Aspen Group Income Statement

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

Millions ILS. 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
Rental Revenue	209.26	211.32	213.71	214.67	190.92	179.1
Other Revenue	-	-	-	-	59	17.12
Total Revenue	209.26	211.32	213.71	214.67	249.92	196.21
Revenue Growth (YoY	-2.65%	-1.12%	-0.45%	-14.10%	27.37%	7.60%
Property Expenses	57.49	59.25	54.64	53.93	93.78	52.94
Selling, General & Administrative	39.52	37.66	24.19	35.48	35.69	27.95
Other Operating Expenses	-1.18	-	-	2.02	3.11	18.69
Total Operating Expenses	95.84	96.9	78.83	91.42	132.57	99.58
Operating Income	113.42	114.42	134.89	123.25	117.34	96.63
Interest Expense	-107.31	-97.17	-96.99	-91.96	-102.98	-87.99
Interest & Investment Income	4.97	4.97	4.61	3.78	0.5	0.27
Income (Loss) on Equity Investments	-6.75	-7.47	-7.44	-0.21	-0.22	12.96
Currency Exchange Gain (Loss)	-0.3	-0.3	-1	4.36	-1.95	3.24
Other Non-Operating Income	-1.89	-1.17	-1.3	-1.39	-1.63	-0.83
EBT Excluding Unusual Items	2.14	13.28	32.77	37.83	11.06	24.28
Gain (Loss) on Sale of Investments	23.53	23.53	5.74	3.2	-18.62	7.57
Asset Writedown	116.42	103.91	-103.69	-113	82.02	205.58
Other Unusual Items	3.57	3.57	-4.72	-	-	-20.73
Pretax Income	145.66	144.29	-69.89	-71.97	74.46	216.71
Income Tax Expense	39.72	39.7	-4.76	-2.59	34.12	42.22
Earnings From Continuing Operations	105.93	104.59	-65.13	-69.38	40.34	174.49
Earnings From Discontinued Operations	-	-	-84.2	-61.42	89.47	-
Net Income to Company	105.93	104.59	-149.32	-130.8	129.81	174.49
Minority Interest in Earnings	-52.98	-51.37	45.99	58.01	-94.48	-82.53
Net Income	52.95	53.22	-103.34	-72.8	35.33	91.96
Net Income to Common	52.95	53.22	-103.34	-72.8	35.33	91.96
Net Income Growth	-	-	-	-	-61.58%	168.85%
Basic Shares Outstanding	63	63	63	62	64	63
Diluted Shares Outstanding	63	63	63	62	64	64
Shares Change (YoY)	-0.04%	0.22%	1.55%	-3.55%	1.24%	5.93%
EPS (Basic)	0.84	0.84	-1.64	-1.17	0.56	1.46
EPS (Diluted)	0.83	0.84	-1.64	-1.17	0.56	1.45
EPS Growth	-	-	-	-	-61.64%	154.39%
Dividend Per Share	0.396	0.396	0.396	0.403	0.395	0.285
Dividend Growth	0.04%	0.04%	-1.84%	2.10%	38.49%	8.23%
Operating Margin	54.20%	54.14%	63.12%	57.41%	46.95%	49.25%
Profit Margin	25.30%	25.19%	-48.35%	-33.91%	14.14%	46.87%
EBITDA	113.68	114.78	139.14	128.81	123.01	101.28
EBITDA Margin	54.33%	54.31%	65.11%	60.00%	49.22%	51.62%
D&A For Ebitda	0.26	0.36	4.26	5.56	5.67	4.65
EBIT	113.42	114.42	134.89	123.25	117.34	96.63
EBIT Margin	54.20%	54.14%	63.12%	57.41%	46.95%	49.25%
Effective Tax Rate	27.27%	27.51%	-	-	45.83%	19.48%
Revenue as Reported	211.32	211.32	213.71	214.67	249.92	196.21