Solaer Renewable Energies 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	110.62	105.72	47.67	38.69	15.73	10.32
Revenue Growth (YoY)	57.24%	121.77%	23.20%	145.94%	52.45%	-26.55%
Selling, General & Admin	21.76	19.72	12.69	14.88	11.15	10.06
Depreciation & Amortization	10.61	22.1	21.73	17.25	5.51	1.91
Other Operating Expenses	94.47	85.5	20.73	19.43	16.47	7.98
Total Operating Expenses	127.22	127.69	56.93	53.46	36.67	20.92
Operating Income	-16.6	-21.97	-9.26	-14.77	-20.94	-10.6
Interest Expense	-48.36	-46.54	-51.1	-48.14	-16.14	-13.8
Interest Income	19.78	29.51	20.03	13.25	1.32	1.02
Net Interest Expense	-28.58	-17.04	-31.08	-34.88	-14.82	-12.78
Income (Loss) on Equity Investments	-1.26	-0.46	0.1	0.07	-	-0.87
Currency Exchange Gain (Loss)	-34.47	-34.47	19.38	15.28	-4.81	-1.47
Other Non-Operating Income (Expenses)	6.05	6.05	27.72	30.46	4.59	-0.92
EBT Excluding Unusual Items	-74.87	-67.89	6.86	-3.84	-35.98	-26.63
Asset Writedown	-5.22	-5.01	-2.3	-4.3	-0.43	-
Other Unusual Items	-	-	-	-	-	50.05
Pretax Income	-80.09	-72.9	4.56	-8.13	-36.41	23.42
Income Tax Expense	-17.41	-13.39	4.82	8.97	-4.76	-0.47
Earnings From Continuing Ops.	-62.69	-59.51	-0.26	-17.1	-31.65	23.89
Minority Interest in Earnings	10.4	7.07	10.44	5.95	5.95	-6
Net Income	-52.29	-52.43	10.18	-11.15	-25.7	17.89
Net Income to Common	-52.29	-52.43	10.18	-11.15	-25.7	17.89
Shares Outstanding (Basic)	16	16	14	14	13	10
Shares Outstanding (Diluted)	16	16	14	14	13	10
Shares Change (YoY)	3.55%	18.50%	-0.24%	6.63%	30.21%	-
EPS (Basic)	-3.20	-3.19	0.74	-0.80	-1.97	1.79
EPS (Diluted)	-3.20	-3.19	0.74	-0.80	-1.97	1.79
Free Cash Flow	-147.53	-117.94	-78.43	-170.08	-296.9	-122.78
Free Cash Flow Per Share	-9.02	-7.19	-5.66	-12.25	-22.80	-12.28
Profit Margin	-47.27%	-49.59%	21.36%	-28.81%	-163.34%	173.39%
Free Cash Flow Margin	-133.37%	-111.56%	-164.53%	-439.55%	-1887.11%	-1189.76%
EBITDA	-13.43	-7.3	5.41	2.74	-15.43	-7.78
EBITDA Margin	-12.14%	-6.91%	11.34%	7.08%	-98.06%	-75.42%
D&A For EBITDA	3.18	14.67	14.67	17.51	5.51	2.82
EBIT	-16.6	-21.97	-9.26	-14.77	-20.94	-10.6
EBIT Margin	-15.01%	-20.78%	-19.43%	-38.16%	-133.09%	-102.71%
Effective Tax Rate	-	-	105.75%	-	-	-
Revenue as Reported	-	-	-	-	15.73	-

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