Elad Software Systems Income Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	545.17	535.12	488.08	459.01	391.3
Revenue Growth	3.75%	9.64%	6.33%	17.30%	-
Cost of Revenue	455.68	448.83	408.33	394.09	335.78
Gross Profit	89.49	86.3	79.76	64.92	55.52
Selling, General & Admin	49.66	49.13	43.24	38.55	35.98
Operating Expenses	49.66	49.13	43.24	38.55	35.98
Operating Income	39.83	37.17	36.52	26.37	19.54
Interest Expense	-4.11	-4.18	-7.9	-6.92	-4.95
Other Non Operating Income (Expenses)	2.83	2.83	-	-	-
Pretax Income	38.9	35.82	28.61	19.45	14.59
Income Tax Expense	8.63	7.95	6.02	4.34	6.09
Earnings From Continuing Operations	30.27	27.86	22.59	15.11	8.49
Minority Interest in Earnings	-0.42	-0.51	0.04	-0.56	-
Net Income	29.85	27.36	22.64	14.55	8.49
Net Income to Common	29.85	27.36	22.64	14.55	8.49
Net Income Growth	10.00%	20.85%	55.55%	71.38%	-
Shares Outstanding (Basic)	-	50	40	40	-
Shares Outstanding (Diluted)	-	50	40	40	-
Shares Change	-	24.47%	1.11%	-	-
EPS (Basic)	-	0.55	0.57	0.36	-
EPS (Diluted)	-	0.54	0.56	0.36	-
EPS Growth	-	-3.04%	53.93%	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Free Cash Flow	51.51	72.2	28.29	11.86	16.9
Free Cash Flow Per Share	-	1.43	0.70	0.30	-
Gross Margin	16.41%	16.13%	16.34%	14.14%	14.19%
Operating Margin	7.31%	6.95%	7.48%	5.74%	4.99%
Profit Margin	5.47%	5.11%	4.64%	3.17%	2.17%
Free Cash Flow Margin	9.45%	13.49%	5.80%	2.58%	4.32%
EBITDA	42.52	39.63	39.12	28.77	21.45
EBITDA Margin	7.80%	7.41%	8.02%	6.27%	5.48%
D&A For EBITDA	2.69	2.46	2.6	2.41	1.91
EBIT	39.83	37.17	36.52	26.37	19.54
EBIT Margin	7.31%	6.95%	7.48%	5.74%	4.99%
Effective Tax Rate	22.18%	22.20%	21.04%	22.29%	41.78%
Advertising Expenses	-	3.66	4.23	5.23	5.23