Meitav Investment House Ltd (TLV:MTAV)

Meitav Investment House 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
Operating Revenue	1,427	1,301	1,068	993	924	833
Other Revenue	355	318	245	199	188	162
Revenue	1,782	1,619	1,313	1,192	1,112	995
Revenue Growth (YoY)	24.01%	23.30%	10.15%	7.19%	11.76%	7.57%
Cost of Revenue	329	329	326	331	310	282
Gross Profit	1,453	1,290	987	861	802	713
Selling, General & Admin	651	591	505	460	401	350
Operating Expenses	732	672	579	524	463	409
Operating Income	721	618	408	337	339	304
Interest Expense	-195	-187	-156	-116	-73	-51
Interest & Investment Income	36	30	37	7	32	19
Earnings From Equity Investments	-2	-27	-22	-24	-3	6
Currency Exchange Gain (Loss)	1	1	2	3	-	1
Other Non Operating Income (Expenses)	-23	-11	-13	-20	-36	-11
EBT Excluding Unusual Items	538	424	256	187	259	268
Impairment of Goodwill	-	-	-	-	-	-41
Gain (Loss) on Sale of Investments	-	-	32	-1	3	-
Gain (Loss) on Sale of Assets	3	3	-5	12	-	76
Legal Settlements	-34	-34	-32	-26	-558	-22
Other Unusual Items	-	-	-	-	-3	-
Pretax Income	507	393	251	172	-299	281
Income Tax Expense	131	103	94	77	93	89
Earnings From Continuing Operations	376	290	157	95	-392	192
Minority Interest in Earnings	-43	-34	-27	-21	-22	-30
Net Income	333	256	130	74	-414	162
Net Income to Common	333	256	130	74	-414	162
Net Income Growth	91.38%	96.92%	75.68%	-	-	107.69%
Shares Outstanding (Basic)	79	78	79	68	66	65
Shares Outstanding (Diluted)	79	78	79	68	66	65
Shares Change (YoY)	0.16%	-0.01%	16.16%	2.54%	0.98%	-1.68%
EPS (Basic)	4.23	3.26	1.66	1.10	-6.28	2.49
EPS (Diluted)	4.23	3.26	1.66	1.09	-6.29	2.49
EPS Growth	91.02%	96.86%	51.93%	-	-	112.77%
Free Cash Flow	57	13	364	-60	154	-12
Free Cash Flow Per Share	0.72	0.17	4.64	-0.89	2.34	-0.18
Dividend Per Share	1.150	1.590	0.830	-	0.380	0.770
Dividend Growth	0.88%	91.57%	-	-	-50.65%	45.28%
Gross Margin	81.54%	79.68%	75.17%	72.23%	72.12%	71.66%
Operating Margin	40.46%	38.17%	31.07%	28.27%	30.49%	30.55%
Profit Margin	18.69%	15.81%	9.90%	6.21%	-37.23%	16.28%
Free Cash Flow Margin	3.20%	0.80%	27.72%	-5.03%	13.85%	-1.21%
EBITDA	748	641	432	421	424	388
EBITDA Margin	41.98%	39.59%	32.90%	35.32%	38.13%	39.00%
D&A For EBITDA	27	23	24	84	85	84
EBIT	721	618	408	337	339	304
EBIT Margin	40.46%	38.17%	31.07%	28.27%	30.49%	30.55%
Effective Tax Rate	25.84%	26.21%	37.45%	44.77%	-	31.67%
Revenue as Reported	1,782	1,619	1,313	1,192	1,112	995
Advertising Expenses	-	26	32	45	43	18

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.