Income Statement Electreon Wireless Ltd

Stocks

ELWS

IL0003680191

Heavy Electrical Equipment

Delayed TEL AVIV STOCK EXCHANGE 06:44:59 2026-09-04 EDT			5-day change	1st Jan Change
4,434.00 ^ILa	+1.95%		+1.63%	-5.70%

08-27	Electreon Wireless Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
05-28	Electreon Wireless Ltd Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

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Published financial data: ELECTREON WIRELESS LTD

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (ILS)	2022 (ILS)	2023 (ILS)	2024 (ILS)	2025 (ILS)
Revenues	-	8.65M	23.1M	31.65M	15.97M
Total Revenues	-	8.65M	23.1M	31.65M	15.97M
Cost of Goods Sold, Total	-	7.14M	19.6M	22.6M	11.04M
Gross Profit	-	1.51M	3.5M	9.05M	4.92M
Selling General & Admin Expenses, Total	24.81M	33.78M	30.88M	31.56M	32.48M
R&D Expenses	34.31M	50.51M	48.53M	56.01M	73.16M
Depreciation & Amortization - (IS)	-	-	-	-	-
Other Operating Expenses	-	268K	2.64M	-	-
Other Operating Expenses, Total	59.12M	84.56M	82.05M	87.57M	106M
Operating Income	-59.12M	-83.05M	-78.55M	-78.52M	-101M
Interest Expense, Total	-220K	-497K	-460K	-534K	-586K
Interest And Investment Income	3M	341K	993K	1.89M	895K
Net Interest Expenses	2.78M	-156K	533K	1.36M	309K
Currency Exchange Gains (Loss)	-1.21M	580K	2.22M	-7.56M	-1.12M
Other Non Operating Income (Expenses)	2K	42K	-40K	-400K	-96K
EBT, Excl. Unusual Items	-57.55M	-82.58M	-75.83M	-85.12M	-102M
Merger & Related Restructuring Charges	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-	-	-	-	-
EBT, Incl. Unusual Items	-57.55M	-82.58M	-75.83M	-85.12M	-102M
Income Tax Expense	-	-	-	-	-
Earnings From Continuing Operations	-57.55M	-82.58M	-75.83M	-85.12M	-102M
Net Income to Company	-57.55M	-82.58M	-75.83M	-85.12M	-102M
Net Income - (IS)	-57.55M	-82.58M	-75.83M	-85.12M	-102M
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	-57.55M	-82.58M	-75.83M	-85.12M	-102M
Net Income to Common Excl. Extra Items	-57.55M	-82.58M	-75.83M	-85.12M	-102M
Per Share Items
Net EPS - Basic	-5.99	-8.35	-6.76	-6.8	-7.54
Basic EPS - Continuing Operations	-5.99	-8.35	-6.76	-6.8	-7.54
Basic Weighted Average Shares Outstanding	9.6M	9.89M	11.22M	12.52M	13.47M
Net EPS - Diluted	-5.99	-8.35	-6.76	-6.8	-7.82
Diluted EPS - Continuing Operations	-5.99	-8.35	-6.76	-6.8	-7.82
Diluted Weighted Average Shares Outstanding	9.6M	9.89M	11.22M	12.52M	13.47M
Normalized Basic EPS	-3.75	-5.22	-4.23	-4.25	-4.72
Normalized Diluted EPS	-3.75	-5.22	-4.23	-4.25	-4.72
Supplemental Items
EBITDA	-57.77M	-81.28M	-76.23M	-75.84M	-97.89M
EBITA	-59.12M	-83.05M	-78.55M	-78.52M	-101M
EBIT	-59.12M	-83.05M	-78.55M	-78.52M	-101M
Effective Tax Rate - (Ratio)	-	-	-	-	-
Normalized Net Income	-35.97M	-51.61M	-47.4M	-53.2M	-63.52M
Interest on Long-Term Debt	64K	62K	30K	292K	365K
Supplemental Operating Expense Items
Marketing Expenses	10.3M	12.84M	16.2M	16.15M	17.72M
Selling and Marketing Expenses	14.55M	21.41M	20.22M	18.9M	19.53M
General and Administrative Expenses	10.26M	12.37M	10.65M	12.66M	12.96M
Research And Development Expense From Footnotes	43.62M	58.01M	53.71M	58.84M	78.66M
Maintenance & Repair Expenses, Total	-	-	-	-	-
Stock-Based Comp., R&D Exp. (Total)	8.25M	4.76M	2.96M	4.33M	3.96M
Stock-Based Comp., S&M Exp. (Total)	4.24M	8.57M	4.02M	2.76M	1.81M
Stock-Based Comp., G&A Exp. (Total)	1.52M	1.08M	478K	1.03M	519K
Stock-Based Comp., Other (Total)	-	-	1K	-	-
Total Stock-Based Compensation	14.02M	14.42M	7.46M	8.12M	6.29M

Fiscal Period: December	2021 (ILS)	2022 (ILS)	2023 (ILS)	2024 (ILS)	2025 (ILS)
Assets
Cash And Equivalents	124M	67.6M	53.83M	90.39M	22.54M
Short Term Investments	300K	-	-	1.79M	339K
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	125M	67.6M	53.83M	92.18M	22.88M
Accounts Receivable, Total	7.55M	6.96M	8.19M	27.48M	32.32M
Other Receivables	2.81M	2.29M	847K	1.9M	1.15M
Total Receivables	10.36M	9.25M	9.03M	29.39M	33.48M
Prepaid Expenses	-	-	-	-	-
Other Current Assets, Total	5.07M	22.07M	23.57M	6.08M	8.12M
Total Current Assets	140M	98.93M	86.43M	128M	64.48M
Gross Property Plant And Equipment	13.44M	16.28M	16.77M	28.47M	30.31M
Accumulated Depreciation	-3.47M	-6.03M	-6.64M	-13.22M	-17.23M
Net Property Plant And Equipment	9.98M	10.25M	10.14M	15.25M	13.08M
Loans Receivable Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	29.21M	37.3M	32.6M	50.16M	52.24M
Total Assets	179M	146M	129M	193M	130M
Liabilities
Accounts Payable, Total	2.99M	7.59M	3.92M	3.72M	3.6M
Accrued Expenses, Total	8.03M	9.7M	10.14M	11.54M	10.58M
Short-term Borrowings	-	-	-	-	-
Current Portion of Leases	590K	1.01M	320K	1.02M	1.14M
Current Income Taxes Payable	191K	713K	469K	828K	-
Unearned Revenue Current, Total	-	602K	1.56M	413K	139K
Other Current Liabilities	196K	909K	205K	590K	471K
Total Current Liabilities	11.99M	20.54M	16.61M	18.1M	15.93M
Long-Term Leases	816K	307K	-	3.58M	3.1M
Other Non Current Liabilities	-	-	1.78M	6.08M	5.94M
Total Liabilities	12.8M	20.84M	18.38M	27.76M	24.97M
Common Stock, Total	-	372M	434M	571M	615M
Additional Paid In Capital	329M	-	-	-	-
Retained Earnings	-164M	-246M	-322M	-407M	-513M
Treasury Stock	-	-	-	-	-
Comprehensive Income and Other	828K	344K	-1.21M	1.21M	2.05M
Total Common Equity	167M	126M	111M	165M	105M
Total Equity	167M	126M	111M	165M	105M
Total Liabilities And Equity	179M	146M	129M	193M	130M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	9.74M	9.82M	9.82M	12.7M	13.98M
ECS Total Common Shares Outstanding	9.74M	9.82M	9.82M	12.7M	13.98M
Book Value / Share	17.1	12.79	11.28	13.02	7.5
Tangible Book Value	167M	126M	111M	165M	105M
Tangible Book Value Per Share	17.1	12.79	11.28	13.02	7.5
Total Debt	1.41M	1.32M	320K	4.6M	4.24M
Net Debt	-123M	-66.28M	-53.51M	-87.58M	-18.64M
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	5.44M	6.76M	9.81M	12.36M	13.07M
Full Time Employees	80	94	119	153	109

Fiscal Period: December	2021 (ILS)	2022 (ILS)	2023 (ILS)	2024 (ILS)	2025 (ILS)
Net Income	-57.55M	-82.58M	-75.83M	-85.12M	-102M
Depreciation & Amortization - CF	1.78M	2.79M	3.39M	3.8M	4.01M
Depreciation & Amortization, Total	1.78M	2.79M	3.39M	3.8M	4.01M
(Gain) Loss From Sale Of Asset	-	275K	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Stock-Based Compensation (CF)	17.6M	14.42M	7.46M	8.12M	6.29M
Other Operating Activities, Total	-2.92M	-233K	-887K	542K	549K
Change In Accounts Receivable	-	-19.08M	4.04M	-8.15M	7.35M
Change In Accounts Payable	-673K	8.15M	-1.56M	5.35M	-2.36M
Change in Other Net Operating Assets	-14.03M	-	-	-14.66M	-4.05M
Cash from Operations	-55.81M	-76.26M	-63.39M	-90.12M	-89.84M
Capital Expenditure	-3.06M	-2.58M	-3.38M	-3.55M	-1.09M
Sale of Property, Plant, and Equipment	-	141K	-	-	-
Investment in Marketable and Equity Securities, Total	135M	-	-	-	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	2.98M	-4.81M	712K	1.89M	2.7M
Cash from Investing	135M	-7.24M	-2.66M	-1.67M	1.61M
Short Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Long-Term Debt Repaid, Total	-405K	-953K	-1.04M	-1M	-1.06M
Total Debt Repaid	-405K	-953K	-1.04M	-1M	-1.06M
Issuance of Common Stock	9.55M	28.11M	55.07M	129M	21.75M
Other Financing Activities, Total	-63K	-61K	-29K	-292K	-365K
Cash from Financing	9.08M	27.09M	54M	128M	20.32M
Foreign Exchange Rate Adjustments	1.08M	-402K	-1.71M	534K	49K
Net Change in Cash	89.28M	-56.81M	-13.77M	36.56M	-67.85M
Supplemental Items
Cash Interest Paid	63K	61K	29K	292K	365K
Levered Free Cash Flow	-36.09M	-45.06M	-46.41M	-43.42M	-62.52M
Unlevered Free Cash Flow	-35.96M	-44.75M	-46.12M	-43.09M	-62.16M
Change In Net Working Capital	11.74M	7.47M	4.51M	2.38M	8.42M
Net Debt Issued / Repaid	-405K	-953K	-1.04M	-1M	-1.06M

Fiscal Period: December	2021 (ILS)	2022 (ILS)	2023 (ILS)	2024 (ILS)	2025 (ILS)
Profitability
Return on Assets	-20.42	-31.86	-35.62	-30.46	-39
Return on Total Capital	-21.82	-35.2	-41.25	-34.93	-45.13
Return On Equity %	-34.19	-56.53	-64.15	-61.67	-75.25
Return on Common Equity	-34.19	-56.53	-64.15	-61.67	-75.25
Margin Analysis
Gross Profit Margin %	-	17.46	15.15	28.58	30.84
SG&A Margin	-	390.5	133.68	99.72	203.43
EBITDA Margin %	-	-939.64	-330.05	-239.64	-613.03
EBITA Margin %	-	-960.09	-340.09	-248.12	-630.74
EBIT Margin %	-	-960.09	-340.09	-248.12	-630.74
Income From Continuing Operations Margin %	-	-954.71	-328.32	-268.97	-636.45
Net Income Margin %	-	-954.71	-328.32	-268.97	-636.45
Net Avail. For Common Margin %	-	-954.71	-328.32	-268.97	-636.45
Normalized Net Income Margin	-	-596.69	-205.2	-168.1	-397.78
Levered Free Cash Flow Margin	-	-520.98	-200.93	-137.2	-391.55
Unlevered Free Cash Flow Margin	-	-517.39	-199.69	-136.14	-389.25
Asset Turnover
Asset Turnover	-	0.05	0.17	0.2	0.1
Fixed Assets Turnover	-	0.86	2.27	2.46	1.13
Receivables Turnover (Average Receivables)	-	1.19	3.05	1.77	0.53
Short Term Liquidity
Current Ratio	11.69	4.82	5.2	7.05	4.05
Quick Ratio	11.27	3.74	3.79	6.72	3.54
Operating Cash Flow to Current Liabilities	-4.65	-3.71	-3.82	-4.98	-5.64
Days Sales Outstanding (Average Receivables)	-	306.09	119.68	206.26	683.57
Average Days Payable Outstanding	-	270.43	107.17	61.79	120.97
Long Term Solvency
Total Debt/Equity	0.84	1.05	0.29	2.78	4.04
Total Debt / Total Capital	0.84	1.04	0.29	2.71	3.88
LT Debt/Equity	0.49	0.24	-	2.16	2.96
Long-Term Debt / Total Capital	0.49	0.24	-	2.11	2.84
Total Liabilities / Total Assets	7.14	14.23	14.23	14.38	19.24
EBIT / Interest Expense	-268.73	-167.1	-170.76	-147.05	-171.87
EBITDA / Interest Expense	-260.66	-161.49	-163.39	-139.93	-165.03
(EBITDA - Capex) / Interest Expense	-274.58	-166.68	-170.73	-146.59	-166.88
Total Debt / EBITDA	-0.02	-0.02	-0	-0.06	-0.04
Net Debt / EBITDA	2.15	0.83	0.71	1.17	0.19
Total Debt / (EBITDA - Capex)	-0.02	-0.02	-0	-0.06	-0.04
Net Debt / (EBITDA - Capex)	2.04	0.8	0.68	1.12	0.19
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	-	167.02	37.02	-49.54
Gross Profit, 1 Yr. Growth %	-	-	131.72	158.53	-45.56
EBITDA, 1 Yr. Growth %	158.61	40.7	-6.21	-0.51	29.07
EBITA, 1 Yr. Growth %	156.36	40.47	-5.42	-0.03	28.26
EBIT, 1 Yr. Growth %	156.36	40.47	-5.42	-0.03	28.26
Earnings From Cont. Operations, 1 Yr. Growth %	147.78	43.51	-8.17	12.25	19.39
Net Income, 1 Yr. Growth %	147.78	43.51	-8.17	12.25	19.39
Normalized Net Income, 1 Yr. Growth %	147.78	43.51	-8.17	12.25	19.39
Diluted EPS Before Extra, 1 Yr. Growth %	130.45	39.3	-19.02	0.59	15.02
Accounts Receivable, 1 Yr. Growth %	-	-7.79	17.61	235.76	17.61
Net Property, Plant and Equip., 1 Yr. Growth %	34.49	2.77	-1.13	46.07	-14.22
Total Assets, 1 Yr. Growth %	-1.74	-18.32	-11.82	49.47	-32.77
Tangible Book Value, 1 Yr. Growth %	-2.08	-24.56	-11.82	49.21	-36.58
Common Equity, 1 Yr. Growth %	-2.08	-24.56	-11.82	49.21	-36.58
Cash From Operations, 1 Yr. Growth %	223.06	36.66	-16.88	42.17	-0.31
Capital Expenditures, 1 Yr. Growth %	-1.73	-15.9	31.06	5.24	-69.43
Levered Free Cash Flow, 1 Yr. Growth %	230.13	23.82	2.98	-5.82	43.99
Unlevered Free Cash Flow, 1 Yr. Growth %	232.41	23.44	3.06	-5.96	44.26
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	-	91.28	-16.85
Gross Profit, 2 Yr. CAGR %	-	-	-	144.76	18.64
EBITDA, 2 Yr. CAGR %	116.66	90.75	14.87	-3.4	13.32
EBITA, 2 Yr. CAGR %	115.1	89.77	15.27	-2.76	13.23
EBIT, 2 Yr. CAGR %	115.1	89.77	15.27	-2.76	13.23
Earnings From Cont. Operations, 2 Yr. CAGR %	109.86	88.57	14.79	1.53	15.77
Net Income, 2 Yr. CAGR %	109.86	88.57	14.79	1.53	15.77
Normalized Net Income, 2 Yr. CAGR %	110.12	88.57	14.79	1.53	15.77
Diluted EPS Before Extra, 2 Yr. CAGR %	93.62	79.17	6.19	-9.75	7.55
Accounts Receivable, 2 Yr. CAGR %	-	-	4.14	98.72	98.72
Net Property, Plant and Equip., 2 Yr. CAGR %	40.11	17.56	0.8	21.97	11.94
Total Assets, 2 Yr. CAGR %	200.81	-10.41	-15.13	14.8	0.25
Tangible Book Value, 2 Yr. CAGR %	314.53	-14.05	-18.44	14.7	-2.72
Common Equity, 2 Yr. CAGR %	314.53	-14.05	-18.44	14.7	-2.72
Cash From Operations, 2 Yr. CAGR %	1.65K	110.12	6.58	8.71	19.05
Capital Expenditures, 2 Yr. CAGR %	30.45	-9.09	4.99	17.44	-43.28
Levered Free Cash Flow, 2 Yr. CAGR %	256.24	103.02	12.92	-1.84	16.45
Unlevered Free Cash Flow, 2 Yr. CAGR %	251.41	103.4	12.79	-1.88	16.47
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	-	22.67
Gross Profit, 3 Yr. CAGR %	-	-	-	-	48.3
EBITDA, 3 Yr. CAGR %	55.46	87.62	50.56	9.5	6.39
EBITA, 3 Yr. CAGR %	56.13	86.62	50.46	9.92	6.64
EBIT, 3 Yr. CAGR %	56.13	86.62	50.46	9.92	6.64
Earnings From Cont. Operations, 3 Yr. CAGR %	-5.07	84.89	48.35	13.94	7.16
Net Income, 3 Yr. CAGR %	-5.07	84.89	48.35	13.94	7.16
Normalized Net Income, 3 Yr. CAGR %	54.84	85.04	48.35	13.94	7.16
Diluted EPS Before Extra, 3 Yr. CAGR %	-13.74	73.49	37.49	4.29	-2.16
Accounts Receivable, 3 Yr. CAGR %	-	-	-	53.85	66.84
Net Property, Plant and Equip., 3 Yr. CAGR %	45.21	26.36	10.97	15.2	8.47
Total Assets, 3 Yr. CAGR %	132.63	94.79	-10.88	2.49	-3.95
Tangible Book Value, 3 Yr. CAGR %	135.14	134.92	-13.32	-0.25	-5.86
Common Equity, 3 Yr. CAGR %	135.14	134.92	-13.32	-0.25	-5.86
Cash From Operations, 3 Yr. CAGR %	184.91	648.31	54.24	17.32	5.61
Capital Expenditures, 3 Yr. CAGR %	-2.32	12.69	2.7	5.07	-25.02
Levered Free Cash Flow, 3 Yr. CAGR %	162.29	151.16	61.91	6.06	11.53
Unlevered Free Cash Flow, 3 Yr. CAGR %	161.96	148.63	62.16	5.92	11.57
Compound Annual Growth Rate Over Five Years
Gross Profit, 5 Yr. CAGR %	-	-	-	-	-
EBITDA, 5 Yr. CAGR %	143.06	119.95	37.74	43.87	34.38
EBITA, 5 Yr. CAGR %	142.36	120.04	38.28	43.78	34.29
EBIT, 5 Yr. CAGR %	142.36	120.04	38.28	43.78	34.29
Earnings From Cont. Operations, 5 Yr. CAGR %	140.05	122.45	2.42	45.47	34.34
Net Income, 5 Yr. CAGR %	140.05	122.45	2.42	45.47	34.34
Normalized Net Income, 5 Yr. CAGR %	140.05	122.45	37.37	45.54	34.34
Diluted EPS Before Extra, 5 Yr. CAGR %	102.23	87.28	-6.26	33.58	24.63
Net Property, Plant and Equip., 5 Yr. CAGR %	-	139.17	25.48	24.58	12.02
Total Assets, 5 Yr. CAGR %	91.76	195.15	55.42	57.66	-6.59
Tangible Book Value, 5 Yr. CAGR %	90.14	157.4	53.95	76.35	-9.22
Common Equity, 5 Yr. CAGR %	90.14	157.4	53.95	76.35	-9.22
Cash From Operations, 5 Yr. CAGR %	194.48	168.35	92.26	245.9	39.06
Capital Expenditures, 5 Yr. CAGR %	119.58	154.77	0.54	14.57	-19.01
Levered Free Cash Flow, 5 Yr. CAGR %	118.83	148.94	87.54	72.48	41.73
Unlevered Free Cash Flow, 5 Yr. CAGR %	119.24	148.93	87.31	71.41	41.86