Zanlakol Income Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	530.94	481.6	398.57	255.91	229.37
Revenue Growth (YoY)	10.25%	20.83%	55.74%	11.57%	5.58%
Cost of Revenue	365.65	327.16	278.92	173.43	162.29
Gross Profit	165.29	154.44	119.65	82.48	67.08
Selling, General & Admin	85.18	72.05	58.92	41.43	35.75
Other Operating Expenses	-0.11	-0.07	-0.02	-0.03	-0.05
Operating Expenses	85.07	71.99	58.9	41.41	35.7
Operating Income	80.22	82.45	60.76	41.08	31.38
Interest Expense	-19.1	-13.32	-9.54	-4.03	-2.87
Interest & Investment Income	-	0.63	0.83	0.66	0.12
Other Non Operating Income (Expenses)	0.13	-4.19	-4.04	-2.54	-2.42
EBT Excluding Unusual Items	61.25	65.58	48.01	35.18	26.21
Merger & Restructuring Charges	-	-	-0.72	-	-
Gain (Loss) on Sale of Investments	-	-	-	-	-0.2
Gain (Loss) on Sale of Assets	-	-	38.98	-0.02	0
Other Unusual Items	-	-	1.82	-	-
Pretax Income	61.25	65.58	88.08	35.16	26
Income Tax Expense	14.33	15.74	20.43	8.14	6.25
Net Income	46.92	49.84	67.65	27.02	19.75
Net Income to Common	46.92	49.84	67.65	27.02	19.75
Net Income Growth	-5.85%	-26.33%	150.39%	36.77%	-2.60%
Shares Outstanding (Basic)	14	14	14	14	15
Shares Outstanding (Diluted)	14	14	14	14	15
Shares Change (YoY)	-1.22%	0.18%	-0.05%	-2.61%	0.56%
EPS (Basic)	3.37	3.51	4.75	1.90	1.35
EPS (Diluted)	3.32	3.49	4.74	1.89	1.35
EPS Growth	-4.69%	-26.46%	150.51%	40.43%	-3.09%
Free Cash Flow	13.05	39.72	33.9	17.35	12.75
Free Cash Flow Per Share	0.93	2.78	2.38	1.22	0.87
Dividend Per Share	-	1.279	1.686	1.054	2.425
Dividend Growth	-	-24.16%	59.99%	-56.55%	119.80%
Gross Margin	31.13%	32.07%	30.02%	32.23%	29.24%
Operating Margin	15.11%	17.12%	15.24%	16.05%	13.68%
Profit Margin	8.84%	10.35%	16.97%	10.56%	8.61%
Free Cash Flow Margin	2.46%	8.25%	8.50%	6.78%	5.56%
EBITDA	101.69	98.24	77.44	56.11	46.54
EBITDA Margin	19.15%	20.40%	19.43%	21.92%	20.29%
D&A For EBITDA	21.47	15.79	16.68	15.03	15.16
EBIT	80.22	82.45	60.76	41.08	31.38
EBIT Margin	15.11%	17.12%	15.24%	16.05%	13.68%
Effective Tax Rate	23.40%	24.00%	23.20%	23.16%	24.03%
Advertising Expenses	-	5.36	4.83	5.91	4.4

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