Matrix IT Income Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	6,239	5,580	5,232	4,673	4,360
Revenue Growth (YoY)	11.82%	6.64%	11.97%	7.17%	13.13%
Cost of Revenue	5,299	4,747	4,468	4,001	3,730
Gross Profit	939.67	832.99	764.18	672.01	630.4
Selling, General & Admin	417.53	382.92	370.76	321.52	301.01
Operating Expenses	417.53	382.92	370.76	321.52	301.01
Operating Income	522.14	450.07	393.42	350.49	329.39
Interest Expense	-62.72	-57.11	-69.37	-37.81	-28.16
Interest & Investment Income	20.29	20.08	14.51	2.27	0.36
Currency Exchange Gain (Loss)	-23.09	-14.32	-1.4	2.75	-3.28
Other Non Operating Income (Expenses)	-19.17	-15.52	-11.97	-12.99	-14.13
EBT Excluding Unusual Items	437.45	383.2	325.19	304.71	284.19
Gain (Loss) on Sale of Assets	-	-	-	150.06	-
Pretax Income	437.45	383.2	325.19	454.77	284.19
Income Tax Expense	107.13	94.98	78.33	100.29	65.45
Earnings From Continuing Operations	330.32	288.22	246.86	354.48	218.75
Minority Interest in Earnings	-23.04	-15.8	-19.52	-19.81	-23.41
Net Income	307.28	272.42	227.33	334.67	195.34
Net Income to Common	307.28	272.42	227.33	334.67	195.34
Net Income Growth	12.80%	19.83%	-32.07%	71.33%	13.18%
Shares Outstanding (Basic)	64	64	63	63	62
Shares Outstanding (Diluted)	64	64	64	63	63
Shares Change (YoY)	0.50%	-	0.62%	-	0.28%
EPS (Basic)	4.83	4.29	3.58	5.32	3.13
EPS (Diluted)	4.81	4.29	3.58	5.30	3.09
EPS Growth	12.16%	19.79%	-32.45%	71.52%	12.77%
Free Cash Flow	800.8	577.68	457.33	348.63	184.14
Free Cash Flow Per Share	12.54	9.09	7.20	5.52	2.92
Dividend Per Share	3.440	3.210	2.670	-	2.350
Dividend Growth	7.17%	20.23%	-	-	12.98%
Gross Margin	15.06%	14.93%	14.61%	14.38%	14.46%
Operating Margin	8.37%	8.07%	7.52%	7.50%	7.56%
Profit Margin	4.92%	4.88%	4.35%	7.16%	4.48%
Free Cash Flow Margin	12.84%	10.35%	8.74%	7.46%	4.22%
EBITDA	584.41	506.18	597.04	512.71	477.13
EBITDA Margin	9.37%	9.07%	11.41%	10.97%	10.94%
D&A For EBITDA	62.27	56.11	203.62	162.23	147.74
EBIT	522.14	450.07	393.42	350.49	329.39
EBIT Margin	8.37%	8.07%	7.52%	7.50%	7.56%
Effective Tax Rate	24.49%	24.79%	24.09%	22.05%	23.03%

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