InterCure Announces Preliminary Estimated 2025 Revenue of NIS 265 Million, Positive Adjusted EBITDA and Cash¹ of NIS 43 Million

Core Insights - InterCure reports preliminary estimated revenue of NIS 265 million for 2025, marking an 11% increase compared to 2024, with nearly 20% revenue growth in the second half of 2025 [1][5] - The company achieved its twelfth consecutive half-year of positive Adjusted EBITDA, indicating consistent financial performance [1][5] - Significant revenues were generated from the German market during the second half of 2025, highlighting successful market expansion efforts [1][4] Financial Highlights - Estimated annual revenue for 2025 is NIS 265 million, with approximately NIS 135 million generated in the second half [5] - Positive Adjusted EBITDA is expected in both halves of 2025, continuing the trend of financial stability [5] - Cash on hand as of December 31, 2025, is reported at NIS 43 million [5] Strategic Developments - The company resumed production, importation, and sales from the Nir Oz facility after disruptions due to the October 2023 attack [5] - InterCure launched over 70 new GMP SKUs in 2025, establishing category-leading positions in premium medical products [5] - A strategic acquisition of Botanico Ltd. is anticipated to enhance access to premium U.S. genetics and cultivation technologies, with expected revenues of over NIS 30 million in the second half of 2026 [5] - A partnership with Cannasoul R&D Ltd. was established, acquiring a 28% stake with an option to increase to 51%, enhancing research and pharmaceutical capabilities [5] Regulatory and Market Position - The company is closely monitoring regulatory developments in the U.S. regarding cannabis regulations, positioning itself to benefit from evolving market conditions [5] - InterCure's vertically integrated model and international partnerships are expected to drive long-term value for patients and shareholders [4][5]