Perion Network Ltd. Files 2024 Annual Report
Ticker: PERI · Form: 20-F · Filed: Mar 25, 2025 · CIK: 1338940
Sentiment: neutral
Topics: annual-report, financials, sec-filing
TL;DR
Perion Network Ltd. dropped its 2024 20-F, check the financials for 2024, 2023, 2022.
AI Summary
Perion Network Ltd. filed its annual 20-F report for the fiscal year ending December 31, 2024. The filing includes financial data for 2024, 2023, and 2022, with specific mentions of lease payments and reclassifications related to acquisitions. The company's business address is in Tel Aviv, Israel.
Why It Matters
This filing provides investors with a comprehensive overview of Perion Network Ltd.'s financial performance and operational details for the past fiscal year, crucial for investment decisions.
Risk Assessment
Risk Level: medium — The filing is a standard annual report, but the inclusion of specific financial figures and reclassifications suggests potential complexities in financial reporting that warrant investor attention.
Key Numbers
- 2024 — Fiscal Year (Reporting period for the 20-F)
- 2023 — Fiscal Year (Comparative financial data)
- 2022 — Fiscal Year (Comparative financial data)
Key Players & Entities
- Perion Network Ltd. (company) — Filer of the 20-F report
- 2024-12-31 (date) — Fiscal year end
- 2025-03-25 (date) — Filing date
- Tel Aviv (location) — Company's business address city
- $5,318 (dollar_amount) — Expected non-cancelable future sublease payments
- $5,010 (dollar_amount) — Cash included in a reclassification
- $3,816 (dollar_amount) — Reclassification amount in 2022 for acquisition-related costs
FAQ
What was the total amount of lease payments for the fiscal year ending December 31, 2024?
The filing mentions that total lease payments are not offset by $5,318 of expected non-cancelable future sublease payments, but the exact total lease payment amount is not explicitly stated in the provided snippet.
What is the company's primary business address?
The company's business address is 2 LEONARDO DA VINCI ST., 24TH FLOOR, TEL AVIV, L3, ZIP: 6473309.
When was Perion Network Ltd. formerly known as IncrediMail Ltd.?
The date of the name change from IncrediMail Ltd. to Perion Networks Ltd. was 2005-09-16.
What was reclassified in 2022 in connection with an acquisition?
In 2022, amounts of $3,816 were reclassified from general and administrative expenses to change in fair value of contingent consideration, which were incurred in connection with an acquisition.
What is the SIC code for Perion Network Ltd.?
The Standard Industrial Classification code for Perion Network Ltd. is 7371, which falls under SERVICES-COMPUTER PROGRAMMING SERVICES.
Filing Details
This Form 20-F (Form 20-F) was filed with the SEC on March 25, 2025 regarding Perion Network Ltd. (PERI).