Kvutzat Acro Income Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	635.71	748.49	897.6	866.27	479.42	365
Other Revenue	43.59	2.52	-	59.24	57.49	87.13
Revenue	679.31	751.01	897.6	925.52	536.91	452.13
Revenue Growth (YoY)	-14.92%	-16.33%	-3.02%	72.38%	18.75%	190.56%
Cost of Revenue	450.97	569.39	681.08	632.78	367.98	292.35
Gross Profit	228.34	181.63	216.52	292.73	168.93	159.78
Selling, General & Admin	77.64	83.06	72.18	86.67	132.21	44.97
Operating Expenses	77.64	83.06	72.18	86.67	132.21	44.97
Operating Income	150.71	98.57	144.34	206.07	36.72	114.81
Interest Expense	-40	-74.14	-47.12	-48	-39.63	-17.53
Interest & Investment Income	17.83	17.62	17.41	4.38	1.18	0.96
Earnings From Equity Investments	-	-	-0.79	-	-	-4.26
EBT Excluding Unusual Items	128.54	42.05	113.84	162.45	-1.72	93.99
Gain (Loss) on Sale of Investments	-	-	-	-	0.35	-
Asset Writedown	15.39	13.61	-31.76	292.35	164.38	38.17
Pretax Income	143.93	55.66	82.08	454.79	163.01	132.16
Income Tax Expense	34.15	18.98	18.25	97.34	30.21	22.92
Earnings From Continuing Operations	109.78	36.68	63.84	357.45	132.81	109.23
Minority Interest in Earnings	-34.69	-16.09	-16.11	-94.6	-79.35	-48.32
Net Income	75.09	20.59	47.72	262.85	53.46	60.91
Net Income to Common	75.09	20.59	47.72	262.85	53.46	60.91
Net Income Growth	100.73%	-56.86%	-81.84%	391.71%	-12.24%	6.74%
Shares Outstanding (Basic)	62	61	58	56	38	29
Shares Outstanding (Diluted)	62	62	59	57	39	29
Shares Change (YoY)	0.67%	4.93%	3.15%	47.41%	33.10%	2.13%
EPS (Basic)	1.22	0.34	0.82	4.69	1.40	2.10
EPS (Diluted)	1.21	0.33	0.81	4.62	1.40	2.10
EPS Growth	99.77%	-59.26%	-82.47%	230.00%	-33.33%	5.00%
Free Cash Flow	267.58	-519.86	63.24	-683.91	-318.51	157.46
Free Cash Flow Per Share	4.34	-8.45	1.08	-12.03	-8.26	5.43
Dividend Per Share	0.063	0.063	0.157	0.914	0.640	-
Dividend Growth	-59.59%	-59.59%	-82.82%	42.81%	-	-
Gross Margin	33.61%	24.18%	24.12%	31.63%	31.46%	35.34%
Operating Margin	22.18%	13.13%	16.08%	22.26%	6.84%	25.39%
Profit Margin	11.05%	2.74%	5.32%	28.40%	9.96%	13.47%
Free Cash Flow Margin	39.39%	-69.22%	7.04%	-73.89%	-59.32%	34.83%
EBITDA	154.37	101.2	145.97	207.56	38.09	116.08
EBITDA Margin	22.73%	13.48%	16.26%	22.43%	7.09%	25.67%
D&A For EBITDA	3.67	2.63	1.63	1.49	1.36	1.27
EBIT	150.71	98.57	144.34	206.07	36.72	114.81
EBIT Margin	22.18%	13.13%	16.08%	22.26%	6.84%	25.39%
Effective Tax Rate	23.72%	34.09%	22.23%	21.40%	18.53%	17.34%
Revenue as Reported	694.7	764.62	897.6	1,218	701.3	490.3

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.