Tera Light 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	75.91	20.09	20.21	2.22	18.09
Revenue Growth (YoY)	277.80%	-0.57%	810.27%	-87.73%	-
Cost of Revenue	50.54	14.55	15.57	2.18	13.32
Gross Profit	25.37	5.54	4.64	0.04	4.77
Selling, General & Admin	15.69	30.58	25.79	17.07	7.71
Other Operating Expenses	-2.8	1	-3.07	-0.7	0.28
Operating Expenses	12.89	31.58	22.72	16.37	7.99
Operating Income	12.48	-26.04	-18.08	-16.33	-3.22
Interest Expense	-39.12	-11.57	-11.54	-1.36	-0.18
Interest & Investment Income	2.58	4.28	4.21	0.88	0.02
Earnings From Equity Investments	-0.38	-7.1	-3.15	-7.9	-1.54
Currency Exchange Gain (Loss)	2.9	0.5	4.88	0.27	-1.32
Other Non Operating Income (Expenses)	-2.25	-1.7	0.98	9.04	-
EBT Excluding Unusual Items	-23.8	-41.62	-22.7	-15.4	-6.23
Gain (Loss) on Sale of Investments	-0.32	0.56	-0.31	-7.97	-2.04
Asset Writedown	-	-6.28	-	-1.45	-
Other Unusual Items	-	-	0.39	1.92	-
Pretax Income	-24.12	-47.34	-22.61	-22.91	-8.27
Income Tax Expense	-16.28	-6.76	-3.77	-3.99	-0.76
Earnings From Continuing Operations	-7.84	-40.57	-18.84	-18.92	-7.51
Earnings From Discontinued Operations	-4.66	-11.37	7.43	9.41	-
Net Income to Company	-12.5	-51.94	-11.41	-9.51	-7.51
Minority Interest in Earnings	5.73	11.53	0.04	0.05	0.06
Net Income	-6.77	-40.41	-11.38	-9.46	-7.46
Net Income to Common	-6.77	-40.41	-11.38	-9.46	-7.46
Shares Outstanding (Basic)	42	56	71	73	62
Shares Outstanding (Diluted)	42	56	71	73	62
Shares Change (YoY)	-24.62%	-21.06%	-2.29%	17.13%	2.64%
EPS (Basic)	-0.16	-0.72	-0.16	-0.13	-0.12
EPS (Diluted)	-0.16	-0.72	-0.16	-0.13	-0.12
Free Cash Flow	-75.88	-154.29	-426.18	-181.82	-98.21
Free Cash Flow Per Share	-1.79	-2.75	-5.99	-2.50	-1.58
Gross Margin	33.42%	27.57%	22.97%	1.89%	26.38%
Operating Margin	16.44%	-129.60%	-89.44%	-735.36%	-17.79%
Profit Margin	-8.92%	-201.13%	-56.29%	-426.13%	-41.21%
Free Cash Flow Margin	-99.95%	-767.85%	-2108.95%	-8189.96%	-542.85%
EBITDA	38.45	-17.47	-10.65	-12.1	-3.04
EBITDA Margin	50.66%	-86.93%	-52.69%	-	-16.81%
D&A For EBITDA	25.98	8.57	7.43	4.23	0.18
EBIT	12.48	-26.04	-18.08	-16.33	-3.22
EBIT Margin	16.44%	-129.60%	-89.44%	-	-17.79%

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