The Palestinian Company for Distribution & Logistics Services LLC (PEX:WASSEL)

PEX:WASSEL Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	13.4	12.34	10.53	11.19	9.26	7.95
Revenue Growth (YoY)	25.52%	17.23%	-5.92%	20.81%	16.50%	-12.60%
Cost of Revenue	10.19	9.64	8.47	8.46	7.31	6.67
Gross Profit	3.21	2.7	2.06	2.73	1.95	1.28
Selling, General & Admin	1.38	1.41	1.44	1.62	1.87	1.19
Other Operating Expenses	0.03	-0	-0	-0.01	-0	-
Operating Expenses	1.75	1.73	1.76	1.98	2	1.57
Operating Income	1.47	0.97	0.31	0.75	-0.05	-0.29
Interest Expense	-0.04	-0.04	-0.05	-0.05	-0.1	-0.11
Interest & Investment Income	0.18	0.04	0.03	0.7	0.26	0.02
Earnings From Equity Investments	0.42	0.52	0.69	0.12	0.63	0.63
Currency Exchange Gain (Loss)	0	0	-0.08	-0.34	0.11	0.25
Other Non Operating Income (Expenses)	-	-	-	-	-	-0.13
EBT Excluding Unusual Items	2.03	1.5	0.9	1.19	0.85	0.38
Gain (Loss) on Sale of Investments	-0.17	-0.25	-0.17	-	-	-0.11
Gain (Loss) on Sale of Assets	-	-	-	-	-	-0.01
Asset Writedown	-	-	-0.01	-	-	-0.05
Pretax Income	1.87	1.25	0.72	1.19	0.85	0.21
Income Tax Expense	0.34	0.29	0.21	0.28	0.14	0.04
Earnings From Continuing Operations	1.53	0.96	0.51	0.91	0.71	0.17
Minority Interest in Earnings	-0.01	-0.01	-0	-0	-0.01	-0.01
Net Income	1.52	0.95	0.51	0.91	0.71	0.16
Net Income to Common	1.52	0.95	0.51	0.91	0.71	0.16
Net Income Growth	553.87%	87.97%	-44.48%	28.61%	340.96%	22.21%
Shares Outstanding (Basic)	13	13	13	13	13	13
Shares Outstanding (Diluted)	13	13	13	13	13	13
Shares Change (YoY)	-0.26%	-	-	-	-	-
EPS (Basic)	0.12	0.07	0.04	0.07	0.05	0.01
EPS (Diluted)	0.12	0.07	0.04	0.07	0.05	0.01
EPS Growth	555.56%	87.97%	-44.48%	28.61%	340.99%	22.21%
Free Cash Flow	2.18	1.39	0.52	0.81	0.34	0.28
Free Cash Flow Per Share	0.17	0.11	0.04	0.06	0.03	0.02
Gross Margin	23.96%	21.88%	19.59%	24.36%	21.10%	16.10%
Operating Margin	10.94%	7.88%	2.90%	6.71%	-0.50%	-3.60%
Profit Margin	11.35%	7.69%	4.80%	8.13%	7.64%	2.02%
Free Cash Flow Margin	16.25%	11.28%	4.92%	7.25%	3.64%	3.57%
EBITDA	1.66	1.17	0.45	0.89	0.13	-0.05
EBITDA Margin	12.38%	9.45%	4.30%	7.98%	1.35%	-0.61%
D&A For EBITDA	0.19	0.19	0.15	0.14	0.17	0.24
EBIT	1.47	0.97	0.31	0.75	-0.05	-0.29
EBIT Margin	10.94%	7.88%	2.90%	6.71%	-0.50%	-3.60%
Effective Tax Rate	18.14%	23.56%	28.85%	23.50%	16.11%	19.53%
Advertising Expenses	-	0	0	0	0	0.01

Source: S&P Global Market Intelligence. Standard template. Financial Sources.