Income Statement Ethernity Networks Ltd.

Stocks

ENET

IL0011410359

Communications & Networking

Delayed London S.E. 05:28:41 2026-09-07 EDT			5-day change	1st Jan Change
0.001000 ^GBX	-16.67%		-16.67%	-80.00%

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Published financial data: ETHERNITY NETWORKS LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020 (USD)	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)
Revenues	1.85M	2.64M	2.94M	3.78M	1.38M
Total Revenues	1.85M	2.64M	2.94M	3.78M	1.38M
Cost of Goods Sold, Total	271K	691K	1.34M	1.44M	109K
Gross Profit	1.58M	1.94M	1.6M	2.34M	1.27M
Selling General & Admin Expenses, Total	2.67M	2.77M	3.69M	2.46M	2.62M
R&D Expenses	4.04M	5.55M	6.62M	5.16M	3.74M
Other Operating Expenses	-40.34K	-45.31K	-15.04K	-2.8K	-240
Other Operating Expenses, Total	6.67M	8.27M	10.3M	7.62M	6.36M
Operating Income	-5.09M	-6.33M	-8.7M	-5.28M	-5.09M
Interest Expense, Total	-15.63K	-30.2K	-227K	-200K	-98.1K
Interest And Investment Income	63.06K	8.97K	1.51K	226	1.61K
Net Interest Expenses	47.42K	-21.22K	-226K	-200K	-96.48K
Currency Exchange Gains (Loss)	130K	60.99K	51.15K	53.88K	13.12K
Other Non Operating Income (Expenses)	-1.34M	-2.89M	869K	-938K	-660K
EBT, Excl. Unusual Items	-6.25M	-9.17M	-8M	-6.36M	-5.83M
Gain (Loss) On Sale Of Investments	-	-	-	-	-
EBT, Incl. Unusual Items	-6.25M	-9.17M	-8M	-6.36M	-5.83M
Income Tax Expense	-	187K	-	-	-
Earnings From Continuing Operations	-6.25M	-9.36M	-8M	-6.36M	-5.83M
Net Income to Company	-6.25M	-9.36M	-8M	-6.36M	-5.83M
Net Income - (IS)	-6.25M	-9.36M	-8M	-6.36M	-5.83M
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	-6.25M	-9.36M	-8M	-6.36M	-5.83M
Net Income to Common Excl. Extra Items	-6.25M	-9.36M	-8M	-6.36M	-5.83M
Per Share Items
Net EPS - Basic	-0.17	-0.14	-0.11	-0.04	-0.01
Basic EPS - Continuing Operations	-0.17	-0.14	-0.11	-0.04	-0.01
Basic Weighted Average Shares Outstanding	36.59M	67.49M	76.01M	144M	551M
Net EPS - Diluted	-0.17	-0.14	-0.11	-0.04	-0.01
Diluted EPS - Continuing Operations	-0.17	-0.14	-0.11	-0.04	-0.01
Diluted Weighted Average Shares Outstanding	36.59M	67.49M	76.01M	144M	551M
Normalized Basic EPS	-0.11	-0.08	-0.07	-0.03	-0.01
Normalized Diluted EPS	-0.11	-0.08	-0.07	-0.03	-0.01
Supplemental Items
EBITDA	-3.98M	-5.28M	-7.63M	-4.18M	-3.81M
EBITA	-4.14M	-5.37M	-7.74M	-4.32M	-4.13M
EBIT	-5.09M	-6.33M	-8.7M	-5.28M	-5.09M
Effective Tax Rate - (Ratio)	-	-2.04	-	-	-
Total Deferred Taxes	-	187K	-	-	-
Normalized Net Income	-3.91M	-5.73M	-5M	-3.98M	-3.65M
Interest on Long-Term Debt	15.63K	30.2K	227K	200K	98.1K
Supplemental Operating Expense Items
Marketing Expenses	1.08M	1.03M	1.16M	625K	535K
Selling and Marketing Expenses	1.08M	1.04M	1.17M	621K	535K
General and Administrative Expenses	1.59M	1.72M	2.52M	1.84M	2.09M
Research And Development Expense From Footnotes	4.04M	5.55M	6.62M	5.16M	3.74M
Stock-Based Comp., R&D Exp. (Total)	6.78K	54.96K	160K	58.76K	209K
Stock-Based Comp., S&M Exp. (Total)	258	11.87K	9.6K	-4.18K	-
Stock-Based Comp., G&A Exp. (Total)	11.17K	10.75K	51.63K	17.71K	4.05K
Stock-Based Comp., Other (Total)	40.02K	197K	20.16K	258K	25.75K
Total Stock-Based Compensation	58.23K	274K	242K	330K	238K

Fiscal Period: December	2020 (USD)	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)
Assets
Cash And Equivalents	2.18M	7.06M	716K	1.99M	50.71K
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	2.18M	7.06M	716K	1.99M	50.71K
Accounts Receivable, Total	778K	1.55M	1.3M	186K	385K
Other Receivables	302K	-	-	-	-
Total Receivables	1.08M	1.55M	1.3M	186K	385K
Inventory	173K	285K	773K	536K	218K
Prepaid Expenses	171K	167K	204K	377K	54.08K
Other Current Assets, Total	154K	73.67K	140K	50.46K	78.75K
Total Current Assets	3.76M	9.13M	3.13M	3.14M	787K
Gross Property Plant And Equipment	1.54M	4.36M	4.52M	3.35M	3.45M
Accumulated Depreciation	-699K	-545K	-897K	-1.35M	-2M
Net Property Plant And Equipment	844K	3.82M	3.63M	2M	1.45M
Other Intangibles, Total	7.39M	6.42M	5.46M	4.5M	3.54M
Deferred Tax Assets Long-Term	187K	-	-	-	-
Other Long-Term Assets, Total	7.51K	38.96K	35.69K	35.14K	111K
Total Assets	12.18M	19.41M	12.26M	9.68M	5.88M
Liabilities
Accounts Payable, Total	290K	652K	786K	1.24M	1.36M
Accrued Expenses, Total	703K	729K	783K	728K	809K
Short-term Borrowings	412K	423K	429K	96.31K	-
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	161K	170K	207K	342K	377K
Unearned Revenue Current, Total	28.5K	72.67K	20.34K	250K	39.72K
Other Current Liabilities	1.51M	1.34M	1.95M	290K	122K
Total Current Liabilities	3.11M	3.39M	4.17M	2.94M	2.71M
Long-Term Debt	-	-	-	-	-
Long-Term Leases	146K	3.07M	2.51M	764K	-
Other Non Current Liabilities	-	-	-	50.64K	431K
Total Liabilities	3.25M	6.46M	6.68M	3.76M	3.14M
Preferred Stock Convertible	-	-	-	-	-
Total Preferred Equity	-	-	-	-	-
Common Stock, Total	12.5K	21.14K	21.9K	103K	271K
Additional Paid In Capital	26.85M	40.38M	40.79M	47.3M	49.26M
Retained Earnings	-19.09M	-28.45M	-36.46M	-42.82M	-48.65M
Comprehensive Income and Other	1.16M	1M	1.23M	1.33M	1.87M
Total Common Equity	8.93M	12.96M	5.58M	5.92M	2.74M
Total Equity	8.93M	12.96M	5.58M	5.92M	2.74M
Total Liabilities And Equity	12.18M	19.41M	12.26M	9.68M	5.88M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	47.47M	75.35M	78.08M	377M	1B
ECS Total Common Shares Outstanding	47.47M	75.35M	78.08M	377M	1B
Book Value / Share	0.19	0.17	0.07	0.02	0
Tangible Book Value	1.55M	6.53M	116K	1.42M	-796K
Tangible Book Value Per Share	0.03	0.09	0	0	-0
Total Debt	719K	3.66M	3.14M	1.2M	377K
Net Debt	-1.46M	-3.4M	2.43M	-791K	327K
Account Code - Inventory Valuation	3	5	5	5	5
Inventories - Raw Materials, Total	-	-	613K	332K	218K
Inventories - Finished Goods, Total	-	-	160K	204K	-
Machinery, Total	912K	1.1M	1.35M	1.5M	1.6M
Full Time Employees	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	150K	230K	579K	699K	680K

Fiscal Period: December	2020 (USD)	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)
Net Income	-6.25M	-9.36M	-8M	-6.36M	-5.83M
Depreciation & Amortization - CF	312K	260K	448K	454K	650K
Amortization of Goodwill and Intangible Assets - (CF)	953K	961K	961K	961K	961K
Depreciation & Amortization, Total	1.26M	1.22M	1.41M	1.42M	1.61M
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	5.28K	70	-	-	160
Stock-Based Compensation (CF)	58.23K	274K	242K	330K	238K
Other Operating Activities, Total	1.48M	2.94M	-999K	909K	676K
Change In Accounts Receivable	-351K	-768K	247K	1.11M	-199K
Change In Inventories	-6.59K	-111K	-488K	237K	318K
Change In Accounts Payable	-35.06K	362K	134K	452K	124K
Change in Other Net Operating Assets	243K	57.17K	-112K	413K	-92.56K
Cash from Operations	-3.59M	-5.39M	-7.57M	-1.5M	-3.16M
Capital Expenditure	-188K	-194K	-259K	-148K	-101K
Sale of Property, Plant, and Equipment	-	-	-	-	-
Sale (Purchase) of Intangible assets	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	2.55M	-28.62K	-	-	-
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	2.37M	-223K	-259K	-148K	-101K
Short Term Debt Issued, Total	637K	900K	528K	1.24M	41.06K
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	637K	900K	528K	1.24M	41.06K
Short Term Debt Repaid, Total	-1.24M	-888K	-493K	-1.54M	-137K
Long-Term Debt Repaid, Total	-152K	-136K	-159K	-398K	-433K
Total Debt Repaid	-1.39M	-1.02M	-652K	-1.94M	-570K
Issuance of Common Stock	3.11M	9.56M	2M	3.76M	1.03M
Other Financing Activities, Total	82.25K	1.08M	-9.95K	-130K	830K
Cash from Financing	2.44M	10.52M	1.87M	2.92M	1.33M
Foreign Exchange Rate Adjustments	-145K	-30.21K	-381K	-3.38K	-14.13K
Net Change in Cash	1.06M	4.88M	-6.35M	1.28M	-1.94M
Supplemental Items
Cash Interest Paid	9.76K	13.47K	13.32K	64.24K	4.66K
Levered Free Cash Flow	-1.44M	-2.91M	-3.79M	-1.59M	-1.25M
Unlevered Free Cash Flow	-1.43M	-2.89M	-3.64M	-1.47M	-1.19M
Change In Net Working Capital	-613K	233K	-398K	-235K	-240K
Net Debt Issued / Repaid	-753K	-124K	-124K	-702K	-529K

Fiscal Period: December	2020 (USD)	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)
Profitability
Return on Assets	-24.08	-25.03	-34.33	-30.09	-40.88
Return on Total Capital	-28.17	-30.11	-42.9	-41.67	-67.13
Return On Equity %	-61.34	-85.54	-86.36	-110.73	-134.68
Return on Common Equity	-61.34	-85.54	-86.36	-110.73	-134.68
Margin Analysis
Gross Profit Margin %	85.36	73.8	54.41	61.94	92.14
SG&A Margin	144.23	104.98	125.67	65.19	189.44
EBITDA Margin %	-214.72	-200.34	-259.65	-110.67	-275.56
EBITA Margin %	-223.13	-203.61	-263.34	-114.33	-298.37
EBIT Margin %	-274.52	-240.09	-296.07	-139.78	-367.85
Income From Continuing Operations Margin %	-337.35	-355.17	-272.44	-168.47	-421.57
Net Income Margin %	-337.35	-355.17	-272.44	-168.47	-421.57
Net Avail. For Common Margin %	-337.35	-355.17	-272.44	-168.47	-421.57
Normalized Net Income Margin	-210.85	-217.55	-170.27	-105.3	-263.48
Levered Free Cash Flow Margin	-77.84	-110.24	-128.92	-42.16	-90.61
Unlevered Free Cash Flow Margin	-77.31	-109.52	-124.08	-38.85	-86.17
Asset Turnover
Asset Turnover	0.14	0.17	0.19	0.34	0.18
Fixed Assets Turnover	2.04	1.13	0.79	1.34	0.8
Receivables Turnover (Average Receivables)	3.08	2.27	2.07	5.09	4.84
Inventory Turnover (Average Inventory)	1.59	3.01	2.53	2.2	0.29
Short Term Liquidity
Current Ratio	1.21	2.7	0.75	1.07	0.29
Quick Ratio	1.05	2.54	0.48	0.74	0.16
Operating Cash Flow to Current Liabilities	-1.16	-1.59	-1.81	-0.51	-1.16
Days Sales Outstanding (Average Receivables)	118.98	160.91	176.74	71.75	75.54
Days Outstanding Inventory (Average Inventory)	229.48	121.13	144.18	166.12	1.27K
Average Days Payable Outstanding	405.05	214.39	143.55	307.52	-2.28K
Cash Conversion Cycle (Average Days)	-56.59	67.65	177.36	-69.65	3.62K
Long Term Solvency
Total Debt/Equity	8.04	28.27	56.32	20.32	13.75
Total Debt / Total Capital	7.45	22.04	36.03	16.89	12.09
LT Debt/Equity	1.64	23.7	44.92	12.92	-
Long-Term Debt / Total Capital	1.51	18.47	28.73	10.74	-
Total Liabilities / Total Assets	26.69	33.26	54.49	38.85	53.37
EBIT / Interest Expense	-325.5	-209.55	-38.27	-26.37	-51.88
EBITDA / Interest Expense	-244.62	-169.11	-32.07	-19.3	-35.46
(EBITDA - Capex) / Interest Expense	-256.64	-175.54	-33.21	-20.04	-36.49
Total Debt / EBITDA	-0.19	-0.72	-0.43	-0.31	-0.11
Net Debt / EBITDA	0.38	0.67	-0.33	0.2	-0.09
Total Debt / (EBITDA - Capex)	-0.18	-0.69	-0.42	-0.3	-0.11
Net Debt / (EBITDA - Capex)	0.36	0.64	-0.32	0.2	-0.09
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	37.94	42.17	11.46	28.61	-63.38
Gross Profit, 1 Yr. Growth %	37.49	22.92	-17.82	46.41	-45.52
EBITDA, 1 Yr. Growth %	8.87	32.65	44.45	-45.18	-8.81
EBITA, 1 Yr. Growth %	8.62	29.73	44.16	-44.16	-4.43
EBIT, 1 Yr. Growth %	12.02	24.34	37.45	-39.28	-3.62
Earnings From Cont. Operations, 1 Yr. Growth %	21.17	49.68	-14.5	-20.47	-8.36
Net Income, 1 Yr. Growth %	21.17	49.68	-14.5	-20.47	-8.36
Normalized Net Income, 1 Yr. Growth %	37.5	46.69	-12.76	-20.47	-8.36
Diluted EPS Before Extra, 1 Yr. Growth %	7.81	-18.85	-24.09	-57.98	-76.06
Accounts Receivable, 1 Yr. Growth %	82.15	98.65	-15.95	-85.67	106.83
Inventory, 1 Yr. Growth %	3.95	64.16	171.44	-30.71	-59.27
Net Property, Plant and Equip., 1 Yr. Growth %	-13.28	351.99	-4.96	-44.96	-27.49
Total Assets, 1 Yr. Growth %	-14.38	59.33	-36.86	-21.06	-39.18
Tangible Book Value, 1 Yr. Growth %	-48.87	322.58	-98.23	1.12K	-156.2
Common Equity, 1 Yr. Growth %	-22.06	45.06	-56.94	6.07	-53.62
Cash From Operations, 1 Yr. Growth %	7.93	49.84	40.54	-79.61	111.07
Capital Expenditures, 1 Yr. Growth %	162.8	3.37	33.29	-42.78	-31.62
Levered Free Cash Flow, 1 Yr. Growth %	-63.42	101.34	30.35	-57.94	-21.3
Unlevered Free Cash Flow, 1 Yr. Growth %	-63.56	101.4	26.28	-59.73	-18.76
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	28.44	40.04	25.88	19.73	-31.37
Gross Profit, 2 Yr. CAGR %	39.55	30	0.51	9.69	-10.69
EBITDA, 2 Yr. CAGR %	33.62	20.17	38.43	-11.01	-29.3
EBITA, 2 Yr. CAGR %	33.23	18.71	36.75	-10.28	-26.95
EBIT, 2 Yr. CAGR %	38.5	18.02	30.73	-8.65	-23.5
Earnings From Cont. Operations, 2 Yr. CAGR %	56.69	34.67	13.12	-17.54	-14.63
Net Income, 2 Yr. CAGR %	56.69	34.67	13.12	-17.54	-14.63
Normalized Net Income, 2 Yr. CAGR %	60.94	42.02	13.12	-16.7	-14.63
Diluted EPS Before Extra, 2 Yr. CAGR %	46.16	-6.47	-21.51	-43.52	-68.29
Accounts Receivable, 2 Yr. CAGR %	10.08	90.22	29.21	-65.3	-45.56
Inventory, 2 Yr. CAGR %	22.29	30.63	111.09	37.14	-46.88
Net Property, Plant and Equip., 2 Yr. CAGR %	18.03	97.98	107.26	-27.68	-36.83
Total Assets, 2 Yr. CAGR %	-17.73	16.8	0.3	-29.4	-30.71
Tangible Book Value, 2 Yr. CAGR %	-59.91	47	-72.64	-53.44	162.2
Common Equity, 2 Yr. CAGR %	-26.4	6.33	-20.97	-32.42	-29.86
Cash From Operations, 2 Yr. CAGR %	29.14	27.17	45.12	-47.31	-34.4
Capital Expenditures, 2 Yr. CAGR %	-41.62	64.82	17.38	-12.67	-37.45
Levered Free Cash Flow, 2 Yr. CAGR %	-49.38	-14.17	62	-25.96	-42.46
Unlevered Free Cash Flow, 2 Yr. CAGR %	-49.55	-14.33	59.48	-28.69	-42.81
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	6.87	32.86	29.78	26.79	-19.33
Gross Profit, 3 Yr. CAGR %	6.65	33.77	11.57	13.93	-13.13
EBITDA, 3 Yr. CAGR %	184.75	33.3	27.78	1.65	-10.29
EBITA, 3 Yr. CAGR %	200.64	32.05	26.65	1.45	-8.37
EBIT, 3 Yr. CAGR %	222.15	33.61	24.17	1.24	-7
Earnings From Cont. Operations, 3 Yr. CAGR %	239.74	54.32	15.74	0.59	-14.59
Net Income, 3 Yr. CAGR %	239.74	54.32	15.74	0.59	-14.59
Normalized Net Income, 3 Yr. CAGR %	239.74	56.04	20.73	0.59	-14.01
Diluted EPS Before Extra, 3 Yr. CAGR %	207.87	20.13	-12.75	-36.27	-57.58
Accounts Receivable, 3 Yr. CAGR %	14.82	34.02	44.88	-37.92	-37.08
Inventory, 3 Yr. CAGR %	-	34.9	66.69	45.62	-8.5
Net Property, Plant and Equip., 3 Yr. CAGR %	75.64	84.66	55.02	33.22	-27.61
Total Assets, 3 Yr. CAGR %	-15.27	2.55	-4.85	-7.39	-32.82
Tangible Book Value, 3 Yr. CAGR %	-53.81	-12.1	-66.29	-2.88	-50.43
Common Equity, 3 Yr. CAGR %	-22.04	-7.72	-21.33	-12.82	-40.39
Cash From Operations, 3 Yr. CAGR %	101.83	35.71	31.48	-25.35	-16.32
Capital Expenditures, 3 Yr. CAGR %	14.11	-29.37	53.56	-7.62	-19.51
Levered Free Cash Flow, 3 Yr. CAGR %	-18.28	-19.79	-1.35	3.35	-24.43
Unlevered Free Cash Flow, 3 Yr. CAGR %	-18.26	-19.97	-2.5	0.8	-25.53
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-3.69	4.05	14.1	27.44	0.58
Gross Profit, 5 Yr. CAGR %	7.13	11	4.15	23.56	2.07
EBITDA, 5 Yr. CAGR %	55.23	71.56	113.39	13.4	0.84
EBITA, 5 Yr. CAGR %	57.51	73.79	119.38	13.14	1.63
EBIT, 5 Yr. CAGR %	64.18	79.61	124.58	14.76	2.3
Earnings From Cont. Operations, 5 Yr. CAGR %	58.78	63.51	118.83	20.1	2.48
Net Income, 5 Yr. CAGR %	58.78	63.51	118.83	20.1	2.48
Normalized Net Income, 5 Yr. CAGR %	76.06	105.42	118.83	21.39	5.1
Diluted EPS Before Extra, 5 Yr. CAGR %	45.73	35.83	78.21	-11.17	-41.8
Accounts Receivable, 5 Yr. CAGR %	36.82	41.94	20.38	-21.94	-2.06
Inventory, 5 Yr. CAGR %	22.02	-	-	35.79	5.5
Net Property, Plant and Equip., 5 Yr. CAGR %	66.3	122.53	87.66	26.92	8.25
Total Assets, 5 Yr. CAGR %	53.31	46.6	-9.35	-11.67	-16.19
Tangible Book Value, 5 Yr. CAGR %	14.46	59.62	-62.54	-31.83	-23.43
Common Equity, 5 Yr. CAGR %	121.79	80.53	-21.61	-18.53	-24.86
Cash From Operations, 5 Yr. CAGR %	30.66	76.76	76.88	-7.05	-1.07
Capital Expenditures, 5 Yr. CAGR %	69.39	57.01	15.41	-23.11	7.22
Levered Free Cash Flow, 5 Yr. CAGR %	50.3	31.37	7.45	-22.32	-20.49
Unlevered Free Cash Flow, 5 Yr. CAGR %	50.1	31.56	6.79	-23.58	-21.24