RL
Rafael Lazer
CEO & Chairman
Chairman
born 1978
LOADING SNAPSHOT
Fetching the books…
Almadev Real Estate Inc. owns and operates real estate properties in Canada.
Income real-estate trades on FFO yield + debt structure. Watch refinancing walls and lease expiries.
1 high-severity red flag present. Treat as no-touch unless you have a specific contrarian thesis.
| Period | Revenue | Gross profit | Operating income | Net income | Net margin |
|---|---|---|---|---|---|
| 2023-12-31 | ₪287.09M | ₪152.26M | ₪106.38M | ₪-470.00K | -0.2% |
| 2024-12-31 | ₪1.00B | ₪296.96M | ₪214.36M | ₪111.69M | 11.2% |
| 2025-12-31 | ₪435.41M | ₪176.21M | ₪123.76M | ₪-27.41M | -6.3% |
Almadev Real Estate Inc. owns and operates real estate properties in Canada. The company identifies, acquires, and upgrades properties. Its properties include multi-residential rental properties, senior housing complexes, commercial retail shopping centers, offices and residential buildings. The company also develops condominiums. The company was formerly known as EL-AD Group (Canada) Inc. Almadev Real Estate Inc. was founded in 1998 and is headquartered in Toronto, Canada. Almadev Real Estate Inc. is a subsidiary of Almadev Holdings LP.