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	47.77	44.31	32.93	22.72	7.68
Net Interest Income	73.95	72.68	104.67	85.56	33.73
Revenue Before Loan Losses	73.95	72.68	104.67	85.56	33.73
Provision for Loan Losses	11.22	9.46	10.05	5.4	2.29
Revenue	62.73	63.22	94.62	80.16	31.45
Revenue Growth (YoY)	-0.78%	-33.18%	18.03%	154.92%	176.81%
Cost of Services Provided	21.1	22.23	28.13	23.32	15.58
Other Operating Expenses	9.67	-	11.5	7.32	2.09
Total Operating Expenses	31.31	22.61	40.05	30.94	18.59
Operating Income	31.43	40.61	54.57	49.23	12.85
EBT Excluding Unusual Items	32.27	48.43	58.81	49.17	14.62
Gain (Loss) on Sale of Investments	8	-	-	-13.76	11.36
Other Unusual Items	-	-	-	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	1	2	2	1
Shares Outstanding (Diluted)	2	2	2	2	2
Shares Change (YoY)	-0.64%	3.80%	-12.59%	14.71%	60.83%
EPS (Basic)	17.74	31.22	28.33	18.36	13.29
EPS (Diluted)	17.71	21.19	27.17	14.97	11.64
EPS Growth	-16.42%	-22.01%	81.50%	28.61%	-
Free Cash Flow	46.03	-229.31	78.83	-238.71	-109.04
Free Cash Flow Per Share	27.68	-136.98	48.88	-129.39	-67.80
Dividend Per Share	-	-	-	4.066	-
Operating Margin	50.10%	64.24%	57.67%	61.41%	40.87%
Profit Margin	46.96%	56.11%	46.31%	34.45%	59.53%
Free Cash Flow Margin	73.38%	-362.70%	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.