Polygon Real Estate Ltd (TLV:POLY)

Polygon Real Estate Income Statement

Financials in millions ILS. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	30	28.65	26.73	22.78	19.62
Revenue Growth (YoY)	4.73%	7.18%	17.33%	16.13%	3.08%
Cost of Revenue	9.69	9.67	8.9	8.18	7.38
Gross Profit	20.32	18.97	17.82	14.6	12.23
Selling, General & Admin	2.17	2.84	3.03	1.22	0.98
Other Operating Expenses	-3.1	1.43	0.91	2.96	0.31
Operating Expenses	-0.92	4.27	3.93	4.18	1.29
Operating Income	21.24	14.7	13.89	10.43	10.95
Interest Expense	-0.03	-0.02	-0.25	-0.3	-0.33
Interest & Investment Income	0.18	0.01	0.25	0.28	-
Other Non Operating Income (Expenses)	3.2	1.9	0.18	0.02	0.06
EBT Excluding Unusual Items	24.59	16.59	14.07	10.42	10.68
Gain (Loss) on Sale of Investments	-	-0.06	-1.04	4.08	1.01
Asset Writedown	-	-0.16	-0.29	-	-
Legal Settlements	-	-0.03	-	-0.72	-0.47
Pretax Income	24.59	21.44	27.38	13.78	11.22
Income Tax Expense	5.29	4.6	5.8	3.17	2.57
Net Income	19.3	16.84	21.58	10.61	8.65
Net Income to Common	19.3	16.84	21.58	10.61	8.65
Net Income Growth	14.63%	-21.98%	103.47%	22.62%	9.94%
Shares Outstanding (Basic)	5	5	5	5	5
Shares Outstanding (Diluted)	5	5	5	5	5
EPS (Basic)	3.75	3.27	4.19	2.06	1.68
EPS (Diluted)	3.75	3.27	4.19	2.06	1.68
EPS Growth	14.63%	-21.98%	103.47%	22.62%	9.94%
Free Cash Flow	23.01	15.94	16.3	14.96	12.24
Free Cash Flow Per Share	4.47	3.10	3.17	2.91	2.38
Gross Margin	67.72%	66.24%	66.69%	64.10%	62.36%
Operating Margin	70.79%	51.33%	51.97%	45.76%	55.81%
Profit Margin	64.34%	58.79%	80.75%	46.56%	44.10%
Free Cash Flow Margin	76.70%	55.65%	60.99%	65.65%	62.39%
EBITDA	26.57	20.05	19.34	15.99	15.91
EBITDA Margin	88.57%	70.00%	72.36%	70.20%	81.09%
D&A For EBITDA	5.33	5.35	5.45	5.57	4.96
EBIT	21.24	14.7	13.89	10.43	10.95
EBIT Margin	70.79%	51.33%	51.97%	45.76%	55.81%
Effective Tax Rate	21.50%	21.44%	21.17%	23.00%	22.88%

Updated Aug 15, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.