Ituran Location and Control Ltd.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $359.0M | $336.3M | $320.0M | $293.1M | $270.9M | $245.6M | $279.3M | $253.3M |
| Cost of Revenue | $180.4M | $175.6M | $166.8M | $155.5M | $143.0M | $129.1M | $148.8M | $126.0M |
| Gross Profit | $178.6M | $160.6M | $153.2M | $137.6M | $127.8M | $116.5M | $130.5M | $127.3M |
| Gross Margin | 49.7% | 47.8% | 47.9% | 46.9% | 47.2% | 47.4% | 46.7% | 50.3% |
| Operating Expenses | ||||||||
| Research & Development | $20.8M | $18.1M | $17.0M | $16.8M | $14.1M | $12.8M | $13.9M | $6.2M |
| SG&A Expense | $62.5M | $56.2M | $56.6M | $48.7M | $46.1M | $49.7M | $55.2M | $47.7M |
| Operating Income | $77.0M | $71.2M | $66.0M | $58.8M | $54.6M | $27.8M | $22.7M | $62.4M |
| Operating Margin | 21.5% | 21.2% | 20.6% | 20.1% | 20.2% | 11.3% | 8.1% | 24.6% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $74.9M | $71.2M | $64.4M | $52.8M | $49.0M | $29.0M | $23.2M | $76.2M |
| Income Tax Expense | $14.9M | $14.6M | $13.4M | $12.7M | $11.9M | $10.9M | $12.2M | $17.3M |
| Net Income | $58.0M | $53.7M | $48.1M | $37.1M | $34.3M | $16.1M | $6.9M | $60.7M |
| Net Margin | 16.1% | 16.0% | 15.0% | 12.7% | 12.6% | 6.6% | 2.5% | 24.0% |
| EPS (Basic) | $2.92 | $2.70 | $2.41 | $1.82 | $1.65 | $0.77 | $0.33 | $2.88 |
| EPS (Diluted) | $2.92 | $2.70 | $2.41 | $1.82 | $1.65 | $0.77 | $0.33 | $2.88 |
| Shares Outstanding (Basic) | 19.9M | 19.9M | 20.0M | 20.4M | 20.8M | 20.8M | 23.5M | 23.5M |
| Shares Outstanding (Diluted) | 19.9M | 19.9M | 20.0M | 20.4M | 20.8M | 20.8M | 23.5M | 23.5M |
| Dividends Per Share | — | $1.56 | $0.68 | $0.56 | $0.90 | — | — | — |