iCon 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	1,619	1,597	1,444	1,521	1,421
Revenue Growth (YoY)	1.36%	10.61%	-5.05%	7.05%	46.33%
Cost of Revenue	1,453	1,434	1,285	1,350	1,252
Gross Profit	166.41	163.36	158.65	171.2	168.39
Selling, General & Admin	101.26	98.45	95.99	86.5	70.32
Other Operating Expenses	0.83	0.12	-0.08	-	-0.02
Operating Expenses	102.1	98.56	95.91	86.5	70.3
Operating Income	64.32	64.79	62.74	84.69	98.1
Interest Expense	-11.53	-10.89	-11.83	-8.55	-4.04
Earnings From Equity Investments	3.95	3.06	2.48	2.21	-
Currency Exchange Gain (Loss)	8.72	-0.67	-1.97	-12.64	-4.22
Other Non Operating Income (Expenses)	-13.58	-8.66	-8.28	-0.99	-0.64
EBT Excluding Unusual Items	51.88	47.63	43.14	64.73	89.2
Asset Writedown	-	-0.28	-0.5	-	-
Other Unusual Items	-	-0.79	-	-2.43	-
Pretax Income	51.88	46.56	42.64	62.3	89.2
Income Tax Expense	10.74	10.4	9.91	15.45	20.57
Net Income	41.14	36.17	32.73	46.86	68.63
Net Income to Common	41.14	36.17	32.73	46.86	68.63
Net Income Growth	13.75%	10.49%	-30.14%	-31.72%	59.73%
Shares Outstanding (Basic)	57	57	57	56	56
Shares Outstanding (Diluted)	58	57	57	58	58
Shares Change (YoY)	0.52%	1.01%	-1.81%	-0.01%	14.20%
EPS (Basic)	0.72	0.63	0.58	0.83	1.22
EPS (Diluted)	0.71	0.61	0.55	0.81	1.19
EPS Growth	15.83%	10.33%	-31.60%	-31.93%	40.00%
Free Cash Flow	162.68	-112.83	91.66	9.44	15.11
Free Cash Flow Per Share	2.82	-1.97	1.61	0.16	0.26
Dividend Per Share	-	-	0.299	0.177	-
Dividend Growth	-	-	69.05%	-	-
Gross Margin	10.28%	10.23%	10.99%	11.26%	11.85%
Operating Margin	3.97%	4.06%	4.34%	5.57%	6.91%
Profit Margin	2.54%	2.26%	2.27%	3.08%	4.83%
Free Cash Flow Margin	10.05%	-7.06%	6.35%	0.62%	1.06%
EBITDA	69.52	69.4	84.38	104.4	114.88
EBITDA Margin	4.29%	4.34%	5.84%	6.86%	8.09%
D&A For EBITDA	5.2	4.6	21.64	19.7	16.78
EBIT	64.32	64.79	62.74	84.69	98.1
EBIT Margin	3.97%	4.06%	4.34%	5.57%	6.91%
Effective Tax Rate	20.70%	22.33%	23.24%	24.79%	23.06%
Advertising Expenses	12.08	12.73	9.69	8.37	4.64

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.