Company Elspec Engineering Ltd

Equities

ELSPC

IL0010903644

Heavy Electrical Equipment

Market Closed - TEL AVIV STOCK EXCHANGE 10:24:59 2024-05-15 EDT 5-day change 1st Jan Change
507 ILa -1.76% Intraday chart for Elspec Engineering Ltd -6.23% -11.67%

Business Summary

Elspec Engineering Ltd (Elspec) is an Israel-based company active in the electrical industry sector. It is a provider of electrical power quality analyzers, real time power factor correction systems and energy saving solutions. The Company is engaged in the implementation of power quality analysis and power quality factor correction technologies as well as power quality solutions for the industrial, commercial and utility sectors worldwide. Power quality analysis technology optimizes power quality data analysis using patented data compression technology PQZip (Power Quality Zip), which enables continuous gap-less recording of all electrical parameters-related data for a significant time duration without the need of event thresholds of any kind. Elspec’s systems switch capacitor groups on and off using electronic switches; the connection and disconnection of capacitors occurs precisely at zero-current crossing so avoids transient effects.

Number of employees: 147

Sales per Business

ILS in Million2021Weight2022Weight Delta
Systems for Improving the Quality of Electricity
53.9 %
36 55.5 % 39 53.9 % +7.82%
Electricity Quality Measurement and Analysis System
46.1 %
29 44.5 % 33 46.1 % +15.29%

Sales per region

ILS in Million2021Weight2022Weight Delta
America
42.2 %
28 43.9 % 30 42.2 % +6.93%
Europe
32.2 %
21 32.7 % 23 32.2 % +9.57%
Asia
12.0 %
6 9.4 % 9 12.0 % +40.89%
Other
9.1 %
7 10.4 % 6 9.1 % -3.34%
Israel
4.6 %
2 3.6 % 3 4.6 % +40.56%

Managers

Managers TitleAgeSince
Chief Executive Officer 71 87-12-31
Director of Finance/CFO 66 03-12-31
Chief Tech/Sci/R&D Officer 37 18-04-09
Comptroller/Controller/Auditor 42 22-06-11
Corporate Officer/Principal 41 19-03-31

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 71 87-12-31
Director/Board Member 53 21-06-02
Chairman 74 03-12-31
Director/Board Member 47 07-12-31
Director/Board Member 39 19-10-11

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 19,463,746 8,767,011 ( 45.04 %) 40,411 ( 0.2076 %) 45.04 %

Shareholders

NameEquities%Valuation
Ramco Mutual Funds Management (1989) Ltd.
1.032 %
200,391 1.032 % 318 804 ILa
Ayalon Mutual Funds Ltd.
0.0533 %
10,354 0.0533 % 16 472 ILa
Migdal Mutual Funds Ltd.
0.0319 %
6,204 0.0319 % 9 870 ILa
KSM Mutual Funds Ltd.
0.0155 %
3,019 0.0155 % 4 803 ILa

Company contact information

Elspec Engineering Ltd.

Caesarea Industrial Park 4 Hashoham Street

38900, Caesarea

+

http://www.elspec-ltd.com
address Elspec Engineering Ltd(ELSPC)
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