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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	111.02	108.78	101.33	85.12	66.23	58.24
Other Revenue	41.76	41.76	12.74	75.91	-	-
Total Revenue	152.78	150.54	114.08	161.03	66.23	58.24
Revenue Growth (YoY	43.42%	31.96%	-29.16%	143.14%	13.71%	-22.25%
Property Expenses	28.92	27.76	26.49	24.65	21.18	17.31
Selling, General & Administrative	16.36	14.18	11.33	9.64	7.19	7.09
Other Operating Expenses	-0.97	7.77	0.04	1.69	-0.27	0.19
Total Operating Expenses	44.3	49.7	37.85	35.98	28.1	24.58
Operating Income	108.48	100.83	76.22	125.05	38.13	33.67
Interest Expense	-58.06	-54.23	-39.01	-44.45	-25.21	-12.12
Interest & Investment Income	-4.2	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	11.69	11.69	3.77	-19.12	-3.77	2.49
EBT Excluding Unusual Items	48.42	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	62.39	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	109.4	119.36	51.11	13.46	244.11	7.8
Income Tax Expense	4.62	1.59	17.82	23.53	48.58	-3.96
Earnings From Continuing Operations	104.79	117.77	33.29	-10.07	195.53	11.76
Earnings From Discontinued Operations	-	-	-	-	4.17	1.8
Net Income to Company	104.79	117.77	33.29	-10.07	199.7	13.57
Minority Interest in Earnings	1.75	0.04	0.6	-0.78	-1.71	-0.27
Net Income	106.54	117.81	33.89	-10.84	197.99	13.3
Net Income to Common	106.54	117.81	33.89	-10.84	197.99	13.3
Net Income Growth	294.32%	247.65%	-	-	1388.61%	-72.69%
Basic Shares Outstanding	320	320	316	245	144	142
Diluted Shares Outstanding	320	320	316	245	144	142
Shares Change (YoY)	-0.20%	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	295.10%	243.50%	-	-	1367.74%	-72.69%
Dividend Per Share	0.039	0.039	0.036	-	-	-
Dividend Growth	8.19%	8.19%	-	-	-	-
Operating Margin	71.00%	66.98%	66.82%	77.66%	57.58%	57.80%
Profit Margin	69.73%	78.26%	29.70%	-6.73%	298.94%	22.84%
EBITDA	108.92	101.23	76.62	125.41	38.49	34.03
EBITDA Margin	71.29%	67.25%	67.16%	77.88%	58.11%	58.43%
D&A For Ebitda	0.44	0.4	0.39	0.36	0.36	0.37
EBIT	108.48	100.83	76.22	125.05	38.13	33.67
EBIT Margin	71.00%	66.98%	66.82%	77.66%	57.58%	57.80%
Effective Tax Rate	4.22%	1.33%	34.87%	174.78%	19.90%	-

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