Fiverr acquires creative firm Working Not Working

  • Fiverr International . (NYSE:FVRR) announces the acquisition of Working Not Working for an undisclosed amount.
  • Working Not Working is described as a leading platform for high-end creative talent, trusted by many of the world’s leading brands and agencies, including Alphabet , Netflix, Spotify , Droga5, and Wieden+Kennedy.
  • The company says Working Not Working will help it in efforts to build new products that appeal to the advertising and marketing communities.
  • The acquisition is said to expand Fiverr's penetration into high quality creatives and freelancers and gives them the opportunity to tap into its own technology.

    Fundamentals Fiverr

    Over the current book year the total revenue from the company in Tel Aviv-Yafo will be 187.76 million USD (consensus estimates). This is hugely more than 2019's revenue of 107.07 million USD.

    Historical revenues and results Fiverr International plus estimates 2020

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    The analysts expect for 2020 a net profit of 11 million USD. The majority of the analysts expects for this year a profit per share of 30 cent. The price-earnings-ratio equals an extreme 1077.

    Analysts don't expect the company to pay a dividend. The average dividend yield of the support companies is a low 0.22 percent.

    Based on the current number of outstanding shares Fiverr International 's market capitalization 10.01 billion USD. The Fiverr International stock was the past 12 months quite unstable. Since last February the stock is even 1058 percent higher. This year the stock price moved between 20 and 324 dollar.

    Historical stock prices Fiverr International past 10 years

    historical stocks fiverrinternationalltd

    Click here for dividend Fiverr International Ltd. On Friday the stock closed at 323.1 USD.

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