TLV:AZRM 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	1,879	1,752	1,470	1,104	1,510
Revenue Growth (YoY)	7.26%	19.18%	33.14%	-26.87%	20.88%
Cost of Revenue	1,408	1,305	1,119	825.31	1,206
Gross Profit	471.76	447.05	351.02	278.95	304.39
Selling, General & Admin	119.33	101.41	85	78.32	79.09
Other Operating Expenses	5.07	17.15	-4.82	1.15	2.43
Operating Expenses	124.4	118.57	80.18	79.47	81.52
Operating Income	347.37	328.49	270.85	199.48	222.87
Interest Expense	-212.53	-143.83	-113.18	-75.15	-52.83
Interest & Investment Income	-	29.01	34.76	11.04	0.56
Earnings From Equity Investments	-1.36	-12.94	-31.74	10.66	87.96
Other Non Operating Income (Expenses)	63.17	-1.61	12.08	-9.55	6.28
EBT Excluding Unusual Items	196.65	199.12	172.76	136.48	264.84
Gain (Loss) on Sale of Investments	-	11.59	-52.69	-	-
Gain (Loss) on Sale of Assets	-	-0.57	-5.27	-0.16	-0.25
Asset Writedown	107.09	-0.08	142.26	74.66	126.64
Pretax Income	303.74	210.05	257.06	210.98	391.22
Income Tax Expense	63.56	47.37	80.66	39.44	69.19
Earnings From Continuing Operations	240.18	162.68	176.4	171.54	322.03
Net Income	240.18	162.68	176.4	171.54	322.03
Net Income to Common	240.18	162.68	176.4	171.54	322.03
Net Income Growth	47.64%	-7.78%	2.83%	-46.73%	190.49%
Shares Outstanding (Basic)	211	211	211	211	211
Shares Outstanding (Diluted)	211	211	211	211	211
Shares Change (YoY)	-0.09%	0.03%	0.04%	-	-
EPS (Basic)	1.14	0.77	0.84	0.81	1.53
EPS (Diluted)	1.14	0.77	0.84	0.81	1.53
EPS Growth	48.05%	-7.98%	2.79%	-46.73%	190.49%
Dividend Per Share	-	0.189	-	-	0.190
Gross Margin	25.10%	25.52%	23.88%	25.26%	20.16%
Operating Margin	18.48%	18.75%	18.42%	18.07%	14.76%
Profit Margin	12.78%	9.29%	12.00%	15.53%	21.33%
EBITDA	349.3	330.5	273.29	202.22	225.88
EBITDA Margin	18.59%	18.86%	18.59%	18.31%	14.96%
D&A For EBITDA	1.93	2.01	2.44	2.74	3.02
EBIT	347.37	328.49	270.85	199.48	222.87
EBIT Margin	18.48%	18.75%	18.42%	18.07%	14.76%
Effective Tax Rate	20.93%	22.55%	31.38%	18.69%	17.69%
Revenue as Reported	1,879	1,752	1,470	1,104	1,510

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