Income Statement Inrom Construction Industries Ltd

Stocks

INRM

IL0011323560

Construction Materials

Delayed TEL AVIV STOCK EXCHANGE 06:49:06 2026-09-22 EDT			5-day change	1st Jan Change
2,587.00 ^ILa	-1.33%		-2.56%	+17.59%

08-21	Inrom Construction Industries Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
08-21	Inrom Construction Industries Ltd Approves Final Cash Dividend for the Year 2026, Payable on 16 September 2026	CI

25ef30d6bf94579a1a62c69.1u142wGELG5YLUzBVvpzXRyVHRKgHiZsVye3JFhd3Tc.46gio07vRRYOaj71JbM9G0bHTXXIUXAzGmz5Zy4_vHOMqy-3T9wZGBJdGQ

Published financial data: INROM CONSTRUCTION INDUSTRIES LTD

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (ILS)	2022 (ILS)	2023 (ILS)	2024 (ILS)	2025 (ILS)
Revenues	1.03B	1.19B	1.12B	1.12B	1.4B
Total Revenues	1.03B	1.19B	1.12B	1.12B	1.4B
Cost of Goods Sold, Total	669M	768M	737M	783M	932M
Gross Profit	361M	426M	382M	332M	466M
Selling General & Admin Expenses, Total	209M	241M	252M	268M	311M
Other Operating Expenses	-3.16M	4.52M	-79.1M	6.58M	5.03M
Other Operating Expenses, Total	206M	246M	173M	274M	316M
Operating Income	155M	180M	209M	58.13M	151M
Interest Expense, Total	-8.75M	-11.78M	-14.53M	-16.96M	-13.4M
Interest And Investment Income	620K	512K	951K	8.86M	1.42M
Net Interest Expenses	-8.13M	-11.27M	-13.58M	-8.1M	-11.98M
Currency Exchange Gains (Loss)	-1.5M	-135K	1.1M	-216K	1.84M
Other Non Operating Income (Expenses)	-	-264K	-	-	-
EBT, Excl. Unusual Items	145M	169M	196M	49.81M	140M
Gain (Loss) On Sale Of Assets	-8K	150K	-	-	-
Asset Writedown	-	-	14.1M	-	-
Other Unusual Items	-	-	45.87M	107M	80.48M
EBT, Incl. Unusual Items	145M	169M	256M	156M	221M
Income Tax Expense	35.39M	39.83M	63.09M	39.43M	51.94M
Earnings From Continuing Operations	110M	129M	193M	117M	169M
Net Income to Company	110M	129M	193M	117M	169M
Minority Interest	-10.68M	-	-	-7.43M	-12.9M
Net Income - (IS)	99.42M	129M	193M	110M	156M
Net Income to Common Incl Extra Items	99.42M	129M	193M	110M	156M
Net Income to Common Excl. Extra Items	99.42M	129M	193M	110M	156M
Per Share Items
Net EPS - Basic	0.79	1.03	1.54	0.75	1.06
Basic EPS - Continuing Operations	0.79	1.03	1.54	0.75	1.06
Basic Weighted Average Shares Outstanding	126M	125M	125M	146M	147M
Net EPS - Diluted	0.79	1.03	1.54	0.75	1.06
Diluted EPS - Continuing Operations	0.79	1.03	1.54	0.75	1.06
Diluted Weighted Average Shares Outstanding	126M	125M	125M	146M	147M
Normalized Basic EPS	0.64	0.84	0.98	0.16	0.51
Normalized Diluted EPS	0.64	0.84	0.98	0.16	0.51
Dividend Per Share	0.26	0.28	0.17	0.3	0.53
Payout Ratio	25.7	28.47	17.88	33.68	44.74
Supplemental Items
EBITDA	190M	221M	251M	113M	229M
EBITA	156M	185M	212M	64.22M	158M
EBIT	155M	180M	209M	58.13M	151M
Effective Tax Rate - (Ratio)	24.32	23.58	24.64	25.2	23.51
Current Domestic Taxes	34.32M	39.52M	39.53M	28.23M	55.59M
Total Current Taxes	34.32M	39.52M	39.53M	28.23M	55.59M
Deferred Domestic Taxes	1.07M	311K	23.56M	11.19M	-3.64M
Total Deferred Taxes	1.07M	311K	23.56M	11.19M	-3.64M
Normalized Net Income	80.25M	105M	123M	23.7M	74.9M
Interest on Long-Term Debt	7.66M	9.05M	7.78M	10.99M	11.36M
Supplemental Operating Expense Items
Selling and Marketing Expenses	164M	189M	190M	190M	229M
General and Administrative Expenses	45.27M	52.36M	62.48M	77.76M	81.69M
Stock-Based Comp., COGS (Total)	800K	200K	800K	1M	300K
Stock-Based Comp., S&M Exp. (Total)	900K	200K	800K	1.1M	600K
Stock-Based Comp., G&A Exp. (Total)	3.1M	2.9M	5.2M	7.6M	3.4M
Stock-Based Comp., Other (Total)	84K	19K	-	-	-
Total Stock-Based Compensation	4.88M	3.32M	6.8M	9.7M	4.3M

Fiscal Period: December	2021 (ILS)	2022 (ILS)	2023 (ILS)	2024 (ILS)	2025 (ILS)
Assets
Cash And Equivalents	117M	14.63M	136M	124M	130M
Short Term Investments	-	-	-	-	40.29M
Total Cash And Short Term Investments	117M	14.63M	136M	124M	170M
Accounts Receivable, Total	382M	486M	355M	500M	561M
Other Receivables	18.43M	11.56M	149M	147M	109M
Notes Receivable	1.35M	2.42M	770K	866K	134K
Total Receivables	401M	500M	505M	648M	670M
Inventory	124M	170M	137M	193M	191M
Prepaid Expenses	4.02M	4.32M	8.06M	7.2M	5.09M
Other Current Assets, Total	8.38M	2.77M	6.59M	7.78M	7.34M
Total Current Assets	655M	692M	793M	980M	1.04B
Gross Property Plant And Equipment	963M	1.04B	1.08B	1.42B	1.53B
Accumulated Depreciation	-543M	-575M	-560M	-635M	-696M
Net Property Plant And Equipment	421M	462M	521M	781M	832M
Goodwill	12.88M	57.17M	44.97M	159M	159M
Other Intangibles, Total	3.13M	60.63M	54.85M	112M	104M
Loans Receivable Long-Term	1.72M	1.39M	563K	43K	-
Deferred Tax Assets Long-Term	18K	287K	211K	2.78M	3.87M
Other Long-Term Assets, Total	2.95M	1.73M	938K	759K	30K
Total Assets	1.1B	1.28B	1.42B	2.03B	2.14B
Liabilities
Accounts Payable, Total	186M	204M	163M	249M	219M
Accrued Expenses, Total	38.36M	48.53M	51.13M	57.05M	62.78M
Short-term Borrowings	40.63M	81.56M	82.4M	134M	-
Current Portion of Long-Term Debt	47.18M	37.8M	18.8M	12.8M	12.8M
Current Portion of Leases	11.18M	11.05M	17.26M	24.52M	24.41M
Current Income Taxes Payable	25.19M	4.87M	9.03M	15.43M	22.56M
Other Current Liabilities	5.82M	4.58M	6.54M	13.56M	14.73M
Total Current Liabilities	355M	393M	348M	506M	356M
Long-Term Debt	31.01M	73.2M	54.4M	41.6M	195M
Long-Term Leases	137M	139M	154M	212M	220M
Pension & Other Post Retirement Benefits	4.77M	5.88M	6.5M	6.79M	6.13M
Deferred Tax Liability Non Current	18.81M	18.7M	42.2M	55.97M	53.58M
Total Liabilities	546M	630M	605M	823M	831M
Common Stock, Total	253M	252M	253M	503M	518M
Additional Paid In Capital	-	-	18.78M	22.99M	13.59M
Retained Earnings	231M	324M	482M	555M	641M
Comprehensive Income and Other	66.74M	69.42M	57.42M	57.42M	57.42M
Total Common Equity	551M	645M	811M	1.14B	1.23B
Minority Interest	-	-	-	73.76M	82.23M
Total Equity	551M	645M	811M	1.21B	1.31B
Total Liabilities And Equity	1.1B	1.28B	1.42B	2.03B	2.14B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	125M	125M	125M	148M	149M
ECS Total Common Shares Outstanding	125M	125M	125M	148M	149M
Book Value / Share	4.4	5.16	6.48	7.67	8.24
Tangible Book Value	535M	527M	711M	868M	967M
Tangible Book Value Per Share	4.27	4.22	5.69	5.85	6.48
Total Debt	267M	343M	327M	425M	452M
Net Debt	149M	328M	190M	300M	282M
Minority Interest, Total (Incl. Fin. Div)	-	-	-	73.76M	82.23M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	80.82M	92.21M	74.07M	97.57M	90.54M
Inventories - Finished Goods, Total	43.25M	78.23M	63.1M	95.71M	100M
Land - (BS)	-	-	-	-	-
Machinery, Total	626M	690M	668M	739M	873M
Full Time Employees	820	857	820	940	976
Accumulated Allowance for Doubtful Accounts (Supple)	15.15M	14.82M	13.23M	15.69M	16.48M

Fiscal Period: December	2021 (ILS)	2022 (ILS)	2023 (ILS)	2024 (ILS)	2025 (ILS)
Net Income	99.42M	129M	193M	110M	156M
Depreciation & Amortization - CF	46.33M	51.2M	54.7M	73.19M	98.67M
Amortization of Goodwill and Intangible Assets - (CF)	719K	4.25M	3.88M	6.1M	7.36M
Depreciation & Amortization, Total	47.05M	55.45M	58.58M	79.29M	106M
(Gain) Loss From Sale Of Asset	15K	-148K	212K	277K	-200K
(Gain) Loss on Sale of Investments - (CF)	41K	-	-	-	-
Stock-Based Compensation (CF)	4.88M	3.32M	6.77M	9.72M	4.32M
Other Operating Activities, Total	11.95M	-3.32M	-63.49M	10.43M	-4.15M
Change In Accounts Receivable	2.42M	-59.26M	130M	-101M	-60.5M
Change In Inventories	-23.95M	-27.32M	34.28M	-20.86M	3.3M
Change In Accounts Payable	27.4M	-1.4M	-44.44M	25.15M	17.52M
Change in Other Net Operating Assets	-11.61M	-11.31M	-47.55M	11.8M	10.49M
Cash from Operations	158M	85.08M	268M	125M	233M
Capital Expenditure	-44.56M	-61.11M	-127M	-169M	-169M
Sale of Property, Plant, and Equipment	415K	214K	769K	2.82M	374K
Cash Acquisitions	-	-153M	-	-172M	-
Investment in Marketable and Equity Securities, Total	-	-	-	-	-40M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-191K	1.04M	703K	425K	775K
Other Investing Activities, Total	-	-	65M	-	56.49M
Cash from Investing	-44.34M	-213M	-60.58M	-338M	-151M
Short Term Debt Issued, Total	-	40.51M	2.34M	49.6M	-
Long-Term Debt Issued, Total	-	80M	-	-	166M
Total Debt Issued	-	121M	2.34M	49.6M	166M
Short Term Debt Repaid, Total	-28.95M	-	-	-	-134M
Long-Term Debt Repaid, Total	-70.92M	-59.05M	-53.3M	-35.52M	-34.64M
Total Debt Repaid	-99.87M	-59.05M	-53.3M	-35.52M	-168M
Issuance of Common Stock	-	-	-	224M	-
Common Dividends Paid	-25.55M	-36.75M	-34.51M	-36.93M	-69.85M
Common & Preferred Stock Dividends Paid	-25.55M	-36.75M	-34.51M	-36.93M	-69.85M
Other Financing Activities, Total	-	-	-	-	-4.5M
Cash from Financing	-125M	24.7M	-85.47M	201M	-76.11M
Miscellaneous Cash Flow Adjustments	-	2K	-	-	-
Net Change in Cash	-12.14M	-103M	122M	-12.23M	5.92M
Supplemental Items
Cash Interest Paid	7.29M	11.35M	13.8M	17.9M	15.9M
Cash Income Tax Paid (Refund)	31.75M	51.22M	38.34M	35.37M	45.94M
Levered Free Cash Flow	94.24M	-29.58M	47.33M	-148M	-5.78M
Unlevered Free Cash Flow	99.71M	-22.22M	56.41M	-138M	2.6M
Change In Net Working Capital	4.61M	133M	12.27M	94.01M	33.35M
Net Debt Issued / Repaid	-99.87M	61.46M	-50.96M	14.08M	-1.76M

Fiscal Period: December	2021 (ILS)	2022 (ILS)	2023 (ILS)	2024 (ILS)	2025 (ILS)
Profitability
Return on Assets	9.1	9.51	9.69	2.11	4.51
Return on Total Capital	12.06	12.49	12.26	2.62	5.54
Return On Equity %	21.75	21.58	26.5	11.57	13.39
Return on Common Equity	21.06	21.58	26.5	11.25	13.19
Margin Analysis
Gross Profit Margin %	35.02	35.71	34.12	29.81	33.33
SG&A Margin	20.28	20.22	22.55	24.01	22.2
EBITDA Margin %	18.43	18.54	22.41	10.12	16.41
EBITA Margin %	15.12	15.47	18.98	5.76	11.3
EBIT Margin %	15.05	15.11	18.64	5.21	10.77
Income From Continuing Operations Margin %	10.68	10.81	17.24	10.5	12.09
Net Income Margin %	9.65	10.81	17.24	9.83	11.16
Net Avail. For Common Margin %	9.65	10.81	17.24	9.83	11.16
Normalized Net Income Margin	7.79	8.83	10.95	2.12	5.36
Levered Free Cash Flow Margin	9.15	-2.48	4.23	-13.29	-0.41
Unlevered Free Cash Flow Margin	9.68	-1.86	5.04	-12.33	0.19
Asset Turnover
Asset Turnover	0.97	1.01	0.83	0.65	0.67
Fixed Assets Turnover	2.56	2.7	2.28	1.71	1.73
Receivables Turnover (Average Receivables)	2.69	2.75	2.66	2.61	2.64
Inventory Turnover (Average Inventory)	5.97	5.21	4.79	4.74	4.86
Short Term Liquidity
Current Ratio	1.85	1.76	2.28	1.94	2.93
Quick Ratio	1.46	1.3	1.84	1.52	2.36
Operating Cash Flow to Current Liabilities	0.44	0.22	0.77	0.25	0.65
Days Sales Outstanding (Average Receivables)	135.67	132.54	137.09	140.35	138.43
Days Outstanding Inventory (Average Inventory)	61.11	70.02	76.14	77.26	75.15
Average Days Payable Outstanding	90.29	87.59	95.17	89.84	91.79
Cash Conversion Cycle (Average Days)	106.49	114.96	118.07	127.77	121.79
Long Term Solvency
Total Debt/Equity	48.4	53.17	40.28	35.03	34.48
Total Debt / Total Capital	32.62	34.71	28.72	25.94	25.64
LT Debt/Equity	30.43	32.96	25.68	20.94	31.64
Long-Term Debt / Total Capital	20.5	21.52	18.3	15.51	23.53
Total Liabilities / Total Assets	49.78	49.4	42.72	40.42	38.77
EBIT / Interest Expense	17.72	15.31	14.35	3.43	11.24
EBITDA / Interest Expense	23.1	20.01	18.39	8.1	19.16
(EBITDA - Capex) / Interest Expense	18.01	14.83	9.64	-1.85	6.58
Total Debt / EBITDA	1.32	1.45	1.22	3.09	1.76
Net Debt / EBITDA	0.74	1.39	0.71	2.19	1.1
Total Debt / (EBITDA - Capex)	1.69	1.96	2.33	-13.5	5.13
Net Debt / (EBITDA - Capex)	0.95	1.88	1.36	-9.55	3.2
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	10	15.88	-6.27	-0.35	25.41
Gross Profit, 1 Yr. Growth %	-2.36	16.31	-10.44	-12.93	40.21
EBITDA, 1 Yr. Growth %	-8.66	16.52	13.27	-34.87	103.38
EBITA, 1 Yr. Growth %	-12.54	18.49	14.96	-52.37	146.01
EBIT, 1 Yr. Growth %	-12.54	16.31	15.51	-55.62	159.15
Earnings From Cont. Operations, 1 Yr. Growth %	-11.89	17.23	49.51	-39.34	44.4
Net Income, 1 Yr. Growth %	-4.58	29.82	49.51	-43.19	42.42
Normalized Net Income, 1 Yr. Growth %	-2.33	31.42	16.1	-68	216.11
Diluted EPS Before Extra, 1 Yr. Growth %	-17.71	21.18	49.51	-51.3	41.33
Accounts Receivable, 1 Yr. Growth %	-0.75	27.27	-26.87	40.87	12.1
Inventory, 1 Yr. Growth %	23.92	37.38	-19.52	40.9	-1.32
Net Property, Plant and Equip., 1 Yr. Growth %	9.35	9.9	12.8	49.71	6.61
Total Assets, 1 Yr. Growth %	5.91	16.3	11.03	43.72	5.3
Tangible Book Value, 1 Yr. Growth %	41.95	-1.36	34.84	22.09	11.34
Common Equity, 1 Yr. Growth %	39.98	17.17	25.7	40.38	8
Cash From Operations, 1 Yr. Growth %	-9.05	-46.02	214.78	-53.49	87.01
Capital Expenditures, 1 Yr. Growth %	3.07	37.12	107.93	32.91	-0.2
Levered Free Cash Flow, 1 Yr. Growth %	-11.23	-131.39	-260.49	12.47K	-96.1
Unlevered Free Cash Flow, 1 Yr. Growth %	-11.56	-122.28	-354.98	-1.84K	-101.89
Dividend Per Share, 1 Yr. Growth %	81.46	6.48	-48.28	75.15	74.76
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	3.96	12.9	4.22	-3.36	11.79
Gross Profit, 2 Yr. CAGR %	-1.28	6.72	2.06	-11.69	10.49
EBITDA, 2 Yr. CAGR %	-5.52	0.33	11.39	-30.86	10.03
EBITA, 2 Yr. CAGR %	-5.19	2.04	17.03	-40.36	9.83
EBIT, 2 Yr. CAGR %	-5.41	0.86	15.96	-43.26	7.24
Earnings From Cont. Operations, 2 Yr. CAGR %	-8.49	1.63	32.39	-4.76	-6.41
Net Income, 2 Yr. CAGR %	-7.47	11.3	39.32	-7.84	-10.05
Normalized Net Income, 2 Yr. CAGR %	-1.37	13.29	23.58	-52.62	0.57
Diluted EPS Before Extra, 2 Yr. CAGR %	-14.07	3.58	34.6	-14.67	-17.04
Accounts Receivable, 2 Yr. CAGR %	1.93	12.39	-3.53	1.49	25.66
Inventory, 2 Yr. CAGR %	10.94	30.48	5.15	6.49	17.92
Net Property, Plant and Equip., 2 Yr. CAGR %	5.47	9.62	11.34	29.95	26.34
Total Assets, 2 Yr. CAGR %	10.16	10.98	13.63	26.32	23.02
Tangible Book Value, 2 Yr. CAGR %	39.55	18.33	15.33	28.31	16.59
Common Equity, 2 Yr. CAGR %	37.3	28.07	21.36	32.84	23.13
Cash From Operations, 2 Yr. CAGR %	-0.5	-29.93	30.35	21	-6.74
Capital Expenditures, 2 Yr. CAGR %	-8.05	18.88	68.85	66.24	15.17
Levered Free Cash Flow, 2 Yr. CAGR %	8.18	-47.2	-29.13	124.15	118.92
Unlevered Free Cash Flow, 2 Yr. CAGR %	7.06	-55.6	-24.78	149.36	-42.58
Dividend Per Share, 2 Yr. CAGR %	-31.99	39.1	-18.86	4.09	75.06
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	1.6	7.79	6.11	2.67	5.41
Gross Profit, 3 Yr. CAGR %	-0.54	4.81	0.66	-3.2	3.02
EBITDA, 3 Yr. CAGR %	-2.73	1.32	4.49	-17.67	-0.93
EBITA, 3 Yr. CAGR %	-3.58	2.12	6.2	-25.47	-4.35
EBIT, 3 Yr. CAGR %	-3.73	1.34	5.55	-27.91	-5.86
Earnings From Cont. Operations, 3 Yr. CAGR %	-5.81	-0.62	15.59	2.07	9.41
Net Income, 3 Yr. CAGR %	-4.15	3.58	22.81	3.31	6.55
Normalized Net Income, 3 Yr. CAGR %	-3.21	8.53	14.26	-33.41	-10.81
Diluted EPS Before Extra, 3 Yr. CAGR %	-8.76	-1.26	17.06	-4.09	0.96
Accounts Receivable, 3 Yr. CAGR %	2.25	9.76	-2.61	9.45	4.91
Inventory, 3 Yr. CAGR %	5.51	19.14	11.06	15.92	3.82
Net Property, Plant and Equip., 3 Yr. CAGR %	23.29	6.93	10.67	22.89	21.65
Total Assets, 3 Yr. CAGR %	13.31	12.17	11	22.89	18.88
Tangible Book Value, 3 Yr. CAGR %	30.87	24.31	23.6	17.54	22.38
Common Equity, 3 Yr. CAGR %	28.91	30.23	27.27	27.39	23.98
Cash From Operations, 3 Yr. CAGR %	-0.97	-18.85	15.62	-7.55	39.9
Capital Expenditures, 3 Yr. CAGR %	7.36	5.05	43.23	55.9	40.24
Levered Free Cash Flow, 3 Yr. CAGR %	1.35	-28.38	-23.6	16.28	-41.93
Unlevered Free Cash Flow, 3 Yr. CAGR %	2.08	-36.56	-20.6	11.32	-51.03
Dividend Per Share, 3 Yr. CAGR %	-35.66	-20.99	6.1	4.93	23.68
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	2.2	3.69	2.64	3.18	8.35
Gross Profit, 5 Yr. CAGR %	-0.03	2.15	0.81	-2.13	4.48
EBITDA, 5 Yr. CAGR %	-0.96	0.28	3.98	-11.92	0.86
EBITA, 5 Yr. CAGR %	-1.66	-0.21	4.09	-18.01	-2.29
EBIT, 5 Yr. CAGR %	-1.75	-0.67	3.71	-19.63	-3.21
Earnings From Cont. Operations, 5 Yr. CAGR %	-1.93	-0.85	7.93	-2.3	6.23
Net Income, 5 Yr. CAGR %	-0.15	2.54	11.32	-1.15	8.43
Normalized Net Income, 5 Yr. CAGR %	0.36	3.24	6.73	-22.08	-1.83
Diluted EPS Before Extra, 5 Yr. CAGR %	-3	-0.38	8.17	-6.86	2
Accounts Receivable, 5 Yr. CAGR %	1.44	5.59	-0.1	6.38	7.84
Inventory, 5 Yr. CAGR %	4.45	13.34	5.36	13.91	13.76
Net Property, Plant and Equip., 5 Yr. CAGR %	15.99	15.42	18.36	15.6	16.69
Total Assets, 5 Yr. CAGR %	9.4	11.04	13.44	17.63	15.66
Tangible Book Value, 5 Yr. CAGR %	18.18	17.3	24.42	25.89	20.74
Common Equity, 5 Yr. CAGR %	16.88	20.21	25.83	31.27	25.6
Cash From Operations, 5 Yr. CAGR %	2.15	-13.03	10.54	-4.79	6.09
Capital Expenditures, 5 Yr. CAGR %	-1.72	3.97	28.68	26.22	31.27
Levered Free Cash Flow, 5 Yr. CAGR %	5.89	-22.44	-12.16	12.97	-44.13
Unlevered Free Cash Flow, 5 Yr. CAGR %	5.96	-27.21	-9.66	9.6	-52.95
Dividend Per Share, 5 Yr. CAGR %	-22.3	-23.28	-29.4	-11.78	29.63