Ituran Location & Control Ltd.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $199.6m $234.6m $253.3m $279.3m $245.6m $270.9m $293.1m $320.0m $336.3m $359.0m
Cost of Goods and Services Sold $97.5m $115.3m $126.0m $148.8m $130.1m $144.4m $155.5m $166.8m $175.6m $180.4m
Gross Profit $102.0m $119.4m $127.3m $130.5m $115.5m $126.5m $137.6m $153.2m $160.6m $178.6m
Operating Income (Loss) $48.0m $56.5m $62.4m $22.7m $27.8m $54.6m $58.8m $66.0m $71.2m $77.0m
Additional Financial Items
Amortization of Intangible Assets $1.2m $7.8m $5.9m $5.8m $6.2m $5.3m $5.2m $4.2m
Goodwill, Impairment Loss $12.3m $10.5m $0
Income (Loss) from Continuing Operations before Income Taxes, Domestic $22.6m $22.1m $46.1m $27.0m $38.5m $39.6m $51.6m $55.3m $53.9m
Income (Loss) from Equity Method Investments ($449k) $8.5m $4.2m ($3.2m) ($842k) ($102k) ($585k)
Other Income $13.1m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $50.1m $55.5m $76.2m $23.2m $29.0m $49.0m $52.8m $64.4m $71.2m $74.9m
Investment Income, Net $4.4m $1.9m
Net Income (Loss) Attributable to Parent $32.1m $43.8m $60.7m $6.9m $16.1m $34.3m $37.1m $48.1m $53.7m $58.0m
Net Income (Loss) Attributable to Noncontrolling Interest $2.6m $2.6m $2.5m $878k $1.2m $2.8m $2.4m $2.2m $2.9m $2.0m
Earnings Per Share, Basic $1.53 $2.09 $2.88 $0.33 $0.77 $1.65 $1.82 $2.41 $2.70 $2.92
Earnings Per Share, Diluted $1.53 $2.09 $2.88 $0.33 $0.77 $1.65 $1.82 $2.41 $2.70 $2.92
Weighted Average Number of Shares Outstanding, Basic 20.4m 20.0m 19.9m 19.9m
Weighted Average Number of Shares Outstanding, Diluted 20.4m 20.0m 19.9m 19.9m
Other Nonoperating Income (Expense) $2.1m ($272k)
Business Combination, Acquisition Related Costs ($1.5m)
Current Income Tax Expense (Benefit) $15.9m $16.6m $14.9m $13.8m $10.2m $11.9m $13.8m $16.2m $16.1m $17.1m
General and Administrative Expense $40.2m $47.6m $47.7m $55.2m $49.7m $46.1m $48.7m $56.6m $56.2m $62.5m
Nonoperating Income (Expense) $2.1m ($989k) $717k $576k $1.5m ($5.5m) ($5.9m) ($1.6m) $80k ($1.9m)
Research and Development Expense $2.9m $3.2m $6.2m $13.9m $12.8m $14.1m $16.8m $17.0m $18.1m $20.8m
Selling and Marketing Expense $10.1m $12.2m $11.3m $12.8m $11.0m $11.9m $13.3m $13.6m $15.3m $18.4m
Income Tax Expense (Benefit) $14.9m $17.7m $17.3m $12.2m $10.9m $11.9m $12.7m $13.4m $14.6m $14.9m
Other Operating Income (Expense), Net ($836k) $147k $306k ($26k) ($272k) ($109k) $0 $2k $0 $91k