.51	6.93	4.87
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	-1.96	-15	35
Operating Cash Flow to CapEx	117.46%	-219.52%	197.89%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00
Efficiency Ratios	-	-	-
Asset Turnover	0.35	0.32	0.38
Accounts Receivable Turnover	3.17	3.24	4.21
Inventory Turnover	0.00	0.00	0.00
Fixed Asset Turnover	15.72	14.59	18.01
Accounts Payable Turnover	11.20	7.73	9.11
Days Sales Outstanding (DSO)	115.22	112.66	86.69
Days Inventory Outstanding (DIO)	0.00	0.00	0.00
Days Payable Outstanding (DPO)	32.58	47.21	40.08
Cash Conversion Cycle (CCC)	82.65	65.45	46.61
Capital & Investment Metrics	-	-	-
Invested Capital	105	108	102
Invested Capital Turnover	1.01	0.93	0.96
Increase / (Decrease) in Invested Capital	-3.32	5.95	-48
Enterprise Value (EV)	583	379	461
Market Capitalization	745	535	593
Book Value per Share	$11.28	$11.22	$11.16
Tangible Book Value per Share	$8.73	$8.62	$8.61
Total Capital	267	264	259
Total Debt	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00
Net Debt	-162	-156	-133
Capital Expenditures (CapEx)	2.96	2.88	3.50
Debt-free, Cash-free Net Working Capital (DFCFNWC)	24	27	12
Debt-free Net Working Capital (DFNWC)	186	182	144
Net Working Capital (NWC)	186	182	144
Net Nonoperating Expense (NNE)	3.50	2.45	10
Net Nonoperating Obligations (NNO)	-162	-156	-157
Total Depreciation and Amortization (D&A)	3.21	4.76	7.96
Debt-free, Cash-free Net Working Capital to Revenue	22.63%	27.20%	10.08%
Debt-free Net Working Capital to Revenue	173.76%	187.32%	119.71%
Net Working Capital to Revenue	173.76%	187.32%	119.71%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	($0.37)	($0.51)	($1.00)
Adjusted Weighted Average Basic Shares Outstanding	23.61M	23.48M	23.17M
Adjusted Diluted Earnings per Share	($0.37)	($0.51)	($1.00)
Adjusted Weighted Average Diluted Shares Outstanding	23.61M	23.48M	23.17M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	23.81M	23.63M	23.42M
Normalized Net Operating Profit after Tax (NOPAT)	-5.28	-9.43	5.22
Normalized NOPAT Margin	-4.94%	-9.68%	4.33%
Pre Tax Income Margin	-2.58%	-8.42%	3.48%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00
Payout Ratios	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%
Augmented Payout Ratio	-96.24%	-51.89%	-29.27%

This table displays calculated financial ratios and metrics derived from CEVA's official financial filings.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	20.95%	13.02%	24.06%	-15.95%	5.29%	-19.89%	-30.95%	-23.64%	-8.88%	-8.36%
EBITDA Growth	150.05%	-78.77%	127.94%	-197.37%	-125.04%	-82.53%	-456.02%	-192.04%	2.20%	-123.36%
EBIT Growth	102.84%	-1.80%	98.30%	-83.41%	-146.59%	9.13%	-468.37%	-312.82%	14.45%	-266.12%
NOPAT Growth	102.66%	3.42%	100.21%	-89.31%	-126.33%	-15.18%	-1,835.87%	-659.83%	71.52%	-861.37%
Net Income Growth	-146.06%	73.55%	95.00%	-11.82%	94.28%	77.78%	-418.08%	-187.26%	-49.97%	-13,255.69%
EPS Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Growth	67.09%	131.15%	149.72%	-44.80%	41.73%	-170.50%	41.00%	-151.67%	-69.04%	-71.63%
Free Cash Flow Firm Growth	142.71%	-127.36%	52.34%	-58.69%	-114.17%	-78.89%	16.58%	164.24%	1,289.21%	779.38%
Invested Capital Growth	-3.08%	0.28%	-15.33%	-6.89%	5.84%	-8.05%	-11.41%	-10.38%	-32.16%	-24.28%
Revenue Q/Q Growth	7.41%	-4.33%	28.84%	-8.65%	0.37%	5.02%	-12.72%	14.45%	-23.64%	-9.47%
EBITDA Q/Q Growth	136.00%	-336.03%	129.19%	-101.83%	-28.57%	63.11%	-210.66%	-117.00%	1,037.15%	-171.95%
EBIT Q/Q Growth	102.96%	-2,698.92%	98.15%	-85.04%	-6.10%	53.19%	-99.56%	-147.00%	306.93%	-192.82%
NOPAT Q/Q Growth	102.82%	-23,779.26%	100.22%	-77.97%	-2.58%	49.15%	-103.93%	-124.75%	548.78%	-754.71%
Net Income Q/Q Growth	-32.42%	-350.52%	94.66%	-244.55%	176.03%	14.80%	-19.42%	-351.13%	108.70%	-1,886.11%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	1,915.54%	-83.24%	132.38%	-252.71%	475.72%	73.24%	5.69%	-249.47%	86.90%	122.40%
Free Cash Flow Firm Q/Q Growth	256.74%	-110.54%	277.55%	137.69%	-200.42%	-41.32%	2.39%	-76.51%	49.57%	224.09%
Invested Capital Q/Q Growth	-6.57%	-0.70%	-6.08%	4.95%	-3.32%	-16.17%	3.29%	26.43%	-16.01%	-19.23%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	88.46%	85.44%	89.69%	88.66%	90.65%	90.21%	84.63%	86.64%	116.38%	81.16%
EBITDA Margin	3.27%	-9.75%	3.95%	-17.45%	-7.90%	-6.16%	-17.55%	-4.93%	33.20%	-2.71%
Operating Margin	0.25%	-9.64%	-0.12%	-22.47%	-11.53%	-11.29%	-23.31%	-9.98%	26.42%	-7.85%
EBIT Margin	0.26%	-9.57%	-0.33%	-22.74%	-11.23%	-10.62%	-23.83%	-10.42%	25.38%	-9.36%
Profit (Net Income) Margin	-5.94%	-4.82%	-1.02%	-24.68%	15.60%	-20.59%	-25.38%	-18.55%	8.45%	-74.22%
Tax Burden Percent	173,600.00%	431.25%	-22.16%	144.78%	-398.41%	303.55%	133.93%	380.03%	24.77%	824.24%
Interest Burden Percent	-1.30%	11.68%	-1,411.83%	74.96%	34.87%	63.86%	79.53%	46.84%	134.50%	96.16%
Effective Tax Rate	0.00%	0.00%	122.16%	0.00%	0.00%	0.00%	0.00%	0.00%	-22.23%	0.00%
Return on Invested Capital (ROIC)	0.18%	-6.15%	0.02%	-11.78%	-7.49%	-6.52%	-11.76%	-5.76%	30.86%	-4.79%
ROIC Less NNEP Spread (ROIC-NNEP)	1.30%	-6.50%	0.24%	-10.33%	-11.14%	-4.31%	-10.09%	-3.46%	34.73%	12.41%
Return on Net Nonoperating Assets (RNNOA)	-0.78%	3.72%	-0.13%	5.40%	6.67%	2.33%	4.71%	1.71%	-18.36%	-5.71%
Return on Equity (ROE)	-0.60%	-2.43%	-0.10%	-6.37%	-0.82%	-4.19%	-7.05%	-4.05%	12.50%	-10.50%
Cash Return on Invested Capital (CROIC)	-1.84%	-6.80%	10.63%	-1.75%	-14.65%	13.68%	10.00%	8.27%	28.12%	16.56%
Operating Return on Assets (OROA)	0.09%	-3.24%	-0.11%	-6.92%	-3.57%	-3.46%	-7.86%	-3.63%	9.61%	-3.76%
Return on Assets (ROA)	-2.07%	-1.63%	-0.34%	-7.51%	4.96%	-6.71%	-8.37%	-6.46%	3.20%	-29.77%
Return on Common Equity (ROCE)	-0.60%	-2.43%	-0.10%	-6.37%	-0.82%	-4.19%	-7.05%	-4.05%	12.50%	-10.50%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-1.23%	-2.63%	-4.75%	0.00%	-5.34%	-12.01%	-10.14%	0.00%	-8.42%
Net Operating Profit after Tax (NOPAT)	0.05	-1.84	0.01	-3.47	-1.95	-1.90	-3.74	-1.83	7.41	-1.65
NOPAT Margin	0.18%	-6.75%	0.03%	-15.73%	-8.07%	-7.90%	-16.32%	-6.98%	32.30%	-5.50%
Net Nonoperating Expense Percent (NNEP)	-1.12%	0.35%	-0.22%	-1.45%	3.65%	-2.21%	-1.67%	-2.29%	-3.86%	-17.19%
Return On Investment Capital (ROIC_SIMPLE)	0.02%	-	-	-	-0.74%	-	-	-	2.86%	-
Cost of Revenue to Revenue	11.54%	14.56%	10.31%	11.34%	9.35%	9.79%	15.37%	13.36%	-16.38%	18.84%
SG&A Expenses to Revenue	17.54%	17.06%	12.44%	16.18%	14.76%	14.99%	17.06%	14.57%	15.95%	10.83%
R&D to Revenue	57.75%	66.12%	65.96%	81.51%	75.10%	74.00%	78.77%	71.11%	61.36%	54.87%
Operating Expenses to Revenue	88.21%	95.09%	89.81%	111.13%	102.19%	101.50%	107.94%	96.62%	89.96%	89.01%
Earnings before Interest and Taxes (EBIT)	0.08	-2.60	-0.09	-5.02	-2.71	-2.56	-5.46	-2.74	5.82	-2.81
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	0.96	-2.65	1.12	-3.85	-1.91	-1.48	-4.02	-1.30	7.62	-0.81
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.80	2.15	1.72	2.05	2.02	1.79	2.31	2.74	2.29	2.42
Price to Tangible Book Value (P/TBV)	3.61	2.79	2.24	2.67	2.64	2.35	3.42	3.98	2.97	3.59
Price to Revenue (P/Rev)	6.97	5.61	4.61	5.76	5.49	4.76	5.86	6.34	4.92	4.96
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	5.58	3.73	2.69	3.29	3.51	3.01	3.55	4.51	4.52	3.94
Enterprise Value to Revenue (EV/Rev)	5.46	4.11	3.08	4.23	3.89	3.50	4.63	5.17	3.82	3.90
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	412.06	317.80	87.58	49.29	41.79
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	332.52	163.82
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	54.54	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	168.11	1,728.21	0.00	0.00	0.00	0.00	0.00	0.00	66.51	33.01
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	23.24	0.00	0.00	21.11	33.37	51.54	12.98	20.51
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.01	0.02	0.02	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.01	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.60	-0.57	-0.53	-0.52	-0.60	-0.54	-0.47	-0.49	-0.53	-0.46
Leverage Ratio	1.15	1.15	1.15	1.17	1.17	1.16	1.16	1.20	1.19	1.17
Compound Leverage Factor	-0.02	0.13	-16.23	0.88	0.41	0.74	0.93	0.56	1.60	1.13
Debt to Total Capital	0.00%	0.98%	2.07%	2.29%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.97%	0.98%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.98%	1.10%	1.31%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	99.02%	97.93%	97.71%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	-0.36	-0.91	-0.55	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	21.10	24.68	12.63	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	-0.36	-0.48	-0.31	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	-0.36	-0.76	-0.56	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	21.11	20.55	12.86	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	-0.36	-0.40	-0.32	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	11.67	9.86	8.58	9.27	9.18	7.96	9.59	9.36	8.34	9.71
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	7.09	7.60	8.30	7.69	7.79	6.67	6.71	5.15	5.34	6.10
Quick Ratio	6.51	7.03	7.68	6.79	6.93	5.93	6.01	4.73	4.87	5.59
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	3.38	-2.15	20	5.41	-7.90	7.87	13	13	56	37
Operating Cash Flow to CapEx	781.54%	96.38%	391.45%	-813.05%	632.46%	-143.61%	-425.13%	-4,834.29%	590.61%	221.32%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.35	0.34	0.33	0.30	0.32	0.33	0.33	0.35	0.38	0.40
Accounts Receivable Turnover	3.17	2.92	2.92	2.72	3.24	3.33	3.42	3.84	4.21	4.60
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	15.72	14.97	14.40	13.46	14.59	13.64	14.12	15.47	18.01	17.29
Accounts Payable Turnover	11.20	7.33	9.15	5.87	7.73	3.83	5.34	4.90	9.11	10.49
Days Sales Outstanding (DSO)	115.22	124.85	124.80	134.37	112.66	109.70	106.87	94.96	86.69	79.27
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	32.58	49.81	39.87	62.14	47.21	95.37	68.33	74.52	40.08	34.80
Cash Conversion Cycle (CCC)	82.65	75.04	84.93	72.23	65.45	14.33	38.54	20.44	46.61	44.46
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	105	112	113	120	108	112	133	129	102	121
Invested Capital Turnover	1.01	0.91	0.80	0.75	0.93	0.83	0.72	0.82	0.96	0.87
Increase / (Decrease) in Invested Capital	-3.32	0.32	-20	-8.88	5.95	-9.77	-17	-15	-48	-39
Enterprise Value (EV)	583	418	304	394	379	337	473	582	461	479
Market Capitalization	745	572	455	537	535	458	598	713	593	609
Book Value per Share	$11.28	$11.22	$11.19	$11.10	$11.22	$10.86	$11.04	$11.10	$11.16	$10.86
Tangible Book Value per Share	$8.73	$8.67	$8.61	$8.52	$8.62	$8.26	$7.47	$7.65	$8.61	$7.32
Total Capital	267	268	269	269	264	257	259	260	259	252
Total Debt	0.00	2.63	5.58	6.16	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	2.63	2.96	3.53	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-162	-154	-151	-142	-156	-122	-125	-131	-133	-131
Capital Expenditures (CapEx)	1.03	0.41	0.61	0.90	0.76	0.89	1.13	0.11	0.58	0.82
Debt-free, Cash-free Net Working Capital (DFCFNWC)	24	27	29	34	27	24	24	15	12	13
Debt-free Net Working Capital (DFNWC)	186	183	185	182	182	146	149	146	144	143
Net Working Capital (NWC)	186	183	182	179	182	146	149	146	144	143
Net Nonoperating Expense (NNE)	1.79	-0.53	0.30	1.98	-5.72	3.06	2.08	3.04	5.47	21
Net Nonoperating Obligations (NNO)	-162	-154	-151	-142	-156	-145	-125	-131	-157	-131
Total Depreciation and Amortization (D&A)	0.88	-0.05	1.22	1.17	0.81	1.07	1.44	1.44	1.80	2.00
Debt-free, Cash-free Net Working Capital to Revenue	22.63%	26.39%	28.96%	35.99%	27.20%	25.27%	23.42%	13.25%	10.08%	10.50%
Debt-free Net Working Capital to Revenue	173.76%	179.62%	187.25%	194.84%	187.32%	151.32%	145.96%	129.41%	119.71%	116.52%
Net Working Capital to Revenue	173.76%	179.62%	184.60%	192.01%	187.32%	151.32%	145.96%	129.41%	119.71%	116.52%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.07)	($0.06)	($0.01)	($0.23)	$0.16	($0.21)	($0.25)	($0.21)	$0.08	($0.96)
Adjusted Weighted Average Basic Shares Outstanding	23.61M	23.68M	23.63M	23.51M	23.48M	23.61M	23.48M	23.33M	23.17M	23.21M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	($0.21)	$0.00	($0.96)
Adjusted Weighted Average Diluted Shares Outstanding	23.61M	23.63M	23.69M	23.58M	23.48M	23.56M	23.63M	23.33M	23.17M	23.21M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	23.81M	23.63M	23.69M	23.58M	23.63M	23.56M	23.63M	23.42M	23.42M	23.19M
Normalized Net Operating Profit after Tax (NOPAT)	0.05	-1.84	-0.02	-3.47	-1.95	-1.90	-3.74	-1.83	4.24	0.84
Normalized NOPAT Margin	0.18%	-6.75%	-0.09%	-15.73%	-8.07%	-7.90%	-16.32%	-6.98%	18.50%	2.79%
Pre Tax Income Margin	0.00%	-1.12%	4.62%	-17.05%	-3.92%	-6.78%	-18.95%	-4.88%	34.13%	-9.01%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-96.24%	-323.56%	-136.26%	-59.75%	-51.89%	-21.91%	-7.50%	0.00%	-29.27%	-31.94%

Frequently Asked Questions About CEVA's Financials

When does CEVA's financial year end?

According to the most recent income statement we have on file, CEVA's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has CEVA's net income changed over the last 2 years?

CEVA's net income appears to be on a downward trend, with a most recent value of -$8.79 million in 2024, falling from -$23.18 million in 2022. The previous period was -$11.88 million in 2023. See where experts think CEVA is headed by visiting CEVA's forecast page.

What is CEVA's operating income?

CEVA's total operating income in 2024 was -$7.55 million, based on the following breakdown:

Total Gross Profit: $94.17 million
Total Operating Expenses: $101.72 million

How has CEVA revenue changed over the last 2 years?

Over the last 2 years, CEVA's total revenue changed from $120.58 million in 2022 to $106.94 million in 2024, a change of -11.3%.

How much debt does CEVA have?

CEVA's total liabilities were at $42.39 million at the end of 2024, a 6.7% increase from 2023, and a 14.5% decrease since 2022.

How much cash does CEVA have?

In the past 2 years, CEVA's cash and equivalents has ranged from $18.50 million in 2024 to $23.29 million in 2023, and is currently $18.50 million as of their latest financial filing in 2024.

How has CEVA's book value per share changed over the last 2 years?

Over the last 2 years, CEVA's book value per share changed from 11.16 in 2022 to 11.28 in 2024, a change of 1.1%.

Related Companies

This page (NASDAQ:CEVA) was last updated on 5/22/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

CEVA (CEVA) Financials

Frequently Asked Questions About CEVA's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

CEVA (CEVA) Financials

Annual Income Statements for CEVA

Quarterly Income Statements for CEVA

Annual Cash Flow Statements for CEVA

Quarterly Cash Flow Statements for CEVA

Annual Balance Sheets for CEVA

Quarterly Balance Sheets for CEVA

Annual Metrics And Ratios for CEVA

Quarterly Metrics And Ratios for CEVA

Frequently Asked Questions About CEVA's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools