TLV:MSLA 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	319.25	312.37	223.76	153.73	152.94
Revenue Growth (YoY)	2.20%	39.60%	45.56%	0.52%	-0.12%
Cost of Revenue	251.24	248.78	178.15	116.78	111.38
Gross Profit	68.01	63.59	45.61	36.94	41.56
Selling, General & Admin	21.48	20.01	16.92	14.16	15.65
Other Operating Expenses	0.15	-0.43	-0.24	0.07	-
Operating Expenses	21.63	19.58	16.68	14.23	15.65
Operating Income	46.38	44.02	28.93	22.71	25.91
Interest Expense	-23.09	-13.78	-11.68	-8.94	-5.01
Interest & Investment Income	8.98	7.59	6.88	4.08	1.18
Other Non Operating Income (Expenses)	-2.66	-0	-2.31	-1.91	-2.36
EBT Excluding Unusual Items	29.62	37.83	21.82	15.95	19.71
Gain (Loss) on Sale of Assets	-	-	-	-	0.12
Asset Writedown	-0.45	-1.02	-0.16	-0.23	2.53
Pretax Income	29.17	36.81	21.66	15.72	22.37
Income Tax Expense	1.01	0.25	1.52	2.18	-1.15
Earnings From Continuing Operations	28.17	36.56	20.14	13.54	23.52
Net Income	28.17	36.56	20.14	13.54	23.52
Preferred Dividends & Other Adjustments	-	-0.75	0.21	-	-
Net Income to Common	28.17	37.31	19.93	13.54	23.52
Net Income Growth	-22.96%	81.56%	48.74%	-42.43%	81.16%
Shares Outstanding (Basic)	22	22	22	22	22
Shares Outstanding (Diluted)	22	25	25	25	23
Shares Change (YoY)	-9.89%	-3.50%	0.25%	11.93%	4.78%
EPS (Basic)	1.27	1.69	0.90	0.62	1.09
EPS (Diluted)	1.20	1.56	0.85	0.60	1.05
EPS Growth	-23.13%	82.60%	41.62%	-42.39%	74.49%
Free Cash Flow	-123.09	-66.65	-91.69	67.88	-35.45
Free Cash Flow Per Share	-5.57	-2.72	-3.61	2.68	-1.56
Dividend Per Share	-	-	0.488	0.543	0.463
Dividend Growth	-	-	-10.15%	17.27%	-
Gross Margin	21.30%	20.36%	20.38%	24.03%	27.17%
Operating Margin	14.53%	14.09%	12.93%	14.77%	16.94%
Profit Margin	8.82%	11.94%	8.91%	8.81%	15.38%
Free Cash Flow Margin	-38.56%	-21.34%	-40.98%	44.16%	-23.18%
EBITDA	50.51	46.09	30.95	24.3	27.3
EBITDA Margin	15.82%	14.75%	13.83%	15.80%	17.85%
D&A For EBITDA	4.13	2.07	2.02	1.59	1.39
EBIT	46.38	44.02	28.93	22.71	25.91
EBIT Margin	14.53%	14.09%	12.93%	14.77%	16.94%
Effective Tax Rate	3.45%	0.67%	7.03%	13.87%	-
Revenue as Reported	319.25	312.37	223.76	153.73	152.94
Advertising Expenses	0.59	0.52	0.87	0.87	0.36

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