I.E.S Holdings 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	63.78	55.18	51.96	45.39	44.17
Other Revenue	-	-	-	-	0.94
Revenue	63.78	55.18	51.96	45.39	45.12
Revenue Growth (YoY)	15.58%	6.19%	14.49%	0.60%	12.32%
Cost of Revenue	2.51	3.12	3.9	2.15	5.91
Gross Profit	61.27	52.07	48.06	43.24	39.21
Selling, General & Admin	11.9	13.22	11.54	11.29	11.02
Operating Expenses	11.9	13.22	11.54	11.29	11.02
Operating Income	49.37	38.85	36.53	31.95	28.19
Interest Expense	-0.13	-0.16	-0.18	-0.23	-0.18
Interest & Investment Income	4.95	10.34	13.85	3.53	0.21
Currency Exchange Gain (Loss)	-0.52	0.58	2.2	1.22	-0.65
Other Non Operating Income (Expenses)	-0.74	-0.08	-0.09	-0.11	-0.08
EBT Excluding Unusual Items	52.94	49.53	52.31	36.36	27.49
Gain (Loss) on Sale of Investments	56.15	29.72	10.71	3.41	12.59
Asset Writedown	162	111	17	253.7	379.93
Pretax Income	271.09	190.25	80.02	293.46	420.01
Income Tax Expense	49.8	36.42	14.3	66.12	92.86
Earnings From Continuing Operations	221.28	153.83	65.72	227.34	327.15
Net Income to Company	221.28	153.83	65.72	227.34	327.15
Minority Interest in Earnings	-	-	-	0.01	-0.11
Net Income	221.28	153.83	65.72	227.35	327.03
Net Income to Common	221.28	153.83	65.72	227.35	327.03
Net Income Growth	43.85%	134.09%	-71.09%	-30.48%	589.44%
Shares Outstanding (Basic)	6	6	6	6	5
Shares Outstanding (Diluted)	6	6	6	6	5
Shares Change (YoY)	-1.67%	-1.19%	0.30%	7.68%	2.03%
EPS (Basic)	39.21	26.81	11.31	39.26	60.81
EPS (Diluted)	39.21	26.81	11.31	39.26	60.81
EPS Growth	46.28%	136.92%	-71.18%	-35.44%	575.71%
Free Cash Flow	41.94	48.86	44.24	33.25	29.69
Free Cash Flow Per Share	7.43	8.51	7.62	5.74	5.52
Dividend Per Share	-	-	-	-	1.500
Gross Margin	96.07%	94.36%	92.49%	95.26%	86.91%
Operating Margin	77.41%	70.40%	70.29%	70.39%	62.48%
Profit Margin	346.96%	278.77%	126.47%	500.90%	724.89%
Free Cash Flow Margin	65.76%	88.55%	85.13%	73.26%	65.81%
EBITDA	49.41	38.88	36.57	31.99	28.22
EBITDA Margin	77.47%	70.47%	70.37%	70.48%	62.55%
D&A For EBITDA	0.04	0.04	0.04	0.04	0.03
EBIT	49.37	38.85	36.53	31.95	28.19
EBIT Margin	77.41%	70.40%	70.29%	70.39%	62.48%
Effective Tax Rate	18.37%	19.14%	17.88%	22.53%	22.11%
Revenue as Reported	225.78	166.18	68.96	299.09	425.04

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