TLV:MGDL 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
Premiums & Annuity Revenue	8,925	8,186	11,696	11,562	12,440
Total Interest & Dividend Income	-1,421	-1,868	4,094	4,705	3,279
Gain (Loss) on Sale of Investments	2	-17	10,351	-12,360	17,554
Other Revenue	3,630	3,954	461.53	494.2	401.02
Total Revenue	12,259	11,194	28,379	6,164	36,681
Revenue Growth (YoY)	9.51%	-60.56%	360.42%	-83.20%	65.88%
Policy Benefits	7,524	7,321	24,069	2,133	31,482
Policy Acquisition & Underwriting Costs	-	-	1,963	1,829	1,747
Selling, General & Administrative	-	-	1,292	1,123	1,113
Other Operating Expenses	1,623	1,349	-	-	26.76
Total Operating Expenses	9,147	8,670	27,324	5,086	34,369
Operating Income	3,112	2,524	1,055	1,078	2,313
Interest Expense	-294	-266	-228.08	-209.94	-172.83
Earnings From Equity Investments	1	1	-2.28	0.44	0.73
Currency Exchange Gain (Loss)	-	-	84.36	187.64	-69.43
Other Non Operating Income (Expenses)	4	-1	-46.24	-20.26	0.33
EBT Excluding Unusual Items	2,823	2,258	862.74	1,036	2,071
Impairment of Goodwill	-	-	-	-	-4.45
Gain (Loss) on Sale of Assets	-3	-2	-8.59	-2.41	-3.04
Asset Writedown	-	-	11.35	89.3	65.97
Pretax Income	2,820	2,256	865.5	1,123	2,130
Income Tax Expense	986	835	276.77	370.46	740.08
Earnings From Continuing Ops.	1,834	1,421	588.73	752.44	1,390
Minority Interest in Earnings	-2	-2	-1.55	-1.46	-1.99
Net Income	1,832	1,419	587.18	750.97	1,388
Net Income to Common	1,832	1,419	587.18	750.97	1,388
Net Income Growth	29.10%	141.66%	-21.81%	-45.89%	257.13%
Shares Outstanding (Basic)	1,056	1,054	1,054	1,054	1,054
Shares Outstanding (Diluted)	1,062	1,055	1,054	1,054	1,054
Shares Change (YoY)	0.68%	0.06%	-	-	-
EPS (Basic)	1.73	1.35	0.56	0.71	1.32
EPS (Diluted)	1.73	1.35	0.56	0.71	1.32
EPS Growth	28.49%	141.66%	-21.81%	-45.89%	257.13%
Free Cash Flow	5,521	3,339	2,405	-2,888	7,084
Free Cash Flow Per Share	5.20	3.17	2.28	-2.74	6.72
Dividend Per Share	-	0.030	0.047	0.030	0.040
Dividend Growth	-	-36.77%	58.14%	-25.00%	-
Operating Margin	25.39%	22.55%	3.72%	17.49%	6.30%
Profit Margin	14.94%	12.68%	2.07%	12.18%	3.78%
Free Cash Flow Margin	45.04%	29.83%	8.47%	-46.85%	19.31%
EBITDA	3,174	2,555	1,108	1,259	2,504
EBITDA Margin	25.89%	22.82%	3.90%	20.42%	6.83%
D&A For EBITDA	62	31	52.92	180.5	191.55
EBIT	3,112	2,524	1,055	1,078	2,313
EBIT Margin	25.39%	22.55%	3.72%	17.49%	6.30%
Effective Tax Rate	34.97%	37.01%	31.98%	32.99%	34.75%
Revenue as Reported	-	-	28,480	6,478	36,670

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.