Meitav Investment House 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
Operating Revenue	1,511	1,301	1,068	993	924	833
Other Revenue	373	318	245	199	188	162
Revenue	1,884	1,619	1,313	1,192	1,112	995
Revenue Growth (YoY)	24.27%	23.30%	10.15%	7.19%	11.76%	7.57%
Cost of Revenue	329	329	326	331	310	282
Gross Profit	1,555	1,290	987	861	802	713
Selling, General & Admin	690	591	505	460	401	350
Operating Expenses	771	672	579	524	463	409
Operating Income	784	618	408	337	339	304
Interest Expense	-215	-187	-156	-116	-73	-51
Interest & Investment Income	264	30	37	7	32	19
Earnings From Equity Investments	1	-27	-22	-24	-3	6
Currency Exchange Gain (Loss)	1	1	2	3	-	1
Other Non Operating Income (Expenses)	-15	-11	-13	-20	-36	-11
EBT Excluding Unusual Items	820	424	256	187	259	268
Impairment of Goodwill	-	-	-	-	-	-41
Gain (Loss) on Sale of Investments	28	-	32	-1	3	-
Gain (Loss) on Sale of Assets	3	3	-5	12	-	76
Legal Settlements	169	-34	-32	-26	-558	-22
Other Unusual Items	-	-	-	-	-3	-
Pretax Income	1,020	393	251	172	-299	281
Income Tax Expense	163	103	94	77	93	89
Earnings From Continuing Operations	857	290	157	95	-392	192
Minority Interest in Earnings	-44	-34	-27	-21	-22	-30
Net Income	813	256	130	74	-414	162
Net Income to Common	813	256	130	74	-414	162
Net Income Growth	289.00%	96.92%	75.68%	-	-	107.69%
Shares Outstanding (Basic)	79	78	79	68	66	65
Shares Outstanding (Diluted)	79	78	79	68	66	65
Shares Change (YoY)	0.42%	-0.01%	16.16%	2.54%	0.98%	-1.68%
EPS (Basic)	10.33	3.26	1.66	1.10	-6.28	2.49
EPS (Diluted)	10.32	3.26	1.66	1.09	-6.29	2.49
EPS Growth	287.32%	96.86%	51.93%	-	-	112.77%
Free Cash Flow	-263	13	364	-60	154	-12
Free Cash Flow Per Share	-3.34	0.17	4.64	-0.89	2.34	-0.18
Dividend Per Share	2.650	1.590	0.830	-	0.380	0.770
Dividend Growth	74.34%	91.57%	-	-	-50.65%	45.28%
Gross Margin	82.54%	79.68%	75.17%	72.23%	72.12%	71.66%
Operating Margin	41.61%	38.17%	31.07%	28.27%	30.49%	30.55%
Profit Margin	43.15%	15.81%	9.90%	6.21%	-37.23%	16.28%
Free Cash Flow Margin	-13.96%	0.80%	27.72%	-5.03%	13.85%	-1.21%
EBITDA	816	641	432	421	424	388
EBITDA Margin	43.31%	39.59%	32.90%	35.32%	38.13%	39.00%
D&A For EBITDA	32	23	24	84	85	84
EBIT	784	618	408	337	339	304
EBIT Margin	41.61%	38.17%	31.07%	28.27%	30.49%	30.55%
Effective Tax Rate	15.98%	26.21%	37.45%	44.77%	-	31.67%
Revenue as Reported	2,087	1,619	1,313	1,192	1,112	995
Advertising Expenses	-	26	32	45	43	18

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