Company Information

  

Address: KAYA RICHARD J BEAUJON
WILLEMSTAD CURACAO NETHERLANDS 
City: CURACAO NETHERLANDS 
State:  
Zip Code: 4758 
Telephone: 97289382777 

Description of Business

Primary SIC Code: 7372
(As filed with the SEC)  

Our legal and commercial name is Sapiens International Corporation N.V., and we were incorporated and registered in CuraƧao on April 6, 1990. In November 2017, our shareholders approved the migration of our legal domicile to the Cayman Islands. Such migration is subject to certain rulings and approvals of the tax authorities in Israel and Curacao, which have not yet been received as of the date of this annual report. We are registered as an Israeli company for tax purposes only. Our principal place of business is located at Azrieli Center, 26 Harokmim Street, Holon, 5885800, Israel, and our telephone number there is +972-3-790-2000. Sapiens Americas Corporation is our agent in the United States. Our World Wide Web address is www.sapiens.com. The information contained on that web site is not a part of this annual report. Except as described elsewhere in this annual report, we have not had any important events in the development of our business since January 1, 2017.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/20170.010.2001152.00
12/20160.40NA35.85
12/20150.41NA24.88
09/20140.25NA29.60
06/20140.25NA32.00
03/20140.26NA31.19
12/20130.27NA28.56
03/20130.28NA19.43

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.00Total Liab/Total Assets0.46
Net Inc/Total Assets0.00Total Liab/Inv Cap0.56
Net Inc/Inv Cap0.00Total Liab/Comm Equity0.81
Pretax Inc/Net Sales-0.01Interest Coverage RatioNA
Net Inc/Net Sales0.00Curr Debt/EquityNA
Cash Flow/Net Sales0.03LTD/Equity0.39
SG&A/NetSales0.22Total Debt/Equity0.39
Asset Utilization   Liquidity  
Net Receivables Turnover5.35Quick Ratio1.87
Inventory TurnoverNACurrent Ratio1.87
Inventory Day SalesNANet Rec/Curr Assets0.45
Net Sales/Work Cap4.43Inv/Curr AssetsNA
Net Sales/PP&E25.17  

Income Statement (Millions)

  12/31/2017 12/31/2016 12/31/2015 12/31/2014
Total Revenues(Net Sales) 269.19 216.19 185.64 157.45
Cost of Goods Sold 175.68 130.40 111.19 99.10
Selling & Admin Exps 60.56 44.46 39.86 32.10
Operating Income 1.00 24.84 24.35 14.91
Interest Exp NA NA NA NA
Pretax Income -2.01 25.37 24.51 15.03
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 0.35 19.34 20.02 14.46

Balance Sheet (Millions)

Assets 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Cash & Short Term Investments 71.47 79.13 63.13 47.40
Receivables - Total 59.51 41.07 35.22 35.80
Inventories - Total NA NA NA NA
Total Current Assets 130.97 120.20 98.34 83.20
Net Property, Plant & Equipment 10.70 9.81 5.68 5.01
Total Assets 373.62 257.85 242.27 233.21
Liabilities        
Accounts Payable 53.66 38.61 36.73 30.26
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities 70.17 47.75 47.00 39.53
Long-Term Debt 78.28 0.00 NA NA
Total Liabilities 171.39 62.55 60.08 54.76
Stockholder's Equity        
Minority Interest 0.83 0.80 0.87 0.69
Preferred Stock NA NA NA NA
Common Stock 0.69 0.68 0.68 0.67
Retained Earnings -12.93 -13.28 -32.61 -52.63
Treasury Stock -9.42 -9.42 -9.42 -9.42
Total Stockholders' Equity 200.04 193.60 180.94 177.60
Total Liabilities and Stockholders' Equity 371.44 256.15 241.02 232.36

Cash Flow Summary (Millions)

Categories 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Cash Provided by Operating Activities 8.48 26.04 40.44 21.56
Net Cash Provided by Investing Activities -73.20 -8.32 -18.85 -42.75
Net Cash Provided by Financing Activities 70.78 -11.23 -14.18 1.46

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013135.3811.600.27
12/2014157.4514.46--
12/2015185.6420.020.41
12/2016216.1919.340.40
12/2017269.190.350.01
Growth Rates18.75-58.27--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18434,6209.28




Report Date : 7/16/2018

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