TLV:MSHR 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	340.9	467.59	469.97	469.4	454.53
Revenue	340.9	467.59	469.97	469.4	454.53
Revenue Growth (YoY)	-27.09%	-0.51%	0.12%	3.27%	4.93%
Cost of Revenue	200.48	318.59	315.71	291.6	290.56
Gross Profit	140.42	149	154.26	177.8	163.97
Selling, General & Admin	36.04	44.31	46.55	41.79	37.97
Other Operating Expenses	8.35	11.58	20.58	17.82	6.31
Operating Expenses	85.04	111.09	106.92	96.79	90.76
Operating Income	55.38	37.9	47.34	81.02	73.21
Interest Expense	-105.79	-146.67	-121.72	-90.09	-86.71
Interest & Investment Income	23.25	23.3	21.42	18.26	-
Earnings From Equity Investments	0.58	-1.45	2.88	3.94	1.01
Currency Exchange Gain (Loss)	-11.6	-11.29	-9.89	-20.63	-6.06
Other Non Operating Income (Expenses)	-122.05	-18.51	-61.94	16.07	3.12
EBT Excluding Unusual Items	-160.23	-116.7	-121.9	8.57	-15.42
Merger & Restructuring Charges	-	-	-	-	-0.1
Gain (Loss) on Sale of Investments	-	-1.56	-	-	-
Gain (Loss) on Sale of Assets	-0.16	-50.16	-3.1	-4.09	17.81
Asset Writedown	29.55	58.51	2.18	68.71	151.97
Other Unusual Items	-1.21	-2.86	-2.01	-1.62	-0.91
Pretax Income	-132.05	-112.78	-124.83	71.57	153.34
Income Tax Expense	27.61	-4.11	-10.49	23.44	4.27
Earnings From Continuing Operations	-159.66	-108.66	-114.35	48.13	149.07
Minority Interest in Earnings	107.64	86.42	74.57	2.8	-46.12
Net Income	-52.02	-22.25	-39.78	50.92	102.95
Net Income to Common	-52.02	-22.25	-39.78	50.92	102.95
Net Income Growth	-	-	-	-50.54%	-
Shares Outstanding (Basic)	35	35	35	35	35
Shares Outstanding (Diluted)	35	35	35	35	35
Shares Change (YoY)	-	-	0.02%	0.55%	1.21%
EPS (Basic)	-1.49	-0.64	-1.14	1.46	2.98
EPS (Diluted)	-1.49	-0.64	-1.14	1.46	2.98
EPS Growth	-	-	-	-50.97%	-
Free Cash Flow	-24.19	-77.82	-226.88	-96.53	84.22
Free Cash Flow Per Share	-0.69	-2.24	-6.52	-2.77	2.43
Gross Margin	41.19%	31.86%	32.82%	37.88%	36.08%
Operating Margin	16.24%	8.11%	10.07%	17.26%	16.11%
Profit Margin	-15.26%	-4.76%	-8.46%	10.85%	22.65%
Free Cash Flow Margin	-7.10%	-16.64%	-48.27%	-20.56%	18.53%
EBITDA	96.47	87.7	87.64	118.37	126.12
EBITDA Margin	28.30%	18.76%	18.65%	25.22%	27.75%
D&A For EBITDA	41.09	49.8	40.3	37.35	52.91
EBIT	55.38	37.9	47.34	81.02	73.21
EBIT Margin	16.24%	8.11%	10.07%	17.26%	16.11%
Effective Tax Rate	-	-	-	32.75%	2.79%
Revenue as Reported	340.9	467.59	469.97	469.4	454.53

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