TLV:MPP 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
Operating Revenue	646.63	515.23	434.72	274.76	135.47
Other Revenue	8.73	10.82	10.73	1.28	-
Revenue	655.35	526.05	445.46	276.03	135.47
Revenue Growth (YoY)	24.58%	18.09%	61.38%	103.76%	459.48%
Cost of Revenue	332.49	260.42	221.73	136.9	65.16
Gross Profit	322.86	265.63	223.73	139.13	70.31
Selling, General & Admin	203.82	182.51	156	124.49	69.83
Operating Expenses	203.82	182.51	156	124.49	69.83
Operating Income	119.04	83.13	67.73	14.64	0.49
Interest Expense	-8.48	-8.17	-8.35	-2.53	-1.71
Interest & Investment Income	-	-	-	0.12	0.06
Other Non Operating Income (Expenses)	-0.21	-0.19	-0.21	-0.05	-0
Pretax Income	110.35	74.76	59.17	12.18	-1.17
Income Tax Expense	39.84	25.19	19.86	4.49	-0.02
Net Income	70.51	49.57	39.3	7.7	-1.15
Net Income to Common	70.51	49.57	39.3	7.7	-1.15
Net Income Growth	42.23%	26.13%	410.63%	-	-
Shares Outstanding (Basic)	128	127	127	128	96
Shares Outstanding (Diluted)	131	127	127	128	96
Shares Change (YoY)	2.72%	0.26%	-1.17%	33.63%	-4.01%
EPS (Basic)	0.55	0.39	0.31	0.06	-0.01
EPS (Diluted)	0.54	0.39	0.31	0.06	-0.01
EPS Growth	38.46%	25.81%	416.67%	-	-
Free Cash Flow	27.75	25.53	-48.86	-74	-49.5
Free Cash Flow Per Share	0.21	0.20	-0.39	-0.58	-0.52
Dividend Per Share	0.481	0.406	0.156	-	-
Dividend Growth	18.51%	160.03%	-	-	-
Gross Margin	49.27%	50.50%	50.22%	50.41%	51.90%
Operating Margin	18.16%	15.80%	15.20%	5.30%	0.36%
Profit Margin	10.76%	9.42%	8.82%	2.79%	-0.85%
Free Cash Flow Margin	4.23%	4.85%	-10.97%	-26.81%	-36.54%
EBITDA	120.05	84.9	71.32	16.7	0.74
EBITDA Margin	18.32%	16.14%	16.01%	6.05%	0.55%
D&A For EBITDA	1.01	1.78	3.59	2.06	0.26
EBIT	119.04	83.13	67.73	14.64	0.49
EBIT Margin	18.16%	15.80%	15.20%	5.30%	0.36%
Effective Tax Rate	36.10%	33.69%	33.57%	36.83%	-
Revenue as Reported	655.35	526.05	445.46	276.03	135.47

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