Synel M.L.L Payway Ltd (TLV:SNEL)

Synel M.L.L Payway 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
Revenue	86.51	92.88	98.5	89.41	93.45	92.34
Revenue Growth (YoY)	-9.23%	-5.71%	10.17%	-4.32%	1.19%	-40.39%
Cost of Revenue	40.15	43.62	44.81	47.74	50.18	52.71
Gross Profit	46.36	49.25	53.69	41.67	43.27	39.64
Selling, General & Admin	21.96	21.64	22.6	21.15	21.91	21.63
Research & Development	6.79	8.35	10.73	10.01	9.5	9.38
Other Operating Expenses	-	-	0.25	-	0	0.01
Operating Expenses	28.75	29.99	33.58	31.16	31.41	31.02
Operating Income	17.61	19.26	20.11	10.51	11.86	8.62
Interest Expense	-1.66	-1.47	-0.69	-0.48	-0.57	-0.36
Currency Exchange Gain (Loss)	-2.01	-2.01	-0.89	-1.45	-0.27	-0.61
Other Non Operating Income (Expenses)	1.19	-0.12	-0.6	-0.18	-0.34	-1.18
EBT Excluding Unusual Items	15.13	15.66	17.93	8.4	10.68	6.48
Impairment of Goodwill	-	-	-	-0.88	-	-
Gain (Loss) on Sale of Investments	0.07	0.07	0.1	0.4	0.04	-
Pretax Income	15.19	15.73	18.03	7.91	10.71	6.48
Income Tax Expense	4.65	3.81	4.09	1.74	2.73	-0.56
Earnings From Continuing Operations	10.55	11.92	13.95	6.18	7.98	7.03
Earnings From Discontinued Operations	-	-	-	64.34	52.66	26.37
Net Income to Company	10.55	11.92	13.95	70.52	60.65	33.4
Net Income	10.55	11.92	13.95	70.52	60.65	33.4
Net Income to Common	10.55	11.92	13.95	70.52	60.65	33.4
Net Income Growth	-11.03%	-14.55%	-80.22%	16.28%	81.57%	23.09%
Shares Outstanding (Basic)	6	6	6	6	6	6
Shares Outstanding (Diluted)	6	6	6	6	6	6
EPS (Basic)	1.86	2.11	2.46	12.46	10.72	5.90
EPS (Diluted)	1.86	2.11	2.46	12.46	10.72	5.90
EPS Growth	-10.86%	-14.55%	-80.22%	16.28%	81.57%	23.09%
Free Cash Flow	13.46	9.2	5.3	27.45	43.43	41.43
Free Cash Flow Per Share	2.38	1.63	0.94	4.85	7.67	7.32
Dividend Per Share	2.474	2.474	-	-	1.944	2.120
Dividend Growth	-	-	-	-	-8.33%	26.35%
Gross Margin	53.59%	53.03%	54.51%	46.61%	46.30%	42.92%
Operating Margin	20.35%	20.74%	20.41%	11.76%	12.69%	9.34%
Profit Margin	12.19%	12.83%	14.16%	78.87%	64.90%	36.17%
Free Cash Flow Margin	15.56%	9.91%	5.38%	30.70%	46.48%	44.86%
EBITDA	18.88	20.8	21.88	15.55	18.13	10.83
EBITDA Margin	21.82%	22.39%	22.21%	17.39%	19.40%	11.72%
D&A For EBITDA	1.28	1.53	1.77	5.03	6.27	2.21
EBIT	17.61	19.26	20.11	10.51	11.86	8.62
EBIT Margin	20.35%	20.74%	20.41%	11.76%	12.69%	9.34%
Effective Tax Rate	30.58%	24.20%	22.65%	21.95%	25.47%	-
Advertising Expenses	-	-	-	-	-	0.74

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