KLTR Chart
About

Kaltura, Inc. provides various software-as-a-service (SaaS) products and solutions and a platform-as-a-service (PaaS) in the United States, Europe, the Middle East, Africa, and internationally. The company operates through two segments, Enterprise, Education, and Technology (EE&T); and Media and Telecom (M&T). It offers video products, such as virtual and hybrid events, webinars, video portals, online learning, and content portals for training, marketing, virtual and hybrid events, communication, collaboration, sales, and customer care; and education solutions, such as learning management system video and lecture capture solutions. The company provides online video experiences, including for over-the-top (OTT) television, cloud TV, web video publishing, video-based teaching, learning, training, video-based marketing, and video-based collaboration. In addition, it offers application programming interfaces (APIs), software development kits, and experience components, including live, real-time and on-demand video, ingestion, transcoding, enrichment, management, distribution, engagement, monetization, and deep viewer analytics, as well as video player, video editor, video capture tool, and chat and networking widgets. The company serves a range of industries, including financial services, high technology, healthcare and pharmaceuticals, education, public sector, media, telecommunications, information technology (IT) and professional services, retail, and manufacturing. The company was incorporated in 2006 and is headquartered in New York, New York.

Fundamentals
Scroll to Statements
Sector Technology Industry Software - Application Market Cap 225.56M
Enterprise Value 213.20M Income -18.10M Sales 180.92M
Book/sh 0.11 Cash/sh 0.46 Dividend Yield —
Payout 0.00% Employees 563 IPO —
P/E — Forward P/E 26.55 PEG —
P/S 1.25 P/B 12.81 P/C —
EV/EBITDA -135.80 EV/Sales 1.18 Quick Ratio 0.92
Current Ratio 1.12 Debt/Eq 269.38 LT Debt/Eq —
EPS (ttm) -0.11 EPS next Y 0.06 EPS Growth —
Revenue Growth -1.00% Earnings 2026-03-16 ROA -2.20%
ROE -86.45% ROIC — Gross Margin 70.18%
Oper. Margin -2.28% Profit Margin -10.01% Shs Outstand 141.89M
Shs Float 89.02M Short Float 1.56% Short Ratio 4.23
Short Interest — 52W High 2.33 52W Low 1.21
Beta 1.06 Avg Volume 320.66K Volume 307.34K
Target Price $3.50 Recom None Prev Close $1.52
Price $1.46 Change -3.95%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$3.50
Mean price target
2. Current target
$1.46
Latest analyst target
3. DCF / Fair value
$2.57
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.46
Low
$3.00
High
$4.00
Mean
$3.50

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-11-25 reit Needham Buy → Buy $3
2025-03-14 reit Needham Buy → Buy $3
2025-03-13 reit Citizens Capital Markets Market Outperform → Market Outperform $4
2025-02-21 main Citizens Capital Markets Market Outperform → Market Outperform $4
2025-01-17 reit Needham Buy → Buy $3
2024-11-07 main Wells Fargo Underweight → Underweight $2
2024-11-07 reit Needham Buy → Buy $3
2024-08-09 reit Needham Buy → Buy $3
2024-06-21 main Wells Fargo Underweight → Underweight $1
2024-05-20 reit Needham Buy → Buy $3
2024-05-10 main Needham Buy → Buy $3
2024-02-23 reit Needham Buy → Buy $5
2024-01-18 reit Needham Buy → Buy $5
2023-12-20 down Wells Fargo Equal-Weight → Underweight $2
2023-09-25 reit JMP Securities Market Outperform → Market Outperform $4
2023-09-14 reit Needham Buy → Buy $5
2023-08-02 main Needham Buy → Buy $5
2023-05-11 reit Needham — → Buy $6
2023-05-10 reit JMP Securities — → Market Outperform $4
2023-04-17 down B of A Securities Neutral → Underperform $2
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 1052632 — — Stock Award(Grant) at price 0.00 per share. YEKUTIEL RON Chief Executive Officer — 2026-01-16 00:00:00 D
1 302632 — — Stock Award(Grant) at price 0.00 per share. AZARIA EYNAV Officer — 2026-01-16 00:00:00 D
2 302632 — — Stock Award(Grant) at price 0.00 per share. ISRAELI NATAN Officer — 2026-01-16 00:00:00 D
3 27956 50880 — Sale at price 1.82 per share. MANOR EYAL Director — 2025-11-13 00:00:00 D
4 400 720 — Sale at price 1.80 per share. MANOR EYAL Director — 2025-11-12 00:00:00 D
5 18580 28242 — Sale at price 1.52 per share. DOHERTY JOHN N Chief Financial Officer — 2025-10-06 00:00:00 D
6 38114 56790 — Sale at price 1.49 per share. DOHERTY JOHN N Chief Financial Officer — 2025-09-03 00:00:00 D
7 14828 29211 — Sale at price 1.97 per share. DOHERTY JOHN N Chief Financial Officer — 2025-07-02 00:00:00 D
8 86852 — — Stock Award(Grant) at price 0.00 per share. FAIER RONEN Director — 2025-06-25 00:00:00 D
9 86852 — — Stock Award(Grant) at price 0.00 per share. HALEVI-DAVIDOV NAAMA Director — 2025-06-25 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems36.75K251.16K-671.37K0.00
TaxRateForCalcs0.210.210.210.27
NormalizedEBITDA-16.09M-30.76M-52.42M-30.26M
TotalUnusualItems175.00K1.20M-3.20M0.00
TotalUnusualItemsExcludingGoodwill175.00K1.20M-3.20M0.00
NetIncomeFromContinuingOperationNetMinorityInterest-31.32M-46.37M-68.50M-59.35M
ReconciledDepreciation5.06M4.72M2.71M2.41M
ReconciledCostOfRevenue59.61M62.94M61.87M62.31M
EBITDA-15.92M-29.56M-55.62M-30.26M
EBIT-20.98M-34.28M-58.33M-32.67M
NetInterestIncome259.00K-969.00K-2.29M-20.11M
InterestExpense2.68M3.18M2.30M20.11M
InterestIncome3.35M2.73M962.00K5.00K
NormalizedIncome-31.45M-47.31M-65.97M-59.35M
NetIncomeFromContinuingAndDiscontinuedOperation-31.32M-46.37M-68.50M-59.35M
TotalExpenses202.82M212.85M223.95M197.69M
TotalOperatingIncomeAsReported-24.10M-38.66M-56.38M-32.67M
DilutedAverageShares147.93M138.24M130.37M71.07M
BasicAverageShares147.93M138.24M130.37M71.07M
DilutedEPS-0.21-0.34-0.53-0.95
BasicEPS-0.21-0.34-0.53-0.95
DilutedNIAvailtoComStockholders-31.32M-46.37M-68.50M-67.59M
NetIncomeCommonStockholders-31.32M-46.37M-68.50M-67.59M
PreferredStockDividends8.24M
NetIncome-31.32M-46.37M-68.50M-59.35M
NetIncomeIncludingNoncontrollingInterests-31.32M-46.37M-68.50M-59.35M
NetIncomeContinuousOperations-31.32M-46.37M-68.50M-59.35M
TaxProvision7.65M8.91M7.87M6.57M
PretaxIncome-23.66M-37.45M-60.63M-52.78M
OtherIncomeExpense175.00K1.20M-3.20M-15.43M
SpecialIncomeCharges0.00-973.00K-1.24M0.00
GainOnSaleOfPPE0.00757.00K
RestructuringAndMergernAcquisition0.00973.00K1.24M0.00
GainOnSaleOfSecurity175.00K2.17M-1.96M-16.18M
NetNonOperatingInterestIncomeExpense259.00K-969.00K-2.29M-20.11M
TotalOtherFinanceCost414.00K526.00K950.00K950.00K
InterestExpenseNonOperating2.68M3.18M2.30M20.11M
InterestIncomeNonOperating3.35M2.73M962.00K5.00K
OperatingIncome-24.10M-37.68M-55.14M-32.67M
OperatingExpense143.21M149.92M162.08M135.38M
OtherOperatingExpenses1.72M
ResearchAndDevelopment49.43M52.40M57.39M48.38M
SellingGeneralAndAdministration93.78M97.52M104.69M85.28M
SellingAndMarketingExpense47.77M48.80M59.28M45.79M
GeneralAndAdministrativeExpense46.01M48.72M45.41M39.49M
OtherGandA13.72M12.85M45.41M39.49M
SalariesAndWages32.28M35.87M30.78M28.37M
GrossProfit119.11M112.23M106.94M102.70M
CostOfRevenue59.61M62.94M61.87M62.31M
TotalRevenue178.72M175.17M168.81M165.02M
OperatingRevenue178.72M175.17M168.81M165.02M
Line Item2024-12-312023-12-312022-12-312021-12-31
TreasurySharesNumber9.92M7.69M7.69M7.69M
OrdinarySharesNumber152.06M142.59M134.56M126.93M
ShareIssued161.98M150.27M142.25M134.61M
TotalDebt50.03M54.83M58.85M38.59M
TangibleBookValue13.11M18.56M31.03M72.30M
InvestedCapital56.65M64.98M79.14M123.86M
WorkingCapital19.89M11.82M24.20M77.56M
NetTangibleAssets13.11M18.56M31.03M72.30M
CapitalLeaseObligations17.77M20.17M23.05M0.00
CommonStockEquity24.39M30.32M43.35M85.27M
TotalCapitalization53.54M63.37M73.35M121.07M
TotalEquityGrossMinorityInterest24.39M30.32M43.35M85.27M
StockholdersEquity24.39M30.32M43.35M85.27M
GainsLossesNotAffectingRetainedEarnings959.00K1.05M-301.00K0.00
OtherEquityAdjustments959.00K1.05M-301.00K
TreasuryStock7.80M4.88M4.88M4.88M
RetainedEarnings-468.81M-437.50M-391.13M-322.63M
AdditionalPaidInCapital500.02M471.63M439.64M412.78M
CapitalStock15.00K14.00K13.00K13.00K
CommonStock15.00K14.00K13.00K13.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest156.92M153.42M162.82M138.02M
TotalNonCurrentLiabilitiesNetMinorityInterest55.26M53.51M53.99M39.93M
OtherNonCurrentLiabilities1.71M1.88M2.02M2.19M
DerivativeProductLiabilities0.00
NonCurrentAccruedExpenses8.60M0.00
TradeandOtherPayablesNonCurrent8.60M0.00
NonCurrentDeferredLiabilities530.00K787.00K1.27M1.95M
NonCurrentDeferredRevenue67.00K369.00K1.27M1.95M
NonCurrentDeferredTaxesLiabilities463.00K418.00K
LongTermDebtAndCapitalLeaseObligation44.42M50.84M50.70M35.80M
LongTermCapitalLeaseObligation15.26M17.80M20.70M0.00
LongTermDebt29.15M33.05M30.00M35.80M
CurrentLiabilities101.66M99.91M108.84M98.09M
OtherCurrentLiabilities2.26M1.17M1.09M1.73M
CurrentDeferredLiabilities63.12M62.36M59.84M51.69M
CurrentDeferredRevenue63.12M62.36M59.84M51.69M
CurrentDebtAndCapitalLeaseObligation5.61M3.99M8.15M2.79M
CurrentCapitalLeaseObligation2.50M2.37M2.35M0.00
CurrentDebt3.11M1.61M5.79M2.79M
OtherCurrentBorrowings3.11M1.61M5.79M2.79M
PensionandOtherPostRetirementBenefitPlansCurrent14.88M18.63M
PayablesAndAccruedExpenses30.67M32.39M39.76M41.87M
CurrentAccruedExpenses21.77M17.00M22.36M25.87M
Payables8.90M15.38M17.40M16.00M
TotalTaxPayable5.64M11.76M7.97M9.53M
AccountsPayable3.27M3.63M9.44M6.48M
TotalAssets181.31M183.74M206.17M223.29M
TotalNonCurrentAssets59.75M72.00M73.14M47.65M
OtherNonCurrentAssets1.41M1.42M1.32M575.00K
DefinedPensionBenefit1.58M1.69M1.85M1.97M
NonCurrentDeferredAssets13.61M17.31M21.69M22.62M
InvestmentsAndAdvances3.38M5.84M0.00
InvestmentinFinancialAssets3.38M5.84M0.00
AvailableForSaleSecurities3.38M5.84M
GoodwillAndOtherIntangibleAssets11.28M11.76M12.31M12.98M
OtherIntangibleAssets212.00K689.00K1.24M1.91M
Goodwill11.07M11.07M11.07M11.07M
NetPPE28.50M33.98M35.96M9.50M
AccumulatedDepreciation-8.68M-7.15M-4.04M-2.66M
GrossPPE37.18M41.13M40.00M12.16M
Leases7.13M7.27M1.97M513.00K
OtherProperties12.31M13.87M20.81M
MachineryFurnitureEquipment17.75M19.99M17.22M11.65M
Properties0.000.000.000.00
CurrentAssets121.56M111.73M133.03M175.65M
OtherCurrentAssets929.00K1.36M1.55M1.25M
HedgingAssetsCurrent960.00K998.00K0.00
CurrentDeferredAssets10.77M10.64M10.76M9.08M
RestrictedCash3.51M3.40M2.60M0.00
PrepaidAssets4.08M2.66M3.37M3.86M
Receivables19.98M23.31M28.79M17.51M
AccountsReceivable19.98M23.31M28.79M17.51M
CashCashEquivalentsAndShortTermInvestments81.33M69.38M85.97M143.95M
OtherShortTermInvestments48.27M32.69M41.34M0.00
CashAndCashEquivalents33.06M36.68M44.62M143.95M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow11.71M-12.40M-52.80M-28.11M
RepurchaseOfCapitalStock-2.95M0.000.00-1.57M
RepaymentOfDebt-2.19M-4.50M-3.14M-53.55M
IssuanceOfDebt0.003.50M0.0041.91M
IssuanceOfCapitalStock0.000.00160.43M
CapitalExpenditure-521.00K-4.10M-5.98M-6.00M
InterestPaidSupplementalData2.69M2.95M2.30M1.94M
IncomeTaxPaidSupplementalData3.77M4.29M8.87M2.64M
EndCashPosition33.16M36.78M45.83M144.37M
BeginningCashPosition36.78M45.83M144.37M28.36M
EffectOfExchangeRateChanges90.00K728.00K-1.42M0.00
ChangesInCash-3.71M-9.78M-97.11M116.02M
FinancingCashFlow-3.53M109.00K-529.00K143.37M
CashFlowFromContinuingFinancingActivities-3.53M109.00K-529.00K143.37M
NetOtherFinancingCharges-17.00K-274.00K-125.00K-5.19M
ProceedsFromStockOptionExercised1.62M1.38M2.73M1.33M
NetPreferredStockIssuance0.000.00-1.57M
PreferredStockPayments0.000.00-1.57M
NetCommonStockIssuance-2.95M0.000.00160.43M
CommonStockPayments-2.95M0.000.00
CommonStockIssuance0.000.00160.43M
NetIssuancePaymentsOfDebt-2.19M-1.00M-3.14M-11.63M
NetLongTermDebtIssuance-2.19M-1.00M-3.14M-11.63M
LongTermDebtPayments-2.19M-4.50M-3.14M-53.55M
LongTermDebtIssuance0.003.50M0.0041.91M
InvestingCashFlow-12.41M-1.58M-49.76M-5.24M
CashFlowFromContinuingInvestingActivities-12.41M-1.58M-49.76M-5.24M
NetOtherInvestingChanges-1.75M-2.60M
NetInvestmentPurchaseAndSale-11.89M4.27M-41.18M0.00
SaleOfInvestment38.98M51.98M18.98M0.00
PurchaseOfInvestment-50.87M-47.71M-60.16M0.00
NetBusinessPurchaseAndSale0.000.00
SaleOfBusiness0.000.00
NetIntangiblesPurchaseAndSale0.000.00-145.00K
PurchaseOfIntangibles0.000.00-145.00K
NetPPEPurchaseAndSale-521.00K-2.61M-1.22M-1.12M
SaleOfPPE0.000.00757.00K
PurchaseOfPPE-521.00K-2.61M-1.22M-1.88M
CapitalExpenditureReported0.00-1.49M-4.76M-3.98M
OperatingCashFlow12.23M-8.30M-46.83M-22.11M
CashFlowFromContinuingOperatingActivities12.23M-8.30M-46.83M-22.11M
ChangeInWorkingCapital2.08M-6.55M-17.01M-5.81M
ChangeInOtherWorkingCapital-5.13M-8.03M-7.31M-9.42M
ChangeInOtherCurrentLiabilities-14.00K443.00K-51.00K-675.00K
ChangeInPayablesAndAccruedExpense4.84M-5.09M1.20M7.64M
ChangeInAccruedExpense5.38M797.00K-1.94M3.76M
ChangeInPayable-534.00K-5.88M3.13M3.89M
ChangeInAccountPayable-534.00K-5.88M3.13M3.89M
ChangeInPrepaidAssets-949.00K648.00K429.00K-2.30M
ChangeInReceivables3.33M5.47M-11.28M-1.06M
ChangesInAccountReceivables3.33M5.47M-11.28M-1.06M
OtherNonCashItems10.23M10.65M10.72M9.29M
StockBasedCompensation26.26M29.98M23.64M17.07M
DepreciationAmortizationDepletion5.06M4.72M2.71M2.41M
DepreciationAndAmortization5.06M4.72M2.71M2.41M
AmortizationCashFlow477.00K555.00K665.00K1.00M
AmortizationOfIntangibles477.00K555.00K665.00K1.00M
Depreciation4.59M4.16M2.04M1.41M
OperatingGainsLosses-90.00K-728.00K1.61M14.29M
GainLossOnInvestmentSecurities15.05M
NetForeignCurrencyExchangeGainLoss-90.00K-728.00K1.42M0.00
GainLossOnSaleOfPPE0.000.00185.00K-757.00K
NetIncomeFromContinuingOperations-31.32M-46.37M-68.50M-59.35M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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