Grufity logoGrufity logo

Outbrain Inc. Stock Research

OB

3.96USD-0.19(-4.58%)Delayed

Market Summary

USD3.96-0.19
Delayed
-4.58%

OB Stock Price

OB RSI Chart

OB Valuation

Market Cap

206.8M

Price/Earnings (Trailing)

-8.41

Price/Sales (Trailing)

0.21

EV/EBITDA

1.9K

Price/Free Cashflow

-21.63

OB Price/Sales (Trailing)

OB Profitability

Operating Margin

20.71%

EBT Margin

-1.11%

Return on Equity

9.83%

Return on Assets

2.94%

Free Cashflow Yield

-4.62%

OB Fundamentals

OB Revenue

Revenue (TTM)

992.1M

Revenue Y/Y

-10.94%

Revenue Q/Q

12.64%

OB Earnings

Earnings (TTM)

-24.6M

Earnings Y/Y

-119.89%

Earnings Q/Q

-67.58%

Price Action

52 Week Range

3.3311.54
(Low)(High)

Last 7 days

-6.2%

Last 30 days

-20.2%

Last 90 days

10.9%

Trailing 12 Months

-64.1%

OB Financial Health

Current Ratio

1.81

Debt/Equity

1.05

Debt/Cashflow

-0.07

OB Investor Care

Buy Backs (1Y)

7.89%

Diluted EPS (TTM)

-0.44

Financials for Outbrain

Income Statement (Last 12 Months)
(In Thousands)
* denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue-3.1%992,0821,023,7851,045,5521,041,8221,015,630
Gross Profit-9.1%192,653212,024230,379240,722240,260
Operating Expenses-3.1%206,201212,865230,563220,872205,704
  S&GA Expenses-2.0%108,816111,054110,249103,31395,786
  R&D Expenses-5.1%40,32042,46643,21441,16939,169
EBITDA118.2%6,841-37,650-15,806--
EBITDA Margin118.6%0.01*-0.04*-0.02*--
Earnings Before Taxes-63.7%-18,573-11,348-54,453-29,770-14,535
EBT Margin78.7%-0.01*-0.05*-0.03*--
Interest Expenses-0.9%7,6257,6977,4295,6653,964
Net Income-211.1%-24,58122,122-27,160-1,64110,995
Net Income Margin183.2%0.02*-0.03*0.00*--
Free Cahsflow-402.1%-34,29111,34936,402--
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets3.7%781753794804796
  Current Assets3.8%501482603616676
    Cash Equivalents-23.3%106138391411455
  Net PPE5.7%30.0028.00---
  Goodwill0%63.0063.0063.0063.0033.00
Liabilities6.7%563528548543539
  Current Liabilities12.9%300266284277288
  Long Term Debt0%236236236236236
Shareholder's Equity-3.2%218225247262257
  Retained Earnings-2.8%-179-174-169-159-157
  Additional Paid-In Capital0.7%456453449444435
Accumulated Depreciation4.0%77.0074.00---
Shares Outstanding-2.5%52.0054.0057.0058.0057.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations121.7%4.00-17.5831.0049.0057.00
  Share Based Compensation-14.9%12.0014.0029.0028.0026.00
Cashflow From Investing-12.2%-317-283-65.61-58.08-20.10
Cashflow From Financing18.0%-31.70-38.68319326326
  Buy Backs-34.9%33.0050.0029.0014.00-

Risks for OB

What is the probability of a big loss on OB?

90.9%


Probability that Outbrain stock will be more than 20% underwater in next one year

76.1%


Probability that Outbrain stock will be more than 30% underwater in next one year.

69.3%


Probability that Outbrain stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does OB drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Outbrain was unfortunately bought at previous high price.

Drawdowns

Returns for OB

Cumulative Returns on OB

Which funds bought or sold OB recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-02-28
Voya Investment Management LLC
reduced
-2.67
-2,573
54,427
-%
2023-02-15
Jasper Ridge Partners, L.P.
unchanged
-
-318
64,682
-%
2023-02-15
MetLife Investment Management, LLC
new
-
80,610
80,610
-%
2023-02-15
Metropolitan Life Insurance Co/NY
new
-
9,506
9,506
-%
2023-02-15
JANE STREET GROUP, LLC
new
-
132,155
132,155
-%
2023-02-15
Virtu Financial LLC
new
-
92,000
92,000
0.01%
2023-02-15
ALLIANCEBERNSTEIN L.P.
new
-
41,992
41,992
-%
2023-02-15
CI Private Wealth, LLC
new
-
50,329
50,329
-%
2023-02-15
Altshuler Shaham Ltd
sold off
-100
-596,000
-
-%
2023-02-14
Graham Capital Management, L.P.
sold off
-100
-170,000
-
-%

1–10 of 46

Latest Funds Activity

Are funds buying OB calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own OB
No. of Funds

Outbrain News

Defense World

Outbrain (NYSE:OB) Upgraded by StockNews.com to “Hold”.

Defense World,
2 days ago

Defense World

Seeking Alpha

TrueCar Q4 2022 Earnings Preview.

Seeking Alpha,
33 days ago

Schedule 13G FIlings of Outbrain

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
eggers barry
0%
0
SC 13G/A
Feb 13, 2023
baupost group llc/ma
15.47%
9,593,231
SC 13G/A
May 31, 2022
bertelsmann se & co. kgaa
6.30%
3,603,179
SC 13G
Feb 14, 2022
viola ventures iii, l.p.
11.4%
6,345,789
SC 13G
Feb 14, 2022
eggers barry
11.4%
6,306,314
SC 13G
Feb 07, 2022
gemini israel iv limited partnership
7.0%
3,897,152
SC 13G

OB Fair Value

Recent SEC filings of Outbrain

View All Filings
Date Filed Form Type Document
Mar 15, 2023
10-K
Annual Report
Mar 15, 2023
S-8
Employee Benefits Plan
Mar 09, 2023
4
Insider Trading
Mar 09, 2023
4
Insider Trading
Mar 09, 2023
4
Insider Trading
Mar 09, 2023
4
Insider Trading
Mar 08, 2023
3
Insider Trading
Mar 03, 2023
3/A
Insider Trading
Mar 03, 2023
3/A
Insider Trading
Mar 02, 2023
8-K
Current Report

Latest Insider Trading transactions for OB

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-07
Galai Yaron
sold (taxes)
-6,802
4.77
-1,426
co-founder and co-ceo
2023-03-07
Kostman David
sold (taxes)
-10,193
4.77
-2,137
co-chief executive officer
2023-03-07
Bradshaw Wenkai
sold (taxes)
-2,654
4.77414
-556
cao & vp corporate controller
2023-03-07
Kiviat Jason
sold (taxes)
-13,561
4.77
-2,843
chief financial officer
2023-01-06
Galai Yaron
sold (taxes)
-6,822
4.03
-1,693
co-founder and co-ceo
2023-01-06
Kostman David
sold (taxes)
-10,232
4.03
-2,539
co-chief executive officer
2023-01-06
Kiviat Jason
sold (taxes)
-1,857
4.03
-461
chief financial officer
2023-01-06
Bradshaw Wenkai
sold (taxes)
-1,857
4.03
-461
cao & vp corporate controller
2022-12-07
Bradshaw Wenkai
sold (taxes)
-1,993
3.58518
-556
cao & vp corporate controller
2022-12-07
Kiviat Jason
sold (taxes)
-10,292
3.61
-2,851
chief financial officer

1–10 of 50

Yaron M. Galai
1020
Outbrain Inc., together with its subsidiaries, operates an online content recommendation platform worldwide. It offers Outbrain Engage, a product suite for media partners that provides personalized feeds and data-driven recommendations, as well as a solution to maximize user engagement. The company's Outbrain Engage solution also includes a web-based dashboard to manage and control various aspects of the platform, including content, formats, sources, frequency, and categories of ads delivered on their properties, as well as monetizes the content through customized data-driven advertising. It also provides Outbrain Amplify, a product suite for advertisers that provides an open web platform that helps users to connect with audiences on premium digital properties. The company's Outbrain Amplify solution also provides advertisers with access to ad inventory that support various formats, including text and image, video, interactive carousel, app install, and other forms of direct response; and ads optimized for engagement. Outbrain Inc. was incorporated in 2006 and is headquartered in New York, New York.

OB Income Statement

2022-12-31
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]   
Revenue$ 992,082$ 1,015,630$ 767,142
Cost of revenue:   
Traffic acquisition costs757,321743,579572,802
Other cost of revenue42,10831,79129,278
Total cost of revenue799,429775,370602,080
Gross profit192,653240,260165,062
Operating expenses:   
Research and development40,32039,16928,961
Sales and marketing108,81695,78677,570
General and administrative57,06570,74948,354
Total operating expenses206,201205,704154,885
(Loss) income from operations(13,548)34,55610,177
Other expense, net:   
Charges related to exchange of senior notes upon IPO0(42,049)0
Interest expense(7,625)(3,964)(832)
Interest income and other (expense) income, net2,600(3,078)(1,695)
Total other expense, net(5,025)(49,091)(2,527)
(Loss) income before provision (benefit) for income taxes(18,573)(14,535)7,650
Provision (benefit) for income taxes6,008(25,530)3,293
Net (loss) income$ (24,581)$ 10,995$ 4,357
Weighted average shares outstanding:   
Basic (in shares)55,615,38535,159,75716,816,178
Diluted (in shares)55,615,38553,894,34720,186,802
Net (loss) income per common share:   
Basic (in usd per share)$ (0.44)$ 0.31$ 0.10
Diluted (in usd per share)$ (0.44)$ 0.20$ 0.08

OB Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 105,580$ 455,397
Short-term investments in marketable securities166,9050
Accounts receivable, net of allowances181,258192,814
Prepaid expenses and other current assets46,76127,873
Total current assets500,504676,084
Non-current assets:  
Long-term investments in marketable securities78,7610
Total property, equipment and capitalized software, net39,89028,008
Operating lease right-of-use assets, net11,0650
Intangible assets, net24,5745,719
Goodwill63,06332,881
Deferred tax assets35,73532,867
Other assets27,55620,331
TOTAL ASSETS781,148795,890
Current Liabilities:  
Accounts payable147,653160,790
Accrued compensation and benefits19,66223,331
Accrued and other current liabilities126,09299,590
Deferred revenue6,6984,784
Total current liabilities300,105288,495
Non-current liabilities:  
Long-term debt236,000236,000
Operating lease liabilities, non-current8,4450
Other liabilities18,81214,620
TOTAL LIABILITIES563,362539,115
Commitments and Contingencies (Note 9)
STOCKHOLDERS’ EQUITY:  
Common stock, par value of $0.001 per share − 1,000,000,000 shares authorized, 60,175,020 shares issued and 52,226,745 shares outstanding as of December 31, 2022; 1,000,000,000 shares authorized, 58,015,075 share issued and 56,701,394 shares outstanding as of December 31, 2021.6058
Preferred stock, par value of $0.001 per share − 100,000,000 shares authorized, none issued and outstanding as of December 31, 2022 and December 31, 202100
Additional paid-in capital455,831434,945
Treasury stock, at cost − 7,948,275 shares as of December 31, 2022 and 1,313,681 shares as of December 31, 2021(49,168)(16,504)
Accumulated other comprehensive loss(9,913)(4,474)
Accumulated deficit(179,024)(157,250)
TOTAL STOCKHOLDERS’ EQUITY217,786256,775
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY$ 781,148$ 795,890