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Automatic Bank Services Limited (SHVA) investor relations material
Automatic Bank Services Limited Q1 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Operates national payment infrastructure, including charge card clearing, ATM switching, and value-added services for financial institutions and businesses.
Expanded services in 2025, including new software capabilities and aggregate information offerings for municipalities and government entities.
No material impact from the ongoing "Iron Swords" war; business continuity and financial strength maintained.
Financial highlights
Revenue for Q1 2025 was NIS 38.2 million, up from NIS 36.8 million in Q1 2024.
Net income for Q1 2025 was NIS 10.3 million, down from NIS 12.1 million in Q1 2024.
EBITDA less equity compensation for Q1 2025 was NIS 15.9 million, compared to NIS 16.4 million in Q1 2024.
Cash and cash equivalents increased to NIS 53.6 million as of March 31, 2025, from NIS 44.1 million at year-end 2024.
Dividend of NIS 30 million (approx. NIS 0.75 per share) declared and distributed in April 2025.
Outlook and guidance
Ongoing investments in technology and modernization of core systems to support future growth.
No anticipated near-term impact on financial strength from the security situation, but forward-looking statements note uncertainty due to the war.
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