Fridenson Logistic Services Ltd (TLV: FRDN)

TLV: FRDN Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	455.53	473.76	577.58	518.25	321.2	244.96
Revenue Growth (YoY)	-6.64%	-17.97%	11.45%	61.35%	31.12%	-15.90%
Cost of Revenue	409.4	418.74	524.23	468.67	279.94	215.21
Gross Profit	46.14	55.02	53.34	49.58	41.27	29.76
Selling, General & Admin	38.04	41.41	36.71	33.98	26.59	24.59
Other Operating Expenses	-1.21	-	-	0.55	-	-
Operating Expenses	36.83	41.41	36.71	34.53	26.59	24.59
Operating Income	9.31	13.62	16.64	15.05	14.67	5.17
Interest Expense	-6.96	-5.08	-2.44	-1.97	-2.63	-2.79
Interest & Investment Income	-	-	0.18	1.29	0.17	0.27
Earnings From Equity Investments	0.88	1.14	-2.95	-0.98	-0.53	0.5
Currency Exchange Gain (Loss)	2.64	2.64	3.78	1.6	2.48	3.18
Other Non Operating Income (Expenses)	-1.18	-1.18	-0.9	-0.77	-0.54	-1.56
EBT Excluding Unusual Items	4.69	11.14	14.32	14.22	13.62	4.77
Gain (Loss) on Sale of Investments	0.03	0.03	-	0.19	0.2	0.01
Gain (Loss) on Sale of Assets	-0.38	-0.47	0.33	-0.91	-0.17	-0.41
Pretax Income	4.35	10.7	14.65	13.5	13.65	4.37
Income Tax Expense	2.02	3.4	4.07	3.31	3.14	1.37
Earnings From Continuing Operations	2.33	7.3	10.57	10.19	10.51	3
Earnings From Discontinued Operations	-	-	-	50.46	-2.02	-3.92
Net Income to Company	2.33	7.3	10.57	60.65	8.49	-0.92
Minority Interest in Earnings	0.32	0.13	-0.71	-0.78	-0.9	-0.5
Net Income	2.65	7.43	9.87	59.86	7.6	-1.42
Net Income to Common	2.65	7.43	9.87	59.86	7.6	-1.42
Net Income Growth	-73.66%	-24.69%	-83.52%	688.20%	-	-
Shares Outstanding (Basic)	2	2	2	1	1	1
Shares Outstanding (Diluted)	2	2	2	1	2	1
Shares Change (YoY)	-	-	12.52%	-6.59%	13.17%	-16.30%
EPS (Basic)	1.62	4.55	6.05	41.74	5.54	-1.04
EPS (Diluted)	1.62	4.55	6.05	41.74	5.31	-1.04
EPS Growth	-73.66%	-24.69%	-85.52%	686.60%	-	-
Free Cash Flow	5.64	9.15	-9.06	1.03	13.11	0.02
Free Cash Flow Per Share	3.45	5.61	-5.55	0.71	8.45	0.01
Dividend Per Share	1.226	3.983	3.380	7.250	2.910	-
Dividend Growth	-69.30%	17.85%	-53.38%	149.14%	-	-
Gross Margin	10.13%	11.61%	9.24%	9.57%	12.85%	12.15%
Operating Margin	2.04%	2.87%	2.88%	2.90%	4.57%	2.11%
Profit Margin	0.58%	1.57%	1.71%	11.55%	2.36%	-0.58%
Free Cash Flow Margin	1.24%	1.93%	-1.57%	0.20%	4.08%	0.01%
EBITDA	21.53	25.95	29.28	38.18	42.26	32.15
EBITDA Margin	4.73%	5.48%	5.07%	7.37%	13.16%	13.12%
D&A For EBITDA	12.22	12.33	12.64	23.13	27.59	26.99
EBIT	9.31	13.62	16.64	15.05	14.67	5.17
EBIT Margin	2.04%	2.87%	2.88%	2.90%	4.57%	2.11%
Effective Tax Rate	46.47%	31.79%	27.81%	24.52%	22.99%	31.31%
Advertising Expenses	-	2.74	1.9	1.21	1.07	0.23

Source: S&P Capital IQ. Standard template. Financial Sources.