Cash flow Gix Internet Ltd

Stocks

GIX

IL0007440113

Software

Market Closed - TEL AVIV STOCK EXCHANGE Other stock markets 08:47:42 12/06/26 pm AEST			5-day change	1st Jan Change
2,315.00 ^ILa	+3.44%		-5.51%	+33.43%

21/04	Gix Internet Ltd Reports Earnings Results for the Full Year Ended December 31, 2025	CI
20/04	Gix Internet Ltd Auditor Raises 'Going Concern' Doubt	CI

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Published financial data: GIX INTERNET LTD

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	145M	321M	294M	99.66M	27.24M
Total Revenues	145M	321M	294M	99.66M	27.24M
Cost of Goods Sold, Total	120M	276M	260M	81.33M	22.29M
Gross Profit	25M	45.19M	33.81M	18.33M	4.95M
Selling General & Admin Expenses, Total	15.33M	21.52M	27.55M	17.45M	11.21M
Stock-Based Compensation (IS)	-	-	-	208K	2.14M
R&D Expenses	11.33M	15.44M	14.04M	10.36M	5.69M
Other Operating Expenses	-	-	-	896K	2.4M
Other Operating Expenses, Total	26.67M	36.97M	41.59M	28.91M	21.45M
Operating Income	-1.66M	8.22M	-7.78M	-10.59M	-16.5M
Interest Expense, Total	-1.78M	-2.95M	-4.16M	-3.36M	-5.82M
Interest And Investment Income	-	-	-	-	-
Net Interest Expenses	-1.78M	-2.95M	-4.16M	-3.36M	-5.82M
Income (Loss) On Equity Invest.	-	-	-	-	1.32M
Currency Exchange Gains (Loss)	375K	-1.74M	-1.65M	-90K	1.53M
Other Non Operating Income (Expenses)	-60K	-24K	-114K	-7.15M	-1.07M
EBT, Excl. Unusual Items	-3.13M	3.51M	-13.7M	-21.19M	-20.54M
Merger & Related Restructuring Charges	-799K	-670K	-	-	-
Impairment of Goodwill	-	-1.83M	-	-2.41M	-17.18M
Gain (Loss) On Sale Of Investments	-667K	-1K	-	-104K	-88.16M
Gain (Loss) On Sale Of Assets	-	-	-	-266K	31.47M
Asset Writedown	-	-	-	-	-
Other Unusual Items	-	-	-	833K	-
EBT, Incl. Unusual Items	-4.59M	1M	-13.7M	-23.14M	-94.42M
Income Tax Expense	282K	1.08M	99K	-52K	-480K
Earnings From Continuing Operations	-4.88M	-82K	-13.8M	-23.09M	-93.94M
Net Income to Company	-4.88M	-82K	-13.8M	-23.09M	-93.94M
Minority Interest	-852K	-5.46M	2.96M	-	65.21M
Net Income - (IS)	-5.73M	-5.54M	-10.84M	-23.09M	-28.73M
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	-5.73M	-5.54M	-10.84M	-23.09M	-28.73M
Net Income to Common Excl. Extra Items	-5.73M	-5.54M	-10.84M	-23.09M	-28.73M
Per Share Items
Net EPS - Basic	-5.25	-4.33	-8.03	-16.14	-16.55
Basic EPS - Continuing Operations	-5.25	-4.33	-8.03	-16.14	-16.55
Basic Weighted Average Shares Outstanding	1.09M	1.28M	1.35M	1.43M	1.74M
Net EPS - Diluted	-5.25	-4.33	-8.1	-16.14	-16.55
Diluted EPS - Continuing Operations	-5.25	-4.33	-8.1	-16.14	-16.55
Diluted Weighted Average Shares Outstanding	1.09M	1.28M	1.35M	1.43M	1.74M
Normalized Basic EPS	-2.57	-2.56	-4.15	-9.26	30.17
Normalized Diluted EPS	-2.57	-2.56	-4.15	-9.26	30.17
Supplemental Items
EBITDA	4.57M	15.34M	-322K	-6.34M	-12.63M
EBITA	4.31M	15.05M	-596K	-6.83M	-12.83M
EBIT	-1.66M	8.22M	-7.78M	-10.59M	-16.5M
Effective Tax Rate - (Ratio)	-6.14	108.19	-0.72	0.22	0.51
Total Current Taxes	720K	2.36M	276K	666K	67K
Total Deferred Taxes	-438K	-1.28M	-177K	-718K	-547K
Normalized Net Income	-2.81M	-3.27M	-5.6M	-13.24M	52.37M
Interest on Long-Term Debt	943K	257K	372K	275K	134K
Supplemental Operating Expense Items
Marketing Expenses	1.17M	917K	1.52M	557K	373K
Selling and Marketing Expenses	7.82M	10.11M	14.57M	6.9M	3.02M
General and Administrative Expenses	7.51M	11.42M	12.98M	10.56M	8.2M
Research And Development Expense From Footnotes	11.33M	15.44M	14.04M	10.36M	5.69M
Stock-Based Comp., R&D Exp. (Total)	-130K	183K	177K	30K	4K
Stock-Based Comp., S&M Exp. (Total)	-19K	61K	55K	-33K	7K
Stock-Based Comp., G&A Exp. (Total)	381K	1.14M	414K	90K	812K
Stock-Based Comp., Other (Total)	-	-	-	208K	2.14M
Total Stock-Based Compensation	232K	1.39M	646K	295K	2.96M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	16.83M	15.05M	6.93M	2.3M	656K
Total Cash And Short Term Investments	16.83M	15.05M	6.93M	2.3M	656K
Accounts Receivable, Total	45.13M	73.72M	41.2M	6.68M	50K
Other Receivables	8.01M	2.48M	2.22M	2.15M	406K
Total Receivables	53.14M	76.21M	43.42M	8.84M	456K
Prepaid Expenses	1.28M	1.28M	722K	273K	72K
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	728K	650K	540K	2.54M	3.28M
Total Current Assets	71.98M	93.19M	51.61M	13.95M	4.46M
Gross Property Plant And Equipment	5.15M	5.6M	5.83M	1.95M	760K
Accumulated Depreciation	-2.22M	-2.93M	-3.62M	-1.84M	-410K
Net Property Plant And Equipment	2.93M	2.67M	2.2M	104K	350K
Long-term Investments	429K	192K	622K	222K	28.84M
Goodwill	29.88M	32.38M	33.01M	30.78M	10.2M
Other Intangibles, Total	26.23M	21.98M	15.44M	11.26M	10M
Deferred Tax Assets Long-Term	219K	1.01M	381K	616K	-
Other Long-Term Assets, Total	-	-	-	-	-
Total Assets	132M	151M	103M	56.94M	53.86M
Liabilities
Accounts Payable, Total	32.74M	50.48M	34.1M	14.97M	319K
Accrued Expenses, Total	24.93M	24.99M	14.99M	11.51M	3M
Short-term Borrowings	19.7M	20.54M	35.9M	14.39M	8.88M
Current Portion of Long-Term Debt	5.42M	5.28M	-	11.17M	-
Current Portion of Leases	312K	312K	330K	-	-
Other Current Liabilities	350K	2.3M	446K	9.2M	3.74M
Total Current Liabilities	83.45M	104M	85.77M	61.26M	15.94M
Long-Term Debt	15.41M	10.14M	1.57M	1.81M	-
Long-Term Leases	1.5M	1.46M	1.2M	-	-
Pension & Other Post Retirement Benefits	465K	372K	-	-	-
Deferred Tax Liability Non Current	2.97M	2.56M	1.8M	1.34M	2.3M
Other Non Current Liabilities	-	-	-	-	-
Total Liabilities	104M	118M	90.34M	64.4M	18.24M
Additional Paid In Capital	93.65M	99.88M	101M	101M	120M
Retained Earnings	-123M	-129M	-139M	-155M	-184M
Comprehensive Income and Other	42.17M	44.89M	39.66M	34.62M	99.73M
Total Common Equity	12.84M	16.24M	1.74M	-18.84M	35.62M
Minority Interest	15.02M	16.74M	11.18M	11.37M	-
Total Equity	27.87M	32.99M	12.93M	-7.47M	35.62M
Total Liabilities And Equity	132M	151M	103M	56.94M	53.86M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.21M	1.34M	1.34M	1.43M	2.08M
ECS Total Common Shares Outstanding	1.21M	1.34M	1.34M	1.43M	2.08M
Book Value / Share	10.63	12.09	1.3	-13.17	17.16
Tangible Book Value	-43.26M	-38.12M	-46.71M	-60.88M	15.42M
Tangible Book Value Per Share	-35.8	-28.37	-34.77	-42.57	7.43
Total Debt	42.34M	37.73M	39M	27.38M	8.88M
Net Debt	25.51M	22.68M	32.08M	25.07M	8.22M
Minority Interest, Total (Incl. Fin. Div)	15.02M	16.74M	11.18M	11.37M	-
Equity Method Investments, Total	-	-	-	-	28.56M
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	2.19M	2.46M	2.6M	1.94M	754K
Full Time Employees	46	51	46	21	11

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-5.73M	-5.54M	-10.84M	-23.09M	-28.73M
Depreciation & Amortization - CF	498K	626K	610K	653K	200K
Amortization of Goodwill and Intangible Assets - (CF)	5.98M	6.84M	7.18M	3.76M	3.66M
Depreciation & Amortization, Total	6.47M	7.46M	7.79M	4.41M	3.86M
Amortization of Deferred Charges, Total - (CF)	825K	614K	864K	784K	261K
(Gain) Loss From Sale Of Asset	-	-	-	212K	-31.47M
(Gain) Loss on Sale of Investments - (CF)	641K	1K	-	-	-
Asset Writedown & Restructuring Costs	-	1.83M	-	2.41M	17.18M
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-1.32M
Stock-Based Compensation (CF)	232K	1.14M	646K	295K	2.96M
Provision and Write-off of Bad Debts	-	-	-	-	-
Other Operating Activities, Total	-1.13M	3.95M	-5.5M	6.81M	26.15M
Change In Accounts Receivable	3.74M	-4.18M	35.38M	35.24M	1.73M
Change In Accounts Payable	6.27M	-3.1M	-26.93M	-	-4.31M
Change In Deferred Taxes	-	-	-	-	-
Change in Other Net Operating Assets	-1.15M	3.78M	798K	-22.04M	-2.59M
Cash from Operations	10.17M	5.95M	2.22M	5.04M	-16.26M
Capital Expenditure	-1.02M	-195K	-59K	-4K	-346K
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	-33.04M	-	-	-	105K
Divestitures	-	-	-	-	-7.24M
Sale (Purchase) of Intangible assets	-854K	-45K	-	-	-
Investment in Marketable and Equity Securities, Total	565K	-	-	-	-
Other Investing Activities, Total	386K	133K	143K	470K	-397K
Cash from Investing	-33.96M	-107K	84K	466K	-7.88M
Short Term Debt Issued, Total	37.73M	-	-	2.5M	2.35M
Long-Term Debt Issued, Total	-	-	6.93M	-	10.82M
Total Debt Issued	37.73M	-	6.93M	2.5M	13.17M
Short Term Debt Repaid, Total	-2M	-1.87M	-588K	-11.2M	-3.16M
Long-Term Debt Repaid, Total	-4.99M	-7.07M	-6.98M	-2.04M	-12.81M
Total Debt Repaid	-6.99M	-8.93M	-7.57M	-13.24M	-15.96M
Issuance of Common Stock	-	5.58M	800K	944K	22.35M
Other Financing Activities, Total	-605K	-7.96M	-11.59M	-	-
Cash from Financing	30.14M	-11.31M	-11.43M	-9.79M	19.55M
Foreign Exchange Rate Adjustments	-2.26M	3.68M	1.01M	-338K	2.94M
Net Change in Cash	4.09M	-1.79M	-8.12M	-4.62M	-1.65M
Supplemental Items
Cash Interest Paid	625K	1.97M	3.4M	2.5M	1.26M
Cash Income Tax Paid (Refund)	1.23M	2.16M	2.45M	454K	25K
Levered Free Cash Flow	6.73M	9.27M	7.01M	15.95M	-28M
Unlevered Free Cash Flow	7.02M	10.92M	9.31M	17.84M	-24.49M
Change In Net Working Capital	-3.22M	3.24M	-5.23M	-19.18M	20.79M
Net Debt Issued / Repaid	30.74M	-8.93M	-644K	-10.74M	-2.8M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-1.08	3.63	-3.82	-8.26	-18.61
Return on Total Capital	-2.1	7.29	-7.93	-18.42	-32.02
Return On Equity %	-18.99	-0.27	-60.11	-845.49	-667.42
Return on Common Equity	-50.97	-38.11	-120.47	270.07	-342.48
Margin Analysis
Gross Profit Margin %	17.27	14.06	11.51	18.39	18.17
SG&A Margin	10.59	6.7	9.38	17.51	41.16
EBITDA Margin %	3.15	4.77	-0.11	-6.37	-46.37
EBITA Margin %	2.98	4.68	-0.2	-6.85	-47.11
EBIT Margin %	-1.15	2.56	-2.65	-10.62	-60.56
Income From Continuing Operations Margin %	-3.37	-0.03	-4.7	-23.17	-344.8
Net Income Margin %	-3.96	-1.72	-3.69	-23.17	-105.45
Net Avail. For Common Margin %	-3.96	-1.72	-3.69	-23.17	-105.45
Normalized Net Income Margin	-1.94	-1.02	-1.91	-13.29	192.23
Levered Free Cash Flow Margin	4.65	2.88	2.39	16.01	-102.77
Unlevered Free Cash Flow Margin	4.85	3.4	3.17	17.9	-89.91
Asset Turnover
Asset Turnover	1.5	2.27	2.31	1.24	0.49
Fixed Assets Turnover	88.54	114.81	120.46	86.32	120.02
Receivables Turnover (Average Receivables)	5.27	5.41	5.11	4.16	8.1
Short Term Liquidity
Current Ratio	0.86	0.9	0.6	0.23	0.28
Quick Ratio	0.84	0.88	0.59	0.18	0.07
Operating Cash Flow to Current Liabilities	0.12	0.06	0.03	0.08	-1.02
Days Sales Outstanding (Average Receivables)	69.29	67.5	71.4	87.92	45.09
Average Days Payable Outstanding	74.77	55	59.38	110.43	125.19
Long Term Solvency
Total Debt/Equity	151.94	114.38	301.69	-366.59	24.93
Total Debt / Total Capital	60.31	53.35	75.1	137.51	19.96
LT Debt/Equity	60.69	35.16	21.49	-24.22	-
Long-Term Debt / Total Capital	24.09	16.4	5.35	9.09	-
Total Liabilities / Total Assets	78.84	78.21	87.48	113.12	33.87
EBIT / Interest Expense	-0.93	2.78	-1.87	-3.15	-2.83
EBITDA / Interest Expense	2.7	5.31	0	-1.84	-2.17
(EBITDA - Capex) / Interest Expense	2.13	5.24	-0.01	-1.84	-2.23
Total Debt / EBITDA	8.8	2.41	2.79K	-4.43	-0.7
Net Debt / EBITDA	5.3	1.45	2.29K	-4.06	-0.65
Total Debt / (EBITDA - Capex)	11.16	2.44	-866.78	-4.43	-0.68
Net Debt / (EBITDA - Capex)	6.72	1.46	-712.8	-4.06	-0.63
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	10.42	121.99	-8.59	-66.07	-72.66
Gross Profit, 1 Yr. Growth %	-21.8	80.72	-25.18	-45.79	-72.98
EBITDA, 1 Yr. Growth %	-52.41	235.9	-102.1	1.87K	99.12
EBITA, 1 Yr. Growth %	-51.62	249.01	-103.96	1.05K	87.96
EBIT, 1 Yr. Growth %	-150.15	-594.17	-194.67	36.07	55.86
Earnings From Cont. Operations, 1 Yr. Growth %	-1.81K	-98.32	16.73K	67.28	306.91
Net Income, 1 Yr. Growth %	155.67	-3.21	95.49	67.28	84.59
Normalized Net Income, 1 Yr. Growth %	29.85	16.51	71.23	54.63	-954.57
Diluted EPS Before Extra, 1 Yr. Growth %	106.36	-17.51	86.93	57.92	52.06
Accounts Receivable, 1 Yr. Growth %	359.07	63.36	-44.12	-83.78	-99.25
Net Property, Plant and Equip., 1 Yr. Growth %	750.58	-8.68	-17.48	-95.28	236.54
Total Assets, 1 Yr. Growth %	116.45	15	-31.8	-44.87	-5.41
Tangible Book Value, 1 Yr. Growth %	274.56	-11.9	22.54	30.35	-125.33
Common Equity, 1 Yr. Growth %	33.42	26.47	-89.26	-1.18K	-289.05
Cash From Operations, 1 Yr. Growth %	69.02	-41.45	-62.64	126.57	-422.72
Capital Expenditures, 1 Yr. Growth %	438.62	-80.84	-69.74	-93.22	8.55K
Levered Free Cash Flow, 1 Yr. Growth %	88.79	37.74	-24.37	127.52	-280.13
Unlevered Free Cash Flow, 1 Yr. Growth %	82.35	55.54	-14.67	91.48	-237.34
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-2.3	56.56	42.45	-44.31	-69.55
Gross Profit, 2 Yr. CAGR %	-18.9	18.88	16.28	-36.32	-61.73
EBITDA, 2 Yr. CAGR %	-17.46	26.43	-74.13	-37.21	365.92
EBITA, 2 Yr. CAGR %	296.75	113.06	-40.13	-8.85	28.44
EBIT, 2 Yr. CAGR %	146.36	57.43	116.29	13.5	45.63
Earnings From Cont. Operations, 2 Yr. CAGR %	-66.26	-46.36	68.26	1.58K	160.9
Net Income, 2 Yr. CAGR %	-58.64	57.31	37.55	1.58K	62.83
Normalized Net Income, 2 Yr. CAGR %	-51.87	23	41.24	145.83	205.85
Diluted EPS Before Extra, 2 Yr. CAGR %	-64.53	30.47	24.18	1.49K	43.56
Accounts Receivable, 2 Yr. CAGR %	97.74	173.85	-4.46	-69.9	-96.52
Net Property, Plant and Equip., 2 Yr. CAGR %	87.08	178.7	-13.19	-80.27	-60.16
Total Assets, 2 Yr. CAGR %	37.34	57.78	-11.44	-38.68	-27.78
Tangible Book Value, 2 Yr. CAGR %	64.08	81.65	3.9	26.38	-42.54
Common Equity, 2 Yr. CAGR %	4.88	29.9	-63.14	7.7	351.79
Cash From Operations, 2 Yr. CAGR %	7.17	-0.52	-53.23	-8	170.41
Capital Expenditures, 2 Yr. CAGR %	238.2	1.57	-75.93	-85.68	142.17
Levered Free Cash Flow, 2 Yr. CAGR %	-30.16	61.26	2.07	31.18	99.83
Unlevered Free Cash Flow, 2 Yr. CAGR %	-24.85	68.41	15.21	27.83	62.17
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-2.6	28.44	30.86	-11.7	-56.07
Gross Profit, 3 Yr. CAGR %	-15.89	5.93	1.87	-9.84	-52.15
EBITDA, 3 Yr. CAGR %	-26.32	31.78	-67.74	9.66	-7.75
EBITA, 3 Yr. CAGR %	-5.71	280.15	-43.57	60.13	16.02
EBIT, 3 Yr. CAGR %	-31.37	210.7	32.88	85.33	26.15
Earnings From Cont. Operations, 3 Yr. CAGR %	-14	-87.58	264.49	67.93	946.35
Net Income, 3 Yr. CAGR %	-9.25	-45.09	69.12	59.15	604.97
Normalized Net Income, 3 Yr. CAGR %	-7.03	-35.37	37.34	67.73	188.05
Diluted EPS Before Extra, 3 Yr. CAGR %	-20.24	-53.01	47.08	45.39	536.76
Accounts Receivable, 3 Yr. CAGR %	36.21	85.54	61.22	-47.1	-91.22
Net Property, Plant and Equip., 3 Yr. CAGR %	72.91	47.3	85.76	-67.12	-49.21
Total Assets, 3 Yr. CAGR %	12.41	29.45	19.3	-24.38	-29.15
Tangible Book Value, 3 Yr. CAGR %	4.3	33.36	59.32	12.06	-26.04
Common Equity, 3 Yr. CAGR %	2.72	11.63	-43.41	13.62	29.91
Cash From Operations, 3 Yr. CAGR %	20	-12.39	-28.23	-20.86	39.79
Capital Expenditures, 3 Yr. CAGR %	56.03	29.88	-32.16	-84.22	21.06
Levered Free Cash Flow, 3 Yr. CAGR %	0.66	-12.41	25.29	33.33	44.55
Unlevered Free Cash Flow, 3 Yr. CAGR %	-0.78	-4.23	34.26	36.47	30.92
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	186.19	40.51	13.4	-8.06	-26.96
Gross Profit, 5 Yr. CAGR %	148.66	26.97	-4.26	-13.58	-31.14
EBITDA, 5 Yr. CAGR %	-21.72	8.21	-51.01	-1.09	5.66
EBITA, 5 Yr. CAGR %	-23.03	2.06	-35.02	90.24	31.08
EBIT, 5 Yr. CAGR %	-36.39	-9.57	8.62	107.68	37.84
Earnings From Cont. Operations, 5 Yr. CAGR %	-20.65	-68.26	12.48	-11.62	218.86
Net Income, 5 Yr. CAGR %	-18.06	-26.29	7.17	-7.17	66.58
Normalized Net Income, 5 Yr. CAGR %	-22.52	-22.68	9.9	1.8	89.18
Diluted EPS Before Extra, 5 Yr. CAGR %	-28.97	-35.12	-4.79	-17.31	45.41
Accounts Receivable, 5 Yr. CAGR %	276.07	104.19	18.2	-10.36	-65.23
Net Property, Plant and Equip., 5 Yr. CAGR %	85.01	44.04	31.26	-34.09	0.35
Total Assets, 5 Yr. CAGR %	81.55	16.69	2.18	-3.99	-2.4
Tangible Book Value, 5 Yr. CAGR %	75.55	2.17	4.14	30.52	5.95
Common Equity, 5 Yr. CAGR %	34.43	15.62	-31.83	10.04	29.91
Cash From Operations, 5 Yr. CAGR %	-2.72	-18.19	-17.69	-10.66	22
Capital Expenditures, 5 Yr. CAGR %	63.17	149.92	-26.12	-46.23	12.86
Levered Free Cash Flow, 5 Yr. CAGR %	3.79	49.02	1.22	2.95	51.01
Unlevered Free Cash Flow, 5 Yr. CAGR %	4.87	62.92	5.33	7.5	44.8