Income Statement Netanel Group Ltd

Stocks

NTGR

IL0004210162

Homebuilding

Market Closed - TEL AVIV STOCK EXCHANGE 15:24:57 17/08/2026 BST			5-day change	1st Jan Change
895.30 ^ILa	+1.55%		-1.78%	-23.15%

05-28	Netanel Group Ltd Reports Earnings Results for the First Quarter Ended March 31, 2026	CI
04-02	Netanel Group Ltd Reports Earnings Results for the Full Year Ended December 31, 2025	CI

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Published financial data: NETANEL GROUP LTD

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	357M	241M	363M	139M	363M
Other Revenues, Total	-	-	-	-	18.34M
Total Revenues	357M	241M	363M	139M	381M
Cost of Goods Sold, Total	269M	195M	164M	103M	291M
Gross Profit	88.09M	46.52M	199M	36.79M	90.31M
Selling General & Admin Expenses, Total	19.42M	21.26M	29.46M	31.25M	43.92M
Other Operating Expenses, Total	19.42M	21.26M	29.46M	31.25M	43.92M
Operating Income	68.67M	25.26M	169M	5.54M	46.39M
Interest Expense, Total	-36.64M	-23.85M	-16.81M	-38.67M	-35.39M
Interest And Investment Income	60K	983K	1.64M	14.03M	9.91M
Net Interest Expenses	-36.58M	-22.87M	-15.17M	-24.64M	-25.48M
Income (Loss) On Equity Invest.	36.87M	-	-	8.96M	2.95M
Other Non Operating Income (Expenses)	31K	297K	6.9M	-4.64M	-4.16M
EBT, Excl. Unusual Items	68.98M	2.69M	161M	-14.78M	19.7M
Gain (Loss) On Sale Of Investments	-1.55M	-666K	19.13M	139K	10K
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	13.14M	1.61M	-1.84M	-2.84M	-
Other Unusual Items	-	138K	-2.93M	-	-5.85M
EBT, Incl. Unusual Items	80.57M	3.78M	175M	-17.49M	13.86M
Income Tax Expense	18.76M	1.54M	47.37M	-7.85M	5.26M
Earnings From Continuing Operations	61.8M	2.24M	128M	-9.64M	8.6M
Earnings Of Discontinued Operations	-	604K	757K	-	-
Net Income to Company	61.8M	2.84M	129M	-9.64M	8.6M
Minority Interest	-	-	-	-	33K
Net Income - (IS)	61.8M	2.84M	129M	-9.64M	8.64M
Preferred Dividend and Other Adjustments	-	-57K	-22K	-	-
Net Income to Common Incl Extra Items	61.8M	2.9M	129M	-9.64M	8.64M
Net Income to Common Excl. Extra Items	61.8M	2.29M	128M	-9.64M	8.64M
Per Share Items
Net EPS - Basic	2.19	0.1	4.56	-0.34	0.3
Basic EPS - Continuing Operations	2.19	0.08	4.53	-0.34	0.3
Basic Weighted Average Shares Outstanding	28.23M	28.23M	28.23M	28.23M	28.79M
Net EPS - Diluted	2.19	0.1	4.56	-0.34	0.3
Diluted EPS - Continuing Operations	2.19	0.08	4.53	-0.34	0.3
Diluted Weighted Average Shares Outstanding	28.23M	28.23M	28.23M	28.23M	28.79M
Normalized Basic EPS	1.53	0.06	3.56	-0.33	0.43
Normalized Diluted EPS	1.53	0.06	3.56	-0.33	0.43
Payout Ratio	-	-	19.42	-	-
Supplemental Items
EBITDA	70.31M	27.52M	170M	7.92M	51.3M
EBITA	68.67M	25.26M	169M	5.54M	46.39M
EBIT	68.67M	25.26M	169M	5.54M	46.39M
Total Revenues (As Reported)	357M	241M	363M	139M	381M
Effective Tax Rate - (Ratio)	23.29	40.78	27.02	44.86	37.92
Total Current Taxes	2.9M	3.39M	39.13M	-	3.76M
Total Deferred Taxes	15.86M	-1.85M	8.2M	-4.64M	25K
Normalized Net Income	43.11M	1.68M	101M	-9.24M	12.35M
Interest on Long-Term Debt	20.93M	16.44M	26.55M	39.05M	38.66M
Supplemental Operating Expense Items
Selling and Marketing Expenses	6.07M	6.38M	6.03M	5.12M	9.06M
General and Administrative Expenses	13.35M	14.88M	23.43M	26.13M	34.86M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	35.64M	62.34M	76.41M	74.64M	36.21M
Short Term Investments	-	-	-	-	6.46M
Trading Asset Securities, Total	5M	4.54M	470K	1.02M	1.02M
Total Cash And Short Term Investments	40.64M	66.87M	76.88M	75.65M	43.69M
Accounts Receivable, Total	89.22M	69.85M	84.86M	49.38M	124M
Other Receivables	-	5.18M	11.27M	13.56M	17.67M
Notes Receivable	1.79M	7.27M	8.52M	14.49M	2.51M
Total Receivables	91.02M	82.31M	105M	77.43M	144M
Inventory	509M	479M	639M	833M	799M
Prepaid Expenses	5.86M	948K	2.1M	3.51M	6.41M
Other Current Assets, Total	13.66M	13.97M	29.85M	16.62M	46.38M
Total Current Assets	660M	643M	852M	1.01B	1.04B
Gross Property Plant And Equipment	10.86M	11.09M	39.13M	48.52M	116M
Accumulated Depreciation	-8.92M	-9.51M	-10.28M	-4.28M	-9.19M
Net Property Plant And Equipment	1.94M	1.58M	28.85M	44.24M	106M
Long-term Investments	173K	-	-	8.96M	55K
Other Intangibles, Total	-	1.12M	1.12M	1.12M	1.12M
Loans Receivable Long-Term	-	-	116M	116M	42.3M
Deferred Tax Assets Long-Term	-	16.94M	8.79M	14.71M	22.31M
Other Long-Term Assets, Total	672M	914M	365M	494M	551M
Total Assets	1.33B	1.58B	1.37B	1.68B	1.76B
Liabilities
Accounts Payable, Total	27.62M	8.91M	9.93M	7.21M	15.4M
Accrued Expenses, Total	7.58M	8.5M	11.55M	18.99M	13.05M
Short-term Borrowings	408M	418M	604M	698M	841M
Current Portion of Long-Term Debt	141M	125M	71.16M	100M	80M
Current Portion of Leases	-	-	2.83M	1.97M	5.02M
Current Income Taxes Payable	493K	-	39.7M	-	1.67M
Unearned Revenue Current, Total	24.57M	19.56M	22.09M	15.69M	8.6M
Other Current Liabilities	12.91M	12.16M	76.8M	56.81M	55.76M
Total Current Liabilities	622M	592M	838M	899M	1.02B
Long-Term Debt	352M	378M	221M	482M	453M
Long-Term Leases	683K	751K	14.39M	14.38M	827K
Deferred Tax Liability Non Current	28.63M	-	52K	1.33M	6.38M
Other Non Current Liabilities	-	268M	-	-	-
Total Liabilities	1B	1.24B	1.07B	1.4B	1.48B
Common Stock, Total	37.84M	37.84M	37.84M	37.84M	37.84M
Additional Paid In Capital	88.63M	88.63M	88.63M	88.63M	88.63M
Retained Earnings	194M	195M	157M	147M	147M
Comprehensive Income and Other	10.91M	15.65M	16.1M	15.38M	7.24M
Total Common Equity	331M	337M	299M	289M	281M
Minority Interest	-	-66K	-88K	-127K	-173K
Total Equity	331M	337M	299M	289M	281M
Total Liabilities And Equity	1.33B	1.58B	1.37B	1.68B	1.76B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	28.23M	28.23M	28.23M	28.23M	28.23M
ECS Total Common Shares Outstanding	28.23M	28.23M	28.23M	28.23M	28.23M
Book Value / Share	11.72	11.95	10.61	10.24	9.96
Tangible Book Value	331M	336M	298M	288M	280M
Tangible Book Value Per Share	11.72	11.91	10.57	10.2	9.92
Total Debt	902M	922M	913M	1.3B	1.38B
Net Debt	861M	855M	836M	1.22B	1.34B
Minority Interest, Total (Incl. Fin. Div)	-	-66K	-88K	-127K	-173K
Equity Method Investments, Total	-	-	-	8.96M	55K
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Work In Process, Total	475M	414M	637M	832M	799M
Inventories - Finished Goods, Total	33.32M	64.64M	1.95M	1.95M	-
Buildings, Total	2.03M	2.03M	2.03M	-	76.11M
Machinery, Total	7.71M	7.87M	8.61M	4.58M	5.19M
Full Time Employees	40	43	50	100	250

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	61.8M	2.84M	129M	-9.64M	8.64M
Depreciation & Amortization - CF	1.64M	2.26M	2.19M	4.73M	6.51M
Depreciation & Amortization, Total	1.64M	2.26M	2.19M	4.73M	6.51M
(Gain) Loss From Sale Of Asset	-	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	1.55M	173K	-	-	-
Asset Writedown & Restructuring Costs	-13.14M	-1.61M	1.84M	2.84M	-
(Income) Loss On Equity Investments - (CF)	-	-	-	-8.96M	-2.95M
Net Cash From Discontinued Operations	-	604K	757K	-	-
Other Operating Activities, Total	21.26M	-5.73M	650K	-80.72M	-51.96M
Change In Accounts Receivable	-19.98M	15.21M	-15.01M	35.48M	-78.39M
Change In Inventories	-70.23M	-7.61M	-162M	-272M	-4.74M
Change In Accounts Payable	-5.41M	-19.46M	11.14M	-2.72M	8.18M
Change in Unearned Revenues	35K	-4.37M	2.52M	-6.39M	-750K
Change in Other Net Operating Assets	-157M	4.31M	49.25M	1.98M	-16.93M
Cash from Operations	-179M	-13.4M	19.58M	-335M	-132M
Capital Expenditure	-383K	-1.24M	-11.94M	-19.15M	-11.82M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	-14.27M	-	-	-	50K
Sale (Purchase) of Real Estate properties	-2.53M	-37.31M	-3.08M	-777K	-
Investment in Marketable and Equity Securities, Total	-4.9M	-2.27M	1.99M	367K	-7.39M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	-5.71M	-71.26M	-66.75M	-12.79M	23.83M
Cash from Investing	-27.79M	-112M	-79.78M	-32.34M	4.67M
Short Term Debt Issued, Total	115M	38.06M	256M	89.71M	42.45M
Long-Term Debt Issued, Total	216M	159M	5M	389M	265M
Total Debt Issued	331M	197M	261M	479M	307M
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-123M	-57.15M	-206M	-113M	-218M
Total Debt Repaid	-123M	-57.15M	-206M	-113M	-218M
Common Dividends Paid	-	-	-25M	-	-
Common & Preferred Stock Dividends Paid	-	-	-25M	-	-
Other Financing Activities, Total	-	23.54M	36.75M	-	-
Cash from Financing	208M	163M	67.29M	366M	89.42M
Foreign Exchange Rate Adjustments	-	38K	292K	6K	-128K
Miscellaneous Cash Flow Adjustments	-	-5.33M	6.69M	-	-
Net Change in Cash	1.53M	32.49M	14.07M	-1.77M	-38.42M
Supplemental Items
Cash Interest Paid	28.47M	22.97M	43.66M	80.05M	94.21M
Cash Income Tax Paid (Refund)	5.84M	8.37M	-2.35M	40.97M	7.02M
Levered Free Cash Flow	-92.71M	22.18M	-3.21M	-252M	-67.58M
Unlevered Free Cash Flow	-69.81M	37.09M	7.29M	-228M	-45.46M
Change In Net Working Capital	114M	-20.28M	88.74M	217M	69.16M
Net Debt Issued / Repaid	208M	140M	55.54M	366M	89.42M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	3.65	1.06	7.17	0.23	1.69
Return on Total Capital	3.94	1.23	8.56	0.25	1.79
Return On Equity %	20.59	0.67	40.2	-3.28	3.07
Return on Common Equity	20.59	0.69	40.19	-3.28	3.08
Margin Analysis
Gross Profit Margin %	24.69	19.29	54.77	26.39	23.7
SG&A Margin	5.44	8.81	8.12	22.42	11.52
EBITDA Margin %	19.7	11.41	46.85	5.68	13.46
EBITA Margin %	19.24	10.48	46.65	3.97	12.17
EBIT Margin %	19.24	10.48	46.65	3.97	12.17
Income From Continuing Operations Margin %	17.32	0.93	35.27	-6.92	2.26
Net Income Margin %	17.32	1.18	35.48	-6.92	2.27
Net Avail. For Common Margin %	17.32	0.95	35.28	-6.92	2.27
Normalized Net Income Margin	12.08	0.7	27.73	-6.63	3.24
Levered Free Cash Flow Margin	-25.98	9.2	-0.89	-180.77	-17.73
Unlevered Free Cash Flow Margin	-19.56	15.38	2.01	-163.44	-11.93
Asset Turnover
Asset Turnover	0.3	0.16	0.25	0.09	0.22
Fixed Assets Turnover	139.6	136.89	23.84	3.81	5.06
Receivables Turnover (Average Receivables)	4.5	2.99	4.69	2.08	4.27
Inventory Turnover (Average Inventory)	0.59	0.4	0.29	0.14	0.36
Short Term Liquidity
Current Ratio	1.06	1.09	1.02	1.12	1.02
Quick Ratio	0.21	0.24	0.21	0.15	0.18
Operating Cash Flow to Current Liabilities	-0.29	-0.02	0.02	-0.37	-0.13
Days Sales Outstanding (Average Receivables)	81.05	122.13	77.82	176.2	85.46
Days Outstanding Inventory (Average Inventory)	621.14	917.91	1.24K	2.63K	1.01K
Average Days Payable Outstanding	29.53	38.58	10.6	10.56	14.73
Cash Conversion Cycle (Average Days)	672.66	1K	1.31K	2.79K	1.08K
Long Term Solvency
Total Debt/Equity	272.46	273.23	304.94	448.38	491.64
Total Debt / Total Capital	73.15	73.21	75.3	81.76	83.1
LT Debt/Equity	106.66	112.29	78.61	171.59	161.76
Long-Term Debt / Total Capital	28.64	30.08	19.41	31.29	27.34
Total Liabilities / Total Assets	75.2	78.6	78.19	82.85	84.06
EBIT / Interest Expense	1.87	1.06	10.07	0.14	1.31
EBITDA / Interest Expense	1.92	1.15	10.2	0.27	1.49
(EBITDA - Capex) / Interest Expense	1.91	1.1	9.49	-0.23	1.16
Total Debt / EBITDA	12.82	33.5	5.32	126.13	26.1
Net Debt / EBITDA	12.25	31.07	4.88	118.76	25.27
Total Debt / (EBITDA - Capex)	12.89	35.07	5.72	-146.06	33.6
Net Debt / (EBITDA - Capex)	12.31	32.53	5.24	-137.53	32.54
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	71.18	-28.83	50.45	-61.57	166.2
Gross Profit, 1 Yr. Growth %	76.79	-37.5	327.17	-81.48	227.3
EBITDA, 1 Yr. Growth %	92.8	-52.64	517.6	-95.38	366K
EBITA, 1 Yr. Growth %	99.4	-55.26	569.97	-96.73	-1.08K
EBIT, 1 Yr. Growth %	99.4	-55.26	569.97	-96.73	-1.08K
Earnings From Cont. Operations, 1 Yr. Growth %	200.34	-91.75	5.62K	-107.53	-153.95
Net Income, 1 Yr. Growth %	200.34	-95.4	4.43K	-107.49	-154.29
Normalized Net Income, 1 Yr. Growth %	477.34	-92.39	5.88K	-108.2	-186.22
Diluted EPS Before Extra, 1 Yr. Growth %	200.34	-91.67	5.48K	-107.53	-153.57
Accounts Receivable, 1 Yr. Growth %	28.86	-23.68	21.48	-41.81	171.34
Inventory, 1 Yr. Growth %	25.29	-4.33	33.49	30.46	-1.32
Net Property, Plant and Equip., 1 Yr. Growth %	-38.79	-18.5	1.72K	53.31	140.37
Total Assets, 1 Yr. Growth %	31.52	12.26	-12.94	22.78	5.75
Tangible Book Value, 1 Yr. Growth %	22.86	2.32	-11.3	-3.46	0.17
Common Equity, 1 Yr. Growth %	22.86	2.32	-11.26	-3.44	0.17
Cash From Operations, 1 Yr. Growth %	252.22	-92.24	-246.16	-1.81K	-60.54
Capital Expenditures, 1 Yr. Growth %	62.98	222.72	866.02	60.35	-38.28
Levered Free Cash Flow, 1 Yr. Growth %	-5.39	-123.57	-114.49	7.74K	-73.77
Unlevered Free Cash Flow, 1 Yr. Growth %	-13.37	-147.32	-80.34	-3.22K	-80.59
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	77.2	11.93	3.48	-23.96	2.3
Gross Profit, 2 Yr. CAGR %	56.34	11.7	63.39	-11.07	-32.45
EBITDA, 2 Yr. CAGR %	73.57	6.2	71.02	-46.34	-44.75
EBITA, 2 Yr. CAGR %	78.11	6.27	73.13	-53.17	-47.12
EBIT, 2 Yr. CAGR %	78.11	6.27	73.13	-53.17	-47.12
Earnings From Cont. Operations, 2 Yr. CAGR %	28.42	-55.03	117.27	107.66	-73.83
Net Income, 2 Yr. CAGR %	28.42	-62.34	44.32	84.26	-73.86
Normalized Net Income, 2 Yr. CAGR %	53.5	-16.47	113.33	134.39	-66.61
Diluted EPS Before Extra, 2 Yr. CAGR %	28.81	-54.71	117.24	105.06	-74.04
Accounts Receivable, 2 Yr. CAGR %	86.34	0.44	-3.71	-15.92	20.95
Inventory, 2 Yr. CAGR %	28.39	8.57	13.01	31.97	11.82
Net Property, Plant and Equip., 2 Yr. CAGR %	-37.01	-29.37	285.55	428.79	91.97
Total Assets, 2 Yr. CAGR %	14.6	24.65	-1.14	3.39	13.32
Tangible Book Value, 2 Yr. CAGR %	15.61	11.74	-4.73	-7.46	-3.14
Common Equity, 2 Yr. CAGR %	15.61	11.93	-4.71	-7.43	-3.13
Cash From Operations, 2 Yr. CAGR %	39.33	-49.52	-66.33	400.45	160.04
Capital Expenditures, 2 Yr. CAGR %	1.88	129.34	458.35	293.58	-0.52
Levered Free Cash Flow, 2 Yr. CAGR %	103.32	-53.07	-81.52	237.05	293.16
Unlevered Free Cash Flow, 2 Yr. CAGR %	186.74	-35.12	-69.5	147.85	195.8
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	52.97	28.5	23.53	-25.62	16.49
Gross Profit, 3 Yr. CAGR %	64.19	8.88	74.68	-20.93	24.75
EBITDA, 3 Yr. CAGR %	99.49	5.65	90.98	-48.53	23.07
EBITA, 3 Yr. CAGR %	109.42	5.28	96.32	-53.88	22.46
EBIT, 3 Yr. CAGR %	109.42	5.28	96.32	-53.88	22.46
Earnings From Cont. Operations, 3 Yr. CAGR %	706.08	-60.92	126.18	-29.15	56.71
Net Income, 3 Yr. CAGR %	706.08	-57.68	85.94	-46.17	44.89
Normalized Net Income, 3 Yr. CAGR %	100.4	-54.87	246.88	-25.23	94.36
Diluted EPS Before Extra, 3 Yr. CAGR %	706.11	-60.72	126.52	-29.15	54.57
Accounts Receivable, 3 Yr. CAGR %	20.19	39.56	7.01	-18.59	21.13
Inventory, 3 Yr. CAGR %	22.67	15.76	16.31	18.55	18.62
Net Property, Plant and Equip., 3 Yr. CAGR %	-23.82	-31.36	108.77	183.52	306.58
Total Assets, 3 Yr. CAGR %	19.64	15.77	10.59	6.26	3.79
Tangible Book Value, 3 Yr. CAGR %	16.52	10.75	3.47	-4.31	-5.94
Common Equity, 3 Yr. CAGR %	16.52	10.87	3.6	-4.29	-5.92
Cash From Operations, 3 Yr. CAGR %	33.28	-47.45	-28.05	24.79	114.6
Capital Expenditures, 3 Yr. CAGR %	3.44	49.62	270.38	268.38	112.24
Levered Free Cash Flow, 3 Yr. CAGR %	-15.89	-0.36	-68.28	38.86	44.96
Unlevered Free Cash Flow, 3 Yr. CAGR %	-21.13	63.47	-56.42	42.72	7.02
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	25.01	39.12	29.48	4.17	14.64
Gross Profit, 5 Yr. CAGR %	41.23	83.19	58.44	0.41	19.36
EBITDA, 5 Yr. CAGR %	55.15	33.39	80.56	-19.43	16.03
EBITA, 5 Yr. CAGR %	61.96	25.92	86.62	-23.86	15.71
EBIT, 5 Yr. CAGR %	61.96	25.92	86.62	-23.86	15.71
Earnings From Cont. Operations, 5 Yr. CAGR %	64.55	-20.58	304.62	-23.78	-4.89
Net Income, 5 Yr. CAGR %	64.55	-16.69	305.09	-23.78	-15.48
Normalized Net Income, 5 Yr. CAGR %	67.85	-35.48	79.78	-12.77	38.65
Diluted EPS Before Extra, 5 Yr. CAGR %	54.34	-21.59	304.62	-23.68	-5.11
Accounts Receivable, 5 Yr. CAGR %	31.24	75.35	10.55	13.96	12.39
Inventory, 5 Yr. CAGR %	28.37	15.96	18.31	21.99	14.49
Net Property, Plant and Equip., 5 Yr. CAGR %	-22.14	-21.84	45.72	55.33	101.88
Total Assets, 5 Yr. CAGR %	17.52	17.11	11.99	10.65	11.68
Tangible Book Value, 5 Yr. CAGR %	16.95	10.75	7.36	3.07	0.77
Common Equity, 5 Yr. CAGR %	16.78	10.82	7.44	3.15	0.85
Cash From Operations, 5 Yr. CAGR %	29.32	-29.52	-23.69	29.45	20.29
Capital Expenditures, 5 Yr. CAGR %	54.15	64.7	103.04	120.3	118.92
Levered Free Cash Flow, 5 Yr. CAGR %	142.99	-18.64	-53.99	62.23	-7.67
Unlevered Free Cash Flow, 5 Yr. CAGR %	58.25	-6.49	-44.8	93.08	-12.4