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
Total Revenue	338.28	338.03	320.83	279.69	264.73
Revenue Growth (YoY	0.07%	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	230.96	235.05	220.29	196.55	196.75
Interest Expense	-188.28	-204.98	-185.53	-207.18	-142.25
Interest & Investment Income	15.08	10.9	15.77	4.05	0.56
Currency Exchange Gain (Loss)	-2.16	-3.93	0.01	7.05	-1.65
Other Non-Operating Income	33	30.54	-29.07	-3.75	41.67
EBT Excluding Unusual Items	88.6	67.59	21.47	-3.29	95.08
Gain (Loss) on Sale of Investments	0	-	0	0	0.06
Gain (Loss) on Sale of Assets	66.83	-	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	172	165	165	164	164
Diluted Shares Outstanding	172	165	165	165	164
Shares Change (YoY)	4.48%	-	-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	0.106	-	-	0.355	0.328
Dividend Growth	-	-	-	8.13%	19.30%
Operating Margin	68.27%	69.53%	68.66%	70.28%	74.32%
Profit Margin	37.87%	-2.11%	29.77%	-1.94%	76.40%
EBITDA	244.9	248.36	233.19	208.15	207.79
EBITDA Margin	72.40%	73.47%	72.68%	74.42%	78.49%
D&A For Ebitda	13.95	13.32	12.9	11.6	11.04
EBIT	230.96	235.05	220.29	196.55	196.75
EBIT Margin	68.27%	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.