Michman Finance Ltd (TLV:MCMN)

Michman Finance 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	118.17	116.99	137.6	108.28	41.42	19.03
Total Interest Expense	43.75	38.25	32.93	22.72	7.68	6.44
Net Interest Income	74.43	78.74	104.67	85.56	33.73	12.59
Revenue Before Loan Losses	74.43	78.74	104.67	85.56	33.73	12.59
Provision for Loan Losses	9.04	9.46	10.05	5.4	2.29	1.23
Revenue	65.39	69.28	94.62	80.16	31.45	11.36
Revenue Growth (YoY)	-19.50%	-26.78%	18.03%	154.92%	176.81%	16.50%
Cost of Services Provided	20.63	22.23	28.13	23.32	15.58	7.55
Other Operating Expenses	6.06	6.06	11.5	7.32	2.09	0.17
Total Operating Expenses	26.95	28.67	40.05	30.94	18.59	12.12
Operating Income	38.44	40.61	54.57	49.23	12.85	-0.76
EBT Excluding Unusual Items	38.55	40.72	54.74	49.17	14.62	-0.76
Gain (Loss) on Sale of Investments	11.14	7.67	0.96	-13.76	11.36	-
Other Unusual Items	0.05	0.05	3.12	0.83	-	-
Pretax Income	49.74	48.43	58.81	36.23	25.98	-0.76
Income Tax Expense	13.78	12.96	15	8.62	7.26	1.29
Net Income	35.95	35.47	43.82	27.62	18.72	-2.05
Net Income to Common	35.95	35.47	43.82	27.62	18.72	-2.05
Net Income Growth	-1.27%	-19.04%	58.65%	47.52%	-	-
Shares Outstanding (Basic)	2	2	2	2	1	1
Shares Outstanding (Diluted)	2	2	2	2	2	1
Shares Change (YoY)	4.25%	-0.87%	-12.59%	14.71%	60.83%	-
EPS (Basic)	22.00	22.31	28.33	18.36	13.29	-2.05
EPS (Diluted)	21.69	22.19	27.17	14.97	11.64	-2.05
EPS Growth	-5.22%	-18.33%	81.50%	28.61%	-	-
Free Cash Flow	-156.54	-229.31	78.83	-238.71	-109.04	1.53
Free Cash Flow Per Share	-94.40	-143.43	48.88	-129.39	-67.80	1.53
Dividend Per Share	-	-	-	4.066	-	-
Operating Margin	58.79%	58.62%	57.67%	61.41%	40.87%	-6.66%
Profit Margin	54.98%	51.20%	46.31%	34.45%	59.53%	-18.02%
Free Cash Flow Margin	-239.39%	-330.98%	83.31%	-297.78%	-346.75%	13.45%
Effective Tax Rate	27.71%	26.76%	25.50%	23.78%	27.93%	-

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