AudioCodes Ltd

Chart & Performance

D1W1MN

P/E

17.41

P/S

1.10

EPS

0.52

Div Yield, %

4.01%

Shrs. gr., 5y

-0.10%

Rev. gr., 5y

3.87%

Revenues

242m

-0.90%

Net income

15m

+74.38%

CFO

35m

+136.74%

Dividend

Aug 15, 20240.18 USD/sh

Earnings

Jul 28, 2025

Profile

AudioCodes Ltd. provides advanced communications software, products, and productivity solutions for the digital workplace. The company offers solutions, products, and services for unified communications, contact centers, VoiceAI business line, and service provider business. Its products include session border controllers, life cycle management solutions, VoIP network routing solutions, media gateways and servers, multi-service business routers, IP phones solutions, and value-added applications, as well as professional services. The company also offers One Voice Operations Center, a voice network management solution; Device Manager for administering business phones and meeting room solutions; AudioCodes Routing Manager for handling call routing in VoIP networks; and User Management Pack 365 simplifies user lifecycle and identity management across Microsoft Teams and Skype for Business deployments. In addition, it provides AudioCodes Live for Microsoft Teams, a portfolio of managed services for simplifying Teams adoption; appliances for Microsoft Skype/Teams for Business such as survivable branch appliances, CCE, and CloudBond 365; and a range of value-added voice applications comprising SmartTAP, Voca, VoiceAI Connect, and Meeting Insights. Further, the company offers managed services; and AudioCodes Live Cloud, a Microsoft Teams software as a service solution that enables service providers to offer their business customers a seamless migration to Microsoft Teams. It primarily markets and sells its products through a direct sales force and sales representatives to original equipment manufacturers, network equipment providers, and systems integrators and distributors in the telecommunications and networking industries. The company primarily operates in the Americas, Europe, the Far East, and Israel. AudioCodes Ltd. was incorporated in 1992 and is headquartered in Lod, Israel.

URL

https://www.audiocodes.com/

IPO date

May 01, 1999

Employees

966

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	242,176 -0.90%	244,383 -11.16%	275,093 10.51%
Cost of revenue	224,985	229,959	243,774
Unusual Expense (Income)
NOPBT	17,191	14,424	31,319
NOPBT Margin	7.10%	5.90%	11.38%
Operating Taxes	(215)	5,592	5,717
Tax Rate		38.77%	18.25%
NOPAT	17,406	8,832	25,602
Net income	15,311 74.38%	8,780 -69.16%	28,466 -15.66%
Dividends	(10,896)	(11,399)	(11,552)
Dividend yield	3.65%	2.99%	1.99%
Proceeds from repurchase of equity	(14,328)	(18,259)	(37,044)
BB yield	4.80%	4.79%	6.37%
Debt
Debt current	5,954	7,878	8,169
Long-term debt	66,970	70,686	19,271
Deferred revenue			16,308
Other long-term liabilities	35,821	33,804	17,755
Net debt	(20,987)	(28,094)	(91,661)
Cash flow
Cash from operating activities	35,253	14,891	8,281
CAPEX	(24,280)	(5,965)	(1,487)
Cash from investing activities	17,806	19,976	(19,673)
Cash from financing activities	(24,856)	(28,856)	(48,596)
FCF	4,615	(27,708)	7,242
Balance
Cash	62,385	38,196	41,913
Long term investments	31,526	68,462	77,188
Excess cash	81,802	94,439	105,346
Stockholders' equity	191,814	16,993	12,563
Invested Capital	182,295	244,205	224,980
ROIC	8.16%	3.76%	10.67%
ROCE	6.51%	5.52%	13.18%
EV
Common stock shares outstanding	30,642	31,579	32,500
Price	9.74 -19.30%	12.07 -32.53%	17.89 -48.50%
Market cap	298,453 -21.70%	381,155 -34.44%	581,428 -50.55%
EV	277,466	353,061	489,767
EBITDA	21,074	17,020	34,303
EV/EBITDA	13.17	20.74	14.28
Interest	296	1,565	2,864
Interest/NOPBT	1.72%	10.85%	9.14%