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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,699	1,890	1,787	1,409	1,077	846.51
Revenue Growth (YoY)	-10.80%	5.75%	26.78%	30.88%	27.21%	13.12%
Cost of Revenue	1,032	1,100	1,069	816.13	625.53	493.81
Gross Profit	667.06	789.93	718.31	593.26	451.35	352.7
Selling, General & Admin	471.75	476.9	370.22	268.96	209.62	182.9
Research & Development	49.17	55.06	52.64	46.58	32.44	24.53
Other Operating Expenses	-8.63	-8.78	-	-	-	-
Operating Expenses	512.28	523.18	422.86	315.54	242.06	207.43
Operating Income	154.78	266.74	295.45	277.72	209.29	145.27
Interest Expense	-48.76	-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	95.11	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	86.58	191.89	263.74	281.83	194.8	143.85
Income Tax Expense	21.28	28.33	35.99	41.58	26.35	25.91
Earnings From Continuing Operations	65.3	163.56	227.75	240.25	168.45	117.94
Minority Interest in Earnings	-9.2	-15.31	-9.45	-16.24	-14.17	-6.73
Net Income	56.1	148.25	218.3	224.01	154.28	111.21
Net Income to Common	56.1	148.25	218.3	224.01	154.28	111.21
Net Income Growth	-67.57%	-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)	-0.06%	-0.00%	-0.07%	0.59%	0.64%	0.67%
EPS (Basic)	0.51	1.35	2.00	2.05	1.43	1.03
EPS (Diluted)	0.51	1.35	1.99	2.04	1.41	1.03
EPS Growth	-67.65%	-32.16%	-2.45%	44.68%	36.89%	11.96%
Free Cash Flow	180.1	102.57	-275.06	78.9	209.75	121.81
Free Cash Flow Per Share	1.64	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	39.26%	41.80%	40.20%	42.09%	41.91%	41.67%
Operating Margin	9.11%	14.12%	16.53%	19.70%	19.44%	17.16%
Profit Margin	3.30%	7.85%	12.22%	15.89%	14.33%	13.14%
Free Cash Flow Margin	10.60%	5.43%	-15.39%	5.60%	19.48%	14.39%
EBITDA	203.32	309.46	327.9	333.93	256.08	185.85
EBITDA Margin	11.97%	16.38%	18.35%	23.69%	23.78%	21.95%
D&A For EBITDA	48.54	42.72	32.45	56.21	46.79	40.58
EBIT	154.78	266.74	295.45	277.72	209.29	145.27
EBIT Margin	9.11%	14.12%	16.53%	19.70%	19.44%	17.16%
Effective Tax Rate	24.58%	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.