O 
2,805.00
+1.30%
Close of 6 Nov 2026, in ILA
At a glance
Figures in ILS, from our data supplier.
Revenue
ILS 1.86bn
FY2015FY2024
Net income
ILS 36.0m
FY2015FY2024
Free cash flow
ILS 77.0m
FY2015FY2024
Shareholders' equity
ILS 238.0m
FY2015FY2024
Income statement
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ILS 1.86bn | ILS 1.52bn | ILS 1.21bn | ILS 856.6m | ILS 877.3m | ILS 879.6m | ILS 693.9m | ILS 869.7m | ILS 694.2m | ILS 538.4m |
| Gross profit | ILS 753.7m | ILS 572.0m | ILS 408.6m | ILS 111.9m | ILS 264.3m | ILS 292.2m | ILS 172.2m | ILS 271.5m | ILS 140.1m | ILS 114.3m |
| Operating income | ILS 647.5m | ILS 481.9m | ILS 329.0m | ILS 57.2m | ILS 201.4m | ILS 239.3m | ILS 122.0m | ILS 214.0m | ILS 89.6m | ILS 75.0m |
| Net income | ILS 36.0m | ILS 25.0m | ILS 29.4m | ILS 9.8m | ILS 26.6m | ILS 10.9m | ILS 3.3m | ILS 11.6m | ILS 19.2m | ILS 18.2m |
| Diluted earnings per share | 0.55 | 0.38 | 0.45 | 0.15 | 0.41 | 0.17 | 0.05 | 0.18 | 0.29 | 0.31 |
Balance sheet
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ILS 1.61bn | ILS 1.40bn | ILS 1.19bn | ILS 1.13bn | ILS 1.01bn | ILS 981.4m | ILS 756.6m | ILS 844.5m | ILS 789.0m | ILS 655.0m |
| Cash and short-term investments | ILS 185.7m | ILS 128.5m | ILS 136.5m | ILS 163.3m | ILS 161.2m | ILS 95.3m | ILS 112.2m | ILS 186.8m | ILS 95.7m | ILS 158.2m |
| Total liabilities | ILS 1.38bn | ILS 1.19bn | ILS 992.1m | ILS 955.2m | ILS 840.5m | ILS 792.4m | ILS 578.4m | ILS 670.4m | ILS 613.1m | ILS 478.6m |
| Debt | ILS 677.0m | ILS 587.0m | ILS 442.8m | ILS 585.6m | ILS 474.0m | ILS 474.7m | ILS 296.4m | ILS 392.3m | ILS 176.9m | ILS 151.7m |
| Shareholders' equity | ILS 238.0m | ILS 214.0m | ILS 197.7m | ILS 173.2m | ILS 168.4m | ILS 189.0m | ILS 178.2m | ILS 174.1m | ILS 175.8m | ILS 176.4m |
| Shares outstanding | 65m | 65m | 65m | 65m | 65m | 65m | 65m | 65m | 65m | 59m |
Cash flow
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ILS 132.0m | ILS 6.0m | ILS 165.0m | −ILS 48.1m | ILS 96.2m | −ILS 127.8m | ILS 33.8m | −ILS 72.1m | −ILS 21.7m | −ILS 23.6m |
| Capital spending | −ILS 55.0m | −ILS 67.0m | −ILS 23.6m | −ILS 27.5m | −ILS 5.3m | −ILS 7.1m | −ILS 15.6m | −ILS 38.5m | −ILS 35.5m | −ILS 15.3m |
| Free cash flow | ILS 77.0m | −ILS 61.0m | ILS 141.4m | −ILS 75.6m | ILS 90.9m | −ILS 134.9m | ILS 18.2m | −ILS 110.6m | −ILS 57.2m | −ILS 38.9m |
| Dividends paid | −ILS 15.0m | −ILS 10.0m | −ILS 4.9m | −ILS 5.0m | −ILS 10.0m | — | — | −ILS 13.4m | −ILS 8.8m | −ILS 2.8m |
Latest quarters
By quarter end
| Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | Dec 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ILS 523.9m | ILS 490.6m | ILS 501.3m | ILS 537.9m | ILS 532.0m | ILS 413.3m | ILS 377.0m | ILS 405.1m |
| Gross profit | ILS 208.0m | ILS 161.8m | ILS 172.1m | ILS 198.1m | ILS 208.9m | ILS 175.6m | ILS 171.1m | ILS 156.6m |
| Operating income | ILS 177.8m | ILS 131.7m | ILS 145.7m | ILS 170.7m | ILS 181.4m | ILS 150.0m | ILS 146.5m | ILS 128.7m |
| Net income | ILS 15.0m | −ILS 7.8m | ILS 8.2m | ILS 1.2m | ILS 11.0m | ILS 12.0m | ILS 11.7m | −ILS 669,000 |
| Diluted earnings per share | 0.23 | -0.12 | 0.12 | 0.02 | 0.17 | 0.19 | 0.18 | -0.01 |
| Total assets | ILS 2.04bn | ILS 1.87bn | ILS 1.82bn | ILS 1.61bn | ILS 1.54bn | ILS 1.55bn | ILS 1.38bn | ILS 1.40bn |
| Cash and short-term investments | ILS 115.0m | ILS 129.0m | ILS 143.0m | ILS 185.7m | ILS 118.9m | ILS 96.7m | ILS 78.9m | ILS 128.5m |
| Debt | ILS 387.0m | ILS 361.0m | ILS 331.0m | ILS 335.0m | ILS 324.0m | ILS 270.2m | ILS 214.4m | ILS 200.1m |
| Shareholders' equity | ILS 236.0m | ILS 220.0m | ILS 247.0m | ILS 238.0m | ILS 236.0m | ILS 225.0m | ILS 227.3m | ILS 214.5m |
Financial ratios
Data as of 4 Nov 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 10.6% | 11.2% | 11.1% | 11.7% | 9.6% | 11.8% |
| Operating margin | 5.5% | 5.6% | 5.0% | 4.9% | 2.6% | 4.6% |
| Net margin | 1.4% | 1.9% | 1.6% | 2.4% | 1.1% | 3.0% |
| Return on equity | 11.8% | 13.2% | 11.5% | 12.5% | 4.7% | 12.9% |
| Return on assets | 1.4% | 2.2% | 1.8% | 2.5% | 0.9% | 2.6% |
| Free cash flow yield | 0.0% | 0.1% | 0.0% | 0.1% | -0.0% | 0.1% |
| Revenue growth | 9.8% | 22.5% | 25.8% | 40.9% | -2.4% | -0.3% |
| Earnings growth | -17.3% | 45.2% | -16.2% | 199.9% | -63.1% | 143.3% |
| Current ratio | 1.14x | 1.22x | 1.13x | 1.16x | 1.14x | 1.11x |
| Debt to equity | 3.16x | 2.32x | 2.64x | 1.82x | 2.70x | 2.21x |
| Equity ratio | 11.9% | 16.8% | 15.3% | 19.9% | 18.6% | 20.4% |
| Interest coverage | 1.66x | 1.86x | 1.78x | 2.62x | 1.84x | 2.60x |
| Buybacks as a share of market value | -2.4% | 3.1% | 1.6% | -2.7% | 1.0% | 1.5% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 29.5% | 16.2% | 14.4% |
| Operating income | 124.6% | 22.0% | 22.0% |
| Net income | 54.3% | 27.0% | 5.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 39.2% | 33.9% | 33.4% | 30.7% |
| Operating margin | 33.4% | 27.8% | 27.2% | 24.3% |
| Net margin | 1.8% | 1.8% | 1.9% | 2.0% |
Valuation history
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 18.2 | 14.7 | 17.4 | 90.9 | 16.4 | 19.3 | 45.4 | 28.5 | 17.8 | 18.0 |
| Price to sales | 0.3 | 0.2 | 0.4 | 1.0 | 0.5 | 0.2 | 0.2 | 0.4 | 0.5 | 0.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 6 years. Last went ex-dividend on 29 May 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.307 | 0.23 | 0.154 | 0.075 | 0.077 | 0.154 | 0.206 | 0.135 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.