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Novolog (NVLG) investor relations material
Novolog Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q2 2026 revenue grew 2.3% year-over-year to ₪451.9M, with H1 2026 revenue at ₪957.7M, up 1% year-over-year.
Net income for Q2 2026 was ₪0.5M, with Adjusted EBITDA at ₪31.4M; H1 2026 net income was ₪0.7M and Adjusted EBITDA ₪55.8M.
For the six months ended June 30, 2026, revenue was ₪1,805M, gross profit reached ₪137.5M, and Adjusted EBITDA was ₪128.8M.
The company completed the sale of non-core assets, continued streamlining operations, and underwent major management changes.
Operates across three profitable segments: logistics, healthcare, and digital health.
Financial highlights
Q2 2026 gross profit was ₪36.3M, up 2.1% year-over-year; H1 2026 gross profit was ₪137.5M.
Gross margin improved to 7.6% from 6.7% year-over-year.
Operating expenses decreased due to efficiency measures.
Cash and equivalents at period end were ₪121.8M.
Cash flow from operations was negative ₪726 thousand, compared to positive ₪17.8M in the prior year.
Outlook and guidance
Focus on operational efficiency, innovation, and customer-centric growth.
Strategic investments in organic growth, acquisitions, and portfolio optimization to support long-term expansion.
Expected gain of ₪6.5M from the sale of Salus, pending completion.
- Revenue grew 9% in FY23, while lower adjusted EBITDA and Q4 impairments weighed on results.NVLG
Q4 2023 - Revenue held at ₪505.8m as conflict pressured profits; Novohalet sale completed.NVLG
Q1 2026 - 2025 saw revenue and profit declines, mainly due to SAP disruptions, but digital and health segments grew.NVLG
Q4 2025 - SAP disruption pressured logistics as Q3 profit fell despite higher 9M net income.NVLG
Q3 2025 - Revenue and profit rose, with strong cash flow and dividend, despite SAP and war disruptions.NVLG
Q2 2025 - Revenue grew, but SAP disruption pressured profit; service levels normalized.NVLG
Q1 2025 - Q3 revenue rose 10.7% as Adjusted EBITDA excluding IFRS 16 increased 52%.NVLG
Q3 2024 - H1 2024 revenue up 11.5% to ₪1.64B; Q2 net income up 11.4% to ₪13.2M; ₪15M dividend declared.NVLG
Q2 2024 - Revenue up 23% and Adjusted EBITDA up 32%, driven by strong segment growth and cash position.NVLG
Q4 2024
Next Novolog earnings date
Next Novolog earnings date
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