TLV:SPEN 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	5,741	5,085	5,207	4,548	3,893	3,482
Revenue Growth (YoY)	19.23%	-2.34%	14.49%	16.83%	11.80%	19.11%
Cost of Revenue	4,904	4,345	4,483	3,794	3,171	2,736
Gross Profit	837	740	724	754	722	746
Selling, General & Admin	379	338	340	284	215	174
Other Operating Expenses	30	-	8	-	4	45
Operating Expenses	409	338	348	284	219	219
Operating Income	428	402	376	470	503	527
Interest Expense	-560	-559	-547	-451	-243	-182
Interest & Investment Income	70	45	16	11	2	4
Earnings From Equity Investments	-11	-49	-22	27	5	-14
Currency Exchange Gain (Loss)	18	18	19	1	-8	-
Other Non Operating Income (Expenses)	241	248	295	331	140	102
EBT Excluding Unusual Items	186	105	137	389	399	437
Gain (Loss) on Sale of Investments	87	87	-	22	10	-
Gain (Loss) on Sale of Assets	7	7	11	5	5	9
Asset Writedown	83	83	95	111	161	-14
Pretax Income	363	282	243	527	575	432
Income Tax Expense	88	67	58	100	121	106
Earnings From Continuing Operations	275	215	185	427	454	326
Earnings From Discontinued Operations	-	-	-	-	-3	2
Net Income to Company	275	215	185	427	451	328
Minority Interest in Earnings	-35	-37	-27	-44	-15	2
Net Income	240	178	158	383	436	330
Net Income to Common	240	178	158	383	436	330
Net Income Growth	1900.00%	12.66%	-58.75%	-12.16%	32.12%	15.72%
Shares Outstanding (Basic)	348	357	357	357	357	356
Shares Outstanding (Diluted)	356	358	359	361	362	362
Shares Change (YoY)	-2.52%	-0.23%	-0.61%	-0.41%	0.25%	0.15%
EPS (Basic)	0.69	0.50	0.44	1.07	1.22	0.93
EPS (Diluted)	0.67	0.49	0.44	1.06	1.20	0.91
EPS Growth	1958.37%	11.36%	-58.49%	-11.79%	32.71%	14.62%
Free Cash Flow	-211	-40	338	-691	339	321
Free Cash Flow Per Share	-0.59	-0.11	0.94	-1.92	0.94	0.89
Dividend Per Share	0.224	0.224	-	0.196	0.196	0.196
Dividend Growth	-	-	-	0.00%	-0.16%	16.55%
Gross Margin	14.58%	14.55%	13.90%	16.58%	18.55%	21.42%
Operating Margin	7.46%	7.91%	7.22%	10.33%	12.92%	15.14%
Profit Margin	4.18%	3.50%	3.03%	8.42%	11.20%	9.48%
Free Cash Flow Margin	-3.67%	-0.79%	6.49%	-15.19%	8.71%	9.22%
EBITDA	649	601	567	671	644	671
EBITDA Margin	11.30%	11.82%	10.89%	14.75%	16.54%	19.27%
D&A For EBITDA	221	199	191	201	141	144
EBIT	428	402	376	470	503	527
EBIT Margin	7.46%	7.91%	7.22%	10.33%	12.92%	15.14%
Effective Tax Rate	24.24%	23.76%	23.87%	18.98%	21.04%	24.54%
Advertising Expenses	-	24	25	14	6	10

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