Ashdod Refinery Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	3,002	3,216	3,774	4,193	2,523	1,556
Revenue Growth (YoY)	-10.01%	-14.79%	-9.99%	66.19%	62.15%	-
Cost of Revenue	3,042	3,173	3,544	4,073	2,518	1,659
Gross Profit	-40	43	230	120	5	-103.27
Selling, General & Admin	27	28	23	22	18	17.42
Other Operating Expenses	9	10	13	13	9	6.53
Operating Expenses	36	38	36	35	27	23.95
Operating Income	-76	5	194	85	-22	-127.22
Interest Expense	-77	-54	-58	-22	-14	-13.69
Interest & Investment Income	-	3	3	-	-	-
EBT Excluding Unusual Items	-153	-46	139	63	-36	-140.91
Asset Writedown	-	-	-	-	-	-105.14
Pretax Income	-153	-46	139	63	-36	-246.05
Income Tax Expense	-34	-12	23	11	-6	-39.19
Net Income	-119	-34	116	52	-30	-206.86
Net Income to Common	-119	-34	116	52	-30	-206.86
Net Income Growth	-	-	123.08%	-	-	-
Shares Outstanding (Basic)	13	12	12	11	11	-
Shares Outstanding (Diluted)	13	12	12	11	11	-
Shares Change (YoY)	-5.78%	-	11.11%	-	-	-
EPS (Basic)	-9.47	-2.72	9.28	4.62	-2.67	-
EPS (Diluted)	-9.47	-2.72	9.28	4.62	-2.67	-
EPS Growth	-	-	100.77%	-	-	-
Free Cash Flow	78	84	260	-241	169	-189.75
Free Cash Flow Per Share	6.21	6.72	20.81	-21.43	15.03	-
Dividend Per Share	-	-	4.392	-	-	-
Gross Margin	-1.33%	1.34%	6.09%	2.86%	0.20%	-6.64%
Operating Margin	-2.53%	0.15%	5.14%	2.03%	-0.87%	-8.18%
Profit Margin	-3.96%	-1.06%	3.07%	1.24%	-1.19%	-13.30%
Free Cash Flow Margin	2.60%	2.61%	6.89%	-5.75%	6.70%	-12.20%
EBITDA	-13	66	255	144	50	-59.1
EBITDA Margin	-0.43%	2.05%	6.76%	3.43%	1.98%	-3.80%
D&A For EBITDA	63	61	61	59	72	68.12
EBIT	-76	5	194	85	-22	-127.22
EBIT Margin	-2.53%	0.15%	5.14%	2.03%	-0.87%	-8.18%
Effective Tax Rate	-	-	16.55%	17.46%	-	-