Dor Alon Energy In Israel (1988) Ltd (TLV: DRAL)

DRAL Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	7,203	7,445	8,165	4,738	2,979	4,110
Revenue Growth (YoY)	-11.02%	-8.82%	72.32%	59.06%	-27.53%	-4.22%
Cost of Revenue	6,119	6,367	7,082	3,678	2,105	3,195
Gross Profit	1,084	1,078	1,083	1,060	873.85	915.61
Selling, General & Admin	926.92	940.88	924.34	859.65	763.87	770.95
Other Operating Expenses	-6.3	-1.31	16.36	8.5	4.55	-2.98
Operating Expenses	920.63	939.57	940.7	868.16	768.41	767.97
Operating Income	163.55	138.18	142.12	191.66	105.43	147.64
Interest Expense	-172.76	-172.76	-164.13	-97.1	-94.47	-95.18
Interest & Investment Income	36.64	41.19	10.83	89.82	26.23	35.23
Earnings From Equity Investments	38.97	39.34	38.8	43.38	20.21	26.4
Currency Exchange Gain (Loss)	17.3	17.3	0.47	5.46	10.42	17.42
Other Non Operating Income (Expenses)	-16.91	-21.3	-49.06	-29.03	-35.77	-28.78
EBT Excluding Unusual Items	66.79	41.95	-20.98	204.18	32.06	102.73
Gain (Loss) on Sale of Assets	0.74	0.74	1.9	0.74	-0.14	0.22
Asset Writedown	1.6	3.84	66.23	52.24	40.3	83.66
Other Unusual Items	-3	-3	-0.4	-	-	-
Pretax Income	66.14	43.53	46.75	257.16	72.22	186.6
Income Tax Expense	5.18	1.89	3.14	51.13	11.16	38.59
Earnings From Continuing Operations	60.95	41.65	43.61	206.03	61.06	148.02
Earnings From Discontinued Operations	-	24.65	-17.19	2.44	3.82	-
Net Income to Company	60.95	66.3	26.42	208.47	64.88	148.02
Minority Interest in Earnings	0.14	0.14	0.14	0.14	0.14	0.28
Net Income	61.09	66.44	26.56	208.61	65.02	148.3
Net Income to Common	61.09	66.44	26.56	208.61	65.02	148.3
Net Income Growth	-	150.13%	-87.27%	220.83%	-56.16%	7.95%
Shares Outstanding (Basic)	16	16	16	16	16	16
Shares Outstanding (Diluted)	16	16	16	16	16	16
Shares Change (YoY)	-1.52%	-	-	-0.26%	-0.06%	-
EPS (Basic)	3.87	4.20	1.68	13.18	4.10	9.34
EPS (Diluted)	3.87	4.20	1.68	13.18	4.10	9.34
EPS Growth	-	150.13%	-87.27%	221.67%	-56.13%	7.95%
Free Cash Flow	374.75	169.86	197.22	151.61	245.09	206.53
Free Cash Flow Per Share	23.74	10.73	12.46	9.58	15.45	13.01
Dividend Per Share	-	-	6.320	6.318	5.680	3.780
Dividend Growth	-	-	0.02%	11.24%	50.26%	0%
Gross Margin	15.05%	14.48%	13.26%	22.37%	29.34%	22.28%
Operating Margin	2.27%	1.86%	1.74%	4.05%	3.54%	3.59%
Profit Margin	0.85%	0.89%	0.33%	4.40%	2.18%	3.61%
Free Cash Flow Margin	5.20%	2.28%	2.42%	3.20%	8.23%	5.02%
EBITDA	264.05	238.72	251.29	317	224.58	246.49
EBITDA Margin	3.67%	3.21%	3.08%	6.69%	7.54%	6.00%
D&A For EBITDA	100.5	100.55	109.17	125.34	119.14	98.85
EBIT	163.55	138.18	142.12	191.66	105.43	147.64
EBIT Margin	2.27%	1.86%	1.74%	4.04%	3.54%	3.59%
Effective Tax Rate	7.84%	4.33%	6.72%	19.88%	15.45%	20.68%
Advertising Expenses	-	13.01	13.04	12.66	9.9	10.85

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