ELTK Q2 2023 Earnings — Eltek Ltd. Revenue & Financial Results | Market Cap Arena

ELTKEltek Ltd.

$61M

Q2 2023 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$11M+21.5% YoY

Gross Profit

$3M26.7% margin

Operating Income

$1M12.6% margin

Net Income

$1M11.9% margin

EPS (Diluted)

$0.22

QoQ Revenue Growth

-3.7%

Cash Flow

Operating Cash Flow

$119,000

Free Cash Flow

-$287,000

Stock-Based Comp.

$72,000

Balance Sheet

Total Assets

$41M

Total Liabilities

$18M

Stockholders' Equity

$23M

Cash & Equivalents

$8M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$11M	$9M	+21.5%
Gross Profit	$3M	$2M	+75.9%
Operating Income	$1M	$346,000	+302.9%
Net Income	$1M	$753,000	+74.4%