Av-Gad Holdings 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
Revenue	188.42	166.02	104.85	136.73	96.11
Revenue Growth (YoY)	13.49%	58.34%	-23.32%	42.26%	3.25%
Cost of Revenue	175.34	143.61	93.16	116.72	83.74
Gross Profit	13.08	22.41	11.69	20.02	12.37
Selling, General & Admin	25.11	16.67	13.8	12.79	11.94
Other Operating Expenses	-	-	-	-0.55	-
Operating Expenses	25.11	16.67	13.8	12.24	11.94
Operating Income	-12.04	5.74	-2.11	7.78	0.43
Interest Expense	-22.72	-11.67	-7.75	-3.44	-6.57
Interest & Investment Income	4.34	1.09	0.8	-	-
Earnings From Equity Investments	-0.01	-0.01	-0.11	-0.05	1
Other Non Operating Income (Expenses)	-	2.54	1.81	-0.69	-
EBT Excluding Unusual Items	-30.42	-2.32	-7.36	3.61	-5.14
Gain (Loss) on Sale of Assets	16.44	-	-	-	-
Other Unusual Items	-	-	-	-0.82	-
Pretax Income	-13.98	-2.32	-7.36	2.79	-5.14
Income Tax Expense	-2.81	0.02	-0.95	1.89	-0.88
Earnings From Continuing Operations	-11.17	-2.33	-6.41	0.9	-4.26
Minority Interest in Earnings	0.92	-	-	-	-
Net Income	-10.25	-2.33	-6.41	0.9	-4.26
Net Income to Common	-10.25	-2.33	-6.41	0.9	-4.26
Shares Outstanding (Basic)	21	20	19	13	15
Shares Outstanding (Diluted)	21	20	19	14	15
Shares Change (YoY)	4.83%	2.27%	32.20%	-2.91%	24.17%
EPS (Basic)	-0.50	-0.12	-0.34	0.07	-0.29
EPS (Diluted)	-0.50	-0.12	-0.34	0.06	-0.29
Free Cash Flow	-207.32	-30.31	-68.98	13.74	-25.55
Free Cash Flow Per Share	-10.11	-1.55	-3.61	0.95	-1.72
Gross Margin	6.94%	13.50%	11.15%	14.64%	12.87%
Operating Margin	-6.39%	3.46%	-2.02%	5.69%	0.45%
Profit Margin	-5.44%	-1.41%	-6.11%	0.66%	-4.43%
Free Cash Flow Margin	-110.03%	-18.26%	-65.78%	10.04%	-26.58%
EBITDA	-11.25	6.18	-1.77	8.03	0.6
EBITDA Margin	-5.97%	3.72%	-1.69%	5.87%	0.63%
D&A For EBITDA	0.79	0.44	0.34	0.25	0.17
EBIT	-12.04	5.74	-2.11	7.78	0.43
EBIT Margin	-6.39%	3.46%	-2.02%	5.69%	0.45%
Effective Tax Rate	-	-	-	67.81%	-

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