Reported Earnings • May 29
First quarter 2026 earnings released: EPS: ₪0.54 (vs ₪0.50 in 1Q 2025) First quarter 2026 results: EPS: ₪0.54 (up from ₪0.50 in 1Q 2025). Revenue: ₪383.6m (up 55% from 1Q 2025). Net income: ₪19.6m (up 8.8% from 1Q 2025). Profit margin: 5.1% (down from 7.3% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 19
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₪109, the stock trades at a trailing P/E ratio of 60x. Average trailing P/E is 29x in the Construction industry in Israel. Total returns to shareholders of 296% over the past three years. Reported Earnings • Apr 04
Full year 2025 earnings released: EPS: ₪1.83 (vs ₪1.68 in FY 2024) Full year 2025 results: EPS: ₪1.83 (up from ₪1.68 in FY 2024). Revenue: ₪1.47b (up 62% from FY 2024). Net income: ₪66.1m (up 10% from FY 2024). Profit margin: 4.5% (down from 6.6% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₪105, the stock trades at a trailing P/E ratio of 59.1x. Average trailing P/E is 33x in the Construction industry in Israel. Total returns to shareholders of 383% over the past three years. Valuation Update With 7 Day Price Move • Feb 16
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₪130, the stock trades at a trailing P/E ratio of 73.2x. Average trailing P/E is 29x in the Construction industry in Israel. Total returns to shareholders of 402% over the past three years. Reported Earnings • Nov 27
Third quarter 2025 earnings released: EPS: ₪0.55 (vs ₪0.47 in 3Q 2024) Third quarter 2025 results: EPS: ₪0.55 (up from ₪0.47 in 3Q 2024). Revenue: ₪429.2m (up 88% from 3Q 2024). Net income: ₪19.7m (up 19% from 3Q 2024). Profit margin: 4.6% (down from 7.3% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₪69.75, the stock trades at a trailing P/E ratio of 41.3x. Average trailing P/E is 34x in the Construction industry in Israel. Total returns to shareholders of 180% over the past three years. New Risk • Oct 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Israeli stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (31% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Profit margins are more than 30% lower than last year (5.5% net profit margin). Announcement • Sep 16
Rimon Consulting & Management Services Ltd., Annual General Meeting, Oct 20, 2025 Rimon Consulting & Management Services Ltd., Annual General Meeting, Oct 20, 2025. Location: company offices, Israel Reported Earnings • Aug 26
Second quarter 2025 earnings released: EPS: ₪0.55 (vs ₪0.53 in 2Q 2024) Second quarter 2025 results: EPS: ₪0.55 (up from ₪0.53 in 2Q 2024). Revenue: ₪414.6m (up 65% from 2Q 2024). Net income: ₪20.0m (up 5.4% from 2Q 2024). Profit margin: 4.8% (down from 7.5% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₪49.50, the stock trades at a trailing P/E ratio of 29.7x. Average trailing P/E is 19x in the Construction industry in Israel. Total returns to shareholders of 78% over the past three years. Reported Earnings • May 29
First quarter 2025 earnings released: EPS: ₪0.50 (vs ₪0.50 in 1Q 2024) First quarter 2025 results: EPS: ₪0.50. Revenue: ₪243.9m (up 20% from 1Q 2024). Net income: ₪18.0m (flat on 1Q 2024). Profit margin: 7.4% (down from 8.8% in 1Q 2024). New Risk • Apr 29
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. New Risk • Apr 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Israeli stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.3% average weekly change). Reported Earnings • Mar 26
Full year 2024 earnings released: EPS: ₪1.68 (vs ₪1.79 in FY 2023) Full year 2024 results: EPS: ₪1.68 (down from ₪1.79 in FY 2023). Revenue: ₪910.8m (up 22% from FY 2023). Net income: ₪60.0m (down 6.0% from FY 2023). Profit margin: 6.6% (down from 8.5% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₪38.45, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 19x in the Construction industry in Israel. Total loss to shareholders of 11% over the past three years. Reported Earnings • Nov 29
Third quarter 2024 earnings released: EPS: ₪0.47 (vs ₪0.80 in 3Q 2023) Third quarter 2024 results: EPS: ₪0.47 (down from ₪0.80 in 3Q 2023). Revenue: ₪228.4m (down 2.7% from 3Q 2023). Net income: ₪16.6m (down 42% from 3Q 2023). Profit margin: 7.3% (down from 12% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Nov 19
Rimon Consulting & Management Services Ltd. to Report Q3, 2024 Results on Nov 28, 2024 Rimon Consulting & Management Services Ltd. announced that they will report Q3, 2024 results on Nov 28, 2024 Board Change • Nov 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent External Director Ila Hefetz was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₪34.95, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 18x in the Construction industry in Israel. Total returns to shareholders of 13% over the past three years. Announcement • Sep 05
Rimon Consulting & Management Services Ltd., Annual General Meeting, Oct 09, 2024 Rimon Consulting & Management Services Ltd., Annual General Meeting, Oct 09, 2024. Location: co. offices, Israel Reported Earnings • Aug 27
Second quarter 2024 earnings released: EPS: ₪0.53 (vs ₪0.39 in 2Q 2023) Second quarter 2024 results: EPS: ₪0.53 (up from ₪0.39 in 2Q 2023). Revenue: ₪252.0m (up 40% from 2Q 2023). Net income: ₪19.0m (up 36% from 2Q 2023). Profit margin: 7.5% (down from 7.7% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Aug 20
Rimon Consulting & Management Services Ltd. to Report Q2, 2024 Results on Aug 25, 2024 Rimon Consulting & Management Services Ltd. announced that they will report Q2, 2024 results on Aug 25, 2024 New Risk • Jul 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Israeli stocks, typically moving 5.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.4% average weekly change). Reported Earnings • May 29
First quarter 2024 earnings released: EPS: ₪0.50 (vs ₪0.29 in 1Q 2023) First quarter 2024 results: EPS: ₪0.50 (up from ₪0.29 in 1Q 2023). Revenue: ₪202.8m (up 24% from 1Q 2023). Net income: ₪17.9m (up 73% from 1Q 2023). Profit margin: 8.8% (up from 6.3% in 1Q 2023). The increase in margin was driven by higher revenue. New Risk • Apr 18
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (455% cash payout ratio). Share price has been volatile over the past 3 months (5.6% average weekly change). Large one-off items impacting financial results. New Risk • Apr 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Israeli stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (455% cash payout ratio). Share price has been volatile over the past 3 months (5.6% average weekly change). New Risk • Apr 03
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 455% Dividend yield: 2.4% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₪30.14, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 17x in the Construction industry in Israel. Total returns to shareholders of 18% over the past year. Reported Earnings • Mar 26
Full year 2023 earnings released: EPS: ₪1.79 (vs ₪1.45 in FY 2022) Full year 2023 results: EPS: ₪1.79 (up from ₪1.45 in FY 2022). Revenue: ₪748.9m (up 63% from FY 2022). Net income: ₪63.9m (up 23% from FY 2022). Profit margin: 8.5% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Announcement • Mar 21
Rimon Consulting & Management Services Ltd. to Report Q4, 2023 Results on Mar 24, 2024 Rimon Consulting & Management Services Ltd. announced that they will report Q4, 2023 results on Mar 24, 2024 Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₪32.58, the stock trades at a trailing P/E ratio of 18.1x. Average trailing P/E is 11x in the Construction industry in Israel. Total returns to shareholders of 23% over the past year. Announcement • Dec 05
Rimon Consulting & Management Services Ltd. to Report Q3, 2023 Results on Dec 05, 2023 Rimon Consulting & Management Services Ltd. announced that they will report Q3, 2023 results on Dec 05, 2023 Reported Earnings • Dec 02
Third quarter 2023 earnings released: EPS: ₪0.80 (vs ₪0.63 in 3Q 2022) Third quarter 2023 results: EPS: ₪0.80 (up from ₪0.63 in 3Q 2022). Revenue: ₪234.8m (up 53% from 3Q 2022). Net income: ₪28.6m (up 27% from 3Q 2022). Profit margin: 12% (down from 15% in 3Q 2022). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Nov 19
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₪29.07, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 9x in the Construction industry in Israel. Total returns to shareholders of 15% over the past year. Valuation Update With 7 Day Price Move • Oct 26
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₪23.07, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 9x in the Construction industry in Israel. Total loss to shareholders of 7.2% over the past year. New Risk • Jul 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Israeli stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.2% average weekly change). Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₪35.60, the stock trades at a trailing P/E ratio of 21.1x. Average trailing P/E is 14x in the Construction industry in Israel. Total returns to shareholders of 10% over the past year. Reported Earnings • Jun 03
First quarter 2023 earnings released: EPS: ₪0.29 (vs ₪0.25 in 1Q 2022) First quarter 2023 results: EPS: ₪0.29 (up from ₪0.25 in 1Q 2022). Revenue: ₪164.0m (up 93% from 1Q 2022). Net income: ₪10.4m (up 15% from 1Q 2022). Profit margin: 6.3% (down from 11% in 1Q 2022). The decrease in margin was driven by higher expenses.