ISRAEL LAND DEVELOPMENT - URBAN RENEWAL LTD

Income Statement Israel Land Development - Urban Renewal Ltd

Equities

ILDR

IL0011214744

Real Estate Development & Operations

Market Closed - TEL AVIV STOCK EXCHANGE Other stock markets 10:24:13 2025-07-15 am EDT			5-day change	1st Jan Change
669.40 ^ILa	-0.13%		-1.78%	-12.75%

May. 11	Israel Land Development - Urban Renewal Ltd Reports Earnings Results for the First Quarter Ended March 31, 2025	CI
Mar. 03	Israel Land Development - Urban Renewal Ltd Reports Earnings Results for the Full Year Ended December 31, 2024	CI

82.4QPP2i2_MsGaEy-bJVJIyEE8LkNoCrP610Tn-53QBC4.0UeEgH2JZ4L9UVr4RjwejwILVnI-PP7LuA6vqOi5YxuEYZuLaNdWu9FGeg

Published financial data: ISRAEL LAND DEVELOPMENT - URBAN RENEWAL LTD

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	-	18.57M	12.25M	55.77M	38.48M
Total Revenues	-	18.57M	12.25M	55.77M	38.48M
Cost of Goods Sold, Total	-	16.88M	11.17M	50.34M	35.96M
Gross Profit	-	1.69M	1.08M	5.42M	2.52M
Selling General & Admin Expenses, Total	11.3M	15.04M	25.29M	20.42M	18.23M
Other Operating Expenses, Total	11.3M	15.04M	25.29M	20.42M	18.23M
Operating Income	-11.3M	-13.35M	-24.21M	-15M	-15.72M
Interest Expense, Total	-3.33M	-7.28M	-10.12M	-13.73M	-13.03M
Interest And Investment Income	-	71K	35K	817K	1.58M
Net Interest Expenses	-3.33M	-7.2M	-10.08M	-12.91M	-11.45M
Income (Loss) On Equity Invest.	-	-	-	-2K	-592K
Currency Exchange Gains (Loss)	-	-	-	-	-
Other Non Operating Income (Expenses)	249K	-696K	-346K	-1.33M	-3.07M
EBT, Excl. Unusual Items	-14.38M	-21.25M	-34.64M	-29.25M	-30.84M
EBT, Incl. Unusual Items	-14.38M	-21.25M	-34.64M	-29.25M	-30.84M
Income Tax Expense	-1.68M	-8.36M	2.27M	-3.1M	267K
Earnings From Continuing Operations	-12.7M	-12.88M	-36.91M	-26.15M	-31.1M
Net Income to Company	-12.7M	-12.88M	-36.91M	-26.15M	-31.1M
Net Income - (IS)	-12.7M	-12.88M	-36.91M	-26.15M	-31.1M
Net Income to Common Incl Extra Items	-12.7M	-12.88M	-36.91M	-26.15M	-31.1M
Net Income to Common Excl. Extra Items	-12.7M	-12.88M	-36.91M	-26.15M	-31.1M
Per Share Items
Net EPS - Basic	-0.49	-0.34	-0.71	-0.46	-0.5
Basic EPS - Continuing Operations	-0.49	-0.34	-0.71	-0.46	-0.5
Basic Weighted Average Shares Outstanding	26.18M	37.43M	51.7M	56.44M	61.59M
Net EPS - Diluted	-0.49	-0.34	-0.71	-0.46	-0.5
Diluted EPS - Continuing Operations	-0.49	-0.34	-0.71	-0.46	-0.5
Diluted Weighted Average Shares Outstanding	26.18M	37.43M	51.7M	56.44M	61.59M
Normalized Basic EPS	-0.34	-0.35	-0.42	-0.32	-0.31
Normalized Diluted EPS	-0.34	-0.35	-0.42	-0.32	-0.31
Supplemental Items
EBITDA	-	-	-	-14.86M	-15.19M
EBITA	-11.3M	-13.35M	-24.21M	-15M	-15.72M
EBIT	-11.3M	-13.35M	-24.21M	-15M	-15.72M
Effective Tax Rate - (Ratio)	11.68	39.37	-6.55	10.58	-0.87
Normalized Net Income	-8.99M	-13.28M	-21.65M	-18.28M	-19.27M
Interest on Long-Term Debt	1.98M	1.88M	2.06M	1.2M	701K
Supplemental Operating Expense Items
Advertising Expense	4K	24K	4.95M	-	-
Marketing Expenses	660K	1.45M	1.66M	1.17M	1.02M
Selling and Marketing Expenses	664K	1.47M	6.61M	1.17M	1.02M
General and Administrative Expenses	10.64M	13.56M	18.21M	19.26M	17.21M
Net Rental Expense, Total	-	-	474K	-	-
Imputed Operating Lease Interest Expense	-	-	747K	-	-
Imputed Operating Lease Depreciation	-	-	-273K	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	25K	17.66M	390K	9.38M	72.96M
Short Term Investments	-	-	35.1M	37.83M	43.46M
Total Cash And Short Term Investments	25K	17.66M	35.49M	47.21M	116M
Other Receivables	92K	440K	756K	1.94M	6M
Notes Receivable	-	-	-	-	-
Total Receivables	92K	440K	756K	1.94M	6M
Inventory	1.27M	26.08M	70.69M	50.57M	31.48M
Prepaid Expenses	-	-	-	-	-
Other Current Assets, Total	-	26M	-	-	-
Total Current Assets	1.39M	70.18M	107M	99.72M	154M
Net Property Plant And Equipment	-	-	358K	1.53M	1.02M
Long-term Investments	-	-	2.79M	5.74M	38.07M
Loans Receivable Long-Term	3.66M	10.54M	12.46M	12.34M	12.34M
Deferred Tax Assets Long-Term	-	5.89M	1.96M	3.7M	2.9M
Other Long-Term Assets, Total	2.15M	2.15M	17.42M	35.44M	69.43M
Total Assets	7.2M	88.76M	142M	158M	278M
Liabilities
Accrued Expenses, Total	1.26M	2.53M	5.55M	3.53M	6.85M
Short-term Borrowings	9K	-	56K	7.06M	12.53M
Current Portion of Long-Term Debt	946K	2.57M	16.59M	-	-
Current Portion of Leases	-	-	-	389K	404K
Other Current Liabilities	50K	41.26M	89.4M	71.12M	85.63M
Total Current Liabilities	2.27M	46.36M	112M	82.09M	105M
Long-Term Debt	18.84M	32.14M	51.37M	83.63M	-
Long-Term Leases	-	-	-	412K	41K
Pension & Other Post Retirement Benefits	98K	134K	164K	-	-
Other Non Current Liabilities	-	-	-	35.19M	41.2M
Total Liabilities	21.2M	78.64M	163M	201M	147M
Common Stock, Total	2.62M	4.18M	5.51M	5.51M	8.51M
Additional Paid In Capital	241M	292M	314M	314M	526M
Retained Earnings	-353M	-366M	-403M	-429M	-460M
Treasury Stock	-1.26M	-1.26M	-1.26M	-1.26M	-1.26M
Comprehensive Income and Other	96.72M	81.57M	63.52M	68.03M	58.63M
Total Common Equity	-14M	10.12M	-21.2M	-42.84M	131M
Total Equity	-14M	10.12M	-21.2M	-42.84M	131M
Total Liabilities And Equity	7.2M	88.76M	142M	158M	278M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	27.49M	43.12M	56.44M	56.44M	86.45M
ECS Total Common Shares Outstanding	27.49M	43.12M	56.44M	56.44M	86.45M
Book Value / Share	-0.51	0.23	-0.38	-0.76	1.52
Tangible Book Value	-14M	10.12M	-21.2M	-42.84M	131M
Tangible Book Value Per Share	-0.51	0.23	-0.38	-0.76	1.52
Total Debt	19.79M	34.71M	68.01M	91.49M	12.97M
Net Debt	19.77M	17.06M	32.52M	44.28M	-103M
Debt Equivalent Oper. Leases	-	-	3.79M	-	-
Equity Method Investments, Total	-	-	2.79M	5.74M	38.07M
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Finished Goods, Total	1.27M	26.08M	70.69M	50.57M	31.48M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-12.7M	-12.88M	-36.91M	-26.15M	-31.1M
Depreciation & Amortization - CF	-	-	-	137K	526K
Depreciation & Amortization, Total	-	-	-	137K	526K
Provision for Credit Losses	-	500K	-	-	-
Other Operating Activities, Total	1.42M	-2.32M	10.72M	10.61M	15.2M
Change In Accounts Receivable	155K	-348K	-316K	-360K	-4.06M
Change In Inventories	-1.27M	2.61M	-59.88M	2.1M	-14.91M
Change In Accounts Payable	-684K	1.34M	2.98M	-1.29M	3.32M
Change in Other Net Operating Assets	-	6.2M	46.74M	-21.09M	-17.62M
Cash from Operations	-13.08M	-4.9M	-36.67M	-36.05M	-48.64M
Capital Expenditure	-	-	-358K	-523K	-6K
Sale (Purchase) of Real Estate properties	-1.6M	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	-	-2.79M	-2.95M	-32.33M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-1.92M	126K	-
Other Investing Activities, Total	-	-26M	-9.11M	-2.72M	-5.33M
Cash from Investing	-1.6M	-26M	-14.18M	-6.07M	-37.66M
Short Term Debt Issued, Total	9K	-	56K	7.09M	5.46M
Long-Term Debt Issued, Total	-	20.8M	34.53M	27.62M	48.34M
Total Debt Issued	9K	20.8M	34.59M	34.71M	53.8M
Short Term Debt Repaid, Total	-	-9K	-	-	-
Long-Term Debt Repaid, Total	-1.01M	-1M	-1M	-17.48M	-352K
Total Debt Repaid	-1.01M	-1.01M	-1M	-17.48M	-352K
Issuance of Common Stock	11K	28.75M	-	-	93.34M
Other Financing Activities, Total	14.63M	-	-	33.87M	3.08M
Cash from Financing	13.64M	48.53M	33.58M	51.11M	150M
Net Change in Cash	-1.04M	17.63M	-17.27M	8.99M	63.58M
Supplemental Items
Cash Interest Paid	415K	1.01M	672K	1.25M	461K
Cash Income Tax Paid (Refund)	-	-	-	-	-
Levered Free Cash Flow	-10.76M	-21.56M	-17.65M	-19.72M	15.42M
Unlevered Free Cash Flow	-8.68M	-17.02M	-11.33M	-11.14M	23.56M
Change In Net Working Capital	1.62M	8.68M	-4.16M	1.38M	-32.87M
Net Debt Issued / Repaid	-999K	19.78M	33.58M	17.24M	53.45M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-111.06	-17.38	-13.12	-6.24	-4.5
Return on Total Capital	-150.12	-32.95	-33.02	-19.64	-10.2
Return On Equity %	121.45	664.24	666.14	81.67	-70.54
Return on Common Equity	121.45	664.24	666.14	81.67	-70.54
Margin Analysis
Gross Profit Margin %	-	9.09	8.82	9.73	6.54
SG&A Margin	-	80.96	206.53	36.62	47.38
EBITDA Margin %	-	-	-	-26.65	-39.48
EBITA Margin %	-	-71.86	-197.71	-26.9	-40.84
EBIT Margin %	-	-71.86	-197.71	-26.9	-40.84
Income From Continuing Operations Margin %	-	-69.37	-301.41	-46.9	-80.82
Net Income Margin %	-	-69.37	-301.41	-46.9	-80.82
Net Avail. For Common Margin %	-	-69.37	-301.41	-46.9	-80.82
Normalized Net Income Margin	-	-71.5	-176.8	-32.78	-50.08
Levered Free Cash Flow Margin	-	-116.11	-144.17	-35.37	40.07
Unlevered Free Cash Flow Margin	-	-91.62	-92.52	-19.98	61.24
Asset Turnover
Asset Turnover	-	0.39	0.11	0.37	0.18
Fixed Assets Turnover	-	-	-	59.2	30.29
Inventory Turnover (Average Inventory)	-	1.23	0.24	0.83	0.88
Short Term Liquidity
Current Ratio	0.61	1.51	0.96	1.21	1.46
Quick Ratio	0.05	0.39	0.32	0.6	1.16
Operating Cash Flow to Current Liabilities	-5.77	-0.11	-0.33	-0.44	-0.46
Days Outstanding Inventory (Average Inventory)	-	295.7	1.55K	439.59	417.51
Long Term Solvency
Total Debt/Equity	-141.36	342.93	-320.76	-213.55	9.9
Total Debt / Total Capital	341.77	77.42	145.3	188.07	9.01
LT Debt/Equity	-134.54	317.54	-242.27	-196.16	0.03
Long-Term Debt / Total Capital	325.28	71.69	109.74	172.75	0.03
Total Liabilities / Total Assets	294.46	88.6	114.94	127.03	52.81
EBIT / Interest Expense	-3.39	-1.83	-2.39	-1.09	-1.21
EBITDA / Interest Expense	-	-	-	-1.08	-1.17
(EBITDA - Capex) / Interest Expense	-	-	-	-1.12	-1.17
Total Debt / EBITDA	-	-	-	-6.16	-0.85
Net Debt / EBITDA	-	-	-	-2.98	6.81
Total Debt / (EBITDA - Capex)	-	-	-	-5.95	-0.85
Net Debt / (EBITDA - Capex)	-	-	-	-2.88	6.81
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	-	-34.06	355.38	-31
Gross Profit, 1 Yr. Growth %	-	-	-36.06	402.22	-53.61
EBITDA, 1 Yr. Growth %	-	-	-	-	2.21
EBITA, 1 Yr. Growth %	-25.56	18.09	74.87	-38.05	4.78
EBIT, 1 Yr. Growth %	-25.56	18.09	74.87	-38.05	4.78
Earnings From Cont. Operations, 1 Yr. Growth %	-18.83	1.42	186.51	-29.14	18.92
Net Income, 1 Yr. Growth %	-18.83	1.42	186.51	-29.14	18.92
Normalized Net Income, 1 Yr. Growth %	-8.09	47.72	63.04	-15.57	5.42
Diluted EPS Before Extra, 1 Yr. Growth %	-18.65	-29.05	107.42	-35.1	8.98
Inventory, 1 Yr. Growth %	-	1.95K	194.52	-28.46	-37.74
Net Property, Plant and Equip., 1 Yr. Growth %	-	-	-	326.26	-33.49
Total Assets, 1 Yr. Growth %	30.41	1.13K	59.9	11.65	75.22
Tangible Book Value, 1 Yr. Growth %	102.38	-172.29	-309.48	102.05	-405.83
Common Equity, 1 Yr. Growth %	102.38	-172.29	-309.48	102.05	-405.83
Cash From Operations, 1 Yr. Growth %	1.35	-62.52	647.97	-1.7	34.92
Capital Expenditures, 1 Yr. Growth %	-	-	-	46.09	-98.85
Levered Free Cash Flow, 1 Yr. Growth %	90.28	100.35	-384.68	11.72	-178.18
Unlevered Free Cash Flow, 1 Yr. Growth %	101.93	96	-205.41	-1.66	-311.5
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	-	73.28	77.27
Gross Profit, 2 Yr. CAGR %	-	-	-	79.2	52.63
EBITDA, 2 Yr. CAGR %	-	-	-	-	-
EBITA, 2 Yr. CAGR %	7.36	-6.24	49.37	4.08	-19.43
EBIT, 2 Yr. CAGR %	7.36	-6.24	49.37	4.08	-19.43
Earnings From Cont. Operations, 2 Yr. CAGR %	0.8	-9.27	70.46	42.48	-8.21
Net Income, 2 Yr. CAGR %	0.8	-9.27	70.46	42.48	-8.21
Normalized Net Income, 2 Yr. CAGR %	7.26	16.52	55.19	17.33	-5.65
Diluted EPS Before Extra, 2 Yr. CAGR %	0.91	-24.4	21.32	16.03	-15.9
Inventory, 2 Yr. CAGR %	-	-	645.77	45.15	-33.26
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	-	-	68.38
Total Assets, 2 Yr. CAGR %	20.59	300.96	343.99	33.62	39.87
Tangible Book Value, 2 Yr. CAGR %	107.27	20.96	23.06	105.73	148.58
Common Equity, 2 Yr. CAGR %	107.27	20.96	23.06	105.73	148.58
Cash From Operations, 2 Yr. CAGR %	12.92	-38.37	67.43	171.16	15.16
Capital Expenditures, 2 Yr. CAGR %	-	-	-	-	-87.05
Levered Free Cash Flow, 2 Yr. CAGR %	-1.53	95.25	29.78	78.33	-6.55
Unlevered Free Cash Flow, 2 Yr. CAGR %	-4.9	98.94	16.14	1.81	44.21
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	-	27.49
Gross Profit, 3 Yr. CAGR %	-	-	-	-	14.21
EBITDA, 3 Yr. CAGR %	-	-	-	-	-
EBITA, 3 Yr. CAGR %	-10.21	10.82	16.83	11.39	4.32
EBIT, 3 Yr. CAGR %	-10.21	10.82	16.83	11.39	4.32
Earnings From Cont. Operations, 3 Yr. CAGR %	-10.76	1.01	33.11	27.22	34.15
Net Income, 3 Yr. CAGR %	-10.76	1.01	33.11	27.22	34.15
Normalized Net Income, 3 Yr. CAGR %	-11.15	19.34	30.33	26.69	13.22
Diluted EPS Before Extra, 3 Yr. CAGR %	-10.7	-10.56	5.83	-1.52	13.63
Inventory, 3 Yr. CAGR %	-	-	-	241.39	9.47
Total Assets, 3 Yr. CAGR %	10.99	161.72	195.13	180.25	46.25
Tangible Book Value, 3 Yr. CAGR %	114.13	45.9	45.26	45.18	134.8
Common Equity, 3 Yr. CAGR %	114.13	45.9	45.26	45.18	134.8
Cash From Operations, 3 Yr. CAGR %	-6.44	-21.82	41.63	40.2	114.87
Capital Expenditures, 3 Yr. CAGR %	-	-	-	-	-
Levered Free Cash Flow, 3 Yr. CAGR %	-1.72	24.78	46.14	23.46	35.47
Unlevered Free Cash Flow, 3 Yr. CAGR %	1.39	21.02	38.13	9.87	29.91
Compound Annual Growth Rate Over Five Years
EBITDA, 5 Yr. CAGR %	-	-	-	9.24	0.34
EBITA, 5 Yr. CAGR %	31.77	15.88	9.17	8.88	0.69
EBIT, 5 Yr. CAGR %	31.77	15.88	9.17	8.88	0.69
Earnings From Cont. Operations, 5 Yr. CAGR %	48.6	-2.87	15.61	15.91	14.73
Net Income, 5 Yr. CAGR %	48.6	-2.87	15.61	15.91	14.73
Normalized Net Income, 5 Yr. CAGR %	22.78	5.68	11.05	18.53	14.53
Diluted EPS Before Extra, 5 Yr. CAGR %	23.58	-18.27	0.74	-0.75	-3.46
Total Assets, 5 Yr. CAGR %	116.04	60.42	93.25	100.01	118.93
Tangible Book Value, 5 Yr. CAGR %	-14.99	-13.22	71.58	67.4	80.08
Common Equity, 5 Yr. CAGR %	-14.99	-13.22	71.58	67.4	80.08
Cash From Operations, 5 Yr. CAGR %	19.62	-9.46	18.09	28.58	30.38
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	-
Levered Free Cash Flow, 5 Yr. CAGR %	6.65	14.37	9.26	12.19	22.21
Unlevered Free Cash Flow, 5 Yr. CAGR %	12.22	28.75	6.35	3.02	40.53