Terminal X Online 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	560.24	492.34	423.7	382.95	340.62
Revenue Growth (YoY)	13.79%	16.20%	10.64%	12.43%	50.75%
Cost of Revenue	296.2	274.72	238.13	210.53	186.76
Gross Profit	264.05	217.63	185.57	172.43	153.86
Selling, General & Admin	215.86	181.25	176.24	170.19	139.12
Other Operating Expenses	-	-0.65	-	-	-
Operating Expenses	219.64	184.62	183.16	182.96	151.55
Operating Income	44.41	33.01	2.41	-10.53	2.31
Interest Expense	-7.84	-7.31	-6.12	-5.68	-4.05
Interest & Investment Income	4.96	6.4	4.03	1.82	-
Currency Exchange Gain (Loss)	-1.42	1.58	-0.18	6.86	-4.99
Other Non Operating Income (Expenses)	0.78	0.89	0.31	-0.37	-2.09
EBT Excluding Unusual Items	40.88	34.57	0.45	-7.89	-8.82
Gain (Loss) on Sale of Investments	-0.77	0.24	1.89	1.91	-
Pretax Income	40.11	34.81	2.33	-5.98	-8.82
Income Tax Expense	8.59	6.8	2.68	1.78	-0.19
Earnings From Continuing Operations	31.53	28.01	-0.35	-7.76	-8.63
Minority Interest in Earnings	-3.17	-2.8	-1.71	-0.57	-
Net Income	28.36	25.21	-2.06	-8.33	-8.63
Net Income to Common	28.36	25.21	-2.06	-8.33	-8.63
Net Income Growth	12.48%	-	-	-	-
Shares Outstanding (Basic)	127	126	125	124	111
Shares Outstanding (Diluted)	127	126	125	124	111
Shares Change (YoY)	0.89%	0.77%	0.74%	12.00%	10.68%
EPS (Basic)	0.22	0.20	-0.02	-0.07	-0.08
EPS (Diluted)	0.22	0.20	-0.02	-0.07	-0.08
EPS Growth	11.49%	-	-	-	-
Free Cash Flow	46.46	94.33	28.51	-13.93	-41.28
Free Cash Flow Per Share	0.37	0.75	0.23	-0.11	-0.37
Dividend Per Share	0.198	0.180	-	-	-
Dividend Growth	10.06%	-	-	-	-
Gross Margin	47.13%	44.20%	43.80%	45.02%	45.17%
Operating Margin	7.93%	6.70%	0.57%	-2.75%	0.68%
Profit Margin	5.06%	5.12%	-0.49%	-2.18%	-2.53%
Free Cash Flow Margin	8.29%	19.16%	6.73%	-3.64%	-12.12%
EBITDA	49.78	35.98	40.62	22.55	29.73
EBITDA Margin	8.88%	7.31%	9.59%	5.89%	8.73%
D&A For EBITDA	5.37	2.97	38.21	33.08	27.42
EBIT	44.41	33.01	2.41	-10.53	2.31
EBIT Margin	7.93%	6.70%	0.57%	-2.75%	0.68%
Effective Tax Rate	21.40%	19.54%	114.96%	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.