Megureit Israel Ltd (TLV:MGRT)

Megureit 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
Rental Revenue	68.29	57.54	46.99	32.33	19.96
Total Revenue	68.29	57.54	46.99	32.33	19.96
Revenue Growth (YoY	18.68%	22.43%	45.34%	62.03%	43.23%
Property Expenses	4.23	3.31	2.55	3.2	2.67
Selling, General & Administrative	35.96	68.85	39.55	35.71	28.31
Total Operating Expenses	40.19	72.16	42.09	38.91	30.97
Operating Income	28.09	-14.62	4.9	-6.57	-11.02
Interest Expense	-85.44	-27.36	-32.88	-21.94	-16.47
Interest & Investment Income	-	16.46	5.51	0.87	1.72
Other Non-Operating Income	11.73	-51.84	-63.54	-29.28	-9
EBT Excluding Unusual Items	-45.62	-77.37	-86.01	-56.91	-34.76
Gain (Loss) on Sale of Investments	-	0.22	-1.65	2.15	-4.05
Asset Writedown	187.74	126.15	318.77	244.33	53.99
Other Unusual Items	6.81	2.43	-	-	-
Pretax Income	148.93	51.44	231.11	189.58	15.19
Net Income	148.93	51.44	231.11	189.58	15.19
Net Income to Common	148.93	51.44	231.11	189.58	15.19
Net Income Growth	189.51%	-77.74%	21.91%	1148.11%	-29.80%
Basic Shares Outstanding	141	131	129	109	98
Diluted Shares Outstanding	142	131	139	128	98
Shares Change (YoY)	8.52%	-5.88%	8.51%	31.13%	136.78%
EPS (Basic)	1.06	0.39	1.79	1.74	0.16
EPS (Diluted)	1.05	0.39	1.74	1.51	0.16
EPS Growth	169.23%	-77.61%	15.15%	872.19%	-67.58%
Dividend Per Share	-	0.053	-	0.097	-
Operating Margin	41.14%	-25.41%	10.43%	-20.33%	-55.20%
Profit Margin	218.10%	89.41%	491.80%	586.32%	76.12%
EBITDA	28.64	-14.38	5.16	-5.97	-10.39
EBITDA Margin	41.94%	-24.98%	10.97%	-18.46%	-52.08%
D&A For Ebitda	0.54	0.25	0.26	0.6	0.62
EBIT	28.09	-14.62	4.9	-6.57	-11.02
EBIT Margin	41.14%	-25.41%	10.43%	-20.33%	-55.20%

Updated Nov 24, 2024. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.