Arad Ltd. Income Statement

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

Millions USD. 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
Revenue	420.76	394.04	361.2	324.08	281.33
Revenue Growth (YoY)	6.78%	9.09%	11.46%	15.19%	12.45%
Cost of Revenue	293.21	277.37	252.36	219.84	191.14
Gross Profit	127.55	116.67	108.84	104.24	90.2
Selling, General & Admin	63.09	58.77	53.92	51.56	46.64
Research & Development	26.5	22.21	21.9	21.36	18.87
Other Operating Expenses	-0.05	-0.27	0.09	0.47	0.01
Operating Expenses	89.54	80.71	75.9	73.39	65.52
Operating Income	38.01	35.96	32.94	30.85	24.67
Interest Expense	-7.44	-5.77	-4.68	-1.83	-2.28
Interest & Investment Income	0.51	0.8	0.51	1.38	0.34
Currency Exchange Gain (Loss)	3.08	-1.35	2.3	0.78	0.64
Other Non Operating Income (Expenses)	1.29	-0.28	0.07	-1.55	-0.62
EBT Excluding Unusual Items	35.45	29.36	31.13	29.63	22.75
Gain (Loss) on Sale of Investments	-	-	-	-1.29	0.47
Legal Settlements	-	-	0.35	-	-3.97
Other Unusual Items	-	-	-	0.7	4.42
Pretax Income	35.45	29.36	31.49	29.03	23.67
Income Tax Expense	5.91	4.87	4.08	11.23	3.49
Earnings From Continuing Operations	29.53	24.49	27.41	17.8	20.18
Minority Interest in Earnings	-0.32	-0.2	-0.38	-0.39	-0.14
Net Income	29.22	24.29	27.02	17.42	20.05
Net Income to Common	29.22	24.29	27.02	17.42	20.05
Net Income Growth	20.26%	-10.10%	55.15%	-13.12%	28.06%
Shares Outstanding (Basic)	25	25	25	25	25
Shares Outstanding (Diluted)	25	25	25	25	25
EPS (Basic)	1.18	0.98	1.09	0.70	0.81
EPS (Diluted)	1.18	0.98	1.09	0.70	0.81
EPS Growth	20.22%	-10.10%	55.15%	-13.12%	28.06%
Free Cash Flow	19.04	22.6	5.16	-15.28	30.53
Free Cash Flow Per Share	0.77	0.91	0.21	-0.62	1.24
Dividend Per Share	0.465	0.485	0.465	0.445	0.408
Dividend Growth	-4.12%	4.30%	4.49%	9.07%	68.18%
Gross Margin	30.31%	29.61%	30.13%	32.16%	32.06%
Operating Margin	9.03%	9.13%	9.12%	9.52%	8.77%
Profit Margin	6.94%	6.17%	7.48%	5.37%	7.13%
Free Cash Flow Margin	4.52%	5.73%	1.43%	-4.71%	10.85%
EBITDA	46.85	44.45	48.06	44.09	37.25
EBITDA Margin	11.13%	11.28%	13.30%	13.60%	13.24%
D&A For EBITDA	8.84	8.48	15.11	13.23	12.58
EBIT	38.01	35.96	32.94	30.85	24.67
EBIT Margin	9.03%	9.13%	9.12%	9.52%	8.77%
Effective Tax Rate	16.68%	16.59%	12.96%	38.68%	14.72%
Advertising Expenses	2.02	1.76	1.46	0.68	0.66

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.