Ituran Location & Control Ltd. income statement
In fiscal 2025, Ituran Location & Control Ltd. reported revenue of $359m, up 6.8% on the year before, operating income of $77.0m (a 21.5% margin) and net income of $58.0m, or $2.92 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 121 | 148 | 160 | 150 | 170 | 182 | 176 | 200 | 235 | 253 | 279 | 246 | 271 | 293 | 320 | 336 | 359 |
| Cost of revenue | 61 | 75 | 79 | 75 | 81 | 85 | 86 | 98 | 115 | 126 | 149 | 129 | 143 | 156 | 167 | 176 | 180 |
| Gross profit | 61 | 73 | 81 | 76 | 89 | 97 | 90 | 102 | 119 | 127 | 131 | 117 | 128 | 138 | 153 | 161 | 179 |
| Research and development | 0 | 0 | 2 | 2 | 2 | 3 | 2 | 3 | 3 | 6 | 14 | 13 | 14 | 17 | 17 | 18 | 21 |
| Selling and marketing | 8 | 9 | 9 | 8 | 10 | 9 | 9 | 10 | 12 | 11 | 13 | 12 | 13 | 13 | 14 | 15 | 18 |
| General and administrative | 27 | 32 | 35 | 33 | 34 | 39 | 38 | 40 | 48 | 48 | 55 | 50 | 46 | 49 | 57 | 56 | 62 |
| Operating income | 24 | 31 | 27 | 30 | 38 | 46 | 41 | 48 | 57 | 62 | 23 | 28 | 55 | 59 | 66 | 71 | 77 |
| Income before tax | 26 | 16 | 28 | 38 | 38 | 48 | 42 | 50 | 56 | 76 | 23 | 29 | 49 | 53 | 64 | 71 | 75 |
| Income tax | 7 | 6 | 6 | 12 | 12 | 14 | 13 | 15 | 18 | 17 | 12 | 11 | 12 | 13 | 13 | 15 | 15 |
| Net income | 18 | 10 | 22 | 26 | 24 | 30 | 25 | 32 | 44 | 61 | 7 | 16 | 34 | 37 | 48 | 54 | 58 |
| Diluted EPS | $0.87 | $0.42 | $1.01 | $1.19 | $1.13 | $1.45 | $1.19 | $1.53 | $2.09 | $2.88 | $0.33 | $0.77 | $1.65 | $1.82 | $2.41 | $2.70 | $2.92 |
| Diluted shares (average) | 21m | 21m | 21m | 21m | 21m | 21m | 21m | 21m | 21m | 21m | 21m | 21m | 21m | 20m | 20m | 20m | 20m |
| EBITDA | — | 45 | 41 | 42 | 48 | 55 | 49 | 57 | 67 | 71 | 40 | 42 | 68 | 73 | 81 | 86 | 91 |
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