E & M Computing Ltd. (TLV: EMCO)

E & M Computing 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	1,456	1,424	1,234	846.68	771.5	1,399
Revenue Growth (YoY)	4.48%	15.37%	45.77%	9.74%	-44.86%	10.65%
Cost of Revenue	1,234	1,200	1,038	709.5	640.95	1,186
Gross Profit	222.2	224.15	196.54	137.19	130.56	213.13
Selling, General & Admin	164.91	164.62	153.43	109.37	97.48	152.45
Other Operating Expenses	-1.58	-1.6	0.05	-	-	-
Operating Expenses	163.33	163.02	153.48	109.37	97.48	152.45
Operating Income	58.87	61.14	43.07	27.81	33.07	60.68
Interest Expense	-15.17	-14.27	-6.93	-2.43	-2.12	-4.64
Interest & Investment Income	1.51	1.44	0.76	0.25	0.18	0.31
Currency Exchange Gain (Loss)	3.55	3.55	4.76	-2.47	-2.8	-4.15
Other Non Operating Income (Expenses)	-7.9	-7.9	-4.47	-1.62	0.53	-1.87
EBT Excluding Unusual Items	40.86	43.96	37.19	21.55	28.86	50.33
Impairment of Goodwill	-	-	-	-	-	-0.15
Gain (Loss) on Sale of Investments	-	-	-	0.29	0.07	0.41
Gain (Loss) on Sale of Assets	0.14	0.14	-0.01	0	-0.17	-0.05
Asset Writedown	-	-	-	-0.26	-	0.04
Other Unusual Items	-1.37	-1.37	0.07	-1.11	0.78	0.97
Pretax Income	39.64	42.74	37.24	20.47	29.54	51.54
Income Tax Expense	12.71	12.56	12.3	6.47	6.43	12.36
Earnings From Continuing Operations	26.94	30.18	24.94	14	23.1	39.18
Earnings From Discontinued Operations	-	-	-0.94	28.45	20.83	-
Net Income to Company	26.94	30.18	24	42.45	43.93	39.18
Minority Interest in Earnings	-7.67	-7.89	-7.24	-5.04	-4.4	-2.95
Net Income	19.26	22.29	16.76	37.41	39.53	36.23
Net Income to Common	19.26	22.29	16.76	37.41	39.53	36.23
Net Income Growth	-12.62%	33.01%	-55.20%	-5.36%	9.11%	-13.11%
Shares Outstanding (Basic)	44	44	44	44	44	44
Shares Outstanding (Diluted)	44	44	44	44	44	44
Shares Change (YoY)	-0.01%	-	-	-	-	-
EPS (Basic)	0.43	0.50	0.38	0.84	0.89	0.82
EPS (Diluted)	0.43	0.50	0.38	0.84	0.89	0.82
EPS Growth	-12.59%	33.31%	-55.35%	-5.44%	9.06%	-13.22%
Free Cash Flow	74.51	81.08	-1.18	60.59	101.06	25.07
Free Cash Flow Per Share	1.68	1.83	-0.03	1.37	2.28	0.57
Dividend Per Share	0.240	0.271	0.248	0.575	0.807	0.313
Dividend Growth	-3.61%	9.27%	-56.87%	-28.75%	157.83%	-47.39%
Gross Margin	15.26%	15.74%	15.92%	16.20%	16.92%	15.23%
Operating Margin	4.04%	4.29%	3.49%	3.29%	4.29%	4.34%
Profit Margin	1.32%	1.57%	1.36%	4.42%	5.12%	2.59%
Free Cash Flow Margin	5.12%	5.69%	-0.10%	7.16%	13.10%	1.79%
EBITDA	75.57	78.73	59.64	39.85	43.45	76.45
EBITDA Margin	5.19%	5.53%	4.83%	4.71%	5.63%	5.46%
D&A For EBITDA	16.7	17.6	16.58	12.04	10.38	15.77
EBIT	58.87	61.14	43.07	27.81	33.07	60.68
EBIT Margin	4.04%	4.29%	3.49%	3.29%	4.29%	4.34%
Effective Tax Rate	32.05%	29.38%	33.04%	31.61%	21.78%	23.98%
Advertising Expenses	-	2.18	1.96	1.33	0.71	2.12

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