Kardan Israel Ltd (TLV:KRDI)

Kardan Israel Income Statement

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

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

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