FMS Enterprises Migun Ltd (TLV:FBRT)

FMS Enterprises Migun Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	121.37	128.07	113.42	94.71	78.77
Revenue Growth (YoY)	-5.23%	12.92%	19.75%	20.24%	29.93%
Cost of Revenue	68.4	72.56	66.14	56.85	45.43
Gross Profit	52.97	55.51	47.28	37.86	33.34
Selling, General & Admin	9.19	8.98	7.76	7.58	7.45
Other Operating Expenses	0.05	-	-	0.24	0.02
Operating Expenses	9.24	8.98	7.76	7.82	7.47
Operating Income	43.73	46.53	39.52	30.04	25.87
Interest Expense	-0.08	-0.06	-0.07	-0.09	-0.09
Interest & Investment Income	5.26	6.72	5.3	1.6	0.33
Currency Exchange Gain (Loss)	1.1	-0.16	1.08	-0.05	-0.12
EBT Excluding Unusual Items	50.01	53.02	45.83	31.5	25.99
Pretax Income	50.01	53.02	45.83	31.5	25.99
Income Tax Expense	8.38	9.64	8.12	6.61	4.31
Net Income	41.63	43.38	37.71	24.89	21.68
Net Income to Common	41.63	43.38	37.71	24.89	21.68
Net Income Growth	-4.04%	15.05%	51.50%	14.78%	30.70%
Shares Outstanding (Basic)	9	9	9	9	9
Shares Outstanding (Diluted)	9	9	9	9	9
EPS (Basic)	4.53	4.72	4.10	2.71	2.36
EPS (Diluted)	4.50	4.72	4.10	2.71	2.36
EPS Growth	-4.62%	15.05%	51.50%	14.78%	30.70%
Free Cash Flow	19.1	43.85	25.8	16.86	19.15
Free Cash Flow Per Share	2.08	4.77	2.81	1.83	2.08
Dividend Per Share	2.180	5.430	3.260	1.630	1.630
Dividend Growth	-59.85%	66.56%	100.00%	-	49.54%
Gross Margin	43.65%	43.34%	41.69%	39.98%	42.32%
Operating Margin	36.03%	36.33%	34.84%	31.72%	32.84%
Profit Margin	34.30%	33.87%	33.25%	26.28%	27.53%
Free Cash Flow Margin	15.74%	34.24%	22.75%	17.80%	24.31%
EBITDA	46.88	49.93	43.21	33.1	28.85
EBITDA Margin	38.63%	38.99%	38.10%	34.95%	36.63%
D&A For EBITDA	3.15	3.4	3.69	3.05	2.99
EBIT	43.73	46.53	39.52	30.04	25.87
EBIT Margin	36.03%	36.33%	34.84%	31.72%	32.84%
Effective Tax Rate	16.75%	18.18%	17.72%	20.98%	16.57%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.