Ayalon Insurance Company 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
Premiums & Annuity Revenue	5,665	5,479	2,669	2,260	1,981
Total Interest & Dividend Income	-384.53	-333.45	322.72	290.74	175.49
Gain (Loss) on Sale of Investments	1,036	648.76	377.72	-474.26	665.21
Other Revenue	27.19	23.71	258.93	180.94	180.43
Total Revenue	6,357	5,825	3,660	2,290	3,062
Revenue Growth (YoY)	9.13%	59.18%	59.82%	-25.22%	24.41%
Policy Benefits	5,560	5,314	2,459	1,189	2,431
Policy Acquisition & Underwriting Costs	-	-	685.56	615.45	547.25
Selling, General & Administrative	-	-	316.54	304.48	253.19
Other Operating Expenses	112.38	63.46	7.31	-	0.03
Total Operating Expenses	5,673	5,378	3,468	2,109	3,232
Operating Income	684.53	447.81	191.78	181.2	-169.5
Interest Expense	-51.74	-54.34	-60.77	-38.14	-42.92
Earnings From Equity Investments	3.63	3.22	1.73	-1.62	22.52
Currency Exchange Gain (Loss)	-	-	-0.64	5.66	3.03
EBT Excluding Unusual Items	636.42	396.69	132.12	147.11	-186.87
Asset Writedown	-10.02	-	-3.02	47.5	78.02
Pretax Income	626.39	396.69	129.09	194.6	-108.85
Income Tax Expense	200.31	145.73	44.15	27.88	5.18
Earnings From Continuing Ops.	426.08	250.95	84.94	166.72	-114.02
Net Income to Company	426.08	250.95	84.94	166.72	-114.02
Minority Interest in Earnings	-0.01	0.28	-0.03	-0.04	-0.07
Net Income	426.07	251.23	84.91	166.68	-114.09
Net Income to Common	426.07	251.23	84.91	166.68	-114.09
Net Income Growth	69.59%	195.88%	-49.06%	-	-
Shares Outstanding (Basic)	26	24	23	21	18
Shares Outstanding (Diluted)	27	26	26	21	18
Shares Change (YoY)	1.57%	0.81%	27.52%	12.66%	-
EPS (Basic)	16.57	10.68	3.72	8.13	-6.27
EPS (Diluted)	16.00	9.75	3.41	8.13	-6.27
EPS Growth	64.03%	186.37%	-58.10%	-	-
Free Cash Flow	299.89	183.42	-52.07	293.31	-316.71
Free Cash Flow Per Share	11.20	6.96	-1.99	14.31	-17.40
Dividend Per Share	-	3.600	-	-	-
Operating Margin	10.77%	7.69%	5.24%	7.91%	-5.54%
Profit Margin	6.70%	4.31%	2.32%	7.28%	-3.73%
Free Cash Flow Margin	4.72%	3.15%	-1.42%	12.81%	-10.34%
EBITDA	699.62	462.7	212.28	261.06	-101.95
EBITDA Margin	11.00%	7.94%	5.80%	11.40%	-3.33%
D&A For EBITDA	15.1	14.89	20.5	79.86	67.54
EBIT	684.53	447.81	191.78	181.2	-169.5
EBIT Margin	10.77%	7.69%	5.24%	7.91%	-5.54%
Effective Tax Rate	31.98%	36.74%	34.20%	14.33%	-
Revenue as Reported	-	-	3,662	2,351	3,147

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