Ari Real Estate (Arena) Investment Ltd.

Ari Real Estate (Arena) Investment Ltd.

TTASE:ARIN
520.90
ILA
-12.80
(-2.40%)
44.66EPS
14.05P/E
223.68BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.01
0.76
0.71
0.81
0.62
0.67
0.53
0.41
0.46
0.35
0.32
0.34
0.35
0.33
Basic EPS, GAAP
-0.78
-0.9
-1.56
-0.51
0.24
-0.24
0.34
0.09
1.37
-0.04
0.11
0.37
0.46
0.43
Free Cash Flow per Basic Share
0.19
0.23
0.31
0.36
0.28
0.3
0.29
0.18
0.06
0.18
0.14
0.15
0.2
-0.19
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.04
0.04
0.03
Book Value per Share
- -
1.91
0.37
-0.1
0.21
0.05
0.48
0.71
2.22
2.49
2.58
2.92
3.34
3.33
Tangible Book Value per Share
- -
1.91
0.37
-0.1
0.21
0.05
0.48
0.71
2.22
2.49
2.58
2.92
3.34
3.33
Basic Weighted Avg Shares
106
129
142
142
142
142
142
142
144
245
316
320
326
379
Sales/Revenue/Turnover
107
99
102
116
88
95
75
58
66
85
101
109
113
125
Operating Margin (%)
29.49
39.84
34.83
29.71
47.1
42.22
54.56
57.8
55.44
59.81
61.71
60.15
57.71
57.87
Depreciation Expense
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-83
-116
-221
-72
35
-33
49
13
198
-11
34
118
148
165
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
16.8
- -
19.9
174.78
34.87
1.33
21.46
21.02
Profit Margin (%)
-77.78
-117.93
-217.66
-62.55
39.31
-35.29
65.02
22.84
298.94
-12.74
33.44
108.3
131.4
131.86
Working Capital
- -
-567
-515
-737
-675
-648
-486
-193
7
4
-68
-265
-421
-1,297
LT Debt
- -
455
567
32
29
84
194
437
486
671
674
869
992
360
Total Equity
- -
270
31
-43
-1
-22
41
74
451
766
794
917
1,177
1,199
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
5.33
- -
24.52
-4.27
3.4
7.65
8.67
9.11
Return on Capital (%)
- -
- -
- -
- -
- -
- -
7.34
- -
24.99
-4.98
4
9.07
7.65
8.04
Return on Common Equity (%)
- -
- -
-136.13
- -
- -
-181.8
129.77
15.83
68.77
-1.71
4.21
13.37
13.86
15.2

Capital Structure

ILS

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
547
602
1,367
LT Borrowings
992
1,092
360
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
359
362
367
Market Capitalization
1,431
1,831
2,237

Working Capital

ILS

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
303
220
137
Cash, Cash Equivalents & STI
221
120
103
Accounts Receivable, Net
7
12
15
Inventories
- -
- -
- -
Total Current Liabilities
724
717
1,435
Payables & Accruals
- -
- -
- -
ST Debt
547
602
1,367
Deferred Revenue
- -
- -
- -

Growth Rates

ILS

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
409.15%
124.83%
28.36%
Free Cash Flow
35%
78.06%
35.22%
Net Income, GAAP
41.43%
228.85%
25.99%
Sales/Revenue/Turnover
2.7%
14.49%
3.84%
Total Cash Common Dividend
- -
- -
8.78%

Quarterly Revenue

ILS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
25
27
30
27
109
2025
27
27
30
29
113
2026
29
37
- -
- -
- -

Quarterly Earnings Per Share

ILS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
0.01
-0.01
0.3
0.37
2025
0.02
0.01
- -
0.42
0.46
2026
0.03
0.05
- -
- -
- -

Quarterly Dividends Per Share

ILS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.04
- -
- -
0.04
2025
- -
0.04
- -
- -
0.04
2026
- -
0.03
- -
- -
- -

Company Description

CEO
Zachi Abou
Full Time Employees
29
Sector
Finance
Industry
Real estate development
Address
Star Center complex Ashdod HD Israel 67062
IPO Date
Dec 1, 1992
Business
Ari Real Estate (Arena) Investment Ltd engages in income-producing real estate, focusing on the ownership, rental, management, and maintenance of shopping malls and commercial centers in Israel and internationally. The company operates through two primary segments: Shopping Centers in Israel, which involves initiating, establishing, purchasing, renting, managing, and maintaining malls and shopping centers; and Trade Centers Abroad, which includes the rental, management, and maintenance of a mall in Cyprus. Ari Real Estate generates revenue primarily from leasing activities, with 2024 sales of 109 million ILS from Israeli trade centers and 53.4 million ILS from overseas operations, targeting retail tenants and commercial operators. Founded on November 12, 1992 and headquartered at 45 Jabotinsky Street in Ashdod, Israel, the company is a subsidiary of Abu Yechiel Ltd since February 2021. It changed its name from Arena Star Group Ltd to Ari Real Estate (Arena) Investment Ltd in March 2022, reflecting a strategic rebranding to emphasize its real estate investment focus.