monday.com Ltd. Files 20-F, Details 2024 Financials

Ticker: MNDY · Form: 20-F · Filed: 2025-03-17T00:00:00.000Z

Sentiment: neutral

Topics: annual-report, financials, executive-compensation, derivatives

TL;DR

MONDAY 20-F out: 2024 financials in, shows derivative gains & exec stock grants.

AI Summary

monday.com Ltd. filed its 20-F for the fiscal year ending December 31, 2024. The filing details accumulated other comprehensive income (loss), which includes unrealized gains on derivatives and marketable securities. Specific figures show unrealized gains on derivatives at $2,982 for 2024 and $9,804 for 2023, and on marketable securities at $207 for 2024 and $0 for 2023. The report also outlines various segment expense items and performance-based stock options/awards granted to Co-CEOs and executives in 2022, 2023, and 2024.

Why It Matters

This 20-F filing provides investors with a comprehensive overview of monday.com Ltd.'s financial position and performance for the fiscal year 2024, including details on equity awards and financial instruments.

Risk Assessment

Risk Level: medium — The filing contains detailed financial information and disclosures typical of a public company's annual report, including executive compensation and financial instrument valuations.

Key Numbers

$2,982 — Unrealized Gains on Derivatives (2024) (Part of accumulated other comprehensive income (loss))
$207 — Unrealized Gains on Marketable Securities (2024) (Part of accumulated other comprehensive income (loss))
73,074 — Co-CEO Options Granted (2022) (Performance-based stock options)
48,129 — Exec Awards Granted (2024) (Performance-based awards to Co-CEOs and executives)

Key Players & Entities

monday.com Ltd. (company) — Filer of the 20-F report
0001178913-25-000852 (accession_number) — Accession number for the filing
20241231 (date) — Fiscal year end date
$2,982 (dollar_amount) — Unrealized gains on derivatives for 2024
$9,804 (dollar_amount) — Unrealized gains on derivatives for 2023
$207 (dollar_amount) — Unrealized gains on marketable securities for 2024
$0 (dollar_amount) — Unrealized gains on marketable securities for 2023
73,074 (number) — Performance-based options granted to Co-CEOs in 2022
74,108 (number) — Performance-based options granted to Co-CEOs in 2023
22,481 (number) — Performance-based options granted to Co-CEOs in 2024

FAQ

What was the total accumulated other comprehensive income (loss) as of December 31, 2024?

The filing states that as of December 31, 2024, accumulated other comprehensive income (loss) is comprised of unrealized gains on derivatives of $2,982 and unrealized gains on marketable securities of $207.

How many performance-based options were granted to Co-CEOs in 2023?

The filing indicates that 74,108 performance-based options were granted to the Company's Co-CEOs in 2023.

What is the business address of monday.com Ltd.?

The business address is 6 YITZHAK SADEH STREET, TEL AVIV-YAFO, L3, 677750.

What is the SIC code for monday.com Ltd.?

The Standard Industrial Classification (SIC) code is 7372, which corresponds to SERVICES-PREPACKAGED SOFTWARE.

What was the value of unrealized gains on marketable securities in 2023?

As of December 31, 2023, the unrealized gains on marketable securities were $0.

From the Filing

0001178913-25-000852.txt : 20250317 0001178913-25-000852.hdr.sgml : 20250317 20250317070119 ACCESSION NUMBER: 0001178913-25-000852 CONFORMED SUBMISSION TYPE: 20-F PUBLIC DOCUMENT COUNT: 159 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250317 DATE AS OF CHANGE: 20250317 FILER: COMPANY DATA: COMPANY CONFORMED NAME: monday.com Ltd. CENTRAL INDEX KEY: 0001845338 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 000000000 STATE OF INCORPORATION: L3 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 20-F SEC ACT: 1934 Act SEC FILE NUMBER: 001-40461 FILM NUMBER: 25742320 BUSINESS ADDRESS: STREET 1: 6 YITZHAK SADEH STREET CITY: TEL AVIV-YAFO STATE: L3 ZIP: 677750 BUSINESS PHONE: 972(55) 939-7720 MAIL ADDRESS: STREET 1: 6 YITZHAK SADEH STREET CITY: TEL AVIV-YAFO STATE: L3 ZIP: 677750 20-F 1 zk2532825.htm 20-F monday.com Ltd. - 1845338 - 2025 As of December 31, 2024 and 2023, accumulated other comprehensive income (loss) is comprised of unrealized gains on derivatives of $2,982 and 9,804, respectively, and unrealized gains on marketable securities of $207 and $0, respectively. IL Other segment expense items included within net income (loss) include payroll, financial income, net, advertising and marketing activities, overhead and depreciation, travel and entertainment, income taxes, information technology and communication, sales commissions and other miscellaneous expenses. See the consolidated financial statements for other financial information regarding the Company’s operating segment. Includes 73,074 performance-based options granted to the Company’s Co-CEOs in 2022, 74,108 in 2023, and 22,481 in 2024, as applicable. Includes 22,928 performance-based awards granted to the Company’s Co-CEOs in 2023, and 48,129 performance-based awards to the Company’s Co-CEOs and several executives in 2024. http://fasb.org/us-gaap/2024#OtherAssetsCurrent 0001845338 false FY 0001845338 2021-12-31 0001845338 us-gaap:RetainedEarningsMember 2021-12-31 0001845338 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0001845338 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001845338 us-gaap:CommonStockMember 2021-12-31 0001845338 mndy:NumberOfFounderSharesMember 2021-12-31 0001845338 2022-01-01 2022-12-31 0001845338 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0001845338 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-01 2022-12-31 0001845338 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0001845338 us-gaap:CommonStockMember 2022-01-01 2022-12-31 0001845338 mndy:NumberOfFounderSharesMember 2022-01-01 2022-12-31 0001845338 2022-12-31 0001845338 us-gaap:RetainedEarningsMember 2022-12-31 0001845338 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001845338 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001845338 us-gaap:CommonStockMember 2022-12-31 0001845338 mndy:NumberOfFounderSharesMember 2022-12-31 0001845338 2023-01-01 2023-12-31 0001845338 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-31 0001845338 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-12-31 0001845338 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-12-31 0001845338 us-gaap:CommonStockMember 2023-01-01 2023-12-31 0001845338 mndy:NumberOfFounderSharesMember 2023-01-01 2023-12-31 0001845338 2023-12-31 0001845338 us-gaap:RetainedEarningsMember 2023-12-31 0001845338 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001845338 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001845338 us-gaap:CommonStockMember 2023-12-31 0001845338 mndy:NumberOfFounderSharesMember 2023-12-31 0001845338 2024-01-01 2024-12-31 0001845338 us-gaap:RetainedEarningsMember 2024-01-01 2024-12-31 0001845338 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-12-31 0001845338 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-12-31 0001845338 us-gaap:CommonStockMember 2024-01-01 2024-12-31 0001845338 mndy:NumberO