Perion Network Ltd. Stock

Upon first examination, the financials of Perion Network (US symbol: MAIL) appear quite promising. The company, operating in the Software & IT Services industry, has been making steady progress over the past few years. The continuous growth in its assets and net income suggests that it is on an upward trajectory and well-positioned in its market. However, a more in-depth analysis is necessary to determine the specifics of its financial position and any potential weaknesses.

Increasing total assets: Perion Network's total assets have been growing consistently. Going from $358,681,000 in 2020 to $713,232,000 in 2021, and finally reaching $870,218,000 in 2022. Such an increase in assets highlights the company's steady expansion and potential for further growth.

Growing net income: The company's net income has seen significant growth in recent years.` It increased from $10,225,000 in 2020 to $38,706,000 in 2021, and further up to $99,225,000 in 2022. This positive trajectory indicates that Perion Network is becoming more profitable, which is typically an attractive feature for investors.