Vitania Ltd. (TLV: VTNA)

Vitania 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	114.06	113.55	110.73	100.73	66.33	63.94
Other Revenue	143.88	100.08	74.18	34.36	21.19	61.98
Total Revenue	257.93	213.63	184.91	135.09	87.52	125.92
Revenue Growth (YoY	34.36%	15.53%	36.88%	54.35%	-30.49%	36.61%
Property Expenses	127.26	83.18	67.41	41.46	29.51	44.65
Selling, General & Administrative	18.13	18.13	17.18	15.74	14.94	15.15
Other Operating Expenses	0.54	0.46	1.32	1.92	1.16	0.98
Total Operating Expenses	145.94	101.77	85.92	59.12	45.61	60.79
Operating Income	112	111.86	99	75.97	41.91	65.13
Interest Expense	-47.29	-49.9	-42.89	-34.14	-20.93	-17.34
Interest & Investment Income	1.54	0.11	0.03	0	0.04	-
Currency Exchange Gain (Loss)	-0.07	-0.07	-0.14	-0.01	0.14	0.24
Other Non-Operating Income	-1.11	-1.11	-0.55	-3.28	-1.7	1.39
EBT Excluding Unusual Items	65.07	60.89	55.45	38.54	19.46	49.42
Gain (Loss) on Sale of Assets	0.36	0.36	2.3	49.65	-	5.22
Asset Writedown	30.63	29.27	90.58	79.43	114.78	102.27
Pretax Income	96.05	90.52	148.33	167.62	134.24	156.91
Income Tax Expense	13.92	10.22	21.51	22.26	31.08	24.5
Earnings From Continuing Operations	82.13	80.3	126.82	145.36	103.16	132.41
Minority Interest in Earnings	-2.31	-2.24	-1.25	-0.84	-0.46	-1.89
Net Income	79.82	78.06	125.57	144.52	102.7	130.52
Net Income to Common	79.82	78.06	125.57	144.52	102.7	130.52
Net Income Growth	-32.81%	-37.83%	-13.11%	40.71%	-21.31%	53.20%
Basic Shares Outstanding	47	47	47	47	47	47
Diluted Shares Outstanding	47	47	47	47	47	47
Shares Change (YoY)	0.05%	-	-	-	-	-
EPS (Basic)	1.70	1.66	2.67	3.07	2.18	2.77
EPS (Diluted)	1.70	1.66	2.67	3.07	2.18	2.77
EPS Growth	-32.84%	-37.83%	-13.11%	40.83%	-21.30%	53.04%
Dividend Per Share	0.818	1.020	0.765	1.168	0.637	0.637
Dividend Growth	-10.46%	33.33%	-34.55%	83.33%	0%	25.00%
Operating Margin	43.42%	52.36%	53.54%	56.24%	47.89%	51.73%
Profit Margin	30.95%	36.54%	67.91%	106.98%	117.35%	103.66%
Free Cash Flow Margin	12.68%	49.44%	-13.56%	85.71%	68.37%	8.27%
EBITDA	113.71	113.43	100.41	77.39	43.28	69.22
EBITDA Margin	44.08%	53.09%	54.30%	57.29%	49.45%	54.97%
D&A For Ebitda	1.71	1.56	1.42	1.42	1.37	4.09
EBIT	112	111.86	99	75.97	41.91	65.13
EBIT Margin	43.42%	52.36%	53.54%	56.24%	47.89%	51.73%
Effective Tax Rate	14.49%	11.29%	14.50%	13.28%	23.15%	15.61%
Revenue as Reported	245.16	201.14	173.94	130.24	82.71	95.27

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