Kvutzat Acro Income Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	792.75	897.6	866.27	479.42	365
Other Revenue	5.67	-	59.24	57.49	87.13
Revenue	798.42	897.6	925.52	536.91	452.13
Revenue Growth (YoY)	-10.83%	-3.02%	72.38%	18.75%	-
Cost of Revenue	597.64	678.03	629.85	367.98	292.35
Gross Profit	200.78	219.58	295.67	168.93	159.78
Selling, General & Admin	89.13	75.24	89.61	132.21	44.97
Operating Expenses	89.13	75.24	89.61	132.21	44.97
Operating Income	111.64	144.34	206.07	36.72	114.81
Interest Expense	-75.73	-47.12	-48	-39.63	-17.53
Interest & Investment Income	18.53	17.41	4.38	1.18	0.96
Earnings From Equity Investments	-0.79	-0.79	-	-	-4.26
EBT Excluding Unusual Items	53.65	113.84	162.45	-1.72	93.99
Gain (Loss) on Sale of Investments	-	-	0	0.35	-
Asset Writedown	24.13	-31.76	292.35	164.38	38.17
Pretax Income	77.79	82.08	454.79	163.01	132.16
Income Tax Expense	19.32	18.25	97.34	30.21	22.92
Earnings From Continuing Operations	58.46	63.84	357.45	132.81	109.23
Minority Interest in Earnings	-21.06	-16.11	-94.6	-79.35	-48.32
Net Income	37.41	47.72	262.85	53.46	60.91
Net Income to Common	37.41	47.72	262.85	53.46	60.91
Net Income Growth	-78.97%	-81.84%	391.71%	-12.24%	-
Shares Outstanding (Basic)	60	58	56	38	29
Shares Outstanding (Diluted)	61	59	57	39	29
Shares Change (YoY)	3.85%	3.15%	47.41%	33.10%	-
EPS (Basic)	0.62	0.82	4.69	1.40	2.10
EPS (Diluted)	0.61	0.81	4.62	1.40	2.10
EPS Growth	-79.85%	-82.47%	230.00%	-33.33%	-
Free Cash Flow	-668.46	63.24	-683.91	-318.51	157.46
Free Cash Flow Per Share	-10.91	1.08	-12.03	-8.26	5.43
Dividend Per Share	0.157	0.157	0.914	0.640	-
Dividend Growth	-82.83%	-82.83%	42.81%	-	-
Gross Margin	25.15%	24.46%	31.95%	31.46%	35.34%
Operating Margin	13.98%	16.08%	22.26%	6.84%	25.39%
Profit Margin	4.69%	5.32%	28.40%	9.96%	13.47%
Free Cash Flow Margin	-83.72%	7.05%	-73.89%	-59.32%	34.83%
EBITDA	113.77	145.97	207.56	38.09	116.08
EBITDA Margin	14.25%	16.26%	22.43%	7.09%	25.67%
D&A For EBITDA	2.13	1.63	1.49	1.36	1.27
EBIT	111.64	144.34	206.07	36.72	114.81
EBIT Margin	13.98%	16.08%	22.26%	6.84%	25.39%
Effective Tax Rate	24.84%	22.23%	21.40%	18.53%	17.35%
Revenue as Reported	824.58	897.6	1,218	701.3	490.3

Source: S&P Capital IQ. Standard template. Financial Sources.