Blackedge 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
Interest and Dividend Income	121.72	116.99	137.6	108.28	41.42
Total Interest Expense	57.44	38.25	32.93	22.72	7.68
Net Interest Income	64.28	78.74	104.67	85.56	33.73
Revenue Before Loan Losses	64.28	78.74	104.67	85.56	33.73
Provision for Loan Losses	11.22	9.46	10.05	5.4	2.29
Revenue	53.06	69.28	94.62	80.16	31.45
Revenue Growth (YoY)	-23.41%	-26.78%	18.03%	154.92%	176.81%
Cost of Services Provided	21.1	22.23	28.13	23.32	15.58
Other Operating Expenses	-	6.06	11.5	7.32	2.09
Total Operating Expenses	21.63	28.67	40.05	30.94	18.59
Operating Income	31.43	40.61	54.57	49.23	12.85
EBT Excluding Unusual Items	40.27	40.72	54.74	49.17	14.62
Gain (Loss) on Sale of Investments	-	7.67	0.96	-13.76	11.36
Other Unusual Items	-	0.05	3.12	0.83	-
Pretax Income	40.27	48.43	58.81	36.23	25.98
Income Tax Expense	10.81	12.96	15	8.62	7.26
Net Income	29.46	35.47	43.82	27.62	18.72
Net Income to Common	29.46	35.47	43.82	27.62	18.72
Net Income Growth	-16.96%	-19.04%	58.65%	47.52%	-
Shares Outstanding (Basic)	2	2	2	2	1
Shares Outstanding (Diluted)	2	2	2	2	2
Shares Change (YoY)	4.04%	-0.87%	-12.59%	14.71%	60.83%
EPS (Basic)	17.74	22.31	28.33	18.36	13.29
EPS (Diluted)	17.71	22.19	27.17	14.97	11.64
EPS Growth	-20.19%	-18.33%	81.50%	28.61%	-
Free Cash Flow	46.03	-229.31	78.83	-238.71	-109.04
Free Cash Flow Per Share	27.68	-143.43	48.88	-129.39	-67.80
Dividend Per Share	-	-	-	4.066	-
Operating Margin	59.23%	58.62%	57.67%	61.41%	40.87%
Profit Margin	55.51%	51.20%	46.31%	34.45%	59.53%
Free Cash Flow Margin	86.75%	-330.98%	83.31%	-297.78%	-346.75%
Effective Tax Rate	26.85%	26.76%	25.50%	23.78%	27.93%

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