Ashdod Refinery Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	2,981	3,028	3,216	3,774	4,193	2,523
Revenue Growth (YoY)	-5.69%	-5.85%	-14.79%	-9.99%	66.19%	62.15%
Cost of Revenue	2,955	2,956	3,173	3,544	4,073	2,518
Gross Profit	26	72	43	230	120	5
Selling, General & Admin	25	24	28	23	22	18
Other Operating Expenses	-25	-25	10	13	13	9
Operating Expenses	-	-1	38	36	35	27
Operating Income	26	73	5	194	85	-22
Interest Expense	-47	-36	-34	-31	-22	-14
Interest & Investment Income	-	3	1	2	-	-
Currency Exchange Gain (Loss)	-41	-41	-11	-8	-	-
Other Non Operating Income (Expenses)	-9	-9	-7	-18	-	-
EBT Excluding Unusual Items	-71	-10	-46	139	63	-36
Pretax Income	-71	-10	-46	139	63	-36
Income Tax Expense	-25	-13	-12	23	11	-6
Net Income	-46	3	-34	116	52	-30
Net Income to Common	-46	3	-34	116	52	-30
Net Income Growth	-	-	-	123.08%	-	-
Shares Outstanding (Basic)	12	12	12	12	11	11
Shares Outstanding (Diluted)	12	12	12	12	11	11
Shares Change (YoY)	-2.96%	-	-	11.11%	-	-
EPS (Basic)	-3.74	0.24	-2.72	9.28	4.62	-2.67
EPS (Diluted)	-3.79	0.20	-2.72	9.28	4.62	-2.67
EPS Growth	-	-	-	100.77%	-	-
Free Cash Flow	27	104	84	260	-241	169
Free Cash Flow Per Share	2.20	8.32	6.72	20.81	-21.43	15.03
Dividend Per Share	-	-	-	4.392	-	-
Gross Margin	0.87%	2.38%	1.34%	6.09%	2.86%	0.20%
Operating Margin	0.87%	2.41%	0.15%	5.14%	2.03%	-0.87%
Profit Margin	-1.54%	0.10%	-1.06%	3.07%	1.24%	-1.19%
Free Cash Flow Margin	0.91%	3.44%	2.61%	6.89%	-5.75%	6.70%
EBITDA	85	135	66	255	144	50
EBITDA Margin	2.85%	4.46%	2.05%	6.76%	3.43%	1.98%
D&A For EBITDA	59	62	61	61	59	72
EBIT	26	73	5	194	85	-22
EBIT Margin	0.87%	2.41%	0.15%	5.14%	2.03%	-0.87%
Effective Tax Rate	-	-	-	16.55%	17.46%	-