Maytronics Ltd. (TLV: MTRN)

Maytronics Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,688	1,890	1,787	1,409	1,077	846.51
Revenue Growth (YoY)	-7.52%	5.75%	26.78%	30.88%	27.21%	13.12%
Cost of Revenue	1,033	1,100	1,069	816.13	625.53	493.81
Gross Profit	655.02	789.93	718.31	593.26	451.35	352.7
Selling, General & Admin	476.87	476.9	370.22	268.96	209.62	182.9
Research & Development	48.7	55.06	52.64	46.58	32.44	24.53
Other Operating Expenses	-8.47	-8.78	-	-	-	-
Operating Expenses	517.1	523.18	422.86	315.54	242.06	207.43
Operating Income	137.92	266.74	295.45	277.72	209.29	145.27
Interest Expense	-51.85	-55.88	-20.75	-7.58	-6.69	-5.11
Interest & Investment Income	-	0.47	0.43	0.47	0.47	0.53
Currency Exchange Gain (Loss)	-9.44	-9.44	-6.38	12.52	-1.35	4.87
Other Non Operating Income (Expenses)	-1.47	-1.47	-2.22	-1.29	-5.85	-1.71
EBT Excluding Unusual Items	75.16	200.42	266.52	281.83	195.88	143.85
Merger & Restructuring Charges	-	-	-2.78	-	-1.08	-
Asset Writedown	-10.6	-10.6	-	-	-	-
Other Unusual Items	2.07	2.07	-	-	-	-
Pretax Income	66.63	191.89	263.74	281.83	194.8	143.85
Income Tax Expense	22.23	28.33	35.99	41.58	26.35	25.91
Earnings From Continuing Operations	44.4	163.56	227.75	240.25	168.45	117.94
Minority Interest in Earnings	-7.02	-15.31	-9.45	-16.24	-14.17	-6.73
Net Income	37.37	148.25	218.3	224.01	154.28	111.21
Net Income to Common	37.37	148.25	218.3	224.01	154.28	111.21
Net Income Growth	-72.75%	-32.09%	-2.55%	45.20%	38.73%	11.74%
Shares Outstanding (Basic)	109	110	109	109	108	108
Shares Outstanding (Diluted)	110	110	110	110	109	108
Shares Change (YoY)	-0.17%	-0.00%	-0.07%	0.59%	0.64%	0.67%
EPS (Basic)	0.34	1.35	2.00	2.05	1.43	1.03
EPS (Diluted)	0.34	1.35	1.99	2.04	1.41	1.03
EPS Growth	-72.84%	-32.16%	-2.45%	44.68%	36.89%	11.96%
Free Cash Flow	69.51	102.57	-275.06	78.9	209.75	121.81
Free Cash Flow Per Share	0.63	0.94	-2.51	0.72	1.92	1.12
Dividend Per Share	0.410	0.684	0.996	1.236	0.922	0.705
Dividend Growth	-52.17%	-31.37%	-19.41%	34.10%	30.75%	9.99%
Gross Margin	38.81%	41.80%	40.20%	42.09%	41.91%	41.67%
Operating Margin	8.17%	14.12%	16.53%	19.70%	19.44%	17.16%
Profit Margin	2.21%	7.85%	12.22%	15.89%	14.33%	13.14%
Free Cash Flow Margin	4.12%	5.43%	-15.39%	5.60%	19.48%	14.39%
EBITDA	187.27	309.46	327.9	333.93	256.08	185.85
EBITDA Margin	11.10%	16.38%	18.35%	23.69%	23.78%	21.95%
D&A For EBITDA	49.35	42.72	32.45	56.21	46.79	40.58
EBIT	137.92	266.74	295.45	277.72	209.29	145.27
EBIT Margin	8.17%	14.12%	16.53%	19.70%	19.44%	17.16%
Effective Tax Rate	33.36%	14.77%	13.64%	14.75%	13.53%	18.01%
Advertising Expenses	-	159.62	76.77	44.65	37.43	39.34

Source: S&P Capital IQ. Standard template. Financial Sources.