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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,498	1,424	1,234	846.68	771.5	1,399
Revenue Growth (YoY)	5.71%	15.37%	45.77%	9.74%	-44.86%	10.65%
Cost of Revenue	1,266	1,200	1,038	709.5	640.95	1,186
Gross Profit	231.69	224.15	196.54	137.19	130.56	213.13
Selling, General & Admin	168.16	164.62	153.43	109.37	97.48	152.45
Other Operating Expenses	-1.8	-1.6	0.05	-	-	-
Operating Expenses	166.36	163.02	153.48	109.37	97.48	152.45
Operating Income	65.33	61.14	43.07	27.81	33.07	60.68
Interest Expense	-14.63	-14.27	-6.93	-2.43	-2.12	-4.64
Interest & Investment Income	-	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	46.35	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	45.13	42.74	37.24	20.47	29.54	51.54
Income Tax Expense	13.72	12.56	12.3	6.47	6.43	12.36
Earnings From Continuing Operations	31.41	30.18	24.94	14	23.1	39.18
Earnings From Discontinued Operations	-	-	-0.94	28.45	20.83	-
Net Income to Company	31.41	30.18	24	42.45	43.93	39.18
Minority Interest in Earnings	-8.04	-7.89	-7.24	-5.04	-4.4	-2.95
Net Income	23.37	22.29	16.76	37.41	39.53	36.23
Net Income to Common	23.37	22.29	16.76	37.41	39.53	36.23
Net Income Growth	17.88%	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)	0.27%	-	-	-	-	-
EPS (Basic)	0.53	0.50	0.38	0.84	0.89	0.82
EPS (Diluted)	0.52	0.50	0.38	0.84	0.89	0.82
EPS Growth	17.74%	33.31%	-55.35%	-5.44%	9.06%	-13.22%
Free Cash Flow	65.69	81.08	-1.18	60.59	101.06	25.07
Free Cash Flow Per Share	1.48	1.83	-0.03	1.37	2.28	0.57
Dividend Per Share	0.436	0.271	0.248	0.575	0.807	0.313
Dividend Growth	522.86%	9.27%	-56.87%	-28.75%	157.83%	-47.39%
Gross Margin	15.47%	15.74%	15.92%	16.20%	16.92%	15.23%
Operating Margin	4.36%	4.29%	3.49%	3.29%	4.29%	4.34%
Profit Margin	1.56%	1.57%	1.36%	4.42%	5.12%	2.59%
Free Cash Flow Margin	4.39%	5.69%	-0.10%	7.16%	13.10%	1.79%
EBITDA	81.94	78.73	59.64	39.85	43.45	76.45
EBITDA Margin	5.47%	5.53%	4.83%	4.71%	5.63%	5.46%
D&A For EBITDA	16.61	17.6	16.58	12.04	10.38	15.77
EBIT	65.33	61.14	43.07	27.81	33.07	60.68
EBIT Margin	4.36%	4.29%	3.49%	3.29%	4.29%	4.34%
Effective Tax Rate	30.40%	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.