Brand Group (M.G) 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	862.75	356.9	291.35	284.81	199.43
Revenue Growth (YoY)	141.74%	22.50%	2.30%	42.81%	164.59%
Cost of Revenue	805.97	306.63	236.87	235.29	171.04
Gross Profit	56.78	50.27	54.48	49.52	28.39
Selling, General & Admin	78.59	27.5	25.67	23.98	22.27
Other Operating Expenses	-4.06	1.52	2.01	0.79	0.41
Operating Expenses	74.53	34.4	28.47	27.14	24.45
Operating Income	-17.75	15.87	26.01	22.38	3.94
Interest Expense	-31.4	-7.61	-7.32	-2.1	-1.09
Interest & Investment Income	-	5.66	4.83	0.53	0.69
Earnings From Equity Investments	-3.76	-4.85	-4.5	-1.13	-0.12
Other Non Operating Income (Expenses)	11.62	-10.16	-4.25	-1.87	-1.58
EBT Excluding Unusual Items	-41.29	-1.09	14.77	17.81	1.84
Gain (Loss) on Sale of Assets	-	11.28	0.15	0.41	0.78
Pretax Income	-41.29	10.19	14.92	18.22	2.62
Income Tax Expense	-8.41	3.43	3.66	-0.83	3.77
Earnings From Continuing Operations	-32.88	6.76	11.26	19.05	-1.15
Net Income to Company	-32.88	6.76	11.26	19.05	-1.15
Minority Interest in Earnings	-3.49	-1.57	-1.31	-2.34	-2.15
Net Income	-36.37	5.2	9.95	16.71	-3.3
Net Income to Common	-36.37	5.2	9.95	16.71	-3.3
Net Income Growth	-	-47.76%	-40.48%	-	-
Shares Outstanding (Basic)	55	52	51	51	45
Shares Outstanding (Diluted)	56	52	51	51	45
Shares Change (YoY)	8.12%	1.38%	0.84%	12.47%	58.85%
EPS (Basic)	-0.66	0.10	0.19	0.33	-0.07
EPS (Diluted)	-0.66	0.10	0.19	0.33	-0.07
EPS Growth	-	-48.41%	-40.98%	-	-
Free Cash Flow	-19.18	20.74	30.81	-0.93	-11.47
Free Cash Flow Per Share	-0.34	0.40	0.60	-0.02	-0.25
Dividend Per Share	-	0.048	0.058	0.029	-
Dividend Growth	-	-16.67%	95.64%	-	-
Gross Margin	6.58%	14.09%	18.70%	17.39%	14.24%
Operating Margin	-2.06%	4.45%	8.93%	7.86%	1.98%
Profit Margin	-4.21%	1.46%	3.41%	5.87%	-1.65%
Free Cash Flow Margin	-2.22%	5.81%	10.57%	-0.33%	-5.75%
EBITDA	47.49	28.18	32.17	33.45	12.46
EBITDA Margin	5.50%	7.90%	11.04%	11.74%	6.25%
D&A For EBITDA	65.24	12.31	6.16	11.07	8.52
EBIT	-17.75	15.87	26.01	22.38	3.94
EBIT Margin	-2.06%	4.45%	8.93%	7.86%	1.98%
Effective Tax Rate	-	33.65%	24.54%	-	143.79%

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