Gaon Group 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	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	730.2	654.14	633.5	697.21	498.29	511.08
Revenue Growth (YoY)	21.94%	3.26%	-9.14%	39.92%	-2.50%	-1.27%
Cost of Revenue	568.2	529.15	521.71	582.21	418.55	427.29
Gross Profit	162	124.99	111.8	115	79.74	83.78
Selling, General & Admin	87.57	84.62	75.44	75.61	58.39	55.47
Research & Development	1.8	1.99	2.09	0.56	-	-
Other Operating Expenses	1.77	-2.93	1.61	0.39	2.61	0.73
Operating Expenses	91.14	83.69	79.14	76.55	61	56.2
Operating Income	70.86	41.31	32.66	38.45	18.74	27.59
Interest Expense	-23.18	-27.04	-27.27	-16.21	-8.24	-5.15
Interest & Investment Income	0.48	1.77	0.78	0.16	0.06	0.06
Earnings From Equity Investments	1.39	2.95	3.58	4.92	7.37	5.16
Currency Exchange Gain (Loss)	0.15	0.15	0.26	-3.55	2.9	1.37
Other Non Operating Income (Expenses)	-1.84	-1.84	-3.07	-0.81	-4.25	-3.07
EBT Excluding Unusual Items	47.86	17.3	6.94	22.96	16.57	25.95
Merger & Restructuring Charges	-	-	-	-	-	-2.48
Gain (Loss) on Sale of Investments	-	-	-	-	0.37	0.16
Gain (Loss) on Sale of Assets	1.06	0.53	0.35	-	10.37	-
Asset Writedown	-	-	-31.93	-	-	-
Other Unusual Items	1.09	-	-3.96	-	-5.98	-1.81
Pretax Income	50.01	17.83	-28.6	22.96	21.33	21.82
Income Tax Expense	9.09	1.5	2.11	5.91	3.3	8.05
Earnings From Continuing Operations	40.93	16.33	-30.71	17.05	18.03	13.77
Minority Interest in Earnings	-5.03	-5.1	2.11	-2.2	-0.49	-1.3
Net Income	35.9	11.23	-28.61	14.85	17.54	12.47
Net Income to Common	35.9	11.23	-28.61	14.85	17.54	12.47
Net Income Growth	-	-	-	-15.36%	40.72%	-17.09%
Shares Outstanding (Basic)	46	46	46	46	46	46
Shares Outstanding (Diluted)	46	46	46	46	46	46
Shares Change (YoY)	-	-	-	-0.27%	-	-
EPS (Basic)	0.79	0.25	-0.63	0.33	0.38	0.27
EPS (Diluted)	0.79	0.25	-0.63	0.33	0.38	0.27
EPS Growth	-	-	-	-15.12%	40.72%	-14.68%
Free Cash Flow	1.34	61.62	56.06	-68.54	-24.6	-36.99
Free Cash Flow Per Share	0.03	1.35	1.23	-1.50	-0.54	-0.81
Dividend Per Share	-	-	-	-	-	0.220
Gross Margin	22.18%	19.11%	17.65%	16.49%	16.00%	16.39%
Operating Margin	9.70%	6.31%	5.16%	5.51%	3.76%	5.40%
Profit Margin	4.92%	1.72%	-4.52%	2.13%	3.52%	2.44%
Free Cash Flow Margin	0.18%	9.42%	8.85%	-9.83%	-4.94%	-7.24%
EBITDA	95.77	66.2	55.4	64.16	36.19	37.59
EBITDA Margin	13.11%	10.12%	8.75%	9.20%	7.26%	7.36%
D&A For EBITDA	24.91	24.89	22.75	25.71	17.45	10
EBIT	70.86	41.31	32.66	38.45	18.74	27.59
EBIT Margin	9.70%	6.31%	5.16%	5.51%	3.76%	5.40%
Effective Tax Rate	18.17%	8.40%	-	25.73%	15.46%	36.88%

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