Michman Finance Ltd (TLV:MCMN)

Michman Finance Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	116.99	137.6	108.28	41.42	19.03
Total Interest Expense	38.25	32.93	22.72	7.68	6.44
Net Interest Income	78.74	104.67	85.56	33.73	12.59
Revenue Before Loan Losses	78.74	104.67	85.56	33.73	12.59
Provision for Loan Losses	9.46	10.05	5.4	2.29	1.23
Revenue	69.28	94.62	80.16	31.45	11.36
Revenue Growth (YoY)	-26.78%	18.03%	154.92%	176.81%	16.50%
Cost of Services Provided	22.23	28.13	23.32	15.58	7.55
Other Operating Expenses	6.06	11.5	7.32	2.09	0.17
Total Operating Expenses	28.67	40.05	30.94	18.59	12.12
Operating Income	40.61	54.57	49.23	12.85	-0.76
EBT Excluding Unusual Items	40.72	54.74	49.17	14.62	-0.76
Gain (Loss) on Sale of Investments	7.67	0.96	-13.76	11.36	-
Other Unusual Items	0.05	3.12	0.83	-	-
Pretax Income	48.43	58.81	36.23	25.98	-0.76
Income Tax Expense	12.96	15	8.62	7.26	1.29
Net Income	35.47	43.82	27.62	18.72	-2.05
Net Income to Common	35.47	43.82	27.62	18.72	-2.05
Net Income Growth	-19.04%	58.65%	47.52%	-	-
Shares Outstanding (Basic)	2	2	2	1	1
Shares Outstanding (Diluted)	2	2	2	2	1
Shares Change (YoY)	-0.87%	-12.59%	14.71%	60.83%	-
EPS (Basic)	22.31	28.33	18.36	13.29	-2.05
EPS (Diluted)	22.19	27.17	14.97	11.64	-2.05
EPS Growth	-18.33%	81.50%	28.61%	-	-
Free Cash Flow	-229.31	78.83	-238.71	-109.04	1.53
Free Cash Flow Per Share	-143.43	48.88	-129.39	-67.80	1.53
Dividend Per Share	-	-	4.066	-	-
Operating Margin	58.62%	57.67%	61.41%	40.87%	-6.66%
Profit Margin	51.20%	46.31%	34.45%	59.53%	-18.02%
Free Cash Flow Margin	-330.98%	83.31%	-297.78%	-346.75%	13.45%
Effective Tax Rate	26.76%	25.50%	23.78%	27.93%	-

Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.