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Financial statements

G WILLI FOOD INTERNATIONAL LTD financial statements

Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data G WILLI FOOD INTERNATIONAL LTD files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2022FY2023FY2024FY2025
Revenue142150158191
Cost of revenue101117114137
Gross profit40.733.244.254.8
Selling, general and administrative6.857.27.179.02
Operating income12.85.611523.3
Interest expense0.420.530.82
Interest income5.6110.914
Pre-tax income15.310.825.436.5
Income tax3.532.086.138.2
Net income11.88.7319.328.3
EBITDA13.56.3215.924.4
EPS, basic0.860.631.392.04
EPS, diluted0.860.631.392.04

Balance sheet

FY2022FY2023FY2024FY2025
Cash and equivalents41.537.738.538.9
Inventory20.417.226.929.5
Total current assets146133144166
Property, plant and equipment13.518.430.143.3
Lease right-of-use assets0.960.591.321.43
Goodwill0.010.010.010.01
Total assets173165188226
Accounts payable7.065.967.737.3
Total current liabilities12.110.516.415
Lease liabilities0.370.190.690.86
Total liabilities13.912.420.120.4
Retained earnings110104120150
Shareholders' equity159152168205
Total equity159152168205
Total liabilities and equity173165188226

Cash flow statement

FY2022FY2023FY2024FY2025
Net income11.88.7319.328.3
Depreciation and amortization0.690.710.811.04
Cash from operations-7.810.57-7.518.4
Capital expenditures-3.79-1.27-1.49-1.82
Cash from investing2.35-1.43-12.5-1.29
Stock issued0
Dividends paid-15.6-11-2.74-15.6
Cash from financing-16.2-11.7-3.37-16.2
Exchange rate effect2.950.190.14-0.52
Net change in cash-9.87-3.81
Free cash flow-11.6-0.7-8.9816.6

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $28.56 on August 26, 2026.

Profitability

MetricValueHow it is calculated
Gross margin28.6%Gross profit / revenue.
Operating margin12.2%Operating income / revenue.
EBITDA margin12.7%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin19.1%Pre-tax income / revenue.
Net margin14.8%Net income / revenue.
FCF margin8.7%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin9.6%Cash from operations / revenue.
Effective tax rate22.4%Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)15.2%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)13.7%Net income / average total assets.
Return on invested capital (ROIC)12.2%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue4.7%Selling, general and administrative expense / revenue.
Capex / revenue0.9%Capital expenditures / revenue.
D&A / revenue0.5%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y21.2%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y10.6%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y23.9%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y10.5%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income growth, 1y55.1%Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y22.1%Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA growth, 1y53.7%EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y21.8%Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income growth, 1y47.0%Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y33.9%Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS growth, 1y46.8%EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y33.4%Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y22.2%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y8.9%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y20.0%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y9.3%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.

Balance sheet health

MetricValueHow it is calculated
Current ratio11.1xCurrent assets / current liabilities.
Quick ratio2.60x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio2.60x(Cash + short-term investments) / current liabilities.
Liabilities / assets9.1%Total liabilities / total assets.
Interest coverage28.3xOperating income / interest expense.
Working capital$150.7MCurrent assets - current liabilities.
Goodwill and intangibles / assets0.0%(Goodwill + intangible assets) / total assets.
Tangible book value$205.3MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.92xRevenue / average total assets.
Fixed asset turnover5.21xRevenue / average property, plant and equipment.
Inventory turnover4.84xCost of revenue / average inventory.
Days inventory75 days365 x average inventory / cost of revenue.
Days payables20 days365 x average accounts payable / cost of revenue.
FCF conversion58.6%Free cash flow / net income, when net income is positive.
Capex / operating cash flow9.9%Capital expenditures / cash from operations, when that is positive.

Per share

MetricValueHow it is calculated
EPS, diluted$2.04Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic$2.04Net income per basic share, as reported (split-adjusted).
Payout ratio55.2%Dividends paid / net income, when net income is positive.
Dividends / FCF94.2%Dividends paid / free cash flow, when free cash flow is positive.

Valuation

MetricValueHow it is calculated
Market cap$397.8MShare price x shares outstanding.
Enterprise value$358.9MMarket cap + total debt - cash - short-term investments.
P/E14.0xMarket cap / net income. Only when net income is positive.
P/S2.08xMarket cap / revenue.
P/B1.94xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book1.94xMarket cap / tangible book value, when positive.
P/FCF23.9xMarket cap / free cash flow. Only when free cash flow is positive.
P/OCF21.6xMarket cap / cash from operations, when positive.
EV/Sales1.88xEnterprise value / revenue.
EV/EBIT15.4xEnterprise value / operating income, when both are positive.
EV/EBITDA14.7xEnterprise value / EBITDA, when both are positive.
EV/FCF21.6xEnterprise value / free cash flow, when both are positive.
FCF yield4.2%Free cash flow / market cap.
Earnings yield7.1%Net income / market cap (the inverse of P/E).
Dividend yield3.9%Dividends paid over the period / market cap.
Shareholder yield3.9%(Dividends paid + share buybacks) / market cap.
PEG0.42xP/E / EPS growth per year over 3 years (in percent). Only when both are positive.
What was G WILLI FOOD INTERNATIONAL LTD's revenue in fiscal 2025?

G WILLI FOOD INTERNATIONAL LTD reported revenue of $191.4M for fiscal 2025, 21.2% higher than the year before.

Was G WILLI FOOD INTERNATIONAL LTD profitable in fiscal 2025?

Yes. Net income was $28.3M, a net margin of 14.8%.

How much free cash flow did G WILLI FOOD INTERNATIONAL LTD generate in fiscal 2025?

Cash from operations of $18.4M minus capital expenditures of $1.8M left free cash flow of $16.6M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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