G1 Secure Solutions Ltd (TLV: GOSS)

G1 Secure Solutions 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	935.07	878.67	827.09	804.71	821.4	805.85
Revenue Growth (YoY)	6.88%	6.24%	2.78%	-2.03%	1.93%	0.61%
Cost of Revenue	777.73	730.51	688.3	678.56	679.73	660.61
Gross Profit	157.34	148.16	138.79	126.15	141.68	145.24
Selling, General & Admin	105.71	103.21	95.8	85.52	86.05	77.64
Other Operating Expenses	6.21	-	-	-	-	5.9
Operating Expenses	111.92	103.21	95.8	85.52	86.05	83.54
Operating Income	45.42	44.94	42.99	40.63	55.62	61.7
Interest Expense	-8.92	-4.02	-3.71	-3.74	-2.86	-2
Interest & Investment Income	3.95	3.53	3.81	3.19	2.16	2.42
Earnings From Equity Investments	3.14	2.88	1.42	0.72	-1.77	-0.99
Currency Exchange Gain (Loss)	0.33	0.33	0.71	-0.14	-0.87	-0.25
Other Non Operating Income (Expenses)	-5.95	-5.95	-4.34	-3.83	-0.57	-0.6
EBT Excluding Unusual Items	37.98	41.72	40.89	36.83	51.72	60.28
Gain (Loss) on Sale of Assets	-0.16	-0.16	-0.23	-0.12	0.05	-0.4
Legal Settlements	-	-	-	-3.25	-	-
Pretax Income	37.82	41.57	40.66	33.46	51.77	59.88
Income Tax Expense	10.48	10.34	9.95	8.37	12.93	14.74
Net Income	27.34	31.23	30.71	25.09	38.84	45.14
Net Income to Common	27.34	31.23	30.71	25.09	38.84	45.14
Net Income Growth	-17.21%	1.71%	22.38%	-35.40%	-13.97%	9.47%
Shares Outstanding (Basic)	80	80	80	80	80	80
Shares Outstanding (Diluted)	80	80	80	80	80	80
Shares Change (YoY)	6.71%	-	-	0.21%	0.06%	-
EPS (Basic)	0.34	0.39	0.39	0.31	0.49	0.57
EPS (Diluted)	0.34	0.39	0.39	0.31	0.49	0.57
EPS Growth	-22.42%	1.71%	22.38%	-35.53%	-14.03%	9.47%
Free Cash Flow	84.8	57.93	51.38	50.47	78	67.15
Free Cash Flow Per Share	1.06	0.73	0.64	0.63	0.98	0.84
Dividend Per Share	0.183	0.332	0.383	0.336	-	0.571
Dividend Growth	-52.44%	-13.32%	13.81%	-	-	549.19%
Gross Margin	16.83%	16.86%	16.78%	15.68%	17.25%	18.02%
Operating Margin	4.86%	5.11%	5.20%	5.05%	6.77%	7.66%
Profit Margin	2.92%	3.55%	3.71%	3.12%	4.73%	5.60%
Free Cash Flow Margin	9.07%	6.59%	6.21%	6.27%	9.50%	8.33%
EBITDA	53.95	52.35	51.03	48.66	64.32	66.05
EBITDA Margin	5.77%	5.96%	6.17%	6.05%	7.83%	8.20%
D&A For EBITDA	8.53	7.41	8.04	8.03	8.7	4.35
EBIT	45.42	44.94	42.99	40.63	55.62	61.7
EBIT Margin	4.86%	5.11%	5.20%	5.05%	6.77%	7.66%
Effective Tax Rate	27.71%	24.86%	24.48%	25.01%	24.98%	24.61%
Advertising Expenses	-	1.42	1.52	0.87	0.83	0.76

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