Fridenson Logistic Services Ltd
TASE:FRDN
Income Statement
Earnings Waterfall
Fridenson Logistic Services Ltd
Income Statement
Fridenson Logistic Services Ltd
| Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
3
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
9
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
|
| Revenue |
150
N/A
|
177
+18%
|
208
+18%
|
240
+15%
|
265
+10%
|
275
+4%
|
283
+3%
|
285
+1%
|
290
+2%
|
286
-1%
|
287
+0%
|
289
+1%
|
291
+1%
|
293
+0%
|
288
-2%
|
282
-2%
|
288
+2%
|
295
+2%
|
291
-2%
|
310
+7%
|
321
+4%
|
329
+2%
|
394
+20%
|
445
+13%
|
518
+17%
|
564
+9%
|
593
+5%
|
595
+0%
|
578
-3%
|
544
-6%
|
503
-8%
|
488
-3%
|
474
-3%
|
466
-2%
|
453
-3%
|
456
+1%
|
482
+6%
|
498
+3%
|
524
+5%
|
524
0%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(107)
|
(132)
|
(161)
|
(191)
|
(219)
|
(229)
|
(237)
|
(240)
|
(242)
|
(237)
|
(236)
|
(237)
|
(241)
|
(244)
|
(245)
|
(243)
|
(250)
|
(259)
|
(256)
|
(273)
|
(280)
|
(289)
|
(347)
|
(396)
|
(469)
|
(516)
|
(544)
|
(545)
|
(524)
|
(489)
|
(449)
|
(433)
|
(419)
|
(412)
|
(404)
|
(409)
|
(434)
|
(452)
|
(476)
|
(481)
|
|
| Gross Profit |
44
N/A
|
45
+3%
|
47
+5%
|
49
+3%
|
45
-6%
|
46
+1%
|
46
-1%
|
46
+0%
|
48
+5%
|
48
+1%
|
51
+6%
|
52
+0%
|
50
-3%
|
49
-2%
|
43
-12%
|
39
-8%
|
38
-3%
|
36
-6%
|
34
-5%
|
37
+8%
|
41
+11%
|
40
-4%
|
47
+18%
|
48
+2%
|
50
+3%
|
48
-3%
|
48
0%
|
50
+4%
|
53
+6%
|
54
+2%
|
54
0%
|
55
+1%
|
55
+0%
|
54
-3%
|
48
-10%
|
46
-5%
|
48
+3%
|
46
-3%
|
48
+4%
|
43
-11%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(29)
|
(29)
|
(30)
|
(31)
|
(30)
|
(31)
|
(31)
|
(30)
|
(32)
|
(32)
|
(32)
|
(32)
|
(31)
|
(30)
|
(30)
|
(30)
|
(31)
|
(31)
|
(29)
|
(28)
|
(27)
|
(25)
|
(28)
|
(30)
|
(35)
|
(37)
|
(36)
|
(36)
|
(37)
|
(37)
|
(39)
|
(40)
|
(41)
|
(40)
|
(38)
|
(37)
|
(36)
|
(38)
|
(38)
|
(38)
|
|
| Selling, General & Administrative |
(25)
|
(29)
|
(30)
|
(31)
|
(26)
|
(31)
|
(31)
|
(31)
|
(28)
|
(32)
|
(32)
|
(32)
|
(29)
|
(30)
|
(30)
|
(30)
|
(27)
|
(31)
|
(29)
|
(28)
|
(24)
|
(24)
|
(27)
|
(29)
|
(31)
|
(36)
|
(36)
|
(36)
|
(34)
|
(37)
|
(39)
|
(40)
|
(39)
|
(40)
|
(39)
|
(38)
|
(33)
|
(37)
|
(37)
|
(37)
|
|
| Depreciation & Amortization |
(3)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
0
|
(1)
|
(1)
|
0
|
|
| Operating Income |
15
N/A
|
16
+7%
|
17
+6%
|
17
+3%
|
15
-12%
|
15
-1%
|
15
-1%
|
15
+2%
|
16
+5%
|
17
+4%
|
20
+17%
|
20
+1%
|
19
-5%
|
19
-2%
|
13
-30%
|
9
-27%
|
8
-20%
|
6
-27%
|
5
-7%
|
9
+82%
|
15
+55%
|
15
+2%
|
19
+29%
|
18
-9%
|
15
-14%
|
11
-25%
|
12
+5%
|
15
+22%
|
17
+15%
|
18
+6%
|
16
-12%
|
15
-4%
|
14
-8%
|
14
+2%
|
10
-27%
|
9
-8%
|
12
+28%
|
9
-27%
|
10
+17%
|
4
-57%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(2)
|
(3)
|
(4)
|
(5)
|
(3)
|
(4)
|
(4)
|
(5)
|
(2)
|
(6)
|
(6)
|
(5)
|
(4)
|
(6)
|
(6)
|
(7)
|
(5)
|
(7)
|
(5)
|
(3)
|
(0)
|
3
|
3
|
3
|
0
|
(1)
|
(1)
|
(3)
|
(1)
|
(2)
|
(2)
|
(0)
|
(1)
|
(4)
|
(4)
|
(5)
|
(2)
|
(2)
|
(1)
|
(2)
|
|
| Non-Reccuring Items |
1
|
1
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(1)
|
0
|
(0)
|
0
|
|
| Total Other Income |
(1)
|
(0)
|
(0)
|
(0)
|
(2)
|
(0)
|
(0)
|
(0)
|
(2)
|
(0)
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
|
| Pre-Tax Income |
13
N/A
|
13
+7%
|
13
-6%
|
12
-3%
|
10
-18%
|
11
+5%
|
11
+1%
|
11
0%
|
13
+21%
|
12
-6%
|
14
+18%
|
15
+5%
|
13
-11%
|
13
-5%
|
7
-45%
|
2
-72%
|
(1)
N/A
|
(2)
-146%
|
(0)
+75%
|
6
N/A
|
14
+129%
|
17
+25%
|
21
+24%
|
19
-8%
|
14
-30%
|
11
-20%
|
11
+2%
|
12
+11%
|
15
+20%
|
15
+3%
|
13
-11%
|
14
+6%
|
11
-25%
|
10
-4%
|
5
-53%
|
4
-10%
|
8
+84%
|
7
-13%
|
9
+27%
|
3
-64%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(3)
|
(3)
|
(2)
|
(2)
|
0
|
(0)
|
(0)
|
(1)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(3)
|
(2)
|
(1)
|
(0)
|
(0)
|
(0)
|
(2)
|
(3)
|
(4)
|
(5)
|
(5)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(3)
|
(4)
|
(3)
|
(4)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
|
| Income from Continuing Operations |
9
|
11
|
10
|
10
|
10
|
10
|
10
|
10
|
10
|
9
|
10
|
11
|
9
|
9
|
5
|
1
|
(1)
|
(2)
|
(1)
|
4
|
11
|
13
|
16
|
15
|
10
|
8
|
8
|
9
|
11
|
11
|
10
|
10
|
7
|
7
|
2
|
2
|
6
|
5
|
7
|
2
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
|
| Net Income (Common) |
9
N/A
|
11
+18%
|
10
-6%
|
10
-1%
|
10
+3%
|
10
-3%
|
10
+2%
|
10
-5%
|
9
-4%
|
8
-12%
|
10
+17%
|
11
+9%
|
9
-12%
|
9
-4%
|
5
-47%
|
1
-83%
|
(1)
N/A
|
(2)
-75%
|
(1)
+62%
|
3
N/A
|
8
+165%
|
8
+7%
|
11
+40%
|
63
+451%
|
60
-5%
|
59
-1%
|
59
-1%
|
8
-86%
|
10
+20%
|
11
+9%
|
10
-10%
|
10
+4%
|
7
-26%
|
7
-7%
|
3
-60%
|
3
-5%
|
6
+124%
|
6
-6%
|
7
+32%
|
3
-62%
|
|
| EPS (Diluted) |
6.65
N/A
|
7.86
+18%
|
7.42
-6%
|
5.91
-20%
|
7.58
+28%
|
7.32
-3%
|
7.51
+3%
|
6
-20%
|
5.78
-4%
|
5.09
-12%
|
5.92
+16%
|
6.44
+9%
|
6.81
+6%
|
6.5
-5%
|
3.45
-47%
|
0.59
-83%
|
-1.04
N/A
|
-1.81
-74%
|
-0.69
+62%
|
1.84
N/A
|
4.89
+166%
|
5.94
+21%
|
7.77
+31%
|
42.25
+444%
|
41.74
-1%
|
36.42
-13%
|
36
-1%
|
5.07
-86%
|
6.05
+19%
|
6.56
+8%
|
5.93
-10%
|
6.16
+4%
|
4.55
-26%
|
4.23
-7%
|
1.7
-60%
|
1.62
-5%
|
3.63
+124%
|
3.42
-6%
|
4.5
+32%
|
1.71
-62%
|
|