TLV:MSLA 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	338.34	313.6	222.64	153.73	152.94	153.13
Revenue Growth (YoY)	18.32%	40.86%	44.83%	0.52%	-0.12%	2.01%
Cost of Revenue	270.91	248.94	178.76	116.78	111.38	122.01
Gross Profit	67.43	64.66	43.88	36.94	41.56	31.12
Selling, General & Admin	20.91	20.01	16.92	14.16	15.65	15.27
Other Operating Expenses	-0.46	-0.43	-0.24	0.07	-	-
Operating Expenses	20.45	19.58	16.68	14.23	15.65	15.27
Operating Income	46.99	45.09	27.19	22.71	25.91	15.85
Interest Expense	-18.91	-11.65	-11.68	-8.94	-5.01	-4.47
Interest & Investment Income	8.75	7.59	7.18	4.08	1.18	1.52
Other Non Operating Income (Expenses)	-2.45	-2.45	-1.08	-1.91	-2.36	-1.96
EBT Excluding Unusual Items	34.38	38.58	21.61	15.95	19.71	10.94
Gain (Loss) on Sale of Assets	-	-	-	-	0.12	-0
Asset Writedown	-0.9	-1.02	-0.16	-0.23	2.53	-0.73
Pretax Income	33.48	37.56	21.45	15.72	22.37	10.21
Income Tax Expense	-1.62	0.25	1.52	2.18	-1.15	-3.97
Earnings From Continuing Operations	35.1	37.31	19.93	13.54	23.52	14.19
Earnings From Discontinued Operations	-	-	-	-	-	-1.21
Net Income	35.1	37.31	19.93	13.54	23.52	12.98
Net Income to Common	35.1	37.31	19.93	13.54	23.52	12.98
Net Income Growth	4.28%	87.23%	47.19%	-42.43%	81.16%	49.30%
Shares Outstanding (Basic)	22	22	22	22	22	22
Shares Outstanding (Diluted)	24	25	25	25	23	22
Shares Change (YoY)	-7.64%	-3.50%	0.25%	11.93%	4.78%	-
EPS (Basic)	1.57	1.69	0.90	0.62	1.09	0.60
EPS (Diluted)	1.51	1.56	0.85	0.60	1.05	0.60
EPS Growth	10.15%	82.60%	41.62%	-42.39%	74.49%	50.67%
Free Cash Flow	-113.67	-66.65	-91.69	67.88	-35.45	30.5
Free Cash Flow Per Share	-4.75	-2.72	-3.61	2.68	-1.56	1.41
Dividend Per Share	-	-	0.488	0.543	0.463	-
Dividend Growth	-	-	-10.15%	17.27%	-	-
Gross Margin	19.93%	20.62%	19.71%	24.03%	27.17%	20.32%
Operating Margin	13.89%	14.38%	12.21%	14.77%	16.94%	10.35%
Profit Margin	10.37%	11.90%	8.95%	8.81%	15.38%	8.48%
Free Cash Flow Margin	-33.60%	-21.25%	-41.18%	44.16%	-23.18%	19.91%
EBITDA	50.45	47.16	28.57	24.3	27.3	17.38
EBITDA Margin	14.91%	15.04%	12.83%	15.80%	17.85%	11.35%
D&A For EBITDA	3.47	2.07	1.37	1.59	1.39	1.53
EBIT	46.99	45.09	27.19	22.71	25.91	15.85
EBIT Margin	13.89%	14.38%	12.21%	14.77%	16.94%	10.35%
Effective Tax Rate	-	0.66%	7.10%	13.87%	-	-
Revenue as Reported	338.34	313.6	222.64	153.73	152.94	153.13
Advertising Expenses	-	0.59	0.52	0.87	0.36	0.44

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