Victory Supermarket Chain Ltd (TLV:VCTR)

Victory Supermarket Chain Income Statement

Financials in millions ILS. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,585	2,582	2,451	2,315	2,312	2,377
Revenue Growth (YoY)	3.03%	5.37%	5.85%	0.14%	-2.75%	36.05%
Cost of Revenue	1,961	1,962	1,871	1,777	1,726	1,773
Gross Profit	623.75	619.94	580.17	538.03	586.31	603.92
Selling, General & Admin	534.5	517.42	494.29	455.76	496.94	498.58
Other Operating Expenses	5.27	7.18	1.66	2.05	-	-
Operating Expenses	539.78	524.59	495.95	457.81	496.94	498.58
Operating Income	83.97	95.35	84.22	80.21	89.37	105.35
Interest Expense	-46.32	-44.88	-30.4	-30.41	-29.24	-30.32
Interest & Investment Income	3.88	4.68	3.7	0.57	0.15	0.93
Earnings From Equity Investments	-0.08	0.09	-0.25	1.2	0.76	0.64
Other Non Operating Income (Expenses)	-1.88	-1.88	-0.98	-0.64	-0.62	-0.8
EBT Excluding Unusual Items	39.57	53.34	56.29	50.93	60.43	75.8
Gain (Loss) on Sale of Investments	6.24	4.58	1.85	-3.33	5.96	-0.11
Gain (Loss) on Sale of Assets	0.11	0.11	2.6	0	0.59	-0.97
Asset Writedown	-1.53	-1.53	-0.58	-0.52	-0.94	-
Pretax Income	44.39	56.51	60.16	47.09	66.04	74.72
Income Tax Expense	10.04	12.76	13.7	10.19	15.35	16.6
Net Income	34.35	43.75	46.46	36.9	50.69	58.11
Net Income to Common	34.35	43.75	46.46	36.9	50.69	58.11
Net Income Growth	-34.26%	-5.84%	25.91%	-27.20%	-12.78%	113.09%
Shares Outstanding (Basic)	14	14	14	14	14	14
Shares Outstanding (Diluted)	14	14	14	14	15	14
Shares Change (YoY)	-1.55%	-0.65%	-0.17%	-0.70%	0.92%	0.45%
EPS (Basic)	2.43	3.07	3.24	2.56	3.50	4.07
EPS (Diluted)	2.42	3.06	3.23	2.56	3.49	4.04
EPS Growth	-33.27%	-5.26%	26.17%	-26.65%	-13.61%	111.52%
Free Cash Flow	112.54	139.35	164.14	165.77	89.35	161.91
Free Cash Flow Per Share	7.94	9.76	11.42	11.51	6.16	11.27
Dividend Per Share	1.410	2.468	1.040	0.840	-	-
Dividend Growth	33.89%	137.33%	23.81%	-	-	-
Gross Margin	24.13%	24.01%	23.67%	23.24%	25.36%	25.40%
Operating Margin	3.25%	3.69%	3.44%	3.46%	3.87%	4.43%
Profit Margin	1.33%	1.69%	1.90%	1.59%	2.19%	2.44%
Free Cash Flow Margin	4.35%	5.40%	6.70%	7.16%	3.86%	6.81%
EBITDA	122.4	134.26	121.59	114.05	122.45	136.17
EBITDA Margin	4.74%	5.20%	4.96%	4.93%	5.30%	5.73%
D&A For EBITDA	38.43	38.91	37.37	33.83	33.08	30.82
EBIT	83.97	95.35	84.22	80.21	89.37	105.35
EBIT Margin	3.25%	3.69%	3.44%	3.46%	3.87%	4.43%
Effective Tax Rate	22.62%	22.58%	22.78%	21.63%	23.25%	22.22%
Advertising Expenses	-	-0.18	0.37	3.3	4.47	7.52

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.