Villar International Ltd. (TLV: VILR)

Villar International Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Rental Revenue	213.28	204.6	183.32	160.73	148.05	141.28
Other Revenue	125.33	127.69	101.59	123.41	294.34	338.8
Total Revenue	338.61	332.28	284.91	284.14	442.39	480.09
Revenue Growth (YoY	8.15%	16.63%	0.27%	-35.77%	-7.85%	69.09%
Property Expenses	79.76	78.28	67.57	82.43	203.15	250.47
Selling, General & Administrative	35.62	33.88	31.15	29.3	28.67	30.94
Other Operating Expenses	2.34	2.34	-0.09	0.39	-0.26	0.43
Total Operating Expenses	117.71	114.49	98.63	112.12	231.55	281.83
Operating Income	220.9	217.79	186.28	172.03	210.83	198.26
Interest Expense	-26.64	-24.63	-19.42	-19.94	-17.5	-19.72
Interest & Investment Income	10.92	10.79	7.41	2.85	4.17	4.94
Currency Exchange Gain (Loss)	1.99	1.99	1.33	-8.31	0.27	-0.42
Other Non-Operating Income	-0.62	-0.62	-1.07	-1.43	-0.49	-4.51
EBT Excluding Unusual Items	206.55	205.32	174.53	145.19	197.29	178.55
Gain (Loss) on Sale of Investments	-	-	-	-	7.17	-
Gain (Loss) on Sale of Assets	-0.1	-0.01	0.17	0.46	-0.11	0.41
Asset Writedown	107.82	111.94	361.09	439.94	43.61	111.56
Pretax Income	314.27	317.25	535.79	585.59	247.97	290.52
Income Tax Expense	68.79	66.56	110.72	125.91	56.31	63.93
Earnings From Continuing Operations	245.48	250.7	425.07	459.68	191.66	226.59
Minority Interest in Earnings	-3.9	-4.03	-5.12	-5.61	-3.93	-3.39
Net Income	241.58	246.66	419.95	454.07	187.73	223.2
Net Income to Common	241.58	246.66	419.95	454.07	187.73	223.2
Net Income Growth	-43.15%	-41.26%	-7.52%	141.88%	-15.89%	60.38%
Basic Shares Outstanding	18	18	18	18	18	18
Diluted Shares Outstanding	18	18	18	18	18	18
Shares Change (YoY)	0.08%	0.04%	-	-0.25%	-	-
EPS (Basic)	13.63	13.92	23.70	25.63	10.57	12.57
EPS (Diluted)	13.63	13.92	23.70	25.63	10.57	12.57
EPS Growth	-43.18%	-41.27%	-7.52%	142.50%	-15.89%	60.38%
Dividend Per Share	2.258	2.258	3.380	1.690	-	-
Dividend Growth	33.84%	-33.21%	100.00%	-	-	-
Operating Margin	65.24%	65.54%	65.38%	60.54%	47.66%	41.30%
Profit Margin	71.34%	74.23%	147.40%	159.81%	42.43%	46.49%
Free Cash Flow Margin	44.15%	-10.94%	55.06%	49.82%	61.37%	40.59%
EBITDA	242.72	238.91	202.9	187.27	225.52	211.81
EBITDA Margin	71.68%	71.90%	71.22%	65.91%	50.98%	44.12%
D&A For Ebitda	21.82	21.12	16.62	15.25	14.68	13.55
EBIT	220.9	217.79	186.28	172.03	210.83	198.26
EBIT Margin	65.24%	65.54%	65.38%	60.54%	47.66%	41.30%
Effective Tax Rate	21.89%	20.98%	20.67%	21.50%	22.71%	22.00%
Revenue as Reported	321.23	312.25	279.97	279.62	438.74	476.01

Source: S&P Capital IQ. Real Estate template. Financial Sources.