Business
TASE Reports the Results of the Financial Statements for the First Quarter of 2025
The Tel-Aviv Stock Exchange Ltd. (TASE: TASE) today announced its financial results for the first quarter ended March 31, 2025.
About this update from Tel Aviv Stock Exchange Ltd.
[{"type":"text","content":"Record results in TASE Revenues - 21% revenue growth to NIS 131 million","length":77,"tagName":"p"},{"type":"text","content":"The adjusted EBITDA increased by 27%, to NIS 61.8 million","length":62,"tagName":"p"},{"type":"text","content":"Adjusted net profit totaled NIS 36.9 million, an increase of 32% compared to the corresponding quarter last year","length":117,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Record revenue in the first quarter of the year totaled NIS 131 million, compared to NIS 108 million in the corresponding quarter last year, an increase of 21%.","length":165,"tagName":"p"}]},{"val":[{"type":"text","content":"The adjusted EBITDA in the first quarter of 2025 totaled NIS 61.8 million, compared to NIS 48.6 million in the corresponding quarter last year, an increase of 27%. ","length":168,"tagName":"p"}]},{"val":[{"type":"text","content":"The EBITDA Margin increased to 47.2% in the first quarter of 2025, compared to 44.8% in the corresponding quarter last year. ","length":124,"tagName":"p"}]},{"val":[{"type":"text","content":"The adjusted profit in the first quarter totaled NIS 36.9 million, compared to NIS 27.8 million in the corresponding quarter last year, an increase of 32%.","length":160,"tagName":"p"}]},{"val":[{"type":"text","content":"Five new companies completed an IPO in the first quarter, equal to the total number of IPOs completed in the full year 2024.","length":129,"tagName":"p"}]},{"val":[{"type":"text","content":"Equity trading volumes reached NIS 2.9 billion in the first quarter, compared to NIS 2.1 billion in the corresponding quarter last year, an increase of 35%. ","length":161,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":907,"olType":false},{"type":"text","content":"Ittai Ben Zeev, CEO of TASE: "The quarter's record results reflect our commitment to TASE's strategic plan and the consistent growth of the Israeli capital market, even during a period of global and local challenges. The growing trading volumes, higher volumes of activity and increase in IPOs and investments in local ETFs underscores the confidence of both local and international investors in the Israeli economy and the public companies, which continue to demonstrate strength and resilience even during particularly challenging ti...