Meitav Investment House (MTAV) Q4 2022 earnings summary
Event summary combining transcript, slides, and related documents.
Q4 2022 earnings summary
3 Nov, 2026Executive summary
2022 revenue reached ₪1.188bn, up 7.2% YoY; adjusted EBITDA was ₪318m. Net income was ₪95m versus a ₪392m loss in 2021.
Assets under management totaled ₪220.9bn at 31 Dec 2022.
Financial highlights
Revenue was ₪1.188bn in 2022 versus ₪1.143bn in 2021; Q4 revenue was ₪317m.
Adjusted EBITDA was ₪318m in 2022 versus ₪401m in 2021; Q4 adjusted EBITDA was ₪73m.
Operating profit was ₪277m; pretax profit ₪172m; net income ₪95m and attributable net income ₪74m in 2022.
Outlook and guidance
Long-term savings revenue run rate exceeded ₪420m, based on Q4 2022 revenue.
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Latest events from Meitav Investment House
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Q2 2022 - Q3 revenue grew, but adjusted 9M earnings fell amid substantial litigation exposure.MTAV
Q3 2022 - Revenue growth and NIS 229.4bn in managed assets amid significant litigation exposure.MTAV
Q1 2023 - AUM reached NIS 244.5bn; H1 revenue was ₪641m and adjusted EBITDA ₪196m.MTAV
Q2 2023 - Q3 revenue and adjusted EBITDA grew 12%; 9M revenue reached NIS975m.MTAV
Q3 2023 - AUM climbed 22% to ₪269bn as adjusted EBITDA rose 23% to ₪392m.MTAV
Q4 2023 - Revenue and adjusted EBITDA rose as AUM reached ₪287.2bn.MTAV
Q1 2024 - Q2 revenue and adjusted EBITDA grew as AUM reached ₪296bn; legal and credit risks persisted.MTAV
Q2 2024