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 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	95.31	98.5	89.41	93.45	92.34	154.91
Revenue Growth (YoY)	2.83%	10.17%	-4.32%	1.19%	-40.39%	-3.08%
Cost of Revenue	43.57	44.81	47.74	50.18	52.71	69.01
Gross Profit	51.74	53.69	41.67	43.27	39.64	85.91
Selling, General & Admin	23.18	22.6	21.15	21.91	21.63	32.35
Research & Development	10.85	10.73	10.01	9.5	9.38	9.7
Other Operating Expenses	0.25	0.25	-	0	0.01	-0.01
Operating Expenses	34.28	33.58	31.16	31.41	31.02	42.03
Operating Income	17.46	20.11	10.51	11.86	8.62	43.87
Interest Expense	-0.44	-0.69	-0.48	-0.57	-0.36	-12.24
Earnings From Equity Investments	-	-	-	-	-	5.23
Currency Exchange Gain (Loss)	-0.89	-0.89	-1.45	-0.27	-0.61	-0.4
Other Non Operating Income (Expenses)	-0.6	-0.6	-0.18	-0.34	-1.18	-0.73
EBT Excluding Unusual Items	15.53	17.93	8.4	10.68	6.48	35.73
Impairment of Goodwill	-	-	-0.88	-	-	-
Gain (Loss) on Sale of Investments	0.1	0.1	0.4	0.04	-	1.21
Gain (Loss) on Sale of Assets	-	-	-	-	-	-1.45
Asset Writedown	-	-	-	-	-	10.15
Pretax Income	15.63	18.03	7.91	10.71	6.48	45.64
Income Tax Expense	3.78	4.09	1.74	2.73	-0.56	9.64
Earnings From Continuing Operations	11.86	13.95	6.18	7.98	7.03	36
Earnings From Discontinued Operations	-	-	64.34	52.66	26.37	-
Net Income to Company	11.86	13.95	70.52	60.65	33.4	36
Minority Interest in Earnings	-	-	-	-	-	-8.87
Net Income	11.86	13.95	70.52	60.65	33.4	27.13
Net Income to Common	11.86	13.95	70.52	60.65	33.4	27.13
Net Income Growth	-70.57%	-80.22%	16.28%	81.57%	23.09%	-47.50%
Shares Outstanding (Basic)	6	6	6	6	6	6
Shares Outstanding (Diluted)	6	6	6	6	6	6
EPS (Basic)	2.09	2.46	12.46	10.72	5.90	4.79
EPS (Diluted)	2.09	2.46	12.46	10.72	5.90	4.79
EPS Growth	-70.57%	-80.22%	16.28%	81.57%	23.09%	-47.50%
Free Cash Flow	8.54	5.3	27.45	43.43	41.43	37.62
Free Cash Flow Per Share	1.51	0.94	4.85	7.68	7.32	6.65
Dividend Per Share	0.883	-	-	1.944	2.120	1.678
Dividend Growth	-	-	-	-8.33%	26.35%	-29.65%
Gross Margin	54.29%	54.51%	46.61%	46.30%	42.92%	55.45%
Operating Margin	18.32%	20.42%	11.76%	12.69%	9.34%	28.32%
Profit Margin	12.44%	14.16%	78.87%	64.90%	36.17%	17.52%
Free Cash Flow Margin	8.96%	5.38%	30.70%	46.48%	44.86%	24.28%
EBITDA	18.94	21.88	12.86	18.13	10.83	47.52
EBITDA Margin	19.87%	22.21%	14.39%	19.40%	11.72%	30.67%
D&A For EBITDA	1.48	1.77	2.35	6.27	2.21	3.64
EBIT	17.46	20.11	10.51	11.86	8.62	43.87
EBIT Margin	18.32%	20.42%	11.76%	12.69%	9.34%	28.32%
Effective Tax Rate	24.17%	22.65%	21.95%	25.47%	-	21.12%
Revenue as Reported	-	-	-	-	-	154.91
Advertising Expenses	-	-	-	-	0.74	1.15

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