Zur Shamir Holdings Ltd (TLV:ZUR)

Zur Shamir Holdings Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	3,579	3,189	2,494	1,993	1,868	1,949
Total Interest & Dividend Income	278.47	219.4	159.65	130.09	118.68	69.07
Gain (Loss) on Sale of Investments	86.07	86.07	16.15	-32.1	84.38	36.34
Non-Insurance Activities Revenue	1,825	1,731	1,592	1,458	1,011	699.09
Other Revenue	177.71	168.87	136.19	127.88	104.8	105.32
Total Revenue	5,949	5,396	4,400	3,680	3,190	2,864
Revenue Growth (YoY)	14.52%	22.65%	19.57%	15.36%	11.37%	-11.12%
Policy Benefits	2,776	2,406	1,885	1,493	1,280	1,211
Policy Acquisition & Underwriting Costs	252.51	461.15	407.18	368.53	356.66	366.43
Selling, General & Administrative	1,250	1,158	1,132	920.29	688.56	615.36
Other Operating Expenses	42.58	31.43	35.52	21.56	7.19	-
Total Operating Expenses	4,587	4,057	3,459	2,803	2,332	2,193
Operating Income	1,362	1,340	940.51	876.51	857.57	671.48
Interest Expense	-643.57	-755.05	-639.37	-570.38	-337.4	-248.63
Currency Exchange Gain (Loss)	8.88	8.88	1.65	10.62	-9.66	-1.08
Other Non Operating Income (Expenses)	-2.12	-5.53	-6.28	-2.41	-0.43	3.81
EBT Excluding Unusual Items	725.38	588.05	296.5	314.34	510.09	425.58
Gain (Loss) on Sale of Assets	1.11	1.11	30.3	28.01	-0.33	-0.75
Asset Writedown	-24.03	-72.1	79.82	-18.83	230.74	-116.79
Other Unusual Items	-	-	-	-	-	2.58
Pretax Income	702.46	517.06	406.62	323.52	740.5	310.62
Income Tax Expense	303.49	223.19	178.62	179.45	289.34	147.72
Earnings From Continuing Ops.	398.97	293.87	228	144.07	451.16	162.9
Minority Interest in Earnings	-307.24	-229.54	-194.45	-176.31	-317.47	-109.81
Net Income	91.73	64.33	33.55	-32.24	133.69	53.09
Net Income to Common	91.73	64.33	33.55	-32.24	133.69	53.09
Net Income Growth	12.28%	91.74%	-	-	151.82%	-58.14%
Shares Outstanding (Basic)	65	65	65	65	65	65
Shares Outstanding (Diluted)	65	65	65	65	66	65
Shares Change (YoY)	1.64%	-	-	-1.15%	1.38%	-0.05%
EPS (Basic)	1.41	0.99	0.52	-0.50	2.06	0.82
EPS (Diluted)	1.40	0.98	0.50	-0.50	2.03	0.82
EPS Growth	11.68%	97.66%	-	-	148.36%	-57.41%
Free Cash Flow	-998.4	-706.28	-944.1	-1,476	-1,236	-126.51
Free Cash Flow Per Share	-15.25	-10.85	-14.50	-22.67	-18.76	-1.95
Dividend Per Share	-	0.415	0.384	0.123	0.599	0.274
Dividend Growth	-	7.98%	212.53%	-79.48%	118.64%	-
Operating Margin	22.90%	24.83%	21.38%	23.82%	26.88%	23.45%
Profit Margin	1.54%	1.19%	0.76%	-0.88%	4.19%	1.85%
Free Cash Flow Margin	-16.78%	-13.09%	-21.46%	-40.10%	-38.74%	-4.42%
EBITDA	1,416	1,384	979.73	1,002	966.13	772.29
EBITDA Margin	23.80%	25.64%	22.27%	27.23%	30.29%	26.96%
D&A For EBITDA	53.57	43.78	39.22	125.35	108.55	100.82
EBIT	1,362	1,340	940.51	876.51	857.57	671.48
EBIT Margin	22.90%	24.83%	21.38%	23.82%	26.88%	23.45%
Effective Tax Rate	43.20%	43.17%	43.93%	55.47%	39.07%	47.56%
Revenue as Reported	5,753	5,338	4,512	3,701	3,425	2,750

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