Financials CEVA, Inc.

Equities

CEVA

US1572101053

Semiconductors

Real-time Estimate Cboe BZX Other stock markets 18:08:47 10/02/2026 GMT			5-day change	1st Jan Change
23.28 ^USD	+1.44%		+12.03%	+7.76%

01:05pm	Ceva Wi-Fi 6 and Bluetooth IPs Power Renesas' First Combo MCUs cfor Iot and Connected Home	CI
12:38pm	Stifel Initiates CEVA at Buy With $30 Price Target	MT

Projected Income Statement: CEVA, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	100.3	122.7	134.6	97.42	106.9	109.3	123.5	139.3
Change	-	22.31%	9.73%	-27.65%	9.77%	2.22%	13.01%	12.74%
EBITDA ¹	5.058	10.49	2.152	-8.584	14.29	12	19.6	27.5
Change	-	107.45%	-79.49%	-498.88%	266.46%	-16.02%	63.33%	40.31%
EBIT ¹	15.18	22.73	22.26	3.645	10.15	9.336	16.53	28.2
Change	-	49.76%	-2.09%	-83.62%	178.55%	-8.04%	77.06%	70.61%
Interest Paid	-	-	0.301	-	-	-	-	-
Earnings before Tax (EBT) ¹	2.521	5.688	-5.108	-8.205	-2.755	-4.208	2.496	9.265
Change	-	125.62%	-189.8%	-60.63%	66.42%	-52.72%	159.33%	271.13%
Net income ¹	-2.379	0.396	-23.18	-11.88	-8.786	-9.822	-2.506	6.194
Change	-	116.65%	-5,954.29%	48.76%	26.03%	-11.79%	74.48%	347.13%
Announcement Date	16/02/21	15/02/22	15/02/23	14/02/24	13/02/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3
Net sales ¹	28.14	25.4	30.46	32.79	34.06	34.39	33.2	33.66	33.4	28.74	26.17	24.07	24.16	22.07	28.44	27.21	29.22	24.24	25.68	28.38	31.03	28.75	29.25	31.73	33.81	31.37	33.72	36.98
Change	-	-9.75%	19.9%	7.66%	3.86%	0.98%	-3.48%	1.4%	-0.77%	-13.97%	-8.92%	-8.02%	0.37%	-8.65%	28.84%	-4.33%	7.41%	-17.03%	5.91%	10.54%	9.31%	-7.34%	1.73%	8.49%	6.54%	-7.22%	7.5%	9.68%
EBITDA	8.028	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	6.548	2.444	6.35	6.514	7.24	4.225	3.352	6.782	5.336	0.069	-1.055	1.63	1.946	-0.831	4.395	2.114	4.475	0.293	0.773	3.142	5.21	2.644	2.864	4.824	6.248	3.683	5.726	8.435
Change	-	-62.68%	159.82%	2.58%	11.15%	-41.64%	-20.66%	102.33%	-21.32%	-98.71%	-1,628.99%	254.5%	19.39%	-142.7%	628.88%	-51.9%	111.68%	-93.45%	163.82%	306.47%	65.8%	-49.24%	8.3%	68.47%	29.51%	-41.06%	55.48%	47.3%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	3.002	-1.294	1.944	1.647	3.391	-0.381	-0.548	-4.378	0.199	-3.455	-5.272	-1.633	-0.946	-3.763	1.313	-0.304	-0.001	-2.336	-2.569	-0.838	1.536	0.153	-0.646	0.9885	2.602	-0.9925	0.8725	3.686
Change	-	-143.1%	250.23%	-15.28%	105.89%	-111.24%	-43.83%	-698.91%	104.55%	-1,836.18%	-52.59%	69.03%	42.07%	-297.78%	134.89%	-123.15%	99.67%	-233,500%	-9.97%	67.38%	283.23%	-90.04%	-522.22%	253.02%	163.26%	-138.14%	187.91%	322.41%
Net income ¹	0.635	-3.63	0.315	-0.167	3.878	-1.696	-1.123	-22.3	1.94	-4.872	-5.818	-4.957	3.769	-5.448	-0.291	-1.311	-1.736	-3.327	-3.704	-2.509	-0.277	-1.901	-1.849	-0.257	1.5	-0.995	0.8817	3.057
Change	-	-671.65%	108.68%	-153.02%	2,422.16%	-143.73%	33.79%	-1,886.11%	108.7%	-351.13%	-19.42%	14.8%	176.03%	-244.55%	94.66%	-350.52%	-32.42%	-91.65%	-11.33%	32.26%	88.96%	-586.28%	2.72%	86.1%	683.85%	-166.31%	188.61%	246.73%
Announcement Date	16/02/21	10/05/21	09/08/21	09/11/21	15/02/22	10/05/22	09/08/22	09/11/22	15/02/23	10/05/23	09/08/23	08/11/23	14/02/24	09/05/24	07/08/24	07/11/24	13/02/25	07/05/25	11/08/25	10/11/25	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: CEVA, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt	-	-	-139	-	-164	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	16/02/21	15/02/22	15/02/23	14/02/24	13/02/25	-	-	-

Estimates

Cash Flow Forecast: CEVA, Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	2.193	3.499	2.884	2.955	2.626	2.75	2.75
Change	-	59.55%	-17.58%	2.46%	-11.13%	4.72%	0%
Free Cash Flow (FCF) ¹	-	-	-	-0.237	6.7	15.6	23.1
Change	-	-	-	-	2,927%	132.84%	48.08%
Announcement Date	15/02/22	15/02/23	14/02/24	13/02/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: CEVA, Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-	5.04%	8.55%	1.6%	-8.81%	13.36%	10.98%	15.87%	19.75%
EBIT Margin (%)	-	15.13%	18.53%	16.53%	3.74%	9.49%	8.54%	13.38%	20.25%
EBT Margin (%)	-	2.51%	4.64%	-3.79%	-8.42%	-2.58%	-3.85%	2.02%	6.65%
Net margin (%)	-	-2.37%	0.32%	-17.22%	-12.19%	-8.22%	-8.99%	-2.03%	4.45%
FCF margin (%)	-	-	-	-	-	-0.22%	6.13%	12.63%	16.59%
FCF / Net Income (%)	-	-	-	-	-	2.7%	-68.21%	-622.38%	372.93%
Profitability
ROA	-0.32%	-0.16%	0.88%	-0.36%	-2.55%	-1.54%	-	-	-
ROE	0.01%	-0.93%	0.15%	-8.66%	-7.05%	-3.31%	-	-	-
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	-	1.79%	2.6%	2.96%	2.76%	2.4%	2.23%	1.97%
CAPEX / EBITDA (%)	-	-	20.9%	162.59%	-33.6%	20.68%	21.88%	14.03%	10%
CAPEX / FCF (%)	-	-	-	-	-	-1,246.84%	39.19%	17.63%	11.9%
Items per share
Cash flow per share ¹	-	0.6859	1.11	0.2988	-0.2696	0.147	-	-	-
Change	-	-	61.8%	-73.08%	-190.22%	154.53%	-	-	-
Dividend per Share ¹	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
Book Value Per Share ¹	-	11.72	12.04	11.15	11.28	11.19	-	-	-
Change	-	-	2.73%	-7.38%	1.13%	-0.79%	-	-	-
EPS ¹	-	-0.11	0.02	-1	-0.51	-0.37	-0.4025	-0.09	0.24
Change	-	-	118.18%	-5,100%	49%	27.45%	-8.78%	77.64%	366.67%
Nbr of stocks (in thousands)	-	22,250	22,974	23,188	23,561	23,627	27,018	27,018	27,018
Announcement Date	-	16/02/21	15/02/22	15/02/23	14/02/24	13/02/25	-	-	-