TLV:SRFT 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	446.21	482.3	297.07	469.51	560.04	167.69
Revenue Growth (YoY)	2.75%	62.35%	-36.73%	-16.16%	233.96%	30.78%
Cost of Revenue	329.88	339.53	203.76	272.68	343.41	123.72
Gross Profit	116.33	142.76	93.31	196.83	216.63	43.98
Selling, General & Admin	41.57	38.13	27.66	27.43	22.35	17.43
Other Operating Expenses	0.03	0.27	0.02	-0.01	-0.29	0.16
Operating Expenses	42.59	39.16	28.04	27.65	22.14	17.71
Operating Income	73.74	103.6	65.27	169.18	194.48	26.26
Interest Expense	-46.48	-47.69	-29.58	-17.26	-16.22	-17.39
Interest & Investment Income	7.43	7.65	6.95	2.53	0.86	0.26
Earnings From Equity Investments	-0.02	-0.02	-0.02	0.05	-0.15	-
Other Non Operating Income (Expenses)	4.01	4.01	-0	-0.01	-0	-
EBT Excluding Unusual Items	38.69	67.55	42.62	154.49	178.98	9.13
Gain (Loss) on Sale of Investments	-1.22	-2.12	-0.07	-3.85	0.37	-2.51
Pretax Income	37.47	65.43	42.55	150.64	179.35	6.63
Income Tax Expense	7.98	13.9	9.48	37.11	41.9	2.58
Net Income	29.49	51.54	33.07	113.53	137.45	4.05
Net Income to Common	29.49	51.54	33.07	113.53	137.45	4.05
Net Income Growth	-40.46%	55.85%	-70.87%	-17.40%	3294.62%	-70.41%
Shares Outstanding (Basic)	18	17	17	17	17	17
Shares Outstanding (Diluted)	18	17	17	17	17	17
Shares Change (YoY)	1.44%	-	-	-	-	-0.05%
EPS (Basic)	1.67	2.96	1.90	6.53	7.90	0.23
EPS (Diluted)	1.67	2.96	1.90	6.53	7.90	0.23
EPS Growth	-41.30%	55.85%	-70.87%	-17.40%	3294.63%	-70.41%
Free Cash Flow	-46.41	-99.4	-266.79	102.57	318.76	-24.81
Free Cash Flow Per Share	-2.63	-5.71	-15.34	5.89	18.32	-1.43
Dividend Per Share	0.446	-	0.570	-	-	-
Dividend Growth	-21.84%	-	-	-	-	-
Gross Margin	26.07%	29.60%	31.41%	41.92%	38.68%	26.22%
Operating Margin	16.53%	21.48%	21.97%	36.03%	34.73%	15.66%
Profit Margin	6.61%	10.69%	11.13%	24.18%	24.54%	2.42%
Free Cash Flow Margin	-10.40%	-20.61%	-89.81%	21.85%	56.92%	-14.79%
EBITDA	74.44	104.55	66.45	170.34	195.44	26.83
EBITDA Margin	16.68%	21.68%	22.37%	36.28%	34.90%	16.00%
D&A For EBITDA	0.7	0.95	1.18	1.16	0.96	0.57
EBIT	73.74	103.6	65.27	169.18	194.48	26.26
EBIT Margin	16.53%	21.48%	21.97%	36.03%	34.73%	15.66%
Effective Tax Rate	21.29%	21.24%	22.27%	24.63%	23.36%	38.90%
Revenue as Reported	446.21	482.3	297.07	469.51	560.04	167.69
Advertising Expenses	-	5.89	3.82	4.49	2.58	3.61

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