Gaon Group Income Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	703.51	654.14	633.5	697.21	498.29
Revenue Growth (YoY)	7.55%	3.26%	-9.14%	39.92%	-2.50%
Cost of Revenue	547.71	532.63	521.71	582.21	418.55
Gross Profit	155.8	121.51	111.8	115	79.74
Selling, General & Admin	85.59	81.14	75.44	75.61	58.39
Research & Development	1.83	1.99	2.09	0.56	-
Other Operating Expenses	-1.79	-2.93	1.61	0.39	2.61
Operating Expenses	85.63	80.2	79.14	76.55	61
Operating Income	70.17	41.31	32.66	38.45	18.74
Interest Expense	-18.87	-18.71	-18.14	-16.21	-8.24
Interest & Investment Income	1.85	1.77	0.78	0.16	0.06
Earnings From Equity Investments	0.47	3.06	3.91	4.92	7.37
Currency Exchange Gain (Loss)	2.23	0.15	0.26	-3.55	2.9
Other Non Operating Income (Expenses)	-9.2	-10.28	-12.53	-0.81	-4.25
EBT Excluding Unusual Items	46.64	17.3	6.94	22.96	16.57
Gain (Loss) on Sale of Investments	-	-	-	-	0.37
Gain (Loss) on Sale of Assets	1.28	0.53	0.35	-	10.37
Asset Writedown	-	-	-31.93	-	-
Other Unusual Items	0.48	-	-3.96	-	-5.98
Pretax Income	48.41	17.83	-28.6	22.96	21.33
Income Tax Expense	11.05	1.5	2.11	5.91	3.3
Earnings From Continuing Operations	37.36	16.33	-30.71	17.05	18.03
Minority Interest in Earnings	-3.85	-5.1	2.11	-2.2	-0.49
Net Income	33.51	11.23	-28.61	14.85	17.54
Net Income to Common	33.51	11.23	-28.61	14.85	17.54
Net Income Growth	198.25%	-	-	-15.36%	40.72%
Shares Outstanding (Basic)	46	46	46	46	46
Shares Outstanding (Diluted)	46	46	46	46	46
Shares Change (YoY)	-	-	-	-0.27%	-
EPS (Basic)	0.74	0.25	-0.63	0.33	0.38
EPS (Diluted)	0.74	0.25	-0.63	0.33	0.38
EPS Growth	198.26%	-	-	-15.12%	40.72%
Free Cash Flow	9.55	62.8	57.05	-68.54	-24.6
Free Cash Flow Per Share	0.21	1.38	1.25	-1.50	-0.54
Gross Margin	22.15%	18.57%	17.65%	16.49%	16.00%
Operating Margin	9.97%	6.31%	5.16%	5.51%	3.76%
Profit Margin	4.76%	1.72%	-4.52%	2.13%	3.52%
Free Cash Flow Margin	1.36%	9.60%	9.01%	-9.83%	-4.94%
EBITDA	95.32	66.2	55.89	64.16	36.19
EBITDA Margin	13.55%	10.12%	8.82%	9.20%	7.26%
D&A For EBITDA	25.15	24.89	23.23	25.71	17.45
EBIT	70.17	41.31	32.66	38.45	18.74
EBIT Margin	9.97%	6.31%	5.16%	5.51%	3.76%
Effective Tax Rate	22.83%	8.40%	-	25.73%	15.46%

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