NASDAQ : GIXI
Gix Internet Ltd — Financial statements
Communication Services · Advertising Agencies · Israel
Last price 3.91 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 9.41M
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Financial statements
Gix Internet Ltd (GIXI) reported revenue of 27.25M ILS (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in ILS.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 27.25M | 27.25M | 99.66M | 293.75M | 321.35M | 144.76M |
| Cost of Revenue | 22.29M | 22.29M | 81.33M | 259.95M | 276.16M | 119.75M |
| Gross Profit | 4.95M | 4.95M | 18.33M | 33.81M | 45.19M | 25.00M |
| Selling, General & Admin | 11.21M | 11.21M | 17.45M | 27.55M | 21.52M | 15.33M |
| Research & Development | 5.69M | 5.69M | 10.36M | 14.04M | 15.44M | 11.33M |
| Other Operating Expenses | 2.40M | 2.40M | 896.00K | |||
| Operating Expenses | 21.45M | 21.45M | 28.91M | 41.59M | 36.97M | 26.67M |
| Operating Income | -16.50M | -16.50M | -10.59M | -7.78M | 8.22M | -1.66M |
| Interest Expense | -5.82M | -5.82M | -4.01M | -4.16M | -2.95M | -1.78M |
| Earnings From Equity Investments | 1.32M | 1.32M | ||||
| Currency Exchange Gain (Loss) | 1.53M | 1.53M | -90.00K | -1.65M | -1.74M | 375.00K |
| Other Non Operating Income (Expenses) | -1.07M | -1.07M | -7.15M | -114.00K | -24.00K | -60.00K |
| EBT Excluding Unusual Items | -20.54M | -20.54M | -21.84M | -13.70M | 3.51M | -3.13M |
| Merger & Restructuring Charges | -670.00K | -799.00K | ||||
| Impairment of Goodwill | -17.18M | -17.18M | -2.41M | -1.83M | ||
| Gain (Loss) on Sale of Investments | -88.16M | -88.16M | -104.00K | -1.00K | -667.00K | |
| Gain (Loss) on Sale of Assets | 31.47M | 31.47M | -266.00K | |||
| Other Unusual Items | 1.49M | |||||
| Pretax Income | -94.42M | -94.42M | -23.14M | -13.70M | 1.00M | -4.59M |
| Income Tax Expense | -480.00K | -480.00K | -52.00K | 99.00K | 1.08M | 282.00K |
| Earnings From Continuing Operations | -93.94M | -93.94M | -23.09M | -13.80M | -82.00K | -4.88M |
| Minority Interest in Earnings | 65.21M | 65.21M | 7.52M | 2.96M | -852.00K | |
| Net Income | -28.73M | -28.73M | -15.56M | -10.84M | -82.00K | -5.73M |
| Net Income to Common | -28.73M | -28.73M | -15.56M | -10.84M | -82.00K | -5.73M |
| Shares Outstanding (Basic) | 1.74M | 1.74M | 1.43M | 1.35M | 1.28M | 1.09M |
| Shares Outstanding (Diluted) | 1.74M | 1.74M | 1.43M | 1.35M | 1.28M | 1.09M |
| EPS (Basic) | -16.55 | -16.55 | -10.88 | -8.03 | -0.06 | -5.25 |
| EPS (Diluted) | -16.55 | -16.55 | -10.88 | -8.03 | -0.06 | -5.25 |
| Free Cash Flow | -16.61M | -16.61M | 5.04M | 2.17M | 5.76M | 9.15M |
| Free Cash Flow Per Share | -9.57 | -9.57 | 3.52 | 1.60 | 4.50 | 8.39 |
| Gross Margin | 18.17% | 18.17% | 18.39% | 11.51% | 14.06% | 17.27% |
| Operating Margin | -60.56% | -60.56% | -10.62% | -2.65% | 2.56% | -1.15% |
| Profit Margin | -105.45% | -105.45% | -15.62% | -3.69% | -0.03% | -3.96% |
| Free Cash Flow Margin | -60.96% | -60.96% | 5.05% | 0.74% | 1.79% | 6.32% |
| EBITDA | -12.63M | -12.63M | -6.34M | 582.00K | 16.09M | 4.81M |
| EBITDA Margin | -46.37% | -46.37% | -6.37% | 0.20% | 5.01% | 3.32% |
| D&A For EBITDA | 3.87M | 3.87M | 4.24M | 8.36M | 7.87M | 6.47M |
| EBIT | -16.50M | -16.50M | -10.59M | -7.78M | 8.22M | -1.66M |
| EBIT Margin | -60.56% | -60.56% | -10.62% | -2.65% | 2.56% | -1.15% |
| Effective Tax Rate | 108.19% |
Balance sheet
Fiscal year January - December; amounts in ILS.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 656.00K | 656.00K | 2.30M | 6.93M | 15.05M | 16.83M |
| Cash & Short-Term Investments | 656.00K | 656.00K | 2.30M | 6.93M | 15.05M | 16.83M |
| Accounts Receivable | 50.00K | 50.00K | 6.68M | 41.20M | 73.72M | 45.13M |
| Other Receivables | 406.00K | 406.00K | 2.15M | 2.22M | 2.48M | 8.01M |
| Receivables | 456.00K | 456.00K | 8.84M | 43.42M | 76.21M | 53.14M |
| Prepaid Expenses | 72.00K | 72.00K | 273.00K | 722.00K | 1.28M | 1.28M |
| Other Current Assets | 3.28M | 3.28M | 2.54M | 540.00K | 650.00K | 728.00K |
| Total Current Assets | 4.46M | 4.46M | 13.95M | 51.61M | 93.19M | 71.98M |
| Property, Plant & Equipment | 350.00K | 350.00K | 104.00K | 2.21M | 2.67M | 2.93M |
| Long-Term Investments | 28.84M | 28.84M | 222.00K | 622.00K | 192.00K | 429.00K |
| Goodwill | 10.20M | 10.20M | 30.78M | 33.01M | 32.38M | 29.88M |
| Other Intangible Assets | 10.00M | 10.00M | 11.27M | 15.44M | 21.98M | 26.23M |
| Long-Term Deferred Tax Assets | 616.00K | 381.00K | 1.01M | 219.00K | ||
| Total Assets | 53.86M | 53.86M | 56.94M | 103.27M | 151.42M | 131.66M |
| Accounts Payable | 319.00K | 319.00K | 14.97M | 34.10M | 50.48M | 32.74M |
| Accrued Expenses | 3.00M | 3.00M | 11.51M | 14.99M | 24.99M | 24.93M |
| Short-Term Debt | 8.88M | 8.88M | 14.39M | 35.90M | 20.54M | 19.70M |
| Current Portion of Long-Term Debt | 11.17M | 5.28M | 5.42M | |||
| Current Portion of Leases | 330.00K | 312.00K | 312.00K | |||
| Other Current Liabilities | 3.73M | 3.73M | 9.20M | 446.00K | 2.30M | 350.00K |
| Total Current Liabilities | 15.94M | 15.94M | 61.26M | 85.77M | 103.90M | 83.45M |
| Long-Term Debt | 1.81M | 1.57M | 10.14M | 15.41M | ||
| Long-Term Leases | 1.20M | 1.46M | 1.50M | |||
| Pension & Post-Retirement Benefits | 372.00K | 465.00K | ||||
| Long-Term Deferred Tax Liabilities | 2.30M | 2.30M | 1.34M | 1.80M | 2.56M | 2.97M |
| Total Liabilities | 18.24M | 18.24M | 64.40M | 90.34M | 118.43M | 103.80M |
| Additional Paid-In Capital | 119.54M | 119.54M | 101.46M | 101.45M | 99.88M | 93.65M |
| Retained Earnings | -183.65M | -183.65M | -154.93M | -139.36M | -128.53M | -122.98M |
| Comprehensive Income & Other | 99.73M | 99.73M | 34.62M | 39.66M | 44.89M | 42.17M |
| Total Common Equity | 35.62M | 35.62M | -18.84M | 1.75M | 16.24M | 12.84M |
| Minority Interest | 11.37M | 11.18M | 16.74M | 15.02M | ||
| Shareholders' Equity | 35.62M | 35.62M | -7.47M | 12.93M | 32.99M | 27.87M |
| Total Liabilities & Equity | 53.86M | 53.86M | 56.94M | 103.27M | 151.42M | 131.66M |
| Total Debt | 8.88M | 8.88M | 27.38M | 39.01M | 37.73M | 42.34M |
| Net Cash (Debt) | -8.22M | -8.22M | -25.07M | -32.08M | -22.68M | -25.51M |
| Net Cash Per Share | -4.74 | -4.74 | -17.53 | -23.76 | -17.73 | -23.40 |
| Filing Date Shares Outstanding | 2.08M | 2.08M | 1.43M | 1.34M | 1.34M | 1.21M |
| Total Common Shares Outstanding | 2.08M | 2.08M | 1.43M | 1.34M | 1.34M | 1.21M |
| Working Capital | -11.47M | -11.47M | -47.30M | -34.16M | -10.72M | -11.47M |
| Book Value Per Share | 17.16 | 17.16 | -13.17 | 1.30 | 12.09 | 10.63 |
| Tangible Book Value | 15.42M | 15.42M | -60.88M | -46.71M | -38.12M | -43.27M |
| Tangible Book Value Per Share | 7.43 | 7.43 | -42.57 | -34.77 | -28.37 | -35.80 |
| Machinery | 754.00K | 754.00K | 1.94M | 2.60M | 2.46M | 2.19M |
| Leasehold Improvements | 6.00K | 6.00K | 6.00K | 996.00K | 960.00K | 918.00K |
Cash flow statement
Fiscal year January - December; amounts in ILS.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -28.73M | -28.73M | -15.56M | -10.84M | -82.00K | -5.73M |
| Depreciation & Amortization | 3.87M | 3.87M | 4.41M | 8.36M | 7.87M | 6.47M |
| Other Amortization | 261.00K | 261.00K | 784.00K | 296.00K | 201.00K | 825.00K |
| Loss (Gain) From Sale of Assets | -31.47M | -31.47M | 212.00K | |||
| Asset Writedown & Restructuring Costs | 17.18M | 17.18M | 2.41M | 1.83M | ||
| Loss (Gain) From Sale of Investments | 641.00K | |||||
| Loss (Gain) on Equity Investments | -1.32M | -1.32M | ||||
| Stock-Based Compensation | 2.96M | 2.96M | 295.00K | 646.00K | 1.14M | 232.00K |
| Other Operating Activities | 26.15M | 26.15M | -715.00K | -5.50M | -1.51M | -1.13M |
| Change in Accounts Receivable | 1.73M | 1.73M | 35.24M | 35.38M | -4.18M | 3.74M |
| Change in Accounts Payable | -4.31M | -4.31M | -22.92M | -26.93M | 6.27M | |
| Change in Other Net Operating Assets | -2.59M | -2.59M | 878.00K | 798.00K | 679.00K | -1.15M |
| Operating Cash Flow | -16.26M | -16.26M | 5.04M | 2.22M | 5.95M | 10.17M |
| Capital Expenditures | -346.00K | -346.00K | -4.00K | -59.00K | -195.00K | -1.02M |
| Cash Acquisitions | 105.00K | 105.00K | -33.04M | |||
| Divestitures | -7.24M | -7.24M | ||||
| Sale (Purchase) of Intangibles | -45.00K | -854.00K | ||||
| Investment in Securities | 58.00K | 565.00K | ||||
| Other Investing Activities | -397.00K | -397.00K | 412.00K | 143.00K | 133.00K | 386.00K |
| Investing Cash Flow | -7.88M | -7.88M | 466.00K | 84.00K | -107.00K | -33.97M |
| Short-Term Debt Issued | 2.35M | 2.35M | 2.50M | 15.32M | ||
| Long-Term Debt Issued | 10.82M | 10.82M | 6.93M | 22.41M | ||
| Total Debt Issued | 13.17M | 13.17M | 2.50M | 6.93M | 37.73M | |
| Short-Term Debt Repaid | -3.15M | -3.15M | -11.20M | -588.00K | -1.87M | -2.00M |
| Long-Term Debt Repaid | -12.81M | -12.81M | -2.04M | -6.99M | -7.07M | -4.99M |
| Lease Payments | -151.00K | -312.00K | -268.00K | -118.00K | ||
| Total Debt Repaid | -15.96M | -15.96M | -13.24M | -7.57M | -8.93M | -6.99M |
| Net Debt Issued (Repaid) | -2.80M | -2.80M | -10.74M | -644.00K | -8.93M | 30.75M |
| Issuance of Common Stock | 22.35M | 22.35M | 944.00K | 800.00K | 5.58M | |
| Other Financing Activities | -11.59M | -7.96M | -605.00K | |||
| Financing Cash Flow | 19.55M | 19.55M | -9.79M | -11.43M | -11.31M | 30.14M |
| Foreign Exchange Rate Adjustments | 2.94M | 2.94M | -338.00K | 1.01M | 3.68M | -2.26M |
| Net Cash Flow | -1.65M | -1.65M | -4.62M | -8.12M | -1.79M | 4.09M |
| Free Cash Flow | -16.61M | -16.61M | 5.04M | 2.17M | 5.76M | 9.15M |
| Free Cash Flow Margin | -60.96% | -60.96% | 5.05% | 0.74% | 1.79% | 6.32% |
| Free Cash Flow Per Share | -9.57 | -9.57 | 3.52 | 1.60 | 4.50 | 8.39 |
| Levered Free Cash Flow | -28.00M | -28.00M | 15.54M | 7.01M | 9.27M | 6.73M |
| Unlevered Free Cash Flow | -24.49M | -24.49M | 17.84M | 9.31M | 10.92M | 7.02M |
| Free Cash Flow After Leases | -16.61M | -16.61M | 4.88M | 1.85M | 5.49M | 9.03M |
| Cash Interest Paid | 1.26M | 1.26M | 2.50M | 3.40M | 1.97M | 625.00K |
| Cash Income Tax Paid | 25.00K | 25.00K | 454.00K | 2.45M | 2.16M | 1.23M |
| Change in Working Capital | -5.17M | -5.17M | 13.20M | 9.25M | -3.50M | 8.85M |
Ratios
Fiscal year January - December; amounts in ILS.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 9.51M | 11.29M | 2.04M | 3.77M | 5.81M | 16.93M |
| Enterprise Value | 12.13M | 9.18M | 11.97M | 16.81M | 17.58M | 18.08M |
| PS Ratio | 1.09 | 1.32 | 0.07 | 0.05 | 0.06 | 0.36 |
| PB Ratio | 0.84 | 1.01 | -0.99 | 1.05 | 0.62 | 1.89 |
| P/TBV Ratio | 1.93 | 2.33 | ||||
| P/FCF Ratio | 1.47 | 6.27 | 3.55 | 5.75 | ||
| P/OCF Ratio | 1.47 | 6.11 | 3.43 | 5.18 | ||
| EV/Sales Ratio | 1.40 | 1.07 | 0.44 | 0.21 | 0.19 | 0.39 |
| EV/EBITDA Ratio | 104.02 | 3.84 | 11.69 | |||
| EV/EBIT Ratio | 7.52 | |||||
| EV/FCF Ratio | 8.66 | 27.96 | 10.74 | 6.14 | ||
| Debt / Equity Ratio | 0.25 | 0.25 | -3.67 | 3.02 | 1.14 | 1.52 |
| Debt / EBITDA Ratio | 67.02 | 2.34 | 8.80 | |||
| Debt / FCF Ratio | 5.44 | 18.02 | 6.55 | 4.63 | ||
| Net Debt / Equity Ratio | 0.23 | 0.23 | -3.36 | 2.48 | 0.69 | 0.92 |
| Net Debt / EBITDA Ratio | -0.65 | -0.65 | -3.95 | 55.11 | 1.41 | 5.30 |
| Net Debt / FCF Ratio | -0.49 | -0.49 | 4.98 | 14.82 | 3.94 | 2.79 |
| Asset Turnover | 0.49 | 0.49 | 1.24 | 2.31 | 2.27 | 1.50 |
| Quick Ratio | 0.07 | 0.07 | 0.18 | 0.59 | 0.88 | 0.84 |
| Current Ratio | 0.28 | 0.28 | 0.23 | 0.60 | 0.90 | 0.86 |
| Return on Equity (ROE) | -667.42% | -667.42% | -845.49% | -60.11% | -0.27% | -18.98% |
| Return on Assets (ROA) | -18.62% | -18.62% | -8.26% | -3.82% | 3.63% | -1.08% |
| Return on Invested Capital (ROIC) | -37.63% | -83.49% | -52.04% | -15.46% | -1.23% | -4.78% |
| Return on Capital Employed (ROCE) | -43.50% | -43.50% | 245.00% | -44.40% | 17.30% | -3.40% |
| Earnings Yield | -132.41% | -79.80% | -209.67% | -79.78% | -0.40% | -10.88% |
| FCF Yield | -56.60% | -46.13% | 67.83% | 15.94% | 28.17% | 17.38% |
| Buyback Yield / Dilution | -21.39% | -21.39% | -5.93% | -5.54% | -17.34% | -23.89% |