Villar International 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
Rental Revenue	231.97	220.84	204.6	183.32	160.73	148.05
Other Revenue	134.25	127.94	127.69	101.59	123.41	294.34
Total Revenue	366.22	348.78	332.28	284.91	284.14	442.39
Revenue Growth (YoY	6.53%	4.97%	16.63%	0.27%	-35.77%	-7.85%
Property Expenses	83.2	75.53	78.28	67.57	82.43	203.15
Selling, General & Administrative	39.44	35.85	33.88	31.15	29.3	28.67
Other Operating Expenses	-0.02	-0.12	2.34	-0.09	0.39	-0.26
Total Operating Expenses	122.62	111.25	114.49	98.63	112.12	231.55
Operating Income	243.6	237.53	217.79	186.28	172.03	210.83
Interest Expense	-40.8	-30.21	-24.63	-19.42	-19.94	-17.5
Interest & Investment Income	12.31	14.54	10.79	7.41	2.85	4.17
Currency Exchange Gain (Loss)	-1.72	-1.72	1.99	1.33	-8.31	0.27
Other Non-Operating Income	-0.58	-0.58	-0.62	-1.07	-1.43	-0.49
EBT Excluding Unusual Items	212.81	219.56	205.32	174.53	145.19	197.29
Gain (Loss) on Sale of Investments	-	-	-	-	-	7.17
Gain (Loss) on Sale of Assets	0.24	-0.23	-0.01	0.17	0.46	-0.11
Asset Writedown	234.98	239.4	111.94	361.09	439.94	43.61
Pretax Income	448.03	458.73	317.25	535.79	585.59	247.97
Income Tax Expense	96.3	98.99	66.56	110.72	125.91	56.31
Earnings From Continuing Operations	351.73	359.73	250.7	425.07	459.68	191.66
Minority Interest in Earnings	-1.69	-5.11	-4.03	-5.12	-5.61	-3.93
Net Income	350.04	354.63	246.66	419.95	454.07	187.73
Net Income to Common	350.04	354.63	246.66	419.95	454.07	187.73
Net Income Growth	40.36%	43.77%	-41.26%	-7.52%	141.88%	-15.89%
Basic Shares Outstanding	18	18	18	18	18	18
Diluted Shares Outstanding	18	18	18	18	18	18
Shares Change (YoY)	0.22%	0.12%	0.04%	-	-0.25%	-
EPS (Basic)	19.76	20.01	13.92	23.70	25.63	10.57
EPS (Diluted)	19.68	19.98	13.92	23.70	25.63	10.57
EPS Growth	39.92%	43.53%	-41.27%	-7.52%	142.50%	-15.89%
Dividend Per Share	2.465	2.533	2.260	3.380	1.690	-
Dividend Growth	-41.09%	12.08%	-33.14%	100.00%	-	-
Operating Margin	66.52%	68.10%	65.54%	65.38%	60.54%	47.66%
Profit Margin	95.58%	101.68%	74.23%	147.40%	159.81%	42.44%
EBITDA	261.68	256.52	238.91	202.94	187.27	225.52
EBITDA Margin	71.45%	73.55%	71.90%	71.23%	65.91%	50.98%
D&A For Ebitda	18.07	18.99	21.12	16.65	15.25	14.68
EBIT	243.6	237.53	217.79	186.28	172.03	210.83
EBIT Margin	66.52%	68.10%	65.54%	65.38%	60.54%	47.66%
Effective Tax Rate	21.49%	21.58%	20.98%	20.66%	21.50%	22.71%
Revenue as Reported	345.26	328.46	312.25	279.97	279.62	438.74

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.