Dorsel Holdings Ltd (TLV:DRSH)

Dorsel Holdings Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	87.8	87.24	82.05	75.3	63.53	57.78
Other Revenue	25.54	25.54	14.5	23.32	-	-
Total Revenue	113.34	112.77	96.55	98.62	63.53	57.78
Revenue Growth (YoY	14.15%	16.80%	-2.10%	55.23%	9.95%	0.46%
Property Expenses	12.91	12.7	13.21	12.99	11.86	12.44
Selling, General & Administrative	10.6	10.51	9.73	7.7	6.35	5.44
Other Operating Expenses	-	-0.38	-	-1.52	-	-
Total Operating Expenses	23.51	22.83	22.94	19.17	18.22	17.87
Operating Income	89.83	89.94	73.61	79.45	45.31	39.91
Interest Expense	-30.89	-30.51	-30.91	-20.31	-16.2	-12.41
Interest & Investment Income	9.82	3.01	2.87	1.83	4.11	-
Income (Loss) on Equity Investments	-11.93	-	-	-	6.92	6.84
Currency Exchange Gain (Loss)	-0.01	-0.01	1.48	-1.73	-	-
Other Non-Operating Income	-	-	-	-	-	1.06
EBT Excluding Unusual Items	56.82	62.43	47.05	59.24	40.14	35.41
Gain (Loss) on Sale of Investments	5.38	5.38	2.46	0.88	1.75	-
Asset Writedown	42.52	32.77	3.44	57.21	27.48	-2.82
Pretax Income	104.72	100.58	52.95	117.33	69.37	32.59
Income Tax Expense	22.4	22.05	10.98	20.8	15.11	6.37
Earnings From Continuing Operations	82.32	78.54	41.98	96.54	54.25	26.22
Minority Interest in Earnings	0.24	0.24	0.26	-	-	-
Net Income	82.57	78.78	42.24	96.54	54.25	26.22
Net Income to Common	82.57	78.78	42.24	96.54	54.25	26.22
Net Income Growth	75.59%	86.52%	-56.25%	77.94%	106.93%	-22.43%
Basic Shares Outstanding	23	23	23	23	23	23
Diluted Shares Outstanding	23	23	23	23	23	23
EPS (Basic)	3.66	3.49	1.87	4.28	2.41	1.16
EPS (Diluted)	3.66	3.49	1.87	4.28	2.41	1.16
EPS Growth	75.43%	86.34%	-56.25%	77.94%	106.94%	-22.43%
Dividend Per Share	0.754	0.443	-	-	0.576	0.222
Dividend Growth	-	-	-	-	160.00%	-
Operating Margin	79.26%	79.75%	76.24%	80.56%	71.33%	69.07%
Profit Margin	72.85%	69.86%	43.75%	97.89%	85.39%	45.37%
EBITDA	90.36	90.52	74.05	79.58	45.37	39.97
EBITDA Margin	79.73%	80.27%	76.69%	80.70%	71.42%	69.17%
D&A For Ebitda	0.54	0.59	0.44	0.13	0.06	0.06
EBIT	89.83	89.94	73.61	79.45	45.31	39.91
EBIT Margin	79.26%	79.75%	76.24%	80.56%	71.33%	69.07%
Effective Tax Rate	21.39%	21.92%	20.73%	17.72%	21.79%	19.54%
Revenue as Reported	143.92	145.54	99.99	155.83	97.93	61.8

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