Ralco Agencies Income Statement

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

Millions ILS. 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	301.45	325.92	272.11	274.94	270.09
Revenue Growth (YoY)	-7.51%	19.78%	-1.03%	1.80%	11.90%
Cost of Revenue	223.2	238.45	200.85	202.89	182.22
Gross Profit	78.26	87.48	71.26	72.05	87.87
Selling, General & Admin	34.03	32.43	30.27	31.38	32.48
Other Operating Expenses	0.06	-0.18	-	-	0.01
Operating Expenses	34.08	32.25	30.27	31.38	32.49
Operating Income	44.17	55.23	40.99	40.68	55.37
Interest Expense	-6.92	-4.55	-4.23	-4.03	-4.37
Interest & Investment Income	0.9	0.68	-	-	0.32
Currency Exchange Gain (Loss)	2.17	-0.29	-1.76	-3.55	0.83
Other Non Operating Income (Expenses)	-8.28	-3.82	-5.28	-0.42	-2.23
Pretax Income	32.03	47.26	29.71	32.68	49.92
Income Tax Expense	7.19	10.68	6.85	7.25	11.75
Net Income	24.85	36.58	22.87	25.43	38.17
Net Income to Common	24.85	36.58	22.87	25.43	38.17
Net Income Growth	-32.07%	59.94%	-10.06%	-33.38%	48.44%
Shares Outstanding (Basic)	4	4	4	4	4
Shares Outstanding (Diluted)	4	4	4	4	4
Shares Change (YoY)	0.24%	-0.90%	0.10%	0.10%	0.37%
EPS (Basic)	6.09	8.97	5.61	6.23	9.35
EPS (Diluted)	6.08	8.97	5.56	6.19	9.29
EPS Growth	-32.21%	61.32%	-10.18%	-33.37%	47.93%
Free Cash Flow	17.22	2.54	31.26	-4.99	20.31
Free Cash Flow Per Share	4.21	0.62	7.60	-1.21	4.95
Dividend Per Share	-	3.674	6.735	3.062	7.348
Dividend Growth	-	-45.46%	119.99%	-58.33%	36.36%
Gross Margin	25.96%	26.84%	26.19%	26.21%	32.53%
Operating Margin	14.65%	16.94%	15.06%	14.79%	20.50%
Profit Margin	8.24%	11.22%	8.40%	9.25%	14.13%
Free Cash Flow Margin	5.71%	0.78%	11.49%	-1.81%	7.52%
EBITDA	44.65	55.61	42.98	43.02	61.13
EBITDA Margin	14.81%	17.06%	15.79%	15.65%	22.63%
D&A For EBITDA	0.48	0.39	1.99	2.34	5.76
EBIT	44.17	55.23	40.99	40.68	55.37
EBIT Margin	14.65%	16.94%	15.06%	14.79%	20.50%
Effective Tax Rate	22.43%	22.60%	23.04%	22.20%	23.54%
Advertising Expenses	4.9	4.76	4.11	4.41	6.11

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