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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	8.91	5.83	7.41	-7.26	-5.31	10.75
Total Interest Expense	0.07	0.02	0.01	0.04	0.04	0.01
Net Interest Income	8.84	5.8	7.4	-7.29	-5.36	10.75
Brokerage Commission	38.52	36.83	20.1	51.58	110.34	71.45
Revenue	47.36	42.63	27.5	44.29	104.98	82.2
Revenue Growth (YoY)	35.40%	55.05%	-37.91%	-57.82%	27.72%	15.83%
Cost of Services Provided	28.55	25.66	21.89	26.82	47.99	42.46
Total Operating Expenses	28.55	25.66	21.89	26.82	47.99	42.46
Operating Income	18.81	16.97	5.61	17.47	56.99	39.74
Other Non-Operating Income (Expenses)	7.02	7.5	5.18	1.56	1.08	2.7
EBT Excluding Unusual Items	25.63	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	28.9	24.47	10.79	19.12	58.32	41.46
Income Tax Expense	7.2	6.14	2.52	4.88	15.54	10.36
Net Income	21.7	18.33	8.27	14.24	42.79	31.1
Net Income to Common	21.7	18.33	8.27	14.24	42.79	31.1
Net Income Growth	65.45%	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)	7.82%	16.50%	16.12%	-18.40%	37.57%	2.57%
EPS (Basic)	0.70	0.59	0.31	0.62	1.55	1.55
EPS (Diluted)	0.70	0.59	0.31	0.62	1.52	1.52
EPS Growth	53.45%	90.32%	-50.00%	-59.21%	-	11.96%
Free Cash Flow	3.64	19.54	29.57	-21.48	47.81	44.84
Free Cash Flow Per Share	0.12	0.63	1.11	-0.94	1.70	2.19
Dividend Per Share	0.389	0.598	0.234	0.704	2.046	-
Dividend Growth	-12.28%	155.00%	-66.71%	-65.58%	-	-
Operating Margin	39.72%	39.81%	20.40%	39.44%	54.29%	48.34%
Profit Margin	45.83%	43.00%	30.07%	32.15%	40.76%	37.84%
Free Cash Flow Margin	7.68%	45.84%	107.55%	-48.49%	45.54%	54.55%
Effective Tax Rate	24.90%	25.09%	23.38%	25.53%	26.64%	24.98%
Revenue as Reported	47.43	42.66	27.51	44.32	105.03	82.21

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