Rafa Laboratories Income Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	459.86	418.44	420.08	355.2
Revenue Growth	-	-0.39%	18.27%	-
Cost of Revenue	237.04	220.33	218.88	196.91
Gross Profit	222.82	198.11	201.2	158.29
Selling, General & Admin	83.61	81.7	82.07	76.62
Research & Development	3.77	4.08	4.49	2.68
Other Operating Expenses	0.66	0.66	0.62	0.69
Operating Expenses	88.04	86.44	87.19	79.98
Operating Income	134.77	111.67	114.01	78.31
Interest Expense	-1.15	-0.91	-1.22	-1.31
Interest & Investment Income	1.38	0.62	0.23	0.13
Earnings From Equity Investments	0.58	0.01	-1.19	-2.11
Currency Exchange Gain (Loss)	-2.1	-2.1	-1.61	0.32
Other Non Operating Income (Expenses)	0.32	0.32	0.24	-
EBT Excluding Unusual Items	133.79	109.61	110.47	75.35
Gain (Loss) on Sale of Investments	1.2	1.2	-0.24	0.38
Pretax Income	135	110.81	110.23	75.73
Income Tax Expense	11.83	10.47	10.8	9.51
Net Income	123.16	100.34	99.43	66.22
Net Income to Common	123.16	100.34	99.43	66.22
Net Income Growth	-	0.91%	50.16%	-
Shares Outstanding (Basic)	2,855	2,867	2,924	2,879
Shares Outstanding (Diluted)	2,855	2,951	2,924	3,010
Shares Change	-	0.91%	-2.84%	-
EPS (Basic)	0.04	0.04	0.03	0.02
EPS (Diluted)	0.04	0.03	0.03	0.02
EPS Growth	-	0%	54.55%	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Free Cash Flow	111.38	95.15	135.71	33.16
Free Cash Flow Per Share	0.04	0.03	0.05	0.01
Gross Margin	48.45%	47.34%	47.89%	44.56%
Operating Margin	29.31%	26.69%	27.14%	22.05%
Profit Margin	26.78%	23.98%	23.67%	18.64%
Free Cash Flow Margin	24.22%	22.74%	32.30%	9.34%
EBITDA	144.19	120.85	122.59	90.14
EBITDA Margin	31.36%	28.88%	29.18%	25.38%
D&A For EBITDA	9.42	9.19	8.57	11.83
EBIT	134.77	111.67	114.01	78.31
EBIT Margin	29.31%	26.69%	27.14%	22.05%
Effective Tax Rate	8.77%	9.45%	9.80%	12.56%
Advertising Expenses	-	14.31	15.77	13.82