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We accomplish this mission by delivering digital promotions to consumers through the Ibotta Performance Network (IPN). We source digital promotions from our clients, which are primarily consumer packaged goods (CPG) brands, and distribute these promotions to consumers via our network of publishers, which is enabled by our technology platform.
$34.97
$0.76 (-2.13%)
Price from 40 days ago
The business is unprofitable at the operating level (-0.25% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 6.8% YoY. Margins deteriorated 7.8pp alongside, both lines moving the wrong way.
Free cash flow declined 35% versus the prior year, cash generation momentum has weakened. ROIC dropped from 7.96% to -0.17%, capital efficiency is deteriorating.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$340M
▼ -6.8% YoY
Net Income (TTM)
-$7M
▼ -94.8% YoY
Op. Margin
-2.61%
▼ -7.8pp YoY
ROIC
-2.12%
▼ -8.1pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$84M
▼ -34.8% YoY
Op. Cash Flow (TTM)
$106M
▼ -17.8% YoY
Net Debt
-$139M
Net Cash Position
Cash & Equiv.
$165M
3Y CAGR: +17.6%
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