TLV:INRM 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	1,399	1,115	1,119	1,194	1,030
Revenue Growth (YoY)	25.41%	-0.35%	-6.27%	15.88%	10.01%
Cost of Revenue	941.98	782.74	737.29	767.66	663.82
Gross Profit	456.67	332.48	381.85	426.36	366.57
Selling, General & Admin	310.51	267.78	252.37	241.42	208.92
Other Operating Expenses	-84.95	6.58	-1.49	4.37	2.53
Operating Expenses	225.56	274.36	250.88	245.79	211.45
Operating Income	231.12	58.13	130.97	180.57	155.12
Interest Expense	-18.83	-16.96	-14.53	-11.79	-8.75
Interest & Investment Income	-	8.86	0.95	0.51	0.62
Currency Exchange Gain (Loss)	-	-0.22	1.1	-0.14	-1.5
Other Non Operating Income (Expenses)	8.69	-	-	-0.26	-
EBT Excluding Unusual Items	220.98	49.81	118.49	168.9	145.48
Other Unusual Items	-	106.68	137.58	-	-
Pretax Income	220.98	156.49	256.06	168.9	145.48
Income Tax Expense	51.94	39.43	63.09	39.83	35.39
Earnings From Continuing Operations	169.03	117.06	192.97	129.07	110.1
Minority Interest in Earnings	-12.91	-7.43	-	-	-10.68
Net Income	156.13	109.63	192.97	129.07	99.42
Net Income to Common	156.13	109.63	192.97	129.07	99.42
Net Income Growth	42.42%	-43.19%	49.51%	29.83%	-4.58%
Shares Outstanding (Basic)	147	146	125	125	117
Shares Outstanding (Diluted)	147	146	125	125	117
Shares Change (YoY)	0.77%	16.65%	-0.00%	7.14%	7.77%
EPS (Basic)	1.06	0.75	1.54	1.03	0.85
EPS (Diluted)	1.06	0.75	1.54	1.03	0.85
EPS Growth	41.33%	-51.30%	49.52%	21.18%	-11.46%
Free Cash Flow	64.4	-44.31	140.76	23.98	113.05
Free Cash Flow Per Share	0.44	-0.30	1.12	0.19	0.97
Dividend Per Share	-	0.301	0.172	0.278	0.261
Dividend Growth	-	75.15%	-38.14%	6.62%	81.46%
Gross Margin	32.65%	29.81%	34.12%	35.71%	35.58%
Operating Margin	16.52%	5.21%	11.70%	15.12%	15.05%
Profit Margin	11.16%	9.83%	17.24%	10.81%	9.65%
Free Cash Flow Margin	4.61%	-3.97%	12.58%	2.01%	10.97%
EBITDA	337.15	112.83	173.24	236.02	202.16
EBITDA Margin	24.10%	10.12%	15.48%	19.77%	19.62%
D&A For EBITDA	106.04	54.71	42.27	55.45	47.05
EBIT	231.12	58.13	130.97	180.57	155.12
EBIT Margin	16.52%	5.21%	11.70%	15.12%	15.05%
Effective Tax Rate	23.51%	25.20%	24.64%	23.58%	24.32%

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