TLV:RLRE 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Rental Revenue	97.31	84.4	88.04	77.5
Other Revenue	55.91	24.16	45.12	59.69
Total Revenue	153.22	108.56	133.16	137.18
Revenue Growth (YoY	41.14%	-18.48%	-2.93%	-
Property Expenses	39.92	21.6	22.48	18.15
Selling, General & Administrative	14.19	8.31	8.12	8.74
Other Operating Expenses	0.22	2.54	2.1	-0.59
Total Operating Expenses	54.33	32.45	32.7	26.29
Operating Income	98.9	76.1	100.46	110.89
Interest Expense	-30.54	-17.96	-21.58	-8.9
Interest & Investment Income	3.16	3.24	5.9	10.17
Currency Exchange Gain (Loss)	-1.22	0.2	0.61	2.41
Other Non-Operating Income	-	0.26	0.05	-
EBT Excluding Unusual Items	70.3	61.84	85.44	114.57
Gain (Loss) on Sale of Investments	82.5	23.42	-28.62	-161.71
Asset Writedown	149.41	104.78	62.89	68.22
Pretax Income	302.21	190.04	119.71	21.08
Income Tax Expense	57.22	31.53	11.86	-23.88
Earnings From Continuing Operations	244.99	158.51	107.85	44.96
Minority Interest in Earnings	-0	-3.78	-0	-0.07
Net Income	244.99	154.73	107.85	44.9
Net Income to Common	244.99	154.73	107.85	44.9
Net Income Growth	58.33%	43.47%	140.23%	-
Basic Shares Outstanding	69	69	69	69
Diluted Shares Outstanding	69	69	69	69
EPS (Basic)	3.57	2.25	1.57	0.65
EPS (Diluted)	3.57	2.25	1.57	0.65
EPS Growth	58.33%	43.47%	140.23%	-
Operating Margin	64.54%	70.10%	75.44%	80.83%
Profit Margin	159.89%	142.53%	80.99%	32.73%
EBITDA	99.6	76.57	100.96	111.14
EBITDA Margin	65.00%	70.53%	75.82%	81.02%
D&A For Ebitda	0.7	0.46	0.5	0.25
EBIT	98.9	76.1	100.46	110.89
EBIT Margin	64.54%	70.10%	75.44%	80.83%
Effective Tax Rate	18.93%	16.59%	9.91%	-
Revenue as Reported	122.43	84.4	88.04	-

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