Aran Research & Development (1982) Ltd. (TLV: ARAN)

ARAN Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	177.83	171.95	172.82	204.76	96	114.21
Revenue Growth (YoY)	8.56%	-0.50%	-15.60%	113.29%	-15.94%	-17.09%
Cost of Revenue	151.78	152.14	137.22	167.53	74.01	91.82
Gross Profit	26.05	19.81	35.6	37.23	22	22.4
Selling, General & Admin	25.05	23.88	28.38	25.04	19.42	22.06
Other Operating Expenses	0.09	0.02	-0.24	-	-	-
Operating Expenses	25.14	23.9	28.14	25.04	19.42	22.06
Operating Income	0.91	-4.1	7.46	12.19	2.58	0.34
Interest Expense	-2.62	-1.71	-1.95	-0.67	-0.88	-0.84
Interest & Investment Income	1.19	3.24	3.12	0.87	1.23	0.82
Earnings From Equity Investments	0.09	1.55	1.89	1.55	1.17	2
Currency Exchange Gain (Loss)	2.83	2.83	3.73	-1.59	-1.58	-1.18
Other Non Operating Income (Expenses)	-0.15	-0.15	-0.05	-0.09	0.56	0.6
EBT Excluding Unusual Items	2.26	1.68	14.2	12.25	3.07	1.74
Gain (Loss) on Sale of Assets	3.37	9.13	25.34	-0.05	0.17	-0.08
Pretax Income	5.63	10.81	39.53	12.2	3.25	1.66
Income Tax Expense	0.85	1.64	11.18	2.51	0.44	-0.08
Earnings From Continuing Operations	4.78	9.17	28.35	9.69	2.81	1.75
Earnings From Discontinued Operations	8.25	8.59	0.58	0.56	-	-
Net Income to Company	13.03	17.76	28.93	10.25	2.81	1.75
Minority Interest in Earnings	-0.36	-1.67	-5.43	0.7	0.2	0.59
Net Income	12.67	16.09	23.5	10.94	3.01	2.33
Net Income to Common	12.67	16.09	23.5	10.94	3.01	2.33
Net Income Growth	-20.39%	-31.54%	114.71%	263.55%	29.02%	-74.27%
Shares Outstanding (Basic)	5	5	5	5	5	5
Shares Outstanding (Diluted)	5	5	5	5	5	5
EPS (Basic)	2.59	3.29	4.81	2.24	0.62	0.48
EPS (Diluted)	2.59	3.29	4.81	2.24	0.62	0.48
EPS Growth	-20.46%	-31.58%	114.71%	263.56%	29.02%	-74.27%
Free Cash Flow	7.04	-1	-54.91	-25.06	25.11	3.63
Free Cash Flow Per Share	1.44	-0.20	-11.24	-5.13	5.14	0.74
Dividend Per Share	-	-	-	1.228	-	-
Gross Margin	14.65%	11.52%	20.60%	18.18%	22.91%	19.61%
Operating Margin	0.51%	-2.38%	4.32%	5.95%	2.68%	0.30%
Profit Margin	7.13%	9.36%	13.60%	5.34%	3.14%	2.04%
Free Cash Flow Margin	3.96%	-0.58%	-31.77%	-12.24%	26.15%	3.17%
EBITDA	5.01	-1.61	9.53	18.47	8.52	6.56
EBITDA Margin	2.82%	-0.94%	5.52%	9.02%	8.87%	5.74%
D&A For EBITDA	4.1	2.49	2.08	6.28	5.94	6.22
EBIT	0.91	-4.1	7.46	12.19	2.58	0.34
EBIT Margin	0.51%	-2.38%	4.32%	5.95%	2.68%	0.30%
Effective Tax Rate	15.02%	15.17%	28.28%	20.60%	13.41%	-

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