TLV:ARIN Income Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Rental Revenue	112.96	108.78	101.33	85.12	66.23
Other Revenue	41.32	41.76	12.74	75.91	-
Total Revenue	154.28	150.54	114.08	161.03	66.23
Revenue Growth (YoY	2.49%	31.96%	-29.16%	143.14%	13.71%
Property Expenses	30.03	27.76	26.49	24.65	21.18
Selling, General & Administrative	17.38	14.18	11.33	9.64	7.19
Other Operating Expenses	1.2	7.77	0.04	1.69	-0.27
Total Operating Expenses	48.62	49.7	37.85	35.98	28.1
Operating Income	105.66	100.83	76.22	125.05	38.13
Interest Expense	-50.69	-49.33	-39.01	-44.45	-25.21
Interest & Investment Income	3.23	2.22	1.92	0.46	-
Currency Exchange Gain (Loss)	1.82	3.81	2.61	2.38	0.01
Other Non-Operating Income	-30.01	17.57	3.77	-19.12	-3.77
EBT Excluding Unusual Items	30.02	75.1	45.51	64.32	9.16
Gain (Loss) on Sale of Assets	-	-	-	-0.32	-
Asset Writedown	163.98	45.66	6.55	-52.47	230.28
Total Legal Settlements	-0.35	-1.41	-0.95	1.93	5.36
Other Unusual Items	-	-	-	-	-0.69
Pretax Income	193.64	119.36	51.11	13.46	244.11
Income Tax Expense	41.55	1.59	17.82	23.53	48.58
Earnings From Continuing Operations	152.09	117.77	33.29	-10.07	195.53
Earnings From Discontinued Operations	-	-	-	-	4.17
Net Income to Company	152.09	117.77	33.29	-10.07	199.7
Minority Interest in Earnings	-3.67	0.04	0.6	-0.78	-1.71
Net Income	148.43	117.81	33.89	-10.84	197.99
Net Income to Common	148.43	117.81	33.89	-10.84	197.99
Net Income Growth	25.99%	247.65%	-	-	1388.61%
Basic Shares Outstanding	326	320	316	245	144
Diluted Shares Outstanding	326	320	316	245	144
Shares Change (YoY)	1.86%	1.21%	29.02%	70.17%	1.42%
EPS (Basic)	0.46	0.37	0.11	-0.04	1.37
EPS (Diluted)	0.46	0.37	0.11	-0.04	1.37
EPS Growth	23.68%	243.83%	-	-	1367.74%
Dividend Per Share	-	0.039	0.036	-	-
Dividend Growth	-	8.19%	-	-	-
Operating Margin	68.49%	66.98%	66.82%	77.66%	57.58%
Profit Margin	96.21%	78.26%	29.70%	-6.73%	298.94%
EBITDA	106.1	101.23	76.62	125.41	38.49
EBITDA Margin	68.77%	67.25%	67.16%	77.88%	58.11%
D&A For Ebitda	0.43	0.4	0.39	0.36	0.36
EBIT	105.66	100.83	76.22	125.05	38.13
EBIT Margin	68.49%	66.98%	66.82%	77.66%	57.58%
Effective Tax Rate	21.46%	1.33%	34.87%	174.78%	19.90%

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.