Kardan Israel Ltd (TLV:KRDI)

Kardan Israel Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	573.55	572.21	606.99	620.55	652.59	474.1
Revenue Growth (YoY)	0.10%	-5.73%	-2.19%	-4.91%	37.65%	27.25%
Cost of Revenue	449.61	444.24	442.61	468.44	509.36	372.74
Gross Profit	123.94	127.97	164.38	152.11	143.23	101.36
Selling, General & Admin	53.71	53.5	54.87	55.82	44.23	37.57
Other Operating Expenses	1.83	-0.11	-1.38	0.12	-1.29	-0.39
Operating Expenses	55.54	53.39	53.49	55.95	42.95	37.18
Operating Income	68.41	74.58	110.89	96.16	100.28	64.19
Interest Expense	-47.61	-46.52	-40.86	-22.96	-14.98	-12.77
Interest & Investment Income	20.79	20.79	20.68	9.59	3.62	4.85
Earnings From Equity Investments	4.14	5.46	-2.82	-0.49	-1.05	-5.04
Currency Exchange Gain (Loss)	0.33	0.33	1.33	8.37	-3.31	-4.37
Other Non Operating Income (Expenses)	0.85	-0.87	-0.75	-0.76	3.36	-5.3
EBT Excluding Unusual Items	46.91	53.76	88.48	89.91	87.91	41.56
Gain (Loss) on Sale of Investments	-0.6	-0.6	-15.98	53.38	6.88	4.63
Gain (Loss) on Sale of Assets	0.28	0.28	2.15	-0.43	0.06	1.02
Asset Writedown	5.92	5.92	6.47	46.52	13.59	-4.38
Legal Settlements	-	-	-	-	-3.26	-
Other Unusual Items	3.71	3.71	-	-2.49	-	-
Pretax Income	56.22	63.07	81.11	186.88	105.18	42.84
Income Tax Expense	13.09	14.44	16.1	35.58	14.91	10.91
Earnings From Continuing Operations	43.12	48.64	65.01	151.3	90.27	31.93
Net Income to Company	43.12	48.64	65.01	151.3	90.27	31.93
Minority Interest in Earnings	-17.73	-20.05	-28.51	-48.53	-32.8	-13.64
Net Income	25.4	28.59	36.5	102.77	57.48	18.29
Net Income to Common	25.4	28.59	36.5	102.77	57.48	18.29
Net Income Growth	-1.79%	-21.66%	-64.49%	78.81%	214.19%	17.52%
Shares Outstanding (Basic)	149	147	147	147	147	147
Shares Outstanding (Diluted)	150	147	148	148	148	147
Shares Change (YoY)	-2.46%	-0.50%	-0.11%	0.04%	0.19%	-
EPS (Basic)	0.17	0.20	0.25	0.70	0.39	0.12
EPS (Diluted)	0.17	0.19	0.25	0.69	0.39	0.12
EPS Growth	0.81%	-21.31%	-64.43%	79.08%	216.77%	17.43%
Free Cash Flow	33.07	33.2	-113.9	-186.15	88.51	-69.28
Free Cash Flow Per Share	0.22	0.23	-0.77	-1.26	0.60	-0.47
Dividend Per Share	0.162	0.162	0.162	0.034	0.033	0.033
Dividend Growth	-	-	376.47%	3.03%	-	-94.82%
Gross Margin	21.61%	22.36%	27.08%	24.51%	21.95%	21.38%
Operating Margin	11.93%	13.03%	18.27%	15.50%	15.37%	13.54%
Profit Margin	4.43%	5.00%	6.01%	16.56%	8.81%	3.86%
Free Cash Flow Margin	5.77%	5.80%	-18.76%	-30.00%	13.56%	-14.61%
EBITDA	73.47	79.46	115.71	103.31	105.16	69.23
EBITDA Margin	12.81%	13.89%	19.06%	16.65%	16.11%	14.60%
D&A For EBITDA	5.06	4.88	4.82	7.15	4.88	5.05
EBIT	68.41	74.58	110.89	96.16	100.28	64.19
EBIT Margin	11.93%	13.03%	18.27%	15.50%	15.37%	13.54%
Effective Tax Rate	23.29%	22.89%	19.85%	19.04%	14.18%	25.46%
Revenue as Reported	573.55	572.21	606.99	620.55	652.59	474.1

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