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	Jun '24 Jun 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	425.52	325.71	275.81	246.59	211.78	922.02
Revenue Growth (YoY)	49.26%	18.09%	11.85%	16.44%	-77.03%	-
Cost of Revenue	313.23	234.46	190.36	162	138.98	498.97
Gross Profit	112.29	91.25	85.45	84.59	72.8	423.05
Selling, General & Admin	100.31	85.5	81.18	71.52	59.63	288.81
Other Operating Expenses	-2.69	-2.63	0.79	-1	-0.61	1.7
Operating Expenses	97.61	82.88	81.96	70.52	59.02	290.51
Operating Income	14.68	8.38	3.48	14.07	13.78	132.54
Interest Expense	-17.57	-12.32	-6.07	-4.66	-3.86	-2.82
Interest & Investment Income	1.44	0.65	0.1	0.12	0.17	1.45
Earnings From Equity Investments	29.49	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	27.87	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	27.87	27.69	-0.83	9.39	9.78	138.57
Income Tax Expense	-1.98	-2.04	3.56	-0.87	-5.44	30.69
Earnings From Continuing Operations	29.85	29.73	-4.39	10.26	15.22	107.88
Minority Interest in Earnings	0.14	0.07	0.32	0.16	-0.06	-
Net Income	29.98	29.8	-4.07	10.42	15.16	107.88
Net Income to Common	29.98	29.8	-4.07	10.42	15.16	107.88
Net Income Growth	63.61%	-	-	-31.29%	-85.94%	-
Shares Outstanding (Basic)	19	18	12	6	7	-
Shares Outstanding (Diluted)	19	18	12	6	7	-
Shares Change (YoY)	16.30%	54.79%	94.48%	-14.24%	-	-
EPS (Basic)	1.56	1.65	-0.35	1.89	2.17	-
EPS (Diluted)	1.56	1.65	-0.35	1.74	2.17	-
EPS Growth	40.57%	-	-	-19.82%	-	-
Free Cash Flow	-131.77	-115.6	-50.05	-16.91	-18.17	77.25
Free Cash Flow Per Share	-6.84	-6.41	-4.29	-2.82	-2.60	-
Dividend Per Share	1.130	1.130	-	1.130	-	-
Gross Margin	26.39%	28.02%	30.98%	34.30%	34.37%	45.88%
Operating Margin	3.45%	2.57%	1.26%	5.71%	6.51%	14.38%
Profit Margin	7.05%	9.15%	-1.48%	4.22%	7.16%	11.70%
Free Cash Flow Margin	-30.97%	-35.49%	-18.15%	-6.86%	-8.58%	8.38%
EBITDA	28.57	19.92	15.43	31.52	29.84	185.32
EBITDA Margin	6.71%	6.12%	5.59%	12.78%	14.09%	20.10%
D&A For EBITDA	13.89	11.55	11.94	17.46	16.06	52.78
EBIT	14.68	8.38	3.48	14.07	13.78	132.54
EBIT Margin	3.45%	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.