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Eltek Ltd   (NASDAQ: ELTK)
Other Ticker:  
 
    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology
 
Price: $8.2300 $-0.07 -0.845%
Day's High: $8.6042 Week Perf: -3.18 %
Day's Low: $ 8.19 30 Day Perf: -3.52 %
Volume (M): 2 52 Wk High: $ 12.47
Volume (M$): $ 12 52 Wk Avg: $10.47
Open: $8.60 52 Wk Low: $7.65



 Market Capitalization (Millions $) 55
 Shares Outstanding (Millions) 7
 Employees 841
 Revenues (TTM) (Millions $) 47
 Net Income (TTM) (Millions $) 4
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Eltek Ltd
We were incorporated under the laws of the State of Israel on January 1, 1970. We are a public limited liability company under the Israeli Companies Law, and operate under that law and associated legislation. Our registered offices and principal place of business are located at 20 Ben Zion Gelis Street, Sgoola Industrial Zone, Petach Tikva 4927920, Israel and our telephone number is +972-3-9395025. Our website is www.nisteceltek.com. The information on our website is not incorporated by reference into this annual report.
We manufacture and supply technologically advanced custom made circuitry solutions for use in sophisticated and compact electronic products. We provide specialized services and are a solution provider in the PCB business, mainly in Israel, Europe, North America and Asia. PCBs are platforms that conduct an electric current among active and passive microelectronics components, microprocessors, memories, resistors and capacitors and are integral parts of the products produced by high-technology industries. Our focus is on short run quick-turnaround, prototype, pre-production and low to medium volume runs of high-end PCB products for high growth, advanced electronics applications, mainly flex-rigid PCBs.
We design and develop innovative manufacturing solutions pursuant to complex interconnect requirements of original equipment manufacturers, and provide our customers with a wide range of custom designed PCBs, including complex rigid, double-sided and multi-layer PCBs as well as flexible circuitry (flex and flex-rigid boards) made of several types of high-performance base material. To complement our quick-turnaround, prototype, pre-production and low to medium volume production capability and provide our customers with single source service, we also act as an agent for the importation of PCBs from South East Asia when customers require high volume production runs, although such activity was not significant in recent years.
PCBs are constructed from a variety of base raw materials. PCBs can be double-sided or multi-layered and made of rigid, flexible, flex-rigid or high-frequency materials. In essence, they are platforms that conduct electrical signals among active and passive microelectronics components, microprocessors, memories, resistors and capacitors. Photolithographic type processes transfer the images of the electrical circuit onto the layers, and chemical processes etch these lines on the boards. There are several broad categories of PCBs:
Rigid PCBs. Rigid PCBs are the core product of the industry and can be found in virtually every electronics device. The layer count of these products generally ranges from two to 30 layers, although some PCBs are composed of 42 layers.
Flexible and flex-rigid PCBs. Flexible boards are thin, light-weight circuits used to interconnect other circuit boards and electronic devices within electronic equipment. Flex-rigid boards are composed of rigid parts and flexible layers. They generally range from two to 30 layers. Flex-rigid boards provide solutions for electronic systems that impose space and shape restrictions and for systems in which reliability of connectivity is crucial. These products are often found in military applications (primarily avionics), medical and measurement equipment and the automotive industry, among other uses.
Backplanes. Backplanes are large, high-density circuit boards with design features such as tight tolerance finished hole sizes that require precise process controls. These products are commonly known as 'motherboards' on which connectors are mounted to receive and interconnect other PCBs and can be found primarily in telecommunications applications.


   Company Address: 20 Ben Zion Gelis Street Petach Tikva 4927920
   Company Phone Number: 9395025   Stock Exchange / Ticker: NASDAQ ELTK


Customers Net Income grew by ELTK's Customers Net Profit Margin fell to

1.85 %

14.67 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BHE        9.98% 
JBL        13.22% 
KE        13.22% 
PLXS        6.08% 
SANM        12.57% 
TTMI        12.57% 
• View Complete Report
   



Eltek Ltd

2. Eltek Ltd Achieves Record-Breaking Top-Line Growth in Fiscal Year 2023

Eltek Ltd, a leading manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards, recently released its annual report containing audited consolidated financial statements. The company's financial results for the most recent fiscal period were impressive, with revenue reaching $46.70 million, a 17.768% increase compared to the previous year. Additionally, the income per share saw a substantial rise of 94.55% to $1.07.
The bottom line for Eltek Ltd also experienced a surge, as net earnings for the fiscal year ending December 31, 2023, increased by 98.9% to $6.353 million, compared to $3.194 million for the same period a year ago. The company also highlighted its improving profit margins, with the net margin rising to 13.61% and the operating margin increasing to 15.62% for the fiscal period ending December 31, 2023.

Market Compliance

Eltek Ltd. Files Annual Report, Share Price Plummets by 9.49% in Q1 2024

Published Tue, Mar 26 2024 8:05 PM UTC


Eltek Ltd., a leading manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards, recently announced the filing of its annual report containing audited consolidated financial statements. This news has had a significant impact on shareholders, with the company s share price currently standing at $11.6 - a decrease of 9.49% duri...

Stock Offering

Eltek Ltd. Successfully Closes $10 Million Public Offering, Boosting Share Price by 115.75%

Published Thu, Feb 15 2024 9:15 PM UTC



Eltek Ltd., a leading global manufacturer and supplier of advanced printed circuit board solutions, has recently concluded its public offering, raising $10 million in funds. This significant achievement comes amidst a thriving market for Eltek, as evidenced by the company s impressive share price surge of 115.75% over the past 90 days. This article will provide an ...







Eltek Ltd's Segments
Customer A    0 % of total Revenue
Customer B    0 % of total Revenue
Israel    66 % of total Revenue
North America    8.64 % of total Revenue
Netherlands    10.69 % of total Revenue
India    10.08 % of total Revenue
Others    4.58 % of total Revenue





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