7Baggers

Similarweb Ltd
(NYSE:SMWB) 

SMWB stock logo

Similarweb is a digital intelligence provider for enterprise and small to mid-sized business customers. The platform provides web analytics services and offers its users information on their clients' and competitors' web traffic and performance.

Founded: 2007
IPO Price: $19 (May 12, 2021)
CEO / Founder: Or Offer 
Sector: Information
Industry: Software Publishers
SEOSaaS
Share this website to your friends
• Market Cap:
• Exchange:
• Shs Outstanding:
• Employees:
• Beta:
• Return on Equity (ROE) ttm:
• Return on Assets (ROA) ttm:
• EPS ttm:
• Book value per Share:
• Cash per Share:
• Current ast per Share:
• P/E ttm:
• P/E forward:
• P/E ttm high:
• P/E ttm low:
• P/S ttm:
• P/B ttm:
• P/FCF ttm:
• PEG ratio:
• Cash Ratio ttm:
• Quick Ratio ttm:
• Current Ratio ttm:
• Gross Mgn ttm:
• EBITDA Mgn ttm:
• Operating Mgn ttm:
• Net Income Mgn ttm:
• Trailing Div yield:
• Forward Div yield:
• Payout Ratio ttm:
• Ex-Dividend date:
• Target Price High:
• Target Price Low:
• Target Price Mean:
• Number of Analysts:
• Debt Ratio ttm:
• Debt to Equity ttm:
• Total Net Debt:
At a glance:
Bull Thesis:
Bear Thesis:
Main Competitors:
Moat:
Income Statements:
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 
                      
      revenue
    		71,789,000 70,966,000 67,087,000 65,587,000 64,707,000 60,637,000 58,982,000 56,755,000 54,833,000 53,681,000 52,750,000        
      yoy
    		10.94% 17.03% 13.74% 15.56% 18.01% 12.96% 11.81%            
      qoq
    		1.16% 5.78% 2.29% 1.36% 6.71% 2.81% 3.92% 3.51% 2.15% 1.76%         
      cost of revenue
    		14,597,000 14,268,000 13,970,000 15,331,000 14,243,000 12,544,000 12,696,000 11,859,000 10,580,000 12,575,000 12,076,000        
      gross profit
    		57,192,000 56,698,000 53,117,000 50,256,000 50,464,000 48,093,000 46,286,000 44,896,000 44,253,000 41,106,000 40,674,000 38,920,000 36,273,000 33,582,000 31,185,000,000,000 29,460,000 27,802,000 25,514,000 
      yoy
    		13.33% 17.89% 14.76% 11.94% 14.04% 17.00% 13.80% 15.35% 22.00% 22.40% -100.00% 32.11% 30.47% 31.62%     
      qoq
    		0.87% 6.74% 5.69% -0.41% 4.93% 3.90% 3.10% 1.45% 7.66% 1.06% 4.51% 7.30% 8.01% -100.00% 105855297.15% 5.96% 8.97%  
      gross margin %
    		79.67% 79.89% 79.18% 76.62% 77.99% 79.31% 78.47% 79.10% 80.71% 76.57% 77.11% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% Infinity% 
      operating expenses:
    		                  
      research and development
    		18,459,000 18,324,000 18,004,000 15,358,000 14,460,000 12,239,000 13,539,000 13,706,000 14,199,000 13,902,000 14,351,000 13,977,000 15,156,000 16,058,000 14,713,000,000,000 14,278,000 11,422,000 9,694,000 
      sales and marketing
    		29,214,000 31,821,000 32,156,000 27,573,000 26,806,000 25,857,000 25,240,000 21,836,000 24,274,000 26,422,000 28,666,000 30,096,000 30,051,000 32,146,000 30,342,000,000,000 27,982,000 24,150,000 22,112,000 
      general and administrative
    		12,211,000 13,437,000 12,248,000 10,885,000 11,665,000 10,950,000 10,191,000 10,439,000 10,665,000 10,539,000 10,737,000 9,441,000 11,681,000 11,844,000 12,311,000,000,000 10,103,000 8,951,000 8,640,000 
      total operating expenses
    		59,884,000 63,582,000 62,408,000 53,816,000 52,931,000 49,046,000 48,970,000 45,981,000 49,138,000 50,863,000 53,754,000 53,514,000 56,888,000 60,048,000 57,366,000,000,000 52,363,000 44,523,000 40,446,000 
      income from operations
    		-2,692,000 -6,884,000 -9,291,000 -3,560,000 -2,467,000 -953,000 -2,684,000 -1,085,000 -4,885,000 -9,757,000 -13,080,000 -14,594,000 -20,615,000 -26,466,000 -26,181,000,000,000 -22,903,000 -16,721,000 -14,932,000 
      yoy
    		9.12% 622.35% 246.16% 228.11% -49.50% -90.23% -79.48% -92.57% -76.30% -63.13% -100.00% -36.28% 23.29% 77.24%     
      qoq
    		-60.89% -25.91% 160.98% 44.30% 158.87% -64.49% 147.37% -77.79% -49.93% -25.41% -10.37% -29.21% -22.11% -100.00% 114312435.48% 36.97% 11.98%  
      operating margin %
    		-3.75% -9.70% -13.85% -5.43% -3.81% -1.57% -4.55% -1.91% -8.91% -18.18% -24.80% -Infinity% -Infinity% -Infinity% -Infinity% -Infinity% -Infinity% -Infinity% 
      finance income (expenses)
    		-935,000 -3,649,000  308,750 -43,000   756,500 1,061,000          
      income before income taxes
    		-3,627,000 -10,533,000 -8,284,000 -4,661,000 -2,510,000 -130,000 -2,229,000 -3,170,000 -3,824,000 -9,147,000 -11,725,000 -14,679,000 -21,242,000 -21,865,000 -25,359,000,000,000 -23,636,000 -17,015,000 -15,449,000 
      provision for income taxes
    		704,000 1,316,000 975,000 759,000 56,000 608,000 504,000 238,000 1,014,000 146,000 109,000 319,000 -249,000 196,000     
      net income
    		-4,331,000 -11,849,000 -9,259,000 -5,420,000 -2,566,000 -738,000 -2,733,000 -3,408,000 -4,838,000 -9,293,000 -11,834,000 -14,998,000 -20,993,000 -22,061,000 -25,609,000,000,000 -23,810,000 -17,334,000 -15,721,000 
      yoy
    		68.78% 1505.56% 238.79% 59.04% -46.96% -92.06% -76.91% -77.28% -76.95% -57.88% -100.00% -37.01% 21.11% 40.33%     
      qoq
    		-63.45% 27.97% 70.83% 111.22% 247.70% -73.00% -19.81% -29.56% -47.94% -21.47% -21.10% -28.56% -4.84% -100.00% 107555548.89% 37.36% 10.26%  
      net income margin %
    		-6.03% -16.70% -13.80% -8.26% -3.97% -1.22% -4.63% -6.00% -8.82% -17.31% -22.43% -Infinity% -Infinity% -Infinity% -Infinity% -Infinity% -Infinity% -Infinity% 
      net income per share
    		-0.05 -0.14 -0.11 -0.06 -0.03 -0.01 -0.03 -0.05 -0.06 -0.12 -0.15 -0.19 -0.28 -0.29 -0.34 -0.32 -0.23 -0.33 
      weighted-average shares used for eps calculation
    		85,476,076 84,037,145 83,135,281 80,825,695 81,279,239 80,570,892 79,361,522 77,752,960 78,121,824 77,579,279 76,862,020 75,718,623 75,975,356 75,661,037 75,035,966 53,201,603 74,506,187 47,265,792 
      other comprehensive income, net of tax
    		                  
      change in unrealized gain on cashflow hedges
    		-776 2,796  -189.25 123 -363  1,604 -133 45 -277 592 209 -1,414 86 137 16 191 
      total other comprehensive income, net of tax
    		-776 2,796  273 123 -363  1,604 -133 45 -277 592 209 -1,414 86 137 16 191 
      total comprehensive loss
    		-5,107 -9,053 -10,001 -5,147 -2,443 -1,101 -3,250 -1,804 -4,971 -9,248 -12,111 -14,406 -20,784 -23,475 -25,523 -23,673 -17,318 -15,530 
      finance income
    		  1,007,000   823,000 455,000   610,000 1,355,000        
      change in unrealized loss on cashflow hedges
    		  -742    -517            
      total other comprehensive loss, net of tax
    		  -742    -517            
      other comprehensive loss, net of tax
    		                  
      revenues
    		           35,472,000 50,022,000 47,586,000 44,280,000,000,000 24,379,250 35,597,000 32,507,000 
      cost of revenues
    		           10,212,000 13,749,000 14,004,000 13,095,000,000,000 5,265,250 7,795,000 6,993,000 
      finance (expenses) income
    		           -375,000 -627,000 4,601,000 822,000,000,000    
      income taxes
    		              250,000,000,000 201,750 319,000 272,000 
      finance expenses
    		               -733,000 -294,000 -517,000 
      deemed dividend to ordinary and preferred shareholders
    		                  
    Balance Sheets:
    Quarterly
    Annual
      Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 
                        
        assets
      		                  
        current assets:
      		                  
        cash and cash equivalents
      		65,464,000 59,341,000 59,567,000 63,869,000 60,131,000 61,791,000 54,890,000 71,732,000 67,412,000 72,980,000 75,349,000 77,810,000 90,633,000 93,925,000 125,019,000 128,879,000 159,052,000 176,966,000 
        restricted deposits
      		10,983,000 10,844,000 10,707,000 10,572,000 10,434,000 10,309,000 10,188,000 10,020,000 9,946,000 9,901,000 9,858,000 9,814,000 10,321,000 11,368,000 11,462,000 11,474,000 1,716,000 1,965,000 
        accounts receivable
      		41,838,000 42,946,000 40,004,000 50,975,000 35,486,000 38,631,000 41,257,000 47,869,000 34,720,000 32,508,000 37,497,000 38,141,000 25,050,000 26,915,000 30,531,000 31,017,000 24,403,000 19,843,000 
        deferred contract costs
      		11,010,000 11,183,000 11,070,000 11,373,000 10,570,000 10,962,000 11,085,000 11,165,000 8,681,000 8,997,000 9,365,000 9,789,000 10,397,000 10,153,000 9,512,000 8,470,000 7,436,000 6,668,000 
        prepaid expenses and other current assets
      		6,793,000 7,335,000 5,570,000 4,567,000 5,682,000 7,704,000 6,410,000 5,599,000 6,898,000 6,179,000 5,023,000 6,628,000 6,891,000 9,569,000 10,986,000 7,847,000 4,773,000 2,265,000 
        total current assets
      		136,088,000 131,649,000 126,918,000 141,356,000 122,303,000 129,397,000 123,830,000 146,385,000 127,657,000 130,565,000 137,092,000 142,182,000 143,292,000 151,930,000 187,510,000 187,687,000 197,380,000 207,707,000 
        property and equipment
      		22,910,000 23,786,000 24,869,000 25,921,000 26,449,000 27,141,000 27,620,000 28,630,000 29,741,000 30,944,000 31,904,000 31,823,000 31,382,000 27,388,000 20,054,000 6,356,000 6,165,000 6,168,000 
        deferred contract costs, non-current
      		7,632,000 7,973,000 8,913,000 9,895,000 8,853,000 9,465,000 9,512,000 9,845,000 5,862,000 6,550,000 7,323,000 8,348,000 9,410,000 9,883,000 9,933,000    
        operating lease right-of-use assets
      		34,453,000 33,709,000 35,443,000 34,393,000 35,945,000 35,815,000 36,828,000 36,007,000 36,309,000 37,901,000 39,126,000 40,823,000 42,708,000 44,149,000 40,760,000    
        goodwill and intangible assets
      		46,521,000 47,300,000 40,807,000 30,846,000 32,439,000 19,989,000 21,192,000            
        other non-current assets
      		667,000 959,000 737,000 500,000 411,000 447,000 461,000 494,000 33,000 24,000 10,000 441,000 944,000 898,000 813,000 813,000 330,000 331,000 
        total assets
      		248,271,000 245,376,000 237,687,000 242,911,000 226,400,000 222,254,000 219,443,000 239,013,000 218,425,000 226,009,000 236,682,000 246,045,000 251,570,000 259,578,000 280,964,000 226,999,000 215,850,000 225,477,000 
        liabilities and shareholders' equity
      		                  
        current liabilities:
      		                  
        accounts payable
      		14,707,000 9,420,000 9,564,000 12,403,000 10,956,000 5,037,000 5,968,000 8,422,000 11,400,000 7,412,000 6,089,000 7,144,000 9,242,000 17,580,000 27,020,000 11,303,000 9,186,000 9,585,000 
        payroll and benefit related liabilities
      		18,578,000 17,635,000 19,146,000 20,304,000 18,352,000 16,755,000 15,757,000 20,437,000 13,342,000 15,564,000 16,355,000 18,512,000 19,648,000 20,548,000 20,264,000 17,969,000 15,869,000 13,562,000 
        deferred revenue
      		104,108,000 114,228,000 109,170,000 108,232,000 98,557,000 108,000,000 107,643,000 99,968,000 89,818,000 96,778,000 100,933,000 93,195,000    76,676,000   
        other payables and accrued expenses
      		36,080,000 31,209,000 28,905,000 29,330,000 26,247,000 24,760,000 25,853,000 23,263,000 23,617,000 23,045,000 23,906,000 27,990,000 27,819,000 30,498,000 28,394,000 28,199,000 16,984,000 14,527,000 
        operating lease liabilities
      		8,183,000 7,939,000 8,036,000 6,923,000 8,510,000 6,834,000 6,412,000 7,095,000 6,785,000 7,749,000 8,408,000 9,091,000 9,122,000 8,880,000 504,000    
        total current liabilities
      		181,656,000 180,431,000 174,821,000 177,192,000 162,622,000 161,386,000 161,633,000 184,185,000 169,962,000 175,548,000 180,691,000 180,932,000 174,334,000 167,686,000 165,838,000 134,147,000 107,799,000 103,004,000 
        deferred revenue, non-current
      		1,363,000 2,182,000 1,189,000 1,172,000 624,000 694,000 723,000 878,000 394,000 332,000 479,000 974,000    2,074,000   
        operating lease liabilities, non-current
      		33,864,000 32,937,000 31,933,000 32,809,000 32,549,000 32,885,000 34,562,000 35,329,000 33,929,000 36,080,000 37,836,000 40,075,000 41,458,000 39,964,000 46,032,000    
        other long-term liabilities
      		6,375,000 6,271,000 5,762,000 4,230,000 4,424,000 3,846,000 3,420,000 3,074,000 1,958,000 1,794,000 2,019,000 2,113,000  3,184,000 3,200,000 3,262,000  6,000 
        total liabilities
      		223,258,000 221,821,000 213,705,000 215,403,000 200,219,000 198,811,000 200,338,000 223,466,000 206,243,000 213,754,000 221,025,000 224,094,000 219,885,000 212,101,000 216,682,000 142,085,000 111,070,000 106,410,000 
        shareholders' equity
      		                  
        ordinary shares, nis 0.01 par value 500,000,000 shares authorized as of december 31, 2024 and september 30, 2025 (unaudited), 82,620,679 and 86,283,483 shares issued as of december 31, 2024 and september 30, 2025 (unaudited), 82,618,511 and 86,281,315 outstanding as of december 31, 2024 and september 30, 2025 (unaudited), respectively;
      		238,000                  
        additional paid-in capital
      		413,104,000 406,543,000 397,922,000 391,449,000 384,978,000 379,799,000 374,361,000 367,558,000 362,391,000 357,493,000 351,649,000 345,834,000 341,164,000 336,172,000 329,503,000 324,614,000 320,808,000 317,778,000 
        accumulated other comprehensive income
      		1,666,000 2,442,000 -354,000 388,000 115,000  355,000 872,000  -599,000 -644,000 -367,000 -959,000 -1,168,000 246,000 160,000 23,000 7,000 
        accumulated deficit
      		-389,995,000 -385,663,000 -373,815,000 -364,556,000 -359,136,000 -356,570,000 -355,832,000 -353,099,000 -349,691,000 -344,853,000 -335,560,000 -323,726,000 -308,728,000 -287,735,000 -265,674,000 -240,065,000 -216,255,000 -198,921,000 
        total shareholders' equity
      		25,013,000 23,555,000 23,982,000 27,508,000 26,181,000 23,443,000 19,105,000 15,547,000 12,182,000 12,255,000 15,657,000 21,951,000 31,685,000 47,477,000 64,282,000    
        total liabilities and shareholders' equity
      		248,271,000 245,376,000 237,687,000 242,911,000 226,400,000 222,254,000 219,443,000 239,013,000 218,425,000 226,009,000 236,682,000 246,045,000 251,570,000 259,578,000 280,964,000    
        ordinary shares, nis 0.01 par value 500,000,000 shares authorized as of december 31, 2024 and june 30, 2025 (unaudited), 82,620,679 and 84,856,875 shares issued as of december 31, 2024 and june 30, 2025 (unaudited), 82,618,511 and 84,854,707 outstanding as of december 31, 2024 and june 30, 2025 (unaudited), respectively;
      		 233,000                 
        ordinary shares, nis 0.01 par value 500,000,000 shares authorized as of december 31, 2024 and march 31, 2025 (unaudited), 82,620,679 and 83,540,238 shares issued as of december 31, 2024 and march 31, 2025 (unaudited), 82,618,511 and 83,538,070 outstanding as of december 31, 2024 and march 31, 2025 (unaudited), respectively;
      		  229,000                
        borrowings under credit facility
      		       25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000      
        ordinary shares, nis 0.01 par value 500,000,000 shares authorized as of december 31, 2023 and december 31, 2024, 78,653,046 and 82,620,679 shares issued as of december 31, 2023 and december 31, 2024, 78,650,878 and 82,618,511 outstanding as of december 31, 2023 and december 31, 2024, respectively;
      		   227,000               
        ordinary shares, nis 0.01 par value 500,000,000 shares authorized as of december 31, 2023 and september 30, 2024 (unaudited), 78,653,046 and 81,665,784 shares issued as of december 31, 2023 and september 30, 2024 (unaudited), 78,650,878 and 81,663,616 outstanding as of december 31, 2023 and september 30, 2024 (unaudited), respectively;
      		    224,000              
        ordinary shares, nis 0.01 par value 500,000,000 shares authorized as of december 31, 2023 and june 30, 2024 (unaudited), 78,653,046 and 80,921,451 shares issued as of december 31, 2023 and june 30, 2024 (unaudited), 78,650,878 and 80,919,283 outstanding as of december 31, 2023 and june 30, 2024 (unaudited), respectively;
      		     222,000             
        ordinary shares, nis 0.01 par value 500,000,000 shares authorized as of december 31, 2023 and march 31, 2024 (unaudited), 78,653,046 and 80,314,588 shares issued as of december 31, 2023 and march 31, 2024 (unaudited), 78,650,878 and 80,312,420 outstanding as of december 31, 2023 and march 31, 2024 (unaudited), respectively;
      		      221,000            
        intangible assets
      		       4,785,000 5,956,000 7,158,000 8,359,000 9,561,000 10,762,000 11,964,000 10,576,000 11,617,000   
        goodwill
      		       12,867,000 12,867,000 12,867,000 12,868,000 12,867,000 13,072,000 13,366,000 11,318,000 11,318,000   
        commitments and contingencies
      		                  
        ordinary shares, nis 0.01 par value 500,000,000 shares authorized as of december 31, 2022 and 2023; 76,435,940 and 78,653,046 shares issued as of december 31, 2022 and 2023, respectively; 76,433,772 and 78,650,878 shares outstanding as of december 31, 2022 and 2023, respectively; 2,168 treasury shares as of december 31, 2022 and 2023;
      		       216,000           
        ordinary shares, nis 0.01 par value 500,000,000 shares authorized as of december 31, 2022 and september 30, 2023 (unaudited), 76,435,940 and 78,273,972 shares issued as of december 31, 2022 and september 30, 2023 (unaudited), 76,433,772 and 78,271,804 outstanding as of december 31, 2022 and september 30, 2023 (unaudited), respectively;
      		        214,000          
        accumulated other comprehensive loss
      		        -732,000          
        ordinary shares, nis 0.01 par value 500,000,000 shares authorized as of december 31, 2022 and june 30, 2023 (unaudited), 76,435,940 and 77,969,669 shares issued as of december 31, 2022 and june 30, 2023 (unaudited), 76,433,772 and 77,967,501 outstanding as of december 31, 2022 and june 30, 2023 (unaudited), respectively;
      		         214,000         
        ordinary shares, nis 0.01 par value 500,000,000 shares authorized as of december 31, 2022 and march 31, 2023 (unaudited), 76,435,940 and 77,234,752 shares issued as of december 31, 2022 and march 31, 2023 (unaudited), 76,433,772 and 77,232,584 outstanding as of december 31, 2022 and march 31, 2023 (unaudited), respectively;
      		          212,000        
        deferred rent
      		               2,602,000 2,677,000 2,785,000 
        ordinary shares, nis 0.01 par value 500,000,000 and 500,000,000 shares authorized as of december 31, 2021 and 2022, respectively; 74,847,609 and 76,435,940 shares issued as of december 31, 2021 and 2022, respectively; 74,845,441 and 76,433,772 shares outstanding as of december 31, 2021 and 2022, respectively;
      		           210,000       
        deferred revenues
      		            83,503,000 90,180,000 89,656,000  65,760,000 65,330,000 
        deferred revenues, non-current
      		            1,044,000 1,267,000 1,612,000  594,000 615,000 
        other non-current liabilities
      		            3,049,000      
        ordinary shares, nis 0.01 par value 500,000,000 shares authorized as of december 31, 2021 and september 30, 2022 (unaudited); 74,847,609 and 76,023,878 shares issued as of december 31, 2021 and september 30, 2022 (unaudited); 74,845,441 and 76,021,710 outstanding as of december 31, 2021 and september 30, 2022 (unaudited), respectively
      		            208,000      
        ordinary shares, nis 0.01 par value 500,000,000 shares authorized as of december 31, 2021 and june 30, 2022 (unaudited); 74,847,609 and 75,929,758 shares issued as of december 31, 2021 and june 30, 2022 (unaudited); 74,845,441 and 75,927,590 outstanding as of december 31, 2021 and june 30, 2022 (unaudited), respectively
      		             208,000     
        liabilities and shareholders' (deficit) equity
      		                  
        shareholders' (deficit) equity
      		                  
        ordinary shares, nis 0.01 par value 500,000,000 shares authorized as of december 31, 2021 and march 31, 2022 (unaudited), 74,847,609 and 75,397,202 shares issued as of december 31, 2021 and march 31, 2022 (unaudited), 74,845,441 and 75,395,034 outstanding as of december 31, 2021 and march 31, 2022 (unaudited), respectively;
      		              207,000    
        short-term investments
      		                  
        deferred contract costs, noncurrent
      		               9,208,000 8,146,000 7,382,000 
        convertible preferred shares, nis 0.01 par value 51,877,220 and 0 shares authorized as of december 31, 2020 and 2021, respectively; 50,657,042, and 0 shares issued and outstanding as of december 31, 2020, and 2021, respectively;
      		                  
        ordinary shares, nis 0.01 par value 79,176,826 and 500,000,000 shares authorized as of december 31, 2020 and 2021, respectively; 15,328,449 and 74,847,609 shares issued as of december 31, 2020, and 2021, respectively; 15,326,281 and 74,845,441 outstanding as of december 31, 2020 and 2021, respectively;
      		               205,000   
        total shareholders' (deficit) equity
      		               84,914,000 104,780,000 119,067,000 
        total liabilities, convertible preferred shares and shareholders' (deficit) equity
      		               226,999,000 215,850,000 225,477,000 
        similarweb ltd. and subsidiariesconsolidated statements of comprehensive incomeu.s. dollars in thousands
      		                  
        intangible assets and goodwill
      		                3,829,000 3,889,000 
        convertible preferred shares, nis 0.01 par value...
      		                  
        ordinary shares, nis 0.01 par value...
      		                204,000 203,000 
        revenues
      		                97,517,000 61,920,000 
        cost of revenues
      		                21,061,000 13,266,000 
        gross profit
      		                76,456,000 48,654,000 
        operating expenses:
      		                  
        research and development
      		                30,100,000 18,678,000 
        sales and marketing
      		                65,862,000 41,712,000 
        general and administrative
      		                23,698,000 14,747,000 
        total operating expenses
      		                119,660,000 75,137,000 
        income from operations
      		                -43,204,000 -26,483,000 
        finance expenses
      		                -1,158,000 -864,000 
        income before income taxes
      		                -44,362,000 -27,347,000 
        income taxes
      		                807,000 488,000 
        net income
      		                -45,169,000 -27,835,000 
        deemed dividend to ordinary and preferred shareholders
      		                  
        net income per share
      		                -980 -880 
        weighted-average shares used for eps calculation
      		                45,961,751,000 31,452,977,000 
        other comprehensive income, net of tax
      		                  
        change in unrealized gain on cashflow hedges
      		                -53,000 -69,000 
        total other comprehensive income, net of tax
      		                -53,000 -69,000 
        total comprehensive loss
      		                -45,222,000 -27,904,000 
                        
      Cashflow Statements:
      Quarterly
      Annual
        Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 
                      
          cash flows from operating activities:
        		              
          net loss
        		-25,439,000 -21,108,000 -9,259,000 -6,037,000 -3,471,000 -2,733,000 -25,965,000 -21,127,000 -11,834,000 -68,663,000 -47,670,000 -25,609,000 -45,169,000 -27,835,000 
          adjustments to reconcile net loss to net cash from operating activities:
        		              
          depreciation and amortization
        		6,670,000 4,443,000 2,098,000 8,012,000 5,139,000 2,520,000 7,688,000 5,112,000 2,540,000 8,112,000 5,758,000 3,049,000 1,628,000 1,055,000 
          finance income
        		-2,319,000            -204,000 -92,000 
          unrealized loss from hedging future transactions
        		-31,000 -77,000 -30,000 41,000 60,000 31,000 26,000 4,000 -27,000 473,000 347,000 4,000 -18,000 -22,000 
          share-based compensation
        		16,209,000 11,953,000 5,809,000 13,092,000 8,585,000 4,127,000 13,685,000 9,098,000 4,409,000 13,415,000 8,566,000 3,803,000 7,856,000 5,127,000 
          gain from sale of equipment
        		-20,000 -17,000  -10,000           
          changes in operating assets and liabilities:
        		              
          change in operating lease right-of-use assets and liabilities
        		2,255,000 1,828,000 -813,000 -1,304,000 -2,513,000 -2,271,000 -3,938,000 -2,415,000 -1,225,000      
          decrease in accounts receivable
        		9,934,000 8,842,000 11,759,000 13,361,000 9,619,000 6,993,000 3,421,000 5,633,000 644,000 6,198,000 4,333,000 486,000 854,000 5,414,000 
          decrease in deferred contract costs
        		2,626,000 2,112,000 1,285,000 1,588,000 583,000 413,000 3,594,000 2,590,000 1,449,000 -2,129,000     
          decrease in other current assets
        		-897,000 -621,000  -754,000  -1,324,000 -1,587,000  250,000     -216,000 
          decrease in other non-current assets
        		-167,000 -458,000 -237,000 83,000 47,000 33,000 408,000 417,000 431,000 -131,000 -85,000  71,000 70,000 
          increase in accounts payable
        		2,250,000   2,284,000 -3,258,000  4,309,000 343,000 -1,059,000 -2,840,000 1,402,000 1,494,000 4,837,000 3,951,000 
          decrease in deferred revenue
        		-5,198,000   -3,792,000           
          increase in other non-current liabilities
        		215,000 111,000 67,000 355,000 620,000 194,000 -155,000   -561,000    -13,000 
          increase in other liabilities and accrued expenses
        		5,108,000 -702,000  48,000    -4,246,000 -2,610,000 -554,000   7,820,000 2,866,000 
          net cash from operating activities
        		11,196,000 7,746,000 4,886,000 26,756,000 17,412,000 10,064,000 -6,771,000 -1,979,000 326,000 -33,805,000 -12,136,000 914,000 -17,256,000 -664,000 
          capital expenditures
        		  -501,000 -1,991,000 -1,377,000  -2,165,000 -2,022,000 -1,565,000 -28,820,000 -20,995,000 -5,164,000 -1,643,000 -1,133,000 
          free cash flows
        		  4,385,000 24,765,000 16,035,000  -8,936,000 -4,001,000 -1,239,000 -62,625,000 -33,131,000 -4,250,000 -18,899,000 -1,797,000 
          cash flows from investing activities:
        		              
          purchase of property and equipment
        		-1,209,000 -709,000 -501,000 -1,198,000 -908,000 -364,000 -1,377,000 -1,315,000 -1,132,000      
          capitalized internal-use software costs
        		   -793,000 -469,000  -788,000 -707,000 -433,000 -2,495,000 -1,375,000 -380,000 -228,000 -113,000 
          increase in restricted deposits
        		-411,000 -272,000 -135,000 -414,000 -289,000 -168,000        -511,000 
          payment for business combinations, net of cash acquired
        		-15,787,000 -15,671,000 -9,274,000 -15,442,000 -3,833,000 -3,809,000         
          net cash from investing activities
        		-17,407,000 -16,652,000 -9,910,000 -17,847,000 -5,499,000 -4,341,000 -2,297,000 -2,109,000 -1,609,000 -31,160,000 -24,676,000 -5,152,000 27,295,000 27,556,000 
          cash flows from financing activities:
        		              
          proceeds from exercise of stock options
        		4,332,000 2,023,000 562,000 3,724,000 3,057,000 2,671,000 2,125,000 1,830,000 1,392,000    730,000 428,000 
          proceeds from employee share purchase plan
        		1,155,000 1,155,000  555,000 555,000  660,000 660,000  1,234,000     
          repayment of credit facility
        		   -25,000,000 -25,000,000 -25,000,000       -56,800,000 -56,800,000 
          net cash from financing activities
        		5,487,000 3,178,000 562,000 -20,721,000 -21,388,000 -22,329,000 422,000 127,000 -971,000 28,138,000 2,995,000 609,000 124,866,000 126,039,000 
          effect of exchange rates on cash and cash equivalents
        		2,319,000 1,200,000 160,000 211,000 -466,000 -236,000 -1,752,000 -869,000 -207,000 -1,419,000 -1,137,000 -231,000 204,000 92,000 
          net increase in cash and cash equivalents
        		1,595,000 -4,528,000   -9,941,000     -38,246,000 -34,954,000 -3,860,000 135,109,000 153,023,000 
          cash and cash equivalents, beginning of period
        		63,869,000 63,869,000 63,869,000 71,732,000 71,732,000 71,732,000 77,810,000 77,810,000 77,810,000 128,879,000 128,879,000 128,879,000 23,943,000 23,943,000 
          cash and cash equivalents, end of period
        		65,464,000 59,341,000 59,567,000 60,131,000 61,791,000 54,890,000 67,412,000 72,980,000 75,349,000 90,633,000 93,925,000 125,019,000 159,052,000 176,966,000 
          finance expense
        		 -1,200,000 -160,000 -211,000 466,000 236,000 1,752,000 869,000 207,000 1,419,000 1,137,000 231,000   
          decrease in accounts payable
        		 -3,101,000 -2,810,000   -2,463,000         
          increase in deferred revenue
        		 5,741,000 54,000  7,316,000 6,988,000 -3,957,000 2,941,000 7,243,000 5,433,000 12,333,000 12,518,000 12,245,000 11,836,000 
          supplemental disclosure of cash flow information:
        		              
          interest received
        		 -680,000 -355,000    -89,000        
          taxes paid
        		 1,291,000 133,000    1,857,000 1,613,000 55,000 417,000 241,000 60,000 465,000 254,000 
          supplemental disclosure of non-cash financing activities:
        		              
          additions to operating lease right-of-use assets and liabilities
        		 2,743,000     1,048,000 780,000  9,435,000 8,978,000 4,279,000   
          share-based compensation included in capitalized internal-use software
        		              
          deferred proceeds from exercise of share options included in other current assets
        		      54,000 42,000    479,000   
          deferred costs of property and equipment incurred during the period included in accounts payable
        		 236,000     63,000 41,000  770,000 3,454,000 10,542,000   
          increase in other current assets
        		  -1,225,000  -2,917,000   -880,000     -2,712,000  
          decrease in other liabilities and accrued expenses
        		  -1,652,000  -2,857,000 -2,676,000 -6,051,000        
          net decrease in cash and cash equivalents
        		  -4,302,000 -11,601,000  -16,842,000 -10,398,000 -4,830,000 -2,461,000      
          net income
        		              
          adjustments to reconcile net income to net cash from (provided by) operating activities:
        		              
          unrealized (gain) income from hedging transactions
        		              
          gain on sale of equipment
        		         -132,000 -127,000    
          increase in accounts receivable
        		              
          increase in deferred contract costs
        		          -2,358,000 -1,767,000 -4,057,000 -2,525,000 
          decrease (increase) in other non-current assets
        		              
          decrease (increase) in restricted deposits
        		              
          cash received in relation to business combinations
        		         294,000     
          borrowings (repayments) under credit facility
        		              
          payments of contingent consideration
        		      -2,363,000 -2,363,000 -2,363,000      
          loss from sale of equipment
        		       1,000 2,000      
          unrealized gain from hedging future transactions
        		              
          provision for accrued interest on credit facility
        		            -53,000 -53,000 
          decrease in deferred rent
        		            -335,000 -227,000 
          decrease in restricted deposits
        		      -132,000 -87,000 -44,000 1,153,000 106,000 12,000 -262,000  
          decrease in short-term investments
        		            30,000,000 30,000,000 
          purchase of intangible assets
        		              
          borrowings under credit facility
        		         25,000,000   30,000,000 30,000,000 
          repayment of borrowings assumed in business combinations
        		              
          proceeds from initial public offering, net of underwriting fees, commissions and other issuance costs
        		              
          payment in relation to business combinations
        		          -3,787,000    
          deferred payments in relation to business combinations held in escrow
        		      1,269,000 1,269,000       
          schedule a : business combinations
        		              
          working capital
        		         -668,000 -668,000    
          cash refund to be received resulting from adjustment to working capital
        		              
          property, plant and equipment
        		         43,000 43,000    
          goodwill and other intangible assets
        		         4,565,000 4,565,000    
          deferred taxes
        		         -153,000 -153,000    
          decrease in other non-current liabilities
        		       -319,000 -94,000    -19,000  
          interest paid
        		       -40,000 6,000 -16,000 -16,000 -17,000 528,000 528,000 
          proceeds from ppp loan
        		              
          repayment of ppp loan
        		              
          proceeds from issuance of preferred c shares
        		              
          initial public offering costs incurred during the period included in accounts payable and accrued expenses
        		              
          working capital deficit
        		              
          schedule a : business combinations - sum
        		              
          operating lease right-of-use assets and liabilities
        		         5,269,000 2,095,000 3,177,000   
          decrease in prepaid expenses and other current assets
        		         886,000 -379,000    
          purchases of property and equipment
        		         -26,325,000 -19,620,000 -4,784,000 -1,415,000 -1,020,000 
          cash paid in relation to business combinations
        		         -3,787,000     
          acquisitions of intangible assets
        		            -300,000 -300,000 
          proceeds from exercise of share options
        		         1,904,000 2,995,000 609,000   
          proceeds from initial public offering, net of underwriting fees and commissions and other issuance costs
        		            150,936,000 152,411,000 
          supplemental disclosure of non-cash operating, investing and financing activities:
        		              
          offering costs incurred during the period included in accounts payable and accrued expenses
        		            270,000 1,745,000 
          increase in other long-term liabilities
        		          -428,000 -62,000   
          increase in other payables and accrued expenses
        		          2,940,000 2,486,000   
          increase in prepaid expenses and other current assets
        		           1,104,000   
          increase in other non-current assets
        		              
          payment of deferred offering costs
        		              
          payment in relation to business combination
        		            -500,000 -500,000