Sapiens International Corporation N.V. (SPNS) — Financial statements
Income statement, balance sheet, and cash flow for Sapiens International Corporation N.V. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 542↑5.4% | 515↑8.4% | 475↑3.0% | 461↑20.4% | 383 | |
| Cost of Revenue | 298↑1.1% | 295↑7.4% | 275↑0.5% | 273↑20.4% | 227 | |
| Gross Profit | 244↑11.2% | 220↑9.7% | 200↑6.6% | 188↑20.4% | 156 | |
| Operating Expenses | ||||||
| R&D Expenses | 72↑4.6% | 69↑7.4% | 64↑19.4% | 54↑12.7% | 48 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 80↑11.6% | 72 | 0.00↓100.0% | 76 | 0.00 | |
| Other Expenses | 0.00↑100.0% | -0.57↓100.8% | 69 | 0.00↓100.0% | 63 | |
| Operating Expenses | 153↑8.6% | 141↑5.3% | 134↑2.5% | 130↑17.5% | 111 | |
| Total Costs & Expenses | 451↑3.5% | 436↑6.7% | 408↑1.2% | 404↑19.4% | 338 | |
| Operating Results | ||||||
| Operating Income | 91↑15.9% | 79↑18.6% | 66↑15.7% | 57↑27.7% | 45 | |
| Depreciation & Amortization | 14↓10.9% | 16↓4.5% | 16↓21.9% | 21↑24.8% | 17 | |
| EBITDA | 104↑9.8% | 95↑14.4% | 83↓1.5% | 84↑32.7% | 63 | |
| EBIT | 90↑13.9% | 79↑19.1% | 66↑5.3% | 63↑35.5% | 47 | |
| Interest & Other Income | ||||||
| Net Interest Income | 5↑94.7% | 3↑265.6% | -2↑45.9% | -3↑44.3% | -5 | |
| Interest Income | 5↑85.6% | 3 | 0.00↓100.0% | 0.89↑133.4% | 0.38 | |
| Interest Expense | 0.40↑16.2% | 0.34↓78.4% | 2↓58.5% | 4↓32.3% | 6 | |
| Non-Operating Income | 1↑456.6% | -0.33 | 0.00↑100.0% | -6↓257.1% | -2 | |
| Other Income / Expenses | -2↑11.2% | -2↓86.0% | -0.94↓365.8% | -0.20↑94.7% | -4 | |
| Income Before Tax | 90↑16.5% | 77↑17.6% | 66↑14.4% | 57↑39.1% | 41 | |
| Income Tax Expense | 18↑22.8% | 14↑12.9% | 13↑26.6% | 10↑41.5% | 7 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 72↑15.0% | 63↑18.8% | 53↑11.9% | 47↑38.5% | 34 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 72↑15.6% | 62↑18.7% | 53↑11.5% | 47↑39.7% | 34 | |
| Bottom-Line Net Income | 72↑15.6% | 62↑18.7% | 53↑11.5% | 47↑39.7% | 34 | |
| EPS (Basic) | 1.29↑14.2% | 1.13↑18.9% | 0.95↑10.5% | 0.86↑30.3% | 0.66 | |
| EPS (Diluted) | 1.29↑15.2% | 1.12↑17.9% | 0.95↑11.8% | 0.85↑30.8% | 0.65 | |
| Weighted Average Shares | 56↑0.8% | 55↑0.5% | 55↑0.6% | 55↑7.0% | 51 | |
| Weighted Average Diluted Shares | 56↑0.8% | 56↑0.3% | 56↓0.0% | 56↑6.6% | 52 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.