New Risk • Jun 01
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₪263.7m (US$93.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 58% per year over the past 5 years. Minor Risks High level of debt (161% net debt to equity). Share price has been volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$100m (₪263.7m market cap, or US$93.5m). Announcement • Jun 01
Maytronics Ltd., Annual General Meeting, Jul 07, 2026 Maytronics Ltd., Annual General Meeting, Jul 07, 2026. Location: co. offices, Israel Reported Earnings • Jun 01
First quarter 2026 earnings released: ₪0.25 loss per share (vs ₪0.11 profit in 1Q 2025) First quarter 2026 results: ₪0.25 loss per share (down from ₪0.11 profit in 1Q 2025). Revenue: ₪309.3m (down 11% from 1Q 2025). Net loss: ₪27.3m (down 320% from profit in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 22
Full year 2025 earnings released: ₪2.07 loss per share (vs ₪0.31 loss in FY 2024) Full year 2025 results: ₪2.07 loss per share (further deteriorated from ₪0.31 loss in FY 2024). Revenue: ₪1.41b (down 14% from FY 2024). Net loss: ₪227.8m (loss widened ₪193.7m from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. New Risk • Apr 09
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 6.8% 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 Earnings have declined by 39% per year over the past 5 years. Minor Risks High level of debt (79% net debt to equity). 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 (6.8% average weekly change). Market cap is less than US$100m (₪287.0m market cap, or US$93.9m). New Risk • Apr 03
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₪290.8m (US$92.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 39% per year over the past 5 years. Minor Risks High level of debt (79% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₪290.8m market cap, or US$92.8m). Announcement • Mar 23
Maytronics Ltd. to Report Q4, 2025 Results on Apr 15, 2026 Maytronics Ltd. announced that they will report Q4, 2025 results at 5:14 PM, Israel Standard Time on Apr 15, 2026 Announcement • Jan 05
Maytronics Launches Its Newest Line of Pool Robots At CES Unveiled Maytronics launched its newest line of pool robots at CES Unveiled. The Dolphin EON line represents a breakthrough in pool cleaning technology: the first robot that reaches and cleans everyinch of a pool. Most notably, EON can tackle shallow areas with as little as 8" of water, making it the only robot suitable for pools with tanning ledges or Baja shelves. Intrepid in its quest for dirt, the Dolphin EON cleans every corner, ledge, wall and step, ensuring no spot is missed. With total-pool coverage and innovative filtration technology, EON's clever design means pool owners can enjoy visibly cleaner water -- 4x clearer than competing products1. True total-pool coverage: Dolphin EON's meticulous cleaning capabilities are made possible by its innovative design and new JetIQ technology. While most robots require full immersion to function, EON is unique in its ability to clean sun ledges, an increasingly popular pool feature that usually requires manual cleaning. EON features an impeller positioned low in the robot's body, ensuring the EON can function in these shallow water zones. Meanwhile, intelligent jets lift the robot over stairs and smartly switch direction to allow the EON to maneuver around curves and corners. The premiere offering in the Dolphin EON line also features ultra-fine filters and a patented DebrisLock™? backwash filtration system. This ingenious technology flows water back into the robot, cleaning the filter while the robot is in the pool. Dislodged debris is trapped in a sealed compartment to prevent it making its way back into the pool. Not only does this improve the water clarity, but it also dramatically cuts maintenance, allowing filters to be changed weekly rather than daily and saving up to 20 hours per season. Key features: Unique body design allows the robot to clean in water as shallow as 8" JetIQ intelligent jets lift and move the robot, allowing it to clean stairs; DebrisLock™? back wash filtration technology cleans the filter while the robot are in the pool and prevents debris from flowing back. This reduces the need for frequent filter cleaning, saving up to 20 hours per year on maintenance; Ultra-fine filter traps the smallest of particles for visibly clearer water; SmartMap Navigation: Tailors cleaning paths to the pool's shape for spotless, efficient results; Hybrid Power Flexibility: Choice to use cordless freedom or plug-in power - coming in late 2026; UltraRun: extended runtimes (up to 4.5h or 3.5h, depending on model), fewer interruptions. Can keep pool clean for up to 2.5 weeks on one charge when using Eco mode; App-Controlled Simplicity: Schedule, monitor, alerts and troubleshooting from phone; Built to Last: Modular design, 3-year warranty, exceptional after-sales service and support, and 40+ years of trusted innovation. This is the Dolphin Difference: The Dolphin EON can be paired with the Dolphin Skimmi, the perfect robot for cleaning the surface of the pool. Pricing and Availability: The Dolphin EON 120d includes all features at a MSRP of $1,199. The Dolphin EON 100 model includes all features except DebrisLock and has a MSRP of $899. Both models are available for purchase here here, shipping at the end of January, and for sale via dealers from February 2026. Reported Earnings • Dec 02
Third quarter 2025 earnings released: ₪0.37 loss per share (vs ₪0.18 loss in 3Q 2024) Third quarter 2025 results: ₪0.37 loss per share (further deteriorated from ₪0.18 loss in 3Q 2024). Revenue: ₪339.1m (up 5.7% from 3Q 2024). Net loss: ₪40.3m (loss widened 108% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance. Announcement • Nov 20
Maytronics Ltd. to Report Q3, 2025 Results on Nov 30, 2025 Maytronics Ltd. announced that they will report Q3, 2025 results at 5:14 PM, Israel Standard Time on Nov 30, 2025 Reported Earnings • Aug 21
Second quarter 2025 earnings released: EPS: ₪0.11 (vs ₪0.38 in 2Q 2024) Second quarter 2025 results: EPS: ₪0.11 (down from ₪0.38 in 2Q 2024). Revenue: ₪514.8m (down 15% from 2Q 2024). Net income: ₪11.6m (down 72% from 2Q 2024). Profit margin: 2.3% (down from 6.9% in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 32 percentage points per year, which is a significant difference in performance. Announcement • Aug 07
Maytronics Ltd. to Report Q2, 2025 Results on Aug 19, 2025 Maytronics Ltd. announced that they will report Q2, 2025 results on Aug 19, 2025 Reported Earnings • May 22
First quarter 2025 earnings released: EPS: ₪0.11 (vs ₪0.35 in 1Q 2024) First quarter 2025 results: EPS: ₪0.11 (down from ₪0.35 in 1Q 2024). Revenue: ₪346.6m (down 24% from 1Q 2024). Net income: ₪12.4m (down 68% from 1Q 2024). Profit margin: 3.6% (down from 8.5% in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 15 percentage points per year, which is a significant difference in performance. Announcement • May 11
Maytronics Ltd. to Report Q1, 2025 Results on May 20, 2025 Maytronics Ltd. announced that they will report Q1, 2025 results on May 20, 2025 Reported Earnings • Mar 27
Full year 2024 earnings released: ₪0.31 loss per share (vs ₪1.35 profit in FY 2023) Full year 2024 results: ₪0.31 loss per share (down from ₪1.35 profit in FY 2023). Revenue: ₪1.63b (down 14% from FY 2023). Net loss: ₪34.1m (down 123% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 56% per year whereas the company’s share price has fallen by 60% per year. Announcement • Mar 27
Maytronics Ltd., Annual General Meeting, May 06, 2025 Maytronics Ltd., Annual General Meeting, May 06, 2025. Location: company offices, Israel Announcement • Mar 17
Maytronics Ltd. to Report Q4, 2024 Results on Mar 25, 2025 Maytronics Ltd. announced that they will report Q4, 2024 results on Mar 25, 2025 Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₪6.17, the stock trades at a trailing P/E ratio of 18.1x. Average trailing P/E is 18x in the Consumer Durables industry in Israel. Total loss to shareholders of 91% over the past three years. Buy Or Sell Opportunity • Feb 04
Now 20% overvalued Over the last 90 days, the stock has fallen 16% to ₪8.07. The fair value is estimated to be ₪6.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has declined by 40%. Reported Earnings • Nov 29
Third quarter 2024 earnings released: ₪0.18 loss per share (vs ₪0.006 loss in 3Q 2023) Third quarter 2024 results: ₪0.18 loss per share (further deteriorated from ₪0.006 loss in 3Q 2023). Revenue: ₪320.7m (down 3.4% from 3Q 2023). Net loss: ₪19.4m (loss widened ₪18.7m from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has fallen by 51% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₪8.99, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 20x in the Consumer Durables industry in Israel. Total loss to shareholders of 87% over the past three years. Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₪10.33, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 19x in the Consumer Durables industry in Israel. Total loss to shareholders of 86% over the past three years. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₪9.75, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 17x in the Consumer Durables industry in Israel. Total loss to shareholders of 86% over the past three years. Announcement • Oct 28
Maytronics Ltd. to Report Q3, 2024 Results on Nov 28, 2024 Maytronics Ltd. announced that they will report Q3, 2024 results on Nov 28, 2024 Upcoming Dividend • Sep 09
Upcoming dividend of ₪0.18 per share Eligible shareholders must have bought the stock before 16 September 2024. Payment date: 15 October 2024. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of Israeli dividend payers (6.9%). Lower than average of industry peers (6.2%). Reported Earnings • Aug 22
Second quarter 2024 earnings released: EPS: ₪0.38 (vs ₪0.80 in 2Q 2023) Second quarter 2024 results: EPS: ₪0.38 (down from ₪0.80 in 2Q 2023). Revenue: ₪607.2m (down 17% from 2Q 2023). Net income: ₪42.1m (down 52% from 2Q 2023). Profit margin: 6.9% (down from 12% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has fallen by 47% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₪11.40, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 15x in the Consumer Durables industry in Israel. Total loss to shareholders of 83% over the past three years. Announcement • Jul 30
Maytronics Ltd. to Report Q2, 2024 Results on Aug 20, 2024 Maytronics Ltd. announced that they will report Q2, 2024 results on Aug 20, 2024 Valuation Update With 7 Day Price Move • Jul 28
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₪16.05, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 15x in the Consumer Durables industry in Israel. Total loss to shareholders of 76% over the past three years. Upcoming Dividend • May 28
Upcoming dividend of ₪0.23 per share Eligible shareholders must have bought the stock before 04 June 2024. Payment date: 27 June 2024. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of Israeli dividend payers (7.1%). Lower than average of industry peers (5.7%). Reported Earnings • May 26
First quarter 2024 earnings released: EPS: ₪0.35 (vs ₪0.78 in 1Q 2023) First quarter 2024 results: EPS: ₪0.35 (down from ₪0.78 in 1Q 2023). Revenue: ₪456.0m (down 13% from 1Q 2023). Net income: ₪38.6m (down 55% from 1Q 2023). Profit margin: 8.5% (down from 16% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • May 23
Investor sentiment deteriorates as stock falls 30% After last week's 30% share price decline to ₪21.50, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 13x in the Consumer Durables industry in Israel. Total loss to shareholders of 63% over the past three years. Announcement • May 11
Maytronics Ltd. to Report Q1, 2024 Results on May 21, 2024 Maytronics Ltd. announced that they will report Q1, 2024 results on May 21, 2024 Announcement • Mar 29
Maytronics Ltd., Annual General Meeting, May 08, 2024 Maytronics Ltd., Annual General Meeting, May 08, 2024, at 14:00 Israel Standard Time. Reported Earnings • Mar 28
Full year 2023 earnings released: EPS: ₪1.35 (vs ₪2.00 in FY 2022) Full year 2023 results: EPS: ₪1.35 (down from ₪2.00 in FY 2022). Revenue: ₪1.89b (up 5.7% from FY 2022). Net income: ₪148.2m (down 32% from FY 2022). Profit margin: 7.8% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings. Announcement • Mar 20
Maytronics Ltd. to Report Fiscal Year 2023 Results on Mar 26, 2024 Maytronics Ltd. announced that they will report fiscal year 2023 results at 5:14 PM, Israel Standard Time on Mar 26, 2024 Reported Earnings • Nov 30
Third quarter 2023 earnings released: ₪0.01 loss per share (vs ₪0.32 profit in 3Q 2022) Third quarter 2023 results: ₪0.01 loss per share (down from ₪0.32 profit in 3Q 2022). Revenue: ₪332.1m (down 19% from 3Q 2022). Net loss: ₪690.0k (down 102% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Nov 17
Maytronics Ltd. to Report Q3, 2023 Results on Nov 28, 2023 Maytronics Ltd. announced that they will report Q3, 2023 results on Nov 28, 2023 Upcoming Dividend • Sep 03
Upcoming dividend of ₪0.46 per share at 2.1% yield Eligible shareholders must have bought the stock before 10 September 2023. Payment date: 28 September 2023. Payout ratio is a comfortable 54% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Israeli dividend payers (7.4%). Lower than average of industry peers (4.1%). Reported Earnings • Aug 17
Second quarter 2023 earnings released: EPS: ₪0.80 (vs ₪0.97 in 2Q 2022) Second quarter 2023 results: EPS: ₪0.80 (down from ₪0.97 in 2Q 2022). Revenue: ₪729.3m (up 29% from 2Q 2022). Net income: ₪87.3m (down 18% from 2Q 2022). Profit margin: 12% (down from 19% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • May 22
Upcoming dividend of ₪0.40 per share at 2.3% yield Eligible shareholders must have bought the stock before 29 May 2023. Payment date: 25 June 2023. Payout ratio is a comfortable 57% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Israeli dividend payers (7.2%). Lower than average of industry peers (4.0%). Reported Earnings • May 18
First quarter 2023 earnings released: EPS: ₪0.78 (vs ₪1.02 in 1Q 2022) First quarter 2023 results: EPS: ₪0.78 (down from ₪1.02 in 1Q 2022). Revenue: ₪524.4m (down 7.9% from 1Q 2022). Net income: ₪85.5m (down 24% from 1Q 2022). Profit margin: 16% (down from 20% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 14% per year. Reported Earnings • Mar 25
Full year 2022 earnings released: EPS: ₪2.00 (vs ₪2.06 in FY 2021) Full year 2022 results: EPS: ₪2.00 (down from ₪2.06 in FY 2021). Revenue: ₪1.79b (up 27% from FY 2021). Net income: ₪218.3m (down 2.6% from FY 2021). Profit margin: 12% (down from 16% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 23% per year. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₪45.45, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 18x in the Consumer Durables industry in Israel. Total returns to shareholders of 68% over the past three years. Valuation Update With 7 Day Price Move • Jan 04
Investor sentiment improved over the past week After last week's 16% share price gain to ₪39.43, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 16x in the Consumer Durables industry in Israel. Total returns to shareholders of 45% over the past three years. Reported Earnings • Dec 01
Third quarter 2022 earnings released: EPS: ₪0.32 (vs ₪0.35 in 3Q 2021) Third quarter 2022 results: EPS: ₪0.32 (down from ₪0.35 in 3Q 2021). Revenue: ₪411.9m (up 32% from 3Q 2021). Net income: ₪35.1m (down 7.6% from 3Q 2021). Profit margin: 8.5% (down from 12% in 3Q 2021). The decrease in margin was driven by higher expenses. 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 9% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Shlomo Liran was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 14
Maytronics Ltd. Introduces At Piscine Global 2022 the Dolphin LIBERTY Line Maytronics Ltd. will introduce its new cordless Dolphin LIBERTY™ line of robotic pool cleaners, as well as other revolutionary technologies at the upcoming Piscine Global show at Eurexpo Lyon, November 15-18, 2022, in Hall 4, stand 4C36 and 4C42. The company will also introduce the Dolphin Wave 90i, a new IoT connected Dolphin Wave robotic cleaner for commercial pools. While the 2022 show features the global premiere of Maytronics' new line of cordless robotic pool cleaners, exciting demos of Maytronics Poolside Connect™ solution for cable-free pool cleaning will also be showcased. Upcoming Dividend • Aug 24
Upcoming dividend of ₪0.59 per share Eligible shareholders must have bought the stock before 31 August 2022. Payment date: 29 September 2022. Payout ratio is a comfortable 54% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Israeli dividend payers (6.0%). In line with average of industry peers (2.6%). Reported Earnings • Aug 20
Second quarter 2022 earnings released: EPS: ₪0.97 (vs ₪0.96 in 2Q 2021) Second quarter 2022 results: EPS: ₪0.97 (up from ₪0.96 in 2Q 2021). Revenue: ₪566.3m (up 14% from 2Q 2021). Net income: ₪106.4m (up 1.2% from 2Q 2021). Profit margin: 19% (down from 21% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment improved over the past week After last week's 17% share price gain to ₪51.50, the stock trades at a trailing P/E ratio of 22.6x. Average trailing P/E is 19x in the Consumer Durables industry in Israel. Total returns to shareholders of 120% over the past three years. Announcement • Jul 12
Maytronics Ltd. (TASE:MTRN) acquired 70% stake in Backyard & Pool Superstore for $20.5 million. Maytronics Ltd. (TASE:MTRN) acquired 70% stake in Backyard & Pool Superstore for $20.5 million on July 11, 2022. The consideration includes $4.5 million in add-ons depending on the 2022 and 2023 performance. Michael and Chris Hoffman, will retain a 30% stake.
Maytronics Ltd. (TASE:MTRN) completed the acquisition of 70% stake in Backyard & Pool Superstore on July 11, 2022. Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₪49.91, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 15x in the Consumer Durables industry in Israel. Total returns to shareholders of 116% over the past three years. Announcement • May 19
Maytronics Ltd., Annual General Meeting, Jul 14, 2022 Maytronics Ltd., Annual General Meeting, Jul 14, 2022, at 14:00 Israel Standard Time. Location: at Maytronics's offices at Kibbutz Yizre'el 1935000 Jezreel Valley Israel Agenda: To consider Discussion on the Company's financial statements and the Board of Director's report for the year ended December 31, 2021; to consider Re-appointment of Kost Forer Gabbay & Kasierer' a member of Ernst & Young Global, as the Company's External Auditors and submission of a report regarding its compensation for the year 2021; to consider Re-election of the current incumbent members of the Board of Directors (except for the external directors, whose term of service shall continue in accordance with the provisions of the law); and to consider other matters if any. Announcement • May 14
Maytronics Ltd. to Report Q1, 2022 Results on May 17, 2022 Maytronics Ltd. announced that they will report Q1, 2022 results on May 17, 2022 Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Shlomo Liran was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 26
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: EPS: ₪0.35 (up from ₪0.24 in 3Q 2020). Revenue: ₪311.0m (up 23% from 3Q 2020). Net income: ₪38.0m (up 46% from 3Q 2020). Profit margin: 12% (up from 10% in 3Q 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Aug 25
Upcoming dividend of ₪0.69 per share Eligible shareholders must have bought the stock before 01 September 2021. Payment date: 19 September 2021. Trailing yield: 1.5%. Lower than top quartile of Israeli dividend payers (5.3%). Lower than average of industry peers (2.1%). Reported Earnings • Aug 21
Second quarter 2021 earnings released: EPS ₪0.96 (vs ₪0.68 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₪498.5m (up 32% from 2Q 2020). Net income: ₪105.0m (up 42% from 2Q 2020). Profit margin: 21% (up from 20% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 30
First quarter 2021 earnings released: EPS ₪0.80 (vs ₪0.57 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₪419.1m (up 34% from 1Q 2020). Net income: ₪86.6m (up 41% from 1Q 2020). Profit margin: 21% (up from 20% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth.