Mediterranean Towers Ltd. (TLV:MDTR)

Mediterranean Towers 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	257.22	252.19	240.79	234.29	213.1	206.64
Revenue Growth (YoY)	6.48%	4.73%	2.77%	9.95%	3.13%	5.78%
Cost of Revenue	131.47	126.29	135.6	145.87	137.86	131.01
Gross Profit	125.75	125.89	105.2	88.42	75.24	75.63
Selling, General & Admin	58.37	53.54	52.57	58.29	53.16	46.91
Other Operating Expenses	8.81	8.55	6.36	19.02	6.93	5.37
Operating Expenses	67.18	62.09	58.93	77.31	60.09	52.28
Operating Income	58.57	63.81	46.27	11.11	15.15	23.35
Interest Expense	-31.47	-26.64	-23.15	-22.72	-24.04	-22.66
Interest & Investment Income	16.4	16.4	12.85	3.6	1.13	0.16
Other Non Operating Income (Expenses)	-85.15	-84.64	-80.45	-119.03	-47.01	9.5
EBT Excluding Unusual Items	-41.65	-31.08	-44.49	-127.04	-54.77	10.34
Gain (Loss) on Sale of Investments	-0.02	-0.02	0.09	-13.29	1.82	5.58
Asset Writedown	381.7	403.62	367.34	313.23	501.9	-9.27
Other Unusual Items	-0.4	-0.4	-0.5	-	-	-15.97
Pretax Income	339.63	372.13	322.44	172.9	448.95	-9.31
Income Tax Expense	63.01	63.37	76.87	31.56	105	2.65
Earnings From Continuing Operations	276.62	308.76	245.58	141.34	343.95	-11.96
Minority Interest in Earnings	-39.42	-41.66	-25	-20.42	-47.28	-0.78
Net Income	237.2	267.11	220.58	120.92	296.67	-12.74
Net Income to Common	237.2	267.11	220.58	120.92	296.67	-12.74
Net Income Growth	8.43%	21.09%	82.42%	-59.24%	-	-
Shares Outstanding (Basic)	151	151	150	150	150	150
Shares Outstanding (Diluted)	152	151	151	151	151	151
Shares Change (YoY)	0.56%	0.13%	-0.10%	0.13%	0.36%	2.62%
EPS (Basic)	1.57	1.77	1.47	0.80	1.98	-0.08
EPS (Diluted)	1.56	1.76	1.46	0.80	1.96	-0.08
EPS Growth	7.46%	20.55%	82.50%	-59.18%	-	-
Free Cash Flow	179.51	90.63	6.39	111.67	176.54	41.42
Free Cash Flow Per Share	1.18	0.60	0.04	0.74	1.17	0.28
Dividend Per Share	0.664	0.664	0.532	0.399	0.866	0.200
Dividend Growth	24.89%	24.89%	33.25%	-53.93%	333.23%	-
Gross Margin	48.89%	49.92%	43.69%	37.74%	35.31%	36.60%
Operating Margin	22.77%	25.30%	19.21%	4.74%	7.11%	11.30%
Profit Margin	92.22%	105.92%	91.61%	51.61%	139.22%	-6.17%
Free Cash Flow Margin	69.79%	35.94%	2.65%	47.66%	82.84%	20.05%
EBITDA	63.63	68.89	47.42	26.36	17.13	25.16
EBITDA Margin	24.73%	27.32%	19.70%	11.25%	8.04%	12.18%
D&A For EBITDA	5.06	5.09	1.16	15.25	1.98	1.81
EBIT	58.57	63.81	46.27	11.11	15.15	23.35
EBIT Margin	22.77%	25.30%	19.21%	4.74%	7.11%	11.30%
Effective Tax Rate	18.55%	17.03%	23.84%	18.25%	23.39%	-
Advertising Expenses	-	7.92	12.87	17.23	14.61	11.22

Updated Nov 28, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.