Urbanica (Palo) Retail 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
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cost of Revenue	284.24	277.5	218.96	184.11
Gross Profit	-284.24	-277.5	-218.96	-184.11
Selling, General & Admin	242.61	232.91	193.58	168.01
Other Operating Expenses	-3.33	-1.8	-0.94	-0.71
Operating Expenses	239.28	231.11	192.64	167.3
Operating Income	-523.52	-508.61	-411.61	-351.41
Interest Expense	-21.43	-20.69	-18.79	-15.52
Interest & Investment Income	620.56	605.04	461.04	398.65
Currency Exchange Gain (Loss)	0.58	0.58	0.13	0.55
Other Non Operating Income (Expenses)	0.65	0.65	4.86	5.8
Pretax Income	76.84	76.97	35.64	38.07
Income Tax Expense	17.96	17.94	8.73	8.77
Net Income	58.89	59.03	26.91	29.31
Net Income to Common	58.89	59.03	26.91	29.31
Net Income Growth	-	119.39%	-8.19%	-
Shares Outstanding (Basic)	66	66	66	66
Shares Outstanding (Diluted)	66	66	66	66
Shares Change (YoY)	-	0.17%	-	-
EPS (Basic)	0.90	0.89	0.41	0.44
EPS (Diluted)	0.90	0.89	0.41	0.44
EPS Growth	-	119.01%	-8.19%	-
Free Cash Flow	39.45	46.67	43.22	9.06
Free Cash Flow Per Share	0.60	0.71	0.66	0.14
EBITDA	-513.84	-500.93	-406	-347.38
D&A For EBITDA	9.68	7.69	5.6	4.02
EBIT	-523.52	-508.61	-411.61	-351.41
Effective Tax Rate	23.37%	23.30%	24.50%	23.02%
Advertising Expenses	-	18.27	16.61	18.9

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