Carasso Real Estate Income Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	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	443.83	618.24	579.17	353.83	230.1
Revenue Growth (YoY)	-28.21%	6.75%	63.69%	53.77%	-
Cost of Revenue	313.33	472.64	472.08	296.11	152.92
Gross Profit	130.51	145.6	107.09	57.72	77.18
Selling, General & Admin	61.18	61.38	40.97	35.6	41.64
Other Operating Expenses	3.31	2.27	11.81	3.16	1.37
Operating Expenses	64.49	63.65	52.78	38.75	43.01
Operating Income	66.02	81.94	54.31	18.97	34.17
Interest Expense	-73.47	-63.5	-46.59	-33.89	-35.91
Interest & Investment Income	12.21	5.74	5.95	1.96	3.7
Earnings From Equity Investments	2.78	-5.16	-0.81	-4.83	4.69
Other Non Operating Income (Expenses)	-4.75	-14.18	-21.78	-6.83	-6.43
EBT Excluding Unusual Items	2.78	4.84	-8.92	-24.63	0.22
Gain (Loss) on Sale of Assets	0.38	0.19	0.27	-0.07	-
Asset Writedown	12.67	130.27	125.63	36.33	82.55
Pretax Income	15.84	135.29	116.97	11.63	82.77
Income Tax Expense	-1.32	24.49	33.44	10.49	19.37
Earnings From Continuing Operations	17.16	110.8	83.54	1.14	63.4
Minority Interest in Earnings	0.19	-1.59	-4.91	-2.25	-4.25
Net Income	17.35	109.21	78.63	-1.11	59.15
Net Income to Common	17.35	109.21	78.63	-1.11	59.15
Net Income Growth	-84.11%	38.89%	-	-	-
Shares Outstanding (Basic)	54	49	40	40	40
Shares Outstanding (Diluted)	54	49	40	40	40
Shares Change (YoY)	11.54%	20.09%	-	-	-
EPS (Basic)	0.32	2.25	1.94	-0.03	1.46
EPS (Diluted)	0.32	2.25	1.94	-0.03	1.46
EPS Growth	-85.77%	15.65%	-	-	-
Free Cash Flow	-357.31	56.33	175.79	-138.63	-56.97
Free Cash Flow Per Share	-6.60	1.16	4.35	-3.43	-1.41
Dividend Per Share	0.370	-	-	-	-
Gross Margin	29.40%	23.55%	18.49%	16.31%	33.54%
Operating Margin	14.88%	13.25%	9.38%	5.36%	14.85%
Profit Margin	3.91%	17.66%	13.58%	-0.32%	25.71%
Free Cash Flow Margin	-80.51%	9.11%	30.35%	-39.18%	-24.76%
EBITDA	68.75	84.01	56.08	20.42	35.68
EBITDA Margin	15.49%	13.59%	9.68%	5.77%	15.51%
D&A For EBITDA	2.73	2.07	1.78	1.45	1.51
EBIT	66.02	81.94	54.31	18.97	34.17
EBIT Margin	14.88%	13.25%	9.38%	5.36%	14.85%
Effective Tax Rate	-	18.10%	28.58%	90.24%	23.40%
Revenue as Reported	456.51	748.5	704.8	390.16	312.64

Updated Nov 28, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.