TLV:RATI Income Statement

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

Millions USD. 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	276.74	310.93	305.12	321.99	244.47
Revenue Growth (YoY)	-11.00%	1.91%	-5.24%	31.71%	50.31%
Cost of Revenue	48.77	54.56	47.74	42.58	37.34
Gross Profit	227.98	256.37	257.38	279.41	207.13
Selling, General & Admin	10.52	8.48	9.64	9.55	6.73
Other Operating Expenses	1.02	0.69	0.58	0.34	0.23
Operating Expenses	41.05	37.64	37.98	39.69	36.06
Operating Income	186.92	218.73	219.4	239.72	171.08
Interest Expense	-36.86	-49.14	-60.93	-53.76	-51.25
Interest & Investment Income	3.53	4.09	5.59	1.29	0.29
Currency Exchange Gain (Loss)	1.35	-0.99	-0.72	6.3	-2.92
Other Non Operating Income (Expenses)	-0.32	5.96	4.82	7.91	-0.48
EBT Excluding Unusual Items	154.63	178.65	168.16	201.46	116.72
Gain (Loss) on Sale of Investments	2.48	2.66	-1.86	-3.41	-14.41
Other Unusual Items	-	0.09	0.08	-1.35	-0.14
Pretax Income	157.11	181.39	166.38	196.7	102.16
Income Tax Expense	31.82	41.95	39.56	47.15	24.72
Net Income	125.29	139.44	126.82	149.55	77.44
Net Income to Common	125.29	139.44	126.82	149.55	77.44
Net Income Growth	-10.15%	9.96%	-15.20%	93.11%	1014.74%
Shares Outstanding (Basic)	1,124	1,124	1,124	1,124	1,124
Shares Outstanding (Diluted)	1,124	1,124	1,124	1,124	1,124
Shares Change (YoY)	-	-	-	0.00%	0.00%
EPS (Basic)	0.11	0.12	0.11	0.13	0.07
EPS (Diluted)	0.11	0.12	0.11	0.13	0.07
EPS Growth	-10.54%	9.96%	-15.20%	93.11%	1014.80%
Free Cash Flow	124.43	118.66	152.47	139.43	113.15
Free Cash Flow Per Share	0.11	0.11	0.14	0.12	0.10
Dividend Per Share	0.116	0.062	0.053	0.053	0.012
Dividend Growth	85.71%	16.67%	-	331.00%	-
Gross Margin	82.38%	82.45%	84.36%	86.78%	84.73%
Operating Margin	67.54%	70.35%	71.91%	74.45%	69.98%
Profit Margin	45.27%	44.85%	41.56%	46.44%	31.68%
Free Cash Flow Margin	44.96%	38.16%	49.97%	43.30%	46.28%
EBITDA	216.41	247.15	246.01	269.39	199.07
EBITDA Margin	78.20%	79.49%	80.63%	83.66%	81.43%
D&A For EBITDA	29.49	28.43	26.61	29.67	28
EBIT	186.92	218.73	219.4	239.72	171.08
EBIT Margin	67.54%	70.35%	71.91%	74.45%	69.98%
Effective Tax Rate	20.26%	23.13%	23.78%	23.97%	24.20%
Revenue as Reported	276.74	310.93	305.12	321.99	244.47

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