Ari Real Estate (Arena) Investment Ltd (TLV:ARIN)

TLV:ARIN Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	110.79	108.78	101.33	85.12	66.23	58.24
Other Revenue	41.76	41.76	12.74	75.91	-	-
Total Revenue	152.55	150.54	114.08	161.03	66.23	58.24
Revenue Growth (YoY	39.70%	31.96%	-29.16%	143.14%	13.71%	-22.25%
Property Expenses	28.08	27.76	26.49	24.65	21.18	17.31
Selling, General & Administrative	16.12	14.18	11.33	9.64	7.19	7.09
Other Operating Expenses	-0.47	7.77	0.04	1.69	-0.27	0.19
Total Operating Expenses	43.73	49.7	37.85	35.98	28.1	24.58
Operating Income	108.82	100.83	76.22	125.05	38.13	33.67
Interest Expense	-55.43	-54.23	-39.01	-44.45	-25.21	-12.12
Interest & Investment Income	2.22	2.22	1.92	0.46	-	2.77
Currency Exchange Gain (Loss)	3.81	3.81	2.61	2.38	0.01	0.03
Other Non-Operating Income	6.79	11.69	3.77	-19.12	-3.77	2.49
EBT Excluding Unusual Items	53.13	64.32	45.51	64.32	9.16	26.84
Gain (Loss) on Sale of Assets	-	-	-	-0.32	-	-0.21
Total Insurance Settlements	-	-	-	-	-	0.13
Asset Writedown	54.14	56.45	6.55	-52.47	230.28	-12.45
Total Legal Settlements	-1.41	-1.41	-0.95	1.93	5.36	-6.5
Other Unusual Items	-	-	-	-	-0.69	-
Pretax Income	105.86	119.36	51.11	13.46	244.11	7.8
Income Tax Expense	3.68	1.59	17.82	23.53	48.58	-3.96
Earnings From Continuing Operations	102.18	117.77	33.29	-10.07	195.53	11.76
Earnings From Discontinued Operations	-	-	-	-	4.17	1.8
Net Income to Company	102.18	117.77	33.29	-10.07	199.7	13.57
Minority Interest in Earnings	1.43	0.04	0.6	-0.78	-1.71	-0.27
Net Income	103.61	117.81	33.89	-10.84	197.99	13.3
Net Income to Common	103.61	117.81	33.89	-10.84	197.99	13.3
Net Income Growth	157.69%	247.65%	-	-	1388.61%	-72.69%
Basic Shares Outstanding	319	320	316	245	144	142
Diluted Shares Outstanding	319	320	316	245	144	142
Shares Change (YoY)	1.00%	1.21%	29.02%	70.17%	1.42%	-
EPS (Basic)	0.33	0.37	0.11	-0.04	1.37	0.09
EPS (Diluted)	0.33	0.37	0.11	-0.04	1.37	0.09
EPS Growth	155.14%	243.50%	-	-	1367.74%	-72.69%
Dividend Per Share	0.039	0.039	0.036	-	-	-
Dividend Growth	8.19%	8.19%	-	-	-	-
Operating Margin	71.33%	66.98%	66.82%	77.66%	57.58%	57.80%
Profit Margin	67.92%	78.26%	29.70%	-6.73%	298.94%	22.84%
EBITDA	109.21	101.23	76.62	125.41	38.49	34.03
EBITDA Margin	71.59%	67.25%	67.16%	77.88%	58.11%	58.43%
D&A For Ebitda	0.39	0.4	0.39	0.36	0.36	0.37
EBIT	108.82	100.83	76.22	125.05	38.13	33.67
EBIT Margin	71.33%	66.98%	66.82%	77.66%	57.58%	57.80%
Effective Tax Rate	3.48%	1.33%	34.87%	174.78%	19.90%	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.