Globrands Ltd. (TLV:GLRS)

Globrands Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	752.32	753.78	664.83	596.02	549.1	520.81
Revenue Growth (YoY)	9.85%	13.38%	11.54%	8.54%	5.43%	12.12%
Cost of Revenue	523.13	525.11	467.67	402.55	365.54	342.02
Gross Profit	229.19	228.67	197.17	193.47	183.56	178.79
Selling, General & Admin	136.5	135.03	118.92	99.85	86.59	82.26
Other Operating Expenses	-1.42	-1.65	-1.68	-1.3	-1.12	-0.41
Operating Expenses	135.08	133.39	117.24	98.55	85.48	81.85
Operating Income	94.11	95.28	79.93	94.92	98.09	96.94
Interest Expense	-12.99	-12.53	-11.39	-3.95	-2.22	-2.32
Interest & Investment Income	0.22	0.22	0.17	0.15	0.16	-
Currency Exchange Gain (Loss)	0.15	0.15	0.24	0.5	0.19	0.04
Other Non Operating Income (Expenses)	5.93	6.07	4.55	-1.45	-1.03	-0.96
EBT Excluding Unusual Items	87.41	89.19	73.5	90.17	95.2	93.69
Merger & Restructuring Charges	-	-	-	-0.45	-	-
Gain (Loss) on Sale of Assets	1.54	1.54	1.68	0.07	-0.07	0.54
Asset Writedown	-0.02	-0.02	-0.48	-	-	-
Pretax Income	88.92	90.7	74.7	89.79	95.13	94.23
Income Tax Expense	21.72	21.98	21.33	20.84	22.39	22.06
Earnings From Continuing Operations	67.2	68.72	53.37	68.95	72.74	72.17
Minority Interest in Earnings	5.86	5.39	6.09	1.32	-	-
Net Income	73.06	74.1	59.46	70.27	72.74	72.17
Net Income to Common	73.06	74.1	59.46	70.27	72.74	72.17
Net Income Growth	21.33%	24.63%	-15.38%	-3.40%	0.79%	13.04%
Shares Outstanding (Basic)	1	1	1	1	1	1
Shares Outstanding (Diluted)	1	1	1	1	1	1
Shares Change (YoY)	0.84%	1.10%	1.84%	-	2.12%	2.33%
EPS (Basic)	59.45	60.30	47.51	57.18	59.19	59.97
EPS (Diluted)	57.51	58.56	47.51	57.18	59.19	59.97
EPS Growth	20.32%	23.27%	-16.91%	-3.40%	-1.31%	10.46%
Free Cash Flow	-18.9	9.07	16.5	-55.68	75.6	58.89
Free Cash Flow Per Share	-14.88	7.17	13.18	-45.31	61.52	48.94
Dividend Per Share	-	-	46.379	46.377	51.260	74.858
Dividend Growth	-	-	0.00%	-9.53%	-31.52%	49.21%
Gross Margin	30.46%	30.34%	29.66%	32.46%	33.43%	34.33%
Operating Margin	12.51%	12.64%	12.02%	15.93%	17.86%	18.61%
Profit Margin	9.71%	9.83%	8.94%	11.79%	13.25%	13.86%
Free Cash Flow Margin	-2.51%	1.20%	2.48%	-9.34%	13.77%	11.31%
EBITDA	104.24	105.47	88.01	101.8	104.94	102.99
EBITDA Margin	13.86%	13.99%	13.24%	17.08%	19.11%	19.78%
D&A For EBITDA	10.14	10.19	8.08	6.88	6.85	6.06
EBIT	94.11	95.28	79.93	94.92	98.09	96.94
EBIT Margin	12.51%	12.64%	12.02%	15.93%	17.86%	18.61%
Effective Tax Rate	24.43%	24.24%	28.55%	23.21%	23.54%	23.41%
Revenue as Reported	752.32	753.78	664.83	596.02	549.1	520.81
Advertising Expenses	-	5.42	5.08	4.21	4.22	4.08

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