Effi Capital Nadlan Income Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	444.95	410.51	638.39	206.4	58.74
Revenue Growth (YoY)	8.39%	-35.70%	209.30%	251.38%	-
Cost of Revenue	367.74	307.55	508.49	165.93	36.84
Gross Profit	77.21	102.96	129.9	40.47	21.9
Selling, General & Admin	40.47	29.21	22.99	15.3	10.69
Other Operating Expenses	-	0.14	-	0.41	-
Operating Expenses	40.47	29.35	22.99	15.71	10.69
Operating Income	36.73	73.62	106.91	24.76	11.21
Interest Expense	-37.05	-22.84	-9.43	-13.89	-7.61
Interest & Investment Income	29.27	32.12	8.63	1.8	3.05
Earnings From Equity Investments	11.47	20.99	72.87	46.88	31.67
Currency Exchange Gain (Loss)	-0.3	-	-	-	-
EBT Excluding Unusual Items	40.12	103.89	178.98	59.55	38.33
Gain (Loss) on Sale of Investments	-3.45	2.76	-4.18	-1.08	-
Gain (Loss) on Sale of Assets	0.56	1.98	-	0.11	-
Asset Writedown	-	0.15	-4.65	-	-
Other Unusual Items	-	3.24	-	-	-
Pretax Income	37.23	112.02	170.16	58.57	38.33
Income Tax Expense	5.73	22.78	22.91	2.9	1.51
Earnings From Continuing Operations	31.5	89.24	147.25	55.67	36.82
Earnings From Discontinued Operations	-	-0.2	1.88	-1.34	-5.25
Net Income	31.5	89.04	149.12	54.33	31.57
Net Income to Common	31.5	89.04	149.12	54.33	31.57
Net Income Growth	-64.62%	-40.29%	174.46%	72.13%	-
Shares Outstanding (Basic)	45	37	37	37	-
Shares Outstanding (Diluted)	45	37	37	37	-
Shares Change (YoY)	22.11%	-	-	-	-
EPS (Basic)	0.70	2.42	4.06	1.48	-
EPS (Diluted)	0.70	2.42	4.06	1.48	-
EPS Growth	-71.11%	-40.29%	174.46%	-	-
Free Cash Flow	-183.4	-301.76	35.71	-21.14	46.92
Free Cash Flow Per Share	-4.09	-8.21	0.97	-0.57	-
Dividend Per Share	0.110	0.330	0.330	-	-
Dividend Growth	-66.67%	-	-	-	-
Gross Margin	17.35%	25.08%	20.35%	19.61%	37.28%
Operating Margin	8.26%	17.93%	16.75%	11.99%	19.08%
Profit Margin	7.08%	21.69%	23.36%	26.32%	53.74%
Free Cash Flow Margin	-41.22%	-73.51%	5.59%	-10.24%	79.87%
EBITDA	42.64	76.61	108.94	26.47	12.47
EBITDA Margin	9.58%	18.66%	17.06%	12.82%	21.24%
D&A For EBITDA	5.91	3	2.03	1.71	1.27
EBIT	36.73	73.62	106.91	24.76	11.21
EBIT Margin	8.26%	17.93%	16.75%	11.99%	19.08%
Effective Tax Rate	15.39%	20.34%	13.46%	4.95%	3.94%
Revenue as Reported	444.95	410.51	638.39	206.4	58.74

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