Company: PERI
Filing Date: 2025-03-25
Form Type: 20-F
Source: 0001178913-25-001021
Chunk: 154

Company: Perion Network Ltd.
Filing Date: 2025-03-25
Form: 20-F
Item: Item 18
Chunk 154
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ITEM   FINANCIAL 
18.    STATEMENTS
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The following financial statements and related auditors’ report are filed as part of this annual report on Form 20-F:
 
 

  

PERION NETWORK LTD. AND ITS SUBSIDIARIES
 
CONSOLIDATED FINANCIAL STATEMENTS
 
AS OF DECEMBER 31, 2024
 
IN U.S. DOLLARS
 
INDEX
 

                                                      Page
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Reports of Independent Registered Public Accounting   F-2 
Firm (PCAOB ID: 1281)                                     
Consolidated Balance Sheets                           F-5 
Consolidated Statements                               F-6 
of Income                                                 
Consolidated                                          F-7 
Statements of Comprehensive Income                        
Consolidated                                          F-8 
Statements of Changes in Shareholders' Equity             
Consolidated                                          F-9 
Statements of Cash Flows                                  
Notes to the Consolidated Financial Statements        F-11
F - 1
 

 
  Kost Forer Gabbay &amp; Kasierer     Tel: +972-3-6232525
144 Menachem Begin Road, Building A,   Fax: +972-3-5622555
      Tel-Aviv 6492102, Israel                ey.com      
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REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

 
To the Shareholders and the Board of directors of Perion Network Ltd.
 
Opinion on the Financial Statements
 
We have audited the accompanying consolidated balance sheets of Perion Network Ltd. and its subsidiaries' (the Company) as of December 31, 2024 and 2023, the related consolidated statements of income, comprehensive income, changes in shareholders' equity and cash flows for each of the three years in the period ended December 31, 2024, and the related notes (collectively referred to as the "consolidated financial statements"). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company at December 31, 2024 and 2023, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2024, in conformity with U.S. generally accepted accounting principles.
 
We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the Company's internal control over financial reporting as of December