Hagag Group Real Estate Entrepreneurship Ltd (TLV:HGG)

TLV:HGG Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	443.3	417.87	576.93	290.54	218.15	210.53
Revenue Growth (YoY)	-32.99%	-27.57%	98.57%	33.19%	3.62%	67.40%
Cost of Revenue	278.11	268.88	362.87	175.86	123.54	101.74
Gross Profit	165.19	149	214.06	114.68	94.61	108.79
Selling, General & Admin	36.87	35.71	30.77	26.59	23.72	22.56
Other Operating Expenses	-5.7	-5.95	-5.93	8.45	1.12	0.61
Operating Expenses	31.17	36.07	24.84	35.03	24.84	23.16
Operating Income	134.02	112.93	189.22	79.65	69.77	85.63
Interest Expense	-64.71	-51.18	-29.01	-32.09	-23	-16.28
Interest & Investment Income	14.02	9.47	10.15	2.44	1.5	1.52
Earnings From Equity Investments	-2.45	-4.33	-6.17	-0.9	44.12	1.89
Other Non Operating Income (Expenses)	-14.02	-22.57	-11.84	-1.61	-5.41	-2.52
EBT Excluding Unusual Items	66.86	44.32	152.36	47.48	86.98	70.25
Asset Writedown	14.38	6.16	197.54	90.39	20.8	3.54
Other Unusual Items	88.82	50.41	-	-	-	-
Pretax Income	170.05	100.89	349.9	137.88	107.77	73.79
Income Tax Expense	18.71	10.97	81.03	32.45	15.08	16.9
Earnings From Continuing Operations	151.34	89.92	268.86	105.43	92.69	56.89
Minority Interest in Earnings	-10.58	-6.27	-71.91	-8.52	-2.98	-1.42
Net Income	140.76	83.65	196.95	96.91	89.71	55.47
Net Income to Common	140.76	83.65	196.95	96.91	89.71	55.47
Net Income Growth	10.62%	-57.53%	103.24%	8.02%	61.72%	-2.55%
Shares Outstanding (Basic)	65	61	59	60	52	52
Shares Outstanding (Diluted)	67	63	62	61	59	52
Shares Change (YoY)	13.79%	2.24%	0.67%	4.11%	13.70%	2.16%
EPS (Basic)	2.17	1.37	3.32	1.62	1.74	1.08
EPS (Diluted)	2.12	1.35	3.22	1.59	1.60	1.07
EPS Growth	-3.38%	-58.27%	102.25%	-0.50%	49.73%	-4.46%
Free Cash Flow	-990.14	54.06	-318.17	-381.68	-590.14	-162.17
Free Cash Flow Per Share	-14.78	0.86	-5.16	-6.23	-10.03	-3.13
Dividend Per Share	-	-	-	-	-	0.229
Gross Margin	37.26%	35.66%	37.10%	39.47%	43.37%	51.67%
Operating Margin	30.23%	27.02%	32.80%	27.41%	31.98%	40.67%
Profit Margin	31.75%	20.02%	34.14%	33.35%	41.12%	26.35%
Free Cash Flow Margin	-223.36%	12.94%	-55.15%	-131.37%	-270.53%	-77.03%
EBITDA	137.86	116.76	193.05	85.2	73.1	86.31
EBITDA Margin	31.10%	27.94%	33.46%	29.32%	33.51%	41.00%
D&A For EBITDA	3.84	3.83	3.83	5.54	3.33	0.69
EBIT	134.02	112.93	189.22	79.65	69.77	85.63
EBIT Margin	30.23%	27.02%	32.80%	27.41%	31.98%	40.67%
Effective Tax Rate	11.00%	10.88%	23.16%	23.53%	13.99%	22.90%
Advertising Expenses	-	6.58	3.07	2.02	2.23	1.91

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.