Gilat Satellite Networks Ltd. (GILT)

Gilat Satellite Networks Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	266.09	239.84	214.97	166.14	257.33
Revenue Growth (YoY)	10.94%	11.57%	29.39%	-35.44%	-3.40%
Cost of Revenue	161.15	152.93	143.7	124.76	161.14
Gross Profit	104.95	86.91	71.27	41.38	96.2
Selling, General & Admin	44.46	3.28	37.1	30.93	40
Research & Development	41.17	35.64	31.34	26.3	30.18
Other Operating Expenses	-8.77	0.33	0.65	-53.63	0.12
Operating Expenses	76.86	39.26	69.09	3.6	70.31
Operating Income	28.09	47.65	2.18	37.78	25.89
Interest Expense / Income	-0.11	2.82	1.72	1.91	2.62
Other Expense / Income	-	37.7	-	-	-
Pretax Income	28.19	7.14	0.46	35.87	23.28
Income Tax	4.69	13.06	3.49	0.79	-13.58
Net Income	23.5	-5.93	-3.03	35.08	36.86
Net Income Growth	-	-	-	-4.83%	100.22%
Shares Outstanding (Basic)	57	57	56	56	55
Shares Outstanding (Diluted)	57	57	56	56	56
Shares Change	0.14%	0.34%	1.47%	-0.80%	0.50%
EPS (Basic)	0.41	-0.10	-0.05	0.63	0.67
EPS (Diluted)	0.41	-0.10	-0.05	0.63	0.66
EPS Growth	-	-	-	-4.55%	100.00%
Free Cash Flow	23.37	2.03	9.97	38.44	26.8
Free Cash Flow Per Share	0.41	0.04	0.18	0.69	0.48
Dividend Per Share	-	-	0.630	0.360	0.450
Dividend Growth	-	-	75.00%	-20.00%	-
Gross Margin	39.44%	36.24%	33.15%	24.91%	37.38%
Operating Margin	10.55%	19.87%	1.01%	22.74%	10.06%
Profit Margin	8.83%	-2.47%	-1.41%	21.11%	14.32%
Free Cash Flow Margin	8.78%	0.85%	4.64%	23.14%	10.41%
Effective Tax Rate	16.63%	183.08%	760.78%	2.21%	-58.36%
EBITDA	41.49	21.56	13.17	48.07	36.87
EBITDA Margin	15.59%	8.99%	6.13%	28.93%	14.33%
Depreciation & Amortization	13.4	11.61	10.99	10.29	10.98
EBIT	28.09	9.95	2.18	37.78	25.89
EBIT Margin	10.55%	4.15%	1.01%	22.74%	10.06%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).