FVRRFiverr International Ltd.
Is the business good?
The checks split: margins steady and returns not propped up by debt.
Margins have held roughly steady, a stable cost structure.
A balanced mix of margins, efficiency, and leverage. ROE 5% = margin × turnover × leverage.
All from derived.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is FVRR?
Fiverr International Ltd. earns −0.55% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
Return on invested capital · cost of capital 9.0% · 9.6 points below what the capital costs: growth destroys value
- Operating margin
- −0.27%
Operating margin · Internet Content & Information median 4.9% · fiscal year to FY2025
- Share count, year on year
- −1.8%
Share count, year on year · bought back, each share owns more of the company
- R&D as % of revenue
- 21%
R&D as % of revenue
| Year | Operating margin |
|---|---|
| FY2020 | −6.2% |
| FY2021 | −15% |
| FY2022 | −22% |
| FY2023 | −4.2% |
| FY2024 | −4.0% |
| FY2025 | −0.27% |
Details›
- Gross marginfiscal year to FY2025
- 82%
- Operating marginfiscal year to FY2025
- −0.27%
- Net marginfiscal year to FY2025
- 4.9%
- Free cash flow margin
- 24%
- R&D as % of revenue
- 21%
- Revenue, trailing twelve months
- $431M
- Free cash flow, trailing twelve months
- $104M
- Net income, trailing twelve months
- $21M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- −0.55%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Internet Content & Information
Ranks #23 of 31 by RyuScore