Reported Earnings • May 23
First quarter 2026 earnings released: EPS: US$0.09 (vs US$0.04 in 1Q 2025) First quarter 2026 results: EPS: US$0.09 (up from US$0.04 in 1Q 2025). Revenue: US$83.6m (up 39% from 1Q 2025). Net income: US$9.51m (up 119% from 1Q 2025). Profit margin: 11% (up from 7.2% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth. Live News • May 19
Turpaz Industries Delivers Record Q1 With Rapid Global Expansion and M&A Momentum Turpaz Industries reported record first quarter 2026 results, with double-digit growth compared with previous periods.
The company completed eight M&A transactions since early 2025, including deals in the U.S. and France.
These acquisitions expanded Turpaz’s presence in key international markets and contributed across all business segments.
The combination of organic growth with an active acquisition program is shaping Turpaz into a more globally diversified company with exposure to additional geographies and customer bases.
When you assess the stock, it is worth focusing on how well the company integrates its recent deals and manages any execution or balance sheet risks that can come with a rapid M&A pace. Announcement • May 04
Turpaz Industries Ltd to Report Q1, 2026 Results on May 18, 2026 Turpaz Industries Ltd announced that they will report Q1, 2026 results on May 18, 2026 Upcoming Dividend • Apr 13
Upcoming dividend of ₪0.19 per share Eligible shareholders must have bought the stock before 20 April 2026. Payment date: 29 April 2026. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Israeli dividend payers (5.4%). Lower than average of industry peers (2.0%). 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 6.8% 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. This is currently the only risk that has been identified for the company. Announcement • Mar 13
Turpaz Industries Ltd announces Annual dividend, payable on April 29, 2026 Turpaz Industries Ltd. announced Annual dividend of ILS 0.1938 per share payable on April 29, 2026, ex-date on April 20, 2026 and record date on April 20, 2026. Reported Earnings • Mar 12
Full year 2025 earnings released: EPS: US$0.17 (vs US$0.14 in FY 2024) Full year 2025 results: EPS: US$0.17 (up from US$0.14 in FY 2024). Revenue: US$275.1m (up 46% from FY 2024). Net income: US$17.7m (up 30% from FY 2024). Profit margin: 6.4% (down from 7.2% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 70% per year, which means it is well ahead of earnings. Announcement • Feb 24
Turpaz Industries Ltd to Report Q4, 2025 Results on Mar 11, 2026 Turpaz Industries Ltd announced that they will report Q4, 2025 results on Mar 11, 2026 Reported Earnings • Nov 13
Third quarter 2025 earnings released: EPS: US$0.04 (vs US$0.04 in 3Q 2024) Third quarter 2025 results: EPS: US$0.04 (in line with 3Q 2024). Revenue: US$76.7m (up 57% from 3Q 2024). Net income: US$4.38m (up 6.0% from 3Q 2024). Profit margin: 5.7% (down from 8.5% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 43% per year, which means it is well ahead of earnings. Announcement • Oct 29
Turpaz Industries Ltd to Report Q3, 2025 Results on Nov 12, 2025 Turpaz Industries Ltd announced that they will report Q3, 2025 results on Nov 12, 2025 Announcement • Aug 26
Turpaz Industries Ltd has completed a Follow-on Equity Offering in the amount of ILS 330.3825 million. Turpaz Industries Ltd has completed a Follow-on Equity Offering in the amount of ILS 330.3825 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 7,105,000
Price\Range: ILS 46.5
Transaction Features: Subsequent Direct Listing Reported Earnings • Aug 19
Second quarter 2025 earnings released: EPS: US$0.04 (vs US$0.03 in 2Q 2024) Second quarter 2025 results: EPS: US$0.04 (up from US$0.03 in 2Q 2024). Revenue: US$63.4m (up 36% from 2Q 2024). Net income: US$4.21m (up 32% from 2Q 2024). Profit margin: 6.6% (down from 6.8% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings. Announcement • Aug 07
Turpaz Industries Ltd to Report Q2, 2025 Results on Aug 19, 2025 Turpaz Industries Ltd announced that they will report Q2, 2025 results on Aug 19, 2025 Announcement • Jul 03
Turpaz Industries Ltd (TASE:TRPZ) agreed to acquire 68.60% stake in Attractive Scent from its founders and additional shareholders for €27.4 million. Turpaz Industries Ltd (TASE:TRPZ) agreed to acquire 68.60% stake in Attractive Scent from its founders and additional shareholders for €27.4 million on July 2, 2025. A cash consideration of €27.4 million will be paid by Turpaz Industries Ltd. As part of consideration, €27.4 million is paid towards common equity of Attractive Scent. The agreement also includes a mutual Put/Call option (to purchase the remaining shares in Attractive Scent), where: (a) 10% of the Attractive Scent shares are exercisable starting one year from the date of completion of the transaction, at an exercise price based on Attractive Scent’s business performance in the eight quarters preceding the exercise date of the option, which will be paid through Turpaz shares to be allocated at their average price in the 30 calendar days preceding the exercise date and (b) approximately 21.4% of the Attractive Scent shares are exercisable starting three years from the closing date, at an exercise price based on Attractive Scent’s business performance in the eight quarters preceding the exercise date of the option, which will be paid in cash or Turpaz shares, at the option of the sellers.
Financing of the transaction will be carried out through short-term bank financing, which will be replaced in the future by a long-term loan. The founders, who have extensive management experience in the French fragrance industry, will continue to lead and manage Attractive Scent in the coming years and will join the management team of the Group’s fragrance division. As of the reporting date, Attractive Scent employs 61 people.
For the period ending December 31, 2024, Attractive Scent reported total revenue of €12.8 million, EBIT of €2.4 million, net income of €1.9 million and EBITDA of €2.6 million. As of December 31, 2024, Attractive Scent reported total assets of €10 million. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₪37.50, the stock trades at a trailing P/E ratio of 72.5x. Average trailing P/E is 13x in the Chemicals industry in Israel. Total returns to shareholders of 85% over the past three years. Announcement • Jun 05
Turpaz Industries Ltd (TASE:TRPZ) acquired Carotex Koncentraty Tatrzanski Sp.k. Turpaz Industries Ltd (TASE:TRPZ) acquired Carotex Koncentraty Tatrzanski Sp.k. on June 3, 2025. A cash consideration of $23.4 million will be paid by Turpaz Industries Ltd, along with the issuance of 22% of the shares in Turpaz's Polish subsidiary, Pollena Aroma, through which the acquisition was carried out. The agreement includes an option to purchase the remaining shares allocated in Pollena as mentioned above, exercisable four years from the date of the acquisition. The founders of Carotex will join Pollena's management team and assist in integrating the operations of Pollena and Carotex.
For the period ending December 31, 2024, Carotex Koncentraty Tatrzanski Sp.k. reported total revenue of $10.9 million, EBIT of $5.3 million and EBITDA of $5.4 million.
Turpaz Industries Ltd (TASE:TRPZ) completed the acquisition of Carotex Koncentraty Tatrzanski Sp.k. on June 3, 2025. Reported Earnings • May 22
First quarter 2025 earnings released: EPS: US$0.04 (vs US$0.03 in 1Q 2024) First quarter 2025 results: EPS: US$0.04 (up from US$0.03 in 1Q 2024). Revenue: US$60.4m (up 55% from 1Q 2024). Net income: US$4.35m (up 43% from 1Q 2024). Profit margin: 7.2% (down from 7.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Announcement • May 22
Turpaz Industries Ltd, Annual General Meeting, Jun 25, 2025 Turpaz Industries Ltd, Annual General Meeting, Jun 25, 2025. Location: meitar law offices, Israel Board Change • May 19
Less than half of directors are independent 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. 2 highly experienced directors. 1 independent director (6 non-independent directors). Independent Director Ohad Finkelstein was the last independent 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: Minority of independent directors. Insufficient board refreshment. Announcement • May 07
Turpaz Industries Ltd to Report Q1, 2025 Results on May 21, 2025 Turpaz Industries Ltd announced that they will report Q1, 2025 results on May 21, 2025 Announcement • Mar 03
Turpaz Industries Ltd to Report Q4, 2025 Results on Mar 18, 2025 Turpaz Industries Ltd announced that they will report Q4, 2025 results on Mar 18, 2025 Announcement • Feb 27
Turpaz Industries Ltd (TASE:TRPZ) acquired Etablissements Doucy Sprl for $8.5 million. Turpaz Industries Ltd (TASE:TRPZ) acquired Etablissements Doucy Sprl for $8.5 million on February 25, 2025. As part of consideration, $8.5 million is paid towards common equity of Etablissements Doucy Sprl, as well as an additional payment contingent on Doucy's EBITDA performance by March 2027. The transaction, includes the acquisition of the real estate used by Doucy's state-of-the-art plant serving leading customers in the Benelux region. The acquisition is another step in the expansion of Turpaz's operations in Western Europe and in the sweet-flavors sector. The transaction was financed through bank financing and is expected to contribute to Turpaz's financial results in the immediate term.
For the period ending December 31, 2024, Etablissements Doucy Sprl reported total revenue of $5 million.
Turpaz Industries Ltd (TASE:TRPZ) completed the acquisition of Etablissements Doucy Sprl on February 25, 2025. Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₪25.77, the stock trades at a trailing P/E ratio of 54.2x. Average trailing P/E is 15x in the Chemicals industry in Israel. Total returns to shareholders of 6.0% over the past three years. Reported Earnings • Nov 19
Third quarter 2024 earnings released: EPS: US$0.04 (vs US$0.04 in 3Q 2023) Third quarter 2024 results: EPS: US$0.04 (in line with 3Q 2023). Revenue: US$48.7m (up 50% from 3Q 2023). Net income: US$4.13m (up 7.8% from 3Q 2023). Profit margin: 8.5% (down from 12% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 6% per year. Announcement • Nov 13
Turpaz Industries Ltd (TASE:TRPZ) acquired Schumann & Sohn Gesellschaft Mit Beschränkter Haftung for €10.7 million. Turpaz Industries Ltd (TASE:TRPZ) acquired Schumann & Sohn Gesellschaft Mit Beschränkter Haftung for approximately €10.7 million on November 7, 2024. The deal was financed through bank credit.
For the period ending December 31, 2023, Schumann & Sohn Gesellschaft Mit Beschränkter Haftung reported total revenue of €9 million.
Turpaz Industries Ltd (TASE:TRPZ) completed the acquisition of Schumann & Sohn Gesellschaft Mit Beschränkter Haftung for €10.7 million on November 7, 2024. Announcement • Oct 30
Turpaz Industries Ltd to Report Q3, 2024 Results on Nov 18, 2024 Turpaz Industries Ltd announced that they will report Q3, 2024 results on Nov 18, 2024 Announcement • Sep 02
Turpaz Industries Ltd (TASE:TRPZ) acquired Flavours and Essences UK Limited from International Flavors & Fragrances Inc. (NYSE:IFF) for £22 million. Turpaz Industries Ltd (TASE:TRPZ) acquired Flavours and Essences UK Limited from International Flavors & Fragrances Inc. (NYSE:IFF) for £22 million on September 1, 2024.
Turpaz Industries Ltd (TASE:TRPZ) completed the acquisition of Flavours and Essences UK Limited from International Flavors & Fragrances Inc. (NYSE:IFF) on September 1, 2024. Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: US$0.03 (vs US$0.02 in 2Q 2023) Second quarter 2024 results: EPS: US$0.03 (up from US$0.02 in 2Q 2023). Revenue: US$46.8m (up 53% from 2Q 2023). Net income: US$3.20m (up 28% from 2Q 2023). Profit margin: 6.8% (down from 8.1% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Aug 05
Turpaz Industries Ltd to Report Q2, 2024 Results on Aug 15, 2024 Turpaz Industries Ltd announced that they will report Q2, 2024 results on Aug 15, 2024 Announcement • May 09
Turpaz Industries Ltd to Report Q1, 2024 Results on May 19, 2024 Turpaz Industries Ltd announced that they will report Q1, 2024 results on May 19, 2024 Announcement • Apr 05
Turpaz Appoints Martin Stiegler as Chief Commercial Officer of Flavors Europe Turpaz Industries announced the appointment of Martin Stiegler as Chief Commercial Officer of Flavors Europe. Martin Stiegler brings with him vast experience garnered from his esteemed career in the food, beverage and flavor industries having worked for many years in leading companies in the food industry. With a proven track record spanning Europe, the USA, and Asia, Martin's background in both the technical and commercial sectors positions him as a valuable addition to the Turpaz Industries team. This announcement comes on the heels of several strategic appointments within the Turpaz Industries group, underscoring the group's commitment to innovation and leadership within the Flavor & Fragrance industry. Recent additions to the team include Pierre-Yves Cariou as Global Master Perfumer, Joris Matthijs as Global Senior Flavorist, and Anna Corless as Global Procurement Manager. Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₪16.20, the stock trades at a trailing P/E ratio of 35.5x. Average trailing P/E is 11x in the Chemicals industry in Israel. Total returns to shareholders of 31% over the past year. Upcoming Dividend • Mar 25
Upcoming dividend of ₪0.15 per share Eligible shareholders must have bought the stock before 01 April 2024. Payment date: 09 April 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Israeli dividend payers (6.8%). Lower than average of industry peers (4.5%). Reported Earnings • Mar 21
Full year 2023 earnings released: EPS: US$0.12 (vs US$0.21 in FY 2022) Full year 2023 results: EPS: US$0.12 (down from US$0.21 in FY 2022). Revenue: US$127.4m (up 7.4% from FY 2022). Net income: US$12.4m (down 42% from FY 2022). Profit margin: 9.7% (down from 18% in FY 2022). The decrease in margin was driven by higher expenses. Announcement • Mar 05
Turpaz Industries Ltd to Report Q4, 2023 Results on Mar 20, 2024 Turpaz Industries Ltd announced that they will report Q4, 2023 results at 9:46 AM, Israel Standard Time on Mar 20, 2024 Announcement • Feb 14
Turpaz Industries Ltd (TASE:TRPZ) acquired 55% stake in Sunspray Food Ingredients (Pty) Limited. Turpaz Industries Ltd (TASE:TRPZ) agreed to acquire 55% stake in Sunspray Food Ingredients (Pty) Limited for approximately ZAR 270 million on December 15, 2023. The afore mentioned consideration is subject to adjustment according to Sunspray's business performance based on the increase in EBITDA during the years 2024 and 2025, the adjustment of which, will not exceed a total of about ZAR 52.4 million and Iin addition, the agreement includes future consideration for the Sellers based on Sunspray's business performance, based on the increase in average EBITDA between the years 2023-2025, compared to an agreed total of ZAR 79.4 million , with the increase multiplied by 1.65. Rene Cross, CEO of Sunspray will continue to manage and lead Sunspray in the coming years, together with Sunspray's management team, and will join the management team of the Turpaz group. Completion of the transaction is expected during the first quarter of 2024 subject conditions precedents typical for transactions of this nature. Turpaz intends to finance the transaction through bank financing, the scope and terms of which, have not yet been decided as of the date of the report. The agreement includes options (put/call) for the purchase of the remaining shares of Sunspray by Turpaz, exercisable starting January 1, 2027.Turpaz Industries Ltd (TASE:TRPZ) acquired 55% stake in Sunspray Food Ingredients (Pty) Limited on February 14, 2024. Valuation Update With 7 Day Price Move • Dec 20
Investor sentiment improves as stock rises 34% After last week's 34% share price gain to ₪15.00, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 11x in the Chemicals industry in Israel. Total loss to shareholders of 16% over the past year. Reported Earnings • Nov 20
Third quarter 2023 earnings released: EPS: US$0.04 (vs US$0.065 in 3Q 2022) Third quarter 2023 results: EPS: US$0.04 (down from US$0.065 in 3Q 2022). Revenue: US$32.5m (up 6.7% from 3Q 2022). Net income: US$3.83m (down 41% from 3Q 2022). Profit margin: 12% (down from 22% in 3Q 2022). 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 ₪11.14, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 10x in the Chemicals industry in Israel. Total loss to shareholders of 38% over the past year. New Risk • Nov 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 7.0% 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 Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₪8.31, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 10x in the Chemicals industry in Israel. Total loss to shareholders of 51% over the past year. Announcement • Nov 02
Turpaz Industries Ltd to Report Q3, 2023 Results on Nov 19, 2023 Turpaz Industries Ltd announced that they will report Q3, 2023 results on Nov 19, 2023 Reported Earnings • Aug 20
Second quarter 2023 earnings released: EPS: US$0.02 (vs US$0.042 in 2Q 2022) Second quarter 2023 results: EPS: US$0.02 (down from US$0.042 in 2Q 2022). Revenue: US$30.6m (up 1.1% from 2Q 2022). Net income: US$2.49m (down 41% from 2Q 2022). Profit margin: 8.1% (down from 14% in 2Q 2022). Announcement • Aug 15
Turpaz Industries Ltd (TASE:TRPZ) completed the acquisition of 60% stake in Food Base Kft from Tamás Gyorfi. Turpaz Industries Ltd (TASE:TRPZ) signed an agreement to acquire 60% stake in Food Base Kft from Tamás Gyorfi for $9.5 million on June 8, 2023. The consideration of $9.5 million from which 60% of Food Base's net debt will deducted at the time of completion of the transaction. Additionally, the Seller will be entitled to future consideration will be based on Food Base's business performance during the years 2023-2024. As part of the agreement, Turpaz was granted a call option to purchase the remaining shares of Food Base from the Seller, exercisable from the expiration of 3 years until the end of 5 years from the date of completion of the acquisition. Tamás Gyorfi will continue to manage, and lead Food Base in the coming years together with Food Base’s management team and will join the global management team of the Turpaz Group. Food Base's sales turnover in 2022 amounted to $5.7 million. The transaction is subject to receiving regulatory approvals in Hungary. The transaction will be financed through bank debt. Completion of the transaction is expected in the coming months.
Turpaz Industries Ltd (TASE:TRPZ) completed the acquisition of 60% stake in Food Base Kft from Tamás Gyorfi on August 14, 2023. Announcement • Jun 13
Turpaz Industries Ltd (TASE:TRPZ) signed an agreement to acquire 60% stake in Food Base Kft from Tamás Gyorfi for $9.5 million. Turpaz Industries Ltd (TASE:TRPZ) signed an agreement to acquire 60% stake in Food Base Kft from Tamás Gyorfi for $9.5 million on June 8, 2023. The consideration of $9.5 million from which 60% of Food Base's net debt will deducted at the time of completion of the transaction. Additionally, the Seller will be entitled to future consideration will be based on Food Base's business performance during the years 2023-2024. As part of the agreement, Turpaz was granted a call option to purchase the remaining shares of Food Base from the Seller, exercisable from the expiration of 3 years until the end of 5 years from the date of completion of the acquisition. Tamás Gyorfi will continue to manage, and lead Food Base in the coming years together with Food Base’s management team and will join the global management team of the Turpaz Group. Food Base's sales turnover in 2022 amounted to $5.7 million. The transaction is subject to receiving regulatory approvals in Hungary. The transaction will be financed through bank debt. Completion of the transaction is expected in the coming months. Valuation Update With 7 Day Price Move • May 29
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₪10.23, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 5x in the Chemicals industry in Israel. Total loss to shareholders of 56% over the past year. Announcement • May 23
Turpaz Industries Ltd to Report Q1, 2023 Results on May 21, 2023 Turpaz Industries Ltd announced that they will report Q1, 2023 results on May 21, 2023 Buying Opportunity • May 22
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 21%. The fair value is estimated to be ₪16.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last year. Earnings per share has grown by 44%. Reported Earnings • May 21
First quarter 2023 earnings released: EPS: US$0.03 (vs US$0.039 in 1Q 2022) First quarter 2023 results: EPS: US$0.03 (down from US$0.039 in 1Q 2022). Revenue: US$30.9m (up 13% from 1Q 2022). Net income: US$2.98m (down 24% from 1Q 2022). Profit margin: 9.6% (down from 14% in 1Q 2022). Reported Earnings • Mar 29
Full year 2022 earnings released: EPS: US$0.21 (vs US$0.14 in FY 2021) Full year 2022 results: EPS: US$0.21 (up from US$0.14 in FY 2021). Revenue: US$118.6m (up 39% from FY 2021). Net income: US$21.2m (up 68% from FY 2021). Profit margin: 18% (up from 15% in FY 2021). The increase in margin was driven by higher revenue. Board Change • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Director Ohad Finkelstein was the last independent 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: Minority of independent directors. Lack of board continuity. Announcement • Oct 14
Turpaz Industries Ltd signed an agreement to acquire a 65% stake in Aromatique Food Srl. Turpaz Industries Ltd signed an agreement to acquire a 65% stake in Aromatique Food Srl on October 12, 2022. The agreement Includes an option to purchase the remaining shares of the company exercisable starting January 2025. As per terms of consideration, Turpaz Industries Ltd will pay RON 17 million as well as future consideration is based on Aromatique's business performance during the second half of 2022. Completion of the deal is expected in the fourth quarter of 2022. Announcement • Aug 25
Turpaz Industries Ltd to Report Q2, 2022 Results on Aug 24, 2022 Turpaz Industries Ltd announced that they will report Q2, 2022 results on Aug 24, 2022 Reported Earnings • Aug 25
Second quarter 2022 earnings released: EPS: US$0.042 (vs US$0.036 in 2Q 2021) Second quarter 2022 results: EPS: US$0.042 (up from US$0.036 in 2Q 2021). Revenue: US$30.3m (up 50% from 2Q 2021). Net income: US$4.20m (up 37% from 2Q 2021). Profit margin: 14% (down from 15% in 2Q 2021). The decrease in margin was driven by higher expenses. Reported Earnings • May 20
First quarter 2022 earnings released: EPS: US$0.039 (vs US$0.04 in 1Q 2021) First quarter 2022 results: EPS: US$0.039. Revenue: US$27.4m (up 39% from 1Q 2021). Net income: US$3.92m (up 29% from 1Q 2021). Profit margin: 14% (down from 16% in 1Q 2021). The decrease in margin was driven by higher expenses. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improved over the past week After last week's 18% share price gain to ₪23.50, the stock trades at a trailing P/E ratio of 58.2x. Average trailing P/E is 14x in the Chemicals industry in Israel. Reported Earnings • Mar 17
Full year 2021 earnings: Revenues in line with analyst expectations Full year 2021 results: Revenue: US$85.3m (up 62% from FY 2020). Net income: US$12.6m (up 60% from FY 2020). Profit margin: 15% (in line with FY 2020). Revenue was in line with analyst estimates. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₪22.10, the stock trades at a trailing P/E ratio of 63.6x. Average trailing P/E is 13x in the Chemicals industry in Israel.