GILT Financial Statements

Balance sheet, income statement, cash flow, and dividends for Gilat Satellite Networks Ltd (GILT).


$350.65M Market Cap.

As of 02/12/2025 5:00 PM ET (MRY) • Disclaimer

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 Dividends (MRY)


Period

Dividends

Yield %

Growth %

Payout Ratio

Coverage Ratio

2024

$0

0%

0%

0%

-

2023

$0

0%

0%

0%

-

2022

$0

0%

0%

0%

-

2021

$0.63

8.90%

75.00%

-1260.00%

-0.08

2020

$0.36

5.50%

-

57.14%

1.75

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%)