A
15,150.00
+4.63%
Close of 6 Nov 2026, in ILA
At a glance
Figures in ILS, from our data supplier.
Revenue, before interest expense
ILS 5.54bn
FY2016FY2025
Net income
ILS 426.1m
FY2016FY2025
Total assets
ILS 20.07bn
FY2016FY2025
Shareholders' equity
ILS 1.52bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue, before interest expense | ILS 5.54bn | ILS 4.37bn | ILS 3.66bn | ILS 2.35bn | ILS 3.15bn | ILS 2.48bn | ILS 2.91bn | ILS 2.19bn | ILS 2.57bn | ILS 1.60bn |
| Operating income | ILS 6.47bn | ILS 294.5m | ILS 190.5m | ILS 194.6m | −ILS 66.1m | −ILS 62.7m | ILS 28.4m | ILS 78.8m | −ILS 30.5m | ILS 2.5m |
| Net income | ILS 426.1m | ILS 144.4m | ILS 84.9m | ILS 166.7m | −ILS 114.1m | −ILS 64.3m | ILS 24.1m | ILS 45.3m | −ILS 26.6m | −ILS 61.4m |
| Diluted earnings per share | 16.00 | 5.48 | 4.28 | 9.16 | -6.27 | -3.53 | 1.33 | 2.63 | -1.88 | -4.33 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ILS 20.07bn | ILS 19.07bn | ILS 15.94bn | ILS 15.58bn | ILS 16.02bn | ILS 14.45bn | ILS 13.59bn | ILS 12.58bn | ILS 11.50bn | ILS 10.56bn |
| Cash and short-term investments | ILS 2.71bn | ILS 3.60bn | ILS 410.1m | ILS 3.23bn | ILS 3.08bn | ILS 2.92bn | ILS 3.05bn | ILS 3.13bn | ILS 3.16bn | ILS 729.4m |
| Total liabilities | ILS 18.55bn | ILS 18.09bn | ILS 15.24bn | ILS 14.94bn | ILS 15.34bn | ILS 13.75bn | ILS 12.85bn | ILS 11.93bn | ILS 10.95bn | ILS 10.03bn |
| Debt | ILS 690.3m | ILS 734.3m | ILS 697.1m | ILS 732.7m | ILS 793.6m | ILS 647.9m | ILS 660.1m | ILS 546.9m | ILS 538.9m | ILS 543.2m |
| Shareholders' equity | ILS 1.52bn | ILS 971.3m | ILS 703.5m | ILS 638.3m | ILS 679.2m | ILS 698.8m | ILS 738.5m | ILS 655.9m | ILS 549.2m | ILS 536.2m |
| Shares outstanding | 27m | 26m | 20m | 18m | 18m | 18m | 18m | 17m | 14m | 14m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue, before interest expense | ILS 1.89bn | ILS 1.37bn | ILS 2.54bn | ILS 1.27bn | ILS 961.9m | ILS 765.7m | ILS 1.16bn | ILS 1.17bn |
| Operating income | ILS 196.0m | ILS 119.3m | ILS 6.00bn | ILS 170.5m | ILS 206.9m | ILS 88.1m | ILS 64.0m | ILS 59.4m |
| Net income | ILS 135.9m | ILS 81.5m | ILS 106.2m | ILS 118.9m | ILS 144.3m | ILS 56.7m | ILS 26.1m | ILS 23.6m |
| Diluted earnings per share | 4.74 | 2.84 | 3.99 | 4.46 | 5.42 | 2.13 | 0.99 | 0.89 |
| Total assets | ILS 24.25bn | ILS 21.51bn | ILS 20.07bn | ILS 18.90bn | ILS 18.02bn | ILS 17.21bn | ILS 19.07bn | ILS 19.11bn |
| Cash and short-term investments | ILS 1.03bn | ILS 812.5m | ILS 2.71bn | ILS 942.6m | ILS 931.4m | ILS 860.2m | ILS 3.60bn | ILS 805.4m |
| Debt | ILS 1.01bn | — | ILS 660.3m | ILS 680.3m | ILS 679.9m | — | ILS 707.4m | — |
| Shareholders' equity | ILS 1.79bn | ILS 1.60bn | ILS 1.52bn | ILS 1.46bn | ILS 1.26bn | ILS 1.12bn | ILS 971.3m | ILS 950.3m |
Financial ratios
Data as of 22 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 12.2% | 6.7% | 5.2% | 9.9% | -2.1% | -1.4% |
| Net margin | 7.7% | 3.3% | 2.3% | 7.1% | -3.6% | -2.6% |
| Return on equity | 28.0% | 14.9% | 12.1% | 26.1% | -16.8% | -9.2% |
| Return on assets | 2.1% | 0.8% | 0.5% | 1.1% | -0.7% | -0.4% |
| Revenue growth | 26.8% | 19.3% | 55.8% | -25.3% | 26.7% | -14.6% |
| Earnings growth | 195.0% | 70.1% | -49.1% | -246.1% | 77.5% | -366.3% |
| Current ratio | 0.20x | 0.08x | 0.77x | 7.16x | 10.61x | 10.20x |
| Debt to equity | 0.43x | 0.73x | 1.02x | 1.11x | 1.13x | 0.87x |
| Equity ratio | 7.6% | 5.1% | 4.4% | 4.1% | 4.2% | 4.8% |
| Interest coverage | 13.11x | 4.29x | 3.12x | 6.10x | -1.54x | -0.80x |
| Buybacks as a share of market value | -1.0% | -32.8% | -9.1% | 0.0% | 0.0% | 0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 33.1% | 17.4% | 9.4% |
| Operating income | 221.5% | — | 60.7% |
| Net income | 36.7% | — | 31.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 68.2% | 44.9% | 32.6% | 21.6% |
| Net margin | 5.8% | 5.2% | 3.0% | 2.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 5.4 | 6.0 | 3.8 | 1.4 | -4.1 | -5.2 | 13.8 | 8.3 | -18.6 | -8.0 |
| Price to sales | 0.4 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 2 years. Last went ex-dividend on 8 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2008 | FY2007 | |
|---|---|---|---|---|---|
| Paid in the year | 1.096 | 6.043 | 2.404 | 1.771 | 1.41 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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