Ralco Agencies 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
Revenue	304.85	325.92	272.11	274.94	270.09	241.36
Revenue Growth (YoY)	-4.97%	19.78%	-1.03%	1.80%	11.90%	18.62%
Cost of Revenue	226.35	238.45	200.85	202.89	182.22	170.25
Gross Profit	78.5	87.48	71.26	72.05	87.87	71.11
Selling, General & Admin	31.51	32.43	30.27	31.38	32.48	31.88
Other Operating Expenses	-0	-0.18	-	-	0.01	0
Operating Expenses	31.51	32.25	30.27	31.38	32.49	31.89
Operating Income	46.99	55.23	40.99	40.68	55.37	39.22
Interest Expense	-9.83	-4.55	-4.23	-4.03	-4.37	-3.18
Interest & Investment Income	1.17	0.68	-	-	0.32	-
Currency Exchange Gain (Loss)	0.34	0.34	-1.76	-2.16	0.83	1.33
Other Non Operating Income (Expenses)	-4.44	-4.44	-5.29	-1.81	-2.23	-3.87
Pretax Income	34.22	47.26	29.71	32.68	49.92	33.5
Income Tax Expense	7.53	10.68	6.85	7.25	11.75	7.79
Net Income	26.69	36.58	22.87	25.43	38.17	25.71
Net Income to Common	26.69	36.58	22.87	25.43	38.17	25.71
Net Income Growth	-20.50%	59.94%	-10.06%	-33.38%	48.44%	61.15%
Shares Outstanding (Basic)	4	4	4	4	4	4
Shares Outstanding (Diluted)	4	4	4	4	4	4
Shares Change (YoY)	-0.17%	-0.90%	0.10%	0.10%	0.37%	0.34%
EPS (Basic)	6.54	8.97	5.61	6.23	9.35	6.30
EPS (Diluted)	6.53	8.97	5.56	6.19	9.29	6.28
EPS Growth	-20.39%	61.32%	-10.18%	-33.37%	47.93%	60.49%
Free Cash Flow	-14.33	2.54	31.26	-4.99	20.31	55.84
Free Cash Flow Per Share	-3.50	0.62	7.60	-1.21	4.95	13.65
Dividend Per Share	7.348	3.674	6.735	3.062	7.348	5.389
Dividend Growth	9.09%	-45.46%	119.99%	-58.33%	36.36%	143.72%
Gross Margin	25.75%	26.84%	26.19%	26.21%	32.53%	29.46%
Operating Margin	15.42%	16.94%	15.06%	14.79%	20.50%	16.25%
Profit Margin	8.76%	11.22%	8.40%	9.25%	14.13%	10.65%
Free Cash Flow Margin	-4.70%	0.78%	11.49%	-1.81%	7.52%	23.14%
EBITDA	47.41	55.61	41.39	43.02	61.13	44.33
EBITDA Margin	15.55%	17.06%	15.21%	15.65%	22.63%	18.37%
D&A For EBITDA	0.42	0.39	0.4	2.34	5.76	5.11
EBIT	46.99	55.23	40.99	40.68	55.37	39.22
EBIT Margin	15.42%	16.94%	15.06%	14.79%	20.50%	16.25%
Effective Tax Rate	22.01%	22.60%	23.04%	22.20%	23.54%	23.24%
Advertising Expenses	-	4.76	4.11	4.41	6.11	6.37

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