Tel Aviv Stock Exchange reports strong Q2 with record margins Investing.com -- The Tel Aviv Stock Exchange (TASE) reported a strong second quarter for 2025 on Wednesday, with adjusted EBITDA of ILS 72 million, representing a 56% increase year-over-year and resulting in a record 52.6% adjusted margin. Revenue grew 29% year-over-year to ILS 136 million, exceeding estimates by ILS 3 million. This growth was primarily driven by the clearinghouse segment, where balances are 21% higher compared to when guidance for price increases was initially provided in July 2024. Expenses came in ILS 8 million below estimates, partly due to a lower compensation ratio of 29% versus the estimated 35%. Management indicated that the second quarter expense trajectory represents a reasonable run rate for the remainder of the year. Non-transactional revenues continued to perform well at ILS 87 million, up 31% year-over-year, marking the eighth consecutive quarter of meeting or exceeding the 10-12% five-year CAGR target. Clearinghouse revenues increased 63% year-over-year, with 38% generated from higher activity volumes and services offered. Listing fees rose 16% year-over-year, with 7% attributed to an increase in companies paying annual levies and linkage of those levies to the Consumer Price Index. Data distribution revenues grew 19% year-over-year, with a 9% increase from TASE index authorizations. The exchange’s adjusted EBITDA margins of 52.6% were up 545 basis points from the first quarter. Estimates now project margins of 50.1% for fiscal year 2025, representing a 756 basis point increase year-over-year. In June, TASE’s Board authorized an examination of strategic measures for its index business, including potential partial or full sale, or partnership with a leading international index operator or financial institution. The exchange cited a desire to access a global distribution platform to address increasing international demand for its indices. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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Shares on Tel Aviv Stock Exchange hit record highs after US strikes on Iran - The Times of Israel Shares on Tel Aviv Stock Exchange hit record highs after US strikes on Iran  The Times of Israel

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Hellmann partners with Orian to expand network in Israel Orian, listed on Tel Aviv Stock Exchange, ranks among top three freight forwarding and logistics companies in Israel.

Hellmann Worldwide Logistics has signed an agreement with Israeli logistics service provider Orian to expand its global network.

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Logo and company information for Cofix (Tel Aviv, Israel).

Wikipedia article and company website information for Cofix (Tel Aviv, Israel).

Screenshot of Yale CELI List information pertaining to Cofix (Tel Aviv, Israel).

Poster showing Yale School Of Management list of “Grade F” companies that are still doing business with the Russian Federation (as of November 28th, 2024).

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#StandWithUkraine
#YaleCELIList
#YaleRussianBusinessRetreat

Please ask #GradeF / #DiggingInList Companies to stop doing business with the #RussianFederation / #RF.

For example:
#Cofix
#TelAviv, #Israel, #ISR
cofix.global/en-global

#TelAvivStockExchange, #TASE: #CFX

#Russia is #BrandUnsafe