Cohen Dev

TASE:CDEV

Israel / Energy / Oil, Gas & Consumable Fuels

Overview

News

10Y Historical Financials

Stock Price

175.00 ILS


Key Metrics	Latest
Total Revenue	28.938 M
Adjusted EBITDA	25.662 M
EBITDA Margin	88.7%
Net Profit Margin	70.4%
Total Assets	38.581 M
Total Debt	0 K

10Y Historical Financial Statements

Summary Financials


Summary Financials

	Fiscal Year Ending										Latest
(in millions)	Dec-14	Dec-15	Dec-16	Dec-17	Dec-18	Dec-19	Dec-20	Dec-21	Dec-22	Dec-23	12 Months

Revenue	6	7	7	8	9	9	13	17	22	26	29
% Growth		2.1%	5.4%	9.4%	14.4%	-0.9%	56.1%	22.8%	32.9%	20.7%

Adjusted EBITDA	6	6	6	7	8	8	13	15	19	23	26
% Margin	87.1%	87.6%	86.8%	90.8%	90.5%	91.4%	94.2%	88.1%	86.6%	88.5%	88.7%

Adjusted EBIT	6	6	6	7	8	8	13	15	19	23	26
% Margin	86.9%	87.5%	86.6%	90.8%	90.5%	91.3%	94.2%	88.0%	86.5%	88.2%	88.4%

Adjusted Net Income	4	5	6	18	6	7	5	17	15	22	20
% Margin	57.9%	74.7%	82.0%	234.4%	66.6%	78.8%	33.8%	100.2%	70.4%	83.4%	70.4%

Adjusted Basic EPS	0.57	0.75	0.87	2.70	0.88	1.06	0.71	2.57	2.40	3.43	3.16

Supporting Calculations

Income Statement

Balance Sheet

Statement of Cashflows


Income Statement
											Original
USD	Fiscal Year Ending										Latest
(in millions)	Dec-14	Dec-15	Dec-16	Dec-17	Dec-18	Dec-19	Dec-20	Dec-21	Dec-22	Dec-23	Sep-24
	FY - 9	FY - 8	FY - 7	FY - 6	FY - 5	FY - 4	FY - 3	FY - 2	FY - 1	FY	LTM

Revenue	6	7	7	8	9	9	13	17	22	26	29
% Growth	NA	2.1%	5.4%	9.4%	14.4%	-0.9%	56.1%	22.8%	32.9%	20.7%

Cost of Revenue	0	0	0	0	0	0	0	0	0	0	0
Gross Profit	6	7	7	8	9	9	13	17	22	26	29
% Revenue	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%

Research and Development	0	0	0	0	0	0	0	0	0	0	0
Selling and Marketing	0	0	0	0	0	0	0	0	0	0	0
General and Admin	(1)	(1)	(1)	(1)	(1)	(1)	(1)	(1)	(1)	(1)	(1)
Other Inc / (Exp)	(1)	1	1	14	(0)	1	(5)	4	(1)	2	(2)
Total Operating Exp	(2)	(0)	0	13	(1)	0	(6)	4	(2)	1	(3)

Operating Income	5	6	7	20	8	9	7	20	20	27	26
% Revenue	75.1%	95.6%	101.3%	268.8%	86.8%	100.9%	53.6%	122.2%	89.9%	102.6%	88.9%

Interest Expense	0	0	0	0	0	0	0	0	0	1	1
Pre-tax Income	5	6	7	21	8	9	7	20	20	28	27
Earnings of Discontinued Ops.	0	0	0	0	0	0	0	0	0	0	0
Provision for Taxes	(2)	(2)	(2)	(2)	(2)	(2)	(3)	(4)	(4)	(6)	(6)
Net Income to Company	4	5	6	19	6	7	5	17	15	22	20
% Margin	56.9%	74.6%	82.0%	248.8%	66.4%	81.3%	33.5%	100.4%	70.5%	83.4%	70.4%

Minority Interest in Earnings	0	0	0	0	0	0	0	0	0	0	0
Net Income to Stockholders	4	5	6	19	6	7	5	17	15	22	20

Preferred Dividends	0	0	0	0	0	0	0	0	0	0	0
Other Adj.	0	0	0	0	0	0	0	0	0	0	0

Net Income to Common	4	5	6	19	6	7	5	17	15	22	20
% Margin	56.9%	74.6%	82.0%	248.8%	66.4%	81.3%	33.5%	100.4%	70.5%	83.4%	70.4%

As Reported
Basic EPS (Continuing Ops)	0.56	0.75	0.87	2.87	0.88	1.09	0.70	2.58	2.41	3.43	3.16
Diluted EPS (Continuing Ops)	0.56	0.75	0.87	2.87	0.88	1.09	0.70	2.58	2.41	3.43	3.16

WA Basic Shares Out.	6.58	6.58	6.58	6.58	6.58	6.43	6.43	6.43	6.43	6.43	6.44
WA Diluted Shares Out.	6.58	6.58	6.58	6.58	6.58	6.43	6.43	6.43	6.43	6.43	6.44

EBITDA, EBIT Reconciliation
EBT, Incl. Unusual Items	5	6	7	21	8	9	7	20	20	28	27
Addback: Net Interest Expense	(0)	(0)	(0)	(0)	(0)	(0)	(0)	(0)	(0)	(1)	(1)
Addback: Other Non Operating Expenses, Total	1	(1)	(1)	(12)	0	(1)	5	(6)	(1)	(4)	(0)
Addback: Depreciation & Amortization	0	0	0	0	0	0	0	0	0	0	0
Addback: Restructuring Charges	0	0	0	0	0	0	0	0	0	0	0
Addback: Merger / Acquisition Expenses	0	0	0	0	0	0	0	0	0	0	0
Addback: Goodwill Impairment	0	0	0	0	0	0	0	0	0	0	0
Addback: Gain (Loss) On Sale Of Invest.	0	0	0	0	0	0	0	(0)	(0)	0	0
Addback: Gain (Loss) On Sale Of Assets	0	0	0	(2)	0	0	0	0	0	0	0
Addback: Asset Writedown	0	0	0	0	0	0	0	0	0	0	0
Addback: In Process R&D Expenses	0	0	0	0	0	0	0	0	0	0	0
Addback: Insurance Settlements	0	0	0	0	0	0	0	0	0	0	0
Addback: Legal Settlements	0	0	0	0	0	(0)	0	0	0	0	0
Addback: Other Unusual Items	0	0	0	0	0	0	0	0	0	0	0
Adjusted EBITDA	6	6	6	7	8	8	13	15	19	23	26
% Margin	87.1%	87.6%	86.8%	90.8%	90.5%	91.4%	94.2%	88.1%	86.6%	88.5%	88.7%

Adjusted EBIT	6	6	6	7	8	8	13	15	19	23	26
% Margin	86.9%	87.5%	86.6%	90.8%	90.5%	91.3%	94.2%	88.0%	86.5%	88.2%	88.4%

Adjusted Net Income Reconciliation
Net Income to Company	4	5	6	19	6	7	5	17	15	22	20
Addback: Unusual Items	0	0	0	(1)	0	(0)	0	(0)	(0)	0	0
Less: Tax Benefit of Unusual Items (26%)	(0)	(0)	0	0	(0)	0	(0)	0	0	0	0
Adjusted Net Income	4	5	6	18	6	7	5	17	15	22	20
% Margin	57.9%	74.7%	82.0%	234.4%	66.6%	78.8%	33.8%	100.2%	70.4%	83.4%	70.4%

Loading Error

Cohen Dev

TASE:CDEV

Israel / Energy / Oil, Gas & Consumable Fuels

10Y Historical Financials