I.B.I.- Managing & Underwriting Ltd (TLV:IBIU)

TLV:IBIU Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	5.83	7.41	-7.26	-5.31	10.75
Total Interest Expense	0.02	0.01	0.04	0.04	0.01
Net Interest Income	5.8	7.4	-7.29	-5.36	10.75
Brokerage Commission	36.83	20.1	51.58	110.34	71.45
Revenue	42.63	27.5	44.29	104.98	82.2
Revenue Growth (YoY)	55.05%	-37.91%	-57.82%	27.72%	15.83%
Cost of Services Provided	25.66	21.89	26.82	47.99	42.46
Total Operating Expenses	25.66	21.89	26.82	47.99	42.46
Operating Income	16.97	5.61	17.47	56.99	39.74
Other Non-Operating Income (Expenses)	7.5	5.18	1.56	1.08	2.7
EBT Excluding Unusual Items	24.47	10.79	19.02	57.99	42.44
Gain (Loss) on Sale of Investments	-	-	0.1	0.33	-0.98
Pretax Income	24.47	10.79	19.12	58.32	41.46
Income Tax Expense	6.14	2.52	4.88	15.54	10.36
Net Income	18.33	8.27	14.24	42.79	31.1
Net Income to Common	18.33	8.27	14.24	42.79	31.1
Net Income Growth	121.72%	-41.94%	-66.72%	37.57%	14.84%
Shares Outstanding (Basic)	31	27	23	28	20
Shares Outstanding (Diluted)	31	27	23	28	20
Shares Change (YoY)	16.50%	16.12%	-18.40%	37.57%	2.57%
EPS (Basic)	0.59	0.31	0.62	1.55	1.55
EPS (Diluted)	0.59	0.31	0.62	1.52	1.52
EPS Growth	90.32%	-50.00%	-59.21%	-	11.96%
Free Cash Flow	19.54	29.57	-21.48	47.81	44.84
Free Cash Flow Per Share	0.63	1.11	-0.94	1.70	2.19
Dividend Per Share	-	0.234	0.704	2.046	-
Dividend Growth	-	-66.71%	-65.58%	-	-
Operating Margin	39.81%	20.40%	39.44%	54.29%	48.34%
Profit Margin	43.00%	30.07%	32.15%	40.76%	37.84%
Free Cash Flow Margin	45.84%	107.55%	-48.49%	45.54%	54.55%
Effective Tax Rate	25.09%	23.38%	25.53%	26.64%	24.98%
Revenue as Reported	42.66	27.51	44.32	105.03	82.21

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