GILT: Gilat Satellite Networks Ltd Financial Statements
Balance sheet, income statement, and cash flow statements for Gilat Satellite Networks Ltd (GILT).
$350.65M Market Cap.
GILT Market Cap. (MRY)
GILT Shares Outstanding (MRY)
GILT Assets (MRY)
Total Assets
$429.75M
Total Liabilities
$125.31M
Total Investments
$12.00K
GILT Income (MRY)
Revenue
$305.45M
Net Income
$24.85M
Operating Expense
$85.63M
GILT Cash Flow (MRY)
CF Operations
$31.67M
CF Investing
-$6.61M
CF Financing
-$8.11M
GILT Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $429,748,000 (0.67%) | $426,886,000 (10.76%) | $385,411,000 (4.81%) | $367,735,000 (-10.79%) |
Assets Current | $255,631,000 (6.26%) | $240,573,000 (11.87%) | $215,054,000 (7.85%) | $199,405,000 (-16.54%) |
Assets Non-Current | $174,117,000 (-6.55%) | $186,313,000 (9.37%) | $170,357,000 (1.20%) | $168,330,000 (-2.86%) |
Goodwill & Intangible Assets | $65,419,000 (-7.59%) | $70,791,000 (61.71%) | $43,777,000 (-0.75%) | $44,108,000 (-0.99%) |
Shareholders Equity | $304,435,000 (10.83%) | $274,688,000 (12.52%) | $244,125,000 (-1.69%) | $248,323,000 (-0.83%) |
Property Plant & Equipment Net | $77,390,000 (-2.56%) | $79,420,000 (-1.30%) | $80,469,000 (4.68%) | $76,869,000 (-6.32%) |
Cash & Equivalents | $120,237,000 (14.84%) | $104,697,000 (20.16%) | $87,132,000 (3.17%) | $84,451,000 (-27.14%) |
Accumulated Other Comprehensive Income | -$6,120,000 (-15.15%) | -$5,315,000 (22.37%) | -$6,847,000 (-7.71%) | -$6,357,000 (-5.65%) |
Deferred Revenue | $19,167,000 (-46.21%) | $35,634,000 (12.87%) | $31,572,000 (23.41%) | $25,582,000 (-3.26%) |
Total Investments | $12,000 (-77.78%) | $54,000 (315.38%) | $13,000 (-99.40%) | $2,171,000 (5069.05%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $2,159,000 (0%) |
Investments Non-Current | $12,000 (-77.78%) | $54,000 (315.38%) | $13,000 (8.33%) | $12,000 (-71.43%) |
Inventory | $38,890,000 (0.95%) | $38,525,000 (16.66%) | $33,024,000 (16.15%) | $28,432,000 (-9.17%) |
Trade & Non-Trade Receivables | $53,554,000 (19.74%) | $44,725,000 (-11.69%) | $50,644,000 (29.32%) | $39,161,000 (39.98%) |
Trade & Non-Trade Payables | $17,107,000 (23.31%) | $13,873,000 (-32.88%) | $20,668,000 (4.51%) | $19,776,000 (-3.47%) |
Accumulated Retained Earnings (Deficit) | -$635,472,000 (3.76%) | -$660,321,000 (3.44%) | -$683,825,000 (-0.87%) | -$677,897,000 (-0.45%) |
Tax Assets | $11,896,000 (3.59%) | $11,484,000 (-37.13%) | $18,265,000 (4.07%) | $17,551,000 (-9.04%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $8,571,000 (-42.48%) | $14,901,000 (288.96%) | $3,831,000 (-6.58%) | $4,101,000 (-53.90%) |
Debt Current | $2,557,000 (-74.12%) | $9,879,000 (408.96%) | $1,941,000 (6.77%) | $1,818,000 (-69.24%) |
Debt Non-Current | $6,014,000 (19.75%) | $5,022,000 (165.71%) | $1,890,000 (-17.21%) | $2,283,000 (-23.52%) |
Total Liabilities | $125,313,000 (-17.66%) | $152,198,000 (7.72%) | $141,286,000 (18.32%) | $119,412,000 (-26.20%) |
Liabilities Current | $101,436,000 (-19.87%) | $126,584,000 (0.63%) | $125,787,000 (15.92%) | $108,508,000 (-27.08%) |
Liabilities Non-Current | $23,877,000 (-6.78%) | $25,614,000 (65.26%) | $15,499,000 (42.14%) | $10,904,000 (-16.06%) |
GILT Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $305,448,000 (14.79%) | $266,090,000 (10.94%) | $239,840,000 (11.57%) | $214,970,000 (29.39%) |
Cost of Revenue | $192,117,000 (19.22%) | $161,145,000 (5.37%) | $152,932,000 (6.42%) | $143,703,000 (15.19%) |
Selling General & Administrative Expense | $54,249,000 (799.95%) | $6,028,000 (-85.13%) | $40,544,000 (9.29%) | $37,099,000 (19.93%) |
Research & Development Expense | $38,136,000 (-7.38%) | $41,173,000 (15.52%) | $35,640,000 (13.74%) | $31,336,000 (19.13%) |
Operating Expenses | $85,634,000 (52.99%) | $55,972,000 (-27.27%) | $76,955,000 (11.39%) | $69,086,000 (1816.93%) |
Interest Expense | -$1,504,000 (-1279.82%) | -$109,000 (-103.87%) | $2,818,000 (63.65%) | $1,722,000 (-9.70%) |
Income Tax Expense | $4,352,000 (-7.21%) | $4,690,000 (-64.10%) | $13,063,000 (274.08%) | $3,492,000 (340.35%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $24,849,000 (5.72%) | $23,504,000 (496.49%) | -$5,928,000 (-95.45%) | -$3,033,000 (-108.65%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $24,849,000 (5.72%) | $23,504,000 (496.49%) | -$5,928,000 (-95.45%) | -$3,033,000 (-108.65%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $24,849,000 (5.72%) | $23,504,000 (496.49%) | -$5,928,000 (-95.45%) | -$3,033,000 (-108.65%) |
Weighted Average Shares | $57,016,920 (0.61%) | $56,668,999 (0.14%) | $56,591,994 (0.34%) | $56,401,074 (1.59%) |
Weighted Average Shares Diluted | $57,016,920 (0.61%) | $56,672,537 (0.14%) | $56,591,994 (0.34%) | $56,401,074 (1.47%) |
Earning Before Interest & Taxes (EBIT) | $27,697,000 (-1.38%) | $28,085,000 (182.18%) | $9,953,000 (356.35%) | $2,181,000 (-94.23%) |
Gross Profit | $113,331,000 (7.99%) | $104,945,000 (20.75%) | $86,908,000 (21.95%) | $71,267,000 (72.23%) |
Operating Income | $27,697,000 (-43.44%) | $48,973,000 (392.04%) | $9,953,000 (356.35%) | $2,181,000 (-94.23%) |
GILT Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$6,610,000 (47.89%) | -$12,685,000 (-55.38%) | -$8,164,000 (26.40%) | -$11,092,000 (-135.20%) |
Net Cash Flow from Financing | -$8,107,000 (-409.87%) | -$1,590,000 (0%) | $0 (0%) | -$39,003,000 (-61.87%) |
Net Cash Flow from Operations | $31,669,000 (-0.86%) | $31,944,000 (195.39%) | $10,814,000 (-42.79%) | $18,903,000 (-56.20%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $15,498,000 (-11.97%) | $17,606,000 (556.45%) | $2,682,000 (108.52%) | -$31,495,000 (-325.14%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | -$4,107,000 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | - | $0 (0%) | $623,000 (128.86%) | -$2,159,000 (0%) |
Capital Expenditure | -$6,610,000 (22.94%) | -$8,578,000 (2.38%) | -$8,787,000 (1.63%) | -$8,933,000 (-89.42%) |
Issuance (Repayment) of Debt Securities | -$8,107,000 (-409.87%) | -$1,590,000 (0%) | $0 (0%) | -$4,000,000 (2.34%) |
Issuance (Purchase) of Equity Shares | - | - | $0 (0%) | $0 (0%) |
Payment of Dividends & Other Cash Distributions | - | - | $0 (0%) | -$35,003,000 (-75.02%) |
Effect of Exchange Rate Changes on Cash | -$1,454,000 (-2207.94%) | -$63,000 (-296.88%) | $32,000 (110.56%) | -$303,000 (15.83%) |
Share Based Compensation | $6,726,000 (96.49%) | $3,423,000 (54.19%) | $2,220,000 (70.25%) | $1,304,000 (1.72%) |
Depreciation Amortization & Accretion | $13,554,000 (1.13%) | $13,402,000 (15.45%) | $11,608,000 (5.61%) | $10,991,000 (6.80%) |
GILT Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 37.10% (-5.84%) | 39.40% (8.84%) | 36.20% (9.04%) | 33.20% (33.33%) |
Profit Margin | 8.10% (-7.95%) | 8.80% (452.00%) | -2.50% (-78.57%) | -1.40% (-106.64%) |
EBITDA Margin | 13.50% (-13.46%) | 15.60% (73.33%) | 9.00% (47.54%) | 6.10% (-78.89%) |
Return on Average Equity (ROAE) | 8.60% (-4.44%) | 9.00% (475.00%) | -2.40% (-84.62%) | -1.30% (-108.84%) |
Return on Average Assets (ROAA) | 5.80% (-3.33%) | 6.00% (475.00%) | -1.60% (-100.00%) | -0.80% (-108.51%) |
Return on Sales (ROS) | 9.10% (-14.15%) | 10.60% (158.54%) | 4.10% (310.00%) | 1.00% (-95.59%) |
Return on Invested Capital (ROIC) | 18.90% (-9.13%) | 20.80% (197.14%) | 7.00% (288.89%) | 1.80% (-94.14%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 8.90% (61.82%) |
Price to Earnings Ratio (P/E) | 13.98 (-6.21%) | 14.9 (125.69%) | -58 (58.98%) | -141.4 (-1466.32%) |
Price to Sales Ratio (P/S) | 1.15 (-11.76%) | 1.3 (-4.97%) | 1.37 (-26.20%) | 1.85 (-14.87%) |
Price to Book Ratio (P/B) | 1.15 (-8.57%) | 1.26 (-6.32%) | 1.34 (-16.41%) | 1.61 (11.35%) |
Debt to Equity Ratio (D/E) | 0.41 (-25.63%) | 0.55 (-4.32%) | 0.58 (20.37%) | 0.48 (-25.54%) |
Earnings Per Share (EPS) | 0.44 (7.32%) | 0.41 (510.00%) | -0.1 (-100.00%) | -0.05 (-107.94%) |
Sales Per Share (SPS) | 5.36 (14.08%) | 4.7 (10.81%) | 4.24 (11.20%) | 3.81 (27.33%) |
Free Cash Flow Per Share (FCFPS) | 0.44 (6.80%) | 0.41 (1044.44%) | 0.04 (-79.66%) | 0.18 (-74.42%) |
Book Value Per Share (BVPS) | 5.34 (10.15%) | 4.85 (12.36%) | 4.31 (-2.02%) | 4.4 (-2.37%) |
Tangible Assets Book Value Per Share (TABVPS) | 6.39 (1.69%) | 6.28 (4.09%) | 6.04 (5.21%) | 5.74 (-13.35%) |
Enterprise Value Over EBIT (EV/EBIT) | 9 (0.00%) | 9 (-65.38%) | 26 (-82.19%) | 146 (1725.00%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 6.04 (0.57%) | 6.01 (-50.61%) | 12.16 (-49.68%) | 24.17 (294.74%) |
Asset Turnover | 0.72 (5.45%) | 0.68 (7.10%) | 0.63 (5.49%) | 0.6 (35.06%) |
Current Ratio | 2.52 (32.56%) | 1.9 (11.17%) | 1.71 (-6.96%) | 1.84 (14.52%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0.63 (75.00%) |
Free Cash Flow (FCF) | $25,059,000 (7.25%) | $23,366,000 (1052.74%) | $2,027,000 (-79.67%) | $9,970,000 (-74.07%) |
Enterprise Value (EV) | $249,190,747 (-0.01%) | $249,223,375 (-4.96%) | $262,226,090 (-17.63%) | $318,364,001 (8.17%) |
Earnings Before Tax (EBT) | $29,201,000 (3.57%) | $28,194,000 (295.15%) | $7,135,000 (1454.47%) | $459,000 (-98.72%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $41,251,000 (-0.57%) | $41,487,000 (92.42%) | $21,561,000 (63.69%) | $13,172,000 (-72.60%) |
Invested Capital | $151,227,000 (8.24%) | $139,715,000 (5.41%) | $132,546,000 (-1.65%) | $134,769,000 (20.53%) |
Working Capital | $154,195,000 (35.27%) | $113,989,000 (27.69%) | $89,267,000 (-1.79%) | $90,897,000 (0.88%) |
Tangible Asset Value | $364,329,000 (2.31%) | $356,095,000 (4.23%) | $341,634,000 (5.56%) | $323,627,000 (-11.97%) |
Market Capitalization | $350,654,747 (1.35%) | $345,971,375 (5.37%) | $328,332,090 (-17.84%) | $399,633,001 (10.45%) |
Average Equity | $289,871,250 (10.93%) | $261,299,000 (6.07%) | $246,344,500 (5.46%) | $233,586,000 (-1.89%) |
Average Assets | $426,482,250 (8.81%) | $391,966,500 (3.69%) | $378,018,500 (5.69%) | $357,674,250 (-4.28%) |
Invested Capital Average | $146,316,250 (8.62%) | $134,710,750 (-4.89%) | $141,631,750 (14.07%) | $124,165,250 (0.83%) |
Shares | 57,017,032 (0.69%) | 56,623,793 (0.03%) | 56,608,981 (0.15%) | 56,525,177 (1.86%) |
