TLV:MNIN 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	1,049	1,024	1,059	1,115	906.18	832.42
Revenue Growth (YoY)	5.63%	-3.33%	-5.00%	23.03%	8.86%	3.76%
Cost of Revenue	765.94	746.71	781.45	831.88	665.93	619.44
Gross Profit	283.23	277.19	277.74	283.01	240.25	212.98
Selling, General & Admin	207.36	194.17	203.81	194.15	169.96	157.51
Other Operating Expenses	-0.74	-0.97	-	-	-	-
Operating Expenses	206.62	193.21	203.81	194.15	169.96	157.51
Operating Income	76.61	83.98	73.93	88.86	70.29	55.47
Interest Expense	-12.76	-12.87	-15.37	-13	-10.37	-7.25
Interest & Investment Income	3.34	-	-	-	-	-
Currency Exchange Gain (Loss)	1.01	1.01	0.14	-6.1	3.44	0.29
Other Non Operating Income (Expenses)	-0.99	-0.99	0.07	0.62	-1.21	-1.03
EBT Excluding Unusual Items	67.22	71.14	58.77	70.38	62.16	47.48
Other Unusual Items	-	-	-	25.8	-	-
Pretax Income	67.22	71.14	58.77	96.18	62.16	47.48
Income Tax Expense	16.54	16.56	13.54	15.95	24.3	16.58
Earnings From Continuing Operations	50.68	54.58	45.23	80.23	37.86	30.9
Net Income to Company	50.68	54.58	45.23	80.23	37.86	30.9
Minority Interest in Earnings	-7.67	-6.65	-7.79	-5.23	-6.55	-5.73
Net Income	43.01	47.93	37.44	74.99	31.31	25.17
Net Income to Common	43.01	47.93	37.44	74.99	31.31	25.17
Net Income Growth	7.85%	28.01%	-50.07%	139.51%	24.41%	59.02%
Shares Outstanding (Basic)	40	40	39	39	40	39
Shares Outstanding (Diluted)	40	40	39	39	40	39
Shares Change (YoY)	1.87%	0.50%	-0.14%	-0.41%	0.79%	-0.75%
EPS (Basic)	1.08	1.21	0.95	1.90	0.79	0.64
EPS (Diluted)	1.08	1.21	0.95	1.90	0.79	0.64
EPS Growth	5.87%	27.37%	-50.00%	140.51%	23.44%	60.22%
Free Cash Flow	102.98	127.61	130.27	55.2	-87.79	60.87
Free Cash Flow Per Share	2.58	3.22	3.31	1.40	-2.21	1.55
Dividend Per Share	0.606	0.606	0.328	0.656	0.278	0.222
Dividend Growth	84.62%	84.62%	-50.00%	136.37%	24.99%	-
Gross Margin	27.00%	27.07%	26.22%	25.38%	26.51%	25.59%
Operating Margin	7.30%	8.20%	6.98%	7.97%	7.76%	6.66%
Profit Margin	4.10%	4.68%	3.54%	6.73%	3.45%	3.02%
Free Cash Flow Margin	9.81%	12.46%	12.30%	4.95%	-9.69%	7.31%
EBITDA	85.02	92.62	83.43	98.97	79.78	65.18
EBITDA Margin	8.10%	9.05%	7.88%	8.88%	8.80%	7.83%
D&A For EBITDA	8.41	8.64	9.5	10.12	9.5	9.71
EBIT	76.61	83.98	73.93	88.86	70.29	55.47
EBIT Margin	7.30%	8.20%	6.98%	7.97%	7.76%	6.66%
Effective Tax Rate	24.61%	23.27%	23.04%	16.59%	39.09%	34.92%
Advertising Expenses	-	0.33	0.72	0.7	1.03	0.53

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.