Fridenson Logistic Services Ltd (TLV:FRDN)

TLV:FRDN 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	498.45	482.15	473.76	577.58	518.25	321.2
Revenue Growth (YoY)	7.06%	1.77%	-17.97%	11.45%	61.35%	31.12%
Cost of Revenue	451.99	434.47	418.74	524.23	468.67	279.94
Gross Profit	46.46	47.68	55.02	53.34	49.58	41.27
Selling, General & Admin	36.51	36.2	41.41	36.71	33.98	26.59
Other Operating Expenses	0.38	-0.43	-	-	0.55	-
Operating Expenses	36.9	35.77	41.41	36.71	34.53	26.59
Operating Income	9.57	11.91	13.62	16.64	15.05	14.67
Interest Expense	-4.4	-4.55	-5.08	-2.44	-1.97	-2.63
Interest & Investment Income	-	-	-	0.18	1.29	0.17
Earnings From Equity Investments	2.34	1.59	1.14	-2.95	-0.98	-0.53
Currency Exchange Gain (Loss)	0.09	0.09	2.64	3.78	1.6	2.48
Other Non Operating Income (Expenses)	-0.28	-0.66	-1.18	-0.9	-0.77	-0.54
EBT Excluding Unusual Items	7.32	8.39	11.14	14.32	14.22	13.62
Gain (Loss) on Sale of Investments	0.44	0.44	0.03	-	0.19	0.2
Gain (Loss) on Sale of Assets	-0.83	-0.83	-0.47	0.33	-0.91	-0.17
Pretax Income	6.94	8	10.7	14.65	13.5	13.65
Income Tax Expense	1.86	2.44	3.4	4.07	3.31	3.14
Earnings From Continuing Operations	5.08	5.56	7.3	10.57	10.19	10.51
Earnings From Discontinued Operations	-	-	-	-	50.46	-2.02
Net Income to Company	5.08	5.56	7.3	10.57	60.65	8.49
Minority Interest in Earnings	0.5	0.37	0.13	-0.71	-0.78	-0.9
Net Income	5.58	5.93	7.43	9.87	59.86	7.6
Net Income to Common	5.58	5.93	7.43	9.87	59.86	7.6
Net Income Growth	-19.28%	-20.19%	-24.69%	-83.52%	688.20%	-
Shares Outstanding (Basic)	2	2	2	2	1	1
Shares Outstanding (Diluted)	2	2	2	2	1	2
Shares Change (YoY)	-	-	-	12.52%	-6.59%	13.17%
EPS (Basic)	3.42	3.63	4.55	6.05	41.74	5.54
EPS (Diluted)	3.42	3.63	4.55	6.05	41.74	5.31
EPS Growth	-19.28%	-20.19%	-24.69%	-85.52%	686.60%	-
Free Cash Flow	16.12	17.01	9.15	-9.06	1.03	13.11
Free Cash Flow Per Share	9.88	10.43	5.61	-5.55	0.71	8.45
Dividend Per Share	1.613	1.613	3.970	3.380	7.250	2.910
Dividend Growth	-47.13%	-59.38%	17.46%	-53.38%	149.14%	-
Gross Margin	9.32%	9.89%	11.61%	9.24%	9.57%	12.85%
Operating Margin	1.92%	2.47%	2.87%	2.88%	2.90%	4.57%
Profit Margin	1.12%	1.23%	1.57%	1.71%	11.55%	2.37%
Free Cash Flow Margin	3.23%	3.53%	1.93%	-1.57%	0.20%	4.08%
EBITDA	22.21	24.87	25.95	29.72	38.18	42.26
EBITDA Margin	4.46%	5.16%	5.48%	5.15%	7.37%	13.16%
D&A For EBITDA	12.64	12.96	12.33	13.08	23.13	27.59
EBIT	9.57	11.91	13.62	16.64	15.05	14.67
EBIT Margin	1.92%	2.47%	2.87%	2.88%	2.90%	4.57%
Effective Tax Rate	26.84%	30.54%	31.79%	27.81%	24.52%	22.99%
Advertising Expenses	-	1.99	2.74	1.9	1.21	1.07

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