Elco Ltd. Income Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	22,590	20,461	18,455	18,626	14,802
Other Revenue	-50	-168	51	402	258.36
Revenue	22,540	20,293	18,506	19,028	15,060
Revenue Growth (YoY)	11.07%	9.66%	-2.74%	26.35%	36.65%
Cost of Revenue	19,310	17,443	15,843	15,077	12,106
Gross Profit	3,230	2,850	2,663	3,951	2,954
Selling, General & Admin	2,627	2,463	2,290	2,161	1,579
Other Operating Expenses	11	22	40	43	22.36
Operating Expenses	2,638	2,485	2,330	2,204	1,601
Operating Income	592	365	333	1,747	1,353
Interest Expense	-562	-505	-416	-290	-204.55
Interest & Investment Income	86	88	65	61	38.64
Other Non Operating Income (Expenses)	-3	-16	-87	-41	-20.99
EBT Excluding Unusual Items	113	-68	-105	1,477	1,166
Merger & Restructuring Charges	-	-1	-10	-52	-
Impairment of Goodwill	-	-	-67	-	-
Gain (Loss) on Sale of Investments	62	-29	-132	-224	-15.34
Gain (Loss) on Sale of Assets	35	23	2	56	-14
Asset Writedown	10	-4	-7	33	43.97
Other Unusual Items	2	4	4	-	-
Pretax Income	222	-75	-315	1,290	1,181
Income Tax Expense	74	31	49	403	214.07
Earnings From Continuing Operations	148	-106	-364	887	966.93
Earnings From Discontinued Operations	-40	-25	-147	-19	-6.67
Net Income to Company	108	-131	-511	868	960.27
Minority Interest in Earnings	-89	13	222	-439	-415.65
Net Income	19	-118	-289	429	544.62
Net Income to Common	19	-118	-289	429	544.62
Net Income Growth	-	-	-	-21.23%	91.73%
Shares Outstanding (Basic)	27	27	27	27	27
Shares Outstanding (Diluted)	27	27	27	27	28
Shares Change (YoY)	0.14%	-1.04%	-0.75%	-0.40%	0.08%
EPS (Basic)	0.71	-4.38	-10.66	15.74	19.92
EPS (Diluted)	0.71	-4.42	-10.73	14.45	19.63
EPS Growth	-	-	-	-26.41%	90.05%
Free Cash Flow	-19	22	-562	-235	-566.27
Free Cash Flow Per Share	-0.70	0.82	-20.66	-8.57	-20.57
Dividend Per Share	2.600	2.410	1.852	2.575	2.561
Dividend Growth	7.88%	30.16%	-28.10%	0.56%	16.94%
Gross Margin	14.33%	14.04%	14.39%	20.76%	19.61%
Operating Margin	2.63%	1.80%	1.80%	9.18%	8.99%
Profit Margin	0.08%	-0.58%	-1.56%	2.25%	3.62%
Free Cash Flow Margin	-0.08%	0.11%	-3.04%	-1.23%	-3.76%
EBITDA	1,050	791	1,220	2,522	1,946
EBITDA Margin	4.66%	3.90%	6.59%	13.25%	12.93%
D&A For EBITDA	458	426	887	775	593.24
EBIT	592	365	333	1,747	1,353
EBIT Margin	2.63%	1.80%	1.80%	9.18%	8.99%
Effective Tax Rate	33.33%	-	-	31.24%	18.13%
Revenue as Reported	22,661	20,349	18,547	19,120	15,105
Advertising Expenses	161	150	130	117	103.82

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