Automatic Bank Services Limited (SHVA) Q4 2025 earnings summary

Executive summary

• Maintained full operational continuity and financial resilience during significant security events in 2025, including two major military operations, with rapid recovery in transaction volumes post-events.

• Completed the 2022–2025 strategic plan, accelerating adoption of new growth engines (Shva Insights, Shva Arena, CLP) and expanding the customer base.

• Continued technological modernization, including cloud migration and AI integration, to enhance product offerings and operational efficiency.

• Distributed NIS 60 million in dividends, with an additional NIS 30 million declared, reflecting strong cash flow and capital management.

Financial highlights

• Total revenues for 2025 reached NIS 156.98 million, up 3.6% from NIS 151.46 million in 2024, driven by increased transaction-based income and new product adoption.

• Operating profit was NIS 46.78 million, down from NIS 55.60 million in 2024, mainly due to higher technology and cybersecurity expenses.

• Net profit attributable to shareholders was NIS 45.26 million, compared to NIS 50.91 million in 2024.

• EBITDA (excluding equity compensation) was NIS 62.70 million, compared to NIS 67.11 million in 2024.

• Cash and liquid assets at year-end totaled NIS 150.87 million, down from NIS 191.91 million in 2024, reflecting investments and dividend payouts.

Outlook and guidance

• New 2026–2028 strategic plan focuses on diversifying revenue streams, expanding digital and data-driven services, and leveraging AI and cloud technologies.

• Management expects continued growth in digital payments and data services, with investments in cybersecurity and infrastructure to support resilience.

• No external financing anticipated; all operations funded from internal resources.