Matrix IT Ltd
TASE:MTRX
Income Statement
Earnings Waterfall
Matrix IT Ltd
Revenue
|
5.2B
ILS
|
Cost of Revenue
|
-4.5B
ILS
|
Gross Profit
|
764.2m
ILS
|
Operating Expenses
|
-370.4m
ILS
|
Operating Income
|
393.7m
ILS
|
Other Expenses
|
-166.4m
ILS
|
Net Income
|
227.3m
ILS
|
Income Statement
Matrix IT Ltd
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
1 929
N/A
|
1 981
+3%
|
1 983
+0%
|
2 038
+3%
|
2 102
+3%
|
2 170
+3%
|
2 250
+4%
|
2 285
+2%
|
2 280
0%
|
2 333
+2%
|
2 352
+1%
|
2 447
+4%
|
2 545
+4%
|
2 608
+2%
|
2 691
+3%
|
2 776
+3%
|
2 857
+3%
|
2 938
+3%
|
3 032
+3%
|
3 063
+1%
|
3 168
+3%
|
3 242
+2%
|
3 366
+4%
|
3 562
+6%
|
3 596
+1%
|
3 718
+3%
|
3 689
-1%
|
3 711
+1%
|
3 854
+4%
|
3 989
+3%
|
4 197
+5%
|
4 248
+1%
|
4 360
+3%
|
4 431
+2%
|
4 558
+3%
|
4 691
+3%
|
4 673
0%
|
4 784
+2%
|
4 879
+2%
|
5 053
+4%
|
5 232
+4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 602)
|
(1 648)
|
(1 659)
|
(1 707)
|
(1 766)
|
(1 831)
|
(1 896)
|
(1 932)
|
(1 916)
|
(1 961)
|
(1 979)
|
(2 055)
|
(2 152)
|
(2 209)
|
(2 288)
|
(2 368)
|
(2 437)
|
(2 510)
|
(2 588)
|
(2 618)
|
(2 703)
|
(2 763)
|
(2 872)
|
(3 041)
|
(3 078)
|
(3 191)
|
(3 161)
|
(3 176)
|
(3 291)
|
(3 406)
|
(3 583)
|
(3 629)
|
(3 730)
|
(3 787)
|
(3 911)
|
(4 029)
|
(4 001)
|
(4 091)
|
(4 161)
|
(4 309)
|
(4 468)
|
|
Gross Profit |
327
N/A
|
333
+2%
|
324
-3%
|
331
+2%
|
335
+1%
|
339
+1%
|
354
+4%
|
353
0%
|
365
+3%
|
372
+2%
|
373
+0%
|
392
+5%
|
392
+0%
|
399
+2%
|
403
+1%
|
408
+1%
|
420
+3%
|
428
+2%
|
443
+4%
|
445
+0%
|
465
+4%
|
479
+3%
|
494
+3%
|
521
+5%
|
518
-1%
|
528
+2%
|
528
+0%
|
535
+1%
|
563
+5%
|
583
+4%
|
614
+5%
|
619
+1%
|
630
+2%
|
645
+2%
|
647
+0%
|
662
+2%
|
672
+2%
|
693
+3%
|
718
+4%
|
744
+4%
|
764
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(189)
|
(190)
|
(190)
|
(191)
|
(192)
|
(193)
|
(197)
|
(198)
|
(205)
|
(208)
|
(208)
|
(212)
|
(217)
|
(207)
|
(210)
|
(211)
|
(222)
|
(226)
|
(233)
|
(237)
|
(244)
|
(250)
|
(256)
|
(265)
|
(263)
|
(265)
|
(259)
|
(260)
|
(274)
|
(280)
|
(295)
|
(298)
|
(301)
|
(305)
|
(306)
|
(165)
|
(322)
|
(333)
|
(345)
|
(358)
|
(370)
|
|
Selling, General & Administrative |
(189)
|
(190)
|
(190)
|
(191)
|
(178)
|
(192)
|
(197)
|
(198)
|
(191)
|
(208)
|
(208)
|
(212)
|
(203)
|
(207)
|
(210)
|
(211)
|
(208)
|
(226)
|
(233)
|
(237)
|
(226)
|
(250)
|
(256)
|
(265)
|
(206)
|
(265)
|
(259)
|
(260)
|
(209)
|
(280)
|
(295)
|
(298)
|
(228)
|
(305)
|
(306)
|
(315)
|
(262)
|
(333)
|
(345)
|
(358)
|
(295)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(57)
|
0
|
0
|
0
|
(65)
|
0
|
0
|
0
|
(73)
|
0
|
0
|
0
|
(60)
|
0
|
0
|
0
|
(75)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
150
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
138
N/A
|
143
+4%
|
134
-6%
|
140
+5%
|
143
+2%
|
147
+3%
|
157
+7%
|
155
-2%
|
160
+3%
|
164
+3%
|
166
+1%
|
180
+9%
|
175
-3%
|
192
+9%
|
192
+0%
|
197
+2%
|
198
+1%
|
202
+2%
|
211
+5%
|
209
-1%
|
221
+6%
|
229
+4%
|
238
+4%
|
256
+8%
|
255
0%
|
263
+3%
|
270
+3%
|
275
+2%
|
289
+5%
|
303
+5%
|
319
+5%
|
321
+1%
|
329
+3%
|
340
+3%
|
341
+1%
|
497
+45%
|
350
-29%
|
360
+3%
|
373
+4%
|
386
+4%
|
394
+2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(27)
|
(26)
|
(24)
|
(23)
|
(14)
|
(15)
|
(17)
|
(19)
|
(15)
|
(25)
|
(23)
|
(25)
|
(14)
|
(31)
|
(34)
|
(34)
|
(14)
|
(24)
|
(21)
|
(22)
|
(13)
|
(35)
|
(42)
|
(42)
|
(26)
|
(41)
|
(40)
|
(43)
|
(29)
|
(41)
|
(41)
|
(41)
|
(28)
|
(42)
|
115
|
(34)
|
115
|
94
|
(67)
|
(73)
|
(55)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
12
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(13)
|
|
Pre-Tax Income |
111
N/A
|
117
+5%
|
111
-5%
|
117
+6%
|
126
+7%
|
132
+5%
|
140
+6%
|
136
-3%
|
136
+0%
|
139
+2%
|
142
+2%
|
155
+9%
|
162
+5%
|
161
-1%
|
159
-1%
|
163
+3%
|
170
+4%
|
178
+4%
|
190
+7%
|
186
-2%
|
192
+3%
|
193
+1%
|
196
+1%
|
214
+9%
|
214
0%
|
222
+4%
|
229
+3%
|
232
+1%
|
247
+7%
|
262
+6%
|
278
+6%
|
281
+1%
|
284
+1%
|
297
+5%
|
456
+54%
|
463
+1%
|
455
-2%
|
454
0%
|
306
-33%
|
313
+2%
|
325
+4%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(24)
|
(27)
|
(25)
|
(30)
|
(34)
|
(37)
|
(40)
|
(38)
|
(37)
|
(38)
|
(41)
|
(44)
|
(48)
|
(47)
|
(44)
|
(45)
|
(44)
|
(44)
|
(47)
|
(46)
|
(47)
|
(46)
|
(45)
|
(50)
|
(47)
|
(50)
|
(53)
|
(55)
|
(56)
|
(59)
|
(62)
|
(62)
|
(65)
|
(66)
|
(97)
|
(101)
|
(100)
|
(102)
|
(74)
|
(75)
|
(78)
|
|
Income from Continuing Operations |
87
|
90
|
85
|
87
|
91
|
94
|
100
|
98
|
99
|
101
|
102
|
111
|
114
|
114
|
114
|
118
|
127
|
133
|
143
|
140
|
144
|
147
|
151
|
164
|
167
|
172
|
176
|
177
|
191
|
203
|
216
|
219
|
219
|
232
|
360
|
362
|
354
|
352
|
232
|
238
|
247
|
|
Income to Minority Interest |
(3)
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
0
|
1
|
1
|
0
|
(2)
|
(0)
|
(2)
|
(2)
|
(4)
|
(4)
|
(4)
|
(5)
|
(6)
|
(7)
|
(7)
|
(8)
|
(8)
|
(10)
|
(10)
|
(12)
|
(18)
|
(21)
|
(24)
|
(25)
|
(23)
|
(26)
|
(24)
|
(24)
|
(20)
|
(16)
|
(16)
|
(17)
|
(20)
|
|
Net Income (Common) |
84
N/A
|
88
+5%
|
83
-5%
|
86
+3%
|
90
+5%
|
92
+2%
|
98
+7%
|
96
-2%
|
99
+3%
|
101
+2%
|
102
+1%
|
111
+9%
|
112
+1%
|
113
+1%
|
113
0%
|
116
+3%
|
123
+6%
|
129
+5%
|
139
+8%
|
136
-2%
|
138
+2%
|
141
+2%
|
144
+2%
|
156
+8%
|
159
+2%
|
162
+2%
|
166
+2%
|
165
0%
|
173
+5%
|
181
+5%
|
192
+6%
|
194
+1%
|
195
+1%
|
206
+6%
|
335
+63%
|
339
+1%
|
335
-1%
|
336
+0%
|
216
-36%
|
221
+2%
|
227
+3%
|
|
EPS (Diluted) |
1.39
N/A
|
1.46
+5%
|
1.54
+5%
|
1.46
-5%
|
1.49
+2%
|
1.52
+2%
|
1.63
+7%
|
1.59
-2%
|
1.63
+3%
|
1.66
+2%
|
1.67
+1%
|
1.83
+10%
|
1.84
+1%
|
1.86
+1%
|
1.83
-2%
|
1.87
+2%
|
1.99
+6%
|
2.08
+5%
|
2.24
+8%
|
2.19
-2%
|
2.23
+2%
|
2.25
+1%
|
2.29
+2%
|
2.47
+8%
|
2.54
+3%
|
2.58
+2%
|
2.63
+2%
|
2.63
N/A
|
2.74
+4%
|
2.89
+5%
|
3.06
+6%
|
3.09
+1%
|
3.09
N/A
|
3.27
+6%
|
5.43
+66%
|
5.38
-1%
|
5.3
-1%
|
5.31
+0%
|
3.39
-36%
|
3.48
+3%
|
3.58
+3%
|