Income Statement Space-Communication Ltd

Stocks

SCC

IL0010923451

Wireless Telecommunications Services

Market Closed - TEL AVIV STOCK EXCHANGE Other stock markets 10:28:47 2026-07-27 EDT			5-day change	1st Jan Change
198.60 ^ILa	-4.89%		-4.61%	-28.04%

05-20	Space-Communication Ltd Reports Earnings Results for the First Quarter Ended March 31, 2026	CI
03-17	Space-Communication Ltd Reports Earnings Results for the Full Year Ended December 31, 2025	CI

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Published financial data: SPACE-COMMUNICATION LTD

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	93.69M	98.23M	99.16M	100M	88.68M
Total Revenues	93.69M	98.23M	99.16M	100M	88.68M
Cost of Goods Sold, Total	69.7M	69.33M	67.68M	65.27M	53.56M
Gross Profit	23.98M	28.9M	31.48M	34.75M	35.11M
Selling General & Admin Expenses, Total	13.37M	15.45M	13.38M	10.59M	11.41M
Stock-Based Compensation (IS)	-	-	-	-	-
Depreciation & Amortization - (IS)	-	62.44M	20.88M	-	-
Other Operating Expenses	-3.54M	-3.61M	-3.55M	-4.06M	-3.59M
Other Operating Expenses, Total	9.82M	74.28M	30.71M	6.53M	7.81M
Operating Income	14.16M	-45.39M	769K	28.22M	27.3M
Interest Expense, Total	-27.87M	-27.16M	-26.8M	-28.7M	-34.14M
Interest And Investment Income	235K	649K	2.65M	4.76M	5.85M
Net Interest Expenses	-27.63M	-26.51M	-24.15M	-23.93M	-28.29M
Currency Exchange Gains (Loss)	212K	-3.32M	-584K	-1.06M	2.35M
Other Non Operating Income (Expenses)	-3.94M	-3.94M	-2.54M	-2.43M	236K
EBT, Excl. Unusual Items	-17.2M	-79.16M	-26.51M	799K	1.59M
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Asset Writedown	-	-1.26M	680K	14.87M	20.28M
Other Unusual Items	1.8M	4.59M	-	-	-
EBT, Incl. Unusual Items	-15.4M	-75.83M	-25.83M	15.67M	21.87M
Income Tax Expense	17K	-5.64M	-531K	-544K	30K
Earnings From Continuing Operations	-15.42M	-70.18M	-25.3M	16.21M	21.84M
Net Income to Company	-15.42M	-70.18M	-25.3M	16.21M	21.84M
Net Income - (IS)	-15.42M	-70.18M	-25.3M	16.21M	21.84M
Net Income to Common Incl Extra Items	-15.42M	-70.18M	-25.3M	16.21M	21.84M
Net Income to Common Excl. Extra Items	-15.42M	-70.18M	-25.3M	16.21M	21.84M
Per Share Items
Net EPS - Basic	-0.64	-2.73	-0.72	0.45	0.52
Basic EPS - Continuing Operations	-0.64	-2.73	-0.72	0.45	0.52
Basic Weighted Average Shares Outstanding	24.12M	25.67M	35.29M	35.89M	42.08M
Net EPS - Diluted	-0.64	-2.73	-0.72	0.45	0.39
Diluted EPS - Continuing Operations	-0.64	-2.73	-0.72	0.45	0.39
Diluted Weighted Average Shares Outstanding	24.12M	25.67M	35.29M	35.89M	55.55M
Normalized Basic EPS	-0.45	-1.93	-0.47	0.01	0.02
Normalized Diluted EPS	-0.45	-1.93	-0.47	0.01	0.02
Supplemental Items
EBITDA	47.96M	54.24M	58.48M	63.82M	62.7M
EBITA	14.16M	-45.39M	769K	28.22M	27.3M
EBIT	14.16M	-45.39M	769K	28.22M	27.3M
EBITDAR	48.29M	54.56M	58.82M	64.17M	63.14M
Effective Tax Rate - (Ratio)	-0.11	7.44	2.06	-3.47	0.14
Total Current Taxes	50K	125K	98K	66K	-49K
Total Deferred Taxes	-33K	-5.77M	-629K	-610K	79K
Normalized Net Income	-10.75M	-49.47M	-16.57M	499K	996K
Interest on Long-Term Debt	31.7M	30.84M	29.27M	31.08M	35.21M
Supplemental Operating Expense Items
Advertising Expense	262K	777K	105K	60K	54K
Marketing Expenses	815K	1.13M	865K	1.13M	901K
Selling and Marketing Expenses	6.23M	7.4M	6.14M	5.44M	4.8M
General and Administrative Expenses	7.12M	8.04M	7.23M	5.14M	6.59M
Net Rental Expense, Total	330K	322K	340K	355K	439K
Imputed Operating Lease Interest Expense	170K	175K	210K	241K	489K
Imputed Operating Lease Depreciation	160K	147K	130K	114K	-49.82K
Stock-Based Comp., COGS (Total)	-	-	-	-	-
Stock-Based Comp., S&M Exp. (Total)	-	-	-	-	-
Stock-Based Comp., G&A Exp. (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	-	93K	89K	22K	7K
Total Stock-Based Compensation	-	93K	89K	22K	7K

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	90.2M	46.74M	44.72M	45.83M	17.76M
Short Term Investments	9.57M	-	-	-	-
Total Cash And Short Term Investments	99.77M	46.74M	44.72M	45.83M	17.76M
Accounts Receivable, Total	35.23M	38.79M	33.24M	33.7M	15.77M
Other Receivables	-	-	1.43M	2.09M	2.06M
Total Receivables	35.23M	38.79M	34.67M	35.79M	17.82M
Prepaid Expenses	2.96M	1.93M	3.75M	1.07M	1.42M
Restricted Cash	-	14.3M	71.84M	126M	-
Other Current Assets, Total	-	-	-	-	-
Total Current Assets	138M	102M	155M	208M	37M
Gross Property Plant And Equipment	694M	500M	466M	225M	228M
Accumulated Depreciation	-284M	-180M	-215M	-5.12M	-25.62M
Net Property Plant And Equipment	410M	320M	251M	220M	202M
Long-term Investments	-	-	303K	326K	1.95M
Other Intangibles, Total	-	-	-	-	-
Accounts Receivable Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	8.39M	6.49M	5.17M	5.83M	5.74M
Total Assets	556M	428M	411M	434M	247M
Liabilities
Accounts Payable, Total	1.87M	1.71M	1.78M	2.3M	643K
Accrued Expenses, Total	5.87M	6.03M	25.64M	51.12M	7.54M
Current Portion of Long-Term Debt	32.69M	315M	316M	317M	12.79M
Current Portion of Leases	20.71M	15.64M	10.45M	1.58M	1.67M
Unearned Revenue Current, Total	-	-	-	5.5M	549K
Other Current Liabilities	13.46M	9.49M	9.18M	7.39M	6.75M
Total Current Liabilities	74.6M	348M	363M	385M	29.95M
Long-Term Debt	343M	-	-	-	126M
Long-Term Leases	36.51M	29.43M	15.04M	15.8M	15.85M
Unearned Revenue Non Current	24.7M	18.88M	12.53M	549K	-
Pension & Other Post Retirement Benefits	449K	292K	294K	204K	213K
Other Non Current Liabilities	3.71M	2.93M	9.91M	3.78M	2.88M
Total Liabilities	483M	399M	401M	405M	175M
Common Stock, Total	992K	1.01M	1.06M	1.06M	1.16M
Additional Paid In Capital	137M	146M	151M	151M	182M
Retained Earnings	-72.61M	-140M	-159M	-136M	-107M
Comprehensive Income and Other	7.84M	22.22M	17.75M	12.97M	-4.33M
Total Common Equity	73.54M	28.96M	10.67M	28.86M	71.88M
Total Equity	73.54M	28.96M	10.67M	28.86M	71.88M
Total Liabilities And Equity	556M	428M	411M	434M	247M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	24.12M	31.74M	35.89M	35.89M	70.69M
ECS Total Common Shares Outstanding	24.12M	31.74M	35.89M	35.89M	70.69M
Book Value / Share	3.05	0.91	0.3	0.8	1.02
Tangible Book Value	73.54M	28.96M	10.67M	28.86M	71.88M
Tangible Book Value Per Share	3.05	0.91	0.3	0.8	1.02
Total Debt	432M	360M	341M	334M	156M
Net Debt	333M	313M	297M	289M	138M
Debt Equivalent Oper. Leases	2.64M	2.58M	2.72M	2.84M	3.51M
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	629M	451M	432M	206M	212M
Full Time Employees	56	57	63	60	56
Accumulated Allowance for Doubtful Accounts (Supple)	1.98M	3.2M	4.8M	3.52M	3.66M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-15.42M	-70.18M	-25.3M	16.21M	21.84M
Depreciation & Amortization - CF	52.67M	115M	73.06M	51.13M	38.97M
Depreciation & Amortization, Total	52.67M	115M	73.06M	51.13M	38.97M
(Gain) Loss From Sale Of Asset	-	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	-	1.26M	-680K	-14.87M	-20.28M
Stock-Based Compensation (CF)	169K	93K	89K	22K	7K
Other Operating Activities, Total	29.09M	22.12M	2.91M	-3.17M	-3.47M
Change In Accounts Receivable	-3.14M	-3.56M	5.56M	-461K	17.93M
Change In Accounts Payable	119K	-186K	43K	511K	-1.66M
Change in Unearned Revenues	-8.02M	-8.02M	-8.02M	-7.48M	-5.86M
Change in Other Net Operating Assets	-1.3M	2.47M	18M	18.32M	28.97M
Cash from Operations	54.17M	59.2M	65.66M	60.21M	76.46M
Capital Expenditure	-491K	-1.71M	-355K	-241K	-233K
Sale of Property, Plant, and Equipment	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	31.9M	9.13M	-298K	-229K	-458K
Other Investing Activities, Total	-1.21M	-14.96M	-55.66M	-47.45M	139M
Cash from Investing	30.2M	-7.54M	-56.31M	-47.92M	138M
Long-Term Debt Issued, Total	-	-	-	-	140M
Total Debt Issued	-	-	-	-	140M
Long-Term Debt Repaid, Total	-48.55M	-74.4M	-15.65M	-10.6M	-327M
Total Debt Repaid	-48.55M	-74.4M	-15.65M	-10.6M	-327M
Issuance of Common Stock	-	8.29M	5.61M	-	21.35M
Other Financing Activities, Total	-23.16M	-20.24M	-	-	-78.6M
Cash from Financing	-71.71M	-86.35M	-10.04M	-10.6M	-244M
Foreign Exchange Rate Adjustments	1.96M	-8.79M	-1.34M	-577K	1.52M
Net Change in Cash	14.62M	-43.46M	-2.02M	1.11M	-28.07M
Supplemental Items
Cash Interest Paid	23.16M	20.24M	-	-	75M
Cash Income Tax Paid (Refund)	50K	48K	98K	66K	-
Levered Free Cash Flow	39.62M	53.97M	20.66M	21.61M	127M
Unlevered Free Cash Flow	57.04M	70.94M	37.41M	39.55M	148M
Change In Net Working Capital	3.99M	14.28M	35.87M	29M	-92.43M
Net Debt Issued / Repaid	-48.55M	-74.4M	-15.65M	-10.6M	-187M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	1.56	-5.76	0.11	4.17	5.01
Return on Total Capital	1.72	-6.29	0.13	4.93	5.77
Return On Equity %	-18.79	-136.95	-127.67	82.01	43.36
Return on Common Equity	-18.79	-136.95	-127.67	82.01	43.36
Margin Analysis
Gross Profit Margin %	25.6	29.42	31.74	34.74	39.6
SG&A Margin	14.27	15.73	13.49	10.59	12.86
EBITDA Margin %	51.19	55.22	58.97	63.81	70.71
EBITA Margin %	15.12	-46.2	0.78	28.22	30.79
EBIT Margin %	15.12	-46.2	0.78	28.22	30.79
Income From Continuing Operations Margin %	-16.45	-71.45	-25.51	16.21	24.63
Net Income Margin %	-16.45	-71.45	-25.51	16.21	24.63
Net Avail. For Common Margin %	-16.45	-71.45	-25.51	16.21	24.63
Normalized Net Income Margin	-11.47	-50.36	-16.71	0.5	1.12
Levered Free Cash Flow Margin	42.29	54.94	20.84	21.61	143.11
Unlevered Free Cash Flow Margin	60.88	72.22	37.73	39.54	167.18
Asset Turnover
Asset Turnover	0.16	0.2	0.24	0.24	0.26
Fixed Assets Turnover	0.23	0.27	0.35	0.43	0.42
Receivables Turnover (Average Receivables)	2.78	2.65	2.75	2.99	3.59
Short Term Liquidity
Current Ratio	1.85	0.29	0.43	0.54	1.24
Quick Ratio	1.81	0.25	0.22	0.21	1.19
Operating Cash Flow to Current Liabilities	0.73	0.17	0.18	0.16	2.55
Days Sales Outstanding (Average Receivables)	131.14	137.53	132.56	122.47	101.8
Average Days Payable Outstanding	9.43	9.42	9.4	11.43	10.03
Long Term Solvency
Total Debt/Equity	588.1	1.24K	3.2K	1.16K	217.21
Total Debt / Total Capital	85.47	92.55	96.97	92.06	68.48
LT Debt/Equity	515.49	101.64	140.96	54.72	197.09
Long-Term Debt / Total Capital	74.92	7.57	4.27	4.35	62.13
Total Liabilities / Total Assets	86.78	93.24	97.41	93.35	70.85
EBIT / Interest Expense	0.51	-1.67	0.03	0.98	0.8
EBITDA / Interest Expense	2.4	2.57	2.76	2.77	1.94
(EBITDA - Capex) / Interest Expense	2.38	2.51	2.74	2.76	1.93
Total Debt / EBITDA	6.47	5.15	4.62	4.22	2.36
Net Debt / EBITDA	4.98	4.48	4.02	3.64	2.09
Total Debt / (EBITDA - Capex)	6.52	5.28	4.65	4.23	2.36
Net Debt / (EBITDA - Capex)	5.02	4.6	4.04	3.65	2.1
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	6.69	4.85	0.95	0.86	-11.34
Gross Profit, 1 Yr. Growth %	41.17	20.48	8.93	10.39	1.05
EBITDA, 1 Yr. Growth %	14.09	13.1	7.81	8.46	-1.74
EBITA, 1 Yr. Growth %	77.86	-420.5	-101.69	30.35	-3.27
EBIT, 1 Yr. Growth %	77.86	-420.5	-101.69	30.35	-3.27
Earnings From Cont. Operations, 1 Yr. Growth %	-56.36	355.29	-63.95	-164.08	34.73
Net Income, 1 Yr. Growth %	-56.36	355.29	-63.95	-164.08	34.73
Normalized Net Income, 1 Yr. Growth %	-26.86	414.07	-64.45	-114.2	99.5
Diluted EPS Before Extra, 1 Yr. Growth %	-56.29	327.84	-73.66	-163	25.81
Accounts Receivable, 1 Yr. Growth %	9.79	10.1	-14.32	1.39	-53.2
Net Property, Plant and Equip., 1 Yr. Growth %	-2.82	-21.94	-21.56	-12.44	-8.1
Total Assets, 1 Yr. Growth %	-4.45	-23.02	-3.91	5.55	-43.21
Tangible Book Value, 1 Yr. Growth %	-18.78	-60.62	-63.15	170.47	149.02
Common Equity, 1 Yr. Growth %	-18.78	-60.62	-63.15	170.47	149.02
Cash From Operations, 1 Yr. Growth %	-24.46	9.3	10.91	-8.3	26.98
Capital Expenditures, 1 Yr. Growth %	26.87	248.07	-79.23	-32.11	-3.32
Levered Free Cash Flow, 1 Yr. Growth %	-29.71	62.26	-61.71	11.91	487.16
Unlevered Free Cash Flow, 1 Yr. Growth %	-22.7	39.98	-47.27	9.67	274.84
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	6.62	5.77	2.88	0.91	-5.44
Gross Profit, 2 Yr. CAGR %	-8.23	30.42	14.56	9.66	5.62
EBITDA, 2 Yr. CAGR %	-12.23	-7.9	-6.46	-4.4	-7.84
EBITA, 2 Yr. CAGR %	-8.43	246.33	-76.7	28.63	12.29
EBIT, 2 Yr. CAGR %	-8.43	246.33	-76.7	28.63	12.29
Earnings From Cont. Operations, 2 Yr. CAGR %	33.96	40.96	28.11	-51.94	-7.08
Net Income, 2 Yr. CAGR %	33.96	40.96	28.11	-51.94	-7.08
Normalized Net Income, 2 Yr. CAGR %	61.28	49.83	31.21	-78.14	-46.78
Diluted EPS Before Extra, 2 Yr. CAGR %	24.91	36.65	6.15	-59.35	-26.4
Accounts Receivable, 2 Yr. CAGR %	-3.64	9.94	-2.87	-6.8	-31.12
Net Property, Plant and Equip., 2 Yr. CAGR %	-8.47	-12.9	-21.75	-17.12	-10.3
Total Assets, 2 Yr. CAGR %	-8.71	-14.23	-13.99	0.71	-22.57
Tangible Book Value, 2 Yr. CAGR %	-23.46	-43.44	-61.91	-0.16	159.53
Common Equity, 2 Yr. CAGR %	-23.46	-43.44	-61.91	-0.16	159.53
Cash From Operations, 2 Yr. CAGR %	0.75	-9.14	10.1	0.85	7.9
Capital Expenditures, 2 Yr. CAGR %	-85.67	110.14	-14.97	-62.45	-18.99
Levered Free Cash Flow, 2 Yr. CAGR %	-4.12	-6.05	-21.18	-15.89	156.33
Unlevered Free Cash Flow, 2 Yr. CAGR %	1.58	-4.98	-14.08	-8.78	102.75
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	5.36	6.03	4.14	2.2	-3.35
Gross Profit, 3 Yr. CAGR %	-2.78	0.48	22.82	13.15	6.71
EBITDA, 3 Yr. CAGR %	8.18	-4.49	-2.94	-1.53	-3.52
EBITA, 3 Yr. CAGR %	-2.15	39.03	-41.21	25.84	16.97
EBIT, 3 Yr. CAGR %	-2.15	39.03	-41.21	25.84	16.97
Earnings From Cont. Operations, 3 Yr. CAGR %	1.22	101.41	-10.53	1.69	-32.23
Net Income, 3 Yr. CAGR %	1.22	101.41	-10.53	1.69	-32.23
Normalized Net Income, 3 Yr. CAGR %	48.74	128.76	-9.07	-62.7	-54.31
Diluted EPS Before Extra, 3 Yr. CAGR %	-3.72	88.19	-21.07	-10.92	-47.75
Accounts Receivable, 3 Yr. CAGR %	-4.02	0.74	1.18	-1.47	-25.92
Net Property, Plant and Equip., 3 Yr. CAGR %	31.01	-13.2	-15.89	-18.76	-14.22
Total Assets, 3 Yr. CAGR %	-3.82	-13.76	-10.92	-7.92	-16.8
Tangible Book Value, 3 Yr. CAGR %	-14.8	-38.67	-50.97	-26.78	35.4
Common Equity, 3 Yr. CAGR %	-15.87	-38.67	-50.97	-26.78	35.4
Cash From Operations, 3 Yr. CAGR %	11.4	3.53	-2.89	3.59	8.9
Capital Expenditures, 3 Yr. CAGR %	-77.03	-58.5	-2.84	-21.12	-48.53
Levered Free Cash Flow, 3 Yr. CAGR %	23.95	7.79	-30.35	-13.38	60.75
Unlevered Free Cash Flow, 3 Yr. CAGR %	24.08	8.67	-21.91	-7.93	46.11
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	6.67	5.82	4.36	3.95	0.2
Gross Profit, 5 Yr. CAGR %	-2.02	8.06	3.82	4.06	15.63
EBITDA, 5 Yr. CAGR %	2.81	11.33	9.07	0.5	-0.39
EBITA, 5 Yr. CAGR %	-0.08	39.28	-44.88	10.81	48.47
EBIT, 5 Yr. CAGR %	-0.08	39.28	-44.88	10.81	48.47
Earnings From Cont. Operations, 5 Yr. CAGR %	-12.35	38.85	11.22	13.55	-9.16
Net Income, 5 Yr. CAGR %	-12.35	38.85	11.22	13.55	-9.16
Normalized Net Income, 5 Yr. CAGR %	22.97	46.98	38.37	-34.47	-46.17
Diluted EPS Before Extra, 5 Yr. CAGR %	-15.04	32.89	0.08	1.95	-23.25
Accounts Receivable, 5 Yr. CAGR %	7.94	0.51	-3.56	-2.35	-13.25
Net Property, Plant and Equip., 5 Yr. CAGR %	12.95	9.83	6.6	-14.79	-13.69
Total Assets, 5 Yr. CAGR %	8.9	-7.9	-8.03	-8.24	-15.78
Tangible Book Value, 5 Yr. CAGR %	-8.91	-23.99	-38.25	-25.47	-4.51
Common Equity, 5 Yr. CAGR %	-9.81	-24.67	-38.72	-25.47	-4.51
Cash From Operations, 5 Yr. CAGR %	6.37	15.76	10.88	2.45	1.29
Capital Expenditures, 5 Yr. CAGR %	-62.41	-59.05	-61.23	-60.13	-9.65
Levered Free Cash Flow, 5 Yr. CAGR %	-28.3	-24.8	-0.14	-12.89	15.72
Unlevered Free Cash Flow, 5 Yr. CAGR %	-23.59	-19.93	4.61	-6.48	13.54