NEXN (Nexxen International Ltd.) Stock Financials & Earnings | Market Cap Arena

NEXN (Nexxen International Ltd.) Stock Financials & Earnings | Market Cap Arena

NEXNNexxen International Ltd.

Mkt Cap$466M

Communication Services·Advertising Agencies·🇮🇱 Israel·NASDAQ

Revenue (TTM)$365M

Net Income (TTM)$25M

EPS (TTM)$0.42

Free Cash Flow (TTM)$104M

Gross Margin71.9%

Op. Margin8.9%

Net Margin6.9%

FCF Margin28.4%

P/S Ratio (TTM)1.3x

P/E Ratio (TTM)18.6x

YoY Rev Growth-0.2%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$72M	$56M	-$15M
Q2 23	$84M	$70M	-$8M
Q3 23	$80M	$66M	-$3M
Q4 23	$96M	$78M	$10M
Q1 24	$74M	$44M	-$7M
Q2 24	$89M	$58M	$8M
Q3 24	$90M	$76M	$16M
Q4 24	$112M	$95M	$25M
Q1 25	$78M	$52M	$3M
Q2 25	$91M	$79M	$9M
Q3 25	$95M	$62M	$7M
Q4 25	$101M	$69M	$13M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	1.4x	—
Q2 23	1.4x	—
Q3 23	1.4x	—
Q4 23	1.4x	—
Q1 24	1.4x	—
Q2 24	1.4x	—
Q3 24	1.3x	33.7x
Q4 24	1.3x	13.2x
Q1 25	1.3x	10.6x
Q2 25	1.3x	9.4x
Q3 25	1.2x	11.8x
Q4 25	1.3x	18.6x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	-$8M	-$14M
Q2 23	$12M	$9M
Q3 23	$13M	$8M
Q4 23	$44M	$38M
Q1 24	$38M	$31M
Q2 24	$21M	$17M
Q3 24	$40M	$35M
Q4 24	$53M	$49M
Q1 25	$19M	$17M
Q2 25	$17M	$15M
Q3 25	$39M	$34M
Q4 25	$41M	$38M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$6M
Q2 23	$3M
Q3 23	$5M
Q4 23	$5M
Q1 24	$6M
Q2 24	$4M
Q3 24	$5M
Q4 24	$4M
Q1 25	$2M
Q2 25	$3M
Q3 25	$5M
Q4 25	$3M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	-11.3%	+30.7%
Q2 23	+11.1%	+52.8%
Q3 23	+13.0%	+25.1%
Q4 23	-10.9%	-10.9%
Q1 24	+3.8%	-6.9%
Q2 24	+5.1%	-12.4%
Q3 24	+12.6%	-11.5%
Q4 24	+17.1%	+1.4%
Q1 25	+5.2%	-7.5%
Q2 25	+2.7%	+1.9%
Q3 25	+5.1%	+18.4%
Q4 25	-10.3%	+0.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$7M	9.9%
Q2 23	$6M	7.7%
Q3 23	$4M	5.3%
Q4 23	$1M	1.4%
Q1 24	$3M	3.5%
Q2 24	$3M	3.9%
Q3 24	$3M	2.9%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$6M	6.3%
Q3 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	R&D	G&A	S&M	SG&A
Q1 23	$13M	$12M	$29M	—
Q2 23	$14M	$15M	$27M	—
Q3 23	$13M	$11M	$26M	—
Q4 23	$10M	$8M	$24M	—
Q1 24	$12M	$11M	$27M	—
Q2 24	$13M	$8M	$30M	—
Q3 24	$12M	$8M	$28M	—
Q4 24	$13M	$13M	$28M	—
Q1 25	$13M	—	—	$36M
Q2 25	$15M	$8M	$31M	—
Q3 25	$15M	—	—	$40M
Q4 25	$16M	—	—	$40M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$190M	$0	$190M
Q2 23	$195M	$0	$195M
Q3 23	$199M	$0	$199M
Q4 23	$234M	$0	$234M
Q1 24	$245M	$0	$245M
Q2 24	$152M	$0	$152M
Q3 24	$167M	$0	$167M
Q4 24	$187M	$0	$187M
Q1 25	$165M	$0	$165M
Q2 25	$131M	$0	$131M
Q3 25	$117M	$0	$117M
Q4 25	$133M	$0	$133M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	71M	+12.0%
Q2 23	71M	-0.1%
Q3 23	72M	+1.4%
Q4 23	73M	+1.1%
Q1 24	70M	-4.2%
Q2 24	71M	+1.6%
Q3 24	73M	+2.3%
Q4 24	70M	-3.6%
Q1 25	63M	-9.5%
Q2 25	62M	-2.2%
Q3 25	58M	-7.0%
Q4 25	59M	+1.5%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	—	—
FY 15	—	—
FY 16	—	—
FY 17	—	—
FY 18	—	—
FY 19	—	—
FY 20	—	—
FY 21	—	—
FY 22	—	—
FY 23	—	—
FY 24	$428K	854
FY 25	$401K	909