Ituran Location & Control Ltd. (ITRN) Financial Statements — Income, Balance Sheet, Cash Flow

Overview Financials Chart Business Summary Filings Ownership Valuation

Financial Statements — ITRN

Balance Sheet

(in millions USD)

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Cash & Equivalents	107.55	77.36	53.43	27.85	50.31	72.18	53.96
Short-term Investments	0.00	0.01	0.12	0.32	4.41	6.66	0.36
Accounts Receivable	58.52	47.69	45.39	45.82	43.92	39.34	45.09
Inventory	23.21	23.43	26.87	28.51	27.13	22.62	25.54
Total Current Assets	237.64	194.56	178.54	150.65	162.73	179.44	174.15
Property, Plant & Equipment	39.39	33.08	41.96	45.60	35.65	37.65	48.87
Goodwill	39.83	39.33	39.40	39.51	40.00	39.86	50.09
Intangible Assets	8.84	9.01	10.83	12.62	16.75	19.38	23.36
Total Non-current Assets*	148.57	132.32	140.15	140.28	130.29	133.04	30.15
Total Assets	386.21	326.88	318.69	290.93	293.02	312.47	339.24
Accounts Payable	19.08	18.85	20.84	21.94	21.28	19.72	22.66
Short-term Debt	0.00	0.11	0.36	11.85	18.26	20.39	18.11
Total Current Liabilities	104.11	87.72	92.46	92.97	104.63	112.73	101.07
Long-term Debt	--	--	0.59	12.19	31.43	54.46	67.91
Total Non-current Liabilities	57.62	47.90	45.98	45.10	50.59	69.85	102.26
Total Liabilities*	168.65	141.65	144.23	145.13	160.56	185.28	209.91
Retained Earnings	244.40	226.18	203.56	168.96	143.26	127.68	116.48
Total Stockholder Equity	217.56	185.23	174.45	145.80	132.46	127.19	129.33

* Derived from reported values

Income Statement

(in millions USD) (except per-share rows)

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Total Revenue	359.02	336.26	319.98	293.07	270.88	245.63	279.33
Cost of Revenue	180.45	175.64	166.82	155.51	144.40	130.11	148.81
Gross Profit	178.58	160.62	153.16	137.56	126.48	115.52	130.52
Research & Development	20.81	18.09	16.99	16.85	14.10	12.77	13.91
Selling, General & Admin	62.46	56.24	56.64	48.71	46.12	49.71	55.17
Total Operating Expenses*	101.55	89.45	87.21	78.79	71.87	87.68	107.86
Operating Income	77.03	71.17	65.96	58.77	54.62	27.83	22.65
Pretax Income	74.90	71.25	64.41	52.83	48.97	29.04	23.20
Tax Provision	14.90	14.58	13.36	12.75	11.85	10.86	12.23
Net Income	57.97	53.65	48.14	37.10	34.26	16.12	6.89
Basic EPS	2.92	2.70	2.41	1.82	--	--	--
Diluted EPS	2.92	2.70	2.41	1.82	--	--	--

* Derived from reported values

Cash Flow Statement

(in millions USD)

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Operating Cash Flow	88.58	74.27	77.22	45.12	55.79	60.07	59.68
Capital Expenditures	21.78	13.63	14.24	26.51	16.63	10.23	18.31
Free Cash Flow*	66.80	60.64	62.98	18.61	39.16	49.83	41.37
Investing Cash Flow	(24.18)	(15.94)	(17.23)	(27.35)	(18.52)	(11.48)	(18.29)
Financing Cash Flow	(42.71)	(31.77)	(32.93)	(36.36)	(58.67)	(29.45)	(38.93)

* Derived from reported values

Dividends Per Share

(USD)

Metric	FY 2024	FY 2023	FY 2021
Dividends Per Share	1.56	0.90	0.24