Veridis Environment 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	2019 - 2020
Period Ending	Jun '25 Jun 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	2019 - 2020
Revenue	2,690	2,730	2,537	1,054	954.59	885.61	Upgrade
Revenue Growth (YoY)	1.36%	7.58%	140.77%	10.40%	7.79%	7.10%	Upgrade
Cost of Revenue	2,324	2,369	2,255	896.71	816.17	748.73	Upgrade
Gross Profit	366.17	361.2	281.9	157.17	138.42	136.88	Upgrade
Selling, General & Admin	240.03	259.01	244.46	59.23	57.29	36.66	Upgrade
Other Operating Expenses	31.89	31.49	35.05	3.28	2.72	-2.79	Upgrade
Operating Expenses	271.92	290.5	279.5	62.51	60	33.87	Upgrade
Operating Income	94.25	70.7	2.4	94.66	78.41	103	Upgrade
Interest Expense	-184.23	-184.16	-162.66	-19.67	-19.07	-20.33	Upgrade
Interest & Investment Income	11.16	11.16	10.28	8.61	2.94	2.01	Upgrade
Earnings From Equity Investments	63.17	52.04	47.29	70.88	18.81	66.11	Upgrade
Currency Exchange Gain (Loss)	0.78	0.78	-5.66	-	-	-	Upgrade
Other Non Operating Income (Expenses)	1.21	-17.28	-4.34	9.87	-12.47	-6.57	Upgrade
EBT Excluding Unusual Items	-13.65	-66.77	-112.69	164.35	68.63	144.22	Upgrade
Merger & Restructuring Charges	-1.17	-1.17	-	-	-	-	Upgrade
Gain (Loss) on Sale of Investments	-	-	-	-	-	121.75	Upgrade
Gain (Loss) on Sale of Assets	31.16	31.16	3.92	3.75	2.41	2.4	Upgrade
Asset Writedown	1.99	1.99	-4.17	-1.3	-	-	Upgrade
Pretax Income	24.63	-28.49	-98.89	166.8	71.04	268.37	Upgrade
Income Tax Expense	3.16	-10.02	-1.94	24.66	9.88	19.99	Upgrade
Earnings From Continuing Operations	21.46	-18.48	-96.95	142.14	61.16	248.38	Upgrade
Minority Interest in Earnings	-	-	15.6	-	-	-	Upgrade
Net Income	21.46	-18.48	-81.36	142.14	61.16	248.38	Upgrade
Net Income to Common	21.46	-18.48	-81.36	142.14	61.16	248.38	Upgrade
Net Income Growth	-	-	-	132.42%	-75.38%	106.94%	Upgrade
Shares Outstanding (Basic)	132	145	135	105	103	100	Upgrade
Shares Outstanding (Diluted)	132	145	136	106	104	100	Upgrade
Shares Change (YoY)	-9.57%	6.68%	28.18%	2.46%	3.53%	-	Upgrade
EPS (Basic)	0.16	-0.13	-0.60	1.35	0.59	2.48	Upgrade
EPS (Diluted)	0.16	-0.13	-0.60	1.34	0.59	2.48	Upgrade
EPS Growth	-	-	-	127.12%	-76.21%	106.63%	Upgrade
Free Cash Flow	106.55	21.61	252.42	161.86	157.63	215.16	Upgrade
Free Cash Flow Per Share	0.81	0.15	1.86	1.53	1.52	2.15	Upgrade
Dividend Per Share	-	-	-	-	0.300	0.800	Upgrade
Dividend Growth	-	-	-	-	-62.50%	14.29%	Upgrade
Gross Margin	13.61%	13.23%	11.11%	14.91%	14.50%	15.46%	Upgrade
Operating Margin	3.50%	2.59%	0.10%	8.98%	8.21%	11.63%	Upgrade
Profit Margin	0.80%	-0.68%	-3.21%	13.49%	6.41%	28.05%	Upgrade
Free Cash Flow Margin	3.96%	0.79%	9.95%	15.36%	16.51%	24.30%	Upgrade
EBITDA	347.89	334.05	248.85	220.25	198.46	190.05	Upgrade
EBITDA Margin	12.93%	12.24%	9.81%	20.90%	20.79%	21.46%	Upgrade
D&A For EBITDA	253.64	263.35	246.45	125.59	120.04	87.05	Upgrade
EBIT	94.25	70.7	2.4	94.66	78.41	103	Upgrade
EBIT Margin	3.50%	2.59%	0.10%	8.98%	8.21%	11.63%	Upgrade
Effective Tax Rate	12.84%	-	-	14.78%	13.91%	7.45%	Upgrade
Advertising Expenses	-	1.32	1.21	0.98	1.17	0.36	Upgrade

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