TLV:ADGR Income Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Rental Revenue	338.28	338.03	320.83	279.69	264.73
Gain (Loss) on Sale of Assets (Rev)	66.83	-	-	-	-
Total Revenue	405.11	338.03	320.83	279.69	264.73
Revenue Growth (YoY	19.84%	5.36%	14.71%	5.65%	10.00%
Property Expenses	51.53	49.22	45.84	35.26	25.74
Selling, General & Administrative	55.8	53.76	54.71	47.88	42.24
Total Operating Expenses	107.33	102.98	100.54	83.14	67.98
Operating Income	297.78	235.05	220.29	196.55	196.75
Interest Expense	-201.34	-204.98	-185.53	-207.18	-142.25
Interest & Investment Income	-	10.9	15.77	4.05	0.56
Currency Exchange Gain (Loss)	-	-3.93	0.01	7.05	-1.65
Other Non-Operating Income	58.99	30.54	-29.07	-3.75	41.67
EBT Excluding Unusual Items	155.42	67.59	21.47	-3.29	95.08
Gain (Loss) on Sale of Investments	-	-	0	0	0.06
Gain (Loss) on Sale of Assets	-	-	29.75	23.25	-
Asset Writedown	4.6	-72.1	79.82	-17.25	189.26
Pretax Income	160.02	-4.51	131.04	2.72	284.4
Income Tax Expense	31.92	2.62	35.53	8.15	82.15
Earnings From Continuing Operations	128.11	-7.13	95.51	-5.43	202.25
Net Income	128.11	-7.13	95.51	-5.43	202.25
Net Income to Common	128.11	-7.13	95.51	-5.43	202.25
Basic Shares Outstanding	173	165	165	164	164
Diluted Shares Outstanding	173	165	165	165	164
Shares Change (YoY)	5.01%	-	-0.10%	0.47%	7.82%
EPS (Basic)	0.74	-0.04	0.58	-0.03	1.24
EPS (Diluted)	0.74	-0.04	0.58	-0.03	1.23
Dividend Per Share	-	-	-	0.355	0.328
Dividend Growth	-	-	-	8.13%	19.30%
Operating Margin	73.51%	69.53%	68.66%	70.28%	74.32%
Profit Margin	31.62%	-2.11%	29.77%	-1.94%	76.40%
EBITDA	311.73	248.36	233.19	208.15	207.79
EBITDA Margin	76.95%	73.47%	72.68%	74.42%	78.49%
D&A For Ebitda	13.95	13.32	12.9	11.6	11.04
EBIT	297.78	235.05	220.29	196.55	196.75
EBIT Margin	73.51%	69.53%	68.66%	70.28%	74.32%
Effective Tax Rate	19.95%	-	27.12%	299.85%	28.89%
Revenue as Reported	409.71	265.93	430.4	285.69	454

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