Michpal Technologies Income Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	181.61	159.7	142.1
Revenue Growth (YoY)	-	12.38%	-
Cost of Revenue	72.17	62.48	56.02
Gross Profit	109.44	97.22	86.08
Selling, General & Admin	55.73	41.58	40.63
Research & Development	22.33	19.55	16.23
Operating Expenses	78.06	61.13	56.86
Operating Income	31.38	36.09	29.23
Interest Expense	-11.24	-6.53	-2.96
Interest & Investment Income	1.11	0.62	0.22
Currency Exchange Gain (Loss)	-0.02	-0.02	0.01
Other Non Operating Income (Expenses)	-0.57	-0.57	-0.69
EBT Excluding Unusual Items	20.66	29.59	25.81
Other Unusual Items	-0.15	-0.15	-0.37
Pretax Income	20.51	29.44	25.44
Income Tax Expense	8.25	6.99	6.01
Net Income	10.87	22.45	19.43
Net Income to Common	10.87	22.45	19.43
Net Income Growth	-	15.50%	-
Shares Outstanding (Basic)	18	12	12
Shares Outstanding (Diluted)	18	12	12
EPS (Basic)	0.60	1.86	1.61
EPS (Diluted)	0.60	1.86	1.61
EPS Growth	-	15.50%	-
Free Cash Flow	54.8	47.25	29.29
Free Cash Flow Per Share	3.02	3.90	2.42
Gross Margin	60.26%	60.88%	60.58%
Operating Margin	17.28%	22.60%	20.57%
Profit Margin	5.98%	14.06%	13.68%
Free Cash Flow Margin	30.18%	29.59%	20.61%
EBITDA	57.48	53.6	40.72
EBITDA Margin	31.65%	33.57%	28.65%
D&A For EBITDA	26.1	17.52	11.49
EBIT	31.38	36.09	29.23
EBIT Margin	17.28%	22.60%	20.57%
Effective Tax Rate	40.23%	23.75%	23.61%

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