Cando Drones 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	7.03	6.31	6.13
Revenue Growth	11.40%	2.95%	-
Cost of Revenue	5.57	3.8	4.9
Gross Profit	1.46	2.51	1.23
Selling, General & Admin	7.67	3.55	2.9
Research & Development	2.59	3.8	4.33
Other Operating Expenses	0.05	0.13	0.01
Operating Expenses	10.31	7.48	7.24
Operating Income	-8.85	-4.97	-6.01
Interest Expense	-0.99	-0.78	-0.19
Interest & Investment Income	0	0.01	0
Earnings From Equity Investments	-1.87	-0.53	-
Other Non Operating Income (Expenses)	-0.16	-0.2	-0.17
Pretax Income	-11.87	-6.47	-6.36
Income Tax Expense	-	-0.03	-0.08
Earnings From Continuing Operations	-11.87	-6.44	-6.28
Minority Interest in Earnings	2.14	1.31	0.7
Net Income	-9.73	-5.13	-5.58
Net Income to Common	-9.73	-5.13	-5.58
Net Income Growth	-	-	-
Shares Outstanding (Basic)	1	1	0
Shares Outstanding (Diluted)	1	1	0
Shares Change	43.88%	60.88%	-
EPS (Basic)	-8.95	-6.79	-11.88
EPS (Diluted)	-8.95	-6.79	-11.88
EPS Growth	-	-	-
Free Cash Flow	-4.39	-3.64	-4.88
Free Cash Flow Per Share	-4.04	-4.82	-10.40
Gross Margin	20.79%	39.82%	20.05%
Operating Margin	-125.88%	-78.79%	-98.02%
Profit Margin	-138.38%	-81.28%	-91.01%
Free Cash Flow Margin	-62.46%	-57.66%	-79.70%
EBITDA	-7.16	-3.28	-4.83
EBITDA Margin	-101.88%	-51.99%	-78.75%
D&A For EBITDA	1.69	1.69	1.18
EBIT	-8.85	-4.97	-6.01
EBIT Margin	-125.88%	-78.79%	-98.02%