Lewinsky-Ofer Income Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	33.81	27.77	11.63	54.99	79.42	57.86
Revenue Growth (YoY)	60.00%	138.70%	-78.85%	-30.76%	37.27%	-48.37%
Cost of Revenue	31.47	27.09	13.82	55.04	76.82	55.97
Gross Profit	2.34	0.68	-2.19	-0.05	2.6	1.89
Selling, General & Admin	9.4	10.09	8.45	7.89	5.87	5.12
Other Operating Expenses	-23.61	-22.27	-0.61	-0.37	-0.05	-0.14
Operating Expenses	-14.2	-12.18	7.83	7.52	5.81	4.98
Operating Income	16.55	12.86	-10.02	-7.57	-3.21	-3.1
Interest Expense	-8.05	-11.18	-7.27	-8.25	-6.81	-5.87
Interest & Investment Income	3.35	2.07	2.31	1.38	1.12	2.1
Earnings From Equity Investments	-0.8	-0.39	-0.28	-0.25	-0.06	-0.01
Other Non Operating Income (Expenses)	-0.67	-0.67	-0.72	-0.17	-0.18	-0.16
EBT Excluding Unusual Items	10.38	2.69	-15.98	-14.86	-9.14	-7.04
Other Unusual Items	-	0.02	0.08	0.11	-0.04	0.22
Pretax Income	-2.39	2.71	-15.9	-14.74	-9.18	-6.82
Income Tax Expense	0.26	0.06	-2.9	-3.02	-1.96	-1.53
Net Income	-2.65	2.65	-13	-11.72	-7.22	-5.28
Net Income to Common	-2.65	2.65	-13	-11.72	-7.22	-5.28
Shares Outstanding (Basic)	35	24	24	23	22	21
Shares Outstanding (Diluted)	35	26	24	23	22	21
Shares Change (YoY)	-	7.81%	4.71%	5.83%	4.26%	7.88%
EPS (Basic)	-0.08	0.11	-0.54	-0.51	-0.33	-0.25
EPS (Diluted)	-0.08	0.10	-0.54	-0.51	-0.33	-0.30
Free Cash Flow	-33.08	-10.23	-15.7	-45.3	-23.77	-3.84
Free Cash Flow Per Share	-0.95	-0.39	-0.65	-1.96	-1.09	-0.18
Gross Margin	6.93%	2.44%	-18.79%	-0.10%	3.28%	3.26%
Operating Margin	48.94%	46.30%	-86.11%	-13.77%	-4.04%	-5.35%
Profit Margin	-7.83%	9.53%	-111.73%	-21.32%	-9.09%	-9.13%
Free Cash Flow Margin	-97.83%	-36.85%	-134.96%	-82.38%	-29.93%	-6.64%
EBITDA	16.51	12.93	-9.91	-6.67	-2.4	-2.44
EBITDA Margin	48.84%	46.56%	-85.21%	-12.13%	-3.02%	-4.22%
D&A For EBITDA	-0.03	0.07	0.11	0.9	0.81	0.66
EBIT	16.55	12.86	-10.02	-7.57	-3.21	-3.1
EBIT Margin	48.94%	46.30%	-86.11%	-13.77%	-4.04%	-5.35%
Effective Tax Rate	-	2.36%	-	-	-	-
Advertising Expenses	-	0.62	0.78	0.92	0.36	0.21

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