TLV:SHVL 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	494.62	443.72	330.03	210.67
Revenue Growth (YoY)	49.87%	34.45%	56.65%	-
Cost of Revenue	412.74	374.12	280.36	174.02
Gross Profit	81.88	69.6	49.66	36.65
Selling, General & Admin	35.67	36.35	25.9	20.98
Other Operating Expenses	-3.41	-3.52	-3.2	2.24
Operating Expenses	32.26	32.83	22.7	23.22
Operating Income	49.62	36.77	26.96	13.44
Interest Expense	-32.41	-29.11	-13.79	-4.17
Interest & Investment Income	7.51	5.21	2.17	1.12
Earnings From Equity Investments	-10.15	-4.23	31.98	34.72
Other Non Operating Income (Expenses)	1.5	1.5	0.31	-9.65
EBT Excluding Unusual Items	16.07	10.13	47.63	35.45
Gain (Loss) on Sale of Investments	-	-	47.41	-
Gain (Loss) on Sale of Assets	3.18	3.18	0.3	-
Asset Writedown	3.79	5.41	29.4	13.29
Pretax Income	23.05	18.73	124.74	48.74
Income Tax Expense	7.1	4.13	21.7	3.17
Net Income	15.95	14.6	103.05	45.57
Net Income to Common	15.95	14.6	103.05	45.57
Net Income Growth	-84.52%	-85.83%	126.13%	-
Shares Outstanding (Basic)	50	50	-	-
Shares Outstanding (Diluted)	50	50	-	-
EPS (Basic)	0.32	0.29	-	-
EPS (Diluted)	0.32	0.29	-	-
Free Cash Flow	62.3	145.41	-236.38	165.26
Free Cash Flow Per Share	1.23	2.88	-	-
Gross Margin	16.55%	15.69%	15.05%	17.40%
Operating Margin	10.03%	8.29%	8.17%	6.38%
Profit Margin	3.22%	3.29%	31.22%	21.63%
Free Cash Flow Margin	12.60%	32.77%	-71.63%	78.44%
EBITDA	52.45	39.36	28.73	14.93
EBITDA Margin	10.61%	8.87%	8.71%	7.08%
D&A For EBITDA	2.83	2.59	1.77	1.49
EBIT	49.62	36.77	26.96	13.44
EBIT Margin	10.03%	8.29%	8.17%	6.38%
Effective Tax Rate	30.80%	22.03%	17.39%	6.50%
Revenue as Reported	494.62	443.72	330.03	210.67

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