Isramco Negev 2 Limited Partnership (TLV: ISRA)

ISRA Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	382.94	381.63	414.2	318.11	343.32	487.15
Revenue Growth (YoY)	-7.40%	-7.86%	30.21%	-7.34%	-29.52%	8.95%
Cost of Revenue	64.28	55.81	46.9	38.87	27.51	42.61
Gross Profit	318.66	325.82	367.3	279.24	315.81	444.54
Selling, General & Admin	9.52	9.21	10.58	8.62	7.37	10.56
Other Operating Expenses	93.47	89.35	98.51	63.21	-	-
Operating Expenses	152.15	147.9	164.59	117.21	56.23	67.23
Operating Income	166.52	177.93	202.71	162.03	259.58	377.31
Interest Expense	-17.51	-16.67	-18.57	-24.63	-24.46	-35.82
Interest & Investment Income	12.53	8.83	1.32	0.27	1.04	5.92
Currency Exchange Gain (Loss)	3.9	3.9	14.68	-4.19	2.98	-11.02
Other Non Operating Income (Expenses)	-1.71	-1.71	-1.99	-1.59	-0.79	2.29
EBT Excluding Unusual Items	163.73	172.28	198.16	131.89	238.36	338.68
Gain (Loss) on Sale of Investments	0.03	0.03	0.03	1.1	0.03	0.34
Pretax Income	163.77	172.31	198.19	133	238.38	339.02
Income Tax Expense	37.73	39.79	39.64	178.09	-	-
Net Income	126.04	132.52	158.55	-45.09	238.38	339.02
Preferred Dividends & Other Adjustments	-	-	-	-	-	0.17
Net Income to Common	126.04	132.52	158.55	-45.09	238.38	338.85
Net Income Growth	-13.40%	-16.42%	-	-	-29.68%	6.94%
Shares Outstanding (Basic)	2,591	2,590	2,590	2,590	2,590	2,590
Shares Outstanding (Diluted)	2,615	2,611	2,602	2,590	2,590	2,590
Shares Change (YoY)	0.33%	0.34%	0.43%	-	-	-
EPS (Basic)	0.05	0.05	0.06	-0.02	0.09	0.13
EPS (Diluted)	0.05	0.05	0.06	-0.02	0.09	0.13
EPS Growth	-13.80%	-16.75%	-	-	-29.67%	6.94%
Free Cash Flow	157.76	113.85	203.54	171.34	286.38	416.46
Free Cash Flow Per Share	0.06	0.04	0.08	0.07	0.11	0.16
Dividend Per Share	0.027	0.039	0.023	-	0.043	0.047
Dividend Growth	-14.66%	67.93%	-	-	-8.92%	-53.66%
Gross Margin	83.22%	85.38%	88.68%	87.78%	91.99%	91.25%
Operating Margin	43.48%	46.62%	48.94%	50.94%	75.61%	77.45%
Profit Margin	32.91%	34.73%	38.28%	-14.18%	69.43%	69.56%
Free Cash Flow Margin	41.20%	29.83%	49.14%	53.86%	83.41%	85.49%
EBITDA	213.62	225.21	256.75	205.44	305.36	433.74
EBITDA Margin	55.78%	59.01%	61.99%	64.58%	88.94%	89.04%
D&A For EBITDA	47.1	47.28	54.04	43.41	45.78	56.43
EBIT	166.52	177.93	202.71	162.03	259.58	377.31
EBIT Margin	43.48%	46.62%	48.94%	50.94%	75.61%	77.45%
Effective Tax Rate	23.04%	23.09%	20.00%	133.91%	-	-
Revenue as Reported	382.94	381.63	414.2	318.11	343.32	487.15

Source: S&P Capital IQ. Standard template. Financial Sources.