TLV:HGG 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	392.03	417.87	576.93	290.54	218.15	210.53
Revenue Growth (YoY)	-45.62%	-27.57%	98.57%	33.19%	3.62%	67.40%
Cost of Revenue	241.7	268.88	362.87	175.86	123.54	101.74
Gross Profit	150.33	149	214.06	114.68	94.61	108.79
Selling, General & Admin	39.8	35.71	30.77	26.59	23.72	22.56
Other Operating Expenses	-7.73	-5.95	-5.93	8.45	1.12	0.61
Operating Expenses	32.07	36.07	24.84	35.03	24.84	23.16
Operating Income	118.26	112.93	189.22	79.65	69.77	85.63
Interest Expense	-69.16	-51.18	-29.01	-32.09	-23	-16.28
Interest & Investment Income	14.97	9.47	10.15	2.44	1.5	1.52
Earnings From Equity Investments	-4.44	-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	45.61	44.32	152.36	47.48	86.98	70.25
Asset Writedown	53.35	6.16	197.54	90.39	20.8	3.54
Other Unusual Items	88.82	50.41	-	-	-	-
Pretax Income	187.78	100.89	349.9	137.88	107.77	73.79
Income Tax Expense	20.94	10.97	81.03	32.45	15.08	16.9
Earnings From Continuing Operations	166.84	89.92	268.86	105.43	92.69	56.89
Minority Interest in Earnings	-26.93	-6.27	-71.91	-8.52	-2.98	-1.42
Net Income	139.91	83.65	196.95	96.91	89.71	55.47
Net Income to Common	139.91	83.65	196.95	96.91	89.71	55.47
Net Income Growth	13.29%	-57.53%	103.24%	8.02%	61.72%	-2.55%
Shares Outstanding (Basic)	62	61	59	60	52	52
Shares Outstanding (Diluted)	64	63	62	61	59	52
Shares Change (YoY)	3.38%	2.24%	0.67%	4.11%	13.70%	2.16%
EPS (Basic)	2.25	1.37	3.32	1.62	1.74	1.08
EPS (Diluted)	2.19	1.35	3.22	1.59	1.60	1.07
EPS Growth	8.86%	-58.27%	102.25%	-0.50%	49.73%	-4.46%
Free Cash Flow	-749.34	54.06	-318.17	-381.68	-590.14	-162.17
Free Cash Flow Per Share	-11.65	0.86	-5.16	-6.23	-10.03	-3.13
Dividend Per Share	-	-	-	-	-	0.229
Gross Margin	38.35%	35.66%	37.10%	39.47%	43.37%	51.67%
Operating Margin	30.16%	27.02%	32.80%	27.41%	31.98%	40.67%
Profit Margin	35.69%	20.02%	34.14%	33.35%	41.12%	26.35%
Free Cash Flow Margin	-191.15%	12.94%	-55.15%	-131.37%	-270.53%	-77.03%
EBITDA	122.22	116.76	193.05	85.2	73.1	86.31
EBITDA Margin	31.18%	27.94%	33.46%	29.32%	33.51%	41.00%
D&A For EBITDA	3.96	3.83	3.83	5.54	3.33	0.69
EBIT	118.26	112.93	189.22	79.65	69.77	85.63
EBIT Margin	30.16%	27.02%	32.80%	27.41%	31.98%	40.67%
Effective Tax Rate	11.15%	10.88%	23.16%	23.53%	13.99%	22.90%
Advertising Expenses	-	6.58	3.07	2.02	2.23	1.91

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