Globrands Ltd. (TLV: GLRS)

Globrands 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	737.45	664.83	596.02	549.1	520.81	464.51
Revenue Growth (YoY)	15.83%	11.55%	8.54%	5.43%	12.12%	-1.09%
Cost of Revenue	523.73	467.67	402.55	365.54	342.02	300.06
Gross Profit	213.73	197.17	193.47	183.56	178.79	164.45
Selling, General & Admin	127.28	118.92	99.85	86.59	82.26	79.28
Other Operating Expenses	-1.09	-1.2	-1.3	-1.12	-0.41	-1.06
Operating Expenses	126.19	117.71	98.55	85.48	81.85	78.22
Operating Income	87.54	79.46	94.92	98.09	96.94	86.23
Interest Expense	-12.88	-11.39	-3.95	-2.22	-2.32	-2.47
Interest & Investment Income	0.25	0.17	0.15	0.16	-	-
Currency Exchange Gain (Loss)	0.24	0.24	0.5	0.19	0.04	0.66
Other Non Operating Income (Expenses)	4.55	4.55	-1.45	-1.03	-0.96	-2.37
EBT Excluding Unusual Items	79.7	73.02	90.17	95.2	93.69	82.05
Merger & Restructuring Charges	-	-	-0.45	-	-	-
Gain (Loss) on Sale of Assets	2.89	1.68	0.07	-0.07	0.54	2.31
Pretax Income	82.43	74.7	89.79	95.13	94.23	84.36
Income Tax Expense	23.98	21.33	20.84	22.39	22.06	20.52
Earnings From Continuing Operations	58.45	53.37	68.95	72.74	72.17	63.84
Minority Interest in Earnings	6.61	6.09	1.32	-	-	-
Net Income	65.06	59.46	70.27	72.74	72.17	63.84
Net Income to Common	65.06	59.46	70.27	72.74	72.17	63.84
Net Income Growth	-2.12%	-15.38%	-3.40%	0.79%	13.04%	-6.56%
Shares Outstanding (Basic)	1	1	1	1	1	1
Shares Outstanding (Diluted)	1	1	1	1	1	1
Shares Change (YoY)	2.17%	1.84%	-	2.12%	2.33%	-
EPS (Basic)	51.97	47.51	57.18	59.19	59.97	54.29
EPS (Diluted)	51.55	47.51	57.18	59.19	59.97	54.29
EPS Growth	-4.21%	-16.91%	-3.40%	-1.30%	10.47%	-6.56%
Free Cash Flow	71.19	16.5	-55.68	75.6	58.89	63.17
Free Cash Flow Per Share	56.41	13.18	-45.31	61.52	48.94	53.72
Dividend Per Share	21.969	46.379	46.379	51.260	74.858	50.170
Dividend Growth	-56.45%	0%	-9.52%	-31.52%	49.21%	-9.23%
Gross Margin	28.98%	29.66%	32.46%	33.43%	34.33%	35.40%
Operating Margin	11.87%	11.95%	15.93%	17.86%	18.61%	18.56%
Profit Margin	8.82%	8.94%	11.79%	13.25%	13.86%	13.74%
Free Cash Flow Margin	9.65%	2.48%	-9.34%	13.77%	11.31%	13.60%
EBITDA	96.87	87.53	101.8	104.94	102.99	91.79
EBITDA Margin	13.14%	13.17%	17.08%	19.11%	19.78%	19.76%
D&A For EBITDA	9.33	8.08	6.88	6.85	6.06	5.56
EBIT	87.54	79.46	94.92	98.09	96.94	86.23
EBIT Margin	11.87%	11.95%	15.93%	17.86%	18.61%	18.56%
Effective Tax Rate	29.09%	28.55%	23.21%	23.54%	23.41%	24.32%
Revenue as Reported	737.45	664.83	596.02	549.1	520.81	464.51
Advertising Expenses	-	5.08	4.21	4.22	4.08	4.12

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