Carmel Corp 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	462.42	485.34	325.71	275.81	246.59
Revenue Growth (YoY)	-4.72%	49.01%	18.09%	11.85%	16.43%
Cost of Revenue	361.47	365.29	234.46	190.36	162
Gross Profit	100.95	120.04	91.25	85.45	84.59
Selling, General & Admin	126.29	113.66	85.5	84.1	71.52
Other Operating Expenses	3.48	-2.28	-3.19	-1.14	-1
Operating Expenses	129.77	111.38	82.31	82.96	70.52
Operating Income	-28.82	8.67	8.94	2.48	14.07
Interest Expense	-17.59	-17.23	-12.32	-6.07	-4.66
Interest & Investment Income	-	1.7	0.65	0.1	0.12
Earnings From Equity Investments	14.85	28.54	31.14	9.03	-0.2
Currency Exchange Gain (Loss)	-	0.49	-0.52	0.8	0.38
Other Non Operating Income (Expenses)	2.45	-0.57	-0.2	0.02	-0.32
EBT Excluding Unusual Items	-29.12	21.6	27.69	6.36	9.39
Merger & Restructuring Charges	-	-	-	-1.14	-
Other Unusual Items	-	-	-	-7.5	-
Pretax Income	-29.12	22.28	27.69	-0.83	9.39
Income Tax Expense	0.63	1.52	-2.04	3.56	-0.87
Earnings From Continuing Operations	-29.75	20.76	29.73	-4.39	10.26
Minority Interest in Earnings	0.36	0.12	0.07	0.32	0.16
Net Income	-29.39	20.88	29.8	-4.07	10.42
Net Income to Common	-29.39	20.88	29.8	-4.07	10.42
Net Income Growth	-	-29.93%	-	-	-31.29%
Shares Outstanding (Basic)	20	19	18	12	6
Shares Outstanding (Diluted)	20	19	18	12	6
Shares Change (YoY)	2.69%	7.93%	54.79%	94.48%	-14.24%
EPS (Basic)	-1.47	1.07	1.65	-0.35	1.89
EPS (Diluted)	-1.47	1.07	1.65	-0.35	1.74
EPS Growth	-	-35.23%	-	-	-19.82%
Free Cash Flow	-74.85	0.17	-113.63	-50.05	-16.91
Free Cash Flow Per Share	-3.74	0.01	-6.30	-4.29	-2.82
Dividend Per Share	-	-	-	-	1.130
Gross Margin	21.83%	24.73%	28.02%	30.98%	34.30%
Operating Margin	-6.23%	1.79%	2.74%	0.90%	5.71%
Profit Margin	-6.35%	4.30%	9.15%	-1.48%	4.23%
Free Cash Flow Margin	-16.19%	0.03%	-34.88%	-18.15%	-6.86%
EBITDA	-0.87	19.4	20.49	20.89	31.52
EBITDA Margin	-0.19%	4.00%	6.29%	7.58%	12.78%
D&A For EBITDA	27.96	10.74	11.55	18.41	17.46
EBIT	-28.82	8.67	8.94	2.48	14.07
EBIT Margin	-6.23%	1.79%	2.74%	0.90%	5.71%
Effective Tax Rate	-	6.82%	-	-	-

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