Multi Retail Group 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	761.58	786.1	745.21	745.87	715.49	671.76
Revenue Growth (YoY)	0.19%	5.49%	-0.09%	4.25%	6.51%	17.73%
Cost of Revenue	389.18	396.88	392.91	414.04	387.16	385.82
Gross Profit	372.41	389.22	352.3	331.83	328.33	285.94
Selling, General & Admin	341.58	349.47	350.63	318.6	273.97	229.25
Other Operating Expenses	1.07	1.7	-	-	-	-
Operating Expenses	342.65	351.17	350.63	318.6	273.97	229.25
Operating Income	29.76	38.05	1.67	13.23	54.36	56.69
Interest Expense	-22.1	-22.2	-24.22	-18.17	-12.27	-13.38
Interest & Investment Income	0.19	0.27	0.1	0.03	0.04	0.08
Currency Exchange Gain (Loss)	0.5	0.5	-0.83	0.08	0.9	0.7
Other Non Operating Income (Expenses)	-4.62	-4.62	-4.82	-2.52	-1.02	-1.03
EBT Excluding Unusual Items	3.72	12	-28.09	-7.33	42	43.06
Merger & Restructuring Charges	-	-	-3.16	-0.68	-	-
Impairment of Goodwill	-	-2.72	-27.41	-	-	-
Gain (Loss) on Sale of Investments	-	-	-0.45	-	-	-
Gain (Loss) on Sale of Assets	-	-	-0	0.02	-0.16	-0.08
Legal Settlements	-	-	0.97	-	-2.35	-
Other Unusual Items	5.58	5.58	-	0.01	0.57	0.2
Pretax Income	9.31	14.86	-58.14	-7.99	40.05	43.17
Income Tax Expense	2.14	3.46	-13.47	-1.16	9.28	10.23
Net Income	7.17	11.41	-44.67	-6.83	30.77	32.94
Net Income to Common	7.17	11.41	-44.67	-6.83	30.77	32.94
Net Income Growth	43.86%	-	-	-	-6.57%	353.44%
Shares Outstanding (Basic)	26	26	24	23	23	20
Shares Outstanding (Diluted)	26	26	24	23	23	21
Shares Change (YoY)	-0.18%	8.46%	4.06%	-0.36%	12.15%	0.61%
EPS (Basic)	0.27	0.43	-1.84	-0.29	1.32	1.61
EPS (Diluted)	0.27	0.43	-1.84	-0.29	1.31	1.57
EPS Growth	45.73%	-	-	-	-16.56%	348.57%
Free Cash Flow	115.72	87.27	66.79	101.61	52.03	131.77
Free Cash Flow Per Share	4.38	3.31	2.75	4.35	2.22	6.30
Dividend Per Share	0.152	-	-	-	0.428	0.363
Dividend Growth	-	-	-	-	17.64%	-
Gross Margin	48.90%	49.51%	47.28%	44.49%	45.89%	42.57%
Operating Margin	3.91%	4.84%	0.22%	1.77%	7.60%	8.44%
Profit Margin	0.94%	1.45%	-5.99%	-0.92%	4.30%	4.90%
Free Cash Flow Margin	15.20%	11.10%	8.96%	13.62%	7.27%	19.62%
EBITDA	46.33	54.21	17.79	25.59	64.18	65.38
EBITDA Margin	6.08%	6.90%	2.39%	3.43%	8.97%	9.73%
D&A For EBITDA	16.57	16.16	16.12	12.36	9.82	8.69
EBIT	29.76	38.05	1.67	13.23	54.36	56.69
EBIT Margin	3.91%	4.84%	0.22%	1.77%	7.60%	8.44%
Effective Tax Rate	22.99%	23.26%	-	-	23.17%	23.70%
Advertising Expenses	-	27.45	29.19	23.82	24.95	18.63

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