Fridenson Logistic Services Ltd (TLV: FRDN)

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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	452.86	473.76	577.58	518.25	321.2	244.96
Revenue Growth (YoY)	-9.95%	-17.97%	11.45%	61.35%	31.12%	-15.90%
Cost of Revenue	404.46	418.74	524.23	468.67	279.94	215.21
Gross Profit	48.4	55.02	53.34	49.58	41.27	29.76
Selling, General & Admin	39.5	41.41	36.71	33.98	26.59	24.59
Other Operating Expenses	-1.21	-	-	0.55	-	-
Operating Expenses	38.28	41.41	36.71	34.53	26.59	24.59
Operating Income	10.12	13.62	16.64	15.05	14.67	5.17
Interest Expense	-6.06	-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	0.21	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	5.72	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	-0.95	-0.47	0.33	-0.91	-0.17	-0.41
Pretax Income	4.8	10.7	14.65	13.5	13.65	4.37
Income Tax Expense	2.36	3.4	4.07	3.31	3.14	1.37
Earnings From Continuing Operations	2.44	7.3	10.57	10.19	10.51	3
Earnings From Discontinued Operations	-	-	-	50.46	-2.02	-3.92
Net Income to Company	2.44	7.3	10.57	60.65	8.49	-0.92
Minority Interest in Earnings	0.34	0.13	-0.71	-0.78	-0.9	-0.5
Net Income	2.78	7.43	9.87	59.86	7.6	-1.42
Net Income to Common	2.78	7.43	9.87	59.86	7.6	-1.42
Net Income Growth	-71.29%	-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)	1.70	4.55	6.05	41.74	5.54	-1.04
EPS (Diluted)	1.70	4.55	6.05	41.74	5.31	-1.04
EPS Growth	-71.29%	-24.69%	-85.52%	686.60%	-	-
Free Cash Flow	4.56	9.15	-9.06	1.03	13.11	0.02
Free Cash Flow Per Share	2.79	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	-76.51%	17.85%	-53.38%	149.14%	-	-
Gross Margin	10.69%	11.61%	9.24%	9.57%	12.85%	12.15%
Operating Margin	2.23%	2.87%	2.88%	2.90%	4.57%	2.11%
Profit Margin	0.61%	1.57%	1.71%	11.55%	2.36%	-0.58%
Free Cash Flow Margin	1.01%	1.93%	-1.57%	0.20%	4.08%	0.01%
EBITDA	22.37	25.95	29.28	38.18	42.26	32.15
EBITDA Margin	4.94%	5.48%	5.07%	7.37%	13.16%	13.12%
D&A For EBITDA	12.25	12.33	12.64	23.13	27.59	26.99
EBIT	10.12	13.62	16.64	15.05	14.67	5.17
EBIT Margin	2.23%	2.87%	2.88%	2.90%	4.57%	2.11%
Effective Tax Rate	49.17%	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.