TLV:RATI Income Statement

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

Millions USD. 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	279.48	310.93	305.12	321.99	244.47	162.64
Revenue Growth (YoY)	-11.44%	1.91%	-5.24%	31.71%	50.31%	-
Cost of Revenue	48.68	54.56	47.74	42.58	37.34	27.25
Gross Profit	230.8	256.37	257.38	279.41	207.13	135.39
Selling, General & Admin	9.23	8.48	9.64	9.55	6.73	3.17
Other Operating Expenses	0.69	0.69	0.58	0.34	0.23	-
Operating Expenses	38.32	37.64	37.98	39.69	36.06	28.1
Operating Income	192.48	218.73	219.4	239.72	171.08	107.3
Interest Expense	-40.24	-49.14	-60.93	-53.76	-51.25	-59
Interest & Investment Income	4.09	4.09	5.59	1.29	0.29	0.25
Currency Exchange Gain (Loss)	-0.99	-0.99	-0.72	6.3	-2.92	-13.8
Other Non Operating Income (Expenses)	2.96	5.96	4.82	7.91	-0.48	-2.18
EBT Excluding Unusual Items	158.3	178.65	168.16	201.46	116.72	32.57
Gain (Loss) on Sale of Investments	2.66	2.66	-1.86	-3.41	-14.41	-24.85
Other Unusual Items	0.09	0.09	0.08	-1.35	-0.14	-0.78
Pretax Income	161.04	181.39	166.38	196.7	102.16	6.95
Income Tax Expense	32.88	41.95	39.56	47.15	24.72	-
Net Income	128.15	139.44	126.82	149.55	77.44	6.95
Net Income to Common	128.15	139.44	126.82	149.55	77.44	6.95
Net Income Growth	-4.01%	9.96%	-15.20%	93.11%	1014.74%	-
Shares Outstanding (Basic)	1,124	1,124	1,124	1,124	1,124	1,124
Shares Outstanding (Diluted)	1,124	1,124	1,124	1,124	1,124	1,124
Shares Change (YoY)	0.05%	-	-	0.00%	0.00%	-
EPS (Basic)	0.11	0.12	0.11	0.13	0.07	0.01
EPS (Diluted)	0.11	0.12	0.11	0.13	0.07	0.01
EPS Growth	-4.12%	9.89%	-15.20%	93.11%	1014.80%	-
Free Cash Flow	128.69	118.66	152.47	139.43	113.15	-13.95
Free Cash Flow Per Share	0.12	0.11	0.14	0.12	0.10	-0.01
Dividend Per Share	0.036	0.062	0.053	0.053	0.012	-
Dividend Growth	-33.33%	16.67%	-	331.00%	-	-
Gross Margin	82.58%	82.45%	84.36%	86.78%	84.73%	83.25%
Operating Margin	68.87%	70.35%	71.91%	74.45%	69.98%	65.97%
Profit Margin	45.85%	44.85%	41.56%	46.44%	31.68%	4.27%
Free Cash Flow Margin	46.05%	38.16%	49.97%	43.30%	46.28%	-8.58%
EBITDA	220.85	247.15	246.01	269.39	199.07	130.74
EBITDA Margin	79.02%	79.49%	80.63%	83.66%	81.43%	80.38%
D&A For EBITDA	28.37	28.43	26.61	29.67	28	23.44
EBIT	192.48	218.73	219.4	239.72	171.08	107.3
EBIT Margin	68.87%	70.35%	71.91%	74.45%	69.98%	65.97%
Effective Tax Rate	20.42%	23.13%	23.78%	23.97%	24.20%	-
Revenue as Reported	279.48	310.93	305.12	321.99	244.47	162.64

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