TLV:GAD Income Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	689.47	676.2	611.5	577.54
Revenue Growth (YoY)	-	10.58%	5.88%	-
Cost of Revenue	488.8	479.6	440.85	421.48
Gross Profit	200.67	196.6	170.65	156.06
Selling, General & Admin	133.76	132.84	121.06	125.86
Other Operating Expenses	0.19	-0.08	-0.08	-0.08
Operating Expenses	133.96	132.77	120.98	125.78
Operating Income	66.71	63.83	49.67	30.28
Interest Expense	-3.54	-5.68	-6.5	-3.11
Interest & Investment Income	1.11	0.83	0.79	0.53
Currency Exchange Gain (Loss)	0.23	0.23	0.07	0.79
Other Non Operating Income (Expenses)	-6.96	-6.96	-10.19	8.72
EBT Excluding Unusual Items	57.55	52.25	33.84	37.21
Gain (Loss) on Sale of Assets	0.11	0.11	-	-
Legal Settlements	-0.15	-0.15	1.31	-2.85
Pretax Income	57.51	52.21	35.15	34.37
Income Tax Expense	14.51	13.69	10.61	5.53
Net Income	42.99	38.52	24.55	28.84
Net Income to Common	42.99	38.52	24.55	28.84
Net Income Growth	-	56.90%	-14.87%	-
Shares Outstanding (Basic)	88	77	82	72
Shares Outstanding (Diluted)	88	77	82	72
Shares Change (YoY)	-	-5.86%	13.50%	-
EPS (Basic)	0.49	0.50	0.30	0.40
EPS (Diluted)	0.49	0.50	0.30	0.40
EPS Growth	-	66.67%	-25.00%	-
Free Cash Flow	37.22	47.93	42.28	33.31
Free Cash Flow Per Share	0.42	0.62	0.52	0.46
Gross Margin	29.10%	29.07%	27.91%	27.02%
Operating Margin	9.68%	9.44%	8.12%	5.24%
Profit Margin	6.24%	5.70%	4.01%	4.99%
Free Cash Flow Margin	5.40%	7.09%	6.91%	5.77%
EBITDA	88.43	84.78	69.29	48.73
EBITDA Margin	12.83%	12.54%	11.33%	8.44%
D&A For EBITDA	21.72	20.96	19.62	18.45
EBIT	66.71	63.83	49.67	30.28
EBIT Margin	9.68%	9.44%	8.12%	5.24%
Effective Tax Rate	25.24%	26.22%	30.17%	16.10%
Advertising Expenses	-	15.26	12.37	16.82

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