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

TLV:IBIU 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	16.89	5.83	7.41	-7.26	-5.31	10.75
Total Interest Expense	0.05	0.02	0.01	0.04	0.04	0.01
Net Interest Income	16.84	5.8	7.4	-7.29	-5.36	10.75
Brokerage Commission	44.2	36.83	20.1	51.58	110.34	71.45
Revenue	61.04	42.63	27.5	44.29	104.98	82.2
Revenue Growth (YoY)	92.46%	55.05%	-37.91%	-57.82%	27.72%	15.83%
Cost of Services Provided	33.08	25.66	21.89	26.82	47.99	42.46
Total Operating Expenses	33.08	25.66	21.89	26.82	47.99	42.46
Operating Income	27.96	16.97	5.61	17.47	56.99	39.74
Other Non-Operating Income (Expenses)	6.18	7.5	5.18	1.56	1.08	2.7
EBT Excluding Unusual Items	33.64	24.47	10.79	19.02	57.99	42.44
Gain (Loss) on Sale of Investments	3.28	-	-	0.1	0.33	-0.98
Pretax Income	36.92	24.47	10.79	19.12	58.32	41.46
Income Tax Expense	9.39	6.14	2.52	4.88	15.54	10.36
Net Income	27.52	18.33	8.27	14.24	42.79	31.1
Net Income to Common	27.52	18.33	8.27	14.24	42.79	31.1
Net Income Growth	132.80%	121.72%	-41.94%	-66.72%	37.57%	14.84%
Shares Outstanding (Basic)	31	31	27	23	28	20
Shares Outstanding (Diluted)	31	31	27	23	28	20
Shares Change (YoY)	3.54%	16.50%	16.12%	-18.40%	37.57%	2.57%
EPS (Basic)	0.88	0.59	0.31	0.62	1.55	1.55
EPS (Diluted)	0.88	0.59	0.31	0.62	1.52	1.52
EPS Growth	124.84%	90.32%	-50.00%	-59.21%	-	11.96%
Free Cash Flow	22.14	19.54	29.57	-21.48	47.81	44.84
Free Cash Flow Per Share	0.71	0.63	1.11	-0.94	1.70	2.19
Dividend Per Share	0.890	0.598	0.234	0.704	2.046	-
Dividend Growth	131.44%	155.00%	-66.71%	-65.58%	-	-
Operating Margin	45.81%	39.81%	20.40%	39.44%	54.29%	48.34%
Profit Margin	45.09%	43.00%	30.07%	32.15%	40.76%	37.84%
Free Cash Flow Margin	36.27%	45.84%	107.55%	-48.49%	45.54%	54.55%
Effective Tax Rate	25.45%	25.09%	23.38%	25.53%	26.64%	24.98%
Revenue as Reported	61.09	42.66	27.51	44.32	105.03	82.21

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