TLV:MNIN 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	1,039	1,024	1,059	1,115	906.18
Revenue Growth (YoY)	1.51%	-3.33%	-5.00%	23.03%	8.86%
Cost of Revenue	757.87	746.71	781.45	831.88	665.93
Gross Profit	281.48	277.19	277.74	283.01	240.25
Selling, General & Admin	209.27	194.17	203.81	194.15	169.96
Other Operating Expenses	1.49	0.77	-	-	-
Operating Expenses	210.76	194.95	203.81	194.15	169.96
Operating Income	70.72	82.24	73.93	88.86	70.29
Interest Expense	-11.02	-12.87	-15.37	-13	-10.37
Currency Exchange Gain (Loss)	4.63	1.01	0.14	-6.1	3.44
Other Non Operating Income (Expenses)	-3.15	-0.99	0.07	0.62	-1.21
EBT Excluding Unusual Items	61.18	69.4	58.77	70.38	62.16
Gain (Loss) on Sale of Assets	1.29	-	-	-	-
Other Unusual Items	-	1.74	-	25.8	-
Pretax Income	62.47	71.14	58.77	96.18	62.16
Income Tax Expense	15.72	16.56	13.54	15.95	24.3
Earnings From Continuing Operations	46.75	54.58	45.23	80.23	37.86
Net Income to Company	46.75	54.58	45.23	80.23	37.86
Minority Interest in Earnings	-6.93	-6.65	-7.79	-5.23	-6.55
Net Income	39.82	47.93	37.44	74.99	31.31
Net Income to Common	39.82	47.93	37.44	74.99	31.31
Net Income Growth	-16.92%	28.01%	-50.07%	139.51%	24.41%
Shares Outstanding (Basic)	40	40	39	39	40
Shares Outstanding (Diluted)	40	40	39	39	40
Shares Change (YoY)	0.53%	0.50%	-0.14%	-0.41%	0.79%
EPS (Basic)	1.00	1.21	0.95	1.90	0.79
EPS (Diluted)	1.00	1.21	0.95	1.90	0.79
EPS Growth	-17.36%	27.37%	-50.00%	140.51%	23.44%
Free Cash Flow	95.86	127.61	130.27	55.2	-87.79
Free Cash Flow Per Share	2.41	3.22	3.31	1.40	-2.21
Dividend Per Share	0.505	0.606	0.328	0.656	0.278
Dividend Growth	-16.67%	84.62%	-50.00%	136.37%	24.99%
Gross Margin	27.08%	27.07%	26.22%	25.38%	26.51%
Operating Margin	6.80%	8.03%	6.98%	7.97%	7.76%
Profit Margin	3.83%	4.68%	3.54%	6.73%	3.45%
Free Cash Flow Margin	9.22%	12.46%	12.30%	4.95%	-9.69%
EBITDA	79.1	90.88	83.43	98.97	79.78
EBITDA Margin	7.61%	8.88%	7.88%	8.88%	8.80%
D&A For EBITDA	8.38	8.64	9.5	10.12	9.5
EBIT	70.72	82.24	73.93	88.86	70.29
EBIT Margin	6.80%	8.03%	6.98%	7.97%	7.76%
Effective Tax Rate	25.17%	23.27%	23.04%	16.59%	39.09%
Advertising Expenses	0.45	0.33	0.72	0.7	1.03

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