Record-Breaking Revenue and Growth
TASE concluded Q3 2025 with record results. Revenues for the quarter were ILS 147.1 million, up 35% year-on-year. Adjusted EBITDA reached ILS 79.5 million, up 76% year-on-year, with an EBITDA margin of 54.1%. Net profit reached ILS 50 million, up 29% year-on-year.
Strong Market Performance
TA-35 and TA-90 indices saw gains of 34% and 32% respectively, outperforming global indices like Dow Jones and S&P 500. The equity market cap increased to ILS 1.8 trillion, a 51% year-on-year growth.
Increased Trading Volume
Equity average daily trading volumes reached a new all-time high of ILS 3.8 billion in Q3, up 88% year-on-year. Net inflows from foreign investors totaled ILS 6.4 billion in the first 9 months of 2025.
Surge in IPO and Bond Market Activity
17 new companies joined TASE, raising ILS 3.8 billion, compared to 5 companies raising ILS 0.8 billion in 2024. Corporate bond issuance totaled ILS 148 billion, up from ILS 87 billion last year.
Successful Strategic Initiatives
TASE advanced its market-making program with the participation of all major banks and companies like Bezeq. The 'Trading At Last' phase was successfully implemented, and new indices were launched.