Enlight Renewable Energy Ltd (TLV:ENLT)

Enlight Renewable Energy Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	428.72	377.94	255.7	192.17	102.46	70.32
Revenue Growth (YoY)	39.54%	47.80%	33.06%	87.56%	45.70%	26.15%
Cost of Revenue	100.33	76.27	49.27	38.31	19.68	12.85
Gross Profit	328.39	301.67	206.43	153.87	82.79	57.48
Selling, General & Admin	44.04	38.85	31.36	27.03	15.57	9.02
Research & Development	12.53	11.6	6.35	5.59	4.72	2.98
Other Operating Expenses	-56.78	-23.49	-11.68	0.37	1.32	1.88
Operating Expenses	128.81	135.85	91.82	75.26	41.05	29.1
Operating Income	199.58	165.82	114.61	78.61	41.73	28.37
Interest Expense	-127.95	-94.97	-59.34	-55.78	-30.8	-29.02
Interest & Investment Income	8.96	15.86	22.12	20.39	25.8	17.2
Earnings From Equity Investments	-4.55	-3.35	-0.33	-0.31	-0.19	0.03
Currency Exchange Gain (Loss)	-3.64	-3.64	10.25	-0.62	-2.7	-0.47
Other Non Operating Income (Expenses)	-4.19	-4.19	-2.48	0.73	3.46	-1.68
EBT Excluding Unusual Items	68.21	75.52	84.84	43.03	37.3	14.43
Merger & Restructuring Charges	-	-	-	-	-7.33	-
Gain (Loss) on Sale of Assets	97.82	0.6	9.85	-	-	-
Other Unusual Items	8.66	8.66	31.78	8.02	-2.6	-67.81
Pretax Income	174.68	84.78	126.47	51.06	27.37	-53.39
Income Tax Expense	34.75	18.28	28.43	12.94	5.69	-12.35
Earnings From Continuing Operations	139.93	66.51	98.04	38.11	21.68	-41.04
Net Income to Company	139.93	66.51	98.04	38.11	21.68	-41.04
Minority Interest in Earnings	-24.72	-22.3	-27.12	-13.36	-10.46	-2.83
Net Income	115.22	44.21	70.92	24.75	11.22	-43.87
Net Income to Common	115.22	44.21	70.92	24.75	11.22	-43.87
Net Income Growth	101.47%	-37.67%	186.57%	120.64%	-	-
Shares Outstanding (Basic)	119	118	116	97	94	78
Shares Outstanding (Diluted)	125	123	124	100	98	78
Shares Change (YoY)	0.70%	-0.44%	23.89%	1.91%	25.30%	25.29%
EPS (Basic)	0.97	0.37	0.61	0.25	0.12	-0.56
EPS (Diluted)	0.17	0.36	0.57	0.25	0.12	-0.56
EPS Growth	-62.83%	-36.84%	128.00%	108.95%	-	-
Free Cash Flow	-902.33	-706.19	-581.36	-565.77	-440.73	-303.12
Free Cash Flow Per Share	-7.20	-5.73	-4.69	-5.66	-4.49	-3.87
Gross Margin	76.60%	79.82%	80.73%	80.07%	80.80%	81.73%
Operating Margin	46.55%	43.88%	44.82%	40.91%	40.73%	40.35%
Profit Margin	26.88%	11.70%	27.74%	12.88%	10.95%	-62.38%
Free Cash Flow Margin	-210.47%	-186.85%	-227.36%	-294.41%	-430.15%	-431.03%
EBITDA	320.6	266.71	174.76	120.88	62.23	44.24
EBITDA Margin	74.78%	70.57%	68.34%	62.90%	60.74%	62.91%
D&A For EBITDA	121.02	100.89	60.15	42.27	20.5	15.87
EBIT	199.58	165.82	114.61	78.61	41.73	28.37
EBIT Margin	46.55%	43.88%	44.82%	40.91%	40.73%	40.35%
Effective Tax Rate	19.89%	21.56%	22.48%	25.35%	20.80%	-
Revenue as Reported	482.02	398.8	261.14	192.17	-	-

Updated Feb 19, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.