TLV:HRON 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
Operating Revenue	125.8	126.19	119.03	134.23	143.34
Revenue	125.8	126.19	119.03	134.23	143.34
Revenue Growth (YoY)	-0.30%	6.01%	-11.32%	-6.36%	15.98%
Cost of Revenue	42.13	42.16	41.11	63.44	64.4
Gross Profit	83.67	84.02	77.92	70.78	78.94
Selling, General & Admin	19.88	17.64	17.8	18.31	17.58
Other Operating Expenses	-0.72	-1.46	-0.62	-0.31	-0.66
Operating Expenses	19.16	15.51	15.84	15.96	16.87
Operating Income	64.51	68.51	62.07	54.83	62.08
Interest Expense	-3.94	-3.09	-4.86	-1.9	-1.62
Earnings From Equity Investments	0.09	0.23	0.1	0	0.97
Other Non Operating Income (Expenses)	-	-0.34	-0.39	-0.04	-0.2
EBT Excluding Unusual Items	60.65	65.31	56.93	52.89	61.23
Gain (Loss) on Sale of Assets	-	0.11	0.09	0.14	0.31
Asset Writedown	57.69	42.6	33.7	84.3	101.85
Other Unusual Items	-	-	-	-	-0.64
Pretax Income	118.35	108.02	90.71	137.33	162.75
Income Tax Expense	29.9	24.24	22.72	29.29	35.2
Net Income	88.45	83.78	67.99	108.04	127.55
Net Income to Common	88.45	83.78	67.99	108.04	127.55
Net Income Growth	5.58%	23.23%	-37.07%	-15.29%	115.16%
Shares Outstanding (Basic)	0	0	0	0	0
Shares Outstanding (Diluted)	0	0	0	0	0
Shares Change (YoY)	-0.19%	-0.09%	-6.68%	-	-
EPS (Basic)	239.00	225.95	183.20	271.69	320.74
EPS (Diluted)	239.00	225.95	183.20	271.69	320.74
EPS Growth	5.77%	23.34%	-32.57%	-15.29%	115.16%
Free Cash Flow	49.35	43.87	54.79	55.9	39.08
Free Cash Flow Per Share	133.33	118.32	147.63	140.58	98.27
Dividend Per Share	-	40.000	40.000	40.000	40.000
Dividend Growth	-	-	-	-	60.00%
Gross Margin	66.51%	66.59%	65.46%	52.73%	55.07%
Operating Margin	51.28%	54.30%	52.15%	40.85%	43.31%
Profit Margin	70.31%	66.39%	57.12%	80.49%	88.98%
Free Cash Flow Margin	39.23%	34.77%	46.03%	41.65%	27.26%
EBITDA	66.33	70.3	63.98	56.92	64.15
EBITDA Margin	52.72%	55.71%	53.75%	42.40%	44.75%
D&A For EBITDA	1.82	1.78	1.91	2.09	2.07
EBIT	64.51	68.51	62.07	54.83	62.08
EBIT Margin	51.28%	54.30%	52.15%	40.85%	43.31%
Effective Tax Rate	25.26%	22.44%	25.05%	21.33%	21.63%
Revenue as Reported	182	168.79	152.73	218.53	245.19

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