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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	79.74	92.88	98.5	89.41	93.45	92.34
Revenue Growth (YoY)	-8.95%	-5.71%	10.17%	-4.32%	1.19%	-40.39%
Cost of Revenue	36.98	43.62	44.81	47.74	50.18	52.71
Gross Profit	42.76	49.25	53.69	41.67	43.27	39.64
Selling, General & Admin	21.91	21.64	22.6	21.15	21.91	21.63
Research & Development	5.62	8.35	10.73	10.01	9.5	9.38
Other Operating Expenses	3.51	-	0.25	-	0	0.01
Operating Expenses	31.04	29.99	33.58	31.16	31.41	31.02
Operating Income	11.72	19.26	20.11	10.51	11.86	8.62
Interest Expense	-0.49	-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)	-0.17	-0.12	-0.6	-0.18	-0.34	-1.18
EBT Excluding Unusual Items	9.05	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	9.12	15.73	18.03	7.91	10.71	6.48
Income Tax Expense	4.2	3.81	4.09	1.74	2.73	-0.56
Earnings From Continuing Operations	4.92	11.92	13.95	6.18	7.98	7.03
Earnings From Discontinued Operations	-	-	-	64.34	52.66	26.37
Net Income to Company	4.92	11.92	13.95	70.52	60.65	33.4
Net Income	4.92	11.92	13.95	70.52	60.65	33.4
Net Income to Common	4.92	11.92	13.95	70.52	60.65	33.4
Net Income Growth	-23.55%	-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)	0.87	2.11	2.46	12.46	10.72	5.90
EPS (Diluted)	0.87	2.11	2.46	12.46	10.72	5.90
EPS Growth	-23.30%	-14.55%	-80.22%	16.28%	81.57%	23.09%
Free Cash Flow	10.98	9.2	5.3	27.45	43.43	41.43
Free Cash Flow Per Share	1.94	1.63	0.94	4.85	7.67	7.32
Dividend Per Share	0.883	2.474	-	-	1.944	2.120
Dividend Growth	-44.44%	-	-	-	-8.33%	26.35%
Gross Margin	53.62%	53.03%	54.51%	46.61%	46.30%	42.92%
Operating Margin	14.70%	20.74%	20.41%	11.76%	12.69%	9.34%
Profit Margin	6.17%	12.83%	14.16%	78.87%	64.90%	36.17%
Free Cash Flow Margin	13.77%	9.91%	5.38%	30.70%	46.48%	44.86%
EBITDA	13.14	20.8	21.88	15.55	18.13	10.83
EBITDA Margin	16.48%	22.39%	22.21%	17.39%	19.40%	11.72%
D&A For EBITDA	1.42	1.53	1.77	5.03	6.27	2.21
EBIT	11.72	19.26	20.11	10.51	11.86	8.62
EBIT Margin	14.70%	20.74%	20.41%	11.76%	12.69%	9.34%
Effective Tax Rate	46.04%	24.20%	22.65%	21.95%	25.47%	-
Advertising Expenses	-	-	-	-	-	0.74

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