v3.26.1
Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Profit or loss [abstract]        
Revenues $ 165,990 $ 116,117 $ 322,477 $ 225,875
Tax benefits 43,701 18,861 86,807 38,972
Total revenues and income 209,691 134,978 409,284 264,847
Cost of sales [1] (48,501) (29,846) (92,780) (56,484)
Depreciation and amortization (47,384) (37,228) (98,106) (71,017)
General and administrative expenses (18,118) (11,490) (37,081) (23,336)
Development expenses (4,690) (2,905) (8,689) (5,469)
Total operating expenses (118,693) (81,469) (236,656) (156,306)
Gains from projects disposals 453 566 889 97,828
Other income (expenses), net (519) 3,479 3,681 2,374
Operating profit 90,932 57,554 177,198 208,743
Finance income 11,264 1,471 20,260 8,166
Finance expenses (60,371) (52,083) (104,554) (82,286)
Total finance expenses, net (49,107) (50,612) (84,294) (74,120)
Profit before tax and equity loss 41,825 6,942 92,904 134,623
Share of losses of equity accounted investees (428) (418) (1,421) (1,645)
Profit before income taxes 41,397 6,524 91,483 132,978
Taxes on income (10,220) (955) (22,498) (25,606)
Profit for the period 31,177 5,569 68,985 107,372
Profit for the period attributed to:        
Owners of the Company 29,369 1,357 53,442 95,815
Non-controlling interests 1,808 4,212 15,543 11,557
Profit for the period $ 31,177 $ 5,569 $ 68,985 $ 107,372
Earnings per ordinary share (in USD) with a par value of NIS 0.1, attributable to owners of the parent Company:        
Basic earnings per share $ 0.21 $ 0.01 $ 0.39 $ 0.8
Diluted earnings per share $ 0.2 $ 0.01 $ 0.36 $ 0.75
Weighted average of share capital used in the calculation of earnings:        
Basic per share 139,430,537 119,421,246 137,294,117 119,107,985
Diluted per share 150,455,906 129,204,402 148,712,951 127,192,179
[1] Excluding depreciation and amortization.