Bait Bakfar Ltd (TLV: BKFR)

Bait Bakfar Income Statement

Financials in millions ILS. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	101.01	99.1	92.99	85.39	84.45	84.85
Revenue Growth (YoY)	5.33%	6.58%	8.90%	1.12%	-0.48%	1.86%
Cost of Revenue	32.83	31.7	29.75	30.34	30.27	30.37
Gross Profit	68.19	67.4	63.24	55.05	54.18	54.48
Selling, General & Admin	24.25	23.72	21.28	18.98	20.37	18.08
Other Operating Expenses	-	-	0.04	-	-0.03	5.69
Operating Expenses	24.25	23.72	21.32	18.98	20.34	23.77
Operating Income	43.94	43.68	41.92	36.06	33.84	30.71
Interest Expense	-	-0.8	-1.3	-1.1	-1.57	-1.06
Interest & Investment Income	8.05	6.77	3.2	1.14	2.43	1.46
Currency Exchange Gain (Loss)	-	-	-	-	-	-1.55
Other Non Operating Income (Expenses)	-14.39	-14.39	-21.7	-10.45	2.28	-1.98
EBT Excluding Unusual Items	37.59	35.26	22.12	25.66	36.99	27.59
Gain (Loss) on Sale of Investments	1.79	1.79	-8.61	9.28	5.14	-
Asset Writedown	150.9	131.33	112.25	36.19	9.41	60.27
Pretax Income	190.27	168.38	125.76	71.13	51.54	87.86
Income Tax Expense	47.8	42.72	28.74	16.23	10.68	21.74
Earnings From Continuing Operations	142.48	125.66	97.02	54.9	40.86	66.12
Minority Interest in Earnings	-	-	-	-	-	-0.08
Net Income	142.48	125.66	97.02	54.9	40.86	66.04
Net Income to Common	142.48	125.66	97.02	54.9	40.86	66.04
Net Income Growth	94.90%	29.52%	76.72%	34.36%	-38.13%	40.67%
Shares Outstanding (Basic)	70	70	67	63	53	50
Shares Outstanding (Diluted)	70	70	67	63	53	50
Shares Change (YoY)	1.84%	3.63%	7.97%	17.65%	6.25%	-
EPS (Basic)	2.04	1.80	1.44	0.88	0.77	1.32
EPS (Diluted)	2.04	1.80	1.44	0.88	0.77	1.32
EPS Growth	91.38%	24.98%	63.68%	14.21%	-41.77%	40.67%
Free Cash Flow	49.2	40.98	29.13	23.14	10.22	18.84
Free Cash Flow Per Share	0.70	0.59	0.43	0.37	0.19	0.38
Dividend Per Share	0.430	0.430	0.430	0.430	-	-
Gross Margin	67.50%	68.01%	68.01%	64.46%	64.16%	64.21%
Operating Margin	43.50%	44.08%	45.08%	42.23%	40.07%	36.20%
Profit Margin	141.05%	126.81%	104.34%	64.29%	48.38%	77.83%
Free Cash Flow Margin	48.71%	41.36%	31.33%	27.09%	12.10%	22.20%
EBITDA	44.41	44.15	42.33	36.39	34.17	32.2
EBITDA Margin	43.96%	44.55%	45.52%	42.61%	40.46%	37.95%
D&A For EBITDA	0.47	0.47	0.41	0.32	0.33	1.49
EBIT	43.94	43.68	41.92	36.06	33.84	30.71
EBIT Margin	43.50%	44.08%	45.08%	42.23%	40.07%	36.20%
Effective Tax Rate	25.12%	25.37%	22.85%	22.82%	20.72%	24.75%
Advertising Expenses	-	5.81	6.41	6.07	5.36	4.78

Source: S&P Capital IQ. Standard template. Financial Sources.