Bet Shemesh Engines Holdings (1997) (BSEN) Corporate presentation summary

Company overview and business structure

• Over 58 years of experience in jet propulsion, with activities spanning engine development, manufacturing, MRO, and critical component production.

• Operates through two main segments: Engines (including small engines and MRO) and Components (forging, casting, machining).

• Holds a diversified structure with subsidiaries and joint ventures in Israel, the US, and Serbia, employing 1,400 people across 9 facilities.

• Controlled by FIMI Opportunity Funds, with significant institutional and public ownership.

Recent key developments and growth drivers

• Secured new jet engine production orders totaling $100 million, raising total engagement estimates to NIS 1.3 billion.

• Signed a 15-year, $1.2 billion agreement with a leading OEM, the largest in company history, with a potential $400 million extension.

• JetCat Defense JV received its first $10 million order for cruise missile engines, with delivery in 2026.

• Identifies strong demand for unmanned systems and small engines, with market demand exceeding production capacity.

• Growth driven by military and civil aviation demand, supply chain bottlenecks, and expansion into new engine programs.

Financial performance and position

• 2025 revenue reached $314.1 million, up 21.3% from 2024, with net profit rising 19.5% to $43.5 million.

• EBITDA increased 18.7% to $70.8 million, with strong profitability across both Engines and Components segments.

• Q4 2025 revenue grew 18.7% year-over-year, with net profit up 52.5% to $15.4 million.

• Equity to total assets improved to 64%, and financial debt to equity dropped to 3% by year-end 2025.

• Completed a $63 million capital raise in December 2025, further strengthening the balance sheet.