DORAL GROUP RENEWABLE ENERGY RESOURCES LTD

Income Statement Doral Group Renewable Energy Resources Ltd

Stocks

DORL

IL0011667685

Renewable Energy Equipment & Services

Market Closed - TEL AVIV STOCK EXCHANGE 06:45:56 2026-08-14 EDT			5-day change	1st Jan Change
6,836.00 ^ILa	-3.31%		+5.09%	+86.62%

08-10	Doral Renewables LLC announced that it expects to receive $400 million in funding from Doral Group Renewable Energy Resources Ltd	CI
05-27	Doral Group Renewable Energy Resources Ltd Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

f98a49bca1e6cb4d01b7a00b76877.3ISxqPcznNZGPXBKRVHR-UafRajLAhOOCWgPXzwRX50.v83wnqJZ_YQeURUQchmmpjDXA-eBSl3RexttLlJYEMe50YH9nF_VmANYRA

Published financial data: DORAL GROUP RENEWABLE ENERGY RESOURCES LTD

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues - (Utility Template)	125M	46.99M	78.67M	310M	503M
Total Revenues	125M	46.99M	78.67M	310M	503M
Operations And Maintenance	1.92M	-	-	-	-
Selling General & Admin Expenses, Total	42.49M	53.9M	82.88M	117M	165M
R&D Expenses	2.46M	3M	2.46M	476K	2.85M
Other Operating Expenses	91.37M	30.03M	66.9M	282M	431M
Total Operating Expenses	138M	86.93M	152M	399M	599M
Operating Income (REIT / Utility Template)	-13.19M	-39.94M	-73.57M	-88.91M	-95.66M
Interest Expense, Total	-19.38M	-61.9M	-70.95M	-133M	-237M
Interest and Investment Income	3.57M	16.65M	85.37M	86.64M	101M
Net Interest Expenses	-15.81M	-45.25M	14.42M	-46.58M	-137M
Income (Loss) on Equity Invest.	-3.47M	-15.88M	-79.96M	-88.89M	-148M
Currency Exchange Gains (Loss)	-2.88M	2.9M	5.92M	-181K	-7.6M
Other Non Operating Income (Expenses)	6.47M	47.11M	85.43M	-9.16M	-77M
EBT, Excl. Unusual Items	-28.89M	-51.06M	-47.75M	-234M	-465M
Total Merger & Related Restructuring Charges	-	-	-	-	-
Gain (Loss) on Sale of Investments	-	16.67M	-	-	-
Gain (Loss) on Sale of Assets	-	-60K	-45K	-902K	-1.33M
Asset Writedown	-4.04M	-861K	-11.9M	-6.33M	-8.2M
Insurance Settlements	-	800K	-	756K	299K
Other Unusual Items	-	-	-	2.14M	-
EBT, Incl. Unusual Items	-32.93M	-34.51M	-59.7M	-238M	-475M
Income Tax Expense	-6.42M	-2.47M	-1.57M	-236M	-54.56M
Earnings From Continuing Operations	-26.51M	-32.04M	-58.14M	-1.79M	-420M
Earnings Of Discontinued Operations	-	1.1B	-	-	-
Net Income to Company	-26.51M	1.07B	-58.14M	-1.79M	-420M
Minority Interest	6.39M	20.27M	16.99M	21.81M	29.48M
Net Income - (IS)	-20.12M	1.09B	-41.14M	20.02M	-391M
Net Income to Common Incl Extra Items	-20.12M	1.09B	-41.14M	20.02M	-391M
Net Income to Common Excl. Extra Items	-20.12M	-11.78M	-41.14M	20.02M	-391M
Per Share Items
Net EPS - Basic	-0.14	6.96	-0.23	0.11	-2.18
Basic EPS - Continuing Operations	-0.14	-0.08	-0.23	0.11	-2.18
Basic Weighted Average Shares Outstanding	145M	156M	178M	178M	179M
Net EPS - Diluted	-0.14	6.94	-0.23	0.11	-2.18
Diluted EPS - Continuing Operations	-0.14	-0.08	-0.23	0.11	-2.18
Diluted Weighted Average Shares Outstanding	145M	157M	178M	178M	179M
Normalized Basic EPS	-0.08	-0.07	-0.07	-0.7	-1.46
Normalized Diluted EPS	-0.08	-0.07	-0.07	-0.7	-1.46
Supplemental Items
Utility Revenues	-	56.77B	-	-	-
Non Utility Revenues	-	190M	-	-	-
EBITDA	-10.77M	-35.06M	-60.13M	-37.24M	-5.37M
EBITA	-13.19M	-38.49M	-72.12M	-88.91M	-94.1M
EBIT	-13.19M	-39.94M	-73.57M	-88.91M	-95.66M
EBITDAR	-	-	-	-	-
Total Revenues (As Reported)	122M	46.99M	78.67M	310M	503M
Effective Tax Rate - (Ratio)	19.5	7.16	2.62	99.25	11.49
Total Current Taxes	1.54M	787K	752K	3.08M	4.33M
Total Deferred Taxes	-7.96M	-3.26M	-2.32M	-239M	-58.89M
Normalized Net Income	-11.66M	-11.65M	-12.85M	-124M	-261M
Interest on Long-Term Debt	1.11M	61.9M	102M	201M	287M
Supplemental Operating Expense Items
Advertising Expense	-	2.65M	-	-	-
Marketing Expenses	-	8.74M	26.28M	42.75M	50.6M
Selling and Marketing Expenses	-	11.4M	26.28M	42.75M	50.6M
General and Administrative Expenses	42.49M	42.51M	56.6M	74.11M	114M
Research And Development Expense From Footnotes	2.46M	3M	2.46M	476K	2.85M
Net Rental Expense, Total	-	-	-	-	-
Maintenance & Repair Expenses, Total	1.92M	-	-	-	-
Stock-Based Comp., G&A Exp. (Total)	475K	519K	330K	156K	2.16M
Stock-Based Comp., Other (Total)	-	-	-	-	1.99M
Total Stock-Based Compensation	475K	519K	330K	156K	4.15M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	601M	387M	544M	465M	1.09B
Trading Asset Securities, Total	140M	158M	20.31M	20.64M	20.61M
Accounts Receivable, Total	6.15M	13.7M	27.57M	55.35M	74.21M
Other Receivables	13.5M	205M	306M	280M	282M
Accounts Receivable (Summary Subtotal)	19.65M	218M	333M	335M	357M
Prepaid Expenses	-	1.67M	1.92M	4.18M	8.77M
Restricted Cash	63.71M	2.56M	2.56M	35K	451K
Other Current Assets, Total	61.92M	24.5M	34.69M	63.48M	31.72M
Total Current Assets	887M	792M	937M	889M	1.51B
Gross Property Plant And Equipment	53.54M	172M	955M	2.38B	3.14B
Accumulated Depreciation	-515K	-13.32M	-22.22M	-57.16M	-135M
Net Property Plant And Equipment	53.02M	159M	933M	2.32B	3.01B
Goodwill	9.4M	9.4M	9.4M	9.4M	9.4M
Other Intangibles, Total	-	27.72M	28.75M	29.76M	34.25M
Long-Term Investments - (Utility Template)	331M	1.88B	2.09B	2.15B	1.98B
Deferred Tax Assets Long-Term (Collected)	2.14M	6.35M	4.81M	38.3M	88.5M
Deferred Charges Long-Term	2.71M	-	-	-	-
Other Long-Term Assets, Total	371M	474M	525M	408M	418M
Total Assets	1.66B	3.34B	4.53B	5.85B	7.05B
Liabilities
Accounts Payable, Total	3.95M	10.94M	34.09M	26.77M	95.9M
Accrued Expenses, Total	23.77M	17.27M	21.67M	75.42M	54.37M
Short-Term Borrowings	14.69M	137M	582M	880M	436M
Current Portion of Long-Term Debt	6.94M	97.34M	164M	121M	135M
Current Portion of Leases	1.41M	2.6M	3.31M	11.53M	10.86M
Other Current Liabilities - (Bank / Utility Template)	67.68M	7.64M	32.64M	52.69M	26.97M
Total Current Liabilities	118M	273M	838M	1.17B	759M
Long-Term Debt	796M	780M	1.28B	2.32B	3.93B
Long-Term Leases	8.15M	25.22M	57.78M	193M	246M
Deferred Tax Liability Non-Current	21.94M	301M	335M	151M	135M
Other Non Current Liabilities, Total	-	3.21M	2.14M	657K	532K
Total Liabilities	944M	1.38B	2.51B	3.83B	5.07B
Common Stock, Total	-	-	-	-	-
Additional Paid In Capital	365M	713M	713M	713M	1.31B
Retained Earnings	-4.82M	1.08B	1.04B	1.07B	679M
Comprehensive Income and Other	139M	162M	225M	204M	-
Total Common Equity	499M	1.96B	1.98B	1.98B	1.99B
Minority Interest	213M	2.28M	30.06M	31.25M	-12.05M
Total Equity	713M	1.96B	2.01B	2.02B	1.98B
Total Liabilities And Equity	1.66B	3.34B	4.53B	5.85B	7.05B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	147M	178M	178M	178M	200M
ECS Total Common Shares Outstanding	147M	178M	178M	178M	200M
Book Value / Share	3.4	11.02	11.16	11.14	9.98
Tangible Book Value	490M	1.92B	1.94B	1.94B	1.95B
Tangible Book Value Per Share	3.33	10.81	10.94	10.92	9.76
Total Debt	827M	1.04B	2.09B	3.53B	4.75B
Net Debt	85.05M	497M	1.52B	3.04B	3.64B
Debt Equivalent Oper. Leases	-	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	213M	2.28M	30.06M	31.25M	-12.05M
Equity Method Investments, Total	211M	1.76B	1.9B	1.63B	1.41B
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	16.83M	37.29M	1.99M	3.45M	4.96M
Full Time Employees	74	121	159	212	292

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-20.12M	1.09B	-41.14M	20.02M	-391M
Depreciation, Depletion & Amortization	3.53M	6.14M	16.12M	51.68M	102M
Amortization of Goodwill and Intangible Assets - (CF)	-	1.45M	1.45M	-	1.56M
Total Depreciation, Depletion & Amortization	3.53M	7.59M	17.57M	51.68M	104M
(Gain) Loss On Sale of Asset - (CF)	-	-15.75M	16.13M	21.65M	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Total Asset Writedown	4.05M	-	-	-	-
(Income) Loss On Equity Investments - (CF)	3.47M	15.88M	79.96M	88.89M	148M
Stock-Based Compensation (CF)	475K	519K	330K	156K	4.15M
Change in Accounts Receivable	-20.81M	-11.7M	2.75M	-14.49M	-24.86M
Change in Accounts Payable	345K	971K	4.53M	7.21M	57.43M
Change in Other Net Operating Assets (Collected)	-10.4M	18.44M	20.62M	24.37M	8.51M
Other Operating Activities	-1.84M	-1.13B	-132M	-265M	10.34M
Net Cash From Discontinued Operations	-	-46.27M	-	-	-
Cash from Operations	-41.29M	-77.04M	-31M	-65.26M	-82.9M
Capital Expenditure	-259M	-361M	-540M	-805M	-627M
Sale of Property, Plant, and Equipment	-	1.15M	15K	-	50K
Cash Acquisitions	-	-32.17M	26.51M	-46.05M	7.97M
Purchase / Sale of Intangible Assets	-	-4.57M	-1.82M	-2.58M	-5.12M
Investment in Marketable and Equity Securities, Total	-210M	-225M	-160M	-293M	-379M
Other Investing Activities, Total	-39.18M	-433M	147M	158M	83.24M
Cash from Investing	-509M	-1.05B	-529M	-989M	-920M
Short Term Debt Issued, Total	-	123M	308M	205M	-
Long-Term Debt Issued, Total	617M	39.86M	548M	958M	1.88B
Total Debt Issued	617M	163M	857M	1.16B	1.88B
Short Term Debt Repaid, Total	-8.18M	-	-	-	-436M
Long-Term Debt Repaid, Total	-7.05M	-10.58M	-144M	-187M	-382M
Total Debt Repaid	-15.23M	-10.58M	-144M	-187M	-818M
Issuance of Common Stock	89K	347M	-	-	582M
Other Financing Activities, Total	306M	405M	-3.18M	2.14M	-10.59M
Cash from Financing	907M	905M	710M	978M	1.64B
Foreign Exchange Rate Adjustments	-6.04M	12.07M	6.87M	-2M	-8.34M
Net Change in Cash	351M	-214M	157M	-78.59M	625M
Supplemental Items
Cash Interest Paid	4.26M	16.37M	32.07M	80.05M	181M
Cash Income Tax Paid (Refund)	982K	1.45M	340K	915K	3.32M
Net Debt Issued / Repaid	601M	153M	713M	975M	1.07B
Levered Free Cash Flow	-313M	-583M	-687M	-858M	-705M
Unlevered Free Cash Flow	-301M	-544M	-643M	-775M	-557M
Change In Net Working Capital	37.67M	161M	72.92M	-36.31M	-27.5M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-0.72	-1	-1.17	-1.07	-0.93
Return on Total Capital	-0.77	-1.1	-1.29	-1.15	-0.97
Return On Equity %	-4.75	-2.4	-2.93	-0.09	-21.03
Return on Common Equity	-4.45	-0.96	-2.09	1.01	-19.65
Margin Analysis
Gross Profit Margin %	25.41	36.11	16.31	9.16	14.32
SG&A Margin	33.98	114.7	105.35	37.68	32.77
EBITDA Margin %	-8.61	-74.59	-76.43	-12.01	-1.07
EBITA Margin %	-10.55	-81.9	-91.67	-28.67	-18.7
EBIT Margin %	-10.55	-84.98	-93.52	-28.67	-19.01
Income From Continuing Operations Margin %	-21.2	-68.19	-73.9	-0.58	-83.5
Net Income Margin %	-16.08	2.31K	-52.3	6.45	-77.64
Net Avail. For Common Margin %	-16.08	-25.06	-52.3	6.45	-77.64
Normalized Net Income Margin	-9.33	-24.78	-16.34	-40.07	-51.96
Levered Free Cash Flow Margin	-250.42	-1.24K	-873.68	-276.83	-140.21
Unlevered Free Cash Flow Margin	-240.74	-1.16K	-817.31	-249.98	-110.7
Asset Turnover
Asset Turnover	0.11	0.02	0.02	0.06	0.08
Fixed Assets Turnover	2.73	0.44	0.14	0.19	0.19
Receivables Turnover (Average Receivables)	30.02	4.73	3.81	7.48	7.77
Short Term Liquidity
Current Ratio	7.49	2.9	1.12	0.76	1.99
Quick Ratio	6.43	2.8	1.07	0.7	1.93
Operating Cash Flow to Current Liabilities	-0.35	-0.28	-0.04	-0.06	-0.11
Days Sales Outstanding (Average Receivables)	12.16	77.11	95.74	48.93	47
Average Days Payable Outstanding	29.79	90.51	124.83	39.54	51.94
Long Term Solvency
Total Debt/Equity	116.01	53.15	103.69	175.05	240.12
Total Debt / Total Capital	53.71	34.7	50.91	63.64	70.6
LT Debt/Equity	112.78	41.05	66.44	124.85	210.74
Long-Term Debt / Total Capital	52.21	26.81	32.62	45.39	61.96
Total Liabilities / Total Assets	56.99	41.35	55.52	65.55	71.9
EBIT / Interest Expense	-0.68	-0.65	-1.04	-0.67	-0.4
EBITDA / Interest Expense	-0.5	-0.52	-0.79	-0.28	0.03
(EBITDA - Capex) / Interest Expense	-13.87	-6.36	-8.4	-6.32	-2.61
Total Debt / EBITDA	-85.55	-32.21	-37.27	-94.74	593.63
Net Debt / EBITDA	-8.8	-15.37	-27.19	-81.69	454.92
Total Debt / (EBITDA - Capex)	-3.08	-2.65	-3.5	-4.19	-7.68
Net Debt / (EBITDA - Capex)	-0.32	-1.26	-2.55	-3.61	-5.88
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	111.13	-62.42	67.41	294.2	62.22
Gross Profit, 1 Yr. Growth %	76.97	-48.7	-24.38	121.49	153.5
EBITDA, 1 Yr. Growth %	-314.05	-2.96K	70.26	-36.96	-88.24
EBITA, 1 Yr. Growth %	-793.9	3K	86.68	25.32	7.73
EBIT, 1 Yr. Growth %	-793.9	3.12K	83.03	22.62	7.59
Earnings From Cont. Operations, 1 Yr. Growth %	-291.01	29.19	21.45	-96.92	23.36K
Net Income, 1 Yr. Growth %	-273.29	-5.5K	-103.79	-148.65	-2.05K
Diluted EPS Before Extra, 1 Yr. Growth %	-246.32	-40.41	30.85	-148.61	-2.03K
Normalized Net Income, 1 Yr. Growth %	-290.74	31.58	-47.53	819.17	110.35
Net Property, Plant and Equip., 1 Yr. Growth %	37.23	199.25	488.19	148.69	29.55
Accounts Receivable, 1 Yr. Growth %	182.81	122.65	101.19	100.79	34.07
Total Assets, 1 Yr. Growth %	163.23	101.79	35.37	29.27	20.48
Tangible Book Value, 1 Yr. Growth %	23.73	294.23	1.2	0.02	0.2
Cash From Operations, 1 Yr. Growth %	2.7K	86.58	-59.77	110.54	27.03
Capital Expenditures, 1 Yr. Growth %	315.31	176.81	49.58	49.07	-22.09
Levered Free Cash Flow, 1 Yr. Growth %	457.47	229.56	18.59	25.02	-17.84
Unlevered Free Cash Flow, 1 Yr. Growth %	479.25	229.7	18.2	20.69	-28.16
Common Equity, 1 Yr. Growth %	23.18	292.1	1.23	0.07	0.42
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	377.09	-9.17	-20.68	156.89	152.88
Gross Profit, 2 Yr. CAGR %	274.28	0.09	-37.72	29.42	136.96
EBITDA, 2 Yr. CAGR %	73.12	171.09	419.02	3.07	-68.74
EBITA, 2 Yr. CAGR %	63.72	481.8	658.67	52.22	13.92
EBIT, 2 Yr. CAGR %	63.72	492.66	666.27	49.21	14.86
Earnings From Cont. Operations, 2 Yr. CAGR %	221.27	57.59	53.09	-80.66	168.81
Net Income, 2 Yr. CAGR %	169.52	867.51	43.01	-86.43	208.13
Diluted EPS Before Extra, 2 Yr. CAGR %	122.67	-8.03	35.08	-20.25	206.67
Normalized Net Income, 2 Yr. CAGR %	138.76	45.44	20.49	125.26	339.71
Net Property, Plant and Equip., 2 Yr. CAGR %	19.7	102.65	319.54	282.46	79.49
Accounts Receivable, 2 Yr. CAGR %	87.26	150.94	111.65	100.99	64.07
Total Assets, 2 Yr. CAGR %	165.74	130.47	65.28	32.28	24.8
Common Equity, 2 Yr. CAGR %	207.41	119.77	99.23	0.65	0.24
Tangible Book Value, 2 Yr. CAGR %	235.84	120.24	99.74	0.61	0.11
Cash From Operations, 2 Yr. CAGR %	117.54	622.72	-13.36	-7.97	63.54
Capital Expenditures, 2 Yr. CAGR %	476.1	140.57	103.48	49.32	7.77
Levered Free Cash Flow, 2 Yr. CAGR %	230.99	220.66	97.19	21.72	1.35
Unlevered Free Cash Flow, 2 Yr. CAGR %	231.22	222	97.43	19.39	-6.88
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	111.98	104.51	11.36	35.36	120.39
Gross Profit, 3 Yr. CAGR %	81	95.58	-8.84	-4.93	61.93
EBITDA, 3 Yr. CAGR %	112.47	113.66	132.73	155.52	-46.49
EBITA, 3 Yr. CAGR %	128.82	98.5	298.81	314	34.85
EBIT, 3 Yr. CAGR %	128.82	100.96	301.47	314	33.8
Earnings From Cont. Operations, 3 Yr. CAGR %	129.49	131.94	65.16	-58.36	106.27
Net Income, 3 Yr. CAGR %	119.69	632.12	52.47	-0.17	-28.9
Diluted EPS Before Extra, 3 Yr. CAGR %	87.76	39.24	37.29	-3.92	130.87
Normalized Net Income, 3 Yr. CAGR %	85.91	78.55	32.65	141.24	120.17
Net Property, Plant and Equip., 3 Yr. CAGR %	578.16	62.46	189.07	252.43	166.6
Accounts Receivable, 3 Yr. CAGR %	318.43	98.38	133.12	107.96	75.61
Total Assets, 3 Yr. CAGR %	183.22	142.44	93.01	52.28	28.23
Common Equity, 3 Yr. CAGR %	131.02	233.38	69.73	58.37	0.57
Tangible Book Value, 3 Yr. CAGR %	129.56	253.62	69.96	58.61	0.47
Cash From Operations, 3 Yr. CAGR %	64.57	106.68	175.95	16.48	2.47
Capital Expenditures, 3 Yr. CAGR %	652.98	258.95	105.33	83.43	20.21
Levered Free Cash Flow, 3 Yr. CAGR %	-	173.14	129.78	69.35	6.78
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	170.62	130.58	67.5	0.8
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	53.98	43.06	124.04	54.6
Gross Profit, 5 Yr. CAGR %	-	100.86	19.08	65.8	33.58
EBITDA, 5 Yr. CAGR %	-	91.08	121.69	59.62	2.4
EBITA, 5 Yr. CAGR %	-	94.32	130.81	78.39	141.86
EBIT, 5 Yr. CAGR %	-	95.76	131.73	78.39	142.66
Earnings From Cont. Operations, 5 Yr. CAGR %	-	100.34	92.61	-6.95	100.69
Net Income, 5 Yr. CAGR %	-	353.74	85.03	48.53	102.02
Diluted EPS Before Extra, 5 Yr. CAGR %	-	63.89	61.61	32.04	89.34
Normalized Net Income, 5 Yr. CAGR %	-	107.87	47.91	127.35	116.42
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	459.64	128.81	138.9
Accounts Receivable, 5 Yr. CAGR %	-	-	218.58	99.42	102.56
Total Assets, 5 Yr. CAGR %	-	-	128.33	90.27	62.12
Common Equity, 5 Yr. CAGR %	-	-	117.74	106.49	37.49
Tangible Book Value, 5 Yr. CAGR %	-	-	116.9	113.88	37.53
Cash From Operations, 5 Yr. CAGR %	-	160.52	27.32	49.54	123.85
Capital Expenditures, 5 Yr. CAGR %	-	213.16	288.92	152.74	58.66
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	97.48	65.59
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	95.08	60.4