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Michman Finance (XTAE:MCMN) Revenue : ₪55.71 Mil (TTM As of Jun. 2024)


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What is Michman Finance Revenue?

Michman Finance's revenue for the three months ended in Jun. 2024 was ₪27.07 Mil. Its revenue for the trailing twelve months (TTM) ended in Jun. 2024 was ₪55.71 Mil. Michman Finance's Revenue per Share for the three months ended in Jun. 2024 was ₪16.79. Its Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was ₪34.73.

Warning Sign:

Michman Finance Ltd revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Michman Finance was 25.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was 84.50% per year. During the past 5 years, the average Revenue per Share Growth Rate was 86.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 6 years, Michman Finance's highest 3-Year average Revenue per Share Growth Rate was 98.70% per year. The lowest was 74.70% per year. And the median was 84.50% per year.


Michman Finance Revenue Historical Data

The historical data trend for Michman Finance's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Michman Finance Revenue Chart

Michman Finance Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial 15.52 19.03 41.42 108.28 137.60

Michman Finance Quarterly Data
Dec18 Dec19 Dec20 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.45 34.88 - 28.64 27.07

Competitive Comparison of Michman Finance's Revenue

For the Credit Services subindustry, Michman Finance's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Michman Finance's Revenue Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Michman Finance's Revenue distribution charts can be found below:

* The bar in red indicates where Michman Finance's Revenue falls into.



Michman Finance Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₪55.71 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Michman Finance  (XTAE:MCMN) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Michman Finance Revenue Related Terms

Thank you for viewing the detailed overview of Michman Finance's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Michman Finance Business Description

Traded in Other Exchanges
N/A
Address
BSR Towers 3, 29th Floor, Bnei Brak, ISR, 5126237
Michman Finance Ltd is engaged in providing a variety of loans and non-bank services to businesses. The products of the company comprise Discount checks, Extended license, Import financing, Business Mediation loans, and Extended license, among others.

Michman Finance Headlines

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