Varonis Systems (NASDAQ:VRNS)
32.69 USD
-0.560 1.684%Sponsored Reports
| Previous Close (in USD) | 33.25 |
|---|---|
| Change | -0.560 1.684% |
| 52 W H/L (in USD) | 52.880/24.660 |
| EBITDA (in USD) | -110.019M |
| PE Ratio | -- |
| Volume | 1599127 |
| Diluted Eps TTM | -0.96 |
| Total Assets (in USD) | 1103.91M |
|---|---|
| Total Liabilities (in USD) | 614.262M |
| Revenue TTM (in USD) | 505.847M |
| Cash (in USD) | 230.74M |
| Market Cap (in USD) | 5,097.917 M |
| Revenue Per Share TTM | 4.618 |
| Gross Profit TTM (in USD) | 403.798M |
Summary
Income Statement
Balance Sheet
Change in Cash
Operating Cash
Varonis Systems
Employees: 2233
Key Executives
| Sr. No. | Name | Title | Year Born |
|---|---|---|---|
| 1. | Mr. Rob Sobers | Chief Marketing Officer | NA |
| 2. | Ms. Dana Shahar-Gara | Chief HR Officer | 1974 |
| 3. | Mr. Yakov Faitelson | Co-Founder, Chairman, CEO & Pres | 1975 |
| 4. | Mr. Ohad Korkus | Co-Founder & Independent Director | 1979 |
| 5. | Mr. Guy Melamed | CFO & COO | 1980 |
| 6. | Mr. David Bass | Exec. VP of Engineering & CTO | 1978 |
| 7. | Mr. Gilad Raz | Chief Information Officer & VP of Technical Services | 1976 |
| 8. | Mr. James O'Boyle | Sr. VP of Worldwide Sales | 1964 |
| 9. | Mr. Tim Perz CPA | Mang. of Investor Relations | NA |
| 10. | Mr. Dov Gottlieb | VP, Gen. Counsel & Corp. Sec. | 1976 |
Peers
Sector: Technology
Industry: Software - Infrastructure
| Company | Change (USD) | Price (USD) | Trailing PE(x) | Forward PE(x) | Price Sales TTM(x) | Price to Book Value(x) | Enterprise Value to Revenue(x) | Enterprise Value to EBITDA(x) |
|
MSFT
Microsoft Corporation |
-11.380 2.659% | 428.34 | 37.320 | 29.940 | 13.031 | 12.447 | 13.064 | 24.586 |
|
ORCL
Oracle Corporation |
-22.660 9.588% | 229.49 | 29.340 | 18.657 | 5.545 | 74.056 | 7.097 | 18.125 |
|
CRWD
Crowdstrike Holdings Inc |
-48.070 6.685% | 696.74 | 0.000 | 89.286 | 23.697 | 24.806 | 21.913 | 577.823 |
|
PANW
Palo Alto Networks Inc |
-7.200 2.578% | 278.99 | 44.570 | 45.045 | 11.979 | 20.695 | 11.821 | 77.109 |
Income Statement
(Currency in USD)| Breakdown | 31-12-2022 | 31-12-2021 | 31-12-2020 | 31-12-2019 | 31-12-2018 |
|---|---|---|---|---|---|
| Income Before Tax | -110.815M | -110.839M | -85.898M | -76.376M | -28.165M |
| Minority Interest | - | - | - | - | - |
| Net Income | -124.518M | -116.861M | -94.01M | -78.764M | -28.578M |
| Selling General Administrative | 72.055M | 61.233M | 47.578M | 44.371M | 33.46M |
| Gross Profit | 403.798M | 330.735M | 248.428M | 219.046M | 242.605M |
| Reconciled Depreciation | 12.176M | 10.888M | 9.903M | 15.344M | 4.156M |
| Ebit | -121.228M | -98.694M | -78.415M | -75.987M | -29.135M |
| Ebitda | -109.052M | -87.806M | -68.512M | -60.643M | -24.979M |
| Depreciation And Amortization | 12.176M | 10.888M | 9.903M | 15.344M | 4.156M |
| Operating Income | -121.228M | -98.694M | -78.415M | -75.987M | -29.135M |
| Other Operating Expenses | 594.862M | 488.828M | 371.104M | 330.177M | 299.423M |
| Interest Expense | 3.167M | 12.145M | 6.113M | 0.389M | 0M |
| Tax Provision | 13.703M | 6.022M | 8.112M | 2.388M | 0.413M |
| Interest Income | 10.414M | 0.164M | 0.674M | 2.034M | 1.741M |
| Net Interest Income | 10.413M | -12.145M | -7.483M | 1.836M | 1.544M |
| Income Tax Expense | 13.703M | 6.022M | 8.112M | 2.388M | 0.413M |
| Total Revenue | 473.634M | 390.134M | 292.689M | 254.19M | 270.288M |
| Total Operating Expenses | 525.026M | 429.429M | 326.843M | 295.033M | 271.74M |
| Cost Of Revenue | 69.836M | 59.399M | 44.261M | 35.144M | 27.683M |
| Total Other Income Expense Net | 10.413M | -12.145M | -7.483M | -0.389M | -0.574M |
| Net Income From Continuing Ops | -124.518M | -116.861M | -94.01M | -78.764M | -28.578M |
| Net Income Applicable To Common Shares | -124.518M | -116.861M | -94.01M | -78.764M | -28.578M |
Balance Sheet
(Currency in USD)| Breakdown | 31-12-2023 | 31-12-2022 | 31-12-2021 | 31-12-2020 | 31-12-2019 |
|---|---|---|---|---|---|
| Total Assets | 1103.91M | 1043.732M | 1108.537M | 555.482M | 318.312M |
| Intangible Assets | 1.263M | 2.788M | 4.313M | 5.846M | - |
| Other Current Assets | 27.226M | 37.19M | 34.417M | 27.357M | 13.047M |
| Total Liab | 614.262M | 541.607M | 511.944M | 461.411M | 224.78M |
| Total Stockholder Equity | 489.648M | 502.125M | 596.593M | 94.071M | 93.532M |
| Other Current Liab | 115.008M | 105.359M | 0.062M | 83.198M | 0.673M |
| Common Stock | 0.109M | 0.108M | 0.108M | 0.032M | 0.031M |
| Capital Stock | 0.109M | 0.108M | 0.108M | 0.032M | 0.031M |
| Retained Earnings | -644.39M | -543.474M | -427.603M | -310.742M | -216.732M |
| Good Will | 23.135M | 23.135M | 23.135M | 23.135M | - |
| Other Assets | - | 16.337M | 19.835M | 21.566M | 18.36M |
| Cash | 230.74M | 367.8M | 805.761M | 234.092M | 68.929M |
| Cash And Equivalents | - | - | - | - | - |
| Total Current Liabilities | 306.778M | 228.743M | 211.771M | 182.636M | 159.579M |
| Current Deferred Revenue | 181.049M | 110.55M | 104.221M | 98.588M | 95.975M |
| Net Debt | 81.099M | -51.338M | -511.737M | 38.908M | -11.889M |
| Short Term Debt | 10.049M | 9.872M | 102.164M | - | 61.934M |
| Short Long Term Debt | - | - | - | - | - |
| Short Long Term Debt Total | 311.839M | 316.462M | 294.024M | 273M | 57.04M |
| Other Stockholder Equity | 1142.578M | 1055.048M | 1018.005M | 395.41M | 310.682M |
| Property Plant Equipment | - | 39.043M | 102.047M | 37.163M | 36.338M |
| Total Current Assets | 767.157M | 905.657M | 959.207M | 419.848M | 208.557M |
| Long Term Investments | 211.063M | - | - | - | - |
| Short Term Investments | 302.975M | 364.688M | 1.85M | 64.17M | 51.531M |
| Net Receivables | 184.522M | 135.979M | 117.179M | 94.229M | 75.05M |
| Long Term Debt | 250.477M | 248.963M | 225.33M | 218.46M | - |
| Inventory | 21.694M | - | 31.084M | - | - |
| Accounts Payable | 0.672M | 2.962M | 5.324M | 0.85M | 0.997M |
| Accumulated Other Comprehensive Income | -8.649M | -9.557M | 6.083M | 9.371M | -0.449M |
| Non Currrent Assets Other | 15.49M | 16.337M | 19.835M | 21.566M | 18.36M |
| Non Current Assets Total | 336.753M | 138.075M | 149.33M | 135.634M | 109.755M |
| Capital Lease Obligations | 61.362M | 57.627M | 68.694M | 54.54M | 57.04M |
| Long Term Debt Total | - | 248.963M | 225.33M | 218.46M | - |
Cash Flow
(Currency in USD)| Breakdown | 31-12-2022 | 31-12-2021 | 31-12-2020 | 31-12-2019 | 31-12-2018 |
|---|---|---|---|---|---|
| Investments | -236.271M | 64.869M | -12.657M | 58.705M | -30.319M |
| Total Cashflows From Investing Activities | -374.251M | 54.379M | -54.748M | 33.303M | -40.188M |
| Total Cash From Financing Activities | -75.581M | 510.112M | 225.753M | -2.398M | 8.114M |
| Net Income | -124.518M | -116.861M | -94.01M | -78.764M | -28.578M |
| Change In Cash | -437.961M | 571.669M | 165.163M | 20.222M | -8.529M |
| Begin Period Cash Flow | 805.761M | 234.092M | 68.929M | 48.707M | 57.236M |
| End Period Cash Flow | 367.8M | 805.761M | 234.092M | 68.929M | 48.707M |
| Total Cash From Operating Activities | 11.871M | 7.178M | -5.842M | -10.683M | 23.545M |
| Depreciation | 12.176M | 10.888M | 9.903M | 15.344M | 4.156M |
| Other Cashflows From Investing Activities | -126.584M | 30.752M | -31.975M | -0.01M | -0.286M |
| Dividends Paid | - | - | - | - | - |
| Change To Inventory | - | 8.329M | 22.444M | -1.714M | 6.683M |
| Sale Purchase Of Stock | -56.444M | 510.112M | 9.793M | -2.398M | 8.114M |
| Other Cashflows From Financing Activities | -19.137M | 10.078M | 225.753M | -2.398M | 8.114M |
| Capital Expenditures | 11.396M | 10.49M | 10.116M | 25.392M | 9.583M |
| Change In Working Capital | -51.339M | -25.877M | -16.259M | -7.077M | -0.152M |
| Other Non Cash Items | 32.69M | 29.249M | 25.939M | 13.63M | 13.185M |
| Free Cash Flow | 0.475M | -3.312M | -15.958M | -36.075M | 13.962M |
Funds
| Sr. No. | Name | Purchased On | Shares |
|---|---|---|---|
| 1. | First Trust NASDAQ Cybersecurity ETF | 2 years ago | 3987063 |
| 2. | Vanguard Total Stock Mkt Idx Inv | 2 years ago | 3271962 |
| 3. | Vanguard Small Cap Index | 2 years ago | 2638657 |
| 4. | iShares Russell 2000 ETF | 2 years ago | 2538924 |
| 5. | ClearBridge Small Cap Growth A | 2 years ago | 2263354 |
| 6. | ClearBridge Small Cap Growth | 2 years ago | 2007254 |
| 7. | Pictet-Security I USD | 2 years ago | 1802937 |
| 8. | Delaware Small Cap Core I | 2 years ago | 1774487 |
| 9. | Macquarie US Small Cap Core Equity | 2 years ago | 1774487 |
| 10. | Vanguard Institutional Extnd Mkt Idx Tr | 2 years ago | 1631521 |
| 11. | MUAM Cyber Security Equity Mother Fund | 2 years ago | 1538986 |
| 12. | Vanguard Small Cap Growth Index Inv | 2 years ago | 1489631 |
| 13. | Vanguard Information Technology ETF | 2 years ago | 1303239 |
| 14. | UBS (Lux) ES L/T Thms $Q | 2 years ago | 1245176 |
| 15. | ETFMG Prime Cyber Security ETF | 2 years ago | 1120028 |
| 16. | Fidelity Small Cap Index | 2 years ago | 1109959 |
| 17. | UBS: US Equity Small Cap Growth | 2 years ago | 1085778 |
| 18. | Invesco Discovery A | 2 years ago | 1043672 |
| 19. | Invesco OFI Small Cap Growth | 2 years ago | 1043672 |
| 20. | Stephens SMID Select Growth | 2 years ago | 1012038 |
Institutions
| Sr. No. | Name | Purchased On | Shares |
|---|---|---|---|
| 1. | Vanguard Group Inc | 2 years ago | 11256692 |
| 2. | BlackRock Inc | 2 years ago | 11094313 |
| 3. | First Trust Advisors L.P. | 2 years ago | 4426593 |
| 4. | Cadian Capital Management LP | 2 years ago | 3992029 |
| 5. | ClearBridge Advisors, LLC | 2 years ago | 3624066 |
| 6. | Macquarie Group Ltd | 2 years ago | 2929873 |
| 7. | Thrivent Financial For Lutherans | 2 years ago | 2747259 |
| 8. | Goldman Sachs Group Inc | 2 years ago | 2656500 |
| 9. | State Street Corporation | 2 years ago | 2603057 |
| 10. | Geode Capital Management, LLC | 2 years ago | 2376735 |
| 11. | FMR Inc | 2 years ago | 2360313 |
| 12. | ING Investment Management LLC | 2 years ago | 2202386 |
| 13. | William Blair Investment Management, LLC | 2 years ago | 2194736 |
| 14. | Pictet Asset Manangement SA | 2 years ago | 2190397 |
| 15. | Amvescap Plc. | 2 years ago | 2162758 |
| 16. | RGM Capital LLC | 2 years ago | 1821172 |
| 17. | UBS Asset Mgmt Americas Inc | 2 years ago | 1653256 |
| 18. | Hood River Capital Management LLC | 2 years ago | 1611871 |
| 19. | Stephens Inv Mgmt Group LLC | 2 years ago | 1571808 |
| 20. | Principal Financial Group Inc | 2 years ago | 1503683 |
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