4,585.00
+4.35%
Close of 9 Nov 2026, in ILA
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At a glance
Figures in ILS, from our data supplier.
Revenue
ILS 260.70bn
FY2018FY2025
Net income
ILS 20.66bn
FY2018FY2025
Free cash flow
ILS 26.43bn
FY2018FY2025
Shareholders' equity
ILS 207.72bn
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ILS 260.70bn | ILS 272.98bn | ILS 253.74bn | ILS 1.05bn | ILS 954.6m | ILS 885.6m | ILS 826.9m | ILS 775.6m |
| Gross profit | ILS 28.86bn | ILS 33.69bn | ILS 26.04bn | ILS 157.2m | ILS 138.4m | ILS 136.9m | ILS 111.9m | ILS 77.4m |
| Operating income | ILS 7.02bn | ILS 16.10bn | ILS 6.35bn | ILS 168.0m | ILS 99.6m | ILS 293.3m | ILS 154.0m | ILS 79.5m |
| Net income | ILS 20.66bn | −ILS 1.85bn | −ILS 8.14bn | ILS 142.1m | ILS 61.2m | ILS 248.4m | ILS 120.0m | ILS 5.9m |
| Diluted earnings per share | 128.12 | -11.36 | -55.24 | 1.33 | 0.59 | 2.47 | 1.13 | 0.06 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | ILS 557.37bn | ILS 556.71bn | ILS 5.63bn | ILS 1.67bn | ILS 1.78bn | ILS 1.55bn | ILS 1.36bn | — |
| Cash and short-term investments | ILS 15.10bn | ILS 9.30bn | ILS 108.0m | ILS 127.2m | ILS 126.4m | ILS 31.8m | ILS 34.9m | — |
| Total liabilities | ILS 349.65bn | ILS 371.77bn | ILS 3.77bn | ILS 781.7m | ILS 1.01bn | ILS 953.8m | ILS 924.5m | — |
| Debt | ILS 225.33bn | ILS 2.77bn | ILS 2.76bn | ILS 518.3m | ILS 735.8m | ILS 663.0m | ILS 706.3m | — |
| Shareholders' equity | ILS 207.72bn | ILS 175.69bn | ILS 1.86bn | ILS 891.7m | ILS 764.7m | ILS 600.0m | ILS 432.1m | — |
| Shares outstanding | 161m | 163m | 147m | 107m | 103m | 100m | 106m | 106m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | ILS 44.86bn | ILS 24.67bn | ILS 45.68bn | ILS 210.5m | ILS 255.0m | ILS 324.2m | ILS 209.3m | ILS 138.1m |
| Capital spending | −ILS 18.43bn | −ILS 22.93bn | −ILS 20.73bn | −ILS 48.6m | −ILS 97.4m | −ILS 109.0m | −ILS 93.6m | −ILS 93.0m |
| Free cash flow | ILS 26.43bn | ILS 1.74bn | ILS 24.94bn | ILS 161.9m | ILS 157.6m | ILS 215.2m | ILS 115.7m | ILS 45.2m |
| Dividends paid | — | — | — | −ILS 32.0m | −ILS 80.0m | −ILS 80.0m | −ILS 70.0m | −ILS 70.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ILS 66.70bn | ILS 67.50bn | ILS 65.95bn | ILS 67.27bn | ILS 65.10bn | ILS 61.66bn | ILS 70.11bn | ILS 72.16bn |
| Gross profit | ILS 10.14bn | ILS 10.43bn | ILS 7.28bn | ILS 8.96bn | ILS 9.98bn | ILS 4.51bn | ILS 9.28bn | ILS 10.42bn |
| Operating income | ILS 11.56bn | ILS 8.36bn | ILS 1.69bn | ILS 30.25bn | ILS 7.36bn | ILS 672.3m | ILS 5.43bn | ILS 5.99bn |
| Net income | ILS 7.22bn | ILS 7.13bn | ILS 310.6m | ILS 20.58bn | ILS 3.49bn | −ILS 3.73bn | ILS 1.74bn | ILS 650.5m |
| Diluted earnings per share | 47.00 | 46.41 | 1.93 | 127.68 | 21.62 | -23.11 | 10.67 | 4.00 |
| Cash from operations | ILS 16.57bn | ILS 6.75bn | ILS 20.03bn | ILS 10.31bn | ILS 12.13bn | ILS 2.24bn | ILS 16.99bn | −ILS 1.06bn |
| Capital spending | −ILS 4.60bn | −ILS 4.94bn | −ILS 6.10bn | −ILS 4.63bn | −ILS 3.93bn | −ILS 3.94bn | −ILS 6.16bn | −ILS 6.01bn |
| Free cash flow | ILS 11.97bn | ILS 1.81bn | ILS 13.93bn | ILS 5.68bn | ILS 8.20bn | −ILS 1.71bn | ILS 10.83bn | −ILS 7.08bn |
| Total assets | ILS 545.98bn | ILS 559.15bn | ILS 557.37bn | ILS 559.35bn | ILS 547.13bn | ILS 552.83bn | ILS 556.71bn | ILS 567.58bn |
| Cash and short-term investments | ILS 38.49bn | ILS 10.11bn | ILS 15.10bn | ILS 6.80bn | ILS 14.70bn | ILS 7.72bn | ILS 9.30bn | ILS 7.18bn |
| Debt | ILS 50.49bn | ILS 191.11bn | ILS 225.33bn | ILS 230.25bn | ILS 245.44bn | ILS 248.33bn | ILS 250.53bn | ILS 261.78bn |
| Shareholders' equity | ILS 249.46bn | ILS 234.35bn | ILS 198.47bn | ILS 198.11bn | ILS 175.42bn | ILS 171.98bn | ILS 175.69bn | ILS 173.67bn |
Financial ratios
Data as of 16 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 11.1% | 12.3% | 10.3% | 14.9% | 14.5% | 15.5% |
| Operating margin | 2.7% | 5.7% | 2.5% | 17.7% | 9.5% | 32.6% |
| Net margin | 7.9% | -0.7% | -3.2% | 13.5% | 6.4% | 28.0% |
| Return on equity | 9.9% | -1.1% | -4.4% | 15.9% | 8.0% | 41.4% |
| Return on assets | 3.7% | -0.3% | -1.4% | 8.5% | 3.4% | 16.0% |
| Free cash flow yield | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% |
| Revenue growth | -4.5% | 7.6% | 140.8% | 10.4% | 7.8% | 7.1% |
| Earnings growth | -1218.0% | -77.3% | -157.2% | 132.4% | -75.4% | 106.9% |
| Current ratio | 0.95x | 0.89x | 1.01x | 1.20x | 1.19x | 1.04x |
| Debt to equity | 1.08x | 1.43x | 1.36x | 0.57x | 0.95x | 1.08x |
| Equity ratio | 37.3% | 31.6% | 33.0% | 53.3% | 43.0% | 38.6% |
| Interest coverage | 0.41x | 0.85x | 0.39x | 9.87x | 4.17x | 11.91x |
| Buybacks as a share of market value | 0.9% | -10.4% | -37.7% | -4.0% | -2.4% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 515.1% | 208.8% | — |
| Operating income | 247.1% | 88.7% | — |
| Net income | 425.7% | 142.1% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 11.7% | 11.3% | 11.3% | — |
| Operating margin | 4.3% | 3.8% | 3.8% | — |
| Net margin | 3.5% | 1.4% | 1.4% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | 0.3 | -2.0 | -0.4 | 23.0 | 61.0 |
| Price to sales | 0.0 | 0.0 | 0.0 | 3.1 | 4.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 26 Apr 2022.
| FY2022 | |
|---|---|
| Paid in the year | 0.302 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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