Zephyrus Wing Energies 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
Operating Revenue	204.54	196.74	243.11	249.91	146.37	49.81
Other Revenue	4.17	2.92	8.71	1.79	0.72	0.43
Revenue	208.71	199.66	251.81	251.7	147.09	50.24
Revenue Growth (YoY)	12.09%	-20.71%	0.04%	71.12%	192.78%	1221.41%
Operations & Maintenance	42.74	39.57	37.97	24.09	20.86	16.22
Selling, General & Admin	22.47	18.52	16.83	9.04	2.17	-
Depreciation & Amortization	61.1	59.93	54.06	35.97	38.72	19.62
Other Operating Expenses	-	-	-	-	-	2.4
Total Operating Expenses	126.31	118.03	108.85	69.1	61.74	38.24
Operating Income	82.4	81.63	142.96	182.6	85.35	12
Interest Expense	-83.26	-79.43	-76.82	-52.51	-63.25	-69.72
Interest Income	15.34	12.19	12.69	3.14	0.75	0
Net Interest Expense	-67.92	-67.23	-64.13	-49.37	-62.5	-69.72
Currency Exchange Gain (Loss)	0.13	0.13	-12.74	2.4	0.66	-
Other Non-Operating Income (Expenses)	-14.44	78.95	309.31	-222.11	-243.99	-31.25
EBT Excluding Unusual Items	0.18	93.48	375.4	-86.47	-220.48	-88.96
Other Unusual Items	-5.99	-3.45	-6.46	-19.69	-	-
Pretax Income	1.19	90.03	368.95	-106.16	-220.48	-88.96
Income Tax Expense	-1.06	7.63	71.33	-12.57	-50.45	-1.22
Earnings From Continuing Ops.	2.25	82.41	297.62	-93.59	-170.03	-87.74
Minority Interest in Earnings	-	-	-	31.37	90.4	74.89
Net Income	2.25	82.41	297.62	-62.22	-79.63	-12.85
Net Income to Common	2.25	82.41	297.62	-62.22	-79.63	-12.85
Net Income Growth	-97.70%	-72.31%	-	-	-	-
Shares Outstanding (Basic)	65	65	61	46	46	46
Shares Outstanding (Diluted)	65	65	61	46	46	46
Shares Change (YoY)	-0.45%	7.31%	31.72%	-	-	-
EPS (Basic)	0.03	1.27	4.91	-1.35	-1.73	-0.28
EPS (Diluted)	0.03	1.27	4.91	-1.35	-1.73	-0.28
EPS Growth	-97.69%	-74.19%	-	-	-	-
Free Cash Flow	75.94	163.62	174.07	94.34	64.28	-348.37
Free Cash Flow Per Share	1.17	2.52	2.87	2.05	1.40	-7.57
Profit Margin	1.08%	41.27%	118.19%	-24.72%	-54.14%	-25.58%
Free Cash Flow Margin	36.38%	81.95%	69.13%	37.48%	43.70%	-693.40%
EBITDA	138.64	136.7	192.89	218.58	124.07	31.62
EBITDA Margin	66.43%	68.47%	76.60%	86.84%	84.35%	62.94%
D&A For EBITDA	56.24	55.07	49.93	35.97	38.72	19.62
EBIT	82.4	81.63	142.96	182.6	85.35	12
EBIT Margin	39.48%	40.88%	56.77%	72.55%	58.02%	23.89%
Effective Tax Rate	-	8.47%	19.33%	-	-	-
Revenue as Reported	215.71	199.66	251.81	251.7	147.09	50.24

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