Mediterranean Towers Income Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	280.8	252.19	240.79	234.29	213.1
Revenue Growth (YoY)	11.35%	4.73%	2.77%	9.95%	3.13%
Cost of Revenue	151.09	126.29	135.6	145.87	137.86
Gross Profit	129.71	125.89	105.2	88.42	75.24
Selling, General & Admin	75.56	53.54	52.57	58.29	53.16
Other Operating Expenses	5.65	8.68	3.94	19.02	6.93
Operating Expenses	81.21	62.22	56.51	77.31	60.09
Operating Income	48.51	63.68	48.69	11.11	15.15
Interest Expense	-65.53	-50.01	-30.34	-22.72	-24.04
Interest & Investment Income	37.27	39.78	20.04	3.6	1.13
Other Non Operating Income (Expenses)	-62.77	-84.64	-80.45	-119.03	-47.01
EBT Excluding Unusual Items	-42.52	-31.2	-42.07	-127.04	-54.77
Gain (Loss) on Sale of Investments	-0.99	-0.02	0.09	-13.29	1.82
Asset Writedown	607.04	403.62	367.34	313.23	501.9
Other Unusual Items	-16.71	-0.27	-2.92	-	-
Pretax Income	546.82	372.13	322.44	172.9	448.95
Income Tax Expense	132.45	63.37	76.87	31.56	105
Earnings From Continuing Operations	414.37	308.76	245.58	141.34	343.95
Minority Interest in Earnings	-26.17	-41.66	-25	-20.42	-47.28
Net Income	388.2	267.11	220.58	120.92	296.67
Net Income to Common	388.2	267.11	220.58	120.92	296.67
Net Income Growth	45.34%	21.09%	82.42%	-59.24%	-
Shares Outstanding (Basic)	151	151	150	150	150
Shares Outstanding (Diluted)	152	151	151	151	151
Shares Change (YoY)	0.27%	0.13%	-0.10%	0.13%	0.36%
EPS (Basic)	2.58	1.77	1.47	0.80	1.98
EPS (Diluted)	2.56	1.76	1.46	0.80	1.96
EPS Growth	45.45%	20.55%	82.50%	-59.18%	-
Free Cash Flow	220.36	90.76	6.8	111.67	176.54
Free Cash Flow Per Share	1.45	0.60	0.04	0.74	1.17
Dividend Per Share	-	0.664	0.532	0.399	0.866
Dividend Growth	-	24.89%	33.25%	-53.93%	333.23%
Gross Margin	46.19%	49.92%	43.69%	37.74%	35.31%
Operating Margin	17.27%	25.25%	20.22%	4.74%	7.11%
Profit Margin	138.25%	105.92%	91.61%	51.61%	139.22%
Free Cash Flow Margin	78.48%	35.99%	2.83%	47.66%	82.84%
EBITDA	49.12	68.76	49.85	26.36	17.13
EBITDA Margin	17.49%	27.27%	20.70%	11.25%	8.04%
D&A For EBITDA	0.62	5.09	1.16	15.25	1.98
EBIT	48.51	63.68	48.69	11.11	15.15
EBIT Margin	17.27%	25.25%	20.22%	4.74%	7.11%
Effective Tax Rate	24.22%	17.03%	23.84%	18.25%	23.39%
Advertising Expenses	11.59	7.92	12.87	17.23	14.61

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