Zephyrus Wing Energies 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
Operating Revenue	198.39	196.74	243.11	249.91	146.37
Other Revenue	8.44	2.92	4.21	1.79	0.72
Revenue	206.83	199.66	247.32	251.7	147.09
Revenue Growth (YoY)	3.59%	-19.27%	-1.74%	71.12%	192.78%
Operations & Maintenance	46.68	39.57	37.97	24.09	20.86
Selling, General & Admin	24.24	18.52	16.83	9.04	2.17
Depreciation & Amortization	58.27	59.93	54.06	35.97	38.72
Total Operating Expenses	129.19	118.03	108.85	69.1	61.74
Operating Income	77.64	81.63	138.46	182.6	85.35
Interest Expense	-76.42	-79.43	-76.82	-52.51	-63.25
Interest Income	15.91	12.19	12.69	3.14	0.75
Net Interest Expense	-60.51	-67.23	-64.13	-49.37	-62.5
Currency Exchange Gain (Loss)	-9.31	0.13	-12.74	2.4	0.66
Other Non-Operating Income (Expenses)	-28.38	78.95	309.31	-222.11	-243.99
EBT Excluding Unusual Items	-20.55	93.48	370.9	-86.47	-220.48
Insurance Settlements	9.64	-	4.5	-	-
Other Unusual Items	-5.9	-3.45	-6.46	-19.69	-
Pretax Income	-16.81	90.03	368.95	-106.16	-220.48
Income Tax Expense	2.74	7.63	71.33	-12.57	-50.45
Earnings From Continuing Ops.	-19.55	82.41	297.62	-93.59	-170.03
Minority Interest in Earnings	-	-	-	31.37	90.4
Net Income	-19.55	82.41	297.62	-62.22	-79.63
Net Income to Common	-19.55	82.41	297.62	-62.22	-79.63
Net Income Growth	-	-72.31%	-	-	-
Shares Outstanding (Basic)	65	65	61	46	46
Shares Outstanding (Diluted)	65	65	61	46	46
Shares Change (YoY)	-	7.31%	31.72%	-	-
EPS (Basic)	-0.30	1.27	4.91	-1.35	-1.73
EPS (Diluted)	-0.30	1.27	4.91	-1.35	-1.73
EPS Growth	-	-74.19%	-	-	-
Free Cash Flow	4.44	163.62	174.07	94.34	64.28
Free Cash Flow Per Share	0.07	2.52	2.87	2.05	1.40
Profit Margin	-9.45%	41.27%	120.34%	-24.72%	-54.14%
Free Cash Flow Margin	2.15%	81.95%	70.38%	37.48%	43.70%
EBITDA	130.29	133.95	188.63	218.58	124.07
EBITDA Margin	62.99%	67.09%	76.27%	86.84%	84.35%
D&A For EBITDA	52.64	52.32	50.16	35.97	38.72
EBIT	77.64	81.63	138.46	182.6	85.35
EBIT Margin	37.54%	40.88%	55.99%	72.55%	58.02%
Effective Tax Rate	-	8.47%	19.33%	-	-
Revenue as Reported	216.47	199.66	251.81	251.7	147.09

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