InterCure Announces First Half of 2024 Results: Revenue of NIS 126 million and Adjusted EBITDA of NIS 21 million
Intercure Ltd. (INCR)
US:NASDAQ Investor Relations:
investor.incresearch.com/investors
Company Research
Source: GlobeNewswire
Revenues during the first half of 2024 reached NIS 126 million, alongside an Adjusted EBITDA1of NIS 21 million (Approximately 17% of revenues).Both quarters (Q1 and Q2 of 2024) ended with positive EBITDAs and profit from operations and represents InterCure’s 16th and 17th consecutive quarter of profitability2.Revenues for the first half of 2024 were affected by damages caused by the terrorist attack on October 7, 2023, and the war in Gaza. InterCure is entitled to full compensation from the Israeli authorities for all direct and indirect damages caused to its Southern Facility located at Kibbutz Nir Oz. To date, InterCure has already received tens of millions of NIS as partial advance payments from the Israeli authorities.Announced Expansion of its strategic partnership with Cookies™ to Germany and expects to launch first Cookies products in Germany in the fourth quarter of 2024.Restoring the Southern Facility continues in accordance with receiving advance payments from the Israeli au
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News
- InterCure Announces First Half of 2024 Results: Revenue of NIS 126 million and Adjusted EBITDA of NIS 21 million [Financial Post (Toronto, Ontario, Canada)]Financial Post
- InterCure Announces First Half of 2024 Results: Revenue of NIS 126 million and Adjusted EBITDA of NIS 21 million [Yahoo! Finance]Yahoo! Finance
- InterCure Announces Expansion of its Strategic partnership with Cookies to Germany [Yahoo! Finance]Yahoo! Finance
- InterCure Announces Expansion of its Strategic partnership with Cookies to GermanyBusiness Wire
INCR
Sec Filings
- 11/4/24 - Form 6-K
- 10/28/24 - Form 6-K
- 9/17/24 - Form 6-K/A
- INCR's page on the SEC website