C I Systems Israel Ltd
TASE:CISY
Income Statement
Earnings Waterfall
C I Systems Israel Ltd
Income Statement
C I Systems Israel Ltd
| Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
14
N/A
|
16
+13%
|
17
+7%
|
18
+6%
|
17
-7%
|
16
-6%
|
15
-4%
|
14
-5%
|
16
+10%
|
16
+4%
|
17
+6%
|
18
+4%
|
18
-1%
|
18
+1%
|
19
+3%
|
20
+5%
|
20
+1%
|
20
+2%
|
21
+1%
|
20
-4%
|
19
-2%
|
19
-1%
|
19
0%
|
20
+4%
|
20
+3%
|
20
0%
|
20
-2%
|
19
-6%
|
19
-1%
|
18
-4%
|
17
-5%
|
18
+3%
|
19
+10%
|
20
+1%
|
20
+4%
|
20
+1%
|
20
+0%
|
23
+11%
|
24
+7%
|
25
+2%
|
24
-4%
|
23
-1%
|
24
+3%
|
24
-2%
|
24
+4%
|
24
-2%
|
23
-4%
|
23
-2%
|
23
+2%
|
23
+1%
|
24
+1%
|
25
+4%
|
25
0%
|
25
+0%
|
26
+5%
|
25
-2%
|
26
+3%
|
28
+5%
|
29
+5%
|
33
+15%
|
35
+6%
|
37
+7%
|
39
+4%
|
37
-5%
|
37
-1%
|
35
-5%
|
33
-6%
|
33
-1%
|
34
+2%
|
36
+7%
|
39
+7%
|
44
+13%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(8)
|
(9)
|
(10)
|
(11)
|
(10)
|
(10)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(11)
|
(12)
|
(13)
|
(13)
|
(14)
|
(13)
|
(13)
|
(13)
|
(13)
|
(14)
|
(14)
|
(14)
|
(13)
|
(12)
|
(12)
|
(12)
|
(11)
|
(11)
|
(12)
|
(13)
|
(13)
|
(13)
|
(13)
|
(14)
|
(15)
|
(15)
|
(15)
|
(15)
|
(16)
|
(16)
|
(16)
|
(16)
|
(15)
|
(15)
|
(15)
|
(15)
|
(16)
|
(16)
|
(16)
|
(16)
|
(17)
|
(16)
|
(17)
|
(18)
|
(19)
|
(20)
|
(21)
|
(22)
|
(23)
|
(22)
|
(22)
|
(21)
|
(21)
|
(21)
|
(22)
|
(23)
|
(25)
|
(28)
|
|
| Gross Profit |
6
N/A
|
7
+12%
|
7
+5%
|
7
+2%
|
6
-12%
|
6
-10%
|
6
-1%
|
6
-2%
|
6
+13%
|
7
+8%
|
7
+7%
|
7
+3%
|
7
-2%
|
7
+3%
|
8
+2%
|
7
-1%
|
7
-2%
|
7
-3%
|
7
-1%
|
7
-2%
|
7
-4%
|
6
-1%
|
6
-5%
|
6
+3%
|
7
+2%
|
7
+5%
|
7
+1%
|
7
-6%
|
7
+0%
|
6
-2%
|
6
-6%
|
6
+7%
|
7
+12%
|
7
-3%
|
7
+2%
|
7
+3%
|
7
+0%
|
9
+18%
|
9
+9%
|
9
+0%
|
8
-9%
|
8
-3%
|
9
+3%
|
8
-8%
|
8
+4%
|
8
-4%
|
8
-3%
|
8
-1%
|
8
+8%
|
8
+1%
|
8
-2%
|
9
+8%
|
8
-4%
|
8
-1%
|
9
+12%
|
9
-4%
|
9
+3%
|
10
+6%
|
10
+7%
|
13
+23%
|
14
+11%
|
16
+11%
|
16
+2%
|
15
-7%
|
15
+0%
|
14
-9%
|
13
-8%
|
12
-4%
|
12
0%
|
13
+6%
|
13
+5%
|
15
+15%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(7)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(11)
|
(11)
|
(12)
|
(12)
|
(12)
|
(13)
|
|
| Selling, General & Administrative |
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
|
| Research & Development |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
1
N/A
|
1
+20%
|
1
+1%
|
1
-11%
|
0
-80%
|
(0)
N/A
|
(0)
+94%
|
0
N/A
|
1
+373%
|
1
+34%
|
2
+12%
|
2
+2%
|
1
-18%
|
1
-9%
|
1
-23%
|
1
-32%
|
0
-45%
|
0
-50%
|
0
+53%
|
0
+4%
|
0
+30%
|
0
-86%
|
(0)
N/A
|
(0)
-10%
|
(0)
+59%
|
(0)
+44%
|
0
N/A
|
(0)
N/A
|
(0)
+56%
|
0
N/A
|
0
-77%
|
0
+1 333%
|
1
+112%
|
1
-20%
|
1
+1%
|
1
+42%
|
1
+7%
|
2
+79%
|
2
+23%
|
2
-11%
|
1
-35%
|
1
-10%
|
2
+18%
|
1
-25%
|
1
+16%
|
1
-21%
|
1
-18%
|
1
-30%
|
1
+52%
|
1
+2%
|
1
-9%
|
1
+60%
|
1
-7%
|
1
-7%
|
2
+43%
|
1
-13%
|
2
+9%
|
2
+28%
|
3
+23%
|
4
+65%
|
5
+25%
|
6
+20%
|
7
+5%
|
5
-21%
|
5
-6%
|
3
-32%
|
2
-48%
|
1
-56%
|
0
-64%
|
1
+146%
|
1
+33%
|
2
+150%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
|
| Pre-Tax Income |
1
N/A
|
1
+56%
|
1
+3%
|
1
-13%
|
0
-65%
|
(0)
N/A
|
(0)
+16%
|
0
N/A
|
1
+524%
|
1
+27%
|
2
+12%
|
2
+10%
|
2
-2%
|
2
-7%
|
1
-12%
|
1
-35%
|
0
-65%
|
0
-23%
|
0
-26%
|
0
+65%
|
0
+32%
|
0
-86%
|
(0)
N/A
|
(0)
-25%
|
(0)
+40%
|
(0)
+44%
|
(0)
+60%
|
(0)
-1 450%
|
(0)
+86%
|
0
N/A
|
0
-75%
|
0
+1 267%
|
1
+106%
|
1
-18%
|
1
-3%
|
1
+48%
|
1
+8%
|
2
+84%
|
2
+27%
|
2
-11%
|
2
-30%
|
1
-17%
|
1
+16%
|
1
-23%
|
1
+14%
|
1
-21%
|
1
-18%
|
1
-38%
|
1
+58%
|
1
+5%
|
1
-13%
|
1
+72%
|
1
-14%
|
1
-12%
|
1
+46%
|
1
-20%
|
1
+5%
|
2
+40%
|
2
+29%
|
4
+78%
|
5
+31%
|
6
+25%
|
7
+9%
|
6
-18%
|
6
-3%
|
4
-32%
|
2
-43%
|
1
-44%
|
1
-58%
|
1
+83%
|
1
+5%
|
2
+87%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
|
| Income from Continuing Operations |
1
|
1
|
1
|
1
|
0
|
(0)
|
(0)
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
3
|
4
|
6
|
6
|
5
|
5
|
3
|
2
|
1
|
0
|
1
|
1
|
2
|
|
| Net Income (Common) |
1
N/A
|
1
+19%
|
1
+10%
|
1
-11%
|
0
-63%
|
(0)
N/A
|
(0)
-38%
|
0
N/A
|
1
+1 217%
|
1
+41%
|
1
+5%
|
1
+11%
|
1
+7%
|
1
-5%
|
1
-7%
|
1
-40%
|
0
-70%
|
0
-32%
|
0
-67%
|
0
+300%
|
0
+60%
|
0
-91%
|
(0)
N/A
|
(0)
-25%
|
(0)
+30%
|
(0)
+29%
|
(0)
+20%
|
(0)
-850%
|
(0)
+69%
|
0
N/A
|
(0)
N/A
|
0
N/A
|
1
+92%
|
1
-17%
|
1
-9%
|
1
+69%
|
1
+9%
|
2
+86%
|
2
+30%
|
2
-11%
|
1
-26%
|
1
-19%
|
1
+8%
|
1
-25%
|
1
+4%
|
1
-20%
|
1
-11%
|
0
-42%
|
1
+93%
|
1
-2%
|
1
-15%
|
1
+75%
|
1
-18%
|
1
-9%
|
1
+45%
|
1
-18%
|
1
+8%
|
1
+33%
|
2
+16%
|
3
+84%
|
4
+36%
|
6
+28%
|
6
+12%
|
5
-17%
|
5
-2%
|
3
-33%
|
2
-43%
|
1
-45%
|
0
-68%
|
1
+132%
|
1
+35%
|
2
+81%
|
|
| EPS (Diluted) |
0.1
N/A
|
0.13
+30%
|
0.14
+8%
|
0.12
-14%
|
0.04
-67%
|
-0.01
N/A
|
-0.02
-100%
|
0.01
N/A
|
0.07
+600%
|
0.1
+43%
|
0.11
+10%
|
0.12
+9%
|
0.13
+8%
|
0.12
-8%
|
0.11
-8%
|
0.07
-36%
|
0.02
-71%
|
0.02
N/A
|
0.01
-50%
|
0.02
+100%
|
0.03
+50%
|
0
N/A
|
-0.01
N/A
|
-0.01
N/A
|
-0.01
N/A
|
-0.01
N/A
|
-0.01
N/A
|
-0.04
-300%
|
-0.01
+75%
|
0
N/A
|
0
N/A
|
0.03
N/A
|
0.06
+100%
|
0.05
-17%
|
0.04
-20%
|
0.07
+75%
|
0.09
+29%
|
0.15
+67%
|
0.2
+33%
|
0.18
-10%
|
0.14
-22%
|
0.12
-14%
|
0.13
+8%
|
0.1
-23%
|
0.09
-10%
|
0.07
-22%
|
0.07
N/A
|
0.04
-43%
|
0.08
+100%
|
0.07
-12%
|
0.06
-14%
|
0.15
+150%
|
0.09
-40%
|
0.1
+11%
|
0.14
+40%
|
0.11
-21%
|
0.11
N/A
|
0.14
+27%
|
0.16
+14%
|
0.3
+87%
|
0.41
+37%
|
0.51
+24%
|
0.57
+12%
|
0.41
-28%
|
0.46
+12%
|
0.31
-33%
|
0.17
-45%
|
0.09
-47%
|
0.03
-67%
|
0.06
+100%
|
0.08
+33%
|
0.16
+100%
|
|