Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________________________________________________________________________________________________________________ ________________________________F_________O___________R__________M_________________ 1 0 - _____Q__________________________________________ x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ¨ T ...

Financial Performance - Q1 2024 revenue reached $36.7 million, reflecting a 21% year-over-year growth[2] - Q1 2024 net loss improved to $6.2 million from $8.6 million in Q1 2023[2] - Adjusted EBITDA for Q1 2024 was $4.4 million, representing a 12% Adjusted EBITDA margin, up from $0.1 million in Q1 2023[2] - Operating cash flow for Q1 2024 was $4.7 million, compared to $0.4 million in the same period of 2023[2] - Free cash flow for Q1 2024 was $2.0 million, an increase of $4.8 million compared to a use of $2.8 million in Q1 2023[2] - Revenue for the three months ended March 31, 2024, was $36,738 million, an increase of 20.5% compared to $30,485 million for the same period in 2023[32] - Operating loss improved to $(3,100) million for Q1 2024, compared to $(8,214) million in Q1 2023, reflecting a reduction of 62.3%[32] - Net loss for the three months ended March 31, 2024, was $(6,234) million, down from $(8,563) million in the same period last year, representing a 27.1% improvement[32] Guidance and Projections - Q2 2024 revenue guidance is projected between $37.5 million and $39.5 million, indicating year-over-year growth of 9% to 14%[4] - Full-year 2024 revenue guidance raised to a range of $156 million to $163 million, representing annual growth of 12% to 17%[4] - Full-year 2024 Adjusted EBITDA guidance increased to a range of $24 million to $29 million, up from the previous range of $22 million to $28 million[4] Assets and Liabilities - Total current assets decreased to $79,487 million as of March 31, 2024, from $101,620 million as of December 31, 2023, a decline of 21.8%[31] - Total liabilities decreased to $43,107 million as of March 31, 2024, from $50,658 million as of December 31, 2023, a reduction of 15.0%[31] - Cash and cash equivalents at the end of the period were $32,008 million, down from $45,416 million at the end of Q1 2023, a decrease of 29.5%[41] - Total stockholders' equity as of March 31, 2024, was $193,917 million, a slight decrease from $195,990 million as of December 31, 2023[31] Research and Development - Research and development expenses for Q1 2024 were $6,321 million, a decrease of 11.2% from $7,117 million in Q1 2023[32] Initiatives - Launched the Harmony initiative to optimize CTV advertising, enhancing efficiency and transparency[3] - Introduced Harmony Direct, aimed at streamlining the supply path for non-biddable guaranteed media[3] Share Information - The company reported a weighted-average number of shares used in computing net loss per share of 143,861,609 for Q1 2024, an increase from 141,194,179 in Q1 2023[40] Cash Flow - The company experienced a net cash provided by operating activities of $4,652 million for Q1 2024, compared to $368 million for the same period in 2023, indicating a significant improvement[41]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K x Annual Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2023 ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission file number 001-40048 Innovid Corp. (Exact name of registrant as specified in its charter) ____________________________ Delaware 87-3 ...

NEW YORK--(BUSINESS WIRE)--Innovid Corp. (NYSE: CTV) (the “Company”), an independent platform for the creation, delivery, measurement, and optimization of advertising across connected TV (CTV), linear TV, and digital, today announced that management will participate in the following investor conferences: Susquehanna Technology Conference When: Thursday, Feb. 29, 2024 Where: New York, NY JMP Securities Technology Conference When: Tuesday, March 5, 2024 Fireside Chat: 2:30 p.m. PT Where: San Francisco, CA ...

Innovid Corp. (NYSE:CTV) Q4 2023 Earnings Conference Call February 27, 2024 8:30 AM ET Company Participants Brinlea Johnson - Investor Relations Zvika Netter - Co-Founder and Chief Executive Officer Anthony Callini - Chief Financial Officer Conference Call Participants Shweta Khajuria - Evercore ISI Laura Martin - Needham & Company Matthew Condon - JMP Securities Operator Greetings, and welcome to the Innovid Q4 2023 Earnings Call. At this time, all participants are in a listen-only mode. A brief question- ...

Innovid Corp. (CTV) came out with a quarterly loss of $0.01 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.03 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post a loss of $0.01 per share when it actually produced a loss of $0.02, delivering a surprise of -100%.Over the last four quarters, the company has not been able to surpass consensus EPS estimates.Innovid Corp., which belongs to the Zacks ...

Q4 2023 Financial Performance - Total revenue for Q4 2023 was $38.6 million, representing a 15% year-over-year increase compared to $33.7 million in Q4 2022 [15, 31] - Adjusted EBITDA for Q4 2023 was $8.3 million, a significant increase from $3.0 million in Q4 2022 [31] - Adjusted EBITDA margin percent for Q4 2023 was 21%, compared to 9% in Q4 2022 [22, 31] Revenue Breakdown & Growth - CTV accounted for 52% of video impressions in Q4 2023 [7, 22] - Measurement share of total revenue was 22% in Q4 2023 [7, 32] - CTV video impressions growth was 16% in Q4 2023 [22] Outlook - The company projects revenue between $34 million and $36 million for Q1 2024 [25] - The company projects revenue between $154 million and $162 million for the full year 2024 [25] - Adjusted EBITDA is expected to be between $3 million and $4 million for Q1 2024 [8] - Adjusted EBITDA is expected to be between $22 million and $28 million for the full year 2024 [8] Non-GAAP Measures - Adjusted EBITDA is defined as net loss attributable to Innovid, excluding several items including depreciation, amortization, stock-based compensation, finance expenses, transaction related expenses, acquisition related expenses, retention bonus expenses, legal claims, severance cost, other, and taxes on income [20, 28] - Adjusted EBITDA margin percent is calculated as Adjusted EBITDA divided by total revenue [20, 28]

NEW YORK--(BUSINESS WIRE)--Innovid (NYSE: CTV), an independent platform for the creation, delivery, measurement, and optimization of advertising across connected TV (CTV), linear TV, and digital, today announced the availability of publisher-level outcomes analysis for all DSP and SSP campaigns. The first-of-its-kind offering helps brands and agencies break down silos inherent in DSP and SSP reporting to understand, assess, and compare performance across all of their media buys through a granular and unbias ...

NEW YORK--(BUSINESS WIRE)--Innovid (NYSE: CTV), an independent platform for the creation, delivery, measurement, and optimization of advertising across connected TV (CTV), linear TV, and digital, today announced industry-wide availability of the latest self-service feature within its CTV Composer authoring tool. For the first time ever, brands and publishers can create interactive CTV experiences in-house, at scale, for live streaming events. With live events increasingly migrating to streaming, advertis ...

NEW YORK--(BUSINESS WIRE)--Innovid (NYSE: CTV), an independent advertising platform for the delivery, personalization, and measurement of converged TV across linear, connected TV, and digital, today announced that it will release fourth quarter and full year 2023 financial results before the market open on Tuesday, February 27, 2024. The Company will host a conference call to discuss its results at 8:30 a.m. ET that same day. Zvika Netter, Co-founder and Chief Executive Officer, and Anthony Callini, Chief ...