Carmel Corp Income Statement

Financials in millions ILS. Fiscal year is January - December.

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	471.75	325.71	275.81	246.59	211.78	922.02
Revenue Growth (YoY)	57.84%	18.09%	11.85%	16.44%	-77.03%	-
Cost of Revenue	352.73	234.46	190.36	162	138.98	498.97
Gross Profit	119.02	91.25	85.45	84.59	72.8	423.05
Selling, General & Admin	108.4	85.5	81.18	71.52	59.63	288.81
Other Operating Expenses	-2.07	-2.63	0.79	-1	-0.61	1.7
Operating Expenses	106.33	82.88	81.96	70.52	59.02	290.51
Operating Income	12.69	8.38	3.48	14.07	13.78	132.54
Interest Expense	-17.73	-12.32	-6.07	-4.66	-3.86	-2.82
Interest & Investment Income	1.51	0.65	0.1	0.12	0.17	1.45
Earnings From Equity Investments	30.24	31.14	9.03	-0.2	0.1	4.36
Currency Exchange Gain (Loss)	-0.52	-0.52	0.8	0.38	-0.19	-1.17
Other Non Operating Income (Expenses)	0.37	0.37	-0.98	-0.32	-0.22	0.27
EBT Excluding Unusual Items	26.56	27.69	6.36	9.39	9.78	134.64
Merger & Restructuring Charges	-	-	-1.14	-	-	-
Gain (Loss) on Sale of Investments	-	-	-	-	-	0.89
Gain (Loss) on Sale of Assets	-	-	-	-	-	3.04
Other Unusual Items	-	-	-7.5	-	-	-
Pretax Income	26.56	27.69	-0.83	9.39	9.78	138.57
Income Tax Expense	-1.39	-2.04	3.56	-0.87	-5.44	30.69
Earnings From Continuing Operations	27.94	29.73	-4.39	10.26	15.22	107.88
Minority Interest in Earnings	0.07	0.07	0.32	0.16	-0.06	-
Net Income	28.02	29.8	-4.07	10.42	15.16	107.88
Net Income to Common	28.02	29.8	-4.07	10.42	15.16	107.88
Net Income Growth	16.62%	-	-	-31.29%	-85.94%	-
Shares Outstanding (Basic)	19	18	12	6	7	-
Shares Outstanding (Diluted)	19	18	12	6	7	-
Shares Change (YoY)	8.06%	54.79%	94.48%	-14.24%	-	-
EPS (Basic)	1.46	1.65	-0.35	1.89	2.17	-
EPS (Diluted)	1.46	1.65	-0.35	1.74	2.17	-
EPS Growth	7.82%	-	-	-19.82%	-	-
Free Cash Flow	-71.83	-115.6	-50.05	-16.91	-18.17	77.25
Free Cash Flow Per Share	-3.74	-6.41	-4.29	-2.82	-2.60	-
Dividend Per Share	1.130	1.130	-	1.130	-	-
Gross Margin	25.23%	28.02%	30.98%	34.30%	34.37%	45.88%
Operating Margin	2.69%	2.57%	1.26%	5.71%	6.51%	14.38%
Profit Margin	5.94%	9.15%	-1.48%	4.22%	7.16%	11.70%
Free Cash Flow Margin	-15.23%	-35.49%	-18.15%	-6.86%	-8.58%	8.38%
EBITDA	26.99	19.92	15.43	31.52	29.84	185.32
EBITDA Margin	5.72%	6.12%	5.59%	12.78%	14.09%	20.10%
D&A For EBITDA	14.3	11.55	11.94	17.46	16.06	52.78
EBIT	12.69	8.38	3.48	14.07	13.78	132.54
EBIT Margin	2.69%	2.57%	1.26%	5.71%	6.51%	14.38%
Effective Tax Rate	-	-	-	-	-	22.15%
Advertising Expenses	-	-	-	-	-	39.12

Source: S&P Capital IQ. Standard template. Financial Sources.