Ashdod Refinery Income Statement

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

Millions USD. 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
Revenue	3,336	3,774	4,193	2,523	5,002
Revenue Growth (YoY)	-15.39%	-9.99%	66.19%	-49.56%	-
Cost of Revenue	3,275	3,544	4,073	2,518	5,334
Gross Profit	61	230	120	5	-332
Selling, General & Admin	27	23	22	18	56
Other Operating Expenses	13	13	13	9	21
Operating Expenses	40	36	35	27	77
Operating Income	21	194	85	-22	-409
Interest Expense	-59	-58	-22	-14	-44
Other Non Operating Income (Expenses)	3	3	-	-	-
EBT Excluding Unusual Items	-33	139	63	-36	-453
Asset Writedown	-	-	-	-	-338
Pretax Income	-33	139	63	-36	-791
Income Tax Expense	-7	23	11	-6	-126
Net Income	-26	116	52	-30	-665
Net Income to Common	-26	116	52	-30	-665
Net Income Growth	-	123.08%	-	-	-
Shares Outstanding (Basic)	13	12	11	11	-
Shares Outstanding (Diluted)	13	12	11	11	-
Shares Change (YoY)	19.51%	11.11%	-	-	-
EPS (Basic)	-1.95	9.28	4.62	-2.67	-
EPS (Diluted)	-1.95	9.28	4.62	-2.67	-
EPS Growth	-	100.77%	-	-	-
Free Cash Flow	82	260	-241	169	-610
Free Cash Flow Per Share	6.15	20.81	-21.43	15.03	-
Dividend Per Share	4.392	4.392	-	-	-
Gross Margin	1.83%	6.09%	2.86%	0.20%	-6.64%
Operating Margin	0.63%	5.14%	2.03%	-0.87%	-8.18%
Profit Margin	-0.78%	3.07%	1.24%	-1.19%	-13.29%
Free Cash Flow Margin	2.46%	6.89%	-5.75%	6.70%	-12.20%
EBITDA	88	261	152	50	-190
EBITDA Margin	2.64%	6.92%	3.62%	1.98%	-3.80%
D&A For EBITDA	67	67	67	72	219
EBIT	21	194	85	-22	-409
EBIT Margin	0.63%	5.14%	2.03%	-0.87%	-8.18%
Effective Tax Rate	-	16.55%	17.46%	-	-

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